WWD Jan 27 - Westwood Regional School District
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WWD Jan 27 - Westwood Regional School District
DAILY EDITION 27 JANUARY 2016 1 Green Shoots Coach Inc. beat Wall Street estimates in the second quarter — and hinted it might make more acquisitions. PAGE 2 Coming Back Costello Tagliapietra plans to relaunch its collection with backing from Resonance Cos. PAGE 6 Fragrance Film Derek Lam has created a series of mini-movies for the launch of his 10 new fragrances. PAGE 4 FASHION Eco Chic Photograph by Stéphane Feugere At the Grand Palais on Tuesday, guests were enveloped in a Zen-like calm and Karl Lagerfeld’s set was an ode to nature’s quiet gifts. For Chanel’s spring couture outing, there was an au naturale vibe to the clothes, with what appeared to be raw cottons and linens transformed into embroidered lattices and inventive embellishments. For more from the couture shows, see pages 8 to 11. 2 27 JANUARY 2016 ACCESSORIES Coach Hints at Acquisitions As Results Top Estimates 10 quarters. BY VICKI M. YOUNG Seeing success with its Stuart Weitzman acquisition, Coach Inc. is considering more deals to fuel the company’s growth. But it won’t happen right away, since Weitzman is still in integration mode, according to Victor Luis, Coach’s chief executive officer. “The capital allocation strategy at Coach Inc. is to invest in our current brands,” Luis said in an interview. “We will look at acquisitions very selectively, in areas where we can help create value either in where we can leverage our supply chain or leverage our strength in retail distribution in North America or internationally.” That was as close to an explanation as he would get to specifics on the firm’s acquisition criteria. Jane Nielsen, Coach’s chief financial officer, spoke about the possibility of an acquisition down the road during the company’s second-quarter conference call to Wall Street analysts. She explained that the company wanted to “have the flexibility to act if and when it’s in the best interest of Coach and our shareholders.” Part of that flexibility would come from the sale of its interest in its joint venture investment at Hudson Yards in Manhattan. Coach said previously that the $530 million investment in 2013 for a 738,000-square-foot portion in the first tower built was for its new headquarters. In November, the company said it was looking to sell its interest, but would do a sale-leaseback of its offices as part of the recapitalization of the investment. Nielsen said Tuesday morning that the company had begun discussions with partner-related firms. Luis was particularly pleased with the results in the second quarter, and in the interview referred to it as the “most significant quarter yet.” That’s because the three-month period reflected a sales gain for the first time in 10 quarters, since the company embarked on its “transformation” into a lifestyle brand. While Coach executives had been talking about green shoots and how executive creative director Stuart Vevers’ collections are gaining traction with consumers, Tuesday’s report was the first time there was concrete evidence. Adding to the positive news was the adjusted earnings per share results that beat Wall Street estimates. The handbag and accessories firm posted a 7.3 percent decline in net income to $170.1 million, or 61 cents a diluted share, from $183.5 million, or 66 cents, a year ago. Sales gained 4.5 percent to $1.27 billion, up from $1.22 billion. On a non-GAAP basis, net income was $188 million, with EPS at 68 cents. The company beat Wall Street’s estimates of 66 cents in EPS, but slightly missed on the revenue estimate of $1.28 billion. In North America, the company said Coach brand sales fell 7 percent to $731 million from $785 million, while comparable-store sales slipped 4 percent. Comps results included the impact of the Internet, which pressured comps by 1 percent due to the reduction in eOutlet events. For the six months, net income fell 11.9 percent to $266.5 million, or 96 cents a diluted share, on a 2 percent sales gain to $2.30 billion. Investors liked the news, sending shares of Coach up 9.8 percent to close at $33.33 in Big Board trading. Nearly 16.5 million shares changed hands, compared with an average three month volume of 4.8 shares. In the interview, Luis noted the sequential improvement in comparable-store sales and said the company is “still planning for positive comps by the end of the fourth quarter.” He said that the quarter’s results were helped by Weitzman and by double-digit increases in Europe and Mainland China, as well as sales gains in Japan. As for Weitzman, Luis said, “The brand did well, and in a season with ridiculously warm weather over the holidays, it was the only real fashion retail boot brand that had trend-right product.” The ceo added that both Weitzman and the core Coach brand are able to recruit younger consumers, noting how “Millennial consumers are now entering the Coach franchise.” Overall, the sweet spot for the Coach brand is at the $300 level, although Luis said the level “above the $400 price point is a promising area of growth.” He added that from how consumers are communicating in social media and what they are tracking, “what we are seeing most clearly is that consumers want a unique combination of authenticity and value [which fits] well with our strategy, our positioning.” While the news overall reflected an improvement for Coach, the women’s handbags and accessory market was flat in the quarter, Luis noted during the conference call. Jefferies analyst Randal J. Konik has a “Buy” rating on Coach shares and a price target of $51, which is among the firm’s top picks for 2016. According to Konik, “Total company top-line is up for the first time in two years, operating margins remain extremely healthy and the outlook is stable indicating the fundamental bottom has been reached.” The company said the operating margin for the quarter was 20.5 percent, compared with 22.6 percent a year ago. The margin was 22.4 percent on an adjusted basis, compared with 24.5 percent a year ago. Nomura analyst Robert Drbul, who has a “buy” rating on the stock, maintained his third quarter EPS estimate of 43 cents, adding, “We also expect that Coach will benefit from the continued secular shift from apparel to accessories.” ON WWD.COM Chanel Couture Spring 2016 ● Karl Lagerfeld’s spring ecological ruse resulted in an expression of couture at its most relevant. ●They Are Wearing: Paris Collections: Men¹s Fall 2016 ● Ralph and Russo Spring 2016 Couture ●Christian Dior Spring 2016 Couture ● Paris Couture Spring 2016: Street Style Global Stock Tracker As of close January 26, 2016 ADVANCERS Vince Holding Corp. +18.92% Iconix Brand Group Inc. +12.52% Coach Inc. +9.82% Avon Products Inc. +6.51% The Men’s Wearhouse Inc. +6.23% DECLINERS Youngor Group Co. Ltd. -9.27% Chow Tai Fook Jewellery Group -2.40% Isetan Mitsukoshi Holdings Ltd. -4.17% Shiseido Co. Ltd. -3.67% Takashimaya Co. Ltd. -3.57% Coach’s first Paris flagship. Chanel photograph by Stéphane Feugere ● Sales rose for the first time in TOP 5 TRENDING 4 27 JANUARY 2016 BEAUTY Coty, Tiffany Ink Fragrance Licensing Deal ● The company will develop product and distribute Tiffany scents for men and women. BY JULIE NAUGHTON AND PETE BORN Coty Inc.’s newest partner is Tiffany & Co. The two have inked a deal to develop, produce and distribute Tiffany scents for men and women, which will be sold in Tiffany doors and a group of undisclosed specialty store doors. The companies have not determined when the first fruits of the collaboration will be launched, said spokeswomen from both Coty and Tiffany. When products are launched, they will join prestige fragrance brands such as Marc Jacobs, Chloé and Calvin Klein at Coty. “Tiffany is among the world’s most important houses of luxury, and fragrances are an important expression of the brand,” said Frédéric Cumenal, chief executive officer of Tiffany & Co. “We are pleased to work with Coty, an industry leader in the prestige fragrance category, on the development of a more meaningful fragrance portfolio through this licensing agreement.” “Tiffany’s luxury heritage lends itself perfectly to Coty’s prestige fragrance portfolio,” said Bart Becht, chairman and interim ceo of Coty. “We look forward to bringing Coty’s unique expertise to Tiffany by establishing a strong fragrance business for the brand.” Tiffany has dabbled in the fragrance space before. According to market sources, Chanel developed four or five men’s and women’s fragrances for Tiffany from the late Eighties into the Nineties, when the brand was handled by its Fragrances Exclusive division. The Tiffany scents were distributed to major specialty and department stores, including Macy’s. Chanel closed the division in 2006. The Ungaro fragrances were also handled by the division. BEAUTY Derek Lam Turns Scents Into Cinema ● His 10 new fragrances will be Derek Lam accompanied with their own little movies. Fragrance is going to the movies. In the visually driven age of Instagram, Derek Lam and marketers at Butterfly Beauty are experimenting with an unusual way to promote fragrance across social media and attract attention in a Millennial-obsessed world. For the launch Thursday of the Derek Lam 10 Crosby scent collection, what normally would have been a straightforward product introduction has been transformed into urban cinema. For each of Lam’s 10 fragrances, brief three- to five-minute digital movies have been written and produced, depicting a personal encounter or a moment in the life of the city that has been inspired by the vibe of each scent. The names of the fragrances reveal their offbeat nature: “2 AM Kiss,” “Ellipsis,” “Rain Day,” “Blackout,” “Drunk on Youth,” “Hi Fi,” “Something Wild,” “Silent St.,” “Afloat” and “Looking Glass.” The cinema concept is being played up. Henry Joost and Ariel Schulman, cofounders