Asia Watch: Super Pilot … Expanding Coach … Magli’s New Look …
SUPER PILOT: Seiyu Ltd., which has Wal-Mart as its largest shareholder, has opened the first supercenter store in Japan, in Namazu, southwest of Yokohama. The one-story supermarket, modeled after the ones operated by Wal-Mart in the U.S.,...
SUPER PILOT: Seiyu Ltd., which has Wal-Mart as its largest shareholder, has opened the first supercenter store in Japan, in Namazu, southwest of Yokohama. The one-story supermarket, modeled after the ones operated by Wal-Mart in the U.S., displays all its merchandise, from food and clothing to home products, on a single floor with about 87,000 square feet of space.
The Namazu store is positioned as a pilot, a Seiyu spokeswoman said, explaining that the company plans to add more supercenter-type supermarkets beginning in 2007. She declined to reveal how many are planned.
Large shopping carts are available, and customers may wheel loaded carts all the way to the parking lot. Cashiers are concentrated at one site to cut costs.
Under its new five-year business plan, which began this year, Seiyu is embarking on an aggressive expansion by taking advantage of Wal-Mart’s global procurement capabilities and store management technology. Earlier this month, Seiyu opened a large-scale supermarket with three floors covering 97,000 square feet in Oji, Nara Prefecture, in western Japan, which sells a wide range of merchandise, including private brand products and imported goods.
A third format, or what Seiyu calls a supermarket complex with a floor space of 217,000 square feet, is opening today in Fusso outside Tokyo, which will sell, among other things, food, clothing, hobby items and sundry goods. —Tsukasa Furukawa
EXPANDING COACH: Coach opened a 5,500-square-foot flagship in Marunouchi, Tokyo, last week that is expected to generate sales of $5.6 million to $7.4 million, or 600 million yen to 800 million yen. The new store is the brand’s 100th unit in Japan since it bowed in the country 16 years ago. The two-story store carries Coach handbags and men’s and women’s shoes, clothes and watches. Marunouchi is known as one of the busiest business districts in Tokyo, but recently has earned a reputation as a fashionable town where boutiques such as Brooks Brothers and Kate Spade have opened. Coach also has flagships in Ginza and Shibuya in Tokyo. In fiscal 2005, the brand plans to open three more flagships in Japan and expand sales floors within department stores. For the fiscal year ended June 2003, Coach Japan generated sales of $197.2 million, or 21.3 billion yen, up 64 percent from the previous year. Dollar figures are converted at current exchange. — Koji HiranoMAGLI’S NEW LOOK: In what is being publicized as a campaign to rejuvenate the Italian brand, Bruno Magli Japan, a venture between Bruno Magli SpA and Japanese interests led by Itochu Corp., has opened a three-floor, 2,400-square-foot flagship on Omotesando Boulevard in Tokyo, with the goal of opening 50 stores, including 30 directly operated ones, by 2007. The Japanese company has a sales target of $66 million, or 7 billion yen, at retail.
Fifty-one percent of the joint venture company, capitalized at $3.8 million, or 400 million yen at current exchange, is owned by the Bologna-based firm, 34 percent by Itochu and 15 percent by Kanematsu Corp.
Itochu said rejuvenating the brand involves fusing its traditional dignity with contemporary elegance to attract a younger clientele. Also, the firm will add bags, leather accessories, leatherwear, silk ties and other merchandise to its main line of women’s and men’s shoes. — T.F.
PULLING OUT: Lancel will end its retail and wholesale business in Japan on July 31, according to Richemont Japan. The withdrawal is part of Richemont’s strategy to strengthen Lancel in such core markets as France, where the flagship at the Opera de Paris Garnier will be remodeled and a new shop on Champs-Elysées will open this year. A decision has not been made about the brand’s licenses, such as shoes in Japan. — K.H.
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews