L’Oréal USA is getting ready to move its headquarters. The company,which is now located at 575 Fifth Avenue, has leased 402,000 square feetof office space in the South Tower of the Hudson Yards development at30th Street and 10th Avenue.
“The Hudson Yards development is at the core of a pioneering newneighborhood and L’Oréal USA is proud to be part of it,” said FredericRoze, president and chief executive of the company, the largestaffiliate of its Paris-based parent, the global beauty leader.“Relocating our corporate headquarters is an exceptional opportunity toprovide our employees with a workplace for tomorrow and a headquartersthat best represents our very creative and innovative company and ourmission of beauty for all.”
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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)