of Supermarche/Moxie Pictures Production, who act as creative directors on the project, created a 60-second trailer that is going live Wednesday morning on Lam’s Web site. Moreover, a fragrance and film premiere will be held on Feb. 2 at the Angelika Theater in Manhattan. The fragrances will be distributed beginning Thursday through Sephora stores and on sephora.com. The films will start airing on Feb. 3. These are not commercials, certainly not in the traditional mold of glossy magazine ads or TV spots. The digital revolution has created challenges along with opportunities, particularly for products that are nonvisual in their impact. Most of the marketing tactics of the past are now obsolete in terms of effectiveness, according to Robin Burns-McNeill, chairman and cofounder of Batallure Beauty and Butterfly Beauty. The 10 Crosby collection is aimed at young women aged 25 to 35 and those who think like them. “If she is Millennial-minded, she is actually turned off by being dictated to with an [ad] creative [placed] in a repeated way,” said Burns-McNeill, whose expertise dates back to building Calvin Klein into a fragrance powerhouse in the mid-Eighties. “So how do you capture their attention? You have to create something and place it in a way that they discover it. They not only discover it but they enjoy it, engage in it and engage in it with other people. The story has to be authentic, and the creative content still has to be always aspirational.” She dismissed the notion that most fragrance growth today is coming from artisanal and niche brands. “It’s not,” she said. “It’s about doing something that’s disruptive and innovative in packaging, in fragrance, in positioning and how you communicate and capture someone’s heart and their attention. Because everything is too similar, too staid, uninspiring, they don’t need it.” Lam’s venue for inspiration was looking out the window of his former office on SoHo’s Crosby Street and observing people walking by. “What it is basically are fragrance interpretations of my feelings about New York,” Lam said. “My feelings about the women that I see, especially on Crosby Street — kind of imagining her moments, her life, her occasions. Not just how she looks, but emotional occasions, funny situations, romantic [episodes] — kind of linked together,” Lam said in an interview. “They are related through my lens; literally, me looking out the window.” The connection between the stories are “things that have touched me,” he said. Those glimpses of imagination led to a series of collaborations, first with four perfumers — Clement Gavarry, Pascal Gaurin, Yves Cassar and Laurent Le Guernec — at International Flavors & Fragrances in creating the scents. The bottle was designed with an architectural feel, complete with a window in the design, to suggest his view of the cityscape. The outer carton is a clean white cylinder. The cinema project grew out of a collaboration with Joost and Schulman, who are well versed in indie filmmaking. Their first feature, “Catfish,” premiered at the Sundance Film Festival and went into national distribution in 2010. That was followed by “Paranormal Activity 3” in 2011, a suspense film called “Viral” in 2014 and, coming this summer, “Nerve,” starring Emma Roberts and Dave Franco. In order to create a sense of authenticity, the filmmakers brought in a squad of New York-based writers, directors, actors, dancers and musicians. One of the cast members, Jennifer Westfeldt, broke onto the indie scene with her role in the 2001 hit, “Kissing Jessica Stein.” Lam stressed that he gave Joost and Schulman the names of the scents and some ideas to work on, no story boards or scripts. “It was really important to me that the the films not be dictated exactly by what I wanted them to be,” Lam said. “I like having this conversation with the client and other creative people and say, ‘What does 2 AM Kiss represent to you? What does Ellipsis represent to you?’ “This whole process is about collaborating and allowing different points of entry into the stories, the fragrances and let them have their kind of discovery,” he continued. These stories, meant to be glimpses into the daily reality of the city’s 20- and 30-yearolds, touch on moments: The crispness of the first heavy snowfall blanketing New York, the initial awkwardness of a couple on their first date before clicking back in the kitchen of a Chinese noodle shop over a bowl of dumpling soup, the nervousness and trepidation of a power blackout and the anguish of a woman who has been abandoned by her boyfriend. Schulman noted that commercialism was shunned as the crew built a fantasy world. For the filming, part of Mercer Street, near the Crosby store, was shut down on a Saturday afternoon at the height of the holiday shopping season. “We brought in hundreds of pounds of autumn leaves [from upstate], and there are no trees on Mercer Street,” Schulman said. He added that the whole context lies in telling New York stories: “A woman who has just been dumped and scorned finding strength in herself and it’s a solo dance number [involving a funky romantic maneuver with an abandoned store dummy]. That same fellow who dumped her is seen later dancing alone at Coney Island, juxtaposed with a guy who has just fallen in love dancing alone on the subway.” Schulman alluded to another episode “about a doorman at the Crosby Street Hotel who just got a tip large enough that he can finally rent a room for himself in the hotel where he has worked for a decade.” Lam pointed out that each film was designed to stand on its own, but there is a bit of cohesiveness. Every actor appears in at least two films. “Often the lead character in one film is in the background of another,” he said. “We are hoping people will watch and try to discover the connections.” Photograph by George Chinsee BY PETE BORN 5 27 JANUARY 2016 ALBERTA FERRETTI DEMICOUTURE tank dresses. — ALESSANDRA TURRA NEHERA ROBERTO CAVALLI Peter Dundas’ pre-fall collection for Roberto Cavalli was a marked improvement over his debut as creative director at the label for spring. Without abandoning Cavalli’s sexy signatures, Dundas toned down the come-hither nature of the collection in favor of a more youthful, irreverent mood intended to attract a new generation of customer. He did so with a sense of humor, choosing a circus theme as the lineup’s driving motif, an ironic yet hopeful reference to the turbulent year the company experienced. A precious intarsia decorating the back of a leather perfecto jacket celebrated the theme, along with a playful pattern of circus posters worked in a washed palette on a ruffled slipdress and a silk pajama suit. Bohemian dresses plucked from Cavalli’s classic vocabulary came in a graphic star and multicolor fireworks patterns, while tailored blazers were paired with casual denim pants. Enhancing the relaxed mood, many looks were finished with sporty leather high-tops. As he did for the men’s collection, Dundas showed in Milan earlier this month, luxurious exotics, such as furs and snakeskins, were used for outerwear infused with a Seventies’ vibe. Of course, it wouldn’t be Cavalli without animalia: a leopard-printed velvet suit and leopard-patterned crystal and sequin embroideries on maxi Roberto Cavalli Samuel Drira, the creative director behind the Slovakia-based label’s resurrection, is doing a good job constructing a relevant wardrobe based on serene and sensual clothes. His pre-fall lineup was a mix-and-match collection divided into groups by color (gray, camel/beige/ivory); fit (classic versus oversize); and weight and knit gauge. The potential to create different outfits and looks depending on one’s taste was quite interesting. The collection was composed of solid and tone-on-tone looks with the exception of a kilim carpet-inspired print. Some of the pieces featured geometric patterns that created extra volume at the back of classic white cotton shirts or on the sides of crushed velvet skirts and dresses for a graphic draping effect. — LAURENT FOLCHER Nehera With Paris couture shows underway, Alberta Ferretti presented her fall 2106 demicouture collection in Milan. Her muse: the aristocratic and eccentric Marchesa Luisa Casati, a Milanese noblewoman and ante litteram celebrity, who in the first half of the 20th century stood out for her unconventional look, as well as her intellectual curiosity and bizarre behavior. Ferretti developed a collection infused with a sense of subversive elegance, which marked a departure from the brand’s signature romantic, delicate aesthetic. Focused on a nocturnal color palette, the lineup included a dégradé Lurex maxi slipdress worn with an asymmetric cardigan decorated with fringe and rich embroideries. The outfit’s Twenties aura returned in an opulent embroidered minidress embellished with tassels and sequins. Gowns, crafted from rich brocade and jacquard fabrics, were cut in more voluminous, theatrical shapes, while lace floor-length ruffled styles revealed the softer side of this chic, sophisticated woman. — A.T. Alberta Ferretti Demicouture FASHION Claudia Schiffer Unveils Tse Collection ● The model is creative director of a new line that bears her name. BY SAMANTHA CONTI LONDON — Claudia Schiffer has become the latest model of her generation to launch a creative fashion venture. This week she will unveil Claudia Schiffer Made by Tse, a 40-piece cashmere collection that stems from her initial collaboration with the brand in September, WWD has learned. The collection will bow for fall at trade shows in Dusseldorf, Germany next month and in Paris from March 2 to 9. It will be available from August on Tsecashmere.com and at selected retailers globally. Prices start at 124 pounds, or $177. Schiffer’s title is creative director, and she oversees the design and artistic direction of the women’s collection. The supermodel first collaborated with the brand on a collection called “Claudia Schiffer for Tse Cashmere” that launched in September. “My collaboration with Tse was such a positive experience that the obvious next step was to launch my own line, with Tse producing it,” said Schiffer, who called Tse a “great partner who understands my passion for cashmere.” Schiffer told WWD she’s combined “amazing cashmere yarns with details of multicolor jacquards and Fair Isles, creating a line of casually chic separates for everyday.” She said she was inspired by the colors, scents and textiles from her travels in southern Spain, and the palette includes sunset red, burnt orange and sky blue. Schiffer said she’s combined those strong shades with “soft cream and camel, referencing motifs from heirloom rugs, ancient tiles and mosaics.” The mood is unfussy and the pieces are meant to be worn with “denim and great accessories. The sweaters are slouchy with a boyfriend fit, and the dresses can be belted or worn loose.” Christina Peng, chief executive officer of Tse, said it was natural to take the relationship a step farther, and the new collection captures Schiffer’s personality. Peng called the collection “romantic, with a bohemian aesthetic,” and described it as fresh, youthful, contemporary and timeless. “The collection is translated through traditional artisan techniques, hand-crafted textures and jacquard patterns in rich tones to create a point of difference and establish a new audience,’’ Peng said. Claudia Schiffer 6 27 JANUARY 2016 FASHION Resonance Steers Costello Tagliapietra’s Relaunch Planned for April ● Through the firm’s investment, the brand is back in business with a focus on shirts. BY ROSEMARY FEITELBERG Unmistakable in their signature plaid shirts, Jeffrey Costello and Robert Tagliapietra have relaunched their label as shirt-centric. Shortly after last February’s Costello Tagliapietra runway show, the pair decided to retreat and regroup after a 10-year run that included two Uniqlo collaborations and two CFDA/Vogue Fashion Fund nominations. Their idea of a breather wasn’t exactly that, considering many days were spent toiling on the alpaca farm that belongs to Tagliapietra’s mother, who was sidelined with a broken femur having been rammed by a ram. Unlikely as all of this sounds, it was in fact true and “actually fun,” according to the good-natured designers. As it turned out, being down on the farm helped to clarify their next incarnation. “The whole industry is changing so drastically. Culture in general is changing so drastically. For a while, we’ve been privately thinking, ‘What is it that we’re doing? Do we want to keep speaking to the same customer or to broaden this?’” Tagliapietra said. “We’ve always had this duality of fans who were interested in how we were dressing and people who were interested in the dresses we were making.” Their publicist of 10 years, Kelly Cutrone, linked them up with Resonance’s Lawrence Lenihan, who in July exited FirstMark Capital, the venture capital fund he cofounded. Founded with Joseph Ferrara, Resonance invests in and provides operational support for an assortment of brands including Gaby Basora’s Tucker label, Norisol Ferrari, Robert Tagliapietra and Jeffrey Costello Tommy John men’s underwear, Lolly Wolly Doodle children’s wear, Body Labs’ three-dimensional body mapping and an assortment of start-ups. “A brand isn’t just manufacturing, having a marketing plan and finding the white spaces. Our job is to find the creators and to enable them with a business that is as strong and powerful as their vision is,” Lenihan said. “What I’m always worried about with the creators is how genuine their vision is.” A little serendipity sold Lenihan on Costello Tagliapietra’s vision. Out for a Sunday morning run in July in the Westchester woods, Lenihan spotted two men dressed all in plaid walking in the distance. “I was like, ‘Wow, I can’t believe it,’ and then, ‘Holy s--t! It’s these two guys,’” he said with a laugh. “There was no way they knew I was going to be there. There was no way I knew they were going to be there, so it is genuine.” Seated across from Costello and Tagliapietra in Resonance’s West 28th Street offices, Lenihan said, “Their brand is them — just like with Gaby [Basora.] Tucker is Gabby. It comes from here,” he said, tapping his heart for effect. “And not from market research.” In the early stage of building bays for the individual companies and a communal area in its 12,000-square-foot space, Resonance aims to partner with seven to 10 new companies each year, all of which will be maintained in its portfolio. “We take equity, we are a partner, we enable their vision,” Lenihan said. Creating a cross section of companies that assist each other wherever they can, he pointed to Runthrough, a B2B platform that enables brands to express who they are to the media, handle sample requests from stylists and other services, as an example. Anticipating this “next wave of industrial disruption,” Lenihan noted that his experience is in retail and technology, whereas Ferrara specializes in production and manufacturing. “The idea is you can’t just write a check and walk away. You’ve got to create capability. This is about the company that learns the most wins,” he said. “Let’s spend our time on things we don’t know the answer to where you bring advantage.” In this “time of incredible uncertainty,” Lenihan said, “It’s figuring out how to react and move these companies fast enough, but then create companies that are solid enough to be able to grow and prosper. The biggest problem that this industry faces is that all these companies that you think are successful companies don’t have a business. Our idea is you have to have a business that empowers. Is this a $10 billion business? No, but it doesn’t have to be. This business should be as big as it should be.” Both from what they described as blue-collar families of tailors, Costello and Tagliapietra wanted to create a more affordable collection, hence the $125 price tag of the shirts and sizing from small to triple-extra-large. In fact, in 1994, they started out making shirts for Bruce Springsteen, Nine Inch Nails and other musicians. “That’s what we love — patternmaking, crafting clothes — and that’s what we’re good at,” Tagliapietra said. To be more accessible, they will throw a party instead of a show for their relaunch in April, and there are plans to sell at more offbeat places like the Cold Spring Flea Market, as well as more traditional stores. Their collection includes plenty of plaid women’s and men’s shirts, which will be sold initially on the Costello Tagliapietra site. Nearby, mock-up boards are covered with designs for plaid bicycles, stash bags, dog leashes, men’s boxers and a host of other products, a sign of the brand’s plans to collaborate with other companies. Kiehl’s recruited Tagliapietra to design its plaid gift wrap and in-store illustrations for the holidays. Shortly thereafter, Art Department offered to represent him as an illustrator and he accepted. With 350 proprietary plaids, Costello Tagliapietra will start with five in April, and an additional five or six will be added every couple of months. With neighbors like Kaufman Franco, Dsquared2 and an increasing number of fashion tenants in the building that used to be home to The Tunnel nightclub, Resonance expects more fashion brands to descend on the neighborhood. “I do think this area of New York is going to become the center of fashion. Hudson Yards is coming in, the High Line has been extended and there is the new subway stop [on 34th Street for the 7 train],” Lenihan said. “If you’re a creator, it’s open, you can think without that oppressive feeling you kind of get in the garment center. It’s also cheaper.” RETAIL Sigrid Olsen, Dillard’s Link for Sportswear Line The bridge-priced collection includes embellished tunics, tops, dresses, pants jackets and knits. BY LISA LOCKWOOD Sigrid Olsen is headed back to department stores. The designer will launch Sigrid Olsen Signature, a casual bridge sportswear brand, this spring in a partnership with Dillard’s Inc. Initially the brand will roll out next month across Dillard’s top 100 doors. Olsen’s collection of embellished tunics and tops, dresses, pants and knits carry an average retail price of $130, with the highest price set in the low $200 range. With an emphasis on investment dressing, comfort and color, the line will have monthly deliveries. “Dillard’s attracts many women from my customer base. I can reconnect with them and design beautiful yet versatile ways to wardrobe with distinctive, uplifting fashion pieces,” said Olsen. Among the looks are a print dress/ tunic for $149; double-faced linen dress for $149; button front-pin tick blouse for $99, and print sateen ankle pants for $139. Olsen continues to design her more moderately priced collection for HSN and will be back on air Feb. 26 to show her new spring collection. Last year, Olsen forged a deal with HSN for a collection called Sigrid Olsen Studio which launched last April, when Olsen promoted her artisan-inspired designs on air with HSN and simultaneously online at hsn.com. She designs three HSN collections a year. Sigrid Olsen Signature is a collaboration between Olsen’s design team in New York and Dillard’s merchandising team. It is being produced by Olsen, who has a manufacturing company behind this endeavor, Nation Design, a New York-based private label knitwear and sportswear manufacturer. The collection is produced in Asia. Nation Design, which is headed by Lynne Ronan and her brother, James Ronan, also does production for Olsen’s HSN line. “I’m working with the same design director and I can keep very close tabs on what’s appropriate for Dillard’s and what’s appropriate for HSN. It still has a consistent brand message and DNA, but a very distinct brand differentiation,” said Olsen. She said the collection for Dillard’s uses cotton silks, viscose, linen blends and cotton sateens, whereas the HSN line uses fabrics such as cotton twill, cotton lawn, cotton spandex and rayon spandex. “[Signature] is more polished with a lot of beautiful embroideries,” she said. “Dillard’s has a long relationship with the Sigrid Olsen brand and we were excited to bring her fashion to our customers,” said Jim Stockman, vice president for exclusive brands at Dillard’s. He said the collection will be housed in the casual bridge department and is aimed at a customer “who appreciates quality, design, color and Sigrid’s commitment to creative well-being.” He anticipates that the strength of the line will be the fashion knitwear and the inspired wovens. Asked if Olsen plans to expand her distribution beyond Dillard’s, she replied, “We’ll start here and see how it goes. You never know. I’m going to take things slowly, and do it with excellence.” An accomplished artist, Olsen began her company in 1984 as a division of Segrets Inc., which was eventually sold to Liz Claiborne in 1999. The business — which catered to the Baby Boomer — peaked at $100 million under Claiborne, but was shuttered in 2008 as part of a corporate restructuring. In 2014, Olsen got her name back from the then Fifth & Sigrid Olsen photographed in Sigrid Olsen Signature’s floral print jacket and trouser. Pacific Cos. Inc. (the former Liz Claiborne Inc.). During those six years away from the business, Olsen reinvented herself, operating creative wellness retreats around the world, where she runs art workshops and yoga classes in places such as Tulum, Mexico. Costello photograph by Thomas Iannaccone; Olsen by Bryan Kasm ● 8 27 JANUARY 2016 The Reviews CHANEL Serenity isn’t a condition normally associated with Karl Lagerfeld’s Chanel. Yet guests entering the Grand Palais on Tuesday morning felt enveloped in Zenlike calm, the set an ode to nature’s quiet gifts. A blue sky, lush green lawn and cedar trees framed a simple-pleasures modernist house, three windowless tiers of vertical slats, the chic geometry rendered in humble natural oak. Without musical warning, a male model in patchwork pants appeared and pressed a button, opening a center panel of the house. From there exited Chanel’s parade of fashion, an expression of couture at its most relevant. “I think it’s the first couture collection done in the ecological approach. It’s fun to do this after being high-tech,” Lagerfeld said, referring to his collection last fall, which featured jackets made on 3-D printers. For spring, the ruse was ecological, au naturale. Hence, the base of beige (before she championed the LBD, Mademoiselle Chanel was known as the Queen of Beige, Lagerfeld informed during a studio visit) and the primary embroideries: wood. Every imaginable incarnation of wood-in-miniature became the stuff of couture craft — flat, rounded, rough-hewn, smooth. So, too, did other materials — string, straw, raffia, twine and what appeared to be raw cottons and linens, all transformed into embroidered tweeds, lattices and inventive embellishment. “It helps to own the houses,” Lagerfeld said, referring to the network of specialty ateliers Chanel owns via its Paraffection subsidiary. “Lemarié used to do just feathers. Now they do everything.” Paris Couture 2016 Photographs by Giovanni Giannoni CONTINUED ON PG.9 27 JANUARY 2016 Photographs by Giovanni Giannoni Lagerfeld started with a calm appropriate to his motif, celebrating the suit — it remains the backbone — in variations on a long silhouette. His favorite jacket, short and trim with voluminous sleeves, topped two skirt shapes, one with controlled volume falling from tucks at the waist; the other, which dominated, ultraslim, sometimes made with double tiers. Side or back slits, some filled in with tulle kick pleats, allowed for ease of walking. Those slits spoke to Lagerfeld’s creative ethos. Again and again, this consummate commercial designer delivers the highest of high fashion designed to be worn. The work is intense but not superfluous, delivered with a range essential to the house’s extensive clientele. For every rich lady who likes a suit on the plain side, such as the show opener with bold seaming its primary decoration, there’s another who fancies fancier. For her: the wooden embroideries, some natural in earnest, others integrating the kind of sparkle that only appears naturally in the night sky. Speaking of night — it dazzled. Looks ranged from angelic (pink tunic over dress with frou-frou fan sleeves) to soigné (unfettered pajamas under gossamer cape, aglitter with crystals). As for accessories, spectator shoes on sculptural cork wedges spoke to the natural-eco moment, as did the show’s only jewelry — bees as broaches and single earrings. “Bees are disappearing,” Lagerfeld said, connecting the eco dots. As for the latest Chanel bag, a waist-slung pouch sized to hold one item only, an iPhone 6, even nature-loving ladies want to keep in touch with friends — and the times. — BRIDGET FOLEY 9 10 27 JANUARY 2016 ARMANI PRIVÉ Giorgio Armani goes after a theme the way the Broncos went after Tom Brady — relentlessly. So the arrival of his stiff-weave, lilac-hued invitation proved an unsubtle clue. It heralded a mono-pastel Armani Privé collection that would be feminine and light with a focus on subtle structure. It was all of the above, its ample fabric flourishes by way of airy organza, gazar and a shot of crinoline. It also skewed young for Armani, a mood highlighted by pale purple palette and the models’ dark, wavy Katy Perry coiffeurs. The result was an interesting if uneven collection, one that played provocatively into the discourse of couture’s role today. A big question: How to navigate the desire for youth and the need for newness? Talk to people involved with couture and they swear that desirable as they are, Instagrams, likes and tweets are secondary goals; the primary goal is to sell clothes. While one can certainly question the veracity of that priority, selling does matter. That means having something to say to modern women with the money, desire and lifestyle to purchase and wear couture. How much of that already limited market is into the concept of haute shorts? Among 59 looks, Armani showed 14 pairs, give or take, upward of 20 percent of his lineup. Snappy yes, but a snap more sensibly delivered off the rack. That peculiarity aside, Armani presented some strong ideas. He elevated silhouettes of the street, specifically baseball jackets. A charming cropped version came in crystal-detailed silk jacquard; a longer one, in lame organza. Armani has long embraced tricked-out pants. Here, he did it with ruffles, stiffened via organza and gazar. While pants with major side cascades frothed with overkill, those flaunting a deep ankle ruffle looked wacky at first, but grew on you as the eye adjusted. Would that some had been shown not with equally stiffened tops but luxe sweaters. While daywear remains a holy grail, much couture business skews toward evening. There, Armani delivered with his usual panache (never mind the multiple black, swirling “plexi” pasties he collaged into a top over a tiered skirt). Except for a linear look here or there, he went for the serene princess effect with elegantly decorated, full-skirted gowns — an embroidered one-shoulder in crinoline gauze with tulle overlay; a twopiece with crystal-embroidered top over lame organza shadow-striped skirt. With the Oscars around the corner, let the guessing begin. Yin recently parted ways with Leonard after two years as creative director of the French fashion house in order to focus on her own brand. As divorces go, this appears to have been an amicable one, since Leonard managing director Nathalie Tribouillard-Chassaing was sitting front row. The narrative of the collection, titled “Blooming Ashes,” was steeped in fantasy — think warrior women in chainmail mesh and leather harnesses — yet it also sounded like a metaphor for the designer’s own journey. “She is changing, she’s victorious, she’s a warrior, she’s a fighter, she goes back to her instincts,” Yin said backstage. Indeed, Yin was back to creating the kind of complex handcrafted pieces that are the hallmark of couture, including a corset resembling a cage of creeping vine branches, or an off-theshoulder sheath dress made from a mosaic of seven different types of fur. She balanced the semi-conceptual pieces — including a little black dress in a cage of fairy lights — with her off-hand approach to luxury: draped tops and dresses incorporating panels of fine silver mesh; jumpsuits in washed silk or stretchy waxed cotton, and finely woven leather dresses and tops. A pale blue silk gown encased in a web of knotted rope struck the perfect balance between design and wearability. — JOELLE DIDERICH — BRIDGET FOLEY BOUCHRA JARRAR “Ample sleeveless peacoat in black boiled wool with lapels trimmed in badger fur. Victorian blouse in ivory Chantilly lace. Fluid ivory silk satin trousers.” That dry description of look No. 4 in Bouchra Jarrar’s spring couture show sounded enticing enough, yet hardly did justice to her mouthwatering blend of military strictness and feminine grace. In one of her strongest showings yet, Jarrar took the elegance and dignity of the French Republican Guard uniform and absorbed it into her universe of great-fitting pants, killer peacoats and alterna-tuxedos. Here was one of the French capital’s smallest couturiers creating fashion thrills with the puniest of means: 21 looks paraded on flat-soled shoes and boots in the narrow hallways ringing the courtyard of a municipal building. Her voiceover on the jazz-tinged soundtrack, reading excerpts of Marcel Proust’s “In Search of Lost Time,” seemed an unnecessary accompaniment to her riveting clothes. In the fashion world, Jarrar is something of a sentry: alert yet impervious to distractions. She sticks to her guns, turning out handsome, uniform-tinged tailoring with an inimitable feminine swagger and eye-catching details. Her fetish perfectos took on new guises: Dressy in fancy metallic jacquards; heavenly as a long, romantic mohair coat hand-woven into a hound’s tooth pattern. Jarrar has never been a great fan of flou, but she keeps pushing herself to do it. For once, her crushed velvet dresses and cowl-neck tops didn’t feel forced, and added a sensuality to her ensembles. There were fewer harnesses, too, just a latch of braiding holding on backless tuxedo vests. These were softened further with bits of organza drifting off bare shoulders. Jarrar found a dreamy name for them in her show notes: butterfly sleeves. — MILES SOCHA YIQING YIN Bouchra Jarrar Perhaps it’s no accident that for her first show since being granted the official haute couture designation, Yiqing Yin focused on the theme of rebirth. Yiqing Yin Photographs by Giovanni Giannoni Armani Privé 11 27 JANUARY 2016 RAMI KADI What better source for spring couture could there be than the goddess of spring herself? Rami Kadi looked to Chloris, the spring nymph abducted and later married by Zephyrus, whose story Sandro Botticelli captured in one of his most famous paintings: the “Primavera.” The all-white, all-lace collection, with an abundance of feathers, bird and angel wing motifs, was a hopeful one, said Kadi, “given all the change that is happening in the world right now.” The theme could have easily gone riot, but Kadi opted for clean, controlled silhouettes enhanced by light capes. Impeccably executed technical embroideries added little pops of color. The young couturier has a penchant for experiments, here, baking sequins “like chips” in the oven for a foil effect that was implemented via hand-stitch work. He also embroidered delicate jute branches as perches for his birds — swallows, chickadees and orioles — that were braided out of different knots, raffia, ribbons, metal threads and tiny beads. — PAULINA SZMYDKE AOUADI Period dressing is becoming somewhat of a signature for Yacine Aouadi. Following his Victorian-inspired debut last season, for spring the young couturier from Marseille mixed Twenties silhouettes with athletic, modern cuts. Consider a ruffled Charleston dress boasting racer back, styled over sheer organza bottoms — part track pants, part sexy long johns. Yet the silhouettes were secondary to Aoudi’s unique craft and talent for embellishment. The shy newcomer bedecked his corsets, gowns and negligees with belts and cuffs of handmade nylon bubbles that were embroidered with tiny beads before they were stitched to fabrics via dainty metal threads. Elsewhere, a sensual silk organza robe was built like a puzzle from separate panels of fabrics held together by some 700 glass beads that served as ornate buttons. Fortunately, the presentation was held like an exhibition, allowing viewers to catch the quintessential details. — P.S. STÉPHANE ROLLAND Stéphane Rolland staged his couture show oldschool style. The designer assigned each look a name and number, announced by an MC as the models sashayed through the couturier’s private salon on Avenue George V: “Number 1. La Damnation de Faust. Black silk crepe jumpsuit and pleated organza sleeves…” and so on. Yes, Rolland drew inspiration from the opera and the ballet, the first exit co-opting the title of Hector Berlioz’ famous work. And yes, the silhouettes at times assumed theatrical proportions, as seen on a maxi tutu gown or a wildly pleated skirt rendered in multiple layers of lipstick red. But overall, the designer toned the drama down a notch versus previous seasons. A bare-back jumpsuit with a long trail was a humble and modern compared to Rolland’s habitual knack for XXL-embellishments and walking sculptures. Novelty came via a collaboration with textile designer Marta Mantovani, who thought up a jagged, 3-D textured suede fabric encrusted with little crystals. It skewed futuristic, an interesting foil to the collection’s luscious silk and tulle bottoms. — P.S. Photographs by Giovanni Giannoni and Dominique Maître Aouadi Rami Kadi Stéphane Rolland 12 27 JANUARY 2016 MEDIA Fashion GPS, Augure Combine as Launchmetrics Fashion GPS has merged with the Paris-based firm that specializes in influencer marketing. Michael Jais and Eddie Mullon. BY RACHEL STRUGATZ Fashion GPS has merged with marketing firm Augure, creating a new high-tech player at New York Fashion Week that will not only help manage RSVPs and seating charts, but will analyze the reach of social media influencers in the front row. The combined company will be based in New York and rebranded as Launchmetrics, with 1,700 clients spanning 70 countries. Altogether, it will have about 200 employees and offices in Los Angeles, Paris, London, Madrid, Girona and Hong Kong. A Milan office will open in March and the company will enter Japan later this year. Augure, which collects data on social influencers and helps brands put it to work, will be integrated into the Fashion GPS product line as GPS Publisher, according to Michael Jais, chief executive officer of Augure, who will lead the merged company as ceo. This product will be part of Fashion GPS’ existing offerings that include GPS Sample, GPS Events, GPS Styles and GPS Radar — all of which are designed to streamline the process of sample trafficking, overseeing an online showroom and managing events and fashion shows (from sending out invitations to manning the guest list to seating). Rates vary, with some services costing as little as $5,ooo per year and going up to $500,000 depending on the size of the business and how many of Fashion GPS’ services are used. Jais and Fashion GPS founder Eddie Mullon, who will serve as president of the combined firm, can pool their resources and coordinate fashion show logistics and follow through by tracking the social reach of attendees. Such data can help brands better bring their products to market, whether this means accelerating the production cycle, activating relevant influencers during a launch or increasing internal efficiency. “It is now critical for brands to stay ahead of trends, quickly bring product A visual from Christopher Kane’s spring 2016 ad campaign. ON BOARD Joanna Coles is upping her tech cred. The editor in chief of Cosmopolitan, who also serves as editorial director of Seventeen, joined the board of directors of Snapchat in early December. Snapchat confirmed the news but would not reveal more details about other members or the editor’s powers on its board. Asked about the publishing company’s policy regarding editors serving on boards of media partners, and whether it poses a conflict of interest, Hearst president David Carey said: “Here at Hearst, potential board roles are reviewed on a case-by-case basis. I’m very pleased that Joanna is on the board of directors of such an important and ascendant technology company.” Coles has played a central role in building Hearst’s relationship with Snapchat. Cosmopolitan was one of the original properties on the social media site’s Discover platform when it launched a year ago. Over the summer the editor in chief hinted at the special project on a panel at Cannes Lions where she interviewed Snapchat cofounder and chief executive officer Evan Spiegel. That project turned out to be Hearst’s recently launched channel “Sweet,” which lives in Snapchat’s Discover panel and is run by Luke Crisell, a former editor in chief of Aritzia. Coles has also been in talks to develop a magazine with Airbnb, and she is in the process of developing a TV show with NBC based on the “real life” of an editor and her colleagues at Cosmopolitan magazine. The show, which is penned by “Parenthood” executive producer Sarah Watson, is said to be in contention for the 2016-17 season. — ALEXANDRA STEIGRAD FRINGE FACTOR Christopher Kane has unveiled his brand’s first ad campaign, shot by Harley Weir and styled by Joe McKenna. The ads show the British model Alice Buckingham wearing a multicolored fringed dress from the designer’s spring 2016 collection. It also shows a detail of the model’s hand inside a transparent patch pocket, like a scientific sample. The ads were shot on a minimalist indoor set in London, a fitting backdrop for a collection that was full of graphic impact, graffitilike shapes, and lace dresses done in Stabilo colors. “I look forward to experimenting and building my brand image through this medium; it’s an exciting time for us,” Kane told WWD. The campaign will break in the March editions of U.K. and international publications, including Vogue. It’s the start of a big year for Kane: Next up is the launch of his first e-commerce site. — SAMANTHA CONTI MODEL CITIZEN Bill Wackermann, the former publisher of Condé Nast Traveler, has been named chief executive officer of Wilhelmina International Inc. A Condé Nast veteran who spent more than 20 years at the company in various publisher roles at Glamour, Traveler, W, Details, Bon Appétit and Brides, Wackermann joined Wilhelmina on Tuesday. He succeeds former ceo Alex Vaickus, who has stepped down. Wackermann told WWD that his background working in fashion, luxury and beauty make him a natural fit for the job even though he has never held a ceo role. “If you think about the worlds that models live in, it’s editorial and working with editors,” he said. “And advertising plays an important role. Who books the campaigns?” Wackermann pointed to his connections with editors, advertisers, marketers, photographers and stylists, offering: “It’s all symbiotic. This industry is all about relationships.” “There’s an opportunity at Wilhelmina to create opportunity for our talent,” he said, explaining that the agency is in the “business of fulfilling dreams” for young models and entertainers. Mark Schwarz, executive chairman of Wilhelmina International, agreed, touting Wackermann’s fashion and beauty expertise, adding: “We have a shared vision for the future of the agency. Bill’s proven track record and drive will bring fresh perspective to our growth initiatives.” Joanna Coles When asked what his biggest challenge may be, the new ceo said: “Wilhelmina is a publicly-traded company. Coming from a privately-held company, there will be a learning curve.” He was of course referring to Securities and Exchange Commission fillings and Bill Wackermann public disclosures. For the third quarter ended Sept. 30, Wilhelmina posted total revenues of $21.8 million, up 9.4 percent over last year. Net income for the quarter rose 98.5 percent to $6.7 million, or 11 cents a diluted share. — A.S. Coles photograph by Thomas Iannaccone ● to market, create exposure with the right timing and be able to measure how it impacts their business,” Mullon said. “Through this product, you can see the impact to the consumer. These people sat in the room, and not only do they have an audience, but we can tell you who the audience is and how they’re engaging.” Mullon said the overwhelming majority of brands that participate in New York Fashion Week are using his company’s technology “in some way as part of their show process.” The firm, which has more than 300 clients, partnered with Mercedes-Benz in 2010 to simplify and connect all elements of fashion week. Fashion GPS also helps brands launch their products and manage their supply chain. The six-year-old Augure business tracks 200 million people and helps brands identify relevant influencers. Jais said the firm analyzes “influence” by three key metrics: exposure, or audience; echo, or how much an individual has been retweeted (or linked to) and share of voice, or the area they speak to. “Data enables brands to accelerate their launch to market products and enables them to maximize their exposure thanks to influencers,” Jais said. “It’s not about who is an influencer — it’s the value of them and how a brand can identify their value. To understand the value and measure it, you have to consolidate the channels.” Fashion GPS has raised $4.8 million and Augure, which declined to say how much it’s raised overall, closed a round of $16 million in March. Additional fund-raising under the Launchmetrics umbrella is planned for next year. 14 27 JANUARY 2016 Long-Lost Sisters Bond Over Wine The siblings launched EcoLove in 2010 and followed up with their Truvée label in 2015. The reunion story of long-lost sisters Andrea and Robin McBride stems from exactly the person you’d imagine would be involved in such a tearjerker: Oprah. “We grew up on opposite sides of the world, not knowing about each other, thinking that we were only children,” says Andrea, the younger sibling at 33. It wasn’t until their shared father — they have different mothers — was close to passing away that he told family members of his daughters. Then the hunt began. “This is ‘94, so no Google, no Facebook,” Andrea says. “One of [my dad’s] brothers came home from work one day and sat down to watch TV and an Oprah episode came on. She was featuring private detectives who knew how to find people who owe you money or how to find misplaced loved ones. So he took pen to paper and wrote down these instructions. It took about five years, and then Robin received a letter in the mail.” The first time they met was at LaGuardia Airport in New York. “I thought I was looking in a mirror,” recalls Robin, who at the time lived in Atlanta and worked in marketing. “Then I realized it was my sister.” In an effort to make up for lost time, Robin relocated to Marin County in California and Andrea attended the University of Southern California, where she could spend every other weekend with Robin — often over a glass of wine. “Coincidentally, we both grew up in wine regions,” says Andrea, who was raised in Marlborough, New Zealand, working on her uncle’s vineyard, while Robin, 42, grew up in Monterey, Calif. “For me, wine was just part of the culture where I grew up, and as I got older, I started enjoying it like everybody enjoys wine,” says the elder McBride sister. “My experience of being out in the elements — you know, super cold in the morning, super hot in the middle of the day, basically just laboring out there — it wasn’t enjoyable but I think definitely gave me a real appreciation for what goes into making wine,” Andrea says. “We would grow the grapes and harvest them, but then the winery would buy the grapes from us so you never really got to see the actual finished product. It wasn’t until later that I started drinking with my sister that it kind of came full circle.” When Andrea was still a junior at USC, the entrepreneurial sisters started their first business — an import company bringing boutique New Zealand wines to the states. “We were super naive. We had really good products, but we didn’t know not to just walk into Wolfgang Puck and be like, ‘Hey! Buy this wine,’” Robin says. “We were pretty brazen, but we had super high-quality products.” Within three years, they were supplying more than 100 restaurants in California. “It gave us great insight into the business of selling wine,” Andrea says. “People think about starting wine companies as quite a romantic idea, but you need to build a business plan, and that business plan has to filter back to what you’re going to grow, how you’re going to make the wine, how much you’re going to spend on barrels, different things like that.” It also gave them access to consumers. “We could see who was being ignored — and it was definitely women and people of color,” Andrea continues. With that in mind, they started EcoLove in 2010, a sustainable wine company sourcing grapes from vineyards within the Wairau, Waihopai and Nelson Valleys in New Zealand. They describe their wine, which under EcoLove includes a riesling, sauvignon blanc and pinot noir, as food-friendly, meaning they’re not overly tannic or extracted (which happens when the grapes are left on the vine for a long period of time so the sugar and alcohol contents are high). “It’s kind of a Robin and Andrea McBride derogatory term with sommeliers, but we make cocktail wines,” Andrea says. “Our philosophy is that we’re all about balance, structure and elegance.” Not wanting to be pigeonholed to the Pacific Southwest, in early 2015 they launched their second label, Truvée, using vineyards along the Central Coast of California. “Our generation is pretty promiscuous when it comes to wine drinking — you’re not going to stick to just one brand — and so our hope is when you want your New Zealand fix you come to us, and if you want the Central Coast of California, you can come to us for that, too,” Andrea says. This month, they’re introducing a rosé to the chardonnay and red blend they’re producing under Truvée (retail price hovers around $15 for all three). The pink fizzy beverage — easy, approachable, and much-loved by women — is representative of their overall view on winemaking. “It’s an old boys club, for sure,” Robin says. “We definitely got second-guessed a lot,” adds Andrea. “You have to prove yourself more, I think, than you would if there was a guy sitting next to you. We have had to go above and beyond, but it hasn’t been a bad thing because I think with most makers, there’s a natural obsession that comes with what you make. It’s cool because we can sit back and people are like, ‘Oh, wow we’re surprised at the quality of your wines.’ Which is kind of a backhanded compliment.” The McBride sisters aren’t bothered. Beginning this year, they’ll be offering wine seminars at various speaking engagements to educate fellow imbibers — without any of that “pretentious bulls--t,” Andrea says. “The initial attraction to wine for both of us was, if there’s wine around, it’s usually a fun, happy time. There’s no drama, just a good vibe.” Styled by Sherri McMullen, Owner/ Buyer of McMullen Boutique in Oakland, California. — ALLY BETKER Anna Cleveland unleashed. David Koma and Virginie Courtin-Clarins Lucky Blue Smith Rita Ora, Noomi Rapace and Olivia Palermo were among attendees at the dinner on Sunday night in Paris’ Caviar Kaspia. Rita Ora, Noomi Rapace and Olivia Palermo were among attendees at the dinner thrown by Stylebop and Next on Sunday night at Paris’ Caviar Kaspia. The hosts were Leila Yavari, fashion editor and buying director of the luxury fashion Web site, and the talent agency’s president of Europe, Saif Mahdi. The pair held the first such event last year. “We made it despite the storm,” said Palermo after arriving with her husband Johannes Huebl, referring to the massive snowstorm that had snarled the East Coast of the U.S. “I am looking forward to the shows — Schiaparelli, Giambattista Valli, Elie Saab and Valentino.” Back in New York before fashion week kicks off there, Palermo, who was sporting a Tibi top and Proenza Schouler skirt, is to launch her first collection with Nordstrom. Other guests at the Paris event included Anthony Vaccarello, Roland Mouret, Alexandre Mattiussi, Olympia Le-Tan, Ellen von Unwerth, Cécile Cassel, Caroline Vreeland and Caroline de Maigret. “Tonight we want to celebrate Paris. We want to celebrate my jacket, as well,” Mahdi told guests, referring to his striking, glittery Saint Laurent number. “Saif and I work with incredible talents,” Yavari added, thanking the agency president. “There are so many people in this room who owe their career to you. You’re a champion of diversity in the fashion industry. That’s desperately needed.” Over Caviar Kaspia’s smoked salmon, Vreeland said she just shot for three days in Los Angeles with Von Unwerth for Leica’s S magazine. “It was wild: Marilyn Manson spit in the mouth of a 16-year-old girl — Meredith Mickelson. He’s wilder than me for sure,” she said. Meanwhile, Ora shared confidences with Palermo. “We’ve seen each other a few times,” said the singer, sporting a Versace minidress. “Girls have to support girls,” added Palermo. Would Ora like to become an actress like some other attendees at the dinner? “That would be amazing one day,” she