In Brief: Eddie Bauer Exits … Laura Ashley Leaves Regent … Retail Eatery
EDDIE BAUER EXITS: Eddie Bauer Inc. has emerged from the Spiegel Inc. Chapter 11 reorganization process as an independent company called Eddie Bauer Holdings Inc. Spiegel filed for bankruptcy on March 17, 2003. "We are extremely...
EDDIE BAUER EXITS: Eddie Bauer Inc. has emerged from the Spiegel Inc. Chapter 11 reorganization process as an independent company called Eddie Bauer Holdings Inc. Spiegel filed for bankruptcy on March 17, 2003. "We are extremely excited about our new status as a stand-alone company. The entire Eddie Bauer team worked hard during the Spiegel bankruptcy to build a strong platform for the future," said president and chief executive officer Fabian Mansson, in a statement Tuesday. "We streamlined operations, recruited new talent to strengthen the team and renewed our commitment to providing quality apparel and accessories that reflect a modern outdoor lifestyle." Eddie Bauer, based in Redmond, Wash., specializes in selling clothing and accessories for those who appreciate the outdoors. It operates more than 400 stores in the U.S. and Canada, distributes catalogues and has joint ventures in Japan and Germany as well as a Web site.
LAURA ASHLEY LEAVES REGENT: British retailer Laura Ashley plans to close its Regent Street flagship following a rent review. "Our decision to withdraw from Regent Street was not taken lightly," the company said in a statement, "but a review saw an increase in rent to levels that would have made it unprofitable to continue." A spokeswoman added there were no future closures planned. Earlier this year, Laura Ashley said it would be cutting its fashion offering and increase its focus on home furnishings, following an 11.4 percent drop in sales. The company still has three stores remaining in London's West End. As reported, House of Fraser was forced to close its Dickins & Jones store on Regent Street last week, also due to high rents.
RETAIL EATERY: Bergdorf Goodman will open BG, a bar-restaurant with a view overlooking Central Park and room for about 100 guests, in October. The 2,000-square-foot BG will be on the seventh floor of the women's store, and will take some of the space currently occupied by the home department. Kelly Wearstler Interior Design has been selected to create BG. "We chose to work with Kelly because not only does she have a great respect for the traditions of fine living, but she has that rare ability to glamorize historical classics into spaces with a completely modern appeal," said Linda Fargo, vice president of visual merchandise for Bergdorf Goodman. Bergdorf's also operates Goodman's Cafe on the beauty level, and Cafe 745 in its men's store.
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews