WWD's day in quotes from today's edition.
"It is an extraordinary satellite of fashion and desire — it's opulent, shameless, magical and modern, and these are, for me, the secret words to create beauty with." — Fausto Puglisi, on Bergdorf Goodman carrying his collection this spring.
“The executive leadership has changed by more than 50 percent. It’s done with the intent of having good, fresh eyes around the business of retailing. It’s very energizing for me and the company in general.” — Karen Katz, the president and chief executive officer of Neiman Marcus Group.
“You must never have all your eggs in one basket. We inherited a historical situation where we do indeed have a lot of eggs in the Chinese basket.” — Philippe Peverelli, managing director of Tudor, the sister brand of Rolex, on the wave of new products hitting Baselworld.
“We never sold as many very, very, very important pieces in all my business history than in 2013. I think people got scared to invest in the stock market. I’m talking about $3 million to $5 million just for a purchase. They’re buying something [thinking] that, if worst comes to worst, ‘I would not lose everything.’” — De Grisogono founder and creative director Fawaz Gruos on the bevy of high-jewelry creations showcased at Baselword.
“It’s not a copy of my clothes in a less expensive [version], but the experience of a fitted dress for the Banana Republic customer. You should be able to try on a dress that fits you like a glove.” — Roland Mouret on his 25-piece collection for Banana Republic.
“I’m completely obsessed with jewelry. But I have my preferences. I do love diamonds. Who doesn’t?” — Constance Jablonski on the unveiling of Blue Book, Tiffany & Co.’s latest collection.
“The goal is to help as many designers as possible. ‘The more the merrier’ is how we look at it,” — JoBeth Tananbaum, director of the New York City Fashion Production Fund, on providing financing to emerging designer brands in NYC.
“Our active file has been declining for years. Our retention rates are healthy, but we’ve been unable to attract new customers to the brand. That style is aging and it has been one of the primary problems with our ability to drive retail traffic.” — Jill Dean, chief executive officer of Coldwater Creek Inc., on filing a voluntary Chapter 11 petition for bankruptcy.
“The addition of the men’s wear award this year signifies the strength and following of the International Woolmark Prize and its impact over the past two years across the globe." — Stuart McCullough, managing director of The Woolmark Co. , on the U.S. nominees for the 2014-15 International Woolmark Prize.