French Maison Chanel Purchases Bond Street Store for £310 Million

The same week that Chanel unveiled its new Spring/Summer 2021 collection at the Grand Palais in Paris, the French Maison has announced that it purchased its Bond Street store for £310 million, in a show of confidence to retail in London.

Chanel’s little black dresses, softly tailored tweed jackets and two-tone shoes have been a fixture at 159 Bond Street since 2013. In a boom for British retail, the Parisian fashion house has agreed to pay £310 million to buy the boutique outright, which is £70 million more than the original £240 million asking price. 

Chanel reportedly fought off competition for the prime location from the Abu Dhabi royal family, as well as private investors in Hong Kong, Europe and America. Spanning 12,600 sq ft, the flagship boutique is one of the largest Chanel shops in the world and houses the French Maison’s complete offering of ready-to-wear, footwear, accessories, fine jewellery and beauty, with sumptuous VIP changing rooms and an art-filled lounge.

The Chanel Boutique at Bond Street is one of Chanel’s largest spaces worldwide, the store covers three floors and sells fashion, beauty and accessories. 

Designed by Peter Marino, the boutique’s showpiece is a supersized, sculptural string of pearls that hangs down the middle of the stairwell, made from hand-blown Murano glass by French artist Jean-Michel Othoniel.

The French Maison has further outposts on Sloane Street in Knightsbridge and Walton Street in Brompton Cross, as well as a jewellery boutique on New Bond Street. 

The acquisition highlights Chanel’s commitment to British retail despite the high street reporting a fall in sales and shoppers following lockdown measures. While the premium brand accessed the Bank of England’s emergency coronavirus lending scheme at the start of the pandemic, borrowing some £600 million, the company has said this has since been paid back in full. 

While it is an undeniably difficult time for British retail, the luxury sector has continued to perform well: there have been consistent queues outside Bond Street’s most popular boutiques since they reopened in July, as well as steady footfall in Knightsbridge and Chelsea. During September, The Deck opened as the first all-female tailor on Savile Row, and Thom Sweeney unveiled a multistorey townhouse on Old Burlington Street. Off-White also recently debuted its first standalone London store on Sloane Street.

Chanel is currently controlled by Alain Wertheimer, 72, and his brother Gérard Wertheimer, 69. In 2018, the French fashion house elected London as the base for its global headquarters, transferring staff from New York and its native Paris. In 2019, Chanel increased profits by 16.6 per cent, totalling $3.5 billion, and announced in June that it still expects to turn a profit in 2020. 

Chanel devotees can rest assured that the Parisian mega-brand isn’t budging from Bond Street. Come into the beautiful world of Chanel.

Hermès at Galería Canalejas, Madrid

French Maison Hermès reaffirms its close and long-standing relationship with Spain. On 1 October 2020, Hermès was delighted to announce the opening of a new store in Galería Canalejas in the heart of Madrid. Set in the affluent core of the capital, the heritage-listed neoclassical building is an architectural icon now revived as a contemporary cultural hub.

Located on the ground floor, and flanked by the wide,elegant boulevards of Calle de Alcalá and Calle de Sevilla, the new 230-square-metre Hermès boutique strikes a harmonious balance between the history of the address and a new vision for retail, imbued with the house’s emblematic aesthetic language.

Come into the beautiful world of Hermès.

Luxury Skin With Rose Extracts By Terry

Inspired by her legendary Baume de Rose Lip Balm, which harnesses the potency of roses to nourish, hydrate and regenerate the skin, French luxury skincare and make-up brand By Terry has created an innovative line of Baume de Rose treatments for the face, hands and body. These targeted, luxurious skincare solutions feature multi-sensory textures, intensely nourishing and hydrating formulations as well as a magnificent rose scent.

Harness the nourishing, hydrating and regenerating benefits of the rose with our new cleansing trio inspired by the legendary Baume de Rose lip balm.

This autumn, By Terry introduces a 3-step cleansing routine to the Baume de Rose line for clean, radiant and hydrated skin. The new products contain rosehip oil, which prevents dryness, Damascena rose water, which boosts hydration and enhances glow, as well as pastel rose extract to soften and purify the skin.

By Terry 3 step cleansing routine for purified and radiant skin

By Terry Baume the Rose Bi-Phase Make-up Remover

Infused with rose oils, this water and oil-based cleanser lifts away makeup effortlessly, leaving skin feeling fresh and revitalized.

Supercharged with vitamin-rich rosehip and pastel rose oils, the Baume the Rose Bi-Phase Make-up Remover gently removes make-up, comforts and hydrates skin. The water-meets-oil blend is instantly absorbed, leaving skin purified, clarified and luminous.

Shake the bottle to mix the two phases. Apply with a cotton compress to remove makeup. Ideally follow up with Baume de Rose Micellar Water and Beauty Toner for the perfect skincare ritual.

By Terry Baume the Rose Micellar Water

This supercharged micellar water effortlessly removes dirt and oil, cleansing skin to leave it thoroughly detoxed and renewed.

The Baume the Rose Micellar Water removes make-up, cleanses and hydrates skin. Micelles, powerful cleansing actives, attract impurities like magnets and trap them by forming a sphere around them. These impurities, such as make-up, oil, sebum and pollutants are gently lifted off the skin in one swipe. Moreover, moisturising ingredients help boost skin’s hydration levels by 80%.

Apply with a cotton compress. Gently sweep over facial contours to remove dirt and oil. Repeat as necessary. Follow up with Baume de Rose Beauty Toner.

By Terry Baume the Rose Beauty Toner

Enriched with actual rose petals, this gorgeous blend tightens and tones skin, leaving you with a fresh-looking, radiant glow.

The hydrating Baume the Rose Beauty Toner, a gorgeous blend, leaves your skin soft and tones it. Real rose petals are encapsulated within the product which plump skin with moisture. The nourishing formula lifts away impurities and pumps back in 64% more hydration.

Use twice daily, morning and evening, before your serum and moisturizer. Place a few drops in the palm of the hand and inhale the rose scent for a holistic treatment. Then apply to the face and the neck, massaging into the skin.

By Terry’s Baume the Rose Collection is available in bottle’s of 200ml.

By Terry is donating 10% of all online sales of Baume de Rose products to the Ruban Rose charity for the month of October, in support of Breast Cancer Awareness.

By Terry’s Baume the Rose Collectio is available at selected stores worldwide. Come into the beautiful world of By Terry.

Lamborghini Adds Matte Color Options for the Urus With Graphite Capsule

Lamborghini is furthering its push for the Urus in 2021 with a new Graphite Capsule edition. Said to be the perfect blend of sportiness, comfort, and luxury. On the outside the ‘Graphite Capsule’ sees four matte paint jobs in ‘Bianco Monocerus’, ‘Grigio Nimbus’, ‘Nero Noctis’, and ‘Grigio Keres’, and one of four gloss paint colors for the accents, which are restricted to the front splitter, door trims, rear spoiler and wheel rims. The accents are available in green, yellow or two choices of orange. The monochrome base paints let the boldly colored accents really pop.

The exterior color scheme is reflected on the inside, where all the stitching and a few seat, dash and door panels are given the same color as the outside accents. The rest is finished in black. The aluminum trim is given a dark anodized finish, and the interior carbon fiber has a matte finish. A special option exclusive to the Graphite Capsule, as well as the Pearl Capsule model, is ventilated seats upholstered in Alcantara.

Still keeping its best power-to-weight ratio badge within its SUV segment, the Urus Graphite maintains its stats of 650 horsepower, 305 km/h max speed, and a 0-100 km/h time of 3.6 seconds.

This more personal approach to the Lamborghini Urus will start at roughly $218,000 USD. Come into the beautifu world of Lamborghini.

Yohji Yamamoto Teases Lamborghini Collaboration

2020 has resulted in countless canceled plans and shelved projects, but it’s been one of Yohji Yamamoto‘s most productive years to date. The legendary Japanese creative has partnered with Adidas, Hublot, and – of course – Supreme, but Yamamoto’s latest endeavor may be his biggest to date, as the 76-year-old designer has joined with Lamborghini.

