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Fashion

Fashion's Game of Musical Chairs Quickens in Paris

The spring shows feature debuts at four major brands, prompting reflection on the pace of designer change.

clock 7hMiles Socha

Retail

Tough Times for Neiman's as Firm Battles 'Challenges'

The luxury chain has been battling the luxury malaise.

clock 21hDavid Moin

Retail

Focusing on Spring, Buyers Praise Milan's Creative Energy

The city has not lost its sizzle, once again led by Prada and Gucci.

clock 15hWWD Staff

Cho?l: Innovation is Perpetual Driver

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Overview

From This Issue

Fashion Features

Choël: Innovation is Perpetual Driver

EVIAN, France — Creativity and innovation were watchwords in the keynote address given by Patrick Choël, president of the Perfumes and Cosmetics Division at LVMH Moët Hennessy Louis Vuitton.

“Creativity is what makes our…

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Fashion Features

P&G Shows Team Spirit

EVIAN, France — Procter & Gamble could be looking for a few good beauty partners.

Speaking at the WWD Beauty CEO Summit in June, P&G chairman and chief executive officer A.G. Lafley said that currently nearly 90 percent of the…

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Fashion Features

Gurus Speak Out

EVIAN, France — Marketers can learn from the past, but they also need to be mindful of what the future holds.

So were the messages of industry gurus, those management consultants to whom brand marketers turn for inspiration. And for…

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Fashion Features

Ikeda’s New Century of Relationships

EVIAN, France — “I find myself sounding very much like a preacher,” joked Morio Ikeda, president, chief executive officer and chief operating officer of Shiseido Company, Ltd., as he quoted from the Bible during his keynote address at the WWD…

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Fashion Features

Jung: Leading the Way for Change

EVIAN, France — A new world order is coming, predicted Andrea Jung, chairman and chief executive officer of Avon Products. And the beauty model that will dominate is the one that successfully reinvents itself first.

“I think we are in the…

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Fashion Features

Retailers Hash Out Reinvention Strategies

EVIAN, France — All the world may be a stage, but the problem with retail is that there’s not enough theater. Bucking the beauty downturn, however, are a handful of stores that are enticing scores of shoppers and eliciting rave reviews….

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Fashion Features

Making the Old New Again

EVIAN, France — Reinventing a mature brand may be an art, but there are marketers who have elevated it to a science.

Four of these marketers made up the third panel of the WWD Beauty CEO Summit, titled “Brands — The Art of…

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Fashion Features

Puig CEO Weighs Growth Methods

EVIAN, France — A company is made of tangible and intangible parts, said Javier Cano, chairman and chief executive officer of Puig Beauty and Fashion Group, in his keynote address titled “The Value of a Company — Internal Ways to…

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Fashion Features

Trapani Ties Success to Diversification

EVIAN, France — If keynote speaker Francesco Trapani could sum up his growth strategy in one word, it would likely be “diversification.”

Diversification in all areas of his company has been a goal of Trapani’s for years. As chief…

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Fashion Features

Industry Execs Look to Consumers

EVIAN, France — The consumer has taken control.

So concluded a panel of beauty industry executives representing retail, manufacturing and consulting firms at the WWD CEO Beauty Summit here in June.

Maybe there had been a time when…

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Fashion Features

Perrin Indentifies

EVIAN, France — “Customers are looking for a more intimate and confidential experience,” confirmed Alain Dominique Perrin, chief executive officer of Richemont SA, in his keynote address at the WWD CEO Beauty Summit.

“Scarcity and…

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Fashion Features

Plotting a Course for Fragrance

EVIAN, France — Is the fragrance industry in crisis?

It all depends on who you ask, according to participants in a town hall–style meeting at the WWD Beauty CEO Summit here.

According to Patrick Firmenich, chief executive…

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Fashion Features

Anticipating the Brand of Tomorrow

EVIAN, France — What’s the magic formula for today’s beauty brands tomorrow?

That was the topic of discussion for the panel led by Heidi Manheimer, president of U.S. operations at Shiseido Cosmetics (America) Ltd. Other…

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Fashion Features

Lasting Value in Short-Term World

EVIAN, France — How to best develop a long-term business in the increasingly short-term beauty world? A panel discussion, led by Groupe Clarins’ chief executive officer, Christian Courtin, tackled the issue.

“Our challenge today is…

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Fashion Features

Spa Treatments for At Home

NEW YORK — Mass marketers hope a trip to Rite Aid can be as pampering as a day at Bliss.

Spa products — once relegated to only fine salons and spas — have hit the mass market. Spa-inspired launches were among the highlights at…

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Fashion Features

TOP NOTES

NU-NET: Nu Skin Enterprises Inc.’s second-quarter profits leapt 55.7 percent to $18 million, or 22 cents a share. Adjusting for an accounting change, which eliminates goodwill amortization in the year-ago period, net income jumped 35.6 percent….

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Fashion Features

Revlon’s Own Bond Girl

NEW YORK — Who wants to be a Bond girl?

With the release of the 20th James Bond movie this November, Revlon hopes lots of women do.

