CHINA BOUND: Moschino SpA has inked a 10-year franchising and distribution deal with Hembly International Holding Ltd. for Mainland China, Moschino's parent, Aeffe SpA, said Wednesday. Under the terms of the deal, Hembly will open 40 Moschino stores in China, 30 of them slated for the first five years of the agreement. Hembly also will have exclusive distribution rights for Moschino's lines in Mainland China starting with the spring-summer 2008 season. The Hembly deal excludes the Hong Kong and Macau markets. "We are very satisfied with the agreement signed with Hembly, one of the most important distributors in China, because this [agreement] will allow us to operate in an area of high growth potential," Aeffe chairman Massimo Ferretti said in a statement. Moschino has two stores in China, one in Beijing and one in Shanghai.

VUITTON GROWING IN L.A.: Louis Vuitton is quadrupling the size of its boutique at the Hollywood & Highland shopping center in Los Angeles to 3,700 square feet from 900 square feet by taking over an adjacent space formerly occupied by a coffee shop. The original location will remain open during renovations, which should be completed by the end of the year. "With the amazing growth and redevelopment of the Hollywood commercial area, we decided to relocate and expand our existing store to bring [in] a larger leather goods assortment, as well as [more] shoes and accessories," said Karen Watkins, vice president of Louis Vuitton stores in the western U.S.

OLD ENGLISH: Kentshire Galleries will open a new gallery this fall at 700 Madison Avenue and 63rd Street on New York's Upper East Side. The 3,500-square-foot space is the 67-year-old firm's third gallery; the others are located in Greenwich Village and feature eight floors of 18th- and early 19th-century English furniture, works of art and decorative objects. Kentshire on Madison Avenue will have a different look and feel. Upon completion, it will be an eco-friendly antiques gallery, with recycled materials and woodwork and environmentally appropriate paints and surfaces. Jewelry, antique furniture and objets will be displayed on the first and lower floors. The upper level, covering 2,200 square feet, will showcase Kentshire's furniture collection. The firm's fine antique and estate jewelry and its vintage costume jewelry collection are housed in its boutique at Bergdorf Goodman. The new gallery will bring the fine jewelry and antiques together for the first time.

load comments
blog comments powered by Disqus