Word: mccartney
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...make sure the opening didn't go unnoticed, al-Sabah offered members of the international fashion set free business-class flights so they could celebrate with him at a $500,000, three-day party. Some 200 of them, including Bloomingdale's fashion director Kal Ruttenstein, designer Stella McCartney and many, many fashion journalists, accepted...
When Stella McCartney quit Chloé in the spring of 2001, the fashion world wondered how the label would cope with the loss of her celebrity. A good deal of her personal fame - she's Beatle Paul's daughter, hangs out with people like Madonna and is a high-profile antifur campaigner - had rubbed off on the French fashion house. Her successor and friend, Phoebe Philo, was regarded as a talented designer, but she was not exactly a household name. The fashion world loves nothing better than a catfight; speculation immediately began about a competition between the two women...
...label's 50th anniversary, Chloé's CEO Ralph Toledano insists he has no reason to regret parting with McCartney: "Celebrity is a marketing vehicle that appeared some years ago, and it will go as it came." But others aren't so sure. "Chloé's appeal was built around Stella McCartney - her personality, her friends, her social circle," says Sagra de Rosen, a luxury-goods analyst at J.P. Morgan who covers the Richemont Group, which owns Chloé, along with Cartier, Dunhill and other brands. "After she left, it lost a bit of that appeal...
...McCartney's departure allows the label to expand into areas previously barred by her animal-rights concerns - particularly in leather goods. Chloé's new London store shows how much the company is enjoying that freedom. The lower ground floor is given over to Philo's new collection of leather shoes. The bags upstairs are already selling well. A new bracelet bag that slides over the wrist is priced between around $550 and $1,000, but that didn't stop 28 of them being sold in the first two days. The new store - a mix of marble and plywood...
Child care can be too costly for many families, said panelist Kathleen McCartney, a GSE professor...