Hairstylist Ted Gibson is closing his namesake New York salon, effective today."It is really about the luxury experience and what's really happening in our world is that luxury experience is changing," said Gibson, who charges $1,500 for a haircut. People are "looking to go with something that's a little bit more intimate when they're paying that top dollar."The 13-year-old, 2,500-square-foot space in Manhattan’s Flatiron district is a victim of not just changes in the luxury space, but changes in the salon space as well. The Millennial attitude has taken a particular toll, with multiple walkouts from hairstylists. While it used to be important for up-and-coming stylists to align themselves with a big name until they were established themselves, the Millennial generation uses social media for that, frequently using booth rental salons, which are also taking hold in New York, to run their businesses. At Gibson's salon, the first walkout — 11 people — happened six years in. The second was four years after that, and the latest — five people — was in September."It's hard for a small business to take that kind of hit," said Jason Backe, Gibson's husband and business partner. But all those walkouts caused the pair, who immediately then focused on auditions for Gibson's Artist Team and presenting at Intercoiffure, to realize that a shift was necessary. "That's what started the process for us to think differently about 'what is Ted Gibson salon,'" Backe said."Gen X before, career was one of the top priorities in their life — they lived to work," Backe said. "If you didn't have a great career it meant you're not a successful person. One of the biggest shifts with Millennials is they work to live. They want to be able to create their own schedules…the way that they work is different. If we want to be attractive to that generation, then we need to be inspiring to them." While the Flatiron location is closing, Gibson and Backe are still focused on the rest of their business lines — including a not-yet-launched product line, for which they are looking for investors, that contains actual stardust — powder from meteorites. They will also continue the Ted Gibson Advanced Academy and working with Gibson's artistic team, which travels for hair shows and with celebrities.And those Hollywood jobs are still rolling in — recently, he’s tamed the locks of everyone from Anne Hathaway to Angelina Jolie to Lupita Nyong’o and Gabrielle Union.The shuttering of his Flatiron location does not signal the end of Gibson’s salon career, he said — and he plans to open a different salon concept in mid-2017, in a to-be-determined Manhattan neighborhood. The existing location had 16 stations and six sinks — a future one would likely pare that down to three to five chairs, Gibson said."Our whole idea of an 18-20 chair salon is kind of like a dinosaur," Backe said. "We want to be ahead of the curve.""It's really about a boutique kind of idea," Gibson said, adding that the W Hotels and other boutique operations that were more curated may serve as inspiration for a new outpost."We see it all over in every industry in the world — everyone is trying to come up with a new idea to run their businesses, and as leaders in the salon world and the beauty world, we are hearing what's happening," Gibson said, "and we've got the balls to do something," Backe added."We want to take the next level of luxury in a salon experience to the next level," Gibson said. "And we want to be leaders in our industry for helping our industry redefine what that means," Backe said.
Exclusive: @longchamp is planning to stage its first official runway show at New York Fashion Week this fall. The French leather goods firm has expanded into ready-to-wear as part of its repositioning as a lifestyle brand. The show, scheduled for September 8, will also cap the brand’s 70th anniversary celebration. Get all the details on WWD.com. #wwdnews #wwdfashion (📷: @dominiquemaitre)
The Duke and Duchess of Sussex undertook their first overseas engagement as a married couple in Dublin. The trip included multiple events and outfits changes, including this black dress by @emiliawickstead that Meghan Markle wore for a party at the British Ambassador’s home. #wwdfashion #royals
At 20 years old – and with an estimated net worth of $900 million - @kyliejenner is the youngest person to ever make @forbes’ annual list of America’s Richest #SelfMadeWomen. “It’s incredible to be recognized for something I’m so passionate about, and I’m really grateful for that. I’ve always loved makeup and worked really hard to bring the first lip kit to the market,” said Jenner on founding @kyliecosmetics. See who else is on the list on WWD.com. #wwdnews #wwdbeauty (📷: @rainerhosch)
“The collection is inspired by Tulum and the Mayan Riviera – its laid-back luxury, life of cabanas, untouched coastline, natural habitats, exotic cocktails and jungle parties with renowned DJs,” said Matteo Maniatty, creative director and cofounder of @descendantofthieves, on the brand’s inspiration for its latest collection. See more designer sketches and inspirations on WWD.com. #wwdfashion #nyfwmens #nyfw
@riccardotisci17 is releasing a limited-edition capsule collection as part of his anticipated runway debut for @burberry in September. Delivered in a series of instant drops, this is the second Burberry capsule collection announced since Friday, when Tisci broke the news on his collaboration with @viviennewestwood. Get all the details on WWD.com. #wwdfashion #wwdnews
“It’s like a Cinderella story. You get a little fake, you get a little real, you put it together and voilà,” said legendary rapper Slick Rick, who helped pioneer the merge of luxury and streetwear. WWD’s @ariahughes spoke to @therulernyc about his jewelry collection, his collaboration with @bally and how the industry has evolved – link in bio. (📷: @kristaschlueter)
@ragandbone and @eminem are teaming up on a special capsule collection of streetwear pieces. Sold at a one-day pop-up in London’s Soho on Friday, the collection features three different T-shirt designs and a hoodie. The capsule is set to kick off the rest of Eminem’s shows in his European Revival Tour, which ends on Sunday. Get all the details on WWD.com. #wwdfashion