Laura Lee Miller has been promoted to the new post of president of Vera Wang Licensing from executive vice president as part of the Vera Wang Group's plans to bolster its estimated $200 million licensing business at retail.
NEW YORK — Laura Lee Miller has been promoted to the new post of president of Vera Wang Licensing from executive vice president as part of the Vera Wang Group's plans to bolster its estimated $200 million licensing business at retail.
She will spearhead a three-pronged effort to build existing licensing revenues with ancillary products, broadened fashion licenses and enhanced international expansion of the Vera Wang brand, which generates $300 million in retail volume through its apparel and licensees.
"Our motto is, 'Look beyond bridal.' All of our existing licenses are bridal-related," Miller said during an interview Monday.
Through its licensing deal with Coty, for instance, Vera Wang plans to introduce new fragrances geared for a broader audience and not marketed solely toward brides-to-be, Miller said. The same is true of the fine papers licensing deal with William Arthur, which consists of bridal-related products like wedding invitations, as well as general-use gift and holiday cards.
In her new role, Miller handles strategic development of all licensing ventures and marketing initiatives within the company and continues to report to Vera Wang, chief executive officer of the Vera Wang Group. Susan Sokol, president of Vera Wang, the apparel division, continues to oversee the ready-to-wear, bridal and dress collections, as well as the company's retail division. She also reports to Wang.
Since joining the company in March 2004, Miller has lined up licenses for stationery with William Arthur, intimate apparel with Charles Komar & Sons and furs with Pologeorgis Furs. She was also key in nurturing growth of the designer's fragrance portfolio with Unilever, china and crystal with Wedgwood, eyewear with Kenmark and fine jewelry with Rosy Blue.
Miller made an impression on Wang when she worked for Unilever Cosmetics International as president of Unilever's Prestige division, where Miller signed a fragrance license with Wang in 2000 and launched her fragrance business two years later. Unilever sold its international division to Coty earlier this year.
In terms of potential opportunities, Miller pointed to handbags, outerwear, small leather goods, watches, swimwear, diffusion sportswear and jeans. The company is also "looking seriously" at branching into Japan; Korea is another area being considered, Miller said.
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews
@prada is introducing a new project at its men’s fall 2018 show this Sunday: “Prada Invites.” The fashion house invited four celebrated creative minds – @ronanaerwanbouroullec, Konstantin Grcic, @herzogdemeuron and @rem.koolhaas – to each create a unique item with its iconic nylon material. The designs will be unveiled on the runway show, which will take place at the company’s warehouse in Viale Ortles 25. #wwdfashion #mfwm (📷: @martinocarrera)
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion