PARIS –Interparfums SA expects another year of double-digit growth in 2017.The Paris-based subsidiary of Interparfums Inc., of New York, on Tuesday maintained projections for consolidated revenues, which are anticipated to reach 400 million euros to 405 million euros this year. Operating margin, meanwhile, is on track to hit 13 percent to 13.5 percent, the company said.Philippe Benacin, Interparfums SA chairman and chief executive officer, said that 2017 will be the “third consecutive year of more than 10 percent growth, a performance reflecting, among other factors, a balanced mix in our business between established lines and launches.”A successful introduction this year was Mademoiselle Rochas, and Coach confirmed its success in the fragrance arena, bolstered by the introduction of the label’s men’s scent in the fall, according to Interparfums.Benacin said that the company’s sales gains in 2018 will remain “moderate, at around 5 percent, as we intentionally focus on flanker launches in order to offer us a short breather that is indispensable for the consolidation of existing lines.”In 2018, the group’s revenues should be 420 million euros to 425 million euros, and its operating margin is expected to remain somewhere between 13 percent and 13.5 percent “as robust media investments are to be maintained, assuming exchange rates remain at current levels,” the company said.Alongside Mademoiselle Rochas’ ongoing rollout next year, there will be flanker introductions for Jimmy Choo, Lanvin and Coach, plus the launch of Dance with Repetto in France.Benacin said there should be a renewed acceleration of growth for Interparfums SA in 2019 and 2020, spurred by major projects from the company’s main brands: Montblanc, Jimmy Choo, Lanvin, Coach and Rochas.
In honor the @CFDA’s announcement of @iamnaomicampbell receiving the Fashion Icon Award at the 2018 #CFDAAwards, which will take place on June 4, here’s a #tbt of the supermodel on @michaelkors’ runway in 1991. #wwdfashion #wwdarchive (📷: George Chinsee)
“I was making the guacamole when my scout saw me,” says model @stuckinteenage on being discovered just six months ago while working at @chipotlemexicangrill. Since then Williams has signed with @dnamodels, walked in her first show at @calvinklein and landed on the cover of @vogueitalia – a high point of any model’s career. To read @lisajlockwood’s full interview with the model on her experiences thus far, head to WWD.com – link in bio. (📷: George Chinsee)
“I love the idea of dialogue, period. It’s where I’ve always gotten my inspiration from: hearing other women speak, their journeys and their paths,” said @hereisgina, who delivered the keynote speech during @sxsw for @createcultivate in partnership with @fossil. For her two panels, Rodriguez chose female empowering, female-led and female entrepreneurs to focus on. Head to WWD.com to read more about her thoughts on Time’s Up, growing up in a family of women and why we “need a girls’ club.” #wwdeye #sxsw (📷: @jgreenery)
Leading luxury brand are shaking things up to keep up with streetwear. Case in point: the arrival of @mrkimjones as artistic director of @diorhomme. Jones, who succeeds @Kris_Van_Assche, is seen as one of the handful of designers who can actually straddle the luxury and streetwear worlds — which could lead to even more changes at established brands. What could this mean for the rest of the menswear landscape? Head to WWD.com to find out what experts predict #wwdfashion (📷: @franckmura)
“It’s like buying groceries. You’re going to buy the best mango, the best mozzarella, the best things. You have to, or others are going to take it all,” said @gabrielahearst on why she uses only the finest fabrics. Last week, Hearst received her first @cfda nomination for Womenswear Designer of the Year, and earlier this month she opened a permanent showroom in Paris. To read @jessiredale’s interview with the designer and find out why this is shaping up to be a big year for her, head to WWD.com. #wwdfashion (📷: @francoisgoize)
“It’s an interesting thing, playing a younger version of your mother. It’s an interesting concept. I adore my mom and love her in every capacity, but it was just something that had never crossed my mind,” says @anniemstarke on playing a young Joan Castleman in “The Wife.” The same role will be played by her mother Glenn Close. Read more about her growing up in the film industry as the daughter of producer John H. Starke and Close and what she has planned for the future #wwdeye (📷: @nataliamantini)
@asics is launching a new streetwear sneaker inspired by its latest ambassador, @steveaoki. The Hyper-Kenzen x Aoki, which will launch at @footlocker stores exclusively tomorrow, is a slip-on style that incorporates the brand’s proprietary Gel technology through beads integrated into the midsole for comfort and endurance. Read the full story on WWD.com.