The Jewish Museum Announces New, Major Collection Exhibition to Open Fall 2017

The Jewish Museums long-running collection exhibition, Culture and Continuity: The Jewish Journey, originally mounted in 1993, recently close, making way for a major, new collection display, Scenes from the Collection, opening in Fall 2017. Culture and Continuity’s last day on view was Sunday, February 12, 2017.

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The Jewish Museum (New York) logo

The Jewish Museum‘s unparalleled collection spans 4,000 years of Jewish culture through nearly 30,000 objects, including painting, sculpture, photography, decorative arts, ceremonial objects, antiquities, works on paper, and media. Scenes from the Collection will transform the Museum’s third floor and feature over 650 works from antiquities to contemporary art – many of which will be on view for the first time at the Museum. The exhibition was designed by Tsao & McKown Architects.

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Hanukkah Lamp, Orivit-Aktiengesellschaft (1900-1905), Köln-Braunsfeld (Germany), 1900-05. White metal: cast and silver-plated; glass: mold formed, 13⅞ x 12¾ x 5 5/16 in. (35.3 x 32.4 x 13.5 cm). The Jewish Museum, New York, Gift of Dr. Harry G. Friedman (?), F 3573.

The new exhibition will be divided into eight different sections, or scenes, highlighting the diversity and depth of the collection. The new installation will present the collection as a reflection of the continual evolution that is the essence of Jewish identity, as well as a powerful expression of artistic and cultural creativity.

Scenes from the Collection will immerse our visitors in a dynamic and engaging experience. Developed collaboratively among the Museum’s curatorial staff, the new installation is a reflection of the Jewish Museum’s unique position as an art museum exploring Jewish culture and identity through a contemporary lens,” said Claudia Gould, Helen Goldsmith Menschel Director of the Jewish Museum.

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Torah Binder, Rabat (Morocco), 19th century. Cotton: embroidered with silk thread, 9 1/2 × 103 3/4 in. (24.1 × 263.5 cm). The Jewish Museum, New York, Gift of Sonia Cohen Azagury, 2004-64.

In addition, Scenes from the Collection will be flexible, with four scenes changing annually, and one changing every six months, so that different subjects can be examined while more of the collection is on view. The stories the works of art tell will illuminate multiple perspectives on being Jewish in the past and present, how Jewish culture intersects with art and the art world, and how it is part of the larger world of global interconnections.

The eight scenes are:

Origins

Scenes from the Collection will start from the beginning – the year 1904 when the Museum was founded with a gift of ceremonial objects from Judge Mayer Sulzberger. Central to this section will be the question of what, why, and how the Museum has collected and what this says about the changing identity of the institution, the Jewish community, and the art world.

Constellations

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Laurie Simmons (American, b. 1949), Woman Listening to Radio, 1978. Gelatin silver print, sheet: 7 15/16 × 9 15/16 in. (20.2 × 25.2 cm); image: 5 3/16 × 8 in. (13.2 × 20.3 cm). The Jewish Museum, New York, Purchase: Horace W. Goldsmith Foundation Fund, 2013-1. © Laurie Simmons, image courtesy of the artist and Salon 94, New York

In “Constellations,” over 50 of the most visually powerful and culturally significant works in the collection – from antiquities to the twenty-first century – will be exhibited as individual gems but with powerful thematic connections to one another. Such issues will be explored as transforming and transcending tradition, cultural distinctiveness and universality, and ever-changing notions of identity. Groups of works will relate to each other aesthetically or contextually, creating multiple conversations. For example, three works that can be seen as challenging tradition are Peter Blume’s Pig’s Feet and Vinegar (1927), Laurie SimmonsWoman Listening to Radio (1978), and Nicole Eisenman’s Seder (2011).

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Nicole Eisenman (American, b. France, 1965), Seder, 2010. Oil on canvas, 39 1/16 × 48 in. (99.2 × 121.9 cm). The Jewish Museum, New York, Purchase Lore Ross Bequest; Milton and Miriam Handler Endowment Fund; and Fine Arts Acquisitions Committee Fund, 2011-3 © Nicole Eisenman.

