Iman to Co-Host 'The Fashion Show'

Reuters

Supermodel Iman has signed on to co-host the second season of Bravo's "The Fashion Show" with designer Isaac Mizrahi. The fashion competition series returns later this year. Iman, the wife of David Bowie, began her career in 1975 and today is the founder and CEO of IMAN Cosmetics, Skincare and Fragrances.

Seattle Fashion Week has an international flavor in 2010

Seattle Times

Forget New York, Milan and Paris: The designers of Seattle Fashion Week come from India, Somalia, Dubai, Romania, China, Iran — and, of course, Seattle — and they don't feel obligated to follow trends started by the big-name fashion houses. In fact, they feel those houses would be wise to look to the West Coast for inspiration.

Designs hitting the catwalk will include the usual casual urban streetwear, outerwear and couture gowns, plus colorful saris and other designs influenced by Asia and Africa.

"Our big twist this year is international designers who want to showcase in Seattle," said Janet Tinsay, one of the show's organizers. The expanded lineup is part of an effort to broaden the event's influence and celebrate the cultural diversity of Seattle's designers and the city in general.

"These are all very established designers," Tinsay said.

The event has also moved to a bigger venue, WaMu Theater at Qwest Field, which will house a daytime Beauty and Lifestyle Fashion Expo where fashion fans can wander among displays and shop before attending one of the runway shows.

The international designers' work will be on display and for sale at the expo, as will items from Seattle-area vendors.

Runway-show admission prices have gone up this year, but ticket holders will get free admission to the expo (admission to the expo without a show ticket is $10, with half the proceeds going to the Seattle Brain Cancer Walk).

Three days of runway shows start on May 13 with an opener dedicated to emerging and independent Seattle designers. They include Banchong Douangphrachanh, one of whose designs was worn by singer Lady Gaga in her "Pokerface" music video.

Tinsay notes that a number of designers from the Pacific Northwest have done well in recent "Project Runway" TV-show contests (Seth Aaron Henderson, the most recent season's winner, is from Vancouver, Wash.; during Season 5, winner Leanne Marshall was from Portland; and Seattle's Blayne Walsh also made a good showing), so the emerging designers might offer a taste of what's to come in the fashion world.

Bigger names and more mainstream designers will show their latest work on May 14, and established and international designers will showcase theirs on May 15. Olympic speedskating champion and "Dancing with the Stars" celebrity Apolo Anton Ohno will walk the runway in designer clothing on May 15.

While some talent agencies provide models for the shows, many of the models will be amateurs who answered an open casting call. The shows will also feature entertainment by local performing artists. Tinsay says in previous years, both models and performers have gotten contracts with agents who saw them at fashion week.

She says the show will allow anyone, fashionista or not, a chance to see cutting-edge design. "This show will bring them the experience of the best of couture," she said.

Qatar Holding buys Harrods

Gulf Times

 

Egyptian-born businessman Mohamed Al-Fayed has sold prestigious London department store Harrods to Qatar Holding, the main investment arm of the Qatar Investment Authority.

A spokesman for Lazard, which advised the Al Fayed family trust, declined to confirm the value of the deal. But according to news agencies, the deal is reported to be worth around £1.5bn ($2.3bn).

“After 25 years as chairman of Harrods, Mohamed Al-Fayed has decided to retire and to spend more time with his children and grandchildren and believed Qatar Holding would continue to promote it as a luxury brand,” Lazard chairman Ken Costa said yesterday.
“Qatar Holding was specifically chosen by the trust as they had both the vision and financial capacity to support the long term successful growth of Harrods,” he added.

Harrods is a luxury department store located on Brompton Road in Knightsbridge, London. The Harrods brand applies to other enterprises undertaken by the Harrods group of companies, including Harrods Bank, Harrods Estates, Harrods Aviation and Air Harrods.

Qatar Holding will be the fifth owner of Harrods since its creation in 1840.

The Prime Minister and Minister of Foreign Affairs Sheikh Hamad bin Jassim bin Jabor al-Thani, also chairman of Qatar Holding, said yesterday: “Our latest acquisition forms part of our efforts to realise the vision of HH the Emir and HH the Heir Apparent of the State of Qatar. Harrods generates good and stable returns as a business; it will add much value to our international portfolio of investments.”

He said that Qatar Holding would do “its best to upgrade this monument, to make it even greater and better for the tourism and the British people”.

Al-Fayed, who also owns Europa League finalists Fulham Football Club and the Hotel Ritz Paris, gave Sheikh Hamad bin Jassim a short tour of the store.

Qatar Holding vice chairman Dr Hussain Ali al-Abdullah said: “Our latest acquisition is truly magnificent. Such a rare opportunity does not arise every day and today we celebrate this landmark transaction.”

Qatar Holding managing director and CEO Ahmad Mohamed al-Sayed said: “This acquisition further expands our global portfolio of world-leading companies.

“We are delighted to announce that Mohamed al-Fayed has accepted our invitation to become honorary chairman of Harrods. We look forward to working with Michael Ward, Harrods managing director, and the outstanding team that Mohamed Al-Fayed has assembled to continue to maintain Harrods as the world’s pre-eminent luxury retailer.”

Credit Suisse advised Qatar Holding on the transaction.

Texas Man's Identity Used in Jimmy Choo Purse Spree in Palo Alto

Mercury News

 

 

In a crime reminiscent of a Citibank identity theft commercial, Palo Alto police on Sunday nabbed two San Francisco men who allegedly stole a Texas man's information, opened up a credit account in his name and went on a designer-fashion spending spree at Nordstrom in the Stanford Shopping Center.

