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EXCLUSIVE: Printemps on Wall Street Makes Change in Command
EXCLUSIVE: Printemps on Wall Street Makes Change in Command

Yahoo

time14-05-2025

  • Business
  • Yahoo

EXCLUSIVE: Printemps on Wall Street Makes Change in Command

After just six weeks since its opening on Wall Street, Printemps is making a change of command in the U.S., WWD has learned. Thierry Prevost has been named chief executive officer of Printemps America, succeeding Laura Lendrum who is shifting to chairman of Printemps America's advisory board, a new role. More from WWD Saint James to Open Pop-up at Printemps in New York Chef Gregory Gourdet Showcases the Broad Influence of French Cuisine at Maison Passerelle in Printemps New York Printemps Group Taps Laëtitia Henry, Mélanie Turpin for Key Roles 'Thanks to her visionary leadership, we have redefined the retail landscape for the 21st century, creating a unique experience that blends retail and hospitality. In her new role as chairman of our advisory board, Laura will continue to bring her unique expertise to guide our growth and innovation in this dynamic market,' said Jean-Marc Bellaiche, global CEO of the Paris-based Printemps Group, in a statement. He said Printemps on Wall Street is 'a testament to Laura's entrepreneurial spirit.' Asked how business is at Printemps on Wall Street so far, Lendrum told WWD, 'Everything is going so well. We've had really strong foot traffic and are exceeding expectations in terms of performance. The feedback has been so strong.' She also said that her shift into a different role at Printemps provides an opportunity to pursue new projects. Four years ago, Lendrum was hired by Printemps in New York, becoming the luxury store's first employee. 'Lendrum has played a pivotal role in creating a very innovative shopping experience that emphasizes deep customer engagement and community building,' Printemps said in its statement. Prior to her appointment, Lendrum was a consultant, and earlier was in charge of global markets and retail for Dean & DeLuca, and before that, was North American president at Saint Laurent, Gucci and Ralph Lauren. Since its opening in late March at One Wall Street in Manhattan's financial district, Printemps has been the talk of the town, primarily because of its stunning architecture, fresco artwork, unique layout and emphasis on hospitality with three restaurants and two bars. The store also features the landmarked 1920s red and gold mosaic-tiled Red Room which houses footwear. That section of the store was formerly a bank. The Paris-based Printemps' expansion to New York's financial district is a gamble since the neighborhood is not perceived as a destination for designer and luxury shopping, which hasn't exactly blossomed downtown. A Saks Fifth Avenue women's store and separate men's store, as well as Barneys New York, came and left, while 10 Corso Como did the same at the South Street Seaport. However, in the past decade there's been a modest buildup of luxury and designer stores with the openings of Tiffany & Co. and Hermès on Wall Street, and Elyse Walker and Thom Browne in TriBeCa. On the west side, Brookfield Place houses Gucci, Bottega Veneta, Louis Vuitton and Zegna. 'This has been the project of a lifetime, and I thank Jean-Marc and the Printemps board for giving me the freedom to create a vibrant ecosystem centered around joy and connection where clients immediately feel welcome and can find many ways to engage more deeply with Printemps,' Lendrum said in a statement. 'This has always been the plan: for me to envision, conceptualize, and execute a new vision for retail, and then step back from the day-to-day once the project launched. I can't believe that after four years we are here, and I am so eager to see how the project evolves once Printemps New York has time with customers in the market.' Prevost has over 30 years of experience working with department stores in Europe, the Middle East and Asia. Most recently, he led the launch of Printemps Doha and served as general manager for the past four years. 'His expertise is centered on enhancing the customer experience and developing bespoke journeys tailored to each market, all while driving profitability through effective management and brand strategy. Thierry's leadership will be critical in advancing the success of Printemps New York as it embraces its innovative approach to luxury retail,' the company said. 'We are entering an exciting new chapter for Printemps New York, and I am committed to continuing to create a unique shopping experience that embodies the spirit of hospitality and community,' said Prevost. Bellaiche added: 'Having worked with Thierry for the last four years, I am confident that he will continue to build on the success of Printemps New York. He will undoubtedly cultivate a culture of belonging for our new team members and push the boundaries of what is possible in retail, exploring endless opportunities for innovation and growth.' Founded in 1865 by Jules Jaluzot, the Printemps Group operates 20 department stores in France as well as nine Citadium stores, Place des Tendances, a fashion and beauty e-commerce site and Made in Design, an online store for designer furniture, lighting and decoration. Best of WWD Macy's Is Closing 66 Stores in 2025 — Here's the List, Live Updates Inside the Demise of Lord & Taylor COVID-19 Spikes Elevate Retail Concerns Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Judge sentences criminal caught at airport with jacket full of contraband: 'This case sends a clear message'
Judge sentences criminal caught at airport with jacket full of contraband: 'This case sends a clear message'

Yahoo

time23-02-2025

  • Yahoo

Judge sentences criminal caught at airport with jacket full of contraband: 'This case sends a clear message'

Staff at Heathrow Airport in London discovered something strange one summer's day in 2018: a man wearing a large coat with 19 large bird eggs strapped to his body. He was trying to smuggle the eggs, two of which had already hatched, into the country to sell on the black market for up to $10,000 apiece, Rare Bird Alert reported. The man's name is Jeffrey Lendrum, and last month, he was sentenced to over three years in jail for the attempted smuggling of fish eagle, vulture, and kestrel eggs out of South Africa. Several of the species found on him were endangered species, Rare Bird Alert explained. But get this — it's not even his first time. According to the outlet, he was also sentenced to two-and-a-half years of jail time for trying to bring Welsh Peregrine eggs from the U.K. to the Middle East in 2010 and was found guilty of stealing falcon eggs from Canada in 2002 and from Zimbabwe as far back as 1984. The serial egg thief has been around the block, to say the least, and has likely profited off of this kind of poaching and smuggling in the past without getting caught. This story is certainly a wild one and does have a comedic element, but unfortunately, smuggling endangered wildlife is no laughing matter. Thousands of animals are captured and killed every year by people like Lendrum. Common victims are elephants, tigers, pangolins, chimpanzees, sharks, sea turtles, macaws, and rhinos, all targeted usually for just one part of their body that humans eat or turn into a product. Likewise, rare trees, plants, and flowers are also mined all over the world, according to the Rainforest Trust. These illegal practices directly harm the targeted species and their offspring. Endangered wildlife already struggles with human-caused stress in their habitats, and poaching their young further decreases their ability to survive another generation. Plus, when species go extinct, entire ecosystems suffer the consequences. The scales of biodiversity that keep our planet healthy can tip, triggering a domino effect that also reaches human life. Should it be illegal to throw away old clothes? Heck yes No way I'm not sure Only if it's free to recycle them Click your choice to see results and speak your mind. Thankfully, there are trained experts monitoring transit hubs to catch people like Lendrum in the act. In his case, specialists identified the stolen eggs to be protected by legislation that controls imports into the U.K. of more than 35,000 animals and plants. These officers were able to care for the eggs and live chicks once they were confiscated from Lendrum and eventually got them into the safe hands of the International Centre for Birds of Prey. "This case sends a clear message that we are determined to bring cases like this before the courts," said Chris Hill, National Crime Agency investigations manager at Heathrow, per Rare Bird Alert. Want to fight back against poachers and smugglers? Supporting animal sanctuaries like the ICBP and other habitat conservation groups like the Rainforest Trust is a great way to start. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.

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