Latest news with #GaleriesLafayette
Yahoo
4 days ago
- Business
- Yahoo
EXCLUSIVE: Nanushka Pops Up in Paris, Eyes Experiential Retail Expansion
PARIS — Nanushka is planting roots in Paris — at least through winter — with a six-month pop-up opening Thursday inside Galeries Lafayette, the next big step in the brand's global growth plan. 'Paris is going to be a strategic focus for Nanushka in this upcoming period,' said cofounder and chief executive officer Peter Baldaszti. 'We know, based on data and demand for the brand, that France is a very fast-growing market for us. It felt like the right move to test the market more with a bit of a brick-and-mortar experience on a smaller scale.' More from WWD Brown Thomas Supports Homegrown Talent Robyn Lynch With Exclusive Capsule EXCLUSIVE: Fashion Rental Reduces Environmental Impact, According to New Study From The Volte Bal Harbour Shops' Roving Mini Mall on the Road Again The brand already has flagships in Budapest, London and New York, and has imported Nanushka's design DNA into an 88-square-foot physical space, a petite spot of prime real estate next to the highly trafficked Skims on the second floor of the historic department store. Anchoring the design is a hand-carved wooden totem pole featuring the house's Kopjafa symbols, a nod to the brand's Hungarian roots. Other artisan details include bespoke shell lighting, Rubelli fabric from Venice on the walls, 17th-century Italian wrought iron nails, and French plaster applied by hand. Cushions were handmade in Budapest using surplus Nanushka fabric, finished with the label's proprietary vegan leather, Okobor. 'It also allows us to start at the right scale, so it's not immediately a huge jump into flagship opportunity,' Baldaszti added. The pop-up will house three seasonal collections, pre-fall, winter and pre-spring through January, and particularly important through the holiday shopping season. The space also sets the stage for the launch of Nanushka's third handbag, the Harmonica, which will launch globally in October. Inspired by Hungarian folk music instruments, the new bag follows the success of the Origami tote and the Sandi top-handle. 'Bags are very significantly a growing part of the business for us, but we are taking slow and conscious steps on that,' Baldaszti said. 'It's one of my favorite areas of fashion. Bags are particularly interesting because they have to somehow be able to represent the whole brand universe in a very small way.' Despite being 'quite late to the bag game,' Nanushka's accessory business is 'growing in the triple digits,' he noted. 'We also tried to carve out our own niche in the space aesthetically,' he added, citing the Origami bag's distinctive silhouette and crochet detail — 'very Nanushka' — instantly recognizable but notably spared of any loud branding. Beyond product, the brand is committed to deepening its physical presence in key markets. 'E-commerce is very transactional for me, and a very pragmatic, utilitarian experience, while a physical space has to be much more — you have to touch all the senses. You have to build chemistry with the customers,' Baldaszti said. 'For Nanushka, the future is certainly in the right brick-and-mortar stores, where we can find meaningful ways to connect with customers.' Its business is 'very equally split' in thirds across e-commerce, retail and wholesale, he said. The brand bravely opened its London flagship mid-pandemic, and the U.K. remains challenging, he said. But Baldaszti still maintains confidence there. 'We still have a huge trust in that market, and we have a strong customer base.' The London flagship will undergo a facelift this fall with additional hospitality experiences. Nanushka explored experiential early on, with its bookshop-boutique-café combo in Budapest opening in 2018. 'Just experimenting with a space in Paris and connecting with the community,' he said of ideas they will be testing out. 'I think we will find new ways, when the right time comes, to enter the French market [with a flagship].' France is among Nanushka's fastest-growing markets, now expanding 'well more than double digits' across online and wholesale. The brand also maintains a presence in Le Bon Marché and Samaritaine Paris. Still, the U.S. remains Nanushka's largest market, with future plans to extend the Galeries Lafayette model to strategic U.S. wholesale partners. In China, the brand has opted for a digital-first strategy via its Tmall flagship, citing a 'quite challenging' retail environment which caused it to pull back its physical presence there, while it continues strong online performance. Nanushka's growth continues to be firmly rooted in cofounder and creative director Sandra Sandor's sustainable design ethos. 'It has become more institutional and more strategic for us after we realized that it makes sense to talk about it, because we can also influence other brands and influence customers,' Baldaszti said. Sustainability, including the use of Okobor — its proprietary vegan leather made from 56 percent recycled polyester and 44 percent polyurethane — remains an integral part of the brand's identity. The brand, which presented in Paris for fall 2022 and held a runway show in New York for spring 2025 has opted out of showing for the upcoming season, which will be bursting with big designer debuts. 'With our resources, it's kind of impossible to compete with the powerhouses,' he said, still hinting at future plans. 'But there will be a good moment for us to return to the Paris Fashion Week schedule.' In the meantime, they are 'looking into some alternative ideas on how to engage and how to present the collection' this fall, and will host an opening event in the Galeries Lafayette space in September. Best of WWD Macy's Is Closing 66 Stores in 2025 — Here's the List, Live Updates Inside the Demise of Lord & Taylor COVID-19 Spikes Elevate Retail Concerns
Harpers Bazaar Arabia
21-07-2025
- Entertainment
- Harpers Bazaar Arabia
Galeries Lafayette Dubai Makes Indulgence the Season's Best Accessory
Because sometimes, the most tasteful thing you can do is take your time. If you're looking for a reason to spend a little extra time at The Dubai Mall this summer, Galeries Lafayette just gave you one. The iconic department store has launched Tasteful, a multi-sensory in-store campaign that runs until the end of July – and it's as stylish as it is smartly curated. Designed to celebrate the art of indulgence, Tasteful is about taking a moment to enjoy the finer things – whether that's discovering a new signature scent, investing in a standout piece for the season, or slowing down for lunch somewhere that actually feels worth it. With surreal visual installations, experiential beauty stations, and personal styling zones dotted throughout the space, the campaign invites visitors to explore fashion, fragrance, and food in a way that feels fresh and effortless. The fashion edit is a highlight. Think Marni, Coperni, Cult Gaia, Ganni and more – designers who know how to strike the balance between directional and wearable. It's not about head-to-toe looks, it's about mixing and matching standout pieces that speak to your personal style. From oversized silhouettes to structured tailoring, the focus is on confidence and individuality. Beauty lovers won't be left behind either. The fragrance and skincare selection spans everything from cult favourites like Kilian, Fugazzi, and Maison Crivelli to the newly launched Prada Beauty. It's less about the hard sell, more about playful discovery – and the kind of in-store experience that reminds you why beauty shopping used to be fun. Of course, all of this is best enjoyed with a break in between. That's where Le Gourmet comes in, Galeries Lafayette's dedicated food hall on the second floor. It's the kind of space that makes it easy to turn a quick shop into a full-day affair before hitting the next edit. Even the practical details have been thought through. With digital gift cards and same-day delivery available across the UAE, Galeries Lafayette makes it easy to shop on your own terms whether you're browsing in-store or sending a last-minute gift to someone else. If you're after an excuse to treat yourself this season – this is it.
Fashion Network
15-07-2025
- Business
- Fashion Network
Galeries Lafayette group promotes three senior executives
The Galeries Lafayette group continues to reshuffle its senior executive team. After appointing Arthur Lemoine as CEO in early July, succeeding Nicolas Houzé, the French department store group has announced three promotions to senior posts from within its ranks. The first regards Guillaume Houzé, until now in charge of brand image and communication, who has been named managing director image and innovation. Guillaume Houzé, brother of Nicolas, joined the group in 2008. He has also been a member of the executive committee since 2020, and is the president of Lafayette Anticipations, the group's corporate foundation. His promotion is a way of recognising 'the work carried out in the last 15 years to position the Galeries Lafayette group as a high-calibre business and cultural player, both in France and internationally. With this new, cross-functional orientation, the group confirms its willingness to capitalise on creativity and technology in its differentiation strategy,' the group stated in a press release. Emmanuelle Greth, who joined the group in summer 2024, has been appointed head of human resources and CSR. She previously worked at Sephora, as head of HR for the EMEA region, and at Canal+ and Guerlain. Finally, Matthieu Caloni, who had been named head of finance, strategy and transformation in 2016, is the group's newly appointed CFO. His promotion follows the departure at the end of June of Ugo Supino, who had been with the group for 25 years, lately as CFO. Caloni, a graduate of the ESSEC business school who has worked at LVMH and Thom Europe, 'actively contributed to the deployment of many of the group's transformation projects in the last 10 years,' said Galeries Lafayette. All three executives will report to Nicolas Houzé, the new president of the group's executive committee. He underlined that 'by strengthening our governance with cross-functional responsibilities, and establishing clear accountability lines through Guillaume's, Emmanuelle's and Matthieu's expertise, we are laying down the foundations for a more agile, consistent and forward-looking business model.' The Galeries Lafayette group, which generates an annual revenue of €4.5 billion and employs 8,500 people, comprises the Galeries Lafayette department store chain (with 19 directly owned branches and 38 franchisees), as well as La Redoute, Louis Pion and Mauboussin. The group recently relinquished the running of the BHV Marais department store, and closed the Bazarchic e-shop.
