{"id":109470,"date":"2018-07-20T13:19:45","date_gmt":"2018-07-20T17:19:45","guid":{"rendered":"https:\/\/models.com\/oftheminute\/?p=109470"},"modified":"2018-07-20T15:15:13","modified_gmt":"2018-07-20T19:15:13","slug":"cfdas-steven-kolb-talks-shop-pat-mcgrath-labs-billion-dollar-valuation-victorias-secret-slumps-and-more-news-from-the-week","status":"publish","type":"post","link":"https:\/\/models.com\/oftheminute\/cfdas-steven-kolb-talks-shop-pat-mcgrath-labs-billion-dollar-valuation-victorias-secret-slumps-and-more-news-from-the-week\/","title":{"rendered":"CFDA&#8217;s Steven Kolb talks shop, Pat McGrath Labs billion dollar valuation, Victoria&#8217;s Secret slumps and more news from the week"},"content":{"rendered":"<style>\n#wp-content hr {margin: 80px auto 40px auto;width: 10%;border: solid #000;border-width: 4px 0 0;}\nh4 {text-align:center;}\n.separ {clear:both;padding:40px;}\nblockquote p {text-align:center !important;font-family:helvetica;font-size:18px;}\nblockquote:before,blockquote:after {height:0 !important;}\n.centerimg {padding:4em 11em;margin:20px 0;}\n.centerimg img {margin-bottom:0px;}\n.instagram-media {margin:auto !important;}\n<\/style>\n<p><strong>10 Corso Como is coming to New York<\/strong><br \/>\nAfter developing outposts in Seoul, Shanghai, and Beijing, Milanese concept store, <a href=\"https:\/\/www.instagram.com\/10corsocomo.newyork\/?hl=en\" rel=\"noopener\" target=\"_blank\">10 Corso Como<\/a>, heads West to open its only U.S. location at the Seaport District this September, coinciding with New York Fashion Week. Former fashion editor and publisher, Carla Sozzani, sister of the late, great Franca, will host an all-day celebratory launch event on Thursday, September 6 presenting the 28,000-square-foot space that has an Italian caf\u00e9 and restaurant, fashion, books, an art and photography gallery and a garden. [Models.com Inbox]<\/p>\n<p><strong>Is Victoria\u2019s Secret in Trouble? Jefferies says Yes<\/strong><br \/>\nYour favorite Angel campaign that airs during the holidays might be in jeopardy. News broke out this week that L Brands Inc. owned lingerie company, Victoria\u2019s Secret, is struggling to drive traffic. Jefferies analyst Randal Konik reports that VS has &#8220;massive traffic declines, zero pricing power and market share losses mounting\u201d for more than 2 years now. [<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-07-12\/it-s-game-over-for-victoria-s-secret-jefferies-declares\" rel=\"noopener\" target=\"_blank\">BLOOMBERG<\/a>]<\/p>\n<p><strong>Anok Yai named the latest Est\u00e9e Lauder Global Ambassador<\/strong><br \/>\nThis college student has had much to celebrate. After a chance viral post on Instagram, Prada opener and editorial darling, <a href=\"\/\/models.com\/models\/anok-yai\">Anok Yai<\/a> can now add <a href=\"\/\/models.com\/client\/estee-lauder\">Est\u00e9e Lauder<\/a> to her resume as she takes their newest global spokesmodel title. She joins the ranks of fellow top models Karlie Kloss, Grace Elizabeth, and Joan Smalls as she gears up for her August campaign debut sporting Est\u00e9e&#8217;s best-selling <a href=\"https:\/\/www.esteelauder.com\/product\/643\/22830\/product-catalog\/makeup\/face\/foundations\/double-wear\/stay-in-place-makeup\" rel=\"noopener\" target=\"_blank\">Double Wear Stay-in-Place Makeup<\/a>, available in 56 shades. [Models.com Inbox]<\/p>\n<blockquote class=\"instagram-media\" data-instgrm-captioned data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/BlagNR-j21g\/\" data-instgrm-version=\"9\" style=\" background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:540px; min-width:326px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);\">\n<div style=\"padding:8px;\">\n<div style=\" background:#F8F8F8; line-height:0; margin-top:40px; padding:62.4537037037037% 0; text-align:center; width:100%;\">\n<div style=\" background:url(data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAACwAAAAsCAMAAAApWqozAAAABGdBTUEAALGPC\/xhBQAAAAFzUkdCAK7OHOkAAAAMUExURczMzPf399fX1+bm5mzY9AMAAADiSURBVDjLvZXbEsMgCES5\/P8\/t9FuRVCRmU73JWlzosgSIIZURCjo\/ad+EQJJB4Hv8BFt+IDpQoCx1wjOSBFhh2XssxEIYn3ulI\/6MNReE07UIWJEv8UEOWDS88LY97kqyTliJKKtuYBbruAyVh5wOHiXmpi5we58Ek028czwyuQdLKPG1Bkb4NnM+VeAnfHqn1k4+GPT6uGQcvu2h2OVuIf\/gWUFyy8OWEpdyZSa3aVCqpVoVvzZZ2VTnn2wU8qzVjDDetO90GSy9mVLqtgYSy231MxrY6I2gGqjrTY0L8fxCxfCBbhWrsYYAAAAAElFTkSuQmCC); display:block; height:44px; margin:0 auto -44px; position:relative; top:-22px; width:44px;\"><\/div>\n<\/div>\n<p style=\" margin:8px 0 0 0; padding:0 4px;\"> <a href=\"https:\/\/www.instagram.com\/p\/BlagNR-j21g\/\" style=\" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;\" target=\"_blank\">?New #EsteeModel alert!?Join us in welcoming the stunning @anokyai to the #EsteeLauder family!