TESTONI HITS FIFTH: Italian leather goods firm A. Testoni officially marked the opening of its New York flagship store at 665 Fifth Ave., near 53rd St., with a reception Oct. 13. Since its soft opening July...
TESTONI HITS FIFTH: Italian leather goods firm A. Testoni officially marked the opening of its New York flagship store at 665 Fifth Ave., near 53rd St., with a reception Oct. 13. Since its soft opening July 29, however, the store has become a seasoned performer. It has already had sell-outs in several categories, including women's calfskin handbags retailing from $800 to $1,200 and Testoni's signature tricolor Caribou collection of handbags, with retail prices that are roughly 10 percent higher than that, according to Luciano Moresco, president and chief executive officer of the firm's U.S. division. "We had to pull merchandise from our other U.S. stores to replenish our stock," Moresco said. Testoni's other U.S. locations include Beverly Hills and Honolulu. Overall, he said, sales have been better than expected, and August was a particularly strong month, although he declined to provide figures. The 1,200-square-foot shop offers men's and women's shoes, leather goods, scarves, ties and some knitwear.
GLOVE CONNECTION: UIDC, Westminster, Md., a 34-year-old private label glove maker, is going into the branded market with a new division, Westminster Ltd. Westminster will open its New York showroom at 417 Fifth Avenue in time for the upcoming accessories market week, Oct. 30-Nov. 4. Westminster will be geared largely to department stores, and will offer styles in a variety of materials, including fabric, vinyls and leather and suede. Wholesale prices will range from $4 to $20, and first-year wholesale volume is projected at $3 million. All products will be made in China. "We're looking to establish ourselves by doing a lot of custom work," said John Skuro, vice president of corporate affairs for Westminster. Skuro, along with Mike Klein, president, and Kip Pencheff, vice president of product development, had all been with the glove company Grandoe Corp. prior to joining Westminster. At Grandoe, Klein was a vice president and Skuro and Pencheff were account executives.
DIAMOND BIZ SPARKLES: For the diamond jewelry industry, 1993 ended up being a record year in the U.S., according to the findings of a recently released study. According to a National Family Opinion independent survey of U.S. consumers, which is commissioned annually by New York ad agency N.W. Ayer for its client De Beers, sales surged 7 percent from the year before to reach the $12 billion mark. This is the third consecutive year of growth for the industry, and according to the survey, the gains have been the result of people buying more expensive pieces every year. The average purchase price rose 9 percent overall last year alone, although the survey didn't specify what this price was. Also contributing to the accelerated growth was the increase in gift purchases, particularly husband-to-wife and anniversary gifts, which rose 6 percent and 12 percent, respectively.RYKIEL'S ACCESSORIES HIT U.S.: French ready-to-wear designer Sonia Rykiel is gearing her new line of handbags, small leather goods, scarves and belts specifically to the U.S. market. Rykiel's firm, based in Paris, recently entered into a distribution agreement with Odyssey International, a New York firm that imports and distributes European accessories, to sell the line. According to Susan Banner, vice president of sales and marketing for Rykiel's U.S. division, Odyssey International will begin showing it this week in its showroom in the Empire State Building. The line wholesales from $20 to $200, and will be targeted to main-floor accessories departments of upscale department and specialty stores. A first-year wholesale volume projection has not been determined yet. All of the merchandise, which will include pieces for men as well as for women, is being produced in Europe.
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty