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Nordstrom Canada: What's Ahead DAILY EDITION OCTOBER 20, 2016 1 Spreading Out Fit at 70 Combo Beat Saks Fifth Avenue opens its Doneger Group is marking Paul Smith will combine his first freestanding 10022-Shoe seven decades of tracking the men’s and women’s shows store in Greenwich, Conn. changes in fashion and retail. in Paris come January. Page 4 Page 9 Page 3 Fashion. Beauty. Business. BUSINESS Nordstrom Canada: What’s Ahead ● The retailer is in the early innings of its Canada rollout. BY DAVID MOIN TORONTO — How far will Nordstrom Inc. take its Canadian expansion? For sure, there have been hiccups as well as upside surprises — some seasonal misses and shipping challenges, along with better-than-expected designer sales and tourist turnouts. The Nordstroms also say their two-year- old Canada business is operating above plan and that they have an “opportunistic” approach to real estate that could take the store count beyond the six full-line stores and five Rack off-price units already set. “You’ve got to get scale so you can leverage that and create opportunities for CONTINUED ON PAGE 10 FASHION Tommy Hilfiger’s Tell- All: “American Dreamer” ● The designer describes the setbacks and comebacks in building a global lifestyle brand. BY LISA LOCKWOOD Tommy Hilfiger has seen his first com- pany go bankrupt, watched as his own brand became a hip-hop sensation and then just as rapidly shunned, built it back RainSlick anoraks are one of the leading outerwearMan trends for spring. The up again after it was sold and dealt with it being sold a second time. In his personal protective rainwear classic has made a comeback in semisheer nylons, life, he’s been divorced, remarried and stretch silks and performance fabrics, with color-blocked designs and bold seen his children struggle with disease and special needs. He’s mingled with rock stars prints that make it a must-have outerwear staple. For more, see pages 5 and 6. and celebrities, bought major artworks, traveled the world and lives in lavish homes in Greenwich, Conn., Miami and Mustique. Throughout it all, Hilfiger has remained an “American Dreamer.” And that’s the title of his surprisingly honest new mem- oir, which is subtitled “My Life in Fashion & Business.” In the book, the designer chronicles the highs and painful lows (both personally and professionally) of building Den Im’s nylon anorak and a megabrand that combined his love of Tomas Maier’s nylon trunks. Photograph by Joshua Scott; Grooming by Amanda Wilson; Model: Lane McAllister at IMG; Styling by Luis Campuzano Luis at IMG; Styling by McAllister Amanda Wilson; Model: Lane by Grooming Scott; Joshua by Photograph CONTINUED ON PAGE 7 OCTOBER 20, 2016 3 FASHION Paul Smith Set to Combine Shows TOP 5 ● The designer is taking his combine its men’s and women’s collec- women’s show on the road — tions on one catwalk, although it has yet TRENDING to say whether it will show to the men’s ON WWD.COM to Paris — combining it with or women’s schedule, while Dsquared2 his men’s runway outing. will show its men’s and women’s collec- tions during Milan Men’s Fashion Week. BY SAMANTHA CONTI Bottega Veneta showed men’s and wom- en’s together in October and its creative LONDON — Paul Smith is taking his wom- director Tomas Maier indicated it may en’s show on the road — to Paris — com- continue to do so in seasons ahead. bining it with his men’s runway outing Paul Smith said because the women’s for the first time as part of a new strategy, collections have always had a direct WWD has learned. design association with the men’s - and a Smith’s co-ed catwalk show will take traditional focus on tailoring - it was natu- place Jan. 22 and bridge men’s fashion ral to show the collections together. week and Paris Couture shows. The The announcement comes nearly a British designer, whose women’s shows year after Paul Smith revealed plans to usually take place during London Fashion streamline his labeling in a bid to simplify Week, said it’s a natural step. his offer in the eyes of consumers and “As an independent business, we can strengthen the core name. be very agile and address the changes Beginning with fall 2016 the designer in the evolving market in interesting consolidated his seven collections under ways,” said Smith, adding Paris is where two labels, Paul Smith and PS by Paul he launched his brand in the Seventies. Smith. “Exciting times ahead!” Paul Smith includes ready-to-wear, First Lady According to the company, the show footwear and accessories for men and will close Paris men’s fashion week and women. Smith’s handwritten signature Michelle Obama open Paris Couture. logo appears on the labels and of the While Smith may be a Nottingham, men’s and women’s collections, which are Wears Versace England, native with his company Sir Paul Smith both shown on the runway. headquarters based in London, Paris has PS by Paul Smith is more accessible in For Italian State always been part of the DNA of his busi- On receiving the French award, Smith terms of product, price and distribution ness. His first shop, which opened in Not- talked about his 40-year relationship with and includes clothing, denim, footwear Dinner Featuring tingham in 1970, was called Paul Smith France and Paris in particular. “I’ve had and accessories for men and women. It is Vêtements pour Hommes — not that he 80 fashion shows in Paris and five shops. presented four times a year in Paul Smith Plenty of spoke much French at the time — and six Outside of Paris I’ve got strong relation- showrooms worldwide. years later he showed his first men’s wear ships all over the country. It’s a wonderful Last year, Smith also reorganized his American Talent collection in Paris. honor to receive this accolade.” design studio, naming the company’s ● Chef Mario Batali Since then, he’s been showing his Smith has become the latest London first creative director, Simon Homes. The prepared the evening’s meal, men’s collection in the French capital designer to combine his men’s and wom- men’s and women’s teams now sit next to and has five boutiques there, as well as a en’s collections on one catwalk. Burberry each other, sharing fabrics and working which is expected to be the French headquarters. staged its first see-now-buy-now co-ed in parallel. Obamas’ final state dinner at Earlier this year, the designer received show last month while during the June Smith remains the majority share- the Légion d’honneur, France’s highest dis- men’s shows in London, brands including holder, with a 60 percent stake in his the White House. tinction, in recognition of his career-long Coach, Sibling, Bobby Abley and Agi & namesake company, while Itochu, his ties with France. His official title is Officier Sam all showed women’s wear. longtime Japanese licensee, holds the ● Zac Posen Helps Delta in the Order of the Légion d’honneur. Starting next year, Gucci plans to remaining 40 percent. Unveil His New Uniform Designs Manufactured by Lands’ End BUSINESS He also called the market estimates of ● Eddie Borgo Joins Tiffany 2.45 billion euros, or $2.69 billion, for & Co. As Collaborator Carrefour’s earnings before interest and Carrefour Stock Rises tax this year “still achievable.” ● Agnese Landini Wears “As far as the guidance is concerned, Ermanno Scervino I think we have clearly a market situa- To U.S. State Dinner tion with strong competition on prices, On Q3 Sales Increase promotion, [a] slow consumption ● Drunk Elephant: Beauty’s ● Revenues at the world’s stood at 3.1 percent, up from an increase environment that is present today and in Next Acquisition? of 2.7 percent in the second quarter. this context as a leader we have decided second-largest retailer Investors responded positively to the to gain foothold,” he continued, adding advanced 1.1 percent in the quarterly results, pushing Carrefour stock that’s being done “with a more aggres- period, beating financial up 4.7 percent by the close of the Paris sive approach, price promotion, loyalty NEWSMAKERS analysts’ estimates. Bourse on Wednesday to 24.57 euros, or program, communication.” $26.95 at current exchange. Carrefour said it closed or disposed of This Week’s Most BY JENNIFER WEIL “Overall, Carrefour showed good 126 stores in the third quarter, bringing its Talked About Names momentum illustrated by a return to total network to 11,812 as of Sept. 30. PARIS — Carrefour SA stock advanced like-for-like growth in France, over chal- During the first nine months of 2016, In Our Industry strongly on Wednesday after the company lenging comps, with good performance the retailer registered sales of 62.33 reported a rise in sales during the third in food,” said Pierre-Jean Sivignon, billion euros, or $69.57 billion at average quarter, boosted by business in Latin Carrefour’s chief financial officer, during exchange rates, down 2.4 percent in America and an improvement in France, a call with bankers and journalists on reported terms and up 2.9 percent on an its largest market. Wednesday morning. He was referring to organic basis. Revenues at the world’s second-big- the 1.2 percent sales rise in the compa- Looking ahead to the fourth quarter, gest retailer behind Wal-Mart Stores ny’s home market. Sivignon expects markets will remain Inc. advanced 1.1 percent during the The executive also highlighted the competitive, while Carrefour continues three months ended Sept.
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