<\/a><\/p>\n<p style=\" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;\">A post shared by <a href=\"https:\/\/www.instagram.com\/esteelauder\/\" style=\" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px;\" target=\"_blank\"> Est\u00e9e Lauder<\/a> (@esteelauder) on <time style=\" font-family:Arial,sans-serif; font-size:14px; line-height:17px;\" datetime=\"2018-07-19T12:59:31+00:00\">Jul 19, 2018 at 5:59am PDT<\/time><\/p>\n<\/div>\n<\/blockquote>\n<p> <script async defer src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n<p><strong>Models.com\u2019s latest MDX interview feature: In discussion with CFDA\u2019s Steven Kolb<\/strong><br \/>\nThe <a href=\"\/\/models.com\/client\/cfda\">CFDA<\/a> chief executive, Steven Kolb, speaks to Ford Models\u2019 <a href=\"\/\/models.com\/people\/christopher-michael\">Christopher Michael<\/a> in Models.com\u2019s current cover story. As CEO of the not-for-profit trade association, Kolb oversees initiatives like the CFDA\/Vogue Fashion Fund that just announced its 10 finalists and campaigns with Planned Parenthood and ACLU. The CFDA controls New York\u2019s Fashion Calendar, which recently has added a June\/December schedule, and has been in a shift as traditionally New York-shown brands experimented showing elsewhere. During their conversation, Michael and Kolb discuss the veteran not-for-profit executive\u2019s start, the state of fashion and \u201ccommercial\u201d not being a dirty word. Watch it <a href=\"https:\/\/models.com\/mdx\/in-discussion-with-cfdas-steven-kolb\/\">here<\/a>. <\/p>\n<p><strong><a href=\"\/\/models.com\/people\/tim-walker\">Tim Walker<\/a> has an exhibit designed by collaborator Shona Heath going into the Victoria &#038; Albert Museum next year <\/strong><br \/>\nAnnounced this week by the museum\u2019s director Tristram Hunt and chairman Nicholas Coleridge, the South Kensington-located Victoria &#038; Albert Museum will host works by British photographer Tim Walker. The exhibit which will run from September next year will be an &#8220;immersive, behind-the-scenes\u201d look, reported the Standard UK, saying it will feature works commissioned by the V&#038;A archive.  The show, which will include photographs, films and photographic sets is designed by creative director and set designer <a href=\"\/\/models.com\/people\/shona-heath\">Shona Heath<\/a>, who frequently works with Walker. The museum is celebrating a record number of visitors last year, Walker\u2019s exhibit will be one of the five major exhibitions through the next 18 months. [<a href=\"https:\/\/www.standard.co.uk\/go\/london\/arts\/va-to-open-landmark-exhibition-of-fashion-photographer-tim-walkers-fantastical-work-a3890056.html\">Standard UK<\/a>]<\/p>\n<p><strong>PatMcGrath Labs gets $60 million in funding and a $1 billion valuation<\/strong><br \/>\nAnnounced on Monday, <a href=\"\/\/models.com\/client\/pat-mcgrath-labs\">Pat McGrath Labs<\/a>, the makeup line, received a $60 Million dollar investment from Paris-based Eurazeo Brands, joining Luxury Group as a shareholder. Started by the fashion industry\u2019s foremost makeup artist, <a href=\"\/\/models.com\/people\/pat-mcgrath\">Pat McGrath<\/a>, the additional investment puts her company at $88 million in funding. According to a Women\u2019s Wear Daily report, Pat McGrath\u2019s valuation is now upwards of $1 billion, 17 times its retail sales. The news is further evidence and fodder for the makeup industry boom. Glossier\u2019s Emily Weiss, just named in Fortune Magazine\u2019s 40 under 40, predicted on her Instagram that by 2024 it\u2019s going to be a \u201c750B\u201d industry. [<a href=\"https:\/\/www.businessoffashion.com\/articles\/news-analysis\/pat-mcgrath-receives-60-million-from-eurazeo-brands\">BOF<\/a>]<\/p>\n<p><strong>Alexander