Haute Hippie Inks Deal With Jamaica’s GoldenEye Resort
Haute Hippie has struck a deal to be the exclusive retailer at Chris Blackwell’s GoldenEye resort in Jamaica. The store will be open for the start of high season in mid-November and will feature a capsule collection exclusive to the resort. GoldenEye was once home to Ian Fleming, who wrote all of the “James Bond” novels and is a favorite among celebrities and the fashion elite. Haute Hippie is known for chic, jet set looks, ranging from t-shirts to gowns.
Bullett Magazine will Skip Fall Issue
Bullett, the three-year-old fashion and art quarterly magazine, has confirmed it won’t publish a fall issue this year. The publication may even get rid of its print edition in the future. Jack Becht, one of the owning partners, said Bullett Media will use the money that would have funded the fall issue to invest in other parts of the business. According to Becht, the monthly digital magazine and creative agency are more important to the company. The decision to cancel the next print issue is partly due to the financial pressures of running ‘boutique’ magazines.
Sales at Estée Lauder Top $10B
For the first time, Estee Lauder Inc. cruised past $10 billion in sales in the 2013 fiscal year. The company reported that sales for the year ended June 30 gained 5 percent to $10.18 billion. Estee Lauder’s numbers are up from $9.71 billion the prior year. Net sales also increased 6 percent.
Source: WWD & WSJ