Offering only two brief images and a brief press release, the duo have left the exact nature of their collaboration tantalizingly vague. In one image, co-branded Lamborghini badge is realized in Yamamoto’s signature monochrome shades, standing in stark contrast to a sample of what’s likely a custom body wrap for the bespoke automobile. Splashed with white and red streaks across a black base, the bold pattern features assorted kanji and katakana characters, like 呵大笑 and 力大笑 (essentially, big and powerful laughter) and ロマンスグレー (literally, ‘romance grey’).

In 2014, Yamamoto reflected on a love of cars in a NOWNESS video, explaining that driving his ’80s Nissan Cedric “is the only moment [when] I can become myself. A car is like a girlfriend. So, it’s nice to just look at her, or ride with her”. Yamamoto has owned vehicles from Jaguar and Rolls-Royce but reportedly isn’t a fan of contemporary car design – “I like glamour, but I also want to have a low profile. I find modern car design so ugly, so I found this car on the internet”, so a repurposed vintage Lamborghini may be just the ticket.

However, Yamamoto has offered little by way of this collaboration, including the era and style of car he’s revising. The designer explained that his Lamborghini partnership will reflect the ‘tradition’ and ‘DNA’ of both brands, honoring tenets like heritage, passion, craftsmanship and innovation. Note that this joint effort will not yield a production model; Yamamoto underlines that the resulting vehicle will be a ‘piece of art’.

Expect Yamamoto and Lamborghini to lift the veil on their collaboration in late October. Come into the beautifu worlds of Lamborghini and Yoshi Yamamoto.

Uniqlo’s AIRism Mask Is Finally Releasing in the U.K. and Europe

Following on from releases in Japan and the U.S. last month, Uniqlo has now announced plans for the U.K. and European release of its AIRism fmask. The mask was developed to help combat the spread of Coronavirus, and has proved a popular and affordable option as more and more countries make mask-wearing mandatory.

The mask itself is produced from Uniqlo’s AIRism fabric, focusing on a combination of comfort and protection. The three-layer structure features anti-microbial, moisture-wicking self-deodorizing properties, as well as releasing heat an absorbing sweat.

Additionally, the AIRism mask is machine washable with regular household detergent. According to studies, the filter contained within the mask retains 95% of its efficacy even after it has been washed 20 times.

The AIRism mask will release in packs of three from all Uniqlo stores in the U.K. and Europe, including the brand’s web store. A three-pack will cost £9.90 GBP (approximately $12.70 USD), and the mask is available in either small, medium or large and color options of gray, black or white. Uniqlo has also donated 4,000 AIRism masks to the Tate Modern.

Neiman Marcus Exits Bankruptcy, Looks to Reimagine Business

Serving as an unexpected light in the retail crisis brought on by the Covid-19 virus pandemic, Neiman Marcus has officially come out of Chapter 11 bankruptcy. According to reports, the luxury department store has cleared a sizeable amount of debts and has brought on new owners to reimagine its business.

Neiman Marcus has officially come out of bankruptcy, a process that left the upscale department store with a lighter debt load and new owners to confront the same industry trends that led to its financial woes.

The Ares Management Corp. and Canadian Pension Plan Investment Board have now sold their stakes in Neiman Marcus Holding Company Inc. to Pacific Investment Management Co., Davidson Kempner Capital Management and Sixth Street Partners. Accompanying the change of owners is new board comprised of six members including, Pauline Brown, the former chairman of North America for LVMH Moët Hennessy Louis Vuitton SE, and Kris Miller, the former chief strategy officer at eBay.

Under new management and board, the retailer eliminated more than $4 billion USD of existing debt and now looks to combat the continuing challenges that put it into bankruptcy. The new owners have also prepared a $750 million USD exit package that will go towards refinancing a loan and bring much needed liquidity to the business.

With the financial cleanup completed, Neiman Marcus and its Bergdorf Goodman store still must deal with the pandemic’s fallout, shopper defections to online merchants and a preference among younger customers for experiences instead of objects.

