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9 Sep

Addiction Tokyo Readies U.S. Launch With Bloomingdale’s – WWD

Prestige makeup is getting a latest player. Addiction Tokyo, the fashionable Kosé Corporation-owned makeup brand, is making its U.S. debut, starting Friday at Bloomingdale’s. Prices for eye, cheek, nail and lip products, which include its hero eye shadows available in greater than 90 shades and 6 textures, range from $10 to $52. Taking the brand Stateside is a component of Kosé’s larger strategic goal of penetrating the U.S. market. As reported, the corporate goals to quadruple the U.S. business by 2026. Akira Matsubara, CEO Kosé America; executive director accountable for marketing strategy division, Europe and America business division of Kosé Corp. said the launch suits his game plan for hitting those sales targets. “The primary [priority] is to amplify the Japanese approach to beauty and...
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19 May

Lester Gribetz, Master Merchant, Former Bloomingdale’s Vice Chair, Dies

Lester Gribetz, a former Bloomingdale’s vice chairman and for a long time a highly respected and talented retail executive immersed in the house furnishings and cosmetics industries, died Thursday morning at his home in Manhattan along with his husband by his side. He was 93. “Lester was a special and rare human being,” said his husband, Andy Peters, who confirmed Gribetz’s passing. “His open heart and type, caring nature captured everyone he got here into contact with. He was also a talented, once-in-a-generation merchant, which guided him from folding towels at Bloomingdale’s just out of the military to becoming vice chairman of the shop.” “He was a master merchant with an ideal eye,” said Jack Hruska, the previous executive vice chairman of...
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