Kay Lee, who founded the brand 15 years ago, will open a new store in NoLIta at the end of the month, which represents store number five in Manhattan. The 650-square-foot “nook,” as Lee calls it, will be devoted to Otte’s in-house label, which she designs. The collection is minimalist and modern, with sleeveless V-neck silk dresses with rounded hems and cotton voile tops with uneven hems. “We decided to grow the Otte brand,” said Lee, noting that the collection is manufactured in the Garment Center.
Otte units, which average about 1,000 square feet, do from $1.5 million to over $2 million in sales a year.
The recently unveiled #8 New York Showroom — eight is a lucky number in Lee’s native Korea — wholesales the Otte collection along with the lines of eight young designers. Lynn Rosetti, a veteran of Steven Alan, is Lee’s partner and director of the showroom, which also showcases her handbag line, Oliveve. The other brands represented include Poupette, Sunday Somewhere, Alexia scarves, Great by Sandie, Lionette by Noa Sade and Marie Turnor.
In addition to lesser known names, Otte carries 3.1 Phillip Lim, Acne, Carven, Kenzo, Isabel Marant, MSGM, Rag & Bone and Vanessa Bruno, among others.
A Brooklyn location planned for next year will be something of a homecoming for Kay, who unveiled her first store there in 1999.
E-commerce is growing at a 40 percent to 50 percent clip. Online is a bigger focus for the company, Lee said, noting that 50 percent of the online business comes from international customers, mostly in China, Japan and Southeast Asia.
Stores in Asia are on the horizon. “The concept of a multibrand store is lacking in Asia,” Lee said. “We’ll open stores as soon as we can find the right local partner.
“I’m executing a foundation for this brand,” said Lee, who has put a team in place. In 2011, Lee realized she needed a right hand, so she hired Nancy Zhang, a former marketing manager at Google, as vice president and chief operating officer. “Nancy is executing an entrepreneurial vision,” Lee said. After Zhang joined, Otte in 2012 opened its biggest store, on Third Avenue and 71st Street, which Lee refers to as the flagship.
Lee’s is a rags to riches story. After studying fashion design at Parsons The New School for Design, she worked at J.C. Penney and Forever 21. She decided to open her own store in Brooklyn on Bedford Avenue. With no merchandise or money, she borrowed leftovers from her designer friends such as Jody Arnold. “I still kept my job,” she said. “I worked seven days a week for three years, nonstop.” In 2002, Lee opened a store on Greenwich Avenue in the West Village. A Madison Avenue and 94th Street unit bowed in 2008. When her 10-year lease ended in Brooklyn in 2009, Lee closed the store and opened another one in TriBeCa.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@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)