LOS ANGELES — Moshe Tsabag, the apparel veteran who built juniors label Hot Kiss into a $100 million business, has moved on to the young contemporary sector.
After selling Hot Kiss for more than $20 million to Bluestar Alliance in 2008, Tsabag is ramping up his year-old Los Angeles-based label Velvet Heart with a slew of licenses intended to help double sales to $10 million this year from $5 million in 2009. He also wants to increase the number of stores that sell Velvet Heart to 600 by yearend from more than 350, including Nordstrom, Metropark, Anthropologie and Fred Segal.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)