The French luxury footwear and accessories brand, which had estimated sales last year of $82 million, has been acquired by Luxembourg-based Lux Diversity SA from Switzerland’s Remer Holding AG. Terms of the deal were not disclosed.
Lux Diversity is a holding company created by two former minority Jourdan shareholders, Serge Krancenblum, who has become president of Charles Jourdan Holding AG’s board of directors, and Michel de Tapol, now president and managing director of Charles Jourdan France.
Founded in 1921 by French shoemaker Charles Jourdan, the firm has a rich history. It opened its first store in 1957 in Paris and reached its zenith in the Seventies, when its platform shoes became an integral part of the disco scene. Lately, however, the firm has struggled to maintain its sales and achieve profitability against what it called “significant losses.” In late 2002, Jourdan said it would let go of one-third of its workforce — about 295 employees — and shutter the 15 shops it had opened in the U.S. It still operates stores around the world, in locales including Madrid, Bangkok, Kuwait City and Tokyo.
This year, the firm has begun revving up its image. In January, it named London-based shoe designer Patrick Cox as the brand’s creative director. Cox is due to introduce his first full collection next spring, after having shown a capsule collection of 40 pieces last April for fall. In his first collection, Cox infused the collection with items such as Lucite and metallic mules and T-strap pimps, as well as an acrylic sandal with a 5-inch heel and an ankle strap that dangles miniature disco balls.
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews