Are there enough distributors for K-beauty in the U.S.?Dino Ha, chief executive officer of Memebox, seems to think so. Two years ago when the business started selling Korean beauty products on its web site there was a distinct need, he said — U.S. consumers wanted the brands, and Soutb Korean companies needed Memebox to help get those products to American customers."What we see today is more K-beauty players emerged in the U.S., so we think that distribution problem is going to be solved," Ha said.So as of Monday, Memebox has switched its business model in the U.S. to be an informational platform instead of an e-commerce play, he said. "What we learned during years of being in the U.S. market selling [South] Korean beauty products was a lot of customers need education on K-beauty regimens and a lot of information behind the products."With its new plan, Memebox will be providing that information through educational content, including videos, aiming to capture the K-beauty customer who is searching for information before he or she purchases from another distributor. Memebox will also add product reviews from South Korean consumers in order to give U.S. shoppers a broader sense of product performance.The shift comes several months after the business closed a $60 million round of venture capital funding. In total, the business has raised $160 million. With that latest round, closed in December, Memebox added Laura Mercier founder Janet Gurwitch as an adviser.Through that point, China had been a big focus for the company, but now the company is prioritizing distributing its private-label brands in the U.S., Ha said. Recently, China has been tougher on imports of Korean beauty products. Ha said the U.S. market could be 10 percent of Memebox's overall revenues by the end of the year.Memebox's private-label offerings are currently in about 1,500 doors, Ha said, and he expects them to be in 4,000 U.S. doors by the end of the year. Last year, Membox posted more than $100 million in revenues, according to industry sources and is expected to grow again for 2017.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)