Spring Leaves
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BOOSTINGA WXEKEXD BENDETXIN PXRIX EAST TO WEST ALICERUXWXY & OLIVIA’S HXS INXUXEDSTACEY LAXVIN, FILM SOCIETY DXOR, GIVEXNCHY AXND CXMME KOREAN-OWNED MCM UNVEILS ITS SPRING BENDET HAS BIG PLANS GUCCI SPONSORED LACMA’S ANNUAL ART + FILM GALA, WHICH FORDXS HER GARXONS. $200 MILLION PAGES X TO X. DREW THE LIKES OF KATE HUDSON, LEONARDO DICAPRIO, COLLECTION IN BEIJING AS IT EXPANDS CHARLOTTE CASIRAGHI, EDDIE REDMAYNE AND MORE. PAGE 10 INTO EUROPE AND THE U.S. PAGE 8 BRAND. PAGE 5 KEY ISSUES LOOM Industry’s Election Hope: Do-Something Congress By KRISTI ELLIS and ARTHUR FRIEDMAN WASHINGTON — Gridlock or progress? That’s the question hanging over Tuesday’s congres- sional midterm elections, the outcome of which will ei- WWD ther coax progress on the industry’s key issues, involv- ing trade-preference programs and the Internet sales tax, or else more bickering between Republicans and MONDAY, NOVEMBER 3, 2014 Q $3.00 Q WOMEN’S WEAR DAILY Democrats as they battle for control and candidates begin to campaign for the 2016 presidential elections. Democrats currently hold a majority in the Senate, while Republicans have control of the House. Political experts generally feel that control of the Senate, where a third of the seats are at stake, might fall into the hands of the republicans, while the House should stay in the GOP’s control. Despite the expected outcome, industry executives remain skeptical that Congress will pass much legis- lation in the lame-duck session after the elections. They are optimistic, though, that legislation might inch forward in the first half of 2015, when the 114th Spring session of Congress begins. “To me, the things that seem big and hard but pos- sible are trade and immigration, as opposed to tax re- form [and] Social Security or Medicare reform, which are too difficult. Those will be left for the next presi- DIXON dent,” said Phillip Swagel, a professor of interna- Leaves tional economic policy at the University of Maryland. MILTON “Once the election is over, legislating will be done When temperatures start with an eye toward the 2016 election. to rise and nature blooms “People understand that, if the Senate flips, then ASSISTANT: back, Yigal Azrouël’s Republicans would try to put together votes that would have some appeal to Democrats. Republicans FASHION cotton and viscose will also have to think about what they can do to put dress makes just the pressure on the president in the direction they want right transitional without overreaching,” Swagel added. “I like to put immigration and trade on that agenda.” statement. The Retailers are hoping their top priority — a federal fix to what they argue is an Internet tax loophole — will fi- EVISNOTIMPRESSED; designer was BY inspired by nally get its day on Capitol Hill in the lame-duck session. “early surf SEE PAGE 6 CHOKER culture — this dress in particular Topshop Thinks Big With sports a BEAUTY/BA-REPS.COM; 3-D palm Fifth Avenue Flagship DIOR leaf fil coupé FOR By with faille piping DAVID MOIN HAIG detail.” NEW YORK — Topshop jumps into midtown SOPHIE Manhattan’s retail fray at noon Wednesday when the BY London-based retailer opens a four-level flagship on Fifth Avenue and 49th Street. It will be Topshop’s second-largest store, dwarfed MAKEUP only by the 90,000-square-foot flagship on Oxford Circus in London. According to sources, the London ARTISTS; site generates $250 million in revenues annually, and the Fifth Avenue store, with 33,000 square feet of sell- ing space, or about one third that of the Oxford Street CARE/LVA flagship, should hit at least $80 million in sales, being HAIR situated in one of the world’s densest retail districts. “You can just feel the foot traffic,” Sir Philip ORIBE Green, Topshop’s owner, said as he toured the site USING Saturday, encouraging his managers to make some tweaks, and greeting the bevy of personal shoppers on hand to attend to the preopening private shop- DAGENAIS ping. As he peered through a big window looking out on Saks Fifth Avenue, the Michael Kors store and the MARCEL parade of tourists and local shoppers, it was obvious BY Green loves the landscape, and the Topshop build HAIR out. “Every retailer wants to get a great site on Fifth Avenue. It’s where you want to put together a great story. We’ve been patient,” said Green, of the retail- er’s multiyear quest for a second site in Manhattan MANAGEMENT; after it opened downtown five years ago. Size matters too. “In terms of this location, we GIA/ONE can show off the range of what we do and the store is easy to shop,” Green said. “It doesn’t feel inhibited. PHOTO BY THOMAS