Macy’s $400 Million Facelift
Macy’s Herald Square, the world’s largest store, is about to get even bigger through a sweeping $400 million, four-year renovation that will impact almost every part of the flagship. Among its most dramatic elements: creating another 100,000 square feet of selling space to bring the total to 1.2 million square feet, adding a string of luxury shop-in-shops to broaden its appeal and building what Macy’s bills will be the largest shoe department in the world.
New technologies and media will be sprinkled throughout the giant store, including interactive directories, streaming live videos of Macy’s events, digital product information and a mobile app to guide customers as they shop. The overhaul will begin next spring and is seen continuing through fall 2015.
If you happen to be near Madison Avenue tonight, you might want to think about stopping by Christian Louboutin‘s boutique. The shoe designer will celebrate his new book celebrating his company’s 20-year anniversary at Barneys on Madison Avenue tonight and in Beverly Hills on Thursday.
The hosts in New York will be Amanda Brooks, Ann Dexter-Jones, Ashley Olsen, Blake Lively, Cassandra Grey, Chanel Iman, China Chow and Elettra Wiedemann. The Misshapes are scheduled to perform.
Heart Magazines Snags a Conde Nast Executive
It has taken 16 months but Hearst Magazines head David Carey has finally roped in a former Condé Nast executive. Hearst said Monday that Debi Chirichella will become the company’s chief financial officer, a new position. Chirichella, most recently at Prometheus, is a former CFO at Condé Nast and chief operating officer of Condé Nast Digital and Fairchild. She left Condé earlier this year. She begins at Hearst on Nov. 14.
“I would say that we had identified many months ago that this was a role that we needed to create and then once we started thinking about who could fill that role, Debi’s name was at the top of the list,” said Carey.
– Taneisha Jordan
Source: WWD, NY Post