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Business

Hong Kong Loses Ralph Lauren Flagship, Braces for More Closures

Ralph Lauren quietly shuttered its two-year-old 20,000-square-foot store last week. Other brands are expected to close boutiques in a city that has lost its luster for cash-rich mainland Chinese tourists.

clock 10hAmanda Kaiser and Tiffany Ap

Beauty

WWD Beauty Inc Honors the Industry’s Best for 2016

The 15th-annual awards ceremony recognized the accomplishments of a cross section of beauty executives.

clock 17hLayla Ilchi

Business

Michael Jordan Wins Trademark Case in China

The decision could be a landmark ruling for Western brands in China.

clock December 8, 2016Nyima Pratten

LAUDER CUTS PROFIT FORECAST

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Overview

From This Issue

Fashion Features

LAUDER CUTS PROFIT FORECAST

NEW YORK — The Estee Lauder Cos. Inc. is protecting its market share, but will miss profit expectations, much to the chagrin of Wall Street.

Lauder, based here, set its fourth-quarter projections at 18 cents a diluted share, before charges, 2…

clock July 3, 2002WWD Staff

Financial

PRADA DELAY WON’T AFFECT ASSETS

MILAN — Three initial public offering postponements notwithstanding, Prada Group isn’t scrambling for a quick fix.

It’s not gearing up to sell off assets or seek fresh bank loans in a bid for cash, chief financial officer Riccardo Stilli told WWD…

clock July 3, 2002WWD Staff

Fashion Features

SEARS’ NEW STRATEGY: GETTING MORE SERIOUS ABOUT ITS SOFTER SIDE

NEW YORK — Sears, Roebuck & Co. has done a 180.

After recently flirting with the idea of getting out of apparel entirely, but realizing it is too big to drop, the retailer is now committed to once again growing the business. The willingness to…

clock July 3, 2002WWD Staff

People

EYE SCOOP

WHEN IN ROME: If London was so Nineties — and many European art world observers do believe that city’s artistic supernova has peaked and is dimming — what city is the next European art hotbed? Berlin? Paris? Vienna? Would you believe Rome?…

clock July 3, 2002WWD Staff

People

EYE

Jennifer Aniston, who plays a working-class Texan in the edgy indie “The Good Girl,” rushed past the crowd — sans Brad Pitt — to join pals Ben Stiller and Heather Graham at the film’s screening, which closed out the Los Angeles Film Festival on…

clock July 3, 2002WWD Staff

People

SCIENCE FICTION

NEW YORK — So what happens when the free-flowing mind of an artist is given license to disobey the laws of physics that dictate architecture? Sixteen artists explore the concept of fictional architectural spaces in the New Museum of Contemporary…

clock July 3, 2002WWD Staff

Fashion Features

Fashion Scoops: Seeing Red … People Leaving People … Top of the Pops …

SEEING RED: Many a designer has dubbed the Oscar red carpet as the world’s greatest runway. But what if the Olympics of award shows is bumped up to February — smack in the middle of the European collections? That could be a reality come 2004 if the…

clock July 3, 2002WWD Staff

Fashion Features

Tape That

CHICAGO — When Natalie Williams and Christopher Eaton strolled into the Oak Park-River Forest High School prom, heads turned, girls pointed and some even gasped.

Not only was the couple striking — Williams in a long white strapless gown with…

clock July 3, 2002WWD Staff

Fashion Features

TAPE THAT

CHICAGO — Talk about scene-stealing. Natalie Williams and Chris Eaton arrived at the Oak Park-River Forest High School prom in outfits made entirely of duct tape. It may sound like the latest look out of Antwerp, but Williams and Eaton actually spent…

clock July 3, 2002WWD Staff

People

THE CLASS OF ’02

NEW YORK — Prom is big business. There’s the hair and the nails, the corsage and the limo. And most importantly: The Dress. All across the country last month, girls got ready for the biggest night of their high school careers — and they did it…

clock July 3, 2002WWD Staff

Financial

ANNE KLEIN’S REALITY CHECK

NEW YORK — Anne Klein has significantly boosted its ad budget for fall, with a campaign that puts reality at center stage.

The ads show Bridget Hall, who in late 2001 signed a two-year contract with Anne Klein, rushing up the stairs at Grand…

clock July 3, 2002WWD Staff

Financial

CIT SHARES FALL ON FIRST DAY

NEW YORK — Both Tyco International Ltd. and CIT Group exhaled in relief late Monday when the former successfully spun off the latter in an initial public offering, but a bear market Tuesday caused CIT shares to fall $1, or 4 percent, to close at…

clock July 3, 2002WWD Staff

Financial

STORES ON JULY 4: SECURITY IN PLACE, AS ARE THE SALES

NEW YORK — For the Fourth of July, malls are hoping that America’s passion for shopping outweighs anxieties over a terrorist strike.

The Fourth is typically a big volume day, filled with special promotions, special events and markdowns, and…

clock July 3, 2002WWD Staff

Financial

WARNACO REQUESTS EXTENSION

NEW YORK — The Warnaco Group Inc., which was expected to file a reorganization plan on July 31, has asked a bankruptcy court for a one-month extension, according to court papers filed Tuesday.

The company said it wants to file a plan by July 31,…

clock July 3, 2002WWD Staff

Fashion Features

2004: THE POST-RETRO ERA TO BEGIN

NEW YORK — Attention sportswear makers: Peasant tops, sheer blouses and ruffly skirts might be all the rage now, but come 2004 these relaxed hippie looks will have split the scene.

A more tailored and minimalist way of dressing will set in….

clock July 3, 2002WWD Staff

Fashion Features

GLOBAL POWERS

THE TOP 20 LARGEST RETAILERS IN THE WORLD ACROSS ALL CATEGORIES

1

Wal-Mart Stores Inc., Bentonville, Ark.

2001 Sales: $219.8 billion

2000 Sales: $193.3 billion

The big daddy of retailing, Wal-Mart has a presence in Argentina, Brazil, Canada,…

clock July 3, 2002WWD Staff

Fashion Features

HYPE STORE OPENS, DENIM ON WAY

LOS ANGELES — With a new store, a successful tweens line debut and soon-to-be-launched denim and swim lines, Hype has much to get hyped about.

The eight-year-old young contemporary brand celebrated its entrance into retail on June 26 at its new…

clock July 3, 2002WWD Staff

Fashion Features

IN BRIEF

BABES IN BUFFETTLAND: Warren Buffett’s Berkshire Hathaway Inc. Tuesday agreed to buy children’s clothing maker Garan Inc. in a cash deal valued at $270.6 million. Omaha-based Berkshire said it will pay Garan shareholders $60 a share, a 6.8 percent…

clock July 3, 2002WWD Staff

Fashion Features

IN THE MIDDLE

QUITE A DOLL: The plus-sized model Emme, who is also host of E’s “Fashion Emergency,” is out to challenge Barbie. She has become the inspiration for the Emme Doll, being touted as the first full-figured fashion doll.

Bowing at FAO Schwartz stores…

clock July 3, 2002WWD Staff

Fashion Features

SAGE: LOOKING FOR CALIFORNIA GOLD

LOS ANGELES — Call California’s garment entrepreneurs passionate or prickly, unorthodox or exasperating. Whichever, investment bank The Sage Group LLC has a soft spot for them.

The wealth of small- and mid-sized beauty and apparel companies based…

clock July 3, 2002WWD Staff

Fashion Features

UP AND AWAY

NEW YORK — Up or down? That’s the big beauty question of prom night.

Jessica Ragusa, a senior at the Bronx High School of Science, let WWD follow her through a sacred pre-dance ritual — getting her hair done. This Upper East Side teen booked…

clock July 3, 2002WWD Staff

Fashion Features

WORK CONDITIONS IMPROVE AT CAMBODIAN FACTORIES

NEW YORK — In what it called evidence that monitoring foreign factories can help improve working conditions, the International Labour Organization said it found “encouraging signs of improvement” in its third round of inspections of Cambodian…

clock July 3, 2002WWD Staff

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