GINZA DEVELOPMENTS: LVMH Moët Hennessy Louis Vuitton's real estate arm L Real Estate and three Japanese companies are collectively investing 83 billion yen, or about $800 million, to jointly develop a new retail and multi-purpose development in Tokyo's Ginza district.
Construction starts this month on the new building, which will feature 495,140 square feet of retail space, as well as offices a theater and a rooftop garden. Scheduled to open in November 2016, the 13-story structure will redevelop an approximately 1.4-hectare site including the former site of the Matsuzakaya Ginza department store.
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)