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Must Read: Frédéric Malle To Exit His Fragrance Brand, Gregg Renfrew Buys Back Beautycounter From Foreclosure

Frédéric Malle

Photo: Noam Galai/Getty Images

These are the stories making headlines in fashion on Friday.

Frédéric Malle is exiting his fragrance brand
Frédéric Malle is leaving his eponymous fragrance brand Editions de Parfums Frédéric Malle at the end of June. Malle launched the brand in 2000, becoming a trailblazer in the industry for putting the perfumers’ names on his fragrance bottles. “Twenty-five years ago, I started working on Editions de Parfums in an attempt to create a direct link between the best perfumers in the industry and the most demanding public,” Malle said in a statement. “In doing so, I created a platform where noses could express themselves fully and be so proud of their work that they would want to sign it with their names. I could not have foreseen that what became the first publishing house for ‘noses’ would reveal these artists to the world in such a powerful way, show the public that perfume can be an art form and lay the foundations of the artisanal perfumery movement.” {WWD/paywalled}

Gregg Renfrew buys back Beautycounter from foreclosure
Beautycounter‘s founder and CEO Gregg Renfrew bought the brand out of foreclosure on April 18. Renfrew will retain the brand’s name and assets, Business of Fashion reported on Thursday. Along with other private investors, she secured the label from Carlyle Group for an undisclosed sum. Beautycounter will relaunch on May 1. {Business of Fashion/paywalled}

Prada takes over Saks windows
In New York City, Prada is taking over Saks Fifth Avenue‘s six 5th Avenue-facing windows to display its May Issue women’s and men’s collections. The window concept is inspired by flower-filled meadows and shows Prada’s collection in a series of spaces with wooden tables and wicker seats. The installation will run from April 18 through May 1. See photos from the installation below. {Fashionista inbox}

Prada x Saks Fifth Avenue. Photo: Courtesy of Prada


View the 7 images of this gallery on the
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Nordstrom family tries to take department store private
CEO Erik Nordstrom and President Pete Nordstrom told the company’s board of directors that it is considering taking the department store chain private. To evaluate proposals, the board formed a special committee of independent directors. Nordstrom almost went private back in 2017 with private equity firm Leonard Green & Partners, but the deal fell apart. {CNBC}

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Source: Fashionista.com

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