When you think of fashion, you also think of beauty, they’re like two peas in a pod. After expanding into men’s wear, WWD reported that Net-A-Porter decided to bring a beauty line into their luxury site, launching on March 20. Beauty brands will include 3Lab, Aesop, Beauty Works West, Chantecaille, Ilia, James Read, Joya Ames Soeurs, Le Metier de Beaute, Natura Bisse, Philip B and Sarah Chapman.
Allan Bensoussan, the managing director of Verotrade, told WWD that acquiring Lamarthe, French leather good brand, will “bridge the gap” for consumers. Verotrade, an accessories and fashion group based in France has acquired the leather goods company and has plans to add their items into stores and also expanding the brand.
The acquisition will not get rid of the Lamarthe brand, instead, Verotrade hopes to build the brand into their consumer’s shopping base. Verotrade hopes to develop stronger strategy, build the overseas market, and open six to ten Lamarthe stores. The Laarther brand will live on with it’s commercial director, Bertand Gignoux.
Jean-Marc Loubier to Take on Day to Day Operations
Created in 1968, the bright colored rocker vibe luxury brand was created to rebel against the typical Parisian dress code by breaking boundaries and rules with extra-short skirts, provocative necklines, and deconstructed seams. Nathalie Rykiel will leave the day-to-day running of the brand to Jean-Marc Loubier, Fung Brands Chief Executive and a past executive of Celine, Louis Vuitton, and Escada. Loubier plans on keeping Rykiel’s brand identity, telling WWD, “It has a status (in terms of fashion notoriety) which does not correspond to its worldwide presence. It has extraordinary potential.” Rykiel will be positioned as Chairwoman of the company.
Wanted to share some of the Articles and Write-ups on the Conference. There are more to come which I’ll keep updating as they hit the news stands/computer screens.
IN a setting reminiscent of a speed-dating bar scene, but with no promise of even a first date, much less a long-term relationship, more than 20 fledgling fashion companies pitched their talent, their drive and their ideas to an audience of potential investors at the Fashion Institute of Technology last week.”
“Focus on your product initially, not necessarily on advertising. That’s the advice Gilt Groupe founder and chief executive officer Kevin Ryan gave to entrepreneurs who were making pitches to potential investors at FashInvest’s Second Annual Capital Conference on Wednesday, held at the Fashion Institute of Technology.”
“A little while back I shared the news of FashInvest. This conference is a unique forum for fashion start-ups to attend lectures and critiques by influential industry players and investors. They pitch their new business ideas, getting immediate feedback from venture capitalists….”
“In this economy, getting funding for a fashion startup is no cinch. So firms pitching investors at the FashInvest Capital Conference on Wednesday need to choose their words carefully. Last year, at the event’s debut, only 15 contenders were selected to hit up 60 investors. This year, 25 hopefuls, culled from 125 applications, will face the room…“Next year, we’ll need a larger venue,” predicted FashInvest co-founder Karen Griffith Gryga.”
“Last week, Reuters reported that venture capital investing in e-commerce rose from $1.06b in 2010 to $2.39b in 2011. That increase in interest and in dollars spent was evident at last week’s annual Fashinvest Conference. The conference was organized by Fashinvest, a platform whose goal…”