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clock August 26, 2016Allison Collins

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Slashing for Growth: Bankrupt Kmart Cuts 37K Jobs, 326 Units

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Overview

he bill for Kmart Corp.?s second, and perhaps final, round of post-bankruptcy reductions is in: 326 stores, 37,000 jobs and $1.7 billion.

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Fashion Features

Commerce Confirms Weak December

WASHINGTON — The Commerce Department on Tuesday issued the government’s tally on retail sales in December, which confirmed the lackluster holiday season performance reported earlier by stores.

According to Commerce, department store…

clock January 15, 2003WWD Staff

Fashion Features

Moufarrige Leaves France Luxury Group

PARIS — Mounir Moufarrige has exited France Luxury Group, the upstart fashion conglomerate he cofounded a year ago and recently sold to French financier Alain Dumenil.

Moufarrige said he accomplished his objective of assembling a new…

clock January 15, 2003WWD Staff

Fashion Features

Paris Scene

Eating, meeting, treating — here are some new spots to do all that during next week’s couture.

ALL NIGHT LONG: Parisians have all-night partying down to a science, even seeking out “le before” spots for a light meal and…

clock January 15, 2003WWD Staff

Fashion Features

Kmart Closures

NEW YORK — Texas and Florida were the states slated for the biggest reductions in Kmart Corp. store numbers in the next round of closings, with the two states together accounting for nearly one-quarter of all contemplated closures. The Texas…

clock January 15, 2003WWD Staff

Fashion Features

In Flower

NEW YORK — Mary, Mary, quite contrary, how does your garden grow? For summer, designers in the better market have the answer. The new florals they’re using are influenced by vintage wallpaper prints, watercolor paintings or Asian…

clock January 15, 2003WWD Staff

Fashion Features

Slashing for Growth: Bankrupt Kmart Cuts 37K Jobs, 326 Units

NEW YORK — The bill for Kmart Corp.’s second, and perhaps final, round of post-bankruptcy reductions is in: 326 stores, 37,000 jobs and $1.7…

clock January 15, 2003WWD Staff

Fashion Features

Luxottica Focuses on Versace Eyewear

MILAN — The house of Versace could prove to be the apple of Luxottica Group SpA’s eye.

Luxottica will pick up the rights to manufacture and distribute Versace and Versus eyewear by buying a majority stake in IC Optics, the joint…

clock January 15, 2003WWD Staff

Fashion Features

Calif. Retailers Bristle At Proposed Tax Hike

LOS ANGELES — California Gov. Gray Davis might be setting the stage for political turmoil with a package of proposed tax increases to offset the state’s $34.6 billion budget shortfall, but it’s the 1 percent increase in the state…

clock January 15, 2003WWD Staff

Fashion Features

Wal-Mart Eyeing British Expansion

LONDON — Wal-Mart wants another piece of British retailing.

Confirming rampant speculation, the world’s largest company on Tuesday announced it is interested in making an all-cash offer for U.K. food retailer Safeway. Tony De Nuzio,…

clock January 15, 2003WWD Staff

Fashion Features

In Brief: A Very Good Year … Going Forward … First Round Tiffany …

A VERY GOOD YEAR: Dolce & Gabbana registered a 40.1 percent increase in sales, to $469.3 million from $334.9 million, during the fiscal year ended March 31. According to director of general affairs Cristiana Ruella, the firm expects pretax profits to…

clock January 15, 2003WWD Staff

Fashion Features

Style Watch

From vivid brights to shimmering chiffon, Hollywood’s A-Listers are expected to parade down the red carpet in spring’s hottest looks.

Over the years, Golden Globes fashion watchers have witnessed the celebrity set don…

clock January 15, 2003WWD Staff

Fashion Features

Globe Scoops

DIVA ALERT: The presenters are still being announced, but one important name — at least among fashionistas — is Madonna. It should be fun to see what she turns out in, since this is the woman who put Jean Paul Gaultier, Olivier Theyskens…

clock January 15, 2003WWD Staff

Fashion Features

Shining Stars

When it comes to accessories, big and bright are the buzzwords for this year’s Golden Globes. Whether it’s a show-stopping necklace, a vintage pin, a hefty diamond ring, a sparkly handbag or even an 18-karat gold compact, expect the red…

clock January 15, 2003WWD Staff

Fashion Features

They’re It

Stargazers are eager to see what the likes of Jennifer, Nicole and Sarah Jessica will wear on Sunday. But a few other actresses are piquing interest too. Here, WWD’s preview of a trio of expected It Girls:

Parker…

clock January 15, 2003WWD Staff

Fashion Features

Smooth Sailing for Caribbean Joe

NEW YORK — Caribbean Joe might sound like the name of a suntan oil, but it’s actually a sportswear line that’s heating up the moderate floors of department stores.

In the year since it hit the retail floor, this casual line…

clock January 15, 2003WWD Staff

Fashion Features

In The Middle

DREAM TEAM: The cast of NBC’s “American Dreams” showed up at Kenneth Cole’s West Hollywood boutique on Monday to raise awareness for Cole’s HELP USA initiative for the homeless by donating their own clothes and shoes. For the past 12…

clock January 15, 2003WWD Staff

Fashion Features

Fashion Scoops: Winslet’s Head on Bazaar’s Body … Jones Order

WINSLET’S HEAD ON BAZAAR’S BODY: What is it about Kate Winslet that screams “Photoshop?” Just days after British GQ confessed to digitally slimming her down in its pages, Harper’s Bazaar has admitted that its January cover is…

clock January 15, 2003WWD Staff

Fashion Features

Rising Star Awards Nominees Finalized

NEW YORK — Fashion Group International has finalized the nominees for its sixth annual Rising Star Awards on Jan. 30, where “Today” show news anchor Ann Curry is expected to appear as a keynote speaker.

Eight women’s apparel…

clock January 15, 2003WWD Staff

Fashion Features

Financo’s Food for Thought

NEW YORK — For an industry recovering from a rough Christmas and filled with uncertainties about the future, there couldn’t be a better respite than the Financo party.

Held Monday during National Retail Federation convention week,…

clock January 15, 2003WWD Staff

Fashion Features

Retail Renaissance Reaches Nation’s Capital

WASHINGTON — The in-town Washington retail scene is in the midst of a rebirth, after being largely overlooked by the new-store boom engulfing its suburbs over the last two decades.

It’s a change in fortunes for the city and its once…

clock January 15, 2003WWD Staff

Fashion Features

Shenkar Bestows Honors

NEW YORK — “As my Jewish friends often tease me, this is the Bat Mitzvah I never had,” said Deborah Defusco, general merchandise manager at Mothers Work Inc., as she picked up the International Merchandising Award at The American Committee for…

clock January 15, 2003WWD Staff

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