Neapolitan luxury brand Kiton will open its second U.S. door this December in CityCenter, the hotel-casino-retail complex in Las Vegas whose construction and financing delays have become a parable of recession-era retail development.
After a six-month delay, the brand’s U.S. president said the two-story, 2,500-square-foot unit, which will carry its men’s and women’s ready-to-wear, as well as custom suitings, is back on schedule.
“After New York, Las Vegas is still the best luxury market in the U.S.,” said Antonio Paone. “We think this market has long-term strength.”
The brand already operates a flagship off Fifth Avenue in Manhattan. Earlier this spring, it unveiled a corner shop in the nearby Saks Fifth Avenue.
Designed by the brand’s go-to architect Hadi Teherani, the Las Vegas store will join other luxury labels inside the center’s Mandarin Hotel.
Despite softness in luxury spending and particularly in tailored clothing, Paone was bullish on the company’s plans for Sin City.
“In this moment, it’s time for us to invest in our U.S. business,” he said. “We expect the Kiton customer to return full force by fall 2009.”
In addition to readying its new U.S. location, the Italian company is fine-tuning its product. Come spring 2010, Kiton will carry a range of apparel aimed at a younger market.
Characterized by slim-fitting silhouettes and washed, vintage-feeling sportswear, the range, which will not be sold under a different label, includes two new suit models, slim- and boot-cut denim, coats, a leather jacket, polo shirts and sport shirts.
Prices will be in line with the rest of Kiton’s collection.
“There’s a younger customer out there that wants Kiton and demands a different fit and attitude,” Paone added.
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews
@prada is introducing a new project at its men’s fall 2018 show this Sunday: “Prada Invites.” The fashion house invited four celebrated creative minds – @ronanaerwanbouroullec, Konstantin Grcic, @herzogdemeuron and @rem.koolhaas – to each create a unique item with its iconic nylon material. The designs will be unveiled on the runway show, which will take place at the company’s warehouse in Viale Ortles 25. #wwdfashion #mfwm (📷: @martinocarrera)
@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