LAS VEGAS - With 44,000 attendees at this year’s International Council of Shopping Centers spring conference Monday, there were more than a few juicy tidbits and opinions floating the halls of the Las Vegas convention center.
A few highlights:
-Nordstrom has contacted a powerhouse New York City retail brokerage firm to look at sites in Manhattan.
- Vornado is believed to have made a bid on Lord & Taylor, but “all of these big developers are bidding on that portfolio,” says an investment banker. As reported, Lord & Taylor sent out 40 memorandums, or fact sheets, detailing the operation to prospective bidders. Opinions on what will happen to Lord & Taylor are varied. John Bucksbaum of General Growth Properties Inc. warns that what happens with the portfolio will “depend on whose hands its in,” and that the department store industry “shouldn’t rule out that someone could make the store very competitive,” while William Susman, chief operating officer of investment bank Financo Inc., thinks the brand needs a serious overhaul before it becomes a major player in the market. Meanwhile, developers such as Peter Lowy, of Westfield Group, are eager to buy back Lord & Taylor stores and either raze or revamp them into new lifestyle components and bring in new retailers.
- H&M’s smaller prototypes are being rolled out to more store locations in Las Vegas and Southern California as the retailer continues to expand into new formats, including malls.
- The Taubman Co.’s protracted development deal in Salt Lake City with the Church of Latter Day Saints may finally see the light of day. Bill Taubman says news of the proceedings of the urban mixed-use project, which will reshape all of Salt Lake City, will be aired within the next six months after several years of negotiations. Taubman says it one of the most complex deals the developer has ever worked on.
- The Westfield Group’s Lowy will head to New York City in the next several weeks to begin negotiations with the Port Authority of New York and New Jersey on the retail space at the World Trade Center. The Westfield Group, according to a deal in place before the towers fell, retains the first right of refusal on any retail development at the trade center.- Forever 21’s new store in Pasadena, Calif., which occupies a former Saks Fifth Avenue space, is said to debut the retailer’s department store concept and will house items such as shoes, accessories, and men’s and children’s fashions, as well as a restaurant.
Stay tuned for more web exclusive live updates from the ICSC in Las Vegas.
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
“Stranger Things” is getting a new cast member for season 2. Meet @sadiesink_, the 15-year-old who will be joining the Netflix series for its new season. You may recognize her from “The Glass Castle” with Brie Larson and Woody Harrelson, but the Texas native’s next role goes in an entirely different direction. She describes her character, Max, as “a rough and tumble skater girl [who] becomes friends with the boys at school.” The second season debuts on October 27. (📷: @jgreenery) #wwdeye
Amid the Harvey Weinstein controversy, there’s another sector that’s being put under the spotlight for sexual abuse: the modeling industry. While rumors about abuse and sexual harassment of female and male models — and the photographers, agents and others who perpetrated it — have circulated within the fashion world for years, model @cameronrussell started posting stories from models on Instagram last week about abusive situations they’ve encountered — from sexual harassment and molestation to attempted rape. Over 75 have weighed in so far. Read more on WWD.com. Link in bio. #wwdnews
To celebrate its 16th anniversary, @dylanscandybar tapped designers and celebrities to create mosaics out of candy. The mosaics will be auctioned off to support the philanthropic cause of each participant’s choice. Pictured here is the mural created by @aliceandolivia's Stacey Bendet. For a first look at some of the other artwork being unveiled tonight, go to WWD.com. #wwdeye
The annual Veuve Clicquot Polo Classic in Pacific Palisades this weekend drew Kate Hudson, Tracee Ellis Ross, Laura Dern and more. See pictures of the star-studded event on WWD.com. (📷: @chelsealaurenla) #wwdeye
In his new book “Hollywood Royale,” Andy Warhol’s Protégé Matthew Rolston celebrates the Eighties revival of Hollywood glamour. Featuring more than 100 portraits taken by Rolston from 1977 to 1993, the book contains photos of icons like Michael Jackson, Cyndi Lauper, and @drewbarrymore, pictured here in 1991. “Hollywood Royale,” out today, will be accompanied by an exhibition opening at Los Angeles’ Fahey/Klein Gallery on March 1. #wwdeye