A member of the Columbus, Ohio-based Schottenstein family, which made its name in the retail business with discounters such as Value City Department Stores, DSW and Filene’s Basement, started his first business at age 12, selling cigars to businessmen. Eight years ago, he founded the custom bespoke tailoring company, Astor & Black, which he sold to a private equity firm, Castanea Partners, last year.
Never one to sit still for long, Schottenstein started looking for his next business venture and settled on collar stays.
“I’ve always had a problem with collar stays,” he said, noting that rummaging through drawers to find the right stay for each shirt “always put me in a funk. I thought, there’s got to be a collar stay that works with all shirts.”
Schottenstein enlisted a designer to create a new product under the name Swiss Stays that is adjustable and fits virtually any men’s shirt collar on the market. He was awarded the patent on the product, which will begin selling this fall.
Shirt collars come in more than 24 sizes and Swiss Stays fit them all, Schottenstein said, with its rotating attachments that vary depending upon the width and length of the collar.
Swiss Stays are being offered in stainless steel, brass and titanium as well as PVC plastic. Sterling silver versions are being marketed as gift items. The stays are marketed in packs of three pairs in a flip-up case that replicates a Zippo lighter. Prices range from $5 for the plastic and $20 for the stainless to $30 for the brass and $90 to $120 for the sterling silver.
“Guys like gadgets and guys like cool stuff,” said Schottenstein, “and most guys who dress up use collar stays.”
Swiss Stays will be sold online beginning next week and Schottenstein is also providing the product to retailers as a private label item.
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews
@prada is introducing a new project at its men’s fall 2018 show this Sunday: “Prada Invites.” The fashion house invited four celebrated creative minds – @ronanaerwanbouroullec, Konstantin Grcic, @herzogdemeuron and @rem.koolhaas – to each create a unique item with its iconic nylon material. The designs will be unveiled on the runway show, which will take place at the company’s warehouse in Viale Ortles 25. #wwdfashion #mfwm (📷: @martinocarrera)
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion