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MALL MADNESS?

Want a submarine ride with your retail therapy? Or skiing perhaps?

 The $4B bet to build the largest shopping center in America, even as mall vacancies climb to a 6-year high.

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AMERICAN DREAM MALL
Miami, FL

  • 2 times the size of current largest mall, King of Prussia in PA.
  • Developer estimates 30M people will visit/year – that’s 10M less than Mall of America.
  • Critics warn on traffic, pollution & mall saturation in the area.
  • Estimated to open by 2022, but permits, financing & infrastructure still needed.
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“We’re not building a mega-mall. We’re not in the mall business.”
Don Ghermezian, project developer

  • 3.5M sq ft of retail space & 1.5M sq ft for entertainment.
  • Dreamwork-themed water park, ferris wheel, & Legoland mini theme park.
  • Possible indoor ski slope, lake with submarine rides, roller coaster, aquarium & permanent Cirque du Soleil show.
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Bigger Picture:
Online Shopping Weighs

  • Malls are emptiest they’ve been since 2012 (after the recession).
  • Bon Ton, Sears, JC Penney & Toys R Us close up shop.
  • Perspective: For every person in the U.S., there is 24 sq ft of retail space. (vs. Canada 16 sq ft, Australia 11 sq ft & U.K. 5 sq ft)
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Mall of America was the first of its kind when it opened back in 1992. This new Miami complex isn't the only "destination mall" in the works. Click to see where one is opening next year & how it will compare to Miami.

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“Don’t rest on your laurels. The end result isn’t as important as the effort that goes into it. Jump all the way in. Don’t be afraid. And don’t worry so much.”

Fashion designer Kate Spade speaking to People Magazine in 2016. Spade (55) was found dead in her apartment of an apparent suicide on June 5, 2018.
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Kate Spade: Bio

  • Born in Kansas City, Missouri.
  • Started her brand “Kate Spade” in 1993 with her now-husband Andy Spade (brother to the actor, David Spade) – married 24 years.
  • 13-yr-old daughter Frances.
  • Once worked in a motorcycle bar in Arizona & as an accessories editor at Mademoiselle magazine.
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“There were a lot of lean times — Mr. Spade cleaned out his 401K to buy fabric, and used money from his personal checking account to make payroll. During shipping season, the Spades stayed with friends because boxes of handbags were piled all over their bed.”

New York Times interview, 1999. The couple launched the brand with $35,000 & at the time of this interview the company was making millions.
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Kate Spade: Business

  • The Spades sold part of their company to Neiman Marcus in 1990s & the rest in 2006; They left their official roles in 2007 to spend time with Frances.
  • Coach bought the Kate Spade brand for $2.4B last year.
  • Spade launched accessory line Frances Valentine in 2016 & officially took the name “Kate Valentine Spade.”
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“I will say this was not unexpected by me. I’d flown out to Napa and NYC several times in the past 3-4 years to help her to get the treatment she needed (inpatient hospitalization). … She was a dear little person. So dear — so kind, so funny…I’m off to bed for a good cry.”

Reta Saffo, Kate Spade's older sister in an email to their hometown newspaper, The Kansas City Star. Saffo says her sister suffered from mental illness.
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The Kate Spade brand describes itself as "quick and curious and playful and strong" - Her sister says wanting to keep up the image of her brand kept Kate Spade from treatment. It's insight from a single source, but worth reading.

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REDHEADS REJOICE!

 

 

More than 2000 emojis came before, but finally redheads (curly & white hair, too!) get their proper representation.

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150+ New Emojis

  • Expressions: smiling with hearts, woozy, hot & cold face.
  • Animals: kangaroo, mosquito, peacock, parrot, swan.
  • Foods: cupcake, bagel, lettuce.
  • Science: lab coats, DNA, magnet.

You cant use them yet! Expect a gradual rollout over several months.

Watch Now
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Now there's a redhead...a peacock...a "leg"...what emoji do you think is still missing? A flamingo and white heart did not make the list this time, despite being nominated.

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“The Party of the Year”

Celebrities & Fashionistas
Gather For the Met Gala

In the fashion world, there are few dates as important as the first Monday in May.

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Toughest Ticket in Town

The invitation-only tickets are $30K a piece & tables are about $275K, according to NYT.

All of the money from ticket sales goes to the Costume Institute, which it needs because it is the only one of the Met’s departments that funds itself.

Last year, $12 million was raised.

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Met Gala: Did You Know?

  • Pres. Trump proposed to his wife, Melania, during 2004 gala.
  • Attendees are banned from posting on social media after the red carpet.
  • Anna Wintour has final say over every invitation & attendee; each guest must be approved.
  • Under Wintour’s reign, the Met Gala has raised $145M for the Costume Institute.
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The 2018 Met Gala's theme is "Heavenly Bodies: Fashion and the Catholic Imagination." We can only guess what celebrities choose to wear for their "Sunday Best."

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‘CITY OF DREAMS’…

Gets Dream Makeover
by Tiffany’s

Tiffany & Co. will turn a select few of New York City’s iconic yellow cabs its signature robin’s egg blue.

And that’s not all…

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Historic Jeweler Promoting *New Collection*

Inspiration for ‘painting the town blue‘: Holly GoLightly

It’s “the juxtaposition of wearing a floor length gown and a tiara while holding a paper bag with coffee and a pastry. …The idea that luxury doesn’t have to be formal.”

Reed Krakoff , Tiffany & Co. Chief Artistic Officer, to Vogue
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Not Just Taxi Cabs…

  • Tiffany’s marketing strategy embraces the use of social media to promote new products.
  • Tiffany’s team handmade flowers for NYC bodegas (small corner shops) and will add #TiffanyBlue to subway stairs and metro cards for new “Paper Flowers” collection.
  • Color set to disappear from NYC streets May 4th.
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To bring people "in" to the project and help spread the brand (knowingly or not), Tiffany created an interactive map so folks can find their new pops of blue. See it here:

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The Story Behind “The Hat”

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The Designer

“There were these big security officials looking at this hat. It was kind of comical. Eventually, they had to put it through the X-ray machine. It makes me mad, but it is what it is. I have no choice. I understand the rules.”

Hervé Pierre to "Women Wear Daily" on designing the First Lady's white hat worn during Pres. Emmanuel Macron's visit.
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Backstory: “The Hat”

  • Pierre asked for extra fabric from Michael Kors (who made her white suit) and had a NY atelier make the now famous hat.
  • Why White? No explanation. Mrs. Trump wore white at State of Union address as well.
  • The color white often associated with suffragists, but as New York Times points out: Maybe she just likes it.
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First Lady Fashion

First Lady wore a one-of-a-kind dress from famous French brand, Chanel, as hostess of the first state dinner of this presidency with France. NYT described  dress as “sparkling sleeveless body armor”

“Maybe Melania Trump really is the hero of this particular story.”

Vanessa Friedman, NYT Style Writer, April 25, 2018
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Why Roll Out Red Carpet For France?

  • U.S. & France established diplomatic relations in 1778.
  • France aided U.S. during American Revolution.
  • U.S. is the largest foreign investor in France; $1B in trade.
  • U.S. & France are allies in war, terrorism (ISIS) and Iran Nuke Deal.
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Not everyone liked "The Hat" but love it or hat it, the First Lady made news with her clothes and grace during the FIRST STATE VISIT from a major U.S. ally. The French President's wife Brigitte Macron, wore Louis Vuitton the entire trip from head-to-toe.

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ICON

The Man Who Changed
Fashion Forever

He designed unforgettable looks for Audrey Hepburn, Jackie O, and more than one princess.

Hubert de Givenchy passes away at age 91.

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Givenchy & Hepburn

  • Audrey Hepburn took notice of the young Parisian designer when they were both still in their 20s.
  • He confused her with “Katharine Hepburn” & almost refused to meet with her when she arrived.
  • Givenchy designed the iconic gown in “Sabrina” & the little black dress in “Breakfast At Tiffany’s.”
Click Here: More Looks
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Advice From Givenchy

“The little black dress is the hardest thing to realize because you must keep it simple.”

Hubert de Givenchy
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FUN FACT

$923,187

What the “Holly Golightly” black dress sold for in auction in 2006.

Auction Item: 2006
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Givenchy: Backstory

  • Father died when he was 3.
  • Grandmother was the widow of a director of a chain of French tapestry workshops.
  • Rewarded for good behavior as a young boy with fabric scraps.
  • Opened his first shop at 24, using plastic mannequins because he couldn’t afford “live” models.
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Givenchy Today

  • Givenchy sold his design house to LVMH (luxury brand company – includes Louis Vuitton) in 1988; his last collection was in 1995.
  • John Galiano, Roberto Tisci, & Alexander McQueen steered brand.
  • In 2017, Clare Waight Keller named first female artistic director.
Click: Fashion Show
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"The perfect dress can make many things happen in a woman’s life. It can bring happiness. It is so nice to give happiness to your friends.” Givenchy

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High Heel Court Drama

French fashion designer and leading high-heel innovator Christian Louboutin
is back in court fighting to protect the rights to his famous red-soled shoes.

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Why This Matters?

Heel Designs May Change

  • In 2012, Louboutin sued a Netherlands shoe company to prevent it from producing red-soled shoes, citing its EU trademark.
  • Now, EU court adviser says Louboutin’s EU trademark might be invalid. A ruling is expected shortly.
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Red Sole Battle In U.S.

  • In 2012, a NY federal appeals court ruled Louboutin’s U.S. trademark on red-soled shoes was valid, EXCEPT when the shoe itself is red too – meaning the trademark doesn’t apply to red monochromatic shoes (i.e. Dorothy’s red slippers in The Wizard of Oz).
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Did You Know?

The American woman owns, on average, 19 pairs of shoes, but only wears 4 on a regular basis (Consumer Reports).

 

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Did You Know?

In 1986, when the former First Lady of the Philippines Imelda Marcos fled and went into exile, she left behind at least 1,200 pairs of shoes.

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“I don’t wear my heels in the shower or when I sleep – and I wear my little tennis shoes when I do my treadmill – but when I go out, of course I will. That’s my look and that’s how I’m always gonna be.”

Dolly Parton on rumor she wears heels in the shower (Guardian, 2011)
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