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Tiffany & Co. Announces Chief Executive Officer Transition As Frederic Cumenal Steps Down as CEO

Chairman Michael Kowalski Will Serve as Interim CEO; Board Will Work with Executive Search Firm to Recruit Successor

Company Reaffirms FY 2016 Earnings Guidance

Tiffany & Co. today announced that Frederic Cumenal has stepped down as Chief Executive Officer, effective immediately. The Board of Directors has commenced a search to recruit a successor in which it will be assisted by a leading executive search firm. During this process, Michael J. Kowalski, Chairman of the Board of Directors and previous CEO of Tiffany, will serve as Interim CEO while continuing as Chairmantiffany-co-logo-hd

Tiffany is the internationally renowned jeweler founded in New York in 1837. Through its subsidiaries, Tiffany & Co. manufactures products and operates TIFFANY & CO. retail stores worldwide, and also engages in direct selling through Internet, catalog and business gift operations.

On behalf of the entire Board of Directors, I would like to thank Frederic Cumenal for his contributions to Tiffany,” said Mr. Kowalski. “At a time of continuing challenges in the global luxury market, Frederic has enhanced the management team and taken important steps to position Tiffany for success in the long term. We wish him the best in his future endeavors.”

Mr. Kowalski continued, “The Board is committed to our current core business strategies, but has been disappointed by recent financial results. The Board believes that accelerating execution of those strategies is necessary to compete more effectively in today’s global luxury market and improve performance. As such, we remain focused on enhancing the customer experience, increasing the rate of new product introductions and innovation, maximizing marketing effectiveness, optimizing the store network, and improving our business operations and processes, all while efficiently managing our capital and costs. We believe these initiatives and the pace of their execution are key to driving shareholder value. Tiffany is an iconic brand with a family of talented and committed employees to match, and I look forward to supporting both during the transition.”

Mr. Cumenal said, “I am proud of what we have accomplished at Tiffany and would like to thank the management team and our many talented employees around the world with whom I have had the pleasure to work. I have great confidence in Tiffany’s brand, strategic direction, and people, and I believe the Company will have many exciting opportunities in the future.”

Reaffirms Annual Guidance

The Company also affirmed, based on its plans and assumptions detailed in the January 17, 2017 holiday period sales news release, its fiscal year 2016 guidance described in that press release. The Company expects to report its fourth quarter and full 2016 fiscal year results, and also to provide its expectations for the 2017 fiscal year, on March 17 before the market opens.

For additional information, please visit www.tiffany.com or call the shareholder information line at 800-TIF-0110.

Kendra Scott Design Announces Investment from Berkshire Partners

Kendra Scott Design, Inc. (the “Company”), a leading fashion accessories brand led by founder Kendra Scott, announced that it has entered into a partnership agreement with Berkshire Partners, a Boston-based investment firm. Kendra Scott will continue as majority shareholder and CEO**. The Company’s senior leaders will remain in their current positions, focused on growing the brand’s omni-channel presence. Norwest Venture Partners will continue as a minority investor.2772772_ks_logo

(**Berkshire has a long history of partnering with management teams to build market leading growth companies.)

The brand is well-known for its comprehensive suite of elegantly designed jewelry pieces as well as lifestyle categories such as beauty, home goods and fine jewelry. The brand also offers the Kendra Scott Color Bar™, an innovative jewelry customization experience available in all Kendra Scott stores as well as online at www.KendraScott.com. Kendra Scott is sold at premiere retailers including Neiman Marcus, Nordstrom, Bloomingdale’s, Von Maur and over 600 specialty boutiques worldwide.

Scott, Designer and CEO, founded Kendra Scott Design with $500 from a spare bedroom in her home in 2002. Under her leadership, the Company has grown into a leading jewelry, home and beauty brand with more than 50 stores throughout the United States and significant wholesale and e-commerce operations. As the brand continues to grow, the company remains true to its founding philosophy of “Family, Fashion, Philanthropy” and “Kendra Gives Back: You Shop, We Give” initiatives to benefit both local and national charities across the country.bp_logo_grey_highres

Kendra and her team have built an authentic brand that is widely loved,” said Marni Payne, a Managing Director at Berkshire Partners. “The Company’s deep focus on its customers, commitment to product innovation and culture of giving back has led to impressive growth. We look forward to partnering with Kendra and her team to support their continued success.

We are delighted to have Berkshire invest with us at a very exciting time for our company,” said founder and CEO Kendra Scott. “Berkshire has significant experience in helping leading brands maximize their potential and a deep appreciation for the Kendra Scott culture and organization.”

