Europe Watch: Inditex Promotion … Timely Manners … Nature Calls
INDITEX PROMOTION: Inditex said Friday the company would reorganize its top management, with Jose Maria Castellano, its chief executive, becoming vice chairman. A spokesman called the shakeup “preparation for expansion plans. The...
INDITEX PROMOTION: Inditex said Friday the company would reorganize its top management, with Jose Maria Castellano, its chief executive, becoming vice chairman. A spokesman called the shakeup “preparation for expansion plans. The company will create a number of new management divisions. We want to double the size of the company over the next five years.” Amancio Ortega, the company’s founder, will remain chairman, the spokesman added.
Meanwhile, Inditex unit Massimo Dutti is on the march in key European markets, with openings planned in the first half in Lille, Strasbourg and Lyon, France; Bologna, Italy; London, and Dublin. The Inditex-owned chain of classic and casual apparel operates upward of 310 stores in 25 countries. Most are company-owned with franchising agreements only in Portugal, the Benelux countries, Mexico and the Middle East. Dutti also recently opened a third Paris location, its most impressive, which wraps around the Polo Ralph Lauren flagship on Place de la Madeleine. But despite all the European action, there are as yet no concrete plans to export the concept to the U.S. Covadonga Alonso, head of Inditex’s press office at the Barcelona headquarters, said its short-term overseas strategy for Dutti is in keeping with “a strong and continuous expansion program similar to the rest of Inditex’s divisions. We don’t necessarily follow the same game plan sketched out for Zara.”
Zara represents about 70 percent of Inditex’s global turnover, while Massimo Dutti adds about 9 percent. — Barbara Barker
TIMELY MANNERS: A watch that runs fast is not normally a good thing, but after a difficult 2003, Swiss watch exports posted a record, with 2004 sales up 9.2 percent to 11.1 billion Swiss francs, or $13.36 billion at current exchange. Exports of finished watches made the strongest gains, their value up 9.9 percent to 10.2 billion Swiss francs, or $12.27 billion, according to the Federation of the Swiss Watch Industry. The biggest market for Swiss watches was the U.S., up 12.9 percent to 1.87 billion Swiss francs, or $2.25 billion, followed by Hong Kong, up 15.6 percent to 1.64 billion Swiss francs, or $1.97 billion. The fastest-growing market was China, which bounded 41.7 percent to 279.5 million Swiss francs, or $336.4 million. In Europe, exports increased 2.7 percent on average, with Italy leading the market. Looking ahead, the federation expects exports to continue to increase in 2005. — Emilie MarshNATURE CALLS: What does nature have to do with luxury? Visitors to the 2005 World Exposition in Aichi, Japan, this spring will find out. Louis Vuitton is planning a 540-square-foot installation with a facade of 4,000 tiles made of sea salt. Vuitton says the idea is to draw people’s attention to the numerous uses for the planet’s natural resources. The exhibit, which bows March 25 and runs through Sept. 25, also features a video portraying Louis Vuitton’s efforts to reduce carbon monoxide pollution and other nature-friendly efforts. — E.M.
“What he has done at Vuitton is really exceptional,” said @gameofthrones’ actress Gwendoline Christie on @mrkimjones’ final show for @louisvuitton. “He has rebooted luxury in terms of making it commercial, viable and contemporary. And most importantly artistic. He has never compromised his artistic vision for the sake of commodity.” (📷: @zefashioninsider)
After seeing a demand for men’s wear from its customers, British contemporary women’s wear label @ariesarise has added a men’s wear component and will launch a unisex collection with @mrporterlive. The 20-piece collection includes jackets, denim, logo T-shirts and more with deconstructed ‘90s vibes. Set to launch on January 18, you can shop the pieces on Aries’ website and on mrporter.com. #wwdfashion
“And so spending so much time with a character who thinks like that, inevitability you try and analyze yourself and go back and think about your own demons and dark chapters that you had in your life,” says @thedanielbruhl of his role in TNT’s “The Alienist.” The show, set in the Gilded Age of New York, also stars Dakota Fanning and Luke Evans. Head to WWD.com to read about how 39-year-old Brühl prepared for the role and why he thinks the show is so relevant to today #wwdeye ( 📷: @Eriktanner)
Now that Celine Dion’s collection has topped $10 million in sales, the pop superstar, fashion icon and newly-minted industry player is eyeing growth in Asia. Read the full report by @tiffanyap, link in bio. #wwdnews #celinedion
“My personal philosophy to beauty is paying attention to oneself. I love to be outdoors, lots of fresh air, trying to take care of yourself as best you can. I always notice that comes through,” says Felicity Jones, the global face of @shiseido-owned @cledepeaubeauteus, which launches today. Head to WWD.com to read more about the actress’ love for beauty and how she prepared for her new role in “The Basis of Sex,” playing the young Ruth Bader Ginsburg. #wwdbeauty (📷: @dandoperalski)
Among the familiar faces at @off____white’s show was a surprise figure: Japanese artist @takashipom, pictured here on Wednesday morning. Other show-goers included @jerrylorenzo, who spoke about his upcoming project: a @nike collaboration for back to school, with designs inspired by his childhood on the West Coast. Sitting in the front row were Future, Don Crawley, @miguel and more. See the rest of the photos on WWD.com #wwdeye (📷: Stephane Feugere)
According to @laurentsai, former “Terrace House: Aloha State” cast member, she didn’t know she was auditioning for the Japanese version of “Real World.” “I was telling a couple of my friends and someone’s like, ‘That sounds a lot like Terrace House.’ I was like, ’No it can’t be.’” Turns out, it was. But Tsai isn’t just a reality star — she’s an illustrator who has worked with Starbucks Japan and most recently, she’s dipping her toes into the fashion world. Head to WWD.com to read about her time on the show, modeling and her art. #wwdeye (📷: @danieldorsa)
More changes are coming to New York Fashion Week: Beginning with the spring 2019 collection, @alexanderwangny will move his New York show to June from September, adopting a biannual schedule with collections shown in June and December. Additionally, the @cfda is planning for an official summer/winter fashion season taking place as soon as June and December 2018. Read more about the upcoming changes on WWD.com. #wwdnews #wwdfashion (📷: @slovekinpics)