NEW YORK — On the eve of its 10th anniversary, The Shops at Columbus Circle is doing some housekeeping.
With some newly vacant large space resulting from the closure of the 10,000-square-foot The Samsung Experience store and a 26,000-square-foot Borders Books, Music and Movies, the urban mall is bringing bridge and fast fashion to its upper levels. Borders and Samsung closed in October and January, respectively.
On Tuesday, H&M said it will open a 21,000-square-foot, two-level unit at the mall this fall, the first in Manhattan with a men’s shop with a dedicated entrance. H&M will occupy a portion of the former Borders space on the second floor and Samsung on the third. It joins Christopher Burch’s new format C. Wonder, which will open an 8,000-square-foot flagship at The Shops in September, taking over about one-third of the former Borders space. RELATED STORY: H&M April Sales Fall 10% >>
Daniel Kulle, U.S. president for H&M, said the store will be the retailer’s first on the Upper West Side and noted that the unit will sell women’s, including lingerie, underwear and accessories; men’s, and children’s clothing for newborns up to kids age eight. “H&M believes very strongly in the New York City market,” Kulle said.
With 20,000 to 30,000 square feet of space expected to come on line in the next few years, The Shops is moving toward its goal of adding more luxury brands to the tenant roster. “Going forward, the ground level will move in much more of a luxury direction,” said Kenneth Himmel, chief executive officer of Related Urban, developer of The Shops at Columbus Circle, which is part of Time Warner Center. “As you move up, you have J. Crew, H&M and Eileen Fisher. You’re getting into very good bridge and popular retail. On Fifth Avenue, you can see the enormous mix of retailing. There’s Louis Vuitton, Cartier, Fendi, Prada, Uniqlo, Abercrombie & Fitch and H&M. It’s a very democratic process today. I look at zoning our project that way. ”
L.K. Bennett, the London-based company that opened a store on The Shops’ ground floor in April, is an example of the type of retailer Related is after. A black leather dress costs $1,011; leather trousers, $700, and a leather Nicole handbag is $439. “The leading luxury players are up 40 percent in sales and doing about $2,300 per square foot,” said Webber Hudson, executive vice president of Related Urban, citing Boots, Thomas Pink, Stuart Weitzman and Tumi. Other stores do more than $1,600 a square foot. “The road map is in luxury,” Hudson said. “This tells me that I should be going to the next level. There is an opportunity to continue to deliver fashion moving into the luxury price point.
“I’m going to continue to build into women’s predominantly,” Hudson said. “We’re working on a jewelry deal as part of a larger discussion. There’s a possibility that we’ll come in with a few brands under one umbrella,” he said, suggesting an agreement with a multibrand luxury group such as PPR or LVMH Moët Hennessy Louis Vuitton.
London’s newly opened @designmuseum will look back on the life and work of Azzedine Alaïa in a show that the designer helped to curate before he died of heart failure last month. The retrospective, which Alaïa had worked on with Mark Wilson, chief curator of the @groningermuseum, will look at the impact of his work worldwide. The show, “Azzedine Alaïa: The Couturier,” will run from May 10 to October 7. Read more about the exhibit on WWD.com #wwdnews #wwdfashion (📷: @zefashioninsider)
@Pharrell and his wife Helen Lasichanh were among the stars that came out to celebrate @rimowa’s first pop-up concept shop. The space, which is located on Rodeo Drive in Beverly Hills, draws inspiration from airport luggage carousels and lounge areas – and features the company’s luggage and accessories. If the pop-up is successful it could pave the way for addition temporary shops throughout the world. #wwdfashion (📷: Owen Kolasinski/BFA)
@carineroitfeld celebrated @crfashionbook’s first calendar last night with a dinner party at Spring Place in Manhattan. Photographed by @stevenkleinstudio, the calendar takes on a fitness theme and features @joansmalls, @gigihadid, @danielle_herrington_ – pictured here – and more. “[Carine Roitfeld] wanted me to feel sexy and she wanted me to be myself and feel it out on my own and do what I felt was right,” said Herrington, aka Miss October. #wwdeye
@saintrecords and @virgilabloh last night at @americanexpress’ “A Night With Success Makers” event. “I always bring it back to community because without that I wouldn’t have the courage,” said Knowles when asked how she has gotten where she is now. Read more highlights from their conversation on WWD.com. #wwdeye (📷: @lizdoupnik)
This Just In: Industry sources have told WWD that Anastasia Soare is rumored to be considering selling her beauty business, @anastasiabeverlyhills. According to those sources, Soare has tapped investment bank Imperial Capital to explore sale options for her eponymous beauty brand –– and with at least $340 million in net sales, this would be a big deal. Put in context of other recent transactions for makeup companies, Soare’s price tag could be in the billions if she were to sell the whole thing. #wwdnews #wwdbeauty (📷: @clint_spaulding)
@assouline’s latest book, “The Spirit of Bentley: Be Extraordinary” captures the adventurous attitudes and opulent lifestyles of @bentleymotors’ most creative owners and enthusiasts throughout the U.K. The 292-page hardcover has a section dedicated to showing its team of skilled artisans and photos of its most colorful owners, from George Bamford to designer @alicetemperley, pictured here by Aline Coquelle. #wwdeye
@google released its report on the most popular search terms this year. For fashion brands, the list was led by @gucci, the luxury brand that stunned the market last October when it pledged to stop using fur. Runner ups were @supremenewyork and @fashionnova, along with more established brands like @louisvuitton, @chanelofficial and @ysl. #wwdfashion (📷: @aitorrosasphoto)
In yet another fashion show shuffle, @elleryland is moving its show in sync with the Paris couture calendar — though the brand is still keeping one foot on the city’s ready-to-wear schedule. Their runway show in January will coincide with the launch of a new strategy: designing two main collections each year instead of four, which will then be released in four drops. “As we all know, the system needs to change. We need to show sooner to give time back to artisans and designers to do what they do best — create,” said founder Kym Ellery. #wwdnews #wwdfashion (📷: @kukukuba)
@maxmara’s classic 101801 coat was the cornerstone of its pre-fall 2018 collection. The design team expanded the traditional double-breasted, kimono-sleeved style into a trapeze coat, lean belted styles and a peacoat and presented them in monochromatic looks – like the camel one pictured here. #wwdfashion #prefall18 (📷: George Chinsee)