Editions de Parfums leases Upper East Side flagship site
New York City French perfume retailer Editions de Parfums has leased 800 sq. ft. at 898 Madison Ave., in Manhattan, as the company’s flagship location in North America.
The ground-floor space in a landmark, circa early 1900s cooperative apartment building was brokered by The Lansco Corp., New York City, for the landlord 19 East 72nd Street Corp.
The retailer’s fragrances are currently located only at Barney’s New York locations across the country.
“The landlord was looking for a very special retailer that would be in keeping with the character of both the building and neighborhood to fill this space,” said Alan Victor, an executive VP of Lansco, a member of the X Team Retail Services Network, who represented the landlord in this transaction along with Lansco director Amie Claps.
Editions de Parfums was founded by Frederic Malle with the idea that perfumers should be able to create fragrances without any limitations in creativity, budget or resources. Malle encouraged his expert perfumers to treat fragrances as works of art and created Editions de Parfums to showcase and reveal their talent to the public.
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Glass retires from Wal-Mart board
BENTONVILLE, Ark. Former Wal-Mart president and CEO David Glass has chosen not to stand for re-election to the company’s board of directors at Wal-Mart’s annual shareholders’ meeting on June 5.
Glass joined Wal-Mart as EVP finance in 1976, was elected to its board a year later and named president in 1984. He succeeded the company’s founder Sam Walton as president and CEO in January 1988 and remained in that position until retiring in January 2000.
Michaels hosts Mother’s Day craft events
IRVING, Texas Michaels announced it will host a week of free Mother’s Day events May 2 through May 10.
The events, in all U.S. and Canada stores, will feature Michaels’ Top 5 Mother’s Day personalized projects: picture frames, decorated T-shirts, jewelry, cards and paper flower bouquets. Other workshops include keepsake corsages, keepsake plates and coupon books moms can redeem with her kids for chores and favors.
“We know families are very busy and these free workshops will give them an easy, convenient and inexpensive way to make Mother’s Day special on any budget,” said Michaels’ chief marketing officer Stuart Aitken. “Our customer survey showed that more than 90% of people said a thoughtful, handmade gift would be valued, and moms especially treasure gifts made for them by their children.”
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