The current environment for a fashion luxury retailer isn’t ideal. The company was hit particularly hard by the pandemic. The Neiman Marcus Group temporarily closed its 43 Neiman Marcus and two Bergdorf Goodman stores nationwide in compliance with guidelines set by the Centers for Disease Control and Prevention in response to the Covid-19 pandemic, although 31 locations have gradually started to reopen. The company filed for court protection in May.

The new owners “understand the value of our brands and the opportunity for growth”, said a Geoffroy van Raemdonck, the chief executive officer who kept his position during the bankruptcy process and will now lead the turnaround effort.

Some of Neiman’s creditors and retail peers couldn’t say the same. Lord & Taylor has been running going-out-of-business sales, and Stein Mart Inc. is being dismantled. Marble Ridge Capital, a creditor that peppered Neiman Marcus with objections to its debt maneuvers before and after the bankruptcy filing, is being wound down after co-founder Dan Kamensky’s tactics drew criminal charges.

“While the unprecedented business disruption caused by Covid-19 has presented many challenges, it has also given us the opportunity to reimagine our platform and improve our business”, said van Raemdonck. “We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner, and employer”.

The Neiman Marcus Group runs 43 Neiman’s stores and two Bergdorf Goodman stores, as well as an online business that includes neimanmarcus.combergdorfgoodman.com, and the Mytheresa luxury web site.

This Is Ferrari’s One-Off Omologata

Ferrari understands very well that people with a few million on the bank do not want to drive the same car as their immediate neighbor, who lives 300 meters away. That is why as a valued customer (so you have to get some ‘standard’ Ferraris first) you can knock on the door for a one-off.

Ferrari will then build a unique model especially for you. You can then be 100 percent sure that there is no one else with the exact same car. The latest one-off is this Ferrari Omologata, based on the 812 Superfast.

One-off Ferrari’s are a rarity, so news of the Italian marque’s new Omologata is rather exciting. The Omologata is featuring a coachbuilt body that exploits “the proportions of the potent, mid-front layout”, as Ferrari says. 

The Omologata was commissioned by an unnamed European client and the brief was to create “a futuristic design with distinctive elements reinterpreted in a fresh manner to provide potential for a timeless shape that is certain to leave a lasting impression”. The name makes it clear that the Omologata also had to be equally at ease on the road as on the track.

Somebody in Europe clearly found the 2020 Ferrari 812 Superfast’s exterior to be a touch on the busy side, and opted to commission the Italian carmaker’s tenth one-off GT since 2009.

Like the story usually goes with these specials, the project took two years to complete, with Ferrari VP of Design Flavio Manzoni penning a hand-formed aluminum body that still wouldn’t clash with the 812 Superfast’s global crash homologation. Mind you, according to Maranello, the track-only mid-engine P80/C announced last year was a four-year job.

The Omologata even gets its own shade of Ferrari red, dubbed ‘Rosso Magma’. Finished in three layers of paint, it’s set over a darkened carbon fiber finish and is accompanied by exclusive racing-inspired decalsThe new Ferrari Omologata shares only its windshield and headlights with the 812 Superfast it’s based on, at least when it comes to its exterior panels.

With its round taillights and more pronounced grille, the overall result has a much more traditional feel than Ferrari’s latest gran turismo, the V8 Roma. The idea from the onset was to create a futuristic design with distinctive elements reinterpreted in a fresh manner to provide potential for a timeless shape that is certain to leave a lasting impression.

The objective was to exploit the proportions of the potent, mid-front layout to deliver a very sleek design defined by smooth volumes and undulating reflections, uplifted by sharp graphics with sparingly distilled surface breaks wherever dictated by aerodynamic functions. The trickiest aspect was striking the ideal balance between expressiveness and restraint: the Omologata had to ooze street presence whilst maintaining a very pure formal language.

The designers carefully studied the stance and attitude of the car from all angles, defining a tapering front volume from the flattened oval grille. The rounded section over the front wheelarches, emphasized by a contrasting stripe wrapping across the bonnet, seems to naturally extrude from the grille.

Rear of the door, the flank develops into a very potent rear muscle that neatly blends upwards into the three-quarter panel. The entire volume is rendered deliberately imposing through the elimination of the rear quarter light, while three horizontal transversal cuts in the fastback volume visually lower the rear mass.

