Ralph Lauren quietly shuttered its two-year-old 20,000-square-foot store last week. Other brands are expected to close boutiques in a city that has lost its luster for cash-rich mainland Chinese tourists.
The 15th-annual awards ceremony recognized the accomplishments of a cross section of beauty executives.
The company blamed the sharp drop in sales on a “shortage” of inventory.
The 75-year-old artist enjoyed a Los Angeles moment this week.
It’s not certain how long his tenure will be, as part of the executive’s mandate is to “facilitate an ongoing succession process.”
With less than two months to go before the September issues close, the pressure is on to enter the last stretch of the year on a strong note with advertisers.
“When Attitudes Become Form: Bern 1969/Venice 2013” will open Saturday during the Venice Biennale.