IANNACCONE; STYLED BY MAYTE ALLENDE MODEL: SEE PAGE 4 2 WWD MONDAY, NOVEMBER 3, 2014 WWD.COM Ledru to Head Louis Vuitton Americas THE BRIEFING BOX is currently significant brand activity in the works, By MARC KARIMZADEH including the unveiling of the revamped Fifth IN TODAY’S WWD Avenue maison at the end of the month, a new NEW YORK — Louis Vuitton named Anthony Peter Marino-designed store on Rodeo Drive that Ledru president and chief executive officer of the will bow in February and the opening of a unit in Americas, effective Jan. 1. Miami’s Design District the following month. Ledru was most recently senior vice presi- “When we went out to look for a president dent, North America, at in the U.S., we wanted Tiffany & Co. Prior to that, someone who, first of all, he served as global vice Anthony had a very strong under- president of sales for Harry Ledru standing of the industry in Winston International and the U.S.,” Zanardi-Landi was at Cartier in Latin noted. “Anthony is com- America and then in the ing to us with nearly 20 U.S., where he held the years of experience in the role of vice president of U.S. and in Latin America. retail at the house’s North But also very important to American business. us, we were looking for a At Vuitton, he is strong retailer, someone succeeding Valérie who is going to be very Chapoulaud-Floquet, who close to the stores. That EICHNER left the luxury leather- is the thing we feel very Marina Abramovic and Joan Smalls in goods house in August strongly about in Anthony. Givenchy with Riccardo Tisci. For more on STEVE to join French alcoholic- He is someone who is close the Black Ball, see page 10 and WWD.com. BY beverage company Rémy to the store teams and can PHOTO Cointreau Group as ceo. inspire them.” In the interim period, SCHILDHORN/BFANYC.COM Last May, Ledru was Christopher Zanardi-Landi, JOE named in a racial-discrimi- The congressional midterm elections could create a political Louis Vuitton’s executive BY nation lawsuit filed against dynamic that propels some of the industry’s most critical issues vice president, commer- Tiffany & Co. The suit was PHOTO across the finish line — or gridlock could still rule the Hill. PAGE 1 cial activities, oversaw the dismissed in August after Americas region and worked closely with senior Michael McClure, a group director with Tiffany, and management executives. the jewelry retailer reached an agreement. Topshop jumps into Midtown Manhattan’s retail fray at noon “The U.S. is a very strategic market for us,” “My understanding is that all of those issues Wednesday when the London-based retailer opens a four-level PAGE 1 Zanardi-Landi told WWD. “It is, and always has were solved, and so we move on,” Zanardi-Landi flagship on Fifth Avenue and 49th Street. been, one of our biggest markets in the world. We noted when asked if the suit was at all a consid- have a 130-store network, and it’s one that we con- eration in the hiring process. “We were looking at Alice + Olivia is in the throes of an ambitious retail expansion, centrate on very strongly.” someone who has had a very strong career, and ev- having opened five stores in the U.S. this year, totaling 15, with a Zanardi-Landi added that Ledru is joining erybody we have spoken to in the market, from a target of 25 domestic and 50 international doors by 2018. PAGE 5 Vuitton after a strong 2014 and “tremendous suc- retailing point of view, has been very, very positive, cess with the launch of Nicolas Ghesquière.” There so that was not a bearing in our discussion.” A group of seven designers created a 25-piece collection for Rent the Runway, which is celebrating five years. PAGE 6 Michael Kors is launching a collection of phone-charging Peter Herink Tapped for Akris NA Post cases, earbuds and two chargers designed to resemble women’s cosmetics. PAGE 6 NEW YORK — Akris named fore that, the executive served as freestanding stores in New York, Peter Herink chief executive of- buyer and merchandising man- Dallas, Boston and Bal Harbor, The presentation of Shayne Oliver’s line Hood by Air at the ficer of North America. ager at Helmut Lang. Fla., with a network of upscale MoMA’s PopRally, masqueraded as a party. PAGE 8 Herink joins from Tory Burch, At Akris, Herink will over- specialty stores that includes where, for the past four years, he see the company’s business in Saks Fifth Avenue, Neiman MCM showcased a new collection outside of Europe for the was vice president and general North America, including opera- Marcus, Bergdorf Goodman and first time in Beijing, indicating just how important China has merchandise manager, global re- tion, strategic direction and ex- Nordstrom.