BOOTS’ DOWNHILL WALK: The sale of the Halfords’ auto parts chain knocked down The Boots Group plc’s net income for the year ended March 31 by 25 percent to $493 million, or 59 cents a diluted share, from $659.5 million, or 75...
BOOTS’ DOWNHILL WALK: The sale of the Halfords’ auto parts chain knocked down The Boots Group plc’s net income for the year ended March 31 by 25 percent to $493 million, or 59 cents a diluted share, from $659.5 million, or 75 cents. The firm incurred a $200 million loss on the divestiture, which garnered $696 million. Sales were essentially flat, declining 0.1 percent to $8.68 billion from $8.69 billion and were up 6 percent, to $8.3 billion, for continuing operations. Dollar figures are converted from the pound at current exchange. Sales growth in beauty and toiletries was 6.8 percent, reflecting a strong performance in cosmetics, where sales were up 11.1 percent. Skin care sales were up 6.2 percent and sun care was up 13.8 percent. The company did not break out sales figures for its product divisions.
LANGHAMMER’S OPTIONS: The Estée Lauder Cos. president and chief executive Fred Langhammer exercised options to purchase 200,000 shares of the firm’s common stock on May 30, according to a Form 4-A filed with the Securities and Exchange Commission. On that same day, he sold 200,000 shares at prices ranging from $33 to $33.34, netting a total of more than $4 million after subtracting for the cost of the shares. The options had been exercisable since January 2000 and were set to expire in November 2005. Langhammer continued to hold 100,050 shares of Lauder’s common stock, as well as options to purchase another 4.1 million at various exercise prices.
CACHAREL CHANGE: Annalisa Loustau-Elia has been named international general manager for L’Oréal’s Cacharel and Guy Laroche beauty brands. Loustau-Elia replaces Cecile Begue-Turon, who left the firm after holding the position since fall 2000. Loustau-Elia was formerly the director of international marketing of baby care at Procter & Gamble’s Pampers brand.
ARDEN BREAK-IN: The Elizabeth Arden New York office was broken into last weekend and 10 to 12 laptops containing company information were stolen. According to a company source, it was discovered that unauthorized people were in the building located at 200 Park Avenue South on Saturday and Sunday. Another source revealed that there was also a robbery in the company’s Geneva office in the last month. A company spokeswoman confirmed the reports, but declined further comment.ROCKIN’ OUT: Slatkin & Co. has introduced a new potpourri under its Elton John candle collection, called — naturally enough — Elton Rocks. Slatkin gives part of the sale proceeds of each Elton John item to the Elton John AIDS Foundation and, to date, the collection has generated $600,000 for the foundation.
LANCOME LIMELIGHT: Once again, Lancôme will serve as the exclusive beauty partner of the Academy of Television Arts and Sciences for the 55th Annual Primetime Emmy Awards. Lancôme will provide ongoing counsel on the latest trends, colors and collections for award-season events. In addition to other involvement, on the night of the awards, Lancôme will provide attendees with one-on-one consultations from trained artists.
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty