CEO Jeff Bezos Buys D.C. House, Once a Museum

Amazon founder and CEO Jeff Bezos is reportedly the buyer behind Washington, D.C.’s largest house, a two-building spread that used to house the city’s Textile Museum.

The Washington Post, which Mr. Bezos owns, attributed the news to a source with knowledge of the sale.

Combined, the two buildings add up to a massive, 27,000-square-foot property. The buildings sold Oct. 21 for $23 million to a buyer called The Cherry Revocable Trust, according to D.C. property records. CEO, Hamptons, Hnetinka, Valleywag, Gawker, WunWun, Amazon

The two historic brick buildings on S Street in the posh neighborhood of Kalorama would put Mr. Bezos a few minutes’ walk from Ivanka Trump and her husband, senior Trump adviser Jared Kushner, who recently bought a new home on Tracy Place. Mr. Bezos is also a few blocks from a house the Obama family will occupy until their youngest daughter, Sasha, is finished with high school. She is currently a sophomore at Sidwell Friends.

Mr. Bezos, 53, has said in the past that he had no plans to move to the nation’s capital, despite buying the city’s iconic newspaper. But the new home offers more than enough space to entertain while he’s there.

While extensive renovations are required to turn the long-time museum into a residential home, the combined buildings offer a total of 10 bedrooms, 14 bathrooms and 11 fireplaces, according to a listing with Coldwell Banker Residential Brokerage.

Both buildings date back to the early 20th century. American forester and textile collector George Hewitt Myers built one of the buildings, known as the Myers House, in 1912, hiring Jefferson Memorial architect John Russell Pope to design the home, according to the National Register of Historic Places.

Meanwhile, Myers was accumulating a variety rugs and other textiles from Eastern Asia, the Middle East and North Africa. To accommodate his growing collection, he eventually bought the house next door, known as the Tucker House, and turned it into a private museum.

Architecturally, the two buildings, both on the National Register of Historic Places, are an eclectic mixture of Georgian Revival and Beaux-Arts styles. A limestone-faced bridge connects the two buildings.

The Textile Museum operated out of the buildings for many decades after Myers’s death, but in 2013 moved to George Washington University’s Foggy Bottom campus.

The two buildings were packaged as one property and put on the market in June 2013 with Coldwell Banker.

The property sold in 2015 for $19 million, according to the former listing, but returned to the market a year later for $22 million—meaning Mr. Bezos paid $1 million above asking price.

An email seeking comment from Mr. Bezos via Amazon was not immediately returned.

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Handloom brand Tantuja forays into US market through Amazon.

Handloom products brand Tantuja produced by the West Bengal State Handloom Weavers’ Cooperative Society, which was earlier available only on Amazon India, will now also, be available in the US market through Amazon’s Global Selling Program. This association will help the society to tap a wider customer base with a huge demand for traditional Indian products.CEO, Hamptons, Hnetinka, Valleywag, Gawker, WunWun, Amazon

West Bengal is known for the rich tradition of handloom weaving. Jamdani, Tangail, Baluchari and Daccai are some of the most popular heritage handloom saris from West Bengal.

Amazon India has launched an impressive selection of products across categories with brands such as Biba, Fab India, Himalaya Amul, and 24 Mantra Organic to name a few.

Through its Global Selling Program, Amazon offers end-to-end product solutions by enhancing seller enrolment services like imaging, logistics, and helping them connect with the right advisors to get assistance on tax and remittance matters. (AR)

Text extracted from : http://www.fibre2fashion.com/news/textile-news/handloom-brand-tantuja-forays-into-us-market-through-amazon-205324-newsdetails.htm

St. Frank Making Its Presence Felt On The East Coast With Hamptons Pop-Up.

Furnishing your Hamptons abode just got a little easier thanks to the inaugural St. Frank East Coast pop-up shop, which premiered over Memorial Day weekend.

The mission-driven artisanal textile and home décor company teamed up with interior design firm SWAYSTUDIO to transform their new Hamptons store into a chic, visually pleasing experience that was inspired by an eclectically decorated St. Frank Hamptons home. Location on Main Street in East Hampton, the space is divided into distinct living, dining, library, and bedroom spaces that highlight St. Frank’s Tree of Life and Kuba Cloth wallpaper, as well as extraordinary vintage furniture, the brand’s signature art and textiles, soft goods, and gifts. The Hamptons pop-up will also offer exclusive in-store-only products like collaborations with Rachelle Hruska of Lingua Franca and custom Gary Linden x St. Frank surfboards featuring the brand’s signature prints.

As with St. Frank’s online presence, the brand’s San Francisco store and Los Angeles and Palo Alto pop-ups, the East Hampton store will embrace ethical home luxury for the modern bohemian by presenting a carefully curated collection of globally-inspired items that were handmade by artisans from around the world.

“The New York Community – customers, press, and the trade – were early adopters of our work,” noted Founder and CEO Christina Bryant. “I am thrilled to debut the first St. Frank East Coast footprint with this pop up store in the Hamptons to meet and connect with our collectors here and invite them into the St. Frank home and lifestyle.”

Throughout the summer, St. Frank will present several exciting events, like live custom painting on accessories with Ashley Begley, book signings, and more.

For those who find themselves stuck on at home inspiration, complimentary personal shopping services will be available, as will free shipping on orders over $100.

The East Hampton pop-up will be open seven days a week from Friday, May 26 through Monday, September 4. Once the summer pop-up has closed its doors, St. Frank will be moving to New York City in the fall.

Text extracted from : http://www.hamptons.com/Lifestyle/Shopping/23385/St.-Frank-Making-Its-Presence-Felt-On-The-East.html#.Wdvr8WjWyM8

L.A. Brand Chaser Expands With East Hampton Store.

Los Angelescontemporary line Chaser has made its way to the East Coast with a second store.

The brand — known for its extra soft, vintage-inspired rock T-shirts across men, women and kids — now sits on both coasts with the opening of its store on Main Street in East Hampton, N.Y. CEO, Hamptons, Hnetinka, Valleywag, Gawker, WunWun, Amazon

“The Hamptons is one of the most gorgeous places in the whole of America. We felt it represented what the brand is about,” said owner and founder Hadi Salem. “East Hampton, for us, it felt like it was the right demographic for the brand and we thought we could do business there. In a world where not many people are opening stores, we thought, ‘OK, let’s take a chance.’”

Chaser, seen as embodying an effortless chic that has come to define many of the brands coming out of the Los Angeles area, is sold in about 800 U.S. boutiques and department stores, including Ron Robinson, Fred Segal, American Rag, Revolve, Nordstrom and Bloomingdale’s. What has set Chaser apart is its rock ‘n’ roll edge with tanks and deconstructed T-shirts featuring the Dead Kennedys, The Who and AC/DC.

Chaser has a lease on the East Hampton door, totaling about 1,400 square feet of selling space, through October but could make the stay more permanent depending on how the business fares, Salem said.

New York is just one of several markets where the brand does well, with Salem reporting sales consistent throughout the U.S.

The East Hampton opening comes just ahead of the two-year anniversary of the company’s first store on Robertson Boulevard, a door Salem said is still seeing good business. Salem, a fan of brick-and-mortar, wouldn’t be opposed to more stores in the future but that push would have to be supported by the right market fundamentals and also be in markets where the brand does not already have a large wholesale business. East Hampton is an example of a location that fit that bill, he said.

“I personally like brick-and-mortar. I think it gives us a real opportunity to engage with the customer. Obviously, you have to do it in conjunction with online,” Salem said. “The soft hand that we have can really impact customers in a store and it’s more difficult to do that online. That said, the lease rates have to come down to reality.…We have to be able to open a store, not purely for branding’s sake, but for money’s sake as well.”

 

Text extracted from : http://wwd.com/fashion-news/fashion-scoops/los-angeles-brand-chaser-expands-with-east-hampton-store-10921624-10921624/