In Brief: Cheers for Bravo … Ferragamo to Atlanta … Columbia Deal Done …
CHEERS FOR BRAVO: Rose Marie Bravo, chairman and chief executive officer of Burberry, has been elected to the board of Estée Lauder Cos. Leonard A. Lauder, Lauder chairman, said in a statement: "We’re very pleased. Her extensive...
CHEERS FOR BRAVO: Rose Marie Bravo, chairman and chief executive officer of Burberry, has been elected to the board of Estée Lauder Cos. Leonard A. Lauder, Lauder chairman, said in a statement: "We’re very pleased.Her extensive experience and extraordinary accomplishments as a retail leader and a brand builder will be an asset to the company and its stockholders."Her addition brings the number of board members to 10. Bravo, 52, joined Burberry in 1997 and is a member of the board of Burberry Limited. Prior to joining Burberry,Bravo was president of Saks Fifth Avenue from 1992 to 1997. From 1974 to 1992, she held positions of increasing responsibility at R.H. Macy and Co., culminating in her 1987 to 1992 tenure as chairman and ceo of the San Francisco-based specialty store, I. Magnin.
FERRAGAMO TO ATLANTA: Salvatore Ferragamo will open a boutique in Lenox Square mall in Atlanta next Tuesday. It’s the Italian luxury firm’s first store in the market, though the company does sell to such retailers as Neiman Marcus and Saks Fifth Avenue in the area. Designed by New York architects Janson Goldstein, the 2,000-square-foot space incorporates the new worldwide Ferragamo store concept, currently seen at Ferragamo stores in SoHo and in the Americana Manhasset shopping center. This summer, the company plans to open an American flagship on Fifth Avenue and 52nd Street. The Atlanta shop will feature natural walnut and stone contrasting with high tech Corian and metal, and suspended forms and fixtures. Ferragamo has 102 freestanding stores worldwide
COLUMBIA DEAL DONE: Outdoor apparel and footwear provider Columbia Sportswear Co. completed its acquisition of Mountain Hardwear Inc. for $30 million in cash and assumption of $6 million in debt. Mountain Hardwear will maintain its name and brand and operate as a stand-alone subsidiary of Columbia. Mountain Hardwear will continue to develop its presence in high-end specialty stores and will expand distribution internationally as well. The firm hopes the strategy will build sales to over $100 million in the next five years, according to ceo Tim Boyle. Based in Richmond, Calif., 10-year-old Mountain Hardwear designs and develops technology-driven equipment and apparel geared to the outdoor market. Last year, it recorded unaudited revenue of $31.4 million. On Jan. 30, Portland, Ore.-based Columbia reported 2002 revenue of $816 million.
@pantone announced their Color of the Year 2018: Ultra Violet. Nearly 20 months after the musician Prince’s death, fashion is having a purple moment. Varying shades of purple appeared on spring or fall runways, from @christopherkane to @calvinklein. @gucci’s Alessandro Michele bathed his fall runway in ultra violet-colored light at one point. Pantone 18-3838 is meant to “push the boundaries of what inspires us to look upward and outward to the future.” #wwdnews #wwdfashion (📷: @kukukuba)
@badgalriri’s @fentybeauty launch in September was a massive success on social media, powering $72.9 million of earned media value, according to Tribe Dynamics. The brand’s foundation offering sparked conversations about diversity in beauty, launching the growth of emerging influencers and propelling the brand’s support on social media. Today, #fentybeauty won Launch of the Year at the WWD #BeautyIncAwards. (📷: Chema Moya/EPE-EFE)
@marianna_hewitt has become one of the most influential content creators in the beauty space, with almost 800,000 Instagram followers and a newly launched skin care line called @SummerFridays. Today, she was awarded Influencer of the Year at the WWD #BeautyIncAwards. (📸: @sophiachabbott )
As shopping behaviors evolve, the retail experience must follow. Head over to retail experts @colliersinternational’s Knowledge Leader series to read more about the shift in our shopping era. #colliersretail #lovecolliers
@prada opened a pop-up club, called Prada Double Club, in collaboration with German artist Cartsen Höller at @artbasel Miami. Last night, guests – including @youngparis, @ritaora and even Miuccia Prada herself – gathered in a former ice factory where the pop-up is housed for a performance from @wyclefjean. Go to WWD.com for full coverage on all the exhibits, parties and more at #ArtBaselMiami. #wwdeye (📷: @lexieblacklock)
@louboutinworld and @disney are making magic once again, creating a set of shoe designs for the release of “Star Wars: The Last Jedi.” Louboutin designed a pair of shoes for each of the film’s four female leads: Rey (@daisyridrey), Vice Admiral Amilyn Holdo (@lauradern), Captain Phasma (Gwendoline Christie) and Rose Tico (@kellymarietran). The shoes will debut on Saturday at the L.A. premiere of the latest episode. #wwdfashion
Today at the #BeautyIncAwards 2017, WWD will be joined by beauty leaders from around the world as we honor this year's most innovative people, products, brands and places. Follow along here and on Twitter for live coverage from the exclusive event. #wwdsummits (📷: @elizaflorendo)
Exclusive: Beauty superinfluencer @marianna_hewitt is launching her first-ever skin care brand with her business partner @laurengores. Their new line Summer Fridays, which will be sold exclusively at summerfridays.com starting in January, is launching with just one product – a hydrating cream Jet Lag Mask. “We wanted to focus on one product that was amazing,” said Hewitt. Read the full interview on WWD.com. Link in bio. #wwdbeauty #wwdnews
Michelin star-rated chef PJ Calapa marks his first solo endeavor with today’s opening of @scampinyc –– the new Southern Italian restaurant located in Manhattans’ Flatiron District. The upscale yet welcoming environment matches the menu, which includes two types of scampi: traditional Italian langoustines in butter and the Americanized version with shrimp over pasta 🍤 - pictured here. #wwdeye (📷: George Chinsee)