The tail is surmounted by a prominent spoiler which adds not only downforce, but a more aggressive, sporty stance. Overall, the car appears to be poised to attack the tarmac even at a standstill and, seen from the rear, the deeply set single taillights underline the tension.

A fitting one-off exercise, the Omologata manages to encompass a range of subtle Ferrari signature design cues without falling into nostalgia. Its hand-crafted aluminium bodywork is sprinkled with almost subliminal details, in a way that challenges the enthusiast to identify the various sources of inspiration that played a part into its inception.

The 812 Superfast’s underpinnings and V12 engine remain, meaning the Omologata also packs 789 BHP which is good to push it well over 200 MPH.

I would argue that it achieved what it wanted. The Omologata corrects a few tiny details that to me seems to be misses on the 812 Superfast, done purely because the latest V12 is an evolution of the Ferrari F12, and thus had to be dialed up in all respects, except maybe for how tricky an F12 can be to drive.

Let’s choose not to talk about rear visibility at all, taking a peek at the cabin instead. Inside the car, it’s all about nods to Ferrari’s racing heritage, electric blue seats finished in a combination of leather and Jeans Aunde fabric with 4-point racing harnesses, stand out against a full black interior. Ferrari even deleted the rear quarter lights to make the atmosphere even more focused.

The electric blue seats, finished in a combination of leather and Jeans Aunde fabric, feature 4-point racing harnesses stand out against a full black interior.

The metal parts of the dashboard and steering wheel are finished with the crackled paint effect, which is supposed to remind us of GT racers of the 1950s and 1960s, as well as with Ferrari’s engine cam covers. With that in mind, both the inner door handles and the Ferrari F1 bridge have this hammered paint finish.

The 2020 Ferrari Omologata, the tenth one-off V12 from Maranello since 2009 leaves us with one question this week. Would you take home this unique multi-million-dollar creation based on the 812 Superfast, or one of Touring Superleggera’s upcoming Touring Aero 3s based on the F12? With custom Ferraris, it’s always a tough one.

Take a look at the one-off Ferrari Omologata; and note, that’s about as close as we’ll probably ever get to it, seeing this has been coachbuilt for one very lucky, discerning Ferrari customer.

Come into the beautiful world of Ferrari.

The Mercedes-Benz AMG GT Goes Full Stealth Mode

Unveiling its impressively powerful Black Series Edition earlier in July, Mercedes-Benz AMG has now crafted a special Stealth Edition of its performance GT, giving the speedster a sleek, blacked-out look. Available for both the coupe or convertible versions of the new 2021 GT, the special edition taps AMG’s Exterior Night Package.

A Stealth Edition model also joins the roster for 2021 with add-ons from the AMG Exterior Night Package such as black brake calipers, an AMG radiator grille in dark chrome, headlamps with black elements and mixed-size tires, with 19-inch matte-black Y-spoke wheels on the front and 20-inch wheels on the rear.

Other Stealth Edition features include a carbon-fiber roof with dark-tinted areas on the coupe and a black soft top on the Roadster, as well as some paint choices: Stealthy black is standard; optional colors include Obsidian Black Metallic, Selenite Grey Metallic and Designo Graphite Grey Magno.

For the new year, the models get 54 more horsepower than the outgoing version. The twin-turbocharged 4.0-liter V-8 now makes 523 hp and clocking 0-60 mph in a mere 3.7 seconds, a 0.2-second improvement.

Some new equipment is also available this year: the AMG Ride Control suspension with adaptive damping adjustment, an electronic limited-slip differential on the rear axle, AMG high-performance composite braking system and red painted brake calipers.

The interior is – as you expect – all black. Cabin additions for the model include an AMG steering wheel in Dinamica microfiber with black steering-wheel spokes and shift paddles, diamond quilted black Nappa-style leather, black topstitching, piano-black lacquer or carbon-fiber trim and a special Stealth Edition badge.

The new Mercedes-Benz AMG GT Coupe and convertible are available in early 2021. Come into the beautiful world of Mercedes-Benz.

