NEW YORK — P. Diddy will have to wait a little longer than expected for his first flagship.
Last week, Sean John officials divulged that negotiations for its first prospective retail venture had hit a roadblock and a New York flagship would not open this fall, as initially expected. Charles Soriano, director of retail at Sean John, explained, “We have experienced some unfortunate setbacks with our desired retail space and have started another search for a new location. The opening has been moved to spring ’04 providing a suitable location is found by the end of the summer.”
Sean John recently made an offer for a 3,800-square-foot space on Fifth Avenue and 41st Street, but that deal fell through, “due to issues with the lease and financial factors,” said Soriano. “We want to do this right from both a branding perspective and a financial perspective, and are not interested in opening a money-losing store like some other companies have done. We aren’t going to make a rash decision and we want to make sure we get the right location for the first store.”
The company is still interested in finding a 3,500- to 4,000-square-foot space on Fifth Avenue, somewhere between 40th Street and the mid-40s, but has expanded its search to other areas of the city, including SoHo. “We want to open this first store in New York, get the business model down, and then expand in other cities. But first, we have to establish a successful and sustainable business model here,” said Soriano, who holds an M.B.A. degree from Harvard and joined Sean John last year, following a stint as vice-president of retail at Kate Spade.
In other news, Todd Howard, a former president of men’s jeans, juniors’ jeans and boys’ and girls’ at Tommy Hilfiger, is close to being named chief operating officer and executive vice-president of Sean John, according to DNR, WWD’s sister publication. He moved into his new offices on June 30, but an official announcement by the company has not been made. According to sources, he will report directly to Sean “P. Diddy” Combs, as does executive vice president Jeffrey Tweedy.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)