Dior is planning to open a boutique in SoHo in the fall.
Playboy Celebrates the Bunny
To celebrate its 60th anniversary, Playboy teamed up with Special Product Design to create a series of apparel and accessory items that reflect the brand. There’s a Lucien Pellat-Finet cashmere sweater for $3,000, a gold rabbit necklace in collaboration with Hillier, $800, and tights designed by Onyva, $50. There are also mugs, nail art, caps and T-shirts with the legend PLBY and a small rabbit logo. Playboy’s consumer products are sold in 25,000 stores in 180 countries. The products do $1 billion in sales annually.
FIT Foundation Gala Honorees Named
This year’s FIT Foundation gala will honor Linda Fargo of Bergdorf Goodman, Jay Baker and Joan Hornig. In addition to being a FIT trustee, Baker, a former president of Kohl’s, and his wife Patty are longtime donors to the school, having given $10 million in 2001. Hornig is also an FIT trustee and she donates all of the proceeds from sales of her jewelry in stores such as Bergdorf Goodman and Neiman Marcus to charity. Liz Peek, the chair of FIT’s board of trustees, said, “What’s really wonderful in the world today — and what happens every night in New York is being able to honor people for really doing the right thing and for being generous in particular for supporting your cause so magnanimously.”
European Brands See U.S. as Growth Market
By the dawn’s early light, Europe’s biggest luxury players can see a wealth of expansion potential in the United States in 2014 and beyond. Brands like Hermes, Christian Dior and Gucci think that the American consumers are confident and buying more. On top of that, the U.S. is attracting more tourists, from Europe, Brazil, Russia, China. We strongly believe in the American market.
While in recent years, management attention at Europe’s big luxury firms has been fixated on China and its explosive growth — telegraphed by a flurry of fashion shows, store openings and exhibitions — a tempering of demand on the Mainland has shifted brands’ gaze back to more traditional markets, particularly America.“The U.S. is a high-potential market,” said Robert Chavez, president and CEO of Hermès USA, noting the business in 2014 “continues to be very steady, very solid.”
– Mehar Singh
Source and Photo: WWDSee the Top Ten Summer 2016 Trends for Women Over 40
Tags: 60th Anniversary, Christian Dior, European Brands, European Brands U.S. Growth Market, FIT Foundation Gala, FIT Foundation gala honorees, Gucci, HermÃ¨s, Honorees named, Playboy, Playboy Bunny, Playboy Celebrates the Bunny, Playboy Merchandise for 60 year anniversary, Special Product Design