McQueen muse Annabelle Neilson dies at age 49<\/strong><br \/>\nBritish muse, socialite and Bravo\u2019s \u201cLadies of London\u201d star Annabelle Neilson was found dead last week at age 49. Neilson was a  fixture in the fashion coterie of the 90s and early aughts, model muse to the late Alexander McQueen. Early in her life, Neilson struggled with drug abuse, which she later recovered from. The cause of her death was by heart attack, said her sister Millie, to the Daily Mail. <\/p>\n<blockquote class=\"instagram-media\" data-instgrm-captioned data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/BlVZd-MhMMe\/\" data-instgrm-version=\"9\" style=\" background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:540px; min-width:326px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);\">\n<div style=\"padding:8px;\">\n<div style=\" background:#F8F8F8; line-height:0; margin-top:40px; padding:50.0% 0; text-align:center; width:100%;\">\n<div style=\" background:url(data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAACwAAAAsCAMAAAApWqozAAAABGdBTUEAALGPC\/xhBQAAAAFzUkdCAK7OHOkAAAAMUExURczMzPf399fX1+bm5mzY9AMAAADiSURBVDjLvZXbEsMgCES5\/P8\/t9FuRVCRmU73JWlzosgSIIZURCjo\/ad+EQJJB4Hv8BFt+IDpQoCx1wjOSBFhh2XssxEIYn3ulI\/6MNReE07UIWJEv8UEOWDS88LY97kqyTliJKKtuYBbruAyVh5wOHiXmpi5we58Ek028czwyuQdLKPG1Bkb4NnM+VeAnfHqn1k4+GPT6uGQcvu2h2OVuIf\/gWUFyy8OWEpdyZSa3aVCqpVoVvzZZ2VTnn2wU8qzVjDDetO90GSy9mVLqtgYSy231MxrY6I2gGqjrTY0L8fxCxfCBbhWrsYYAAAAAElFTkSuQmCC); display:block; height:44px; margin:0 auto -44px; position:relative; top:-22px; width:44px;\"><\/div>\n<\/div>\n<p style=\" margin:8px 0 0 0; padding:0 4px;\"> <a href=\"https:\/\/www.instagram.com\/p\/BlVZd-MhMMe\/\" style=\" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;\" target=\"_blank\">?<\/a><\/p>\n<p style=\" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;\">A post shared by <a href=\"https:\/\/www.instagram.com\/katemossagency\/\" style=\" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px;\" target=\"_blank\"> Kate Moss Agency<\/a> (@katemossagency) on <time style=\" font-family:Arial,sans-serif; font-size:14px; line-height:17px;\" datetime=\"2018-07-17T13:24:25+00:00\">Jul 17, 2018 at 6:24am PDT<\/time><\/p>\n<\/div>\n<\/blockquote>\n<p> <script async defer src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n<p><!--pp-thumb-start--><!--PictPress found no dir \/2018\/07\/109470--><!--pp-thumb-end--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>10 Corso Como is coming to New York After developing outposts in Seoul, Shanghai, and Beijing, Milanese concept store, 10 Corso Como, heads West to open its only U.S. location at the Seaport District this September, coinciding with New York Fashion Week. Former fashion editor and publisher, Carla Sozzani, sister of the late, great Franca,&hellip;<\/p>\n","protected":false},"author":436,"featured_media":109537,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10414,2],"tags":[11318,6249,9115,791,3938,11036,8198,2372,1524],"_links":{"self":[{"href":"https:\/\/models.com\/oftheminute\/wp-json\/wp\/v2\/posts\/109470"}],"collection":[{"href":"https:\/\/models.com\/oftheminute\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/models.com\/oftheminute\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/models.com\/oftheminute\/wp-json\/wp\/v2\/users\/436"}],"replies":[{"embeddable":true,"href":"https:\/\/models.com\/oftheminute\/wp-json\/wp\/v2\/comments?post=109470"}],"version-history":[{"count":33,"href":"https:\/\/models.com\/oftheminute\/wp-json\/wp\/v2\/posts\/109470\/revisions"}],"predecessor-version":[{"id":109543,"href":"https:\/\/models.com\/oftheminute\/wp-json\/wp\/v2\/posts\/109470\/revisions\/109543"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/models.com\/oftheminute\/wp-json\/wp\/v2\/media\/109537"}],"wp:attachment":[{"href":"https:\/\/models.com\/oftheminute\/wp-json\/wp\/v2\/media?parent=109470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/models.com\/oftheminute\/wp-json\/wp\/v2\/categories?post=109470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/models.com\/oftheminute\/wp-json\/wp\/v2\/tags?post=109470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}