Fashion News Alert: Michael Kors Acquires Jimmy Choo, Narcisco Rodriquez Exits NYFW, Pat McGrath Joins British Vogue, Kylie Jenner Launches Beauty Birthday Line, and Layoffs at Neiman Marcus

Image courtesy of fashionbombdaily.com

Image courtesy of fashionbombdaily.com

Makeup guru Pat McGrath’s star continues to rise. McGrath was recently named beauty editor-at-large at British Vogue.

“It is an honor to be part of my dear friend Edward’s [Enninful] vision for British Vogue. Throughout my career, I’ve had the good fortune to work closely with the world’s best designers, stylists, photographers, models, and creative professionals. Now I’m thrilled to be part of this extraordinary team at Vogue; pushing the boundaries of beauty and artistry, while [honoring] the past and the esteem of this prestigious publication,” said McGrath in a recent press release.

McGrath’s new role at British Vogue is a natural progression for McGrath. Early in her career, McGrath’s work appeared in British Vogue. McGrath joins at British Vogue new contributing beauty editors Charlotte Tilbury, Sal Garland, Sam McKnight, and Guido Palau.

Images courtesy of yahoo.com

Images courtesy of yahoo.com

NYFW defections

New York Fashion Week: Men’s experienced lots of defections for its spring 2018 collections. Following suit, designers are already choosing not to show during New York Fashion: The Shows (NYFWS) that is less than seven weeks away.

So far, Narciso Rodriquez joins several prominent fashion designers that will not show during NYFWS. Tommy Hilfiger and Altazurra are skipping NYFWS for Paris and London, while Ralph Lauren will stage his show out of the garage of his Bedford, New York home, using a “See Now, Buy Now” format. Monique Lhuillier, Rodarte, and Proenza Schouler opted to show their spring 2018 collections during the Paris couture shows in early July.

Narciso Rodriquez will show his spring 2018 collection on the first day of NYFWS, September 6, with private appointments.

Image courtesy of footwearnews.xom

Image courtesy of footwearnews.xom

Michael Kors expands

In a somewhat surprising move, Michael Kors is acquiring Jimmy Choo for approximately 1.35 billion. What is surprising about this acquisition is the Michael Kors brand has been struggling for several months, closing its online retail distribution center in North Carolina.

In spite of the acquisition, several key top-level executives will maintain their positions at Jimmy Choo. Pierre Denis will continue in his role as chief executive officer and Creative Director Sandra Choi will continue to lead the creative and design teams. This acquisition is expected to grow Jimmy Choo in global markets and expand the brand into other accessory markets.

Image courtesy of fashionisers.com

Image courtesy of fashionisers.com

Birthday girl

To celebrate her 20th birthday, Kylie Jenner is launching a special of ‘Birthday Collection’ via her Kylie Cosmetic beauty brand. According to an Instagram post, the collection is set to launch on August 1 on the brand’s website prior to Kylie’s birthday on August 10.

The ‘Birthday Collection’ will include two of the new ‘Ultra Glow’ highlighters, which come in gold and pink shades. Also included are four different makeup brushes, an ‘I Want It All’ palette of highlighters and eye shadows, and, of course, several of the lip colors saw her first break into the cosmetics industry. A ‘Birthday Book’ pressed powder palette will also form part of the celebratory haul. All products from the ‘Birthday Collection’ will be packaged in pink-themed, sparkly purse.

Neiman_Marcus_Stores

Job cuts

Neiman Marcus plans to cut 225 jobs due to a change in consumer buying habits and to deal with its nearly $5 billion buyout debt. This restructuring plan will hopefully help Neiman Marcus maintain its status as a high-end, luxury retail destination.

Neiman Marcus is also re-evaluating its Last Call outlet division. Neiman Marcus has already closed 3 of its Last Call stores with 37 remaining open. In early 2017 there was much talk of the sale of the luxury giant; however, in June, Neiman Marcus decided to initiate a restructuring deal and not sale the company.

—William S. Gooch

 

 

Speak Your Mind

*

Copyright © 2012-2017 | Fashion Reverie Publications, LLC - All Rights Reserved