Sisters Ruth and Esther Fortunoff were back in the market, shopping jewelry at the JA NY Summer show at the Jacob K. Javits Convention Center last weekend, raising possibilities of relaunching the Fortunoff Web site or other ventures.
“They went to the show. They go every year. There is really no new news,” said David Fortunoff, president of Fortunoff Brands LLC and grandson of Max and Clara Fortunoff, who founded the chain.
“We’re just trying to talk to vendors, see what the attitude is, and see who is interested in doing something,” Fortunoff said. “There is no imminent plan to launch the Web site. It’s a possibility.”He also said stores are not beyond the realm of possibility, and there has been speculation about former Fortunoff executives relaunching outdoor furniture stores through a licensing arrangement.
Fortunoff did say that an information-only Web site will be launched within a week or two “to really educate” people that the Fortunoff family is back in control and to invite potential licensing deals or other kinds of business partners.
“We are interested in hearing ideas [though] we have plenty of our own. We are in the early stages of formulating a strategy about reentering the marketplace. We are thinking about all possibilities. We don’t have one clear path,” Fortunoff said.
Considering current business conditions, the family would proceed cautiously with any plans, he said. The Fortunoff home furnishings and jewelry chain went bankrupt twice in the last few years and was liquidated last winter by owner NRDC Equity Partners. Last July, the Fortunoff and Mayrock families, who owned and operated Fortunoff for four generations, purchased back all the intellectual property, including the Fortunoff brand name, trademarks, customer lists, software, domain names and copyrighted material, for $1.8 million.
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)
@heriethpaul and @gracebol have a moment on the @victoriassecret fashion show 2017. See every look from the runway on WWD.com. Link in bio. (📷: @giovanni_giannoni_photo) #wwdfashion #victoriassecret #VSFashionShow
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia