PARIS — Karl Lagerfeld is eyeing 2012 retail revenues of more than 80 million euros, or $108.2 million at current exchange, with his men’s collection — Lagerfeld.
Those projections were disclosed Monday as Karl Lagerfeld BV announced it has extended its partnership with F.D. Fashion Herrenmode GmbH.
Miltenberg, Germany-based F.D. Fashion, which has held the Lagerfeld license since 1990, noted that 2011 revenues increased 25 percent. It did not provide figures, but attributed the gains partly to a doubling of sales of footwear and leather goods.
F.D. said it is confident it can add additional retail doors as the Lagerfeld business ramps up its profile on several fronts.
The Paris-based designer, who is also the couturier at Chanel and designs furs and ready-to-wear at Fendi, plans to launch into the masstige category and burgeoning e-commerce universe with a new rock ’n’ roll-flavored Karl collection. It is set to launch on Net-a-porter via an exclusive global distribution partnership, with sales on karllagerfeld.com to come onstream Feb. 28, as reported.
Also in January, the designer plans to unveil to the trade a new women’s signature collection, Karl Lagerfeld Paris, to be produced and distributed under a licensing pact with Italy’s Ittierre SpA, with first deliveries for the fall 2012 season.
In an interview on Monday, Lagerfeld president Pier Paolo Righi noted Lagerfeld men’s wear is distributed to about 350 doors, with the business concentrated in France, Germany and Russia. Key accounts include Peek & Cloppenburg in Germany and Stockmann in Finland.
Righi said distribution of the men’s collection, which spans suits and sportswear, is likely to dovetail as the Lagerfeld business advances on other fronts.
The Lagerfeld label is positioned between the masstige and Paris lines, with suits retailing from about 500 euros to 600 euros, or about $675 to $810.
In his new book “Hollywood Royale,” Andy Warhol’s Protégé Matthew Rolston celebrates the Eighties revival of Hollywood glamour. Featuring more than 100 portraits taken by Rolston from 1977 to 1993, the book contains photos of icons like Michael Jackson, Cyndi Lauper, and @drewbarrymore, pictured here in 1991. “Hollywood Royale,” out today, will be accompanied by an exhibition opening at Los Angeles’ Fahey/Klein Gallery on March 1. #wwdeye
"Nowadays when life is not so happy with everything going on in the world, I think people come to me for a little bit of whimsy and color and fun." - Designer Rebecca De Ravenel on her cult-favorite jewelry line. (📸 : @vsteves) #wwd40
“Everyone is talking about how the retail industry is struggling, but I think it’s an incredible time because brands who are doing something different and innovative are setting themselves up for the future,” said @adamgoldston, who founded the luxury athletic brand @apl with his brother @ryangoldsten. The Goldston’s are part of WWD’s 40 under 40: a group of industry notables. See the rest of the list on WWD.com. (📷: @vsteves) #wwd40
@eyeswoon blogger Athena Calderone debuted her first-ever cookbook, “Cook Beautiful,” which is heavily centered on the presentation and visual expression of food. Pictured here are her miso glazed carrots from the book. Get the recipe on WWD.com. (📷: @johnny_miller_) #wwdeye
“It’s passion that helps get anybody to a certain point and it’s what’s propelled me,” said Kith founder @ronniefieg, one of WWD’s 40 under 40: a group of industry notables who are changing the face of retail, fashion and beauty. Fieg, who opened a Manhattan flagship on October 7, began his career at age 13 as a stock boy and salesman for footwear chain David Z. “I think staying true to [my] beliefs, hard work and passion have gotten me to where [Kith] is today.” See the rest of the 40 at WWD.com. (📷: @vsteves) #wwd40
25-year-old @samweaving is about to break out this fall, starring in Netflix’s horror film “The Babysitter,” fittingly out today on Friday the 13th. That’s not the only place you’ll be seeing her, though — Weaving’s got a role Showtime’s “SMILF” and another alongside Frances McDormand and Woody Harrelson in “Three Billboards Outside Ebbing, Missouri.” Though she’s got a full plate at the moment, there’s one role she’s got her eye on: Marilyn Monroe. “I’m a little too young at the moment, but it’s on my bucket list,” the actress told WWD (📷: @dandoperalski) #wwdeye
BFF's Poppy Jamie and Suki Waterhouse celebrated the launch of their bag line Pop x Suki at Nordstrom last night. "The line is really about our friendship, and how we are so different but complement each other," said Waterhouse. 👯 (📷: Katie Jones) #wwdeye
After designing the new @louisvuitton and @bulgariofficial flagships and a @chanelofficial boutique opening in Japan, @petermarinoarchitect has another project on his plate: The Lobster Club. Located in the Seagram Building, it’s the famed architect’s first restaurant project in New York, serving up modern Japanese brasserie-style cuisine. Bronze hues, bespoke material detailing, blush and chartreuse tones and a heavy emphasis on Picasso can be seen throughout. Mark your calendars for Nov. 1 for the much-anticipated opening. (📷: @clint_spaulding) #wwdeye
Did you know: @carlychaikin of "Mr. Robot" has been painting for about a decade? The actress, who plays Darlene on the show, is a self-taught artist who lists Salvador Dalí and Chuck Close as some of her idols. Chaikin told WWD that painting is a form of meditation for her — A much-needed one given the intensity of "Mr. Robot." See a piece Chaikin is working on at WWD.com (📷: @jilliansollazzo) #wwdeye