Rachel Zoe’s first contemporary collection debuted last February during Fashion Week in New York. It was announced yesterday that her entire Fall line has been picked up nationwide by Neiman Marcus. This is almost unheard of for a full debut collection to be picked up by a such a large upscale retailer like Neimans. The Rachel Zoe line will also be available at Shopbop, Nordstrom, Saks, Intermix, Kirna Zabete and Selfridges. The clothes hit stores this July and prices range from $250-$700. Will you be shutting it down in the Rachel Zoe collection this Fall?
In other fashion news…
Moda Operandi seeks additional funding. The flash sale site Moda Operandi, where nothing is actually on sale, launched during Fashion Week in February with the help of Boston-based venture capital firm New Atlantic Ventures. They are now looking for their second round of funding with hopes of reaching 100,00 members by the end of the year. Having to apply to be a member, and currently having only 15,000 members, maybe they should ease up their application process first. (via Reuters)
Tiffany & Co. partners with the CFDA/Vogue Fashion Fund. As part of a 3 year partnership, Tiffany & Co. has donated $1 million to the CFDA/Vogue Fashion Fund which will include $250,000 worth of business funding for one lucky jewelry designer. Applicants are reviewed by a knowledgable panel of judges, including the one and only Anna Wintour. The winner will be announced this summer. Finalists for this opportunity in the past include Jason Wu, Alexander Wang, and Rodarte to name a few. Basically, we have really high hopes for this jewelry designer. (via The Cut)
Balmain is launching a diffusion line. It’s been less than a month since it was announced that Olivier Rousteing would be replacing Christophe Decarnin as creative director, and they’re already set for a difussion line to launch this September. The line will be called “Pierre Balmain” after the label’s founder who started the fashion house in 1945. This collection will be designed by a separate creative team and will cater to both men and women. So does a Balmain diffusion line mean $5,000 for a jacket instead of $10,000? (via Telegraph UK)
No one bought Lady Gaga’s Mugler dress. Last week, Gilt Groupe held a Lady Gaga themed sale which included the famous white dress she wore for the Mugler show in Paris. Gilt is known for their flash discount sales, however this specific dress was being sold for $20,000 (not exactly Gilt’s demographic). Although the dress was in and out of members’ carts throughout the day, the dress went unsold. Where will the Mugler dress go next? (via The Cut)