James Bond and Revlon “are two iconic brands, they both stand for sophistication, excitement and…

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Fashion Features

Beauty at The Summit

EVIAN, France — Leaders of the global beauty industry came together on the picturesque shores of Lake Geneva for a historic meeting of minds in late June. For four days during the fourth WWD Beauty CEO Summit, the most daunting challenges and…

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Financial

Claiborne Net Leaps 19.5%

NEW YORK — Improved execution and its recent Mexx Canada acquisition lifted Liz Claiborne Inc.’s second-quarter earnings 19.5 percent, a penny above analysts’ expectations.

For the three months ended June 29, net income was…

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Financial

Pinault Quells PPR Debt Fears

PARIS — Pinault Printemps Redoute, the diversified retailer controlled by François Pinault, is on the defensive.

Instead of discussing its first-half sales, which dipped 1.5 percent to $13.21 billion Serge Weinberg, its chief…

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Financial

Drop in Apparel, Home Doesn’t Stall Sears Net

NEW YORK — Double-digit same-store declines in apparel and home fashions didn’t stop Sears, Roebuck & Co. from far outstripping profit expectations in the second quarter.

However, this fall’s launches of Lands’ End and…

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Fashion Features

U.S. Mart Manager Inks Deal With ShanghaiMart

LOS ANGELES — In yet another link between American and Chinese apparel industries, Dallas-based Market Center Management Co. has signed a 10-year deal to manage the ShanghaiMart, Asia’s largest international trade mart.

MCMC, which…

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Fashion Features

No Regrets For Bertelli

MILAN — Three weeks after the decision to postpone Prada Group’s IPO for the third time, Prada chief Patrizio Bertelli says he has no regrets.

“Our choice was correct, and we haven’t had second thoughts,” said Bertelli in an…

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Fashion Features

Logan, Bewkes, Moore Tapped in AOL Reshuffling

NEW YORK — AOL Time Warner restructured its top management Thursday after the resignation of Robert Pittman, its chief operating officer.

Don Logan, former chairman and chief executive of Time Inc., has become chairman of the new Media and…

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Fashion Features

In Brief

ANDEAN ANGST: Trade ministers from three Andean countries made another plea to administration officials and lawmakers Wednesday to renew and enhance a trade bill that expired last year. Ministers from Peru, Colombia and Ecuador held meetings on…

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Fashion Features

Corrections

Designs by Skaffles, the licensee for the Fetish cosmetics brand, will present a revamped version of the line to retailers in August. The new products will not be in stores in August. This was incorrect in a story on page 2, June 21….

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Fashion Features

An Rx for Crisis: Cultural Diversity

EVIAN, France — “The luxury products business in the U.S. is in a form of crisis right now,” declared Lindsay Owen-Jones as he looked out at a historic gathering of global beauty chiefs attending the fourth WWD Beauty CEO Summit.

The…

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Fashion Features

Fashion Scoops: Oscar Crunch … News Blackout

OSCAR CRUNCH: Get ready for a real fashion crunch — the Oscars are moving up a month to Feb. 29, 2004, and late February 2005, Academy of Motion Picture Arts and Sciences executive director Bruce Davis announced late Wednesday. It’s a…

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Fashion Features

And the Emmy Nominees Are..

LOS ANGELES — It’s never too early to start planning one’s red carpet outfit in Hollywood.

At 5:35 a.m. Thursday morning, nominations for the 54th Annual Primetime Emmys hit the airwaves — and the fashion radar. While…

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Magazines: The Real Factor

NEW YORK — Print media, like television, has begun an extended flirtation with reality. But unlike the cruel pseudo-real world of “Fear Factor” or “Survivor,” some women’s magazines have evolved into a safe haven — a girls’…

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New England Preppies

NEW YORK — Tommy Hilfiger’s fall advertising campaign plays homage to wholesome, homespun roots of New England.

Although the ads were shot in California, they are set against mountain ranges, blue skies, white picket fences and a…

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Fresh Dish on Gossip

NEW YORK — Pushy publicists, blind items and the ethics of outing were on the menu Tuesday night, as Mediabistro.com held a panel on which four gossip columnists discussed the inner workings of their profession.

“We’re fighting…

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MEMO PAD

LAIRD’S DEBUT: Gap is getting ready to unveil its new fall TV and print ad campaign, the first under Trey Laird, president and executive creative director of Laird & Partners, a New York ad agency. While Gap is mum on details, it did confirm that…

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Fashion Features

Dr. Mettler’s Retail Prescription

EVIAN, France — If the American department store truly is in an intensive care unit, do not fear. Dr. Mettler is here, and he has a cure.

Basically it boils down to better-edited assortments, a broadening of the customer base, heightened…

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Fashion Features

Frydman: Catering to the Inner Customer

EVIAN, France — To Marcel Frydman, a beauty retailer must be part sector expert, part psychologist.

And he should know: Frydman’s been in this business for 18 years, building Marionnaud Parfumeries from scratch to become the…

clock July 19, 2002WWD Staff

Fashion Features

Lauder’s Global Perspective

EVIAN, France — The blistering heat during the first few days of the WWD Beauty CEO Summit here may have wilted some spirits, but it gave keynote speaker Leonard Lauder other ideas.

“This may be my last speech here because I have decided…

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