NEW YORK — Derek Lam is moving full steam ahead with accessories and building his executive team.
Lam, who launched a capsule collection of handbags in-house for fall, has inked a licensing deal with Tod’s SpA for shoes, handbags and small leather goods, and with Modo for eyewear. Both licensed collections will launch for spring retailing.
Lam is no stranger to Tod’s. For the past year, the designer has worked with the Italian leather goods house to create a capsule collection of sportswear. The line launched in select Tod’s stores this spring, and the company has decided to extend the collaboration for six more seasons.
Lam will design the handbags, shoes and small leather goods, which will be developed by a dedicated team at Tod’s. The Italian firm, headquartered near Ancona, will produce and distribute the collection. The worldwide licensing arrangement is for two years, with the option of a three-year renewal.
Lam said it was still too early to disclose design details. “It’s important for me to always do something that continues the statement of the collection,” he said. “To me, accessories always have to be sensual. They need to allow women to be comfortable in her own gestures, which is my overall statement in design.”
Jan-Hendrik Schlottmann, chief executive of Derek Lam Co. LLC, said he encouraged the deal with Tod’s because the company is “truly global, and we always said we wanted to be a global brand.”
“Footwear is an easy decision to license, because it is such a technical area,” Schlottmann added. “Manufacturing handbags may be easier than shoes, but it was a great opportunity to be doing it with Tod’s. If you find a partner like Tod’s, you can’t go wrong.”
This isn’t the first such arrangement for Diego Della Valle, Tod’s chairman and ceo.
“In the past, the Della Valle family has had several licensing agreements with designers such as Azzedine Alaïa, Gianfranco Ferré, Romeo Gigli, Christian Lacroix and Calvin Klein, but in the last few years, Tod’s has concentrated all its efforts in successfully producing its own lines,” explained Claudio Castiglioni, chief commercial officer of Tod’s. “Considering the already existing collaboration between the companies in producing the Tod’s ready-to-wear collection, and the good relationship with the designer [Lam], we made an exception.”
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