Marc Jacobs, the man as well as the company, is living in a post-Louis Vuitton world. It’s a pre-IPO world, if all goes according to plan for Jacobs and his business partner, Robert Duffy.
The first means to that end is revamping Marc by Marc Jacobs, the revenue engine of the brand. According to Duffy, Marc by Marc Jacobs accounts for 70 percent of the entire business, which stood at $750 million in net sales last year and is on track to hit the billion-dollar mark “soon,” said Duffy.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)