ARMANI'S LONDON LANDMARK: Club 21, the Ong family fashion subsidiary, has confirmed it will open Europe's largest Giorgio Armani boutique in mid-September in London. The 12,500-square-foot store on Sloane...
ARMANI'S LONDON LANDMARK: Club 21, the Ong family fashion subsidiary, has confirmed it will open Europe's largest Giorgio Armani boutique in mid-September in London. The 12,500-square-foot store on Sloane Street will be more than three times larger than the designer's existing London shop and will carry Armani's entire women's and men's wear collections, a spokeswoman said. The store, which will be designed by Giancarlo Ortelli, will set the tone for all future Armani boutiques worldwide, with a loft-like feeling and clean, uncluttered environment. Materials will include walls of clear glass, and Portman stone and oak wood floors. Fixtures will be in grayed walnut and will re-create the forms of household furniture, with wardrobes, screens and chests of drawers.
BIDDING FIESTA: El Corte Ingles, Spain's largest department store chain, has jumped into the bidding for rival Galerias Preciados with a $249.79 million (30 billion peseta) offer and a plan to retain 5,200 of the retailer's 7,300 employees. El Corte Ingles made the offer to the Spanish government, which is Galerias's largest creditor, and is orchestrating the sale of the 30-store chain. The Spanish Trade Ministry now says it hopes to find a buyer by June 7; it rejected two bids in February as being insufficient. Both earlier bidders also recently increased their offers.
NOT FOR SALE...YET: Guy Laroche, whose losses narrowed last year to $8.6 million on sales of $69.6 million, will not be put on the block until the house has been turned around, said Bruno Bich, the chairman of Groupe Bic, Laroche's majority shareholder, at Bic's annual meeting in Paris this week. Laroche director Jean-Jacques Schmoll told WWD that the house will continue to have losses this year due to investment costs including a reorganization of the sales network as well as the design studio--to accommodate Michel Klein's new role of designing the Laroche diffusion ready-to-wear starting with spring-summer 1996. Klein already designs Laroche haute couture and a line of luxury rtw called Guy Laroche Couture. Schmoll expects Laroche to break even in 1996 and return to profitability in 1997.
OUTLET EN FRANCAIS: Fresh from opening its first European outlet mall in Cheshire Oaks, UK, in April, McArthur/Glen Europe said that it plans to open its first mall on the continent in Troyes, France, in early October. McArthur has invested $20 million in the shopping center, which will measure about 133,300 square feet and will be named Boutiques des Fabricants. The center will feature about 40 stores, mainly French and European brands, and will generate annual sales of $60 million based on the estimated traffic of one million shoppers, the company claims.
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)
@heriethpaul and @gracebol have a moment on the @victoriassecret fashion show 2017. See every look from the runway on WWD.com. Link in bio. (📷: @giovanni_giannoni_photo) #wwdfashion #victoriassecret #VSFashionShow
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia