Chanelcouture09
Some Like It Hot
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^Yes it was $50M , i finally found the article on Nymag.com, and it will be Fall/Winter 2011 if it all goes to plan, here are the articles .
I Really don't know Where i got $200M figure from .
I Really don't know Where i got $200M figure from .
Tom Ford finally confirmed he will launch Tom Ford womenswear "very soon." He could not specify a date, but sources have told WWD that fall 2010 could be a possibility. Domenico De Sole, Ford's longtime business partner, is hunting for financing for the ladies' line. “Financing is extremely expensive right now, so if we find financing in the right situation we’ll be able to start [a women’s collection] soon. If we don’t, we may have to wait a while,” Ford said. De Sole would not say how much they're seeking, but it's said to be around $50 million. Ford added that once he gets the money, he'll need eighteen months to get the line off the ground so he can find factories and get the stores ready.
It's a good time for Ford to branch out, because his menswear is doing pretty well, bad economy considered. Ford explained, “Our customer has been a little bit insulated, meaning of course they’ve lost money like everyone else, but they’re still in a much better position than other people. They may not be buying a new apartment or a new painting, but they’re still buying clothes.” It's unclear if Ford's new womenswear line will come with stores of its very own. But if they do, they ought to be the antithesis of Tom Ford's men's stores, the bastion of all things fine and manly, from Scotch (or the liquor of your choice) to walking sticks to $9,240 fur boots to $990 jeans with real gold buttons. We're not quite sure what the ladies' version of that is, but we're imagining red velvet on the walls, embellished long cigarette holders, possibly hookahs, a walk-in vodka freezer, and denim shorts that show juuuuuust the right amount of *** cheek.
TOM FORD womenswear looks closer to becoming reality this morning as rumours intensify that the designer is building a design team - and has begun recruiting accessories specialists, WWD reports - in preparation for the debut collection. The designer confirmed last year that it was a matter of "when" not "if" he would launch a women's line.
"Financing is extremely expensive right now, so if we find financing in the right situation we'll be able to start [a women's collection] soon. If we don't, we may have to wait a while," the former Gucci and YSL helmer said in October 2009. "You know it will take me 18 months when I start, because [I have] to hire the team, find the factories, put everything together and then get the stores ready so there's a place for these clothes."
It seems, six months on, that those plans are now finally underway.
*Nymag & Vogue.co.ukTOM FORD may be reluctant to comment, but sources within the industry claim that the designer is slowly building his womenswear team in anticipation for the launch that he himself has asserted is a matter of "when, not if". Caroline Tixier, a women's ready-to-wear designer at Givenchy, and Pablo Coppola, an accessories designer at Alexander McQueen, have both been recruited, WWD reports, and the launch looks likely to be in for autumn 2011.
"Financing is extremely expensive right now, so if we find financing in the right situation we'll be able to start [a women's collection] soon. If we don't, we may have to wait a while," the former Gucci and YSL helmer said last year when asked about the launch. "You know it will take me 18 months when I start, because [I have] to hire the team, find the factories, put everything together and then get the stores ready so there's a place for these clothes."
It seems that plan is already in motion - and we may see Tom Ford womenswear designs next year.