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26 Nov

Saks Parent HBC Raises $340M Through ‘Real Estate Monetizations’

Saks Parent HBC Raises 0M Through ‘Real Estate Monetizations’
HBC has used its property savvy to secure one other $340 million in money that could be used to bolster its retail operations — and chief executive officer Richard Baker can also be using the sale as a possibility to underscore his company’s real estate backbone. “HBC is a holding company,” Baker told WWD in what become a Sunday explainer on his business empire. “Our largest business is our real estate business. Everyone seems to have forgotten that I used to be an actual estate guy, still am, and that HBC is primarily an actual estate company. We own $7 billion value of real estate.  “We recurrently monetize, on a pre-organized campaign, our real estate assets,” he said. “We have now a...
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14 Nov

A Miu Miu Holiday, Rating Retail Real Estate, The

A Miu Miu Holiday, Rating Retail Real Estate, The
HAPPY MIU YEAR: Remember the packed, multipocketed bags paraded last month on the Miu Miu spring 2024 fashion show? They're about to get fuller. Miu Miu is to release its complete holiday campaign, offering a greater look to its extensive gifting collection crammed with festive options across ready-to-wear, accessories and lifestyle items. Logoed hair clips, velvet slippers and even a branded hot-water bottle appear next to the label’s glam apparel and signature matelassé leather bags. For the primary time, the corporate also collaborated with Polaroid and Marshall on co-branded tech items, including a camera with logoed strap in addition to headphones and speakers in a black leather Miu Miu case. The Miu Miu holiday gifting collection. While prices for the tie-ups will range from 650...
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3 Jun

Comfortable 97th Birthday Marilyn: Fleur du Mal Partners with

Comfortable 97th Birthday Marilyn: Fleur du Mal Partners with
In recognition of what would have been Marilyn Monroe’s 97th birthday on Thursday, luxury lingerie brand Fleur du Mal and the Marilyn Monroe Estate have partnered on a collaboration, delivered to life through the photography of Bert Stern. The gathering draws inspiration from Stern’s photography and Monroe’s most memorable film costumes, photo shoots and red carpet ensembles. Stern, who died in 2013 on the age of 83, was one among the last photographers to shoot Monroe, in June and July 1962 for Vogue. Monroe died in August 1962 on the age of 36. Fleur du Mal and Marilyn Monroe collaboration. Morgan Maher, courtesy of Fleur du Mal. “It was such a delight for us to attract inspiration from Marilyn Monroe, probably the most iconic...
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16 Feb

André Leon Talley Estate Sale Racks Up $1.38 Million

André Leon Talley Estate Sale Racks Up .38 Million
André Leon Talley Estate Sale The late André Leon Talley’s boundary-breaking fashion journalism helped people embrace and buy fashion, and Christie’s live sale Wednesday of things from his estate had an analogous effect. Interest in Talley’s life and influence on aspiring fashion and design professionals has continued since his death last yr on the age of 73. When the ultimate gavel was lowered Wednesday on the auction house’s Rockefeller Center outpost, the in-person sale of The Collection of André Leon Talley was a whole sellout. The entire tally was $1.38 million — well exceeding the presale estimate of $321,100 to $455,900 — and the entire lots were sold. Thirty percent of bidders were latest to Christie’s and greater than 40 percent of the...
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