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.
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)