LOS ANGELES — Under the leadership of chief executive officer William Kim, AllSaints is once again charting a course toward expansion.
On Thursday, the British retailer opened stores in Beverly Hills on Beverly Drive and Toronto at Yorkdale Shopping Centre, marking its debut in Canada, as it seeks to spread retail units in North America and expose AllSaints to Asian tourists before breaking into Asia next year. But Kim, who took the helm of AllSaints last October after a series of management breakups and a close brush with insolvency resulting from costly growth strategies, is taking a cautious approach to expansion. He is vetting AllSaints’ retail concepts this year and making sure they prove themselves with the goal of laying the groundwork for a sustainable $1 billion global brand.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)