Kate Somerville plans to kick off 2013 by entering South Korea and launching a slew of new products.
Somerville is working with Spruce Korea to enter the market in early 2013. According to Somerville chief executive officer Michelle Taylor, the overall Korean department store industry generates sales of well over $2 billion annually, making it a natural expansion target.
“We already have a presence in Australia, New Zealand, Singapore and Malaysia,” said Somerville. “Now, for Korea, we have a partner who not only has incredible experience and knowledge of the industry, but also a complete understanding of what luxury means.”
Cliff Park, chief executive officer of Spruce, and Jennifer Park, president, also oversaw Fresh’s entry into the Korean market 10 years ago, Taylor noted. Fresh is now said to generate $30 million at retail in South Korea annually.
In January, the brand will launch D-Scar Diminishing Serum, $45 for .66 oz. Powered by DS-7, a microencapsulated peptide that’s said to be essential to the skin renewal process, the product is designed to minimize the appearance of acne scars and scars occurring from minor injuries. It will be carried at Neiman Marcus, Nordstrom, Sephora, katesomerville.com and at Somerville’s clinic in Los Angeles. Industry sources estimated it would do about $2 million retail in its first year on counter.
Also in January, Somerville will launch RetAsphere 2-in-1 Retinol Night Cream, $85 for 1 oz. Its signature ingredient, the RetAsphere Smart-Release Carrier System, is designed to protect pure retinol in a lipid shell that melts evenly into the skin, helping prevent irritation and dryness. The delivery system is also said to penetrate deep into the epidermis, to help diminish the look of fine lines and wrinkles. Seaweed Extract, with bio-derived hyaluronic acid, assists in sustained hydration. It will be sold on QVC and in Neiman Marcus, Nordstrom, Sephora, luxury spas, doctors’ offices, katesomerville.com and Somerville’s clinic in the U.S., as well as in Singapore, Malaysia and Canada. Industry sources estimated it could do $4 million at retail in its first year on counter.
Somerville’s third January launch, Body Glow, will retail for $45 for 5 oz. Its key ingredient, SolarX Complex, is said to provide broad spectrum protection against the damaging aging effects of UVA and UVB rays. Rosemary Extract offers antioxidant properties that help to fight free radicals, while caffeine is said to refine texture, improve tone, contour, and firm the appearance of skin. Light Reflective Pearls provide a soft shimmer said to minimize the appearance of skin imperfections. It will be carried at Neiman Marcus, Nordstrom, Sephora, luxury spas, katesomerville.com and Somerville’s clinic and could do $2 million at retail in the U.S. in its first year on counter.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)