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Business

Starbucks' Schultz Sees Sweeping Retail Consolidation

As U.S. retailing consolidates, Starbucks sees adding 12,000 stores worldwide through 2021.

clock 15hDavid Moin and Evan Clark

Business

Jewelry Brand Kendra Scott Puts Stake on the Block

The Austin, Tex.-based jeweler could be valued at $1 billion or higher in the Jefferies-run process.

clock 10hEvan Clark

Business

Hear J. Crew's Mickey Drexler Getting Succession-Minded

J. Crew Group is working to improve its business and moving to create a succession plan.

clock 19hDavid Moin

Surprise Ending: Prada, Herm?s See Sales Surge in 4th Quarter

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Overview

The luxury numbers are starting to roll in and they?re rosier than expected, as Prada and Herm?s reported strong fourth-quarter sales gains Thursday.

From This Issue

Fashion Features

What Went Wrong With Blass?

Lars Nilsson’s dismissal from the Blass collection a day after his runway show, came as a surprise to many editors.

clock February 14, 2003WWD Staff

Ludmilla Putin with models in Chanel couture.

Fashion Features

Fashion Scoops: Show Talk … The Collector … To Russia, With Luxe

SHOW TALK: Forget what was on the runways. The talk of the New York season was mainly about one thing: travel plans. Buyers and press nervously checked with each other to find out whether they had altered or canceled their trips to the European shows,…

clock February 14, 2003WWD Staff

WWD Image

Fashion Features

Fashion Emergency

In an industry that continues to move quicker and quicker, patience is more than a virtue — it’s practically a myth. But don’t tell that to stylist Victoria Bartlett and tailor Jeffrey Costello. Their new line of…

clock February 14, 2003WWD Staff

Eve's got a new gig: sportswear.

Fashion Features

Fashion Scoops: Fuller’s Excuse … Work in Progress … Eve of Construction …

FULLER’S EXCUSE: What does one editor say when she bumps into another who was recently granted a major honor and she wasn’t there? Well, if you’re Bonnie Fuller, editor in chief of Us Weekly, you blame your owner, Jann Wenner. Fuller…

clock February 14, 2003WWD Staff

There were striking shearling boleros, too, like the mini jacket here, shown with a pleated and twisted skirt.

Fashion Features

Shear Pleasure

NEW YORK — Nicolas Ghesquière came to town to show his fall collection for Balenciaga, bringing with him a très Parisian joie de vivre and energy. These were beautifully detailed clothes — structured coats, second-skin tops,…

clock February 14, 2003WWD Staff

Patrizio Bertelli

Fashion Features

Surprise Ending: Prada, Hermès See Sales Surge in 4th Quarter

The luxury numbers are starting to roll in and they’re rosier than expected, as Prada and Hermès reported strong fourth-quarter sales gains Thursday.

clock February 14, 2003WWD Staff

Fashion Features

Prada Says No Plans to End Genny

MILAN — Although Prada Group is in talks with Italian unions about laying off a number of workers at the Genny factories in Ancona, the group’s chief financial officer, Riccardo Stilli, said the company “has no plans to terminate the Genny…

clock February 14, 2003WWD Staff

May Co. CEO Gene Kahn poses with models at firm’s first fashion show in June.

Fashion Features

May Earnings Decline 10.2% On Soft Sales

Another profit dip brought May Department Stores Co.’s streak of quarterly retreats to eight, as fourth-quarter net income fell 10.2 percent to $387 million.

clock February 14, 2003WWD Staff

WWD Image

Fashion Features

Business Picks Bush’s Tax Plan Over Greenspan

The White House continues to push for Congress to enact $670 billion in tax cuts, despite Fed chairman Alan Greenspan’s detracting remarks.

clock February 14, 2003WWD Staff

Fashion Features

Retail Sales Fail to Rebound in January

WASHINGTON — Sales at department stores failed to recover in January after a weak holiday season performance, the Commerce Department reported Thursday in its retail sales tally.

