Weekend Fashion News Alert: Michael B. Jordan’s New Gig, Versace for Sale, and Bye Bye Henri Bendel

      Image courtesy of thecut.com

The House of Versace is up for sale. The company has declined to comment; however, the company, founded by the late, great Gianni Versace with sister Donatella now as vice president and creative director, could be sold to Tiffany & Co, or US fashion group Michael Kors Holdings Ltd’s as earlier as Monday morning.

Donatella has called a staff-wide company meeting for Tuesday morning. Versace is valued at $2 billion dollars.

Image courtesy of GQ.com

Another celeb brand ambassador

Actor/Producer Michael B. Jordan has a new job. Michael B. Jordan has been named Coach’s first menswear brand ambassador.

“Michael is cool and authentic, and he really embodies the Coach guy,” said Vevers in a press release as reported in fashionetwork.com. “I’ve had the chance to get to know Michael over the last couple of years. He always looks great in Coach, so it felt really natural to build our relationship.”

Michael B. Jordan will be featured in Coach’s spring 2019 global advertising campaigns for the brand’s ready-to-wear, accessories and fragrances. The job will also include special design projects with Creative Director Stuart Vevers and philanthropic endeavors with the Coach Foundation.

  Image courtesy of lasplash.com

Another store bites the dust

All good things must come to an end. And after 123 years, it is the end for Henri Bendel New York. The iconic Fifth Avenue luxury retail store will close its doors and all of its 23 stores and online store in January 2019.

Opened in 1895 by women’s hat maker Henri Bendel after he moved to NYC from Louisiana. Henri Bendel quickly began catering to NYC’s elite with its recognizable brown and white stripped shopping bags. Henri Bendel moved from its first location in Greenwich Village to the current flagship store later in the 20th Century.

Henri Bendel was the first retail stores to create its own fragrance, offer in-store makeovers, and stage its own fashion shows. And at one time Andy Warhol worked at Henri Bendel as an in-store illustrator. In the 80s, Henri Bendel opened more than two dozen stores, selling high-end handbags, jewelry and accessories and became a favorite store of celebrities.

Acquired by L. Brands Inc in 1985, in recent years Bendel’s has struggled to keep with consumers’ evolving shopping habits.

—William S. Gooch



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