HONG KONG — Kate Spade has signed a distribution deal with Hong Kong-based Globalluxe Limited that will see 15 retail spaces open in Asia during the next three years.
The first, an 1,800-square-foot flagship, opened last week in Hong Kong. "This is the first store in Asia to have the beauty line," said Globalluxe president and chief executive David Ting, "It hasn’t even been launched yet in Japan."
The store has more than fragrance going for it. Scoring a corner location in one of the busiest malls in Tsimshatsui, Hong Kong’s premiere shopping and tourist spot, is a coup. Its neighbors include Bottega Veneta, Anteprima, Joyce Beauty and Vivienne Tam.
"Hong Kong is a tough place. Even though there’s a supposed economic downturn, it’s hard to get space," Ting said. He will travel to Korea, Taiwan and Singapore to cement locations in those countries. Those, along with a second Hong Kong store, should bow next year.
This store carries the complete Kate Spade handbag and shoe collection as well as some stationary items, small leathergoods, eyewear, baby bags and the fragrance line. The space, which is painted white and filled with Piet Mondrian-inspired grid display cases, is brightly lit and minimalist. It boasts such whimsical props as vintage magazines and books, ethnic pottery and colorful flowers. Like all Kate Spade stores, it was conceived by New York’s Rogers Marvel Architects.
The shop is divided into two main spaces, one for handbags and luggage, the other for shoes. Each section has its own entrance and the corridor between is covered with reproduction yellow-rose wallpaper. "It’s the same paper that Kate has in her house in the Hamptons," Ting noted. The wallpaper will be used in all Kate Spade stores to open from now on. Other materials include limestone shelves, dark wood and a linen-covered settee.
Ting declined to estimate expected volume for the store, but sources in the area said stores of this nature typically need to generate around $1,500 to $2,300 a square foot annually to attain profitability, putting yearly sales for the Spade store somewhere between $2.7 million and $4 million. Ting said, "We would never sacrifice the long-term potential of this brand for short-term revenue. I’m more interested in brand-building than turnover."
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over the top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty