Goop just made a number of executive hires and promotions, amid projections the lifestyle brand founded by Gwyneth Paltrow is on track to about triple revenue this year.The company declined through a spokesperson to specify its actual revenue figures. However, the spokesperson said about half of this year’s retail sales was generated by Goop-branded product, making the hiring of Shaun Kearney as senior vice president of fashion, a strategic move as the company seeks to grow the Goop product lineup.Kearney takes on the position, which is a new role at the company, after working at TechStyle Fashion Group’s fast-growing Fabletics division. He is charged with building out Goop’s branded apparel in addition to the multibrand fashion business.Goop apparel, called Goop Label, launched as a test in September 2016 with monthly drops of capsule collections that sold out from month to month, said Blair Lawson, who was recently promoted to chief merchandising officer.The line continues to do well thus proving to the company there is an appetite for the product, she went on to say.Still, even as the company looks to expand the Goop-branded fashion offering, it’s not looking to have it eclipse the multi-brand business, but potentially grow to account for half of sales within the fashion vertical.“It’s really interesting when you look at the way our business works best. It’s the perfect combination — and this is true for any vertical — everything starts with the content and then the content is wrapped around an ecosystem of products,” Lawson said. “If you’re only writing about your own products, it’s not really as interesting or relevant to the customer.”Paltrow, who started the business in 2008, as a newsletter sharing personal tips, today counts an online content and commerce division, products in the way of vitamins and skin care among other things, a magazine with Condé Nast and physical retail. The company has also entered the conference circuit with plans to host its second wellness conference Goop Health next month in New York.Lawson’s elevation perhaps in some ways mirrors the broader company’s maturity in more recent years. The executive joined the company in April of 2015 at a time when there was no merchandising team and the office was still Paltrow’s pool house. Her promotion to chief merchandising officer now centralizes the buying and product development teams across categories for a consistent strategy online and off.“I think what we’ve realized with our customers is a couple of things,” Lawson said, reflecting on the dynamic between the brand and consumer she’s seen since joining the firm. “We have a reader who is really interested in purchasing and I think that partly comes from the authenticity of our editorial voice, which we built for so many years. Gwyneth really built that voice for five years with no commerce element before we layered on any e-commerce. When we tell the story about the product...our reader wants to buy that product from us so it really goes back to this [idea] of contextual commerce.”Kearney’s hiring and Lawson’s promotion were just two of several updates made to the executive team. Goop also promoted former head of content Elise Loehnen to chief content officer. There was also the additions of Harper’s Bazaar alums Wendy Lauria, who is vice president of marketing, and Erin Pollard, who serves as director of partnerships, international fashion and luxury.For More West Coast News in WWD:Sophia Amoruso Nabs Another $2M for GirlbossMadaLuxe Sets Sights on Retail With Vault ConceptRimowa CEO Alexandre Arnault Looks to Rewrite Luxury Retail’s Rules
In honor the @CFDA’s announcement of @iamnaomicampbell receiving the Fashion Icon Award at the 2018 #CFDAAwards, which will take place on June 4, here’s a #tbt of the supermodel on @michaelkors’ runway in 1991. #wwdfashion #wwdarchive (📷: George Chinsee)
“I was making the guacamole when my scout saw me,” says model @stuckinteenage on being discovered just six months ago while working at @chipotlemexicangrill. Since then Williams has signed with @dnamodels, walked in her first show at @calvinklein and landed on the cover of @vogueitalia – a high point of any model’s career. To read @lisajlockwood’s full interview with the model on her experiences thus far, head to WWD.com – link in bio. (📷: George Chinsee)
“I love the idea of dialogue, period. It’s where I’ve always gotten my inspiration from: hearing other women speak, their journeys and their paths,” said @hereisgina, who delivered the keynote speech during @sxsw for @createcultivate in partnership with @fossil. For her two panels, Rodriguez chose female empowering, female-led and female entrepreneurs to focus on. Head to WWD.com to read more about her thoughts on Time’s Up, growing up in a family of women and why we “need a girls’ club.” #wwdeye #sxsw (📷: @jgreenery)
Leading luxury brand are shaking things up to keep up with streetwear. Case in point: the arrival of @mrkimjones as artistic director of @diorhomme. Jones, who succeeds @Kris_Van_Assche, is seen as one of the handful of designers who can actually straddle the luxury and streetwear worlds — which could lead to even more changes at established brands. What could this mean for the rest of the menswear landscape? Head to WWD.com to find out what experts predict #wwdfashion (📷: @franckmura)
“It’s like buying groceries. You’re going to buy the best mango, the best mozzarella, the best things. You have to, or others are going to take it all,” said @gabrielahearst on why she uses only the finest fabrics. Last week, Hearst received her first @cfda nomination for Womenswear Designer of the Year, and earlier this month she opened a permanent showroom in Paris. To read @jessiredale’s interview with the designer and find out why this is shaping up to be a big year for her, head to WWD.com. #wwdfashion (📷: @francoisgoize)
“It’s an interesting thing, playing a younger version of your mother. It’s an interesting concept. I adore my mom and love her in every capacity, but it was just something that had never crossed my mind,” says @anniemstarke on playing a young Joan Castleman in “The Wife.” The same role will be played by her mother Glenn Close. Read more about her growing up in the film industry as the daughter of producer John H. Starke and Close and what she has planned for the future #wwdeye (📷: @nataliamantini)
@asics is launching a new streetwear sneaker inspired by its latest ambassador, @steveaoki. The Hyper-Kenzen x Aoki, which will launch at @footlocker stores exclusively tomorrow, is a slip-on style that incorporates the brand’s proprietary Gel technology through beads integrated into the midsole for comfort and endurance. Read the full story on WWD.com.