Berkshire Partners, a Boston-based investment firm, has made over 115 investments since its founding in 1986 and has raised nine private equity funds with more than $16 billion in aggregate capital commitments. Berkshire has developed industry experience in several areas including consumer and retail, communications, business services, industrials and healthcare. Other investments in the retail sector have included Aritzia, Bare Escentuals, Carter’s and Party City. For additional information, visit www.berkshirepartners.com.

Jefferies LLC served as the exclusive financial advisor to Kendra Scott Design and Weil, Gotshal & Manges LLP and Kastner, Huggins, Reddien & Gravelle LLP served as legal counsel to the Company. Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to Berkshire Partners. The transaction is subject to customary closing conditions and is expected to close during the first quarter of 2017.

John Hardy Debuts First U.S. Flagship And Artisan In Residence Workshop

The Artisan Handcrafted Luxury Jewelry Brand Unveils an Experiential Retail Boutique in New York’s Soho

Luxury jewelry brand John Hardy announces the debut of its first U.S. flagship, situated in New York’s Soho neighborhood. Established in Bali in 1975, John Hardy is dedicated to the creation of ultimate beauty through artisan handcrafted jewelry. The master artisans honor original craft through the perfection of modern design, creating timeless one-of-a-kind pieces that are brilliantly alive. Each of John Hardy’s distinctive collections conveys evocative symbolism and honors the transmission of creative energy from the artist to the wearer. Since inception, the company has been deeply rooted in the essential values of community, artisanship and sustainability.

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John Hardy Debuts First U.S. Flagship And Artisan In Residence Workshop. Courtesy of John Hardy (PRNewsFoto/John Hardy

The flagship, which opened November 25, offers a highly differentiated and authentic shopping experience designed to engage all five senses with the myth and magic of Balinese artisanship. The highlight of the flagship is an experiential concept space on the boutique’s second floor, which will serve as a creative sanctuary for artisans and offer consumers immersive experiences.

THE ENCOUNTER: THE ARTISAN IN RESIDENCE

The Residence animates the creative spirit and storied craftsmanship of the John Hardy Jewelry Workshop in Ubud, Bali into a full sensory experience and will be dedicated to hosting artisan master classes, workshops, talks, and installations across dynamic disciplines. The space serves as a real workshop for John Hardy Artisans when in Residence from overseas. The first series will run December 10 – 23 and explore the brand’s signature 8-step jewelry-making process.JH Logo

THE EXPERIENCE: THE STORY OF TOUCH

The flagship weaves together scent, sound, light and art for a refined reimagining of the John Hardy Jewelry Workshop in Ubud, Bali. It is designed to herald transformative moments and inspire connection.

THE INSPIRATION: MAGIC OF BALI

Designed around a central display, clients are invited to navigate the boutique like the island of Bali itself, walking around its natural edges and exploring tactile moments of inspiration. True to founder John Hardy’s creative vision as an artist and environmental sculptor, the boutique walls showcase powerful collections like a gallery, encouraging guests to interact with every dimension of inspiration. The dynamic contours and exquisite detail of handcrafted jewelry is exhibited with bold authenticity—each piece, a work of art in and of itself.

A lush scent designed to conjure the verdant grounds of the Ubud Workshop transports and transfixes, as store lighting and sound shift throughout the day to evoke the rising and setting of the Balinese sun. All the while, a custom playlist blends nomadic beats and natural soundscapes, invoking the essence of wanderlust.

Signature carved wood details punctuate the space with rich walnut and hammered gold inlays, summoning elements of earthy softness and water reflection. A large-scale art installation hand-carved from teakwood tree root—the sustainable byproduct of production—serves as a dynamic focal point, manifesting creativity and celebrating the uncompromising artistic ethos behind the brand.

THE STYLE: SINGULAR. SUSTAINABLE.

In conceptualizing the space, architectural firm Design Republic sought to celebrate the brand’s heritage and roots in artisan craftsmanship forged by founder John Hardy in 1975. All millwork is custom designed and unique to the store. Natural and locally sourced materials reflect the brand’s commitment to community and artisanship while large jewelry display tables, made from locally sourced black walnut, recall the communal artisan’s table in the Ubud Workshop. Elements such as mirrors etched with the John Hardy chain motif and hammered brass accents, echo the objects of beauty on display.

