DALLAS — Accessories, the fastest-growing business at Valentino, are spotlighted at the company's newest store at NorthPark Center here.
Handbags and sunglasses are prominently displayed at the front, followed by a middle space for shoes, evening bags and the cash wrap, with women's ready-to-wear at the rear.
"In many markets around the world we are dedicating a higher share of square footage to our accessories, without taking away space for ready-to-wear, which will always remain the core of our business because it is the essence of the brand," explained Graziano de Boni, president of global sales, marketing and retail for Valentino.
Accessories represent a quarter of brand revenue and have been growing more than 30 percent annually for the last three years, he said.
Overall, Valentino will post record worldwide wholesale and retail sales this year, de Boni said. He declined to disclose figures.
At 2,700 square feet, the Dallas unit reflects the company's expansion of average store size from about 2,300 square feet. It continues the ebony oak and white limestone decor originated several years ago by architect Antonio Citterio and updated this year in Rome for the company's 45th anniversary.
Valentino opened Nov. 23, situated between Bottega Veneta and Giorgio Armani and across from Cartier and David Yurman in an all-luxury corridor developed over the past two years. The brand has long been carried locally at Neiman Marcus, Stanley Korshak and Carla Martinengo.
"Dallas has always been on the map for us to open a store, and Texas in general has always been a great market for the Valentino brand," de Boni said. "Of all the centers in the Dallas area, it was a natural for us to open at NorthPark because of the work they have done and because of [the mall's] location."
Valentino's 68 stores account for half of the business worldwide, and Dallas is the eighth in the U.S. The company is scouting for sites in San Francisco and Chicago, and plans to open stores next year in Bahrain and Qatar with a probable unit in Moscow in 2009.
"We are not rushing to open stores," de Boni said. "We believe that retail is a major component of our business development, but not at the expense of the profitability of the business. We believe the stores should be making money. They are not just advertising."
There'll be no rest for those headed to Europe for men's, as Paris just closed the gap with Milan. According to a provisional calendar released by the Chambre Syndicale, Paris Men's Week will now open a day earlier on January 16. See new highlights on the official lineup on WWD.com. #wwdnews #wwdfashion (📷: @kukukuba)
BREAKING: Jonathan Saunders is leaving @DVF. The designer has resigned from his position as chief creative officer of Diane von Furstenberg, the company said in a statement on Friday. At the time of his hire, von Furstenberg said Saunders’ arrival symbolized and facilitated her stepping back from the day-to-day duties that occupy the work of a full-time creative director. The British designer joined DVF in May 2016 and was in charge of all product categories. #wwdnews
For @versace_official’s spring ad campaign, the brand emphasized the archival prints from the spring tribute collection dedicated to the late Gianni Versace. Closing out the show were five of Gianni’s favorite models: Cindy, Naomi, Carla, Helena, and Claudia. Bowing on December 18, the new campaign is yet another tribute to supermodel-dom as the images by Steven Meisel are fronted by @iamnaomicampbell, @cturlington, @gisele and more. #wwdfashion
Four-time Oscar-nominated actress Annette Bening has been waiting 20 years to play Gloria Graham in "Film Stars Don't Die in Liverpool," which will be released on December 29. The movie about Graham – a Hollywood star known for her controversial relationship with a younger Englishman named Peter Turner – is based off a memoir Turned wrote. "She felt vulnerable to him, because she loved him, she really did love him. And anyone that we really truly are in love with, we re vulnerable to in a very deep way," said Bening. Read our full interview with the modern icon of an actress on WWD.com. #wwdeye (📷: @ninebagatelles; Styled by @cristinaehrlich)
The crisp white button down: a staple that can be dressed up or down and accessorized throughout the decades. Here, on a Art Basel-goer in 2017 on the left and on the iconic Audrey Hepburn in “Roman Holiday” in 1953 on the right. #tbt #wwdfashion (📷: Andrew Morales)
Known for her work with @victoriassecret, 25-year-old model @georgiafowler is raising her profile in Hollywood. Fowler stars in @vincecamuto’s holiday campaign, which launched in partnership with “Pitch Perfect 3.” “Almost every shoot with Vince Camuto, I’ve had to face a fear…It was definitely a challenge. I’m so grateful for it, though. I’ve always wanted to be a pop star, so that was the perfect chance,” Fowler said. Head to WWD.com to read about Fowler’s experience modeling, including at the #VSFashionShow, and her relationship with Nick Jonas. #wwdeye (📷: @jilliansollazzo)
EXCLUSIVE: Huda Kattan just became the first beauty influencer to land a major beauty deal. Kattan's business, @hudabeauty, has received a minority investment from private equity firm TSG Consumer Partners. The brand, which industry sources say is on track to do $200 million in retail sales for 2017, will receive support on product, retail and geographic expansion through the deal. Get all the details on the deal and read @_a_collins' interview with Kattan on WWD.com. Link in bio. (📷: @jgreenery) #wwdbeauty #wwdnews
Peruvian model @juanaburga_official – who is known for walking the runways of @rodarte, @viviennewestwood and @torybuch – is making the move to the big screen with drama “Los Últimos.” The film premiered in Argentina in November and arrives in the U.S. and Europe in 2018. On making the switch from modeling to acting, Burga told WWD: “It’s a completely different thing – a lot of people think it’s similar or try to connect things, especially like getting used to the camera or being looked at all the time or playing these different characrers, but film is a completely different story.” #wwdeye (📷: @jgreenery)
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)