Potential London locations for Christopher Kane’s first freestanding store are being scouted. And in the next two weeks — if not sooner — the company will be ready to reveal who will take over the top job at Puma. An athletic industry insider is said to be at the top of the list.
These initiatives were revealed Tuesday at a lunch at La Grenouille here to discuss the name change of PPR to Kering, which officially takes effect on June 18.
The company’s 50th anniversary seemed like a fine time for re-branding, according to Laurent Claquin, head of Kering Americas, who detailed the changes underfoot. No longer a French-centric financial holding company, Kering has zeroed in on apparel and accessories, with 13 of 18 brands being luxury ones. Now, 95 percent of Kering’s revenues come from outside France, compared with 60 percent a few years ago, he said. (English became the company’s preferred language two or three years ago for its 33,000 staffers). RELATED STORY: PPR Changes Name to Kering >>
The conglomerate’s new international and integrative setup gives it more muscle when negotiating retail space with commercial landlords, among other things. Emphasizing how Kering is looking after its brands, Claquin noted how the Alexander McQueen business has increased 12-fold since it was acquired in 2001, while Stella McCartney’s business has grown 11-fold in that same time frame.
Claquin also previewed the first of five videos that blogger Garance Doré has created for a host of online platforms and social media. Called “Family,” her first effort features interviews with chief executive officer François-Henri Pinault (or “F.H.P.” as Volcom’s senior vice president of marketing, Ryan Immegart, refers to him later in the clip). In another brief chat, Gucci chief executive officer Patrizio di Marco tells Doré, “Family is a wonderful word because only working together can we realize our goals.”
There was also much discussion about the “Empowering Imagination” tag line, the new owl logo and the root of the Kering name — “ker” has its roots in the Brittany region of France, where Pinault’s family is from, which connotes a house or home. Aside from being associated with wisdom and movement, owls have great vision, since they have the ability to turn their heads 270 degrees without breaking their necks, Claquin said.
Pinault shied away from the idea of using his family name for the company. “You never know what might happen with a company that would affect a family or vice versa,” Claquin said.
In any event, the Kering work family seems to have taken to their new name, with “That’s a very Kering thing to do” being the new inner-office slang.
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion
“I’m Russian and I love to use all these little tricks that I got from my grandma or my mom. We didn’t have a lot of money for creams or anything like that so we would use a garden as a beauty treatment regime. We’d put cucumber in the fridge and do a cucumber mask,” says model @irinashayk on one of her beauty hacks. WWD asked celebs what their go-to self-care rituals are. See what Naomie Harris, Freida Pinto and more said on WWD.com. #wwdeye #wwdbeauty (📷: @zefashioninsider)
Exclusive: @viktorandrolf are teaming up with @Zalando on a collection made from leftover clothing. The lineup, which lands at the retailer February 1, includes 17 pieces adorned with sliced up and repurposed overstock from the retailer’s private label collection. Pictured here is a look from the collection –– see more on WWD.com. #wwdfashion #wwdnews
@duewestnyc is the newest bar joining the collection of intimate neighborhood-focused spaces in the West Village. The cocktail menu, which includes bitters and syrups made in-house, offers a “Build Your Own Old-Fashioned” – like the one pictured here – where guests can choose from a list of spirits and unexpected sugars and bitters. #wwdeye
Spotted at last night’s National Board of Review gala in NYC: Angelina Jolie. Jolie – along with Meryl Streep, @lupitanyongo and more – continued the all-black dress code from Sunday’s Golden Globes. #wwdeye (📷: @lexieblacklock)