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Business

Matteo Renzi's Resignation Fails to Rattle Europe

Analysts brushed off consequences of Renzi's resignation on luxury.

clock 1hLuisa Zargani

Men's

Martin Greenfield Files Lawsuit Against Brooks Brothers

The tailor is seeking $1.9 million in damages, according to his attorney.

clock 9hJean E. Palmieri

Fashion

BFC, Google Team on Digital Fashion Educational Platform

The British Fashion Council has teamed with Google Arts & Culture on a digital educational platform to launch ahead of the Fashion Awards.

clock 20hLorelei Marfil

The Big Breakup

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Overview

In a stunning development, Tom Ford and Domenico De Sole resigned from Gucci Group Tuesday, unable to resolve their contract renewal with PPR.

From This Issue

Affluent Americans are uncomfortable describing high-end products, such as a $2,600 Dior Cleopatra dress, as luxury goods.

Fashion Features

Survey: Wealthy Shun Luxe Label For Top-End Items

NEW YORK — Affluent Americans are having an identity crisis.

Members of that economic group — defined in a new Money magazine/RoperASW study as adults with annual income of $75,000 or more — overwhelmingly are rejecting the…

clock November 5, 2003WWD Staff

Marketing and Promotion

Affluent Appeal? Show Some Emotion

Affluent Americans are rejecting the use of the word luxurious to describe their lifestyles, posing a challenge for luxury marketers.

clock November 5, 2003WWD Staff

Fashion Features

Amid Slumping Sales AEO Resets Top Tier

NEW YORK — Reorganizing to turn around its slumping retail operations, American Eagle Outfitters Inc. named Jim O’Donnell chief executive officer, and Roger Markfield vice chairman and president of the American Eagle division….

clock November 5, 2003WWD Staff

Pauline Pitt

People

Suzy

The Library Lions celebrate in their den…Cate’s marble surprise…Previewing the DIA…the latest on Jude, Sadie and Co.

clock November 5, 2003WWD Staff

Fashion Features

Ford’s Fashion

Tom Ford’s career at Gucci Group has been of the no-guts, no-glory kind. He developed a razor-sharp identity for the house by infusing smart, chic, wearable clothes with a now-iconic audacity and sexual presence.

Ford entered the…

clock November 5, 2003WWD Staff

Chico’s store customers browse the company’s catalogue.

Fashion Features

Catalogues, Web Sites and Stores — Oh My!

The triple threat of catalogues, e-tail sites and stores, often shunned as a strategy, is proving to be a brand-building business model.

clock November 5, 2003WWD Staff

John Varvatos and Brendan Fraser

Fashion Features

Fashion Scoops: Lanvin Legacy…The Mommy Track…Still A Wonderful Life…A Ringing Surprise…

LANVIN LEGACY: Jacques Levy is said to be out as Lanvin’s chief executive officer, according to sources. On Tuesday, a company spokeswoman would not comment on speculation circulating in the industry in Paris. Levy could not be…

clock November 5, 2003WWD Staff

Elizabeth Harrison and Lara Shriftman

Fashion Features

Harrison & Shriftman Bought by Omnicom Unit

NEW YORK — Harrison & Shriftman, an eight-year-old public relations firm known for hooking up brands with high-flying celebrities, tastemakers and socialites, has been sold to Omnicom’s Radiate Group, which specializes in event-driven…

clock November 5, 2003WWD Staff

Fashion Features

Claire’s Stores To Split Stock

NEW YORK — Specialty retailer Claire’s Stores Inc. said its board declared a 2-for-1 split on its common and class A common stock.

The Pembroke Pines, Fla.-based company also said that the dividend would remain at its current per…

clock November 5, 2003WWD Staff

Fashion Features

Wellman Cuts Staff

NEW YORK — In a move to cut costs, polyester maker Wellman Inc. shook up its executive ranks on Tuesday, eliminating four top positions and jettisoning an unspecified number of executives.

It said the cuts would save about $20 million to…

clock November 5, 2003WWD Staff

Fashion Features

Chico’s Executive Promotions

NEW YORK — Chico’s FAS, the fast-growing specialty chain, has its own executives on the fast track.

Among the string of promotions announced Tuesday, Charles J. Kleman became chief operating officer, while maintaining his…

clock November 5, 2003WWD Staff

Tom Ford’s fall ’95 blockbuster at Gucci.

Fashion Features

Industry Reacts to Fashion Shocker

The Reaction: Many corners of the fashion world were shocked by the development, and responses ranged from disbelief to comic relief.

clock November 5, 2003WWD Staff

WWD Image

Fashion Features

Beauty Beat: Pierre Cardin Beaute to Launch on HSN

NEW YORK — Pierre Cardin Beaute will make its television debut this spring.