said. Speaking of actresses, hair stylist John Nollet said he’ll be busy over the next few days working with Uma Thurman, who went to the Ralph & Russo show on Monday. Meanwhile, rising French actor Jesse Rémond Lacroix said his contract as an ambassador for Viktor & Rolf has just been renewed. Géraldine Nakache is busy promoting her new film “Et ta soeur,” a French Rita Ora and Olivia Palermo remake of “Your Sister’s Sister.” She plays the same role Emily Blunt did in the other version. The actress is also working on her third film as a director starring Leïla Bekhti, who is also a L’Oréal Paris face. “It’s about sorority,” she said. “Leïla is like my younger sister.” Rapace, wearing Moschino, showed Polaroid photos that she took while in Paris. “I don’t post them. I stopped doing Instagram,” noted Rapace. After Caviar Kaspia’s signature potato and raspberries paired with vodka, everyone took to their feet — dancing. — LAURE GUILBAULT McBride photograph by Patrick MacLeod; Stylebop by Stéphane Feugère Stylebop and Next’s Paris Bash 15 27 JANUARY 2016 BEAUTY BUSINESS Data Security Impacts Consumers’ Decisions ● More than a third of shoppers have chosen not to buy from a company over concerns about privacy in the last year. Further, more educated, higher-earning consumers are more likely to stop buying from a business because of a data breach. Among respondents, about 22 percent reported that they no longer purchased products or services from a company because of a reported data breach. A deeper dive reveals that the key demographic of better educated, higher-earning consumers react most negatively to this scenario, with 33 percent of people at an “upper income” level (defined as $100,000-plus) and 28 percent with an undergraduate or postgraduate education stopping to buy from a business because of a data breach. According to the study, identity theft remains consumers’ number-one RETAIL Duty-Free Store Opens in Tokyo’s Ginza ● The new shop, which bows Wednesday, is located on the eighth floor of Mitsukoshi Ginza, which is already a consumer destination for many international tourists. Photograph by Shutterstock/Creativa Images; Procter & Gamble Co. by George Chinsee BY KELLY WETHERILLE TOKYO — Duty-free shoppers are no longer relegated to last-minute purchases at the airport. Isetan Mitsukoshi Holdings, Japan’s largest department store operator, is opening a duty-free store in the heart of Tokyo’s busiest shopping districts. The new store, which opens Wednesday, is located on the eighth floor of the Mitsukoshi Ginza department store, which is already a shopping destination for many international tourists. Isetan is teaming up with the city’s airport authorities and NAA Retailing Corp. for the project. The 35,500-square-foot floor includes sections for cosmetics, alcohol and tobacco, and artisanal Japanese products, as well as individual stores for nine luxury brands including Tiffany, ● The SK-II skin-care brand fared well, offsetting declines for Olay. BY ALLISON COLLINS BY LISA LOCKWOOD Americans are rethinking their buying decisions as a result of threats over identity theft, credit card hacks and other cyber assaults, according to a new study by law firm Morrison & Foerster. In recent years it has become increasingly evident that privacy presents real business risks that have the potential to negatively impact a company’s bottom line, from the legal fees associated with a data breach to a decline in revenue stemming from a loss in consumer trust. Last November, Morrison & Foerster conducted an online survey of more than 900 consumers across the U.S. to gauge their attitudes and concerns about various privacy issues. The results were released two days before Data Privacy Day on Thursday. Over the last few years, heightened concerns over cyber attacks have followed major breaches at stores such as Target, Neiman Marcus and Home Depot, as well as breaches at federal government agencies. Among the key findings of the study are that more than a third of consumers have chosen not to buy from a company because they are concerned about data privacy in the past year. Among those identifying themselves as vigilant on privacy issues, 82 percent boycotted a company over such concerns, up from 54 percent when the survey was conducted in 2011. P&G Beauty Sales Drop 10% in Quarter Jimmy Choo, Bottega Veneta and Balenciaga. It houses the first Boucheron duty-free store in the world, as well as the first Valentino and Saint Laurent duty-free stores in Japan. Customers to the store will be asked to present their passports and air tickets or itineraries at the central reception counter. Anyone flying out of Japan from one of Tokyo’s two airports (Narita and Haneda) within one month will be able to shop at the store, and they can pick up their purchases from the duty-free counter at the airport after checking in for their flight. Products available for purchase at the store range from Japanese whiskey and cigarettes to handmade teapots and top-of-the-line watches by brands such as Citizen and Seiko. Some brands, such as Origins, are not currently available elsewhere in Japan, while brands including Albion are not available at other duty-free stores in the country. Yasuhide Yonemoto, senior managing director of Japan Airport Terminal, said the store is targeting 2,000 customers per day, roughly 80 percent of whom are expected to be non-Japanese. The number of overseas visitors anxiety, with more than 50 percent of the respondents calling it their top concern, far overshadowing fears over right to privacy and other issues. This compares to 20 percent who responded this way when the survey was conducted in 2011. But some 24 percent of consumers believe that no business is perfect in safeguarding their information. As difficult as the private sector has had it on cyber-trust issues, the government may be faring worse, with nearly three times as many respondents (37 percent versus 13 percent) saying they trust private business on data security more than the government, with the remaining 50 percent trusting them equally. to Japan increased 47 percent last year, according to preliminary figures released by the Japan National Tourism Organization. This drastic increase in tourism in the country has helped to boost sales at department stores, which have been stagnant in recent years due to the changing buying patterns of Japanese consumers. Chinese tourists are flocking to countries like Japan and South Korea for shopping. Nomura research analysts Daisuke Fukushima and Kentaro Maekawa said the increase in international visitors to Japan is “having a positive impact on the Japanese economy by increasing consumption at commercial facilities and tourist sites frequented by overseas visitors and raising hotel occupancy and room rates,” in a recent research report. While the duty-free store at Mitsukoshi Ginza is the first of its kind in Tokyo, it will not be alone for long. The Tokyu Plaza Ginza Building, a development with 5.8 million square feet of floor space that is due to open on Mar. 31, will house a Lotte duty-free store, which will be the largest airport-style duty-free store in Japan’s capital. Isetan Mitsukoshi Holdings reported net profit for the six months ended Sept. 30 jumped 78.1 percent, thanks to increased sales and lower tax payments. Both profit and sales exceeded the retailer’s own forecasts. The retailer has been diversifying into new, smaller retail formats. Last year it opened a multibrand boutique called Isetan Salone in Tokyo’s Roppongi district. Proctor & Gamble Co. reported $16.9 billion in net sales for the second quarter of fiscal 2016, a 9 percent decrease yearover-year. Foreign currency exchange rates are negatively affecting P&G’s numbers, the company says. “We’re operating in a more volatile environment than we ever have,” chief financial officer Jon Moeller said. P&G estimated that its 2015 net sales were negatively impacted by about $4.8 billion in “unfavorable foreign exchange fluctuation compared to 2014.” For the quarter, net sales for beauty were down 10 percent, to just under $3 billion. Organic beauty sales increased 1 percent. In beauty, lower organic sales volume was offset by price increases. “Organic sales increase in personal care and the super premium SK-II skin-care brand were partially offset by organic sales declines of the Olay brand,” the company said. P&G is in the process of selling 41 beauty brands to Coty in a deal that should close in the second half of this year, Moeller said. The company is shedding non-core assets to simplify its product portfolio and holding on to highgrowth and high-margin brands. P&G acknowledged portfolio “cleanup” as a driver of lower sales volumes. Grooming sales for the quarter decreased 10 percent year-over-year to $1.8 billion; health care net sales were down 5 percent to less than $2 billion; fabric care and home care net sales were down 7 percent to $5.3 billion, and baby, feminine and family-care sales decreased 10 percent to $4.7 billion, the company reported. P&G said it has increased prices to make up for lower sales volumes. P&G said net earnings of continuing operations for the quarter rose 35 percent to $3.2 billion from $2.4 billion a year earlier. In the six-month period, net earnings from continuing operations rose 33 percent to $5.8 billion from $4.4 billion. The company’s stock price rose 2.6 percent to $78.81 Tuesday. Core earnings per share were $1.04, a 9 percent increase year-over-year from 95 cents. Excluding the impact of foreign exchange, currency-neutral core earnings per share increased 21 percent in the first quarter. Reported gross margin increased 170 basis points. Reported operating profit margin was up 340 basis points, and core operating profit margin was up 350 basis points, including a net 40 basis points of negative foreign exchange impacts. P&G is expecting full-year organic sales growth in the low single-digits. Core earnings per share are expected to be down 3 to 8 percent because of foreign exchange impacts. Procter & Gamble Co. (hair, skin and body care, makeup, fragrance). 