MOONSTRUCK: Consolidation continues in the French perfumery business. The French duty-free and cosmetics retailer Saresco has acquired the 10-store Paris perfumery chain Silver Moon from Hervé and Marie-France Kergrohenn. The price was not disclosed. The perfumeries will retain the Silver Moon name. With a total of 26 doors in Paris, Saresco has become the third largest perfumery chain in France behind Sephora, with 50 stores, and Groupe Marcel Frydman, with 40. Sales for Silver Moon combined with Saresco's 16 Liz perfumeries should surpass $43.4 million (230 million francs) in 1994, according to Saresco. Its duty-free business last year posted a volume of $226.4 million (1.2 billion francs).
PINNED: Avon chief James E. Preston was awarded the Croix de Chevalier des Arts et des Lettres recently in Paris by Culture Minister Jacques Toubon, who cited, among other things, Avon's role in sponsoring a radio series on post-Romantic French music. Pamela Harriman, U.S. ambassador to France, attended the ceremony last week in the Palais Royal. It was followed by a lunch just across the courtyard at Le Grand Vefour.
MAIL-DISORDER: Speculation that L'Oreal is planning to ditch its traditional mass market retail distribution in Germany in favor of a mail-order setup are "absolutely false," said Thierry Paternot, general manager for L'Oreal's mass market division there. However, L'Oreal is expanding its catalog business in Germany via Beaute-Créateurs, its joint venture with French mail-order house 3 Suisses. The catalog, which is distributed in France and Belgium, sells fragrances by Agnès B. and Michel Klein, hair care products by Jean Marc Maniatis and the Cosmence treatment line by Professor Cotte. It does not feature any L'Oreal products. Currently, Beaute-Créateurs is testing the German market with 20,000 catalogs, said Jean-Noel Rivoire, the company's managing director. He said distribution would be stepped up in February to eventually reach one million issues.
FILLING LAUDER'S TUB: Estee Lauder USA opened its first Texas spa last week in Dallas with a sprawling 4,000-square-foot Ponderosa housed in the NorthPark unit of Neiman Marcus. John Stabenau, vice president and divisional merchandise manager of cosmetics at Neiman's, said over 500 customers had made appointments before the spa even opened and another 500 bookings were made the first day. Robin Burns, president and chief executive officer of the Lauder division, projected $1 million in first-year sales. "Dallas women and Neiman-Marcus customers will make this spa a hit," said Burns. "They're into fitness and taking care of themselves." The new Dallas unit is Lauder's first in Texas and seventh in the country. The company has four at Bloomingdale's and one each at Dayton's and I. Magnin. Neiman's is expected to be the top volume generator, followed by the 1,600-square-foot spa at Bloomingdale's New York flagship, where sources project a volume of some $800,000 this year. That spa opened in 1988.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)