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."
Supermodel @helenachristensen teamed up with longtime friend and designer @camillastaerk on a joint @paredeyewear collaboration. The lineup features three styles and 11 offerings, all of which embody a vintage feel. Get all the details on how they celebrated the collab on WWD.com. #wwdaccessories #wwdeye (📷: @slovekinpics)
“It’s a hard industry to keep motivated, as well, so finding different subjects and people is what makes it worth it – when you’re like, oh, I’ve met great people, I feel like I’ve done something good, and I feel proud of having done this,” said French actress Stacy Martin on being grateful for the variety of roles she’s take on. Read @ktauer’s full interview with Martin on her her latest film “Godard Mon Amour.” #wwdeye (📷: @danieldorsa)
After showing in front of the Eiffel Tower for his last two women’s ready-to-wear collection, it looks like @anthonyvaccarello may be heading to the Big Apple. Sources say the designer will stage his next @ysl show in NYC on June 6. Get all the details on WWD.com. #wwdnews #wwdfashion (📷: @aitorrosasphoto)
EXCLUSIVE: Two and half months after John Targon, cofounder and codesigner of Baja East, was hired as creative director of the contemporary division at Marc Jacobs, he has left the company, WWD has learned. Marc Jacobs International, which is owned by LVMH Moët Hennessy Louis Vuitton, confirmed Targon’s departure in a statement: “John Targon is a talented designer and we appreciate the work he has done here. Ultimately working together did not make sense for the brand and we wish him the best.” Read the story by @jessiredale, link in bio. #wwdnews
@theluxurycollection is officially launching a collection, tapping Sofia Sanchez de Betak for the capsule. Over 30 styles will be featured in the Chufy x The Luxury Collection, debuting next month at Bergdorf Goodman, The Webster, FiveStory and more. De Betak, known as “@chufy,” drew inspiration for the collection from her trips to Japan in the past year #wwdfashion
@lhd, founder and CEO of @thewebster, has teamed up with @lebonmarcherivegauche for the European launch of her ready-to-wear line, LHD. The launch will come with an exclusive pop-up opening today that’s set to run through May 20. Located on the second floor, it carries her debut Miami-themed resort collection, launched in November as see-now-buy-now. #wwdfashion