Liz Claiborne Inc. is shuttering Mexx retail in the U.K.
As part of its strategy "to divest of nonprofitable elements of its portfolio in order to focus its resources on more sustainable opportunities," Claiborne will close its three Mexx U.K. doors — in Covent Garden and Oxford Street in London and one in Edinburgh — and its 58 shop-in-shops in John Lewis and House of Fraser by the end of July.
Mexx will continue its wholesale business in the U.K. and Ireland, with about 260 points of distribution predominantly in Ireland, based out of its Dublin office. Mexx's 15 factory outlets in the U.K. also will remain open.
The closures affect about 300 employees in the U.K., whom Mexx will support through a redeployment and an enhanced retention program, according to Claiborne.
Of Claiborne's four direct brands, the Amsterdam-based Mexx is the largest, but has struggled the most with profitability, with comps predicted to be down 2 percent in 2007. Bought in 2001, Mexx does about $1.2 billion in sales, approximately evenly divided between wholesale and retail, with 222 stores at the end of 2007. On July 11, Claiborne revealed a plan for Mexx that included reviewing penetrated versus underperforming markets and investing in the core markets to maximize retail business — all to help grow the operation to sales of $1.4 billion to $1.5 billion by 2010.
Interestingly, one year ago this week Claiborne said it would shutter Mexx's remaining U.S. retail business, which was down to two New York and two Washington doors after seven other stores closed in 2006. Fellow Claiborne power brand Juicy Couture is taking over Mexx's old space at 650 Fifth Avenue in New York.
@zacposen's go-to holiday gift? Cookies! "I'll usually bake cookies and send them as a gift," said the designer, who recently released his cookbook "Cooking With Zac: Recipes from Rustic to Refined." Get the recipe for his Brown Butter-Chocolate Chip Cookies via link in bio 🍪🍪🍪 #wwdeye #cookingwithzac
For @monsemaison’s pre-fall 2018 collection, Fernando Garcia and Laura Kim honed in on the brand’s many signatures — men’s wear, which was tweaked and feminized through deconstruction, proportion play and lots of bare shoulders. See the rest of the photos on WWD.com #wwdfashion (📷: George Chinese)
On Friday night, @yohjiyamamotoofficial received the Design for Asia Lifetime Achievement Award in Hong Kong. The 75-year-old designer has been celebrated for many years and is best known for his dark and avant-garde tailoring. “In my long career, in design, architecture, [I’ve been to] so many parties, this is the very first time that I have such a warm feeling, I really appreciate this,” Yamamoto said. #wwdfashion (📷: @dominiquemaitre)
Discovery is collaborating with British pop artist @philipcolbert on a new line of clothing and accessories called Discovery Shark. The collection, which will launch next summer for Shark Week’s 30th anniversary, features a whimsical line of women’s and men’s bomber jackets, sweatshirts, bags and more. #wwdfashion
“I’m always a big champion of a female rapper, and I’m glad to see a new voice that feels unique and authentic that’s coming up, and I think we’re going to see more great things from her,” said @itsjeremyscott about @iamcardib, who performed at @moschino’s Art Basel Miami Beach party last night. #wwdeye (📷: @lexieblacklock)
@janellemonae’s “What’s Your Frequency?” room in @refinery29's #29Rooms made its debut this week at the opening of the Los Angeles art exhibit. “It’s about the ongoing conversation around mass surveillance, the weaponization of technology and cultural uniformity. My space was created so that we can come together and talk about the complexities of our humanity,” said Monáe. #wwdeye (📷: @bucknerphoto)
@pantone announced their Color of the Year 2018: Ultra Violet. Nearly 20 months after the musician Prince’s death, fashion is having a purple moment. Varying shades of purple appeared on spring or fall runways, from @christopherkane to @calvinklein. @gucci’s Alessandro Michele bathed his fall runway in ultra violet-colored light at one point. Pantone 18-3838 is meant to “push the boundaries of what inspires us to look upward and outward to the future.” #wwdnews #wwdfashion (📷: @kukukuba)