A cocktail party celebrating the newest license at the Natori Co. with Loftex USA pulled in retail heavyweights at the Loftex showrooms this month. Among the guests: Michael Gould, president and chief executive officer of Bloomingdale’s, Terry Lundgren, chairman, president and ceo of Macy’s Inc., and Jeff Kantor, president of Macy’s Home Store.
Loftex, which manufactures upscale bath and beach towels, will launch the licensed towels bearing the signature prints of the Natori company this fall. Shipments of the bath collection are planned for August, and the beach collection is slated to be in-store for spring 2010, said Josie Natori, president and ceo of Natori Co. The Bath Collection features 16 solid colors, as well as colorful and tonal geometric prints such as the Natori Crest and Natori Dragon and coordinates including an embroidered wedding towel set.
Distribution is aimed at major department stores, including Bloomingdale’s, Macy’s and Dillard’s, as well as specialty stores. The bath towels will retail for $30 each and the beach towels will sell at $50. A wholesale sales projection for the first full year was not available, but the line could generate sales in excess of $5 million, according to industry estimates.
Natori said her goal was for consumers to have a luxurious spa experience at home.
“One’s bath should be a refuge that indulges the senses, restoring, relaxing and rejuvenating the soul,” she said.
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