Dissecting Asprey: What Went Wrong in Building Luxury Brand?

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Overview

On a balmy evening in May 2004, Bond Street was abuzz with a party to fete the reopening of the Asprey flagship. Lawrence Stroll, Asprey's shareholder of reference, and his partner, Silas Chou, gave their guests a night to remember.

From This Issue

Financial

Dissecting Asprey: What Went Wrong in Building Luxury Brand?

On a balmy evening in May 2004, Bond Street was abuzz with a party to fete the reopening of the Asprey flagship. Lawrence Stroll, Asprey’s shareholder of reference, and his partner, Silas Chou, gave their guests a night to remember.

clock April 24, 2006Samantha Conti

Financial

Eddie Bauer on the Block

Eddie Bauer Holdings Inc. appears to be on a fast track to be sold. The specialty retailer has hired Goldman Sachs as financial adviser to help it explore options for a sale.

clock April 24, 2006Vicki M. Young

Fashion Features

Poll Finds Aguilera Main Fashion Influence

Mirroring the unpredictability of fashion itself, a survey has found that the celebrity most likely to influence Americans’ purchases of apparel is Christina Aguilera — despite her hiatus from the fashion ad scene.

clock April 24, 2006Valerie Seckler

Fashion Features

Coming This Week

A brief look at the coming week’s events.

clock April 24, 2006WWD Staff

Fashion Features

In Brief: WTO Talks Put Off

A brief look at some of the day’s stories.

clock April 24, 2006WWD Staff

Marina Rust, Plum Sykes, Allison Sarofim and Margherita Missoni.

Media

Around the House

What with the peonies and the gelato and the ties on the cute waiters passing around pink cocktails, Allison Sarofim’s New York backyard was bathed in hues of blush and bashful for a Ferragamo-sponsored party Wednesday honoring Plum Sykes’ new book,…

clock April 24, 2006WWD Staff

A look from the show.

Financial

Sir Paul Smith Eyes China Expansion

“It will not be your typical fashion show,” Sir Paul Smith promised before his show and party at the gallery 798 Space here.

clock April 24, 2006Lisa Movius

Joseph Gubernick, Lauren Thaman and Howard Kreitzman.

Fashion Features

FGI Panel Explores Nature vs. Science

When it comes to beauty products, is all-natural or high-tech the ideal? That was the question pondered by five beauty industry executives at a Fash-ion Group Internation-al luncheon called “Beau-ty’s New Balance, Sci-ence-Na-ture,” held at the New…

clock April 24, 2006Matthew W. Evans

Financial

L’Oreal Luxury Products Unit Appoints Manager

L’Oreal’s Luxury Products division has named Charles de Montalivet manager of prestige and collections fragrances for its travel retail Europe, Middle East and Africa division.

clock April 24, 2006WWD Staff

Molly Sims in Azzaro

Fashion Features

Fashion Scoops: Chains and Trains … French Twist

Karl Lagerfeld always thinks big, and he’s always on the move. So is it any wonder

clock April 24, 2006WWD Staff

Visitors at China Sourcing Fair: Fashion Accessories.

Fashion Features

China Steals the Show

Hong Kong welcomed its first major trade show dedicated to accessories when China Sourcing Fair: Fashion Accessories premiered at Asia World Expo, the city’s mammoth new exhibition center.

clock April 24, 2006Constance Haisma-Kwok

Pedro Almodovar's lenticular art.

Fashion Features

Findings: Moving Images, Eye on the Future, Bagging It …

Van Cleef and Arpels turned 100 this year, but the jewelry firm has proved that it is young at heart — and has an indie spirit.

clock April 24, 2006WWD Staff

Fashion Features

Obituary: Lee Angel’s Alan Firestone, 45

Alan Firestone, chief executive officer of jewelry firm Lee Angel, died of a heart attack April 13 at his home in Montclair, N.J., a company spokesman said. He was 45.

clock April 24, 2006WWD Staff

Auggie Tantillo, executive director of the American Manufacturers Trade Action Coalition; Rep. Robin Hayes (R., N.C.), and Cass Johnson, president of the National Council of Textile Organizations, at a press conference on Capitol Hill.

Fashion Features

Global Competition Intensifies Industry Lobbying

Days before the Central American Free Trade Agreement went to a House vote, lobbyists

clock April 24, 2006Kristi Ellis

Financial

Legal Briefs: Cartier … Chanel Inc. … Barbarian Rugby Wear Inc. …

Cartier, a division of Richemont North America Inc., and Cartier International

clock April 24, 2006Liza Casabona

Appleseed's puts its fashion focus on Baby Boomers.

Retail

Apparel Chain Laying Seeds for Growth

Specialty retailer Appleseed’s is banking on a “big bang” that economists have predicted for years: the coming together of Baby Boomers and fashion.

clock April 24, 2006Amy S. Choi

Fashion brands now in the hands of private equity firms include the U.K. retailer Oasis.

Fashion Features

Private Equity Funds Get Taste for Fashion

An entrepreneurial spirit, plenty of capital, connections galore and a real sense of urgency.

clock April 24, 2006Miles Socha and Amanda Kaiser

Alessandro Dell'Acqua surrounded by Genevieve Jones, Fabiola Beracasa and Tinsley Mortimer.

Media

All Over

“What could be sexier?” asked Fabiola Beracasa, one of three hosts at the 10th anniversary party for Alessandro Dell’Acqua’s business, held at his Madison Avenue store Thursday night.

clock April 24, 2006WWD Staff

Fashion Features

New York State Legislature Gets Tough on Sweatshops

Legislation intended to strengthen the authority of New York State labor officials to crack down on illegal sweatshops has passed both houses of the legislature.

clock April 24, 2006Elizabeth Morrow and Christina Pensiero

WWD Photo

Media

Memo Pad: Kind of Blue

Don’t expect Martha Stewart’s newest magazine to look much like the ones that

clock April 24, 2006Jeff Bercovici

Financial

Figueredo Exits Liz

Jorge Figueredo, president of Liz Claiborne International, will exit the company on April 30 to pursue new opportunities.

clock April 24, 2006WWD Staff

Financial

Haggar Strikes Partnership

The new owners and management team of Haggar Clothing Co. have formed a strategic

clock April 24, 2006WWD Staff

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