NEW YORK — Marvin Traub Associates, the business development firm that works with the fashion, retail and consumer goods industries, has launched Traub Europe.
Based in London at 1 Lumley Street in Mayfair, Traub Europe will be headed by industry veterans Nigel French, chairman, and Stephen Pomfret, chief executive officer.
Mortimer Singer, ceo of Marvin Traub Associates, said the London-based division’s goal is to offer clients a centrally located global hub that provides guidance in expanding their businesses in both mature and emerging markets. He noted that French and Pomfret bring years of expertise in such areas as private-label development, merchandising and brand development.
Earlier, French headed Global Partners International Ltd., a company that provided trend forecasting services in the apparel and home categories, brand design and product development, licensing and franchising services. It also assisted brands and retailers that wanted to expand internationally. He previously served as chairman of May Department Stores International, where he spearheaded a global sourcing initiative, built a design team to develop private labels and restructured the company’s import program.
Pomfret’s background is in strategic business development, including international, multichannel retailing, brand development and product development. He held senior and board positions at Marks & Spencer, Mothercare and Uniqlo.
French, who was reached in London, told WWD, “We’re hoping to extend our reach, in terms of geographic and product reach. Morty has divisions we didn’t have, like food and beverage, and we have divisions they didn’t have, like designing private-label brands.” He said one of the projects they’ll be working on is with German department store Karstadt and ceo Andrew Jennings to bring exclusive international brands to the chain. He wants to help international brands move from one country to another.
“There are a lot of retailers and brands who want to do it, but are nervous about it or don’t know how to go about it. They can’t decide if it should be a franchise, a license or a joint venture, or if they should do it on their own,” said French. “We feel that the majority of people we’re talking to have brands that travel. We get people who call up and want to go into America. We have to explain that America has been a graveyard for a lot of European retailers. It’s not a consideration to be taken lightly,” said French.
Singer added that what they’ll do — in both New York and London — is implement strategies that a company’s board or outside advisers have recommended. “In many cases, the management has trouble or doesn’t know how to execute on those recommendations. So we often joke that we start where the PowerPoint stops. We put in place the strategies and execute on them.”
From overseeing America’s fastest-growing speciality retailers to codifying cool, WWD talked to the women who are leading the way for the future of beauty. Check out our Instagram Stories to see how these women built today and are creating tomorrow. (📸: @hannah_khymych) #wwdbeauty
For @laperlalingerie's spring 2018 show, the brand chose to host their event at @thevenetianmacao. With Chinese megastars @bingbing_fan and @hubing in attendance, La Perla debuted a rock ‘n’ roll-inspired collection. The show marked the start of Sands Macao Fashion Week, which runs from October 19 to 24 — the city’s first such event. Pictured here are models backstage with glimmering eyes. #wwdfashion (📷: Cheuk-Yin To)
Trending for spring 2018: top stitch design. Gone are the days of stitch just for seams — designers are using the once-minimal detail to create strong decorative elements. (📷: Paola Testa; Styled by @andrew_shang) #wwdfashion
@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)