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Retail

A&F Finds 'Growing Up' Tough Now that Sex No Longer Sells

Abercrombie is aging its models to show it is no longer a "teen" brand; company reported a Q2 loss.

clock 18hVicki M. Young

Media

Barbie Becomes Paid Social Media Influencer

Through her Instagram account, Barbie “produces” sponsored content.

clock 13hMaghan McDowell

Fashion

Costume Institute's Next Subject Said to Be Rei Kawakubo

The exhibit next spring would be only the second the Met has devoted to a living designer.

clock 13hWWD Staff

Prada Finds New Financing

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Overview

Prada has found some fresh funding and it's made in Italy. Prada said it has reached a preliminary agreement with a pool of Italian banks to provide "long-term financial support" for its development strategy.

From This Issue

Fashion Features

Fashioning the Future

NEW YORK — In these constantly changing times, the only way companies can thrive and survive is to focus on today and tomorrow. But how? The seventh annual WWD/DNR CEO Summit at the Ritz-Carlton Battery Park addressed some of the challenges and…

clock November 17, 2003WWD Staff

Fashion Features

Vestimenta Names Green U.S. CEO

Vestimenta is building an expanded U.S. infrastructure, including a new chief executive and showroom, and, potentially, new stores.

clock November 17, 2003WWD Staff

Fashion Features

Prada Finds New Financing

Prada said it has reached a preliminary agreement with a pool of Italian banks to provide “long-term financial support” for its development…

clock November 17, 2003WWD Staff

Fashion Features

Coming This Week

TUESDAY: The U.S. Labor Department releases the October Consumer Price Index.
Burberry reports interim results for the first half.
Saks Inc. reports third-quarter earnings.

WEDNESDAY: Phillips-Van Heusen, Talbots and Hot…

clock November 17, 2003WWD Staff

Fashion Features

In Brief: Blue Moves…Making More On Less

  • BLUE MOVES: Blue Concepts LLC, a division of Commerce, Calif.-based Innovo Group Inc., the maker of Joe’s Jeans, has signed two denim licensing partnerships with designers: Los Angeles-based Henry Duarte and Rick Owens, creative…

clock November 17, 2003WWD Staff

People

Great Dane

Soul artist Maria Jensen makes it big by way of Scandanavia.

clock November 17, 2003WWD Staff

People

Run, Blaine, Run

Blaine gets moving.

clock November 17, 2003WWD Staff

People

Painting The Town

The fall auction season heats up in New York.

clock November 17, 2003WWD Staff

Fashion Features

Clothing and Accessories Stores See Slight Sales Gain in October

Sales at clothing and accessories stores edged up by a seasonally adjusted 0.1 percent in October, continuing to rebound in a still-weak environment.

clock November 17, 2003WWD Staff

Fashion Features

Zen and the Art of Jewelry Design

David Yurman and his jewelry firm seem right at home in their spacious new Zen-inspired corporate headquarters in TriBeCa. Here’s a look.

clock November 17, 2003WWD Staff

Fashion Features

Fashion Scoops: The Saks Denouement…Engaged…Eye Spy

THE SAKS DENOUEMENT: After weeks of reports, Saks Fifth Avenue is expected to let analysts in today on the news that Fred Wilson, chief executive officer of Donna Karan International, will be taking over the helm of the department store…

clock November 17, 2003WWD Staff

Fashion Features

Target Setting Sight on Baby Boomers

BOSTON — Target is sweet on Baby Boomers.

The retailer revealed on its third-quarter conference call last week it will launch two apparel lines aimed at the demographic — Linden Hill for women and Breakwater for men —in…

clock November 17, 2003WWD Staff

Fashion Features

Tommy Discussing Dillard’s Distribution

Tommy Hilfiger Corp. is reevaluating its distribution with Dillard’s Inc., its largest retail customer, and will likely reduce its product there.

clock November 17, 2003WWD Staff

Fashion Features

Loulou, Bergdorf’s Prepare for Launch

Bergdorf Goodman and Loulou de la Falaise are preparing for the arrival of de la Falaise’s collection of jewelry and rtw in February.

clock November 17, 2003WWD Staff

Fashion Features

LVMH’s Day in Court

PARIS — A key battle in the luxury wars will be waged today in the commercial court here.

LVMH Moët Hennessy Louis Vuitton, which lodged a $115 million (100 million euros) bias suit against investment firm Morgan Stanley one year…

clock November 17, 2003WWD Staff

Fashion Features

Wholesale Women’s Apparel Benefits From Fewer Discounts

Wholesale prices for domestically produced women’s apparel rose 0.3 percent in October, as retailers eased up on discounting, economists said.

clock November 17, 2003WWD Staff

Fashion Features

Settlement Reached in Warnaco Case

NEW YORK — Linda J. Wachner, the former chief executive of The Warnaco Group, and two other company officials have agreed to pay $12.85 million to settle a three-year-old lawsuit accusing them of defrauding investors.