Continuing a pattern of year-over-year declines in January,…

clock February 14, 2003WWD Staff

Fashion Features

In Brief: Levi’s Outlets on Clearance … Hitting the Road …

LEVI’S OUTLETS ON CLEARANCE: Casual Male Retail Group Inc. said it plans to shutter 50 to 55 of its 83 Levi’s and Dockers Outlet stores within two years, as part of an overall plan to exit that business. It said the closings will result in…

clock February 14, 2003WWD Staff

Fashion Features

Correction

Charming Shoppes is scheduled to report its fourth-quarter earnings on March 18. The date was incorrect in a story on page 19, Feb. 5. Additionally, the firm on Feb. 4 supplied its first earnings guidance for the new fiscal year. Certain information…

clock February 14, 2003WWD Staff

Here and below, Gibó’s store has an unfinished look.

Fashion Features

Gibó Store Is Done — Really

LONDON — Gibó by Julie Verhoeven opened its first store last week in the heart of Mayfair, and the mood is deconstructive chic.

There are unfinished walls, mannequin heads with sketches on their faces and a 65-foot white leather sofa…

clock February 14, 2003WWD Staff

De la Falaise’s shop opens today.

Fashion Features

Loulou’s Chinese Takeout

Longtime Yves Saint Laurent muse Loulou de la Falaise is set to open her signature fashion boutique today in Paris.

clock February 14, 2003WWD Staff

Fashion Features

Unilever on Track for Spurt

PARIS — Dutch-Anglo consumer goods giant Unilever registered net profit of $2.3 billion, up 16 percent at current exchange rates, for 2002 over 2001.

At constant exchange rates, net profit reached $2.39 billion, up 21 percent in the…

clock February 14, 2003WWD Staff

Fashion Features

No Backlash Against French Luxe

NEW YORK — High-end retailers say consumers aren’t feeling any less loving toward French luxury products these days, despite France’s political position against a war in Iraq and toward a more peaceful approach to…

clock February 14, 2003WWD Staff

Kite  and Fly in their own creations at the Viper Room.

People

Come Fly With Me

Liftoff with Kite and Fly…Sometimes a painting is just a painting, but not in Lucian Freud’s case…Sexy signings.

clock February 14, 2003WWD Staff

People

Eye Scoop

WALKING THE WALK: Manhattan has lost several of its senior walkers and men-about-town in recent years, but Alex Hitz, a Gatsby-esque young man from Atlanta, has stepped in to fill the void. Hitz invited 50 uptown swells to Valdino West, a storefront…

clock February 14, 2003WWD Staff

Gisele Bundchen

People

Kiss and Tell

You’d never guess it by looking at the newsstands, where Gisele Bündchen is an ever-present covergirl, but the hardest-working model in the business is in the midst of a six-month hiatus. “I’ve been at home for a month-and-a-half,…

clock February 14, 2003WWD Staff

“Self-Portrait,” Lucien Freud.

People

Freudian Theory

LOS ANGELES — “Art is a way back to reality,” Sigmund Freud once said, and it is a somber reality, at least where nudes and portraits by his grandson, artist Lucien Freud, are concerned.

About 110 of Freud’s watercolors, oils,…

clock February 14, 2003WWD Staff

Martha Brady

Fashion Features

Brady Succeeds Cullin at Puig

NEW YORK — Martha Brady has joined Puig as president of Puig USA and general manager of Puig North American Beauty, following the resignation of Kathy Cullin, who has been at the helm of American operations since 1998.

“Kathy Cullin has…

clock February 14, 2003WWD Staff

The Redken booth at the tents.

Fashion Features

Competition Fierce for Backstage Beauty Gigs

Beauty’s involvement at the fashion tents has grown to such a spirited pitch that vying for a spot backstage has become a show in and of itself.

clock February 14, 2003WWD Staff

Fashion Features

Who’s Doing Who?

Companies are vying to sponsor backstage beauty for designers at a more competitive rate than ever. Here, a select list of firms who ultimately grabbed several coveted shows.

AVON SALON AND SPA: Nicole Miller

BOBBI BROWN: Lane…

clock February 14, 2003WWD Staff

The Dermapolish system from Prescriptives.

Fashion Features

Prescriptives: Resurfacing the Face

NEW YORK — Prescriptives is targeting consumers who want the benefits of doctor-administered dermabrasion —?without the time spent in a dermatologist’s chair.

