Harrys of London got a new owner earlier this year but now it's without a chief executive officer.
Steven Newey is stepping down “with immediate effect” from the role he’s held for more than two years, and it seems that Richard Cohen will be leading the company in an advisory role for the time being.Harrys characterized Cohen as a “veteran men's wear executive” in a brief statement and said he will “continue to advise the company in its planned global expansion” over the coming months, including the upcoming opening of a flagship store on Park Avenue in New York.Cohen previously held executive positions at Trinity Ltd., Saks Fifth Avenue, Robert Talbott, St. John Knits and Ermenegildo Zegna Group.Newey’s apparently abrupt departure comes not long after Charles Cohen, an American billionaire best known as a commercial real estate developer, bought Harrys for an undisclosed sum from Palladin Consumer Retail Partners, a Boston-based private equity firm that in 2014 took a majority stake in the brand.Charles Cohen and Richard Cohen are not related, a Harrys spokesman said.Charles Cohen has held the position of chairman since the acquisition, but said at the time that he intended to keep Newey on as ceo and that he was looking forward to working “closely with Steven and the rest of the team.” This was the same management method Cohen used when he in March bought a majority stake in Savile Row tailor Richard James, where Sean Dixon, cofounder of the brand, remains in his role of managing director.Harrys was founded in 2001 as a high-end men’s dress shoe brand. It opened its first store in London’s Mayfair in 2008. Since then, the store has relocated to Burlington Arcade and the company has expanded to the Middle East with retail locations in Kuwait, United Arab Emirates and Saudi Arabia. The line is also sold at Barneys New York, Harrods, Holt Renfrew, Lane Crawford and Mr Porter. For More, See:Giovanni Zoppas Appointed CEO of LVMH, Marcolin Joint VentureRue 21 Gets New CEO, Board of Directors Post-BankruptcyCarrefour Names Matthieu Malige Chief Financial Officer
@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
“I’m Russian and I love to use all these little tricks that I got from my grandma or my mom. We didn’t have a lot of money for creams or anything like that so we would use a garden as a beauty treatment regime. We’d put cucumber in the fridge and do a cucumber mask,” says model @irinashayk on one of her beauty hacks. WWD asked celebs what their go-to self-care rituals are. See what Naomie Harris, Freida Pinto and more said on WWD.com. #wwdeye #wwdbeauty (📷: @zefashioninsider)
Exclusive: @viktorandrolf are teaming up with @Zalando on a collection made from leftover clothing. The lineup, which lands at the retailer February 1, includes 17 pieces adorned with sliced up and repurposed overstock from the retailer’s private label collection. Pictured here is a look from the collection –– see more on WWD.com. #wwdfashion #wwdnews
@duewestnyc is the newest bar joining the collection of intimate neighborhood-focused spaces in the West Village. The cocktail menu, which includes bitters and syrups made in-house, offers a “Build Your Own Old-Fashioned” – like the one pictured here – where guests can choose from a list of spirits and unexpected sugars and bitters. #wwdeye
Spotted at last night’s National Board of Review gala in NYC: Angelina Jolie. Jolie – along with Meryl Streep, @lupitanyongo and more – continued the all-black dress code from Sunday’s Golden Globes. #wwdeye (📷: @lexieblacklock)