The open yet immersive design sets the stage for a unique shoulder-to-shoulder selling experience, reminiscent of the warm hospitality in the Workshop. A client services team, robed in custom-designed natural fiber pieces by Balinese artisan brand Biasa, channel the elegance, effortlessness, and exploration of travel. Their style honors the timelessness of the John Hardy brand, serving as an inspiration—and an invitation—to be part of its tradition.

THE LOCATION: SOHO, NEW YORK

The John Hardy Flagship is situated in the heart of Soho’s luxury corridor at 118 Prince Street in a three-story landmark building from the early 1900s. The store will open Mondays through Saturdays from 10:00 a.m. until 6:00 p.m., and Sundays from 12:00 p.m. until 5:00 p.m. (212-343-9000) Continue reading

Tiffany & Co. Launches Video Series on Contemporary Art: New Ways of Seeing

On th eve of the 2016 edition of Art Basel Miami Beach, Tiffany & Co. will present the first of a five-part video series on contemporary art entitled New Ways of Seeing with each remaining video to be released in one-month intervals. Tiffany & Co. commissioned cultural leaders to script videos and examine different compelling art-related topics and is proud to highlight these critics and curators who push the boundaries of convention.tiffany-co-logo-hd

Tiffany & Co. has a long history of supporting the arts, guided by the belief that a successful company has a responsibility to the greater community. Tiffany’s legacy with the arts dates back to its founder, Charles Lewis Tiffany, an original trustee of The Metropolitan Museum of Art, and his son Louis Comfort Tiffany, a pioneering designer and jeweler of the American Art Nouveau movement. Tiffany continues its commitment to arts and culture with its support of the Whitney Museum of American Art in New York and its sponsorship of the next three Whitney Biennials through 2021.

The overarching concept for the videos was inspired by the 1972 BBC television series and book entitled Ways of Seeing, which uniquely examined how we look at art and the meaning of imagery through the context in which we view it. Tiffany & Co. has contemporized this discussion and tapped American art critic Jerry Saltz to write and star in the first episode. Saltz titled his three- and-a-half minute video “Art Contains Multitudes;” and it features the renowned critic engaging in insightful yet playful conversation with three contemporary artists. Portrait painter Kehinde Wiley shares his thoughts on how artists can revolutionize perception while artist Shantell Martin describes the simplicity behind her process. Irish artist Oliver Jeffers acknowledges the fine line between creation and destruction.

The new film series explores how the role of art has evolved alongside our lives, and ideas in the digital world that reflect how we consume information and record our creativity today,” said Frederic Cumenal, Chief Executive Officer, Tiffany & Co. The next episode of New Ways of Seeing is written by performance artist Miranda July and takes a closer look at the debate around what exactly constitutes art.

Tiffany is the internationally renowned jeweler founded in New York in 1837. Through its subsidiaries, Tiffany & Co. manufactures products and operates TIFFANY & CO. retail stores worldwide, and also engages in direct selling through Internet, catalog and business gift operations. For additional information, please visit Tiffany.com

TIFFANY, TIFFANY & CO., and T&CO. are trademarks of Tiffany and Company and its affiliates.

#NewWaysOfSeeing #TiffanyArts @tiffanyandco

2016 Black Friday Report: Walmart Delivers Deals, Availability and Simplicity on Black Friday

Walmart issued the following statement on how the company delivered on its Black Friday plans for customers. The retailer also unveiled top products purchased on Black Friday and how customers shopped that day in stores and online.wmt_h_r_4c_highres

This Black Friday, we promised customers great deals, more availability of those items, an integrated offering with Walmart.com and the simple shopping experience our customers have come to expect from Walmart. I am proud to say that we’ve delivered on all fronts,” said Steve Bratspies, Chief Merchandising Officer, Walmart U.S.Our customers were particularly excited about the new technologies we offered this year. In addition to picking up Black Friday favorites like televisions and toys, they flocked to our stores for drones, virtual reality products and hoverboards.

