PARIS — Parfumeries Marionnaud — France’s largest perfumery chain with over 1,200 doors — is not actively for sale.
But that doesn’t mean a tender offer can’t be launched for it, the firm’s president, Marcel Frydman, told WWD Wednesday.
Frydman spoke amid growing rumors that the debt-heavy firm will change hands soon.
The firm’s sales last year were $1.31 billion, or 1.16 billion euros converted at current exchange.
Currently 77 percent of its shares are quoted on the French stock exchange, with the Frydman family holding the remaining stake plus 40 percent of Marionnaud’s voting rights.
“There are people who come to see us,” continued Frydman enigmatically.
— Jennifer Weil
Chantecaille in France
NEW YORK — Chantecaille Cosmetics openedits first counter at Printemps on Boulevard Haussmann in Paris Wednesday, the brand’s first such space in France. The circular white marble installation, which is manned by a Chantecaille associate, features the brand’s entire assortment of 250 skin care, color cosmetics and fragrance items. The 30-square-foot space is expected to generate 500,000 euros, or $590,600 at current exchange, during its first year. Of that figure, cosmetics is expected to generate 45 percent, skin care could account for 35 percent and fragrance is seen garnering 20 percent. “We wanted to bring the level of service that exists in the American specialty store to the classic French department store,” said founder Sylvie Chantecaille.
— Matthew W. Evans
Top L’Oréal Exhibit
PARIS — L’Oréal is sponsoring an exhibition of headdresses, called Parures de Tete, in Paris’ Dapper Museum. It runs through July 11, 2004.
About 100 African statues and masks were culled from Dapper’s permanent collection, other museums and private collections.
The firm’s involvement in the show reflects L’Oréal’s participation in the ethnic hair care category. Following its acquisition of Soft Sheen in 1998 and Carson in 2000, it became the leading maker of ethnic hair products. In June, L’Oréal opened its Institute for Ethnic Hair and Skin Research in Chicago.— Brid Costello
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