Word: owners
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That would also explain the wave after wave of superpremiums appearing on both coasts. Last year's buzziest brand was Ciroc--distilled from two varieties of grapes commonly used to make Armagnac--which is a joint venture between LVMH (owner of the champagnes Moet and Dom Perignon) and Diageo, which also owns the decidedly down-market Smirnoff. Despite Ciroc's popularity, Diageo plans to increase production from 53,000 cases to only 85,000 cases next year. "It's a question of philosophy," says Efren Puente, the brand's senior manager. "It's not about mass messages. It's about...
...Tranchesi stopped by the Balenciaga showroom in Paris to scrutinize the new season's handbags. With her honeyed mane, steely mien and enduring proclivity for body-skimming Dolce & Gabbana, Tranchesi is a familiar figure among the habitues of Europe's chicest ateliers. The Brazilian bombshell is the president and owner of Daslu, Latin America's most exclusive department store...
Defining moment: In 1957, Wada, now 70, joined Seibu Department Stores Ltd., working in the owner's inner circle. At 35 Wada was named a director...
...Matteo is also ambivalent about a career in acting, despite her success so far. Having got whacked on The Sopranos, she was happily settled into New York City life, juggling duties as a co-owner (along with an ex-boyfriend) of Filthmart, a vintage-clothing store in lower Manhattan, and producing a TV special, an homage to country singer Waylon Jennings, the father of her live-in boyfriend, country musician Shooter Jennings...
Unlike the achingly fatherless Adriana, de Matteo has close family ties. Her dad is a successful furniture-store owner, her mother a playwright. Raised in Manhattan, de Matteo attended tony private schools on the Upper East Side. Before Joey started, her parents, her boyfriend and she trekked west together in a 30ft. camper. And she is keeping her New York City place, just in case. If only Adriana had been that careful...