John Santner, 44, and Michael Catalano, 49, were pulled over in a white Dodge van filled with more than $5,000 worth of Jimmy Choo purses, Hugo Boss shoes and other trendy accessories, Palo Alto police Agent Rich Bullerjahn said. They allegedly also had crystal methamphetamine.

Each suspect was booked on felony counts of burglary, identity theft, drug possession and theft, according to police records. Santner, already on parole, was also booked with giving false information to an officer, after he allegedly claimed to be the man whose name was on the credit card.

Officers weren't about to fall for that, Bullerjahn said. Security officers at Nordstrom had already called the identity theft victim, who assured them he hadn't been buying any Jimmy Choo purses in the Bay Area recently.

The suspects were caught thanks to a suspicious store clerk and a sharp-eyed young cop, Bullerjahn said.

The Nordstrom clerk was wary because Santner pulled out a recently issued temporary credit card to pay for all the fancy clothes, Bullerjahn said. The clerk notified security officers, who soon confirmed the identity theft — though Santner and Catalano were already on their way out by then.

A security officer had spied the pair leaving the shopping center and getting into the Dodge van, Bullerjahn said. Palo Alto police headed to the area, and Officer Brad Young saw the car heading westbound on Sand Hill Road near Oak Creek Drive. He pulled over the van, and a security officer soon arrived to identify the suspects.

Police recovered from the vehicle all of the clothes that had been purchased at Nordstrom, Bullerjahn added.

It wasn't Santner's first arrest on identity theft charges. According to a San Francisco Chronicle article from April 2007, he was one of a trio picked up at a Marriott Courtyard Hotel on charges of manufacturing and using counterfeit credit cards after a hotel custodian found partially completed driver's licenses in a garbage can. They were also charged with methamphetamine possession.

It was not immediately clear whether Santner was convicted in that case or whether that was the source of his parole status.

Burberry Forges Ahead with Beauty Range

The Independent

 

As announced by the British success brand last year, Burberry will launch its line of color cosmetics this July, joining a big list of fashion labels that have introduced their own-brand beauty collections recently. So how will it be different?

First of all, products won't be updated every season as opposed to most other ranges be it fast-fashion like Topshop's new line (out May 5) or high-fashion like Dolce & Gabbana's new makeup collection. Instead, creative head Christopher Bailey will start with close to 100 'classic' items for the face, lips, cheeks, and eyes, and then introduce novelties when the time feels right.

"Like the trenchcoat, [the range] can be worn anywhere and at any time," Bailey told Women's Wear Daily. "When we feel it needs a new pop of something, we will start adding things and that will all flow with fashion, as well."

Secondly, judging from the exemplary activity on social media such as Facebook and new website launches such as The Art of the Trench, it is safe to expect a beauty brand that will interact with its customers a lot, and Bailey confirms that the new collection is "completely integrated with everything else we do with the brand and with the company."

The range, which will simply be called Burberry Beauty - a fitting name given that the brand's iconic trenches and check pattern did not only influence the packaging but also the actual product colors (trend-wise, it's a good time to launch beiges and nudes) - will be priced from $25 - $56.

San Diego: Fashion Valley Saks Fifth Avenue Closing

The San Diego Union-Tribune

 

 

Come July, we’ll be Saks-less in San Diego.

Saks Inc., the luxury retail chain, is shuttering its store at Fashion Valley as it pares down underperforming locations to boost its bottom line.

“The planned closing of our San Diego store is consistent with our strategy of focusing our resources on our most productive stores,” said Steve Sadove, chief executive of Saks.

In March, Saks said it would close its store in Portland, Ore., by July as well.

The closing of Saks Fifth Avenue, which occupies about 81,000 square feet, leaves a big hole in Fashion Valley’s luxury aspirations. The mall was one of the few shopping centers in the country to house four of the most notable high-end department stores — Nordstrom, Bloomingdale’s, Neiman Marcus and Saks Fifth Avenue.

Les Morris, spokesman for Simon Property Group, which operates Fashion Valley, said Saks’ decision to leave was not unexpected. The company plans to divide the space and lease it to a number of smaller retailers, he said. While he said they’re was plenty of demand for the space, he could not yet disclose who would take it or how it would be divvied up.

He did say that Fashion Valley would continue to focus on high-end retailers that do not already have stores in the San Diego market.

“This gives us the opportunity to redeploy that space,” he said. It is not the first time that Saks Fifth Avenue, which occupied the Fashion Valley location since 1995, has closed a store in the San Diego market. In 2004, it closed its underperforming stand-alone La Jolla store.

The question is: why couldn’t Saks Fifth Avenue make it here?

The answer is simple, said George Whalin, president of Retail Management Consultants in Carlsbad.

“We just don’t dress the way people in New York, Chicago and San Francisco dress,” he said.

Whalin said too often retailers assume San Diego is like the rest of the Southern California market. But San Diegans are much more casual than our counterparts. He attributed that to the weather and the region’s top industries — tourism, defense and technology — which are not necessarily known for their emphasis on sartorial splendor.

“We just don’t dress like they do in L.A.,” he said. “We just don’t dress like they do in Orange County.”

Barbara Wyckoff, an analyst for Jesup & Lamont, wrote in a research note, that Saks’ San Diego location probably generated less than $10 million a year in revenue.

Whalin said for a store of that size to break even, it would need to pull in double, even triple, that amount.

The Fashion Valley store has about 70 employees, and the company said they will be offered a transfer or receive a severance package.

Saks has 53 Saks Fifth Avenue stores and 55 of its outlets stores called Off 5th, including one on Camino de la Reina in Mission Valley. Saks said it had no plans to close its San Diego Off 5th store. California is home to six Saks Fifth Avenue stores, with the closest locations being in Mission Viejo, Costa Mesa and Palm Desert.