Amazon said today that it will open a second corporate headquarters in North America equal in size and stature to the existing one in Seattle.Amazon HQ2, as the facility will be called, "will be a complete headquarters for Amazon — not a satellite office," the company said. Amazon will hire new teams and executives for HQ2 and will also let existing senior leaders throughout the company relocate with their teams in HQ1 to HQ2, or both."We expect HQ2 to be a full equal to our Seattle headquarters," said Jeff Bezos, Amazon founder and chief executive officer. "Amazon HQ2 will be a complete headquarters for Amazon, not a satellite office."If that's true, HQ2 could double the company's size and speed its march to reach $1 trillion in sales, which analysts believe will occur within a decade.Wal-Mart, now the largest retailer in the world, would be knocked off its pedestal, which is why Wal-Mart Stores Inc. ceo Doug McMillon is in such a rush to grow online and digital.It's not just Wal-Mart that will be impacted. Amazon has already been blamed for the current retail malaise, which has seen thousands of stores close, shopping centers become less relevant, especially to Millennials and Generation Z consumers, and downtown shopping corridors such as New York's Madison Avenue and SoHo become riddled with vacant storefronts.Amazon recently acquired for $13.7 billion Whole Foods' 460 stores, which is its first brick-and-mortar retail chain. Meanwhile, Wal-Mart, which has been touting its store network with more than 4,100 units and its ability to leverage them for services such as ordering online and picking up in stores, has been making strides online."Amazon HQ2 will bring billions of dollars in up-front and ongoing investments, and tens of thousands of high-paying jobs," Bezos said, adding that the company estimates its investments in Seattle from 2010, when it moved downtown, through 2016, resulted in an additional $38 billion to the city's economy. "Every dollar invested by Amazon in Seattle generated an additional 1.4 dollars for the city's economy overall. We're excited to find a second home."If the Seattle facility is the guide Bezos says it will be, HQ2 will have more than 50,000 employees and a $25.7 billion payroll. The existing corporate campus consists of 33 buildings totaling 8.1 million square feet. Amazon's capital investment for buildings and infrastructure was $3.7 billion. Bezos said the Seattle economy has benefited from 233,000 annual nights of hotel stays by visitors to Amazon and staffers.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)