ASPREY OPENS IN MIAMI: Earlier this month, British luxury goods firm Asprey opened a 200-square-foot store at the Setai hotel in Miami. This, the firm's third U.S. store, will offer jewelry, silver, gift items and exotic leather goods. Prices in the store range from $160 for small leather goods or key chains to $37,000 for a purple crocodile bar set with sterling silver and crystal martini glasses. An Asprey spokeswoman said, "The Setai offers Asprey the perfect venue in Miami to reach our clientele in their world. We like reaching our customers where they live and where they vacation." Asprey has flagships in London and New York and brand outposts in luxury markets such as Beverly Hills, Saint Moritz, Switzerland, and Dubai. A Tokyo boutique is slated to open next month. On Feb. 1 the firm will host a charity fashion show for 300 women at Mar-a-lago.
VALENTINO, MITSUI END JOINT VENTURE: Valentino SpA said Monday it had acquired 100 percent of its Japanese subsidiary, after buying out local partner Mitsui and Co. Ltd. Valentino, which is a unit of Valentino Fashion Group SpA, purchased Mitsui's 49 percent holding in Valentino Japan Ltd. for an undisclosed sum. Mitsui set up Valentino Japan in 1974 with two other Japanese companies. Valentino bought 51 percent of the business in 2004. In Monday's statement, Valentino said the buyout was in line with its strategy to develop the Japanese market, which accounts for 10 percent of company sales.
TIFFANY TO OPEN IN MADRID: Tiffany & Co. said on Monday it will open a store in Madrid in the fall. The site, at No. 10, Calle José Ortega y Gasset, will be 5,400 square feet and will occupy two levels in the landmark building. Tiffany architects and designers are working on preserving the building's original facade, creating a two-story entry rotunda of stone that opens to a modern and gracious interior with Macassar and walnut woods, custom furnishings and brushed stainless steel showcases, the jewelry retailer said. Cesare Settepassi, vice president and managing director of Tiffany & Co. Europe, said in a statement that the retailer's "prominent location in a landmark building in Madrid's most desirable shopping area provides us with the ideal environment for introducing customers to Tiffany's own heritage of product design and outstanding service, for which it is known worldwide."
In yet another fashion show shuffle, @elleryland is moving its show in sync with the Paris couture calendar — though the brand is still keeping one foot on the city’s ready-to-wear schedule. Their runway show in January will coincide with the launch of a new strategy: designing two main collections each year instead of four, which will then be released in four drops. “As we all know, the system needs to change. We need to show sooner to give time back to artisans and designers to do what they do best — create,” said founder Kym Ellery. #wwdnews #wwdfashion (📷: @kukukuba)
@maxmara’s classic 101801 coat was the cornerstone of its pre-fall 2018 collection. The design team expanded the traditional double-breasted, kimono-sleeved style into a trapeze coat, lean belted styles and a peacoat and presented them in monochromatic looks – like the camel one pictured here. #wwdfashion #prefall18 (📷: George Chinsee)
The @cfda has shifted the dates of #NYFW, with Men’s showing on February 5 through February 7, and Women’s will directly follow, running from February 8 through 14. The preliminary schedule will be released on the CFDA’s web site in the next few days, but Mark Beckham, VP of marketing for the CFDA, revealed that @rafsimons will be back to close the men’s-specific part of the week with a show on February 7 #wwdfashion (📷: Kelly Taub)
@ferragamo is introducing a new space dedicated to the development of women’s and men’s leather good samples. The laboratory, which is created eco-friendly materials and designed to reduce the environmental impact of the manufacturing processes, will allow the company to expand its accessories offering through traditional artisanal approaches. #wwdfashion (📷: @aitorrosasphoto)
How does a “regular, degular, schmegular” girl from the Bronx, N.Y., become a Grammy-nominated artist with a certified platinum record in less than a year? Call it the @iamcardib come up. The 25-year-old has become a musical sensation, and the fashion world is taking note. “If I could describe her style I would say drama. She’s really into the dramatics,” says Cardi B’s stylist @kollincarter. See how Carter styles her bold and out there looks with the link in bio. #wwdfashion
“There is no formula. There is no guideline. I can watch Ted Talks all day, but there is no one who can advise me on exactly what it is I should be doing,” said @ronniefieg, CEO of @kith, in an interview with WWD’s @ariahughes at the brand’s new SoHo office in Manhattan. Head to WWD.com to see how Fieg went from hanging out in shoe stockrooms at 13 to building his own business. #wwdfashion (📷: @weston.wells)
@fearofgod and @maxfieldla have teamed up on a pop-up installation. The store, located in the gallery space across from Maxfield’s Melrose Ave location, is the site of the brand’s House of God pop-up in which Fear of God founder @jerrylorenzo has created a church-inspired installation. A dozen vintage church pews sit in front of an LED screen playing 90s gospel singers in an effort to re-create an environment akin to a Southern Baptist Church, Lorenzo explained. Read more about the pop-up on WWD.com #wwdfashion (📷: Jennifer Johnson)
Known for his sleek, sophisticated American glamour, Norman Norell is the subject of an upcoming exhibition at @fitnyc. “Norell: Dean of American Fashion,” which runs from February 9 through April 14, will feature approximately 100 ensembles and accessories. His best work is exemplified by the designer’s glittering “mermaid” gowns frosted with thousands of hand-sewn sequins – like the one pictured. (📷: William Helburn) #wwdfashion
For pre-fall 2018, @balmain didn’t let go of the glitz. A crystal embroidered baseball jacket priced at around $40,000 hangs in the “couture” section of the brand’s first men’s pre-collection. Sporting the words “Balmain Army” across the back, the item took around two months to make. “When it was completed, it was like Christmas, it was like, ‘It’s done, it’s exactly what I wanted,’” said Balmain’s creative director @olivier_rousteing during a tour of the collection in a Paris showroom on Monday. #wwdfashion