The designer, who owns the licenses for more than 800 products in over 140 countries around the world, will launch his Beaute line in North America on the Home…

clock November 5, 2003WWD Staff

Venus Williams in a look from Aneres.

Fashion Features

From Center Court to Center Stage

Serena and Venus Williams already dominate the tennis world. Now, they’re out to conquer fashion. Here’s a look at the show they presented in L.A.

clock November 5, 2003WWD Staff

David Cardona

Fashion Features

Different Strokes

The L.A. fashion girl’s got it all for spring — rocker edge, Mod graphics, street chic and a little bit of bohemian fringe.

clock November 5, 2003WWD Staff

Lemon Twist

Fashion Features

Fresh Cuts

For the next buzz, the Los Angeles installment of Gen Art’s “Fresh Faces in Fashion” is a requisite stop. Louis Verdad was unknown before Arianne Phillips discovered him here last April.

Among the many young hopefuls who…

clock November 5, 2003WWD Staff

On the runway at the California Market Center, looks from Tabitha, Sue Wong and Eckored.

Fashion Features

Perk at Retail Drives L.A. Market

LOS ANGELES — California’s heat wave and fires, the nation’s economy and post-war Iraq spooked retailers this Halloween, coincidentally the first day of Los Angeles market week that ended here Tuesday, capping a week of some 60…

clock November 5, 2003WWD Staff

Laura Goulas earrings.

Fashion Features

Trend Box: Accessories

FRESH ACCENTS
Who says there’s never anything new? Moving past those tired initial tote bags and chandelier earrings, buyers had their eyes on colorful accessories with a feminine touch at last week’s market. The top five trends…

clock November 5, 2003WWD Staff

Jean Paul Gaultier and Linda Evangelista

Fashion Features

‘Men in Skirts’ on Display

NEW YORK — Has the notion of men in skirts lost its shock value?

When Boy George arrived for the opening of the Metropolitan Museum of Art’s Costume Institute’s latest exhibit, “Bravehearts: Men in Skirts,” on…

clock November 5, 2003WWD Staff

Susan Elizabeth

Fashion Features

The Short List

Los Angeles saw more than its fair share of tight and tiny last week. From sexy minis and short-shorts to bikinis and clinging dresses, the runway celebrated body-baring this season.

It’s clear why beach girls go gaga for Sanctuary,…

clock November 5, 2003WWD Staff

PPR’s François Pinault warmly greets Tom Ford backstage after Yves Saint Laurent’s show in Paris in March.

Fashion Features

The Big Breakup

In a stunning development, Tom Ford and Domenico De Sole resigned from Gucci Group Tuesday, unable to resolve their contract renewal with PPR.

clock November 5, 2003WWD Staff

Fashion Features

Gucci Group on the Street

Since fluctuating wildly in the late Nineties, Gucci Group shares have traded within a fairly narrow range regardless of external events or company performance. Here are some of the principal events during that time span:

1) September…

clock November 5, 2003WWD Staff

Alexander McQueen

Fashion Features

The Rumors Start

The Guessing Game: Speculation immediately centered on Alexander McQueen as a leading contender to take the reins at Gucci.

clock November 5, 2003WWD Staff

Yves Saint Laurent at his farewell show in January 2002.

Fashion Features

Yves, Berge Say ‘Bye Bye Tom’

PARIS — Yves Saint Laurent and his business partner, Pierre Bergé, applauded Tuesday’s revelation that Tom Ford and Domenico De Sole would relinquish their positions at Gucci Group in April and that, consequently, Ford would no longer…

clock November 5, 2003WWD Staff

Fashion Features

Giving Beauty the Edge

PARIS — Tom Ford’s impact on the Yves Saint Laurent and Gucci beauty businesses goes far beyond the cosmetic. Simply put, he did more than help give the brands a makeover — he brought controversy back to them.

As creative…

clock November 5, 2003WWD Staff

Francois Pinault

Fashion Features

A Legend Unfolds

The Legacy: De Sole and Ford turned the floundering Gucci into a $2.54 billion giant, and made overall luxury more appealing to today’s youth.

clock November 5, 2003WWD Staff

Fashion Features

Wal-Mart Probe Set for Dec.

Wal-Mart expects a grand jury to begin sifting through evidence in the illegal immigrant cleaning crew case in mid-December.

clock November 5, 2003WWD Staff

Fashion Features

Lamy Stands Tough On EU Duty Threat

WASHINGTON — European Trade Commissioner Pascal Lamy said Tuesday he won’t back off an end-of-year deadline for Europe to start levying up to $4 billion in punitive duties on U.S. imports should the U.S. Congress fail to repeal an export…

clock November 5, 2003WWD Staff

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