Walmart Thanksgiving Shopping Events

Happy Walmart customer reacts to receiving a Hatchimal, one of the season’s hottest toys. (Photo: Business Wire)

Thanksgiving and Black Friday Fun Facts and Stats:

  • The week kicked off with customers visiting stores in the days leading up to Thanksgiving to grocery shop. This Thanksgiving, Walmart sold 150 million pounds of turkey and ham. Throughout the month of November, the retailer also sold more than six pies per second with the most popular pies being pumpkin and the Patti LaBelle Sweet Potato Pie.
  • Black Friday is about offering great deals in stores and online. At midnight ET on Thanksgiving Day, customers started shopping on Walmart.com and the Walmart app. Thanksgiving Day was once again one of the top online shopping days of the year.
  • Then, at 6 p.m. the retailer kicked off the company’s Black Friday event in stores across the country. Millions of customers went home with the items they wanted. Top sellers included televisions, cookware, video games and systems, drones, toys and pajamas for the whole family.
  • More than 70 percent of traffic to Walmart.com during the retailer’s Black Friday event was driven by mobile.
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    (Image courtesy of Walmart)

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    (Image courtesy of Walmart)

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    (Image courtesy of Walmart)

It is not over. Walmart’s Cyber Week began at 12:01 a.m. ET on Friday, Nov. 25, and will continue with thousands of online specials every day throughout the week.

We will continue to focus on offering great prices on great products across the whole store and on Walmart.com for the rest of the holiday season,” Bratspies added.

2016 Black Friday Report: Target Reports Strong Start to Black Friday in Stores and Record-Breaking Online Sales

Savings To Continue With New Discounts And Unprecedented 15 Percent Off Two-Day Sale In Stores And Online This Sunday And Monday

Target Corporation today reported a strong start to the holiday shopping season. Millions of guests visited Target stores across the country and www.Target.com, which had its biggest day ever and experienced double-digit growth, to save on Black Friday deals, including the retailer’s lowest prices ever on select items.

Target Holiday Black Friday 2016

Target Holiday Black Friday 2016 (Image courtesy of Target)

Shopping at Target has become an annual Thanksgiving tradition for millions of our guests, and we’re thrilled at the response we’ve seen this year. We had a record-breaking day on Target.com and traffic to our stores was strong,” said Brian Cornell, chairman and CEO of Target, who greeted shoppers at the Jersey City Target store in N.J. on Thanksgiving and who rang the opening bell at the New York Stock Exchange in celebration of Kids Day earlier this morning. “This year, we doubled down on offering guests an incredible assortment at outstanding prices. Based on early results, it’s clear that our deals are cutting through. We expect this momentum to continue throughout the weekend and into next week as we offer Target’s guests a truly unprecedented opportunity to save 15 percent off nearly everything online and in our stores this Sunday and Monday.”

Target Holiday Black Friday 2016

Target Holiday Black Friday 2016 (Image courtesy of Target Corporation)

Black Friday Pre-Sale and Thanksgiving Day Shopping

On Wednesday, guests started their shopping early with Target’s Black Friday pre-sale on Target.com. New this year, Target’s guests could take advantage of pre-sale deals in stores via Cartwheel, resulting in the biggest day ever for new users of the popular savings app. Early on Thursday morning, the savings continued as Target offered guests access to nearly all of its Black Friday doorbuster deals on Target.com. Target.com had a record-breaking day, with traffic and sales eclipsing 2015 Cyber Monday, driven largely by doorbusters in electronics. Target also saw an increase in guests shopping via mobile, contributing to more than 60 percent of the retailer’s online sales. Top performing Black Friday deals at Target include:

  • TVs were a top seller, with more than 3,200 TVs sold every minute in the first hour of store opening.
  • Apple products were among the most popular deals, with guests taking advantage of savings on the iPad Air 2, iPad Pro and Apple Watch Series 1.
  • Popular gaming systems included Xbox One S and PlayStation 4. Target sold half a million video games within the first hour of store opening.
  • Wearables saw a 50 percent sales increase, including the Fitbit Charge HR.
  • Top-selling toys included LEGO, NERF, Our Generation and the Jetson V6 Hoverboard, which sold out in minutes on Target.com.

    Target Holiday Black Friday 2016

    (Image courtesy of Target Corporation) 

  • Target sold five times more wireless headphones this Black Friday compared to last year, including the popular Powerbeats Wireless In-Ear Headphone 2.
  • Robotic vacuums, including the Hoover Quest 700 Robotic Vacuum, generated 10 times the sales compared to last year.
  • Sales for family sleepwear were nearly double compared to last year, driven by a 30 percent off savings plus an additional 15 percent off in stores with Cartwheel.
  • And, the 3-foot stuffed bear for $10, a surprise hit from last year, sold out quickly in stores across the country.

The Savings Continue, Including 15 Percent Off in Stores and Online Continue reading