In a story about how business in SoHo has been impacted since last September’s terrorist attacks on page 6, Wednesday, customers were characterized as being generally value-oriented. Comments from Caroline Banker, executive vice president of...
In a story about how business in SoHo has been impacted since last September’s terrorist attacks on page 6, Wednesday, customers were characterized as being generally value-oriented. Comments from Caroline Banker, executive vice president of Insignia Douglas Elliman, may have implied that Chanel’s business, in particular, was suffering as a result.
However, Chanel, which has a store at 139 Spring Street in that lower Manhattan neighborhood, reports sales at that unit continue to be in excess of $1,000 a square foot, with 40 percent coming from ready-to-wear, according to Barbara Cirkva, executive vice president at the luxury goods firm.
"From the beginning, the boutique has attracted a new audience for Chanel fashion and has built a strong local and tourist business," she said. "The traffic continues to increase, with the boutique receiving over 500 people a day on the weekends." Chanel’s lease there runs through 2010.
The settlement between Donna Karan International and its shareholders that was approved by a federal judge this week confirmed the amount already paid to public shareholders was $243 million, but required no additional payment to shareholders. This was unclear in a brief on page 2, Thursday. In addition, Donna Karan is currently looking for a design director for its women’s collection. The position was incorrect in a fashion scoop on page 14, Thursday.
A room full of toiles at the haute couture atelier in the Dior exhibition at Les Arts Décoratifs, open in Paris since July 5. This is just one of three major exhibitions that have been timed to coincide with the house's 70th anniversary. See the rest of the exhibits, plus read WWD's look into the iconic brand's history. Link in bio. #wwdfashion (📷: @dominiquemaitre)
For spring, Pamplemousse's Danica Zheng presented her signature slip dresses attached to a white T-shirt along with floral windbreakers, off-the-shoulder cotton blouses and more. For more highlights from the New York trade shows, go to WWD.com. #wwdfashion
The Green Carpet Fashion Awards closed out Milan Fashion Week yesterday. The fashion industry flocked to the event, showing its efforts to support and spread the message of sustainability. Supermodel Gisele Bündchen said "if each one of us took at least one step is this direction, there is no saying how much could be done." #wwdeye #wwdfashion #mfw (📷: Lodovico Colli di Felizzano)
Etro’s show, titled “The Tree of Life,” was a celebration of the house’s 50th anniversary. “My father founded the company in 1968, which was the year of counterculture and psychedelia. It’s really a show that celebrates that and the paisley design of India and its origin,” said Veronica Etro. #wwdfashion #mfw #ss18 (📷: @delphineachard)
For @msgm’s spring 2018 show, creative director @massimogiorgetti said “Words, sounds, colors. Synthesis and therapy of a collection,” were the inspirations behind the collection, showing today. Read the rest of Milan spring 2018 inspirations on WWD.com. #mfw #wwdfashion #ss18
For her first solo album in over 10 years, Fergie tapped Carine Roitfeld, Mert and Marcus, Giovanni Bianco and more to create a fashion-focused video approach for the record, Double Dutchess. "Giovanni really helped me get back in touch with my tomboy side, my hardside," said the singer. #wwdeye #wwdfashion ( : @slovekinpics)