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CROSS STITCH: The Dow Jones Industrial Average slid to its lowest level in six years Friday morning, but Thursday night the fashion flock toasted the opening of the optimistically monikered The Smile, a boutique and cafe on Bond Street. Also being feted was Wool & the Gang, a knitting collective and clothing line founded by Lisa Sabrier, Carolyn Main and Nadège Winter. Guests including Mary-Kate Olsen, Michael Stipe, Chiara Clemente, Waris Ahluwalia and Eleanor Ylvisaker perused the knitting kits and were given wool headbands and roses. “I actually don’t know how to knit,” said Erin Wasson, who will soon be headed to reprise her RVCA presentation in London.
“I prefer cross-stitching — you can do so much more. My mom taught me how to do it.” Meanwhile, designers Maria Cornejo, Thakoon Panichgul, John Whitledge, Jeff Halmos and Sam Shipley checked out The Smile’s two-level brick-walled space. The concept store was founded by Carlos Quirarte and Matt Kliegman and features a cafe and bar run by Melia Marden (daughter of Brice). According to Quirarte, the store will feature exclusive and limited edition items from the likes of Adam Kimmel and Earnest Sewn.
“It’s all just friends,” explained Quirarte, who happened upon the landmarked 1830s location after the restaurant Double Crown opted not to use it. After cocktails, partygoers like Vladimir Roitfeld, Tatiana Santo Domingo and Andrea Casiraghi and Lily Donaldson thronged the second floor of the Bowery Hotel, where Matt Creed DJ’d and the band Chief performed.