Yahoo
15-07-2025
- Business
- Yahoo
Galeries Lafayette Names Arthur Lemoine Chief Executive Officer
PARIS — Famed department store Galeries Lafayette has named Arthur Lemoine chief executive officer, taking over from Nicolas Houzé, who steps into the role of executive chairman for the Galeries Lafayette Group. Lemoine, who has been with Galeries Lafayette for more than 15 years, previously held the position of offer and purchasing director. He will report to Houzé. More from WWD Paris Scene: What's Hot EXCLUSIVE: Ruslan Baginskiy Takes Over Galeries Lafayette Windows Haute Couture and Hospitality Inside Printemps' New Suite Augustine 'Arthur intimately understands the company's challenges and ambitions,' Houzé said in a statement. 'His strategic vision, his ability to unite and his knowledge of the fashion and retail sectors make him the ideal leader to drive this new dynamic.' Lemoine reflected on taking over the group's flagship and brand. 'I am committed to continuing our mission with the same dedication and passion, to promote an ambitious, audacious, and forward-looking retail experience, in France and beyond our borders,' he said of the 130-year-old department store. Galeries Lafayette 'showcases the best of creation to the widest audience by promoting a certain vision of the French art of living,' he added. Lemoine joined Galeries Lafayette in 2010 as a buyer in the perfume category, and rose through the ranks of the landmark retailer. He held key positions in food and beverage, including the launch of Italian market and food hub Eataly Paris Marais, as well as in the group's watch and jewelry division. In his most recent position, Lemoine played a key role in revamping the brand's offer and modernizing the historic Boulevard Haussmann flagship store. The group invested about 100 million euros in revitalizing the flagship in 2021, and Houzé said last year that there is a similar amount budgeted for modernization over the next five years. Houzé steps into the role overseeing the group, which includes online retailer La Redoute, watch and jewelry retailer Louis Pion, jewelry brand Mauboussin and the Royal Quartz travel retail division, which operates 11 stores in Paris airports. Lemoine's appointment comes at a pivotal time for Galeries Lafayette as it has rebounded from post-pandemic lows, transformed its omnichannel and digital offerings, revamped the luxury offering and created new amenities to attract tourists. His appointment signals a new phase of growth for the company, aimed at deepening its retail leadership in France while accelerating its global ambitions across both flagship locations and digital platforms. Galeries Lafayette directly operates 19 stores in France, and has a presence in Beijing, Chongqing, Doha, Dubai, Jakarta, Luxembourg, Macao, Shanghai and Shenzhen. Two stores are slated to open in India, one later this year in Mumbai and another next year in New Delhi. Best of WWD Macy's Is Closing 66 Stores in 2025 — Here's the List, Live Updates Inside the Demise of Lord & Taylor COVID-19 Spikes Elevate Retail Concerns
Yahoo
15-07-2025
- Business
- Yahoo
Galeries Lafayette Reshuffles Management Ranks
PARIS – Galeries Lafayette continues to reshuffle its management ranks in the wake of the death of matriarch Ginette Moulin. Following the appointment last week of Arthur Lemoine as chief executive officer, the French department store chain announced three senior appointments on Tuesday. More from WWD Prime Day 2025 Went Bigger on Discounts for Fewer Products Italy's Dexelance Agrees to Take a Majority Stake in Design Retailer Mohd for 44.3M Euros Ulta Beauty Acquires Space NK as It Speeds Up International Expansion Guillaume Houzé has been promoted to chief image and innovation officer, after 11 years as director of image and communications. He is also chairman of Lafayette Anticipations – Galeries Lafayette Corporate Foundation, and chairman of the ANDAM fashion prize, among others. 'With this new cross-functional role, the group is affirming its ambition to leverage creativity and technology as core pillars of its differentiation strategy,' Galeries Lafayette said in a statement. Emmanuelle Greth, formerly director of human resources and sustainable development, has been named chief human resources and CSR officer. Meanwhile, Matthieu Caloni is taking over as chief financial officer after serving as head of finance, strategy and transformation since 2016. The CFO role was previously held by Ugo Supino, who stepped down in June after 25 years at the company, signaling a handover to the fifth generation of the retailer's founding family. Guillaume Houzé is the brother of Nicolas Houzé, executive chairman of the group. Lemoine is their cousin. 'By strengthening our governance around cross-functional functions and asserting clear lines of responsibility thanks to the expertise of Guillaume, Emmanuelle and Matthieu, we are laying the foundations for a more agile, consistent and forward-looking model,' Nicolas Houzé said. 'Through these choices, our ambition is to consolidate the Galeries Lafayette group's positioning as a benchmark player in retail and creation, capable of anticipating the profound changes in our environment and carrying a sustainable, innovative and committed vision,' he added. The group has adapted its governance as it seeks to redress its business. Though sales at the flagship store on Boulevard Haussmann have returned to pre-pandemic levels, with revenues of 2 billion euros in 2024, the group's regional network continues to suffer. Galeries Lafayette sold 26 stores to embattled French businessman Michel Ohayon, while key holdings such as e-tailer La Redoute have racked up losses. Moulin last year stepped down as chairwoman of Motier, the holding company of the Moulin Family, paving the way for her son-in-law Philippe Houzé to take the reins. The company is banking on international expansion, with the planned opening of stores in Mumbai and New Delhi as part of its partnership with Aditya Birla Fashion and Retail Limited. Best of WWD EXCLUSIVE: Maje Names Charlotte Tasset Ferrec CEO Nadja Swarovski Exits Family Company Amid Ongoing Corporate Shakeup Aeffe MD Exits Fashion Group Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
