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Wednesday, July 09, 2008
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RETAIL
Iraq isn't the first place that comes to mind for retail expansion, but at least one fashion company is venturing where none has gone.
Seeking to extend its buying spree, NRDC Equity Partners, owner of Lord & Taylor and Fortunoff, is aggressively pursuing Hudson's Bay Co. of Canada, sources said.
Five years after launching his namesake business, Derek Lam is moving ahead with the help of a new financial partner.
Fashion Scoops: Sensual Types... Eau De Galliano... Back At The Tents...
For four of the world's most sought-after women — all of who appear in the advertising campaign for Estée Lauder's new Sensuous women's fragrance — sensuality is about more than sex.
Memo Pad: Celeb Champ... Global Gossip... Elie's World...
Former Helmut Newton muse, actress and model Jo Champa has been hired to bring some red-carpet flash and gossip to Vogue Italia and L'Uomo Vogue.
Bringing Home Six Figures and Fewer Luxuries
The mind-set, shopping and spending habits of luxury consumers are fast changing. About one in five affluent Americans is turning away from indulgence and toward less materialism, as they express commitment to values like sustainability and contentment with buying good products instead of the best.
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