Construction is to resume in July on Streets of Buckhead, a $1.5 billion luxury development in Atlanta’s toniest neighborhood. Developer Ben Carter, who halted the project in March, said 20 retailers, including Oscar de la Renta, Van Cleef & Arpels, Brioni and Etro have signed leases. Streets of Buckhead, planned for a seven-block area, is to feature 600,000 square feet of retail space, along with 350 rental apartments. Carter said he’s using the lull in construction to renegotiate building costs, with the savings making up “for the downtime in construction.” From WWD Issue 05/22/2009
African American Women SHOP A LOT, Duh!
Last week, Essence held its annual Smart Beauty panel at the Mandarin Oriental in NYC. Panelists included Sam Fine and Mikki Taylor. The event found that
African-American women spend $7.5 billion annually on beauty products, but shell out 80 percent more money on cosmetics and twice as much on skin care products than the general market, according to the research.
WHY? African-American women sample many more products to find the ones that are most effective on their skin. She'd rather purchase aspirational products like Chanel and Versace over brands rep'd by celebrities. "She spends a lot, but there's little satisfaction. What keeps us buying is the hope that this product will do what it's supposed to do," says Fine
Fashion Gaming with Pat McGrath
“Coming Soon: The Fashion Week Video Game” – “A Fashion Week video game is coming out next year. Created by 505 Games, IMG, and world-renowned makeup artist Pat McGrath, the game will offer players a "true insider's point of view" of Fashion Week. It will include ‘world-class industry gurus,’ models, and celebrities, and will be available for the iPhone and for Nintendo, Microsoft, and Sony consoles. Women ranging in age from pre-teen to mid-thirties are the target audience.” (New York Magazine’s The Cut) Louis Vuitton Learns to Twitter
“Louis Vuitton gets twittering” - “With this new presence on Twitter, we hope to provide not only additional customer service to our clientele, but also a unique look at all aspects of Louis Vuitton”. - according to Daniel Lalonde, president and chief executive officer of Louis Vuitton US:
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