17 27 JANUARY 2016 Blanca Li Cara Delevingne Iggy Azalea Delevigne and Azalea photographs by Stéphane Feugère; Li by David Fisher; Rowe/Banhart by Franck Mura PET CAUSE Move over, Choupette. There’s a new celebrity pet in town. Cara Delevingne caused a stir at the Chanel couture show in Paris on Tuesday by showing up with her dog, Leo. The start of the show was held up by a few minutes as handlers took the excitable puppy backstage (the sight of the set, featuring a lawn made of real grass, was apparently too tempting). No word so far on how Leo gets on with Chanel supremo Karl Lagerfeld’s cat Choupette. Also at the show were Diane Kruger, Gwyneth Paltrow, Monica Bellucci, G-Dragon, Inès de la Fressange and Clémence Poésy. Kruger will be seen later this year in “The Infiltrator,” a crime drama based on the real story of the federal agent who busted drug kingpin Pablo Escobar’s money-laundering operation. The movie is set in the Eighties, which meant the actress — who plays a cop — had to sport a winged haircut and some dubious outfits. “I want to say they’re gorgeous, but they’re pretty hideous,” Kruger said. Nothing to do with Michelle Pfeiffer’s iconic look in “Scarface” then? “There’s a little bit of that, because we go undercover, so I dress up. There’s some glamorous gowns, but my wedding dress is not what I would choose to get married in,” she said. Kruger has a full slate for 2016. She will star opposite Ellen Page in a movie based on the real story of Sylvia Beach, the founder of legendary Paris bookstore Shakespeare and Company, and her lifelong partner Adrienne Monnier. After that, Kruger will play Catherine Deneuve’s daughter in a French-language movie. Meanwhile, G-Dragon is branching out as a businessman. The Korean pop star and his Big Bang bandmate Taeyang have reportedly invested more than $2 million in two subsidiaries of their management company, YG Entertainment: YG Plus and Code Cosme International, also known as Moonshot Cosmetics. So does he see himself becoming a designer? “If I’m going to be the designer, I just want to make a new culture, kind of like young generation,” he said in English, before going on to expound in Korean, relayed by a translator. “In the past, I saw music and fashion and art as a little bit separate. Nowadays, you see a lot of musicians coming together with artists, or fashion coming together with artists. They’re all three coming together. So moving forward, I see that happening a lot more and for me personally, I really enjoy bringing those three together and experiencing new things this way,” he said. Bellucci also has a busy year ahead. She is set to hit the small screen stateside soon, appearing in an American TV series, although she was keeping mum on the details. “It’s a first for me,” the “Spectre” star admitted. Also on the cards is wrapping up Emir Kusturica’s “On the Milky Road,” due out this May. “Shooting with him has [taken] three years,” she said of working on the movie, a love story set during war in which Kusturica also stars, marking the first time he has acted in one of his own movies. “I have to be ready for everything with him, because he’s like a painter when he works.” Mélanie Laurent described her upcoming movie, the third she will direct, as more “ambitious” than her previous work. Starring Gilles Lelouche and Maria Valverde, the film will be shot in Oman, France and Spain starting in late March. “The subject is too complicated to sum up, but I can tell you it will be filmed under water,” she said. Sitting demurely next to Paltrow, British actress Ellie Bamber is a rising talent. The redhead has just wrapped Tom Ford’s latest feature, “Nocturnal Animals,” in which she plays the daughter of Jake Gyllenhaal and Isla Fisher. Bamber also had a lot of fun filming “Pride and Prejudice and Zombies,” out next month, in which the classic novel is given a supernatural spin. “It’s like a regeneration of the text and makes it new for a younger audience,” said Bamber, who studied Jane Austen’s famous novel at school and plays the character of Lydia Bennett. “A new generation is going to enjoy it, and hopefully they will go back and read the original book.” French actress and singer Alma Jodorowsky, who stars in “Kids in Love” alongside Delevingne, had music on her mind, namely the impending album of her pop duo Burning Peacocks. “I just finished recording my album yesterday. Now I have to do the mixing and all that,” she said. The disc, due out later this year, is a collaboration with Nicolas Godin and Jean-Benoît Dunckel of Air. “It was great to have a third element participating in the creative process. They added color,” she said. — JOELLE DIDERICH AND ALEX WYNNE TIME OUT Iggy Azalea had popped over to Paris especially for the Armani Privé show on Tuesday before heading home to put the finishing touches on her new album, due out later this year. “I’ll see a few more shows tomorrow,” she said. “I though I’d better stay another day because that would be insane otherwise.” For the first single off the album, Azalea will be heading to Croatia soon to shoot the video. “I like Croatia for its landscapes, so we’ll see some of that. It’s atmospheric,” she said. “I have lots of big crazy ideas for music videos.” Other guests at the show included Juliette Binoche, Charlotte Rampling, Isabelle Huppert and Olga Kurylenko. Binoche was taking some time out after a busy year, which included 100 performances in classic play “Antigone.” “I’ve been working an awful lot, so my next project is to get some rest,” she said, although she admitted she is also reading some scripts for potential future projects. During her downtime, Binoche revealed she enjoys “simple things” like going shopping and cooking for her kids. What’s on the menu? “Last night I made them monkfish curry,” she said. Rampling is also looking toward what’s next after her appearance in “45 Years,” for which she is nominated for an Oscar for best supporting actress. “Projects are coming up but I haven’t decided yet,” she said. “Inspiration comes like a form of magic; you don’t know what package something is going to have when you see something or you read something, and quite often it’s not the one you think was going to attract you, it’s another one.” — ALEX WYNNE ALL THE RIGHT MOVES It’s a good thing there were no leather bags on the runway at the Giambattista Valli couture show on Monday night, or they might have come under the scrutiny of front-row guest Livia Firth. The eco campaigner, whose brand consultancy Eco-Age developed the Green Carpet Challenge seal, is heading to Brazil on a mission. “I’m going to the slaughterhouses and the tanneries to look at the supply chain,” she said, declining to say which brands source skins there. Choreographer Blanca Li said her latest show, “Goddesses and Demonesses,” which premiered in Paris over the holidays, is to move on to Madrid soon, and eventually Italy, Russia and New York. In it, she wears costumes by Azzedine Alaïa, Jean Paul Gaultier, Stella McCartney and Sophie Theallet. — MILES SOCHA “Oh, mine would be Camille,” he exclaimed. The singer is about to finish an album, which will probably be released this summer. “It has no name. I need help!” he said. “Do you have any ideas?” Les Bains pulsed with revelers, many of whom opted to enclose themselves in a cage-like structure (think warehouse elevator) in the center of the room, where their images were taken against a New York cityscape that serves as the backdrop of the new Poison Girl ad. The pictures, in turn, were transmitted to social networks and could be printed out, as well. Among attendees at the bash was designer Hugo Matha, who just launched his men’s accessories line and said he would be introducing a women’s ready-to-wear collection in September. Ali Mahdavi is also juggling numerous projects simultaneously, including work on the next Dita Von Teese show at the Crazy Horse, where she is to appear for the third time. For Von Teese’s “Undress to Kill” number, he said they’re using technology such as mapping “to do what we hope will be the striptease of the 21st century.” Mahdavi shared his poison pick. “Oh, with no doubt: opium,” he said. For Blanca Li, it’s a tamer evil – chocolate. Other guests at the Dior party included Nicolas Ouchenir, Aymeline Valade and Catherine Baba. The new floral gourmet scent, concocted by François Demachy, director of olfactive development at LVMH Moët Hennessy Louis Vuitton, targets a younger audience than the original Poison from 1985. Poison Girl’s notes include Sicilian bitter orange, Rose of May from Grasse, Damascena rose, Venezuelan tonka bean, vanilla and Sri Lankan sandalwood. The perfume was just released in the Middle East, prior to its launch in Europe and South America in early February. — JENNIFER WEIL PICK YOUR POISON Dior took over Paris nightclub Les Bains on Monday night to celebrate the launch of its new fragrance, Poison Girl. Flanking each side of the ground floor were giant projected images of the advertising film lensed by So Me – and its making-of – starring Camille Rowe. “It was shot all at night, and I go to bed so early that it was very difficult for me to stay up. There was a lot of crazy caffeine nights,” Rowe said with a laugh, explaining that often she gets into bed at 9:30 p.m., reads for an hour and then is fast asleep. The model to start filming a French movie on Feb. 1, but remained mum on further details. If she had to pick a poison, what would it be? “I picked it already,” she said with a smile. “It’s nicotine – and love.” For his part, Rowe’s beau Devendra Banhart, who was chatting with her folks, offered up his preferred poison without skipping a beat. Camille Rowe and Devendra Banhart