Photo courtesy of Capezio
Capezio has been acquired by Argand Partners, a New York-based private equity firm. Argand Partners owns Ballet Makers Inc., which owns Capezio as one of its subsidiaries.
“Argand and its advisors have built a strong relationship with our management team over several months and we are delighted to formalize their partnership to build off of 140 years of commitment to the dance community,” said Capezio CEO Michael Terlizzi in a statement, as explained in dailyfrontrow.com. “The Argand team brings a complimentary skillset to our business and our team is excited to be part of the Argand portfolio.”
“We are delighted to invest in this iconic brand that has, since its inception, helped to instill a love of dance and appreciation of the art among dancers across the world.” said Argand partner Joyce Schnoedl in a statement. “As a dancer myself and consumer of the Capezio brand for several decades, I have a deep personal connection and commitment to the Company. We look forward to supporting Capezio’s next phase of growth.”
“Capezio is a renowned brand with a rich history of excellence in dance and performance products,” Tom Nastos, long-time fashion executive and advisor to Argand in the transaction, says. “Under Argand’s stewardship, we are committed to upholding this legacy while introducing innovative products to expand Capezio’s offerings. Our goal is to blend tradition with innovation, ensuring that Capezio continues to be an iconic brand in the industry and respected by performers worldwide.”
Since 1887 Capezio has been owned by the Terlizzi and Giacoio families. Based in Totowa, NJ, family members will continue their relationship with the brand. Under Argand, Capezio will feature new product lines, brand collaborations and partnerships.
Image courtesy of dscene.net
Jerry Hall and Burberry
When someone thinks about Jerry Hall, her relationships immediately come to mind. But before her public relationship with Mick Jagger and her marriage to Rupert Murdoch, Hall was a much sought-after supermodel in the 1970s throughout the 1990s.
That said, Hall had dipped her toe back in the fashion pool with her new gig with Burberry. To celebrate Mother’s Day, Burberry has employed Jerry Hall and her grandchildren Eugene and Dean in a campaign that’s “a heartfelt ode to family and the special bonds that unite us,” as detailed in fashionnetwork.com.
Accompanying Burberry’s Mother’s Day campaign, a film “packed with candid moments of laughter and joy – a charming peek into the life of Jerry Hall and her family, and a chance to express gratitude for the selfless devotion and unwavering support of mothers everywhere.” There will also be an exclusive Mother’s Day event held in New York’s Botanical Gardens.
For Mother’s Day, Burberry will have a gifting selection which will feature the Highlands family of bags, featuring motifs referencing the Burberry Check and the new Knight stamp as signature branding. The styles have a coated finish inspired by rainwear and include new silhouettes – a tote, a crossbody and a shoulder bag.
Image courtesy of fashionunited.com
John is back
John Varvatos returns to New York City, and New Yorkers are thrilled. Varvatos first opened his namesake store in 2000 on Mercer Street. However, this return to New York City’s Soho district will feature a more luxurious upscale store with 13-foot-high ceilings, interior elements will include antique rolling racks found in Paris flea markets alongside vintage and custom-designed furniture in leather, wood, and steel.
Located 2573 Wooster Street, the store will display the American brand’s ready-to-wear collections, including leather and tailored clothing, accessories, footwear, and fragrance, as well as a special anniversary collection entitled, “A Love Letter.”
“Known for its specialty shops and downtown attitude, Soho plays host to a vast array of upscale fashion boutiques, restaurants and galleries, all of which contribute to the ideal environment for the latest John Varvatos location,” said the brand in a press release. The new Soho store will open on September 10, coinciding with the 25th anniversary of the brand.
William S. Gooch
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