×
77 431
Fashion Jobs
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Williamsburg
KOHLS
Full-Time Loss Prevention Officer
Permanent · Milpitas
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Hiram
KOHLS
Full-Time Loss Prevention Officer
Permanent · San Rafael
KOHLS
Full-Time Loss Prevention Officer
Permanent · San Jose
L'OREAL GROUP
Packaging Operator, Friday-Sunday Nights (7pm-7am)
Permanent · Franklin Township
NIKE
Global Director – Consumer Creation Communications – Kids
Permanent · Beaverton
NIKE
Demand And Supply Management Analyst/Planner
Permanent · Beaverton
NIKE
Demand And Supply Management Senior Planner
Permanent · Beaverton
JORDAN
North America Jordan Brand Marketing Manager, Men's
Permanent · Beaverton
JORDAN
na Jordan Brand Marketing Manager, Women’s
Permanent · Beaverton
NIKE
North America Logistics Manager
Permanent · Beaverton
NIKE
Marketplace Operations Senior Business Analyst
Permanent · Beaverton
NIKE
Senior Director – Consumer, Marketplace & Marketing Architecture
Permanent · Beaverton
OLD NAVY
Regional Visual Manager - Tennessee Region
Permanent · Nashville
FOOT LOCKER
sr. Manager, Product, Leed
Permanent · New York
FOOT LOCKER
sr. Manager of Operations - Distribution Center - Pennsylvania
Permanent · Camp Hill
NORDSTROM
Asset Protection - Agent - Spokane Valley Plaza Rack
Permanent · Spokane
JCPENNEY
Asset Protection Security Specialist
Permanent · Plano
JCPENNEY
Senior Advertising Art Director - Beauty, Fashion, Marketing
Permanent · Plano
SALLY BEAUTY CORPORATE
Outside Sales Representative -Cosmoprof
Permanent · Cameron Park
SALLY BEAUTY CORPORATE
Outside Sales Representative -Cosmoprof
Permanent · Springfield
By
Reuters
Published
Jun 3, 2010
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Oscar de la Renta looks at London, not Paris

By
Reuters
Published
Jun 3, 2010

NEW YORK June 2 (Reuters) - Oscar de la Renta would like to have a larger presence in Paris, but high rents preclude the fashion house from opening a store there for now, the company's chief executive said on Wednesday 2 June.

Oscar de la Renta
Oscar de la Renta

"Paris makes tremendous sense for us as a fashion capital, visibility-wise, but rents in Paris are really still very tough," Alex Bolen said at the Reuters Global Luxury Summit in New York.

In contrast, Oscar de la Renta is actively looking into opening a store in London, given that the depreciation of the British pound has made doing business there more affordable, he said.

Bolen said Europe's current debt crisis and the uncertainty in global stock markets was giving him pause about the impact on luxury spending.

While its home U.S. market makes up about two-thirds of Oscar de la Renta's sales, Bolen said he is targeting international sales to rise to 50 percent from the current 35 percent.

"We've been very focused recently on our international expansion, which is a work in process," Bolen said, adding that Oscar de la Renta has beefed up its retail presence in addition to its wholesale business.

Bolen also said he expects overall sales to triple in the next three to five years. He declined to say what the privately held company's sales levels currently are.

Oscar de la Renta, best known for ultra-luxurious women's cocktail dresses and evening gowns, has begun exploring men's lines, Bolen said, adding that any men's category would be more likely to focus on casual wear than suits.

Bolen said the company has no current succession plans for its eponymous 77-year-old founder.

(For more on the Reuters Global Luxury Summit, see [nLDE6500F5])

(Reporting by Phil Wahba, editing by Michele Gershberg and John Wallace)

(([email protected]; + 1 646 223 6128)) Keywords: LUXURY SUMMIT/OSCAR

(C) Reuters 2010. All rights reserved. Republication or redistribution ofReuters content, including by caching, framing or similar means, is expresslyprohibited without the prior written consent of Reuters. Reuters and the Reuterssphere logo are registered trademarks and trademarks of the Reuters group ofcompanies around the world.nN02173728

© Thomson Reuters 2022 All rights reserved.