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12 Apr

Gucci’s Ultra-Luxe Private ‘Salon’ Store Concept Debuts in L.A.

Gucci’s Ultra-Luxe Private ‘Salon’ Store Concept Debuts in L.A.
MICHAEL BUCKNER/WWD Gucci has launched its first ultra-luxe Salon store concept in L.A., complete with fresh-off-the-red-carpet gowns. The 4,380-square-foot space is on the prime corner of Melrose Place and Melrose Avenue in an ivy-covered constructing that for years was occupied by Marc Jacobs. He first put the sleepy, leafy street of antique dealers on the luxurious fashion map when he opened his store there in 2005, resulting in the arrival of Bottega Veneta, Balmain, Chloé, Oscar de la Renta, Marni, Golden Goose and plenty of more on what’s develop into certainly one of L.A.’s toniest industrial thoroughfares. There’s even a Caviar Kaspia now. The large Gucci billboard on top lends visibility to the brand for anyone driving by. However the Gucci Salon will...
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10 Apr

Gucci Salon Ultra-luxe Private Store Concept Debuts in L.A.

Gucci Salon Ultra-luxe Private Store Concept Debuts in L.A.
Gucci has launched its first ultra-luxe Salon store concept in L.A., complete with fresh-off-the-red-carpet gowns. The 4,380-square-foot space is on the prime corner of Melrose Place and Melrose Avenue in an ivy-covered constructing that for years was occupied by Marc Jacobs. He first put the sleepy, leafy street of antique dealers on the posh fashion map when he opened his store there in 2005, resulting in the arrival of Bottega Veneta, Balmain, Chloé, Oscar de la Renta, Marni, Golden Goose and plenty of more on what’s turn out to be one in all L.A.’s toniest business thoroughfares. There’s even a Caviar Kaspia now. The large Gucci billboard on top lends visibility to the brand for anyone driving by. However the Gucci...
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5 Apr

Revlon to Exit Bankruptcy as a Private Company –

Revlon to Exit Bankruptcy as a Private Company –
Revlon is about to emerge from bankruptcy later this month as a non-public company and without Ronald Perelman at its helm, now that a federal judge has approved its plan. The business had been traded on the Latest York Stock Exchange since 1996, when owner MacAndrews & Forbes took it public. But through Revlon’s newly approved bankruptcy plan, ownership stakes will likely be handed to secured lenders, while existing shareholders, including MacAndrews chairman Perelman, who controlled around 85 percent of the corporate as of earlier this yr, will likely be left with nothing. Through the plan, the troubled 90-year-old Latest York-based beauty company that owns the namesake Revlon, Elizabeth Arden and Almay brands will eliminate greater than $2.7 billion in debt...
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