Bobbi Brown opening lifestyle shop
Lord & Taylor has entered into a partnership with make-up icon Bobbi Brown.
The department store retailer appointed Brown as creative consultant, and has launched an in-store shop concept, justBobbi, at select Lord & Taylor locations, including its Manhattan flagship, and online. The initiative is the first Brown has entered into since her recent departure from Bobbi Brown Cosmetics, which she founded in 1991.
Designed to give customers a 360-degree view of Brown’s life, the shop will feature merchandise ranging from wellness and beauty products to apparel and accessories that reflect Brown’s “unique aesthetic and holistic lifestyle,” according to Lord & Taylor. The space will be updated monthly with on-trend seasonal items selected by Brown.
As part of the partnership, Lord & Taylor will produce exclusive digital content with Brown every week giving customers further access to her personality and lifestyle advice. Livestreams and videos will live on Lord & Taylor social channels and Just Bobbi's networks, beginning April 21st.
"We are delighted to bring this unique and exclusive experience to Lord & Taylor customers," said Liz Rodbell, president of Lord & Taylor. "Bobbi is an iconic woman, entrepreneur and friend and we are excited to partner with her as we continue our strategy to innovate and differentiate ourselves as a retailer."
Lord & Taylor operates 50 full-line department stores. It is part of the Hudson's Bay Company brand portfolio.
Crate & Barrel CEO out
The chief executive of Crate & Barrel is out after less than two years at the top.
Doug Diemoz left the home furnishings retailer last week. Most of his responsibilities will be taken over by Neela Montgomery, board chair of Otto Group, the privately owned German company that owns Crate & Barrel, according to Crain’s Chicago Business.
Diemoz joined Crate & Barrel in August 2015, coming from Restoration Hardware (now RH) where he had served as chief development officer, responsible for developing and leading the company's global expansion efforts and emerging businesses. Previously, he was with MEXX, Williams-Sonoma and Gap.
In January, RH filed suit against Crate & Barrel accusing it of stealing trade secrets related to the operation of in-store food and beverage service. Also named as defendants in the suit were Diemoz and Kimberly Ahlheim, also a former RH executive. They were accused of stealing trade secrets and breaching contracts with their former employer.
Report: BJ’s up for sale — and being eyed by Amazon
A potential acquisition could give Amazon some leverage as it expands its brick-and-mortar presence.
BJ’s Wholesale Club is putting itself up for sale, and Amazon has expressed modest internal interest in the chain, according to The New York Post. BJ’s, which was once a public company, was bought for $2.8 billion by private equity firms Leonard Green & Partners and CVC Capital Partners in 2011.
The retailer recently planned an initial public offering, but scrapped the idea because of Wall Street’s growing worries over the retail sector, sources said in the report.
BJ’s, which operates more than 200 warehouse clubs, could help Amazon expand its increasing brick-and-mortar presence. The sale could value $4 billion for Leonard Green & Partners and CVC Capital Partners, according to the report.
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