The agreement…

clock November 17, 2003WWD Staff

Fashion Features

The Jewels in the Gowns

Fred Leighton now has a retail presence in SoHo thanks to Miuccia Prada, who is showcasing his jewelry in her Broadway flagship.

clock November 17, 2003WWD Staff

Fashion Features

Beauty Beat: Victoria’s Beauty Secrets

Backstage at the Victoria’s Secret fashion show, there are no models that are “your average joe.” Here’s why.

clock November 17, 2003WWD Staff

Fashion Features

Europe Watch: Slow Motion

SLOW MOTION: Fast-fashion chains in France slumped for three consecutive months for the first time in more than 10 years, said François Forget, director of retail research firm Conseil Nationale de Sucursalistes de l’Habillement. For…

clock November 17, 2003WWD Staff

Fashion Features

Full Uptick Brings Spring Orders

NEW YORK — With the economy showing signs of a pickup, accessories firms of all stripes were breathing a little easier during the November market.

After a challenging year, companies said fall retail sales have been better than expected…

clock November 17, 2003WWD Staff

Fashion Features

Lingerie Finds a New Formula

NEW YORK — A sense of renewal infiltrated the November innerwear market.

The reason was the abundance of new product and ideas at a time when retailers are increasingly cutting back on the breadth of their merchandise and focusing on key…

clock November 17, 2003WWD Staff

Fashion Features

Fashioning The Future

“When you think the good old days were better, then you make your presence secondhand. It is the worst thing you can do as a crime to your life. So I always think the past is OK, but forget about it. What is important is now.”…

clock November 17, 2003WWD Staff

Fashion Features

The Automatic Innovator

There is no secret to Karl Lagerfeld’s success. There is only instinct. As the world’s leading example of the possibilities for reviving a dormant fashion brand, with more than two decades of experience at the house of Chanel, Lagerfeld…

clock November 17, 2003WWD Staff

Fashion Features

Fashioning the Future? It’s Anybody’s Guess

Most people at the annual WWD/DNR CEO Summit focus on immediate, actionable, best-practicey “take-aways,” but that’s not to say there isn’t a little room for some long-term thinking, particularly when cocktails are…

clock November 17, 2003WWD Staff

Fashion Features

Tansky’s Retail RX

Though Burt Tansky has scaled the heights of retailing, rising to president and chief executive officer of The Neiman Marcus Group, he’s not always perusing the pages of the ultraexclusive Neiman Marcus magalog or touring the luxurious Neiman…

clock November 17, 2003WWD Staff

Fashion Features

The Squeeze Is On

While the idea of a “thinning middle” is one that might appeal to most, in the world of retail, the term has more far-reaching and ultimately negative implications.

Such was the subject Marshal Cohen, the chief industry analyst for…

clock November 17, 2003WWD Staff

Fashion Features

Economic Optimist

Economists who focus on America’s rising national debt and trade deficits as reasons for pessimism are missing the mark, because the big economic picture is much more positive.

So said John Lipsky, chief economist at J.P. Morgan Chase &…

clock November 17, 2003WWD Staff

Fashion Features

The Diller Connection

Media mogul, Hollywood studio chief, TV network pioneer, E-commerce czar and deal-maker extraordinaire.

These are all words that describe Barry Diller, chairman and chief executive officer of InterActiveCorp., a conglomerate of Internet-based…

clock November 17, 2003WWD Staff

Fashion Features

The Revolution Has Just Begun

While many concede that the Internet boom has gone bust, Jeff Bezos thinks it is still in its nascent stages. And, as the founder and chief executive officer of Amazon.com, one of the most successful companies to emerge in the Internet era, he makes a…

clock November 17, 2003WWD Staff

Fashion Features

Cotton Online for the Future

Forget about retail-tainment. Now Cotton Incorporated is trying to make shopping a joyous experience.

J. Berrye Worsham, president and chief executive of the Cary, N.C.-based fiber promotion organization, unveiled a planned Web site devoted…

clock November 17, 2003WWD Staff

Fashion Features

Jack Mitchell on Hugging

Hugging pays dividends — just ask Jack Mitchell. The chairman and chief executive officer of Mitchells and Richards, two of the country’s most successful independent specialty retailers, has taken the concept of hugging his customers to…

clock November 17, 2003WWD Staff

Fashion Features

Fabien’s Fruitful Mind

Fabien Baron, creative director and owner of advertising and design company Baron & Baron Inc., is an advertising guru, image-maker, video director and photographer, creative director of French Vogue and a furniture designer with a collection…

clock November 17, 2003WWD Staff

Fashion Features

Kors, Stroll Rev Their Engines

As a student at FIT, Michael Kors launched his Seventh Avenue career with a part-time sales gig at a Fifth Avenue store called Lothar’s. Quickly realizing that it was “more fun selling jeans to Cher than it was draping a pattern,”…

clock November 17, 2003WWD Staff

Fashion Features

Esprit Returns to Its Roots

Esprit is out to prove that you can go home again. Founded in San Francisco 35 years ago by then husband-and-wife Doug and Susie Tompkins, the brand sold its trademark rights in the U.S. and the Caribbean to Esprit Holdings Ltd., a Hong Kong-based,…

clock November 17, 2003WWD Staff

Fashion Features

Capturing Fickle Youth

Renowned for their fickleness, teenagers are a tough demographic to rein in. Yet that’s exactly what The WB and Jed Petrick, its president and chief operating officer, have managed to accomplish since the network was launched eight years ago….

clock November 17, 2003WWD Staff

Fashion Features

PVH: Making a Grand Brand Grander

Will the same branding principles that made Van Heusen one of the biggest shirt brands in America work in the world of high fashion?

Bruce Klatsky thinks so.

Earlier this year the chairman and chief executive of Phillips-Van Heusen Corp….

clock November 17, 2003WWD Staff

Fashion Features

DVF: A Fairy Tale With Legs

Most fairy tales end with the girl marrying the prince,” said Diane von Furstenberg as she introduced her story during her keynote address. “Mine began that way.”

Few designers could describe their careers within the…

clock November 17, 2003WWD Staff

Fashion Features

Edie’s ‘Emotile’ Way: Educate, Entertain, Inform

Get ready to get emotile. That is the name futurist Edith Weiner gave for the new economy.

In a far-reaching keynote presentation, Weiner, president of the Weiner, Edrich, Brown Inc. consultancy, said the economic world we see is really four…

clock November 17, 2003WWD Staff

Fashion Features

Ross Talks Tough on Trade

The textile industry hasn’t taken seriously enough the need to really, really cut a lot of costs out…Part of the psychological problem is too many of the textile people simply complaining about imports, rather than trying to figure out a…

clock November 17, 2003WWD Staff

Fashion Features

Shakeups on the Sourcing Front

Vanishing quotas. Price deflation. Market disruptions. Trade tensions. The sourcing industry is buckling itself in for a bumpy ride in 2004 and beyond. “The only certainty we see ahead for the next five years is uncertainty. The industry will…

clock November 17, 2003WWD Staff

Fashion Features

KSA Survey: Why Consumers Are Unhappy

Angry women in tight pants.” That’s how Phil Kowalczyk, managing director of Kurt Salmon Associates, described the vast majority of America’s female consumers after they enter fashion stores seeking style, fit and comfort and leave…

clock November 17, 2003WWD Staff

Fashion Features

The Right Mix Makes a Merger

Having a reasonable acquisition price will get a buyer to first base, but often it’s the chemistry and compatibility among the key players that will determine whether the proposed merger makes it to home plate.

For apparel consolidators,…

clock November 17, 2003WWD Staff

Fashion Features

Graj: Let’s Get Physical

Build it and they will come. A picture is worth a thousand words. Seeing is believing. Familiar phrases to be sure, but Simon Graj, a principal and co-founder of brand consultancy Graj+Gustavson, has taken them to heart as the guiding themes in his…

clock November 17, 2003WWD Staff

Financial

Factory 2-U Lowers Loss

NEW YORK — Factory 2-U Stores managed to narrow its third-quarter loss despite wildfires, labor strikes, a purge of field management and what its chief executive termed other “acts of God and men.”

Concurrent with its earnings…

clock November 17, 2003WWD Staff

Financial

Strong Sales Aid The Buckle’s Net

NEW YORK — The Buckle Inc. posted increases in net and same-store sales as well as profits in the third quarter.

The Kearney, Neb.-based retailer said that income rose 8.2 percent for the three months ended Nov. 1 to $12.2 million, or 56…

clock November 17, 2003WWD Staff

Fashion Features

Bankruptcy’s Bounty

Chapter 11 Isn’t Cheap

Store Chore ’04: Building Sales Again
Retail Stocks: Will the Boom Go Bust?
Fore-Tales: Prediction Is a Precarious Art

clock November 17, 2003WWD Staff

Fashion Features