PARIS —Givaudan is expanding its reach in China.The Swiss fragrance and flavors supplier said on Friday that it has laid the foundation for a new, 844,440-square-foot production facility in Changzhou. The investment of about 100 million Swiss francs, or $101.9 million, is Givaudan’s largest in the country.“This investment reiterates the company’s commitment to continue investing in high-growth markets such as China,” Givaudan said in a statement.The unit, due to be operational during 2020, will up Givaudan’s manufacturing capability and service clients in Northeast Asia. It is to have cutting-edge compounding technology, a high degree of automation and be involved in numerous fragrance manufacturing processes.“The new fragrance production hub will cover all the key product forms, such as fragrances, oral care flavors and encapsulation in the same location,” said Maurizio Volpi, president of Givaudan’s fragrance division. “After our major investment in Singapore, we continue our expansion in Asia by laying the foundation of this very large facility in China, which demonstrates our long-term commitment in the region.”“As a leader in fragrance creation, Givaudan intends to fully capture market opportunities by leveraging our global knowledge and technologies, while developing local activities, infrastructure, talent and consumer understanding,” continued Georges Sanchez, company manager of Givaudan Fragrances (Changzhou) Ltd.At the site’s cornerstone unveiling were Ding Chun, mayor of Changzhou Municipal People’s Government, and Gilles Andrier, Givaudan chief executive officer.
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