With Dermapolish, a three-part kit that the brand will begin…

clock February 14, 2003WWD Staff

Lacoste Pour Femme

Fashion Features

Lacoste’s Feminine Side

PARIS — Lacoste Pour Femme, slated to start hitting shelves in April, is meant to be an olfactive incarnation of the new Lacoste woman.

Some words to describe her? “Modern, elegant, audacious,” said François Saurel, brand manager for…

clock February 14, 2003WWD Staff

The Morgan de Toi duo.

Fashion Features

Morgan Targets Young Set

PARIS — Morgan is hoping to lure the 15-to-25 set with a fragrance duo called Morgan de Toi.

The masterbrand marks the French “cheap chic” fashion brand’s first foray into fragrance. It will bow in April.

The scents are meant…

clock February 14, 2003WWD Staff

The Regenerist collection.

Fashion Features

An Olay Brand for the Derm Generation

NEW YORK — Forget about going to the local dermatologist for a chemical peel. Olay says it now has an at-home alternative.

Three years after Procter & Gamble introduced its blockbuster Olay Total Effects antiage cream, the beauty behemoth…

clock February 14, 2003WWD Staff

Celine Dion fragrance.

Fashion Features

Sears Happy With Revised Section

NEW YORK — Sears has no regrets about its exit from the color cosmetics and treatment sectors.

After six years of trying to develop its proprietary Circle of Beauty concept into a powerhouse destination department, the retailer did an…

clock February 14, 2003WWD Staff

NYC Fling from the Bond No. 9 collection.

Fashion Features

Making Scents for City Neighborhoods

NEW YORK — Start spreading the…fragrance? That’s exactly the idea behind Bond No. 9, a collection of 16 fragrances where each scent boasts a name that represents a different New York neighborhood or experience.

The collection…

clock February 14, 2003WWD Staff

A look from the Saab project.

Fashion Features

MAC Makeup Palettes Based on Saab Designs

PARIS — MAC is bringing a couture touch to its color cosmetics.

In April, the brand will introduce a limited-edition makeup palette containing the hues used in Lebanese designer Elie Saab’s most recent spring-summer couture…

clock February 14, 2003WWD Staff

L’Oréal’s John Wendt with Ron Ziegler at a NACDS conference in 1992.

Fashion Features

NACDS Members Mourn Ronald Ziegler

NEW YORK — Ronald L. Ziegler, indelibly marked as Richard Nixon’s press secretary during Watergate, and who emerged from the scandal to remain in Washington circles as a consultant and lobbyist and later to head the National Association of…

clock February 14, 2003WWD Staff

Fashion Features

Where Vintage and Cutting Edge Meet

NEW YORK — The odds of a young designer succeeding in New York are about on par with those of a producer mounting a successful show on Broadway or a chef opening a four-star restaurant. It seems all the more impressive, then, that Yigal…

clock February 14, 2003WWD Staff

Anna Wintour

Media

Memo Pad

NOT THE MOST POPULAR GIRL: Primedia executives are already said to be disappointed by the level of interest that Condé Nast, Time Inc. and the other usual suspects have expressed in Seventeen, which apparently has a price tag of $300 million. The…

clock February 14, 2003WWD Staff

Financial

Wellman Net Rises, Gets Cash Infusion

NEW YORK — Wellman Inc. scored both fourth-quarter profits and new financing on Thursday.

The Shrewsbury, N.J.-based polyester fiber and packaging resin maker said that, in a move to reduce debt, it entered into an agreement to sell up to…

clock February 14, 2003WWD Staff

Galyan’s is headed for Long Island.

Fashion Features

Roosevelt Field Scores 2 Anchors

The Roosevelt Field mega-mall is getting two new high-profile anchors this fall: Bloomingdale’s Home and Galyan’s Trading Co., WWD has learned.

clock February 14, 2003WWD Staff

Essentialist

Today's Must Read

Raf Simons

Fashion

Calvin Klein’s Amy Mellen, Senior VP of Home, Is Leaving

clock 16hLisa Lockwood

Social Studies