Boy Smells’ Hypernature Collection Has Landed

The cult-favorite indie candle brand Boy Smells is famous for its unconventional fragrances, not limited to the tomato-scented Gardener and its original top seller, Kush. The bouquet-inspired profiles that traditional candle brands hone in on aren’t usually its thing, but the new Boy Smells Hypernature Collection looks to be a rare exception. Just because it’s one of the most mainstream of its aromatic offerings, though, doesn’t mean it’s any less exciting.

Rose, peach, violet leaves, jasmine, and black tea are some notes you might read on the jar of any old candle, but not often one boasting Boy Smells’ immensely trendy label. The West Coast creator of candles and underwear typically turns toward more unorthodox scents like cannabis, the core of its first-ever launch. Since its original Kush candle, the brand has whipped up a myriad of androgynous fragrances – Cinderose, rose and smoke; Ash, firewood and charcoal; and Hinoki Fantôme, a combination of resin, moss, and guaiac.

Experience fragrant portals to alternate universes with Hypernature. This limited edition series amplifies the smells of nature with the best of science, resulting in a cosmic collection housed in electroplated mirrored vessels.

Its new fall 2020 Hypernature collection is as unexpected for Boy Smells as Boy Smells’ scents would be for a ‘normal’ candle brand, but that, in a way, just adds to its coolness. Anyway, the brand can make any common scent funky with unique pairings, intriguing names, and a psychedelic aesthetic.

Hypernature is a limited series of sensorial simulations to awaken your inner alchemy and transport you to new worlds where the beauty of nature is magnified into an eruption for the senses. In tow are uncharted territories of mind-expansion, out of body experiences triggered by experimental aromas, and new fantasies for a crystalized future. Hypernature awaits.

Boy Smells Neopêche

Neopêche is here to crystalize your visions of a new celestial reality. Inhabit space with transcending ultraviolet and delicate peach flesh for an outer body scent journey. Pink peppercorn, incense and oakmoss electrify this scent with spice while the delicate tannins of rose and mandarin drop you deep within yourself. Project yourself toward the sun and stars while transcending earthly expectations with Neopêche. 

Boy Smells Aqua de Jardin

Aqua de Jardin is a scented shamanic awakening taking you to the lost civilizations of lush greens. The velvet finish of ambrox mixed with the astral spice of pimento berry and ivy leaves channel the healing connections to nature. Watery coconut, jasmine and fig leaves give lushness to the palate while macadamia nut grounds you in a rich earthy exotic base. Inhale deeply to exhale deeply. You have entered the cool, inner sanctum of Aqua de Jardin.

Boy Smells Polyamberous

The scented spectrum of Polyamberous is here to refract light and multiply love. Explore Venus via a scented prism of patchouli fraction, geranium and tobacco flower. Dripping in rich, sticky amber, beeswax, wisps of musk and delectable pistachio, this woody yet delicious exotic tonic is made for a world where more is the merrier. Pleasure is your discipline, that burns to embrace an entire spectrum identity, blooming like never before. A prismatic vision of love awaits you with Polyamberous. Polyamberous is exclusively available to at Boy Smells website.

Boy Smells Rhubarb Smoke

Let Rhubarb Smoke’s guiding fragrance reveal to you a new perspective. This scent of divine papyrus mixed with burning incense and brewing black tea will give subconscious insights. A damp, forestral scent creates a new space for clear vision of what lies ahead. Notes of white birch, lush ivy and wild figs intertwine to create a scent with deep roots that extend deep into the past, while rhubarb and violet leaves reveal new growth ahead. Let the flickering flame illuminate your fruitful future with Rhubarb Smoke.

The candles weight 8.5 ounces (240g) each, and are 3.4 inches (8.6cm) tall.

Boy Smells Hypernature Scented Candle Gift Set

The Hypernature Scented Candle Gift Set features three mini candles designed to awaken your inner alchemy and transport you to new worlds where the beauty of nature is magnified into an eruption for the senses.

All are made of a white coconut and beeswax blend and feature a braided cotton wick, holding up the brand’s sustainability ethos. The Hypernature collection can be shopped at their website for $39 each or $139 for the full bundle (which is currently sold out, but will be available again in early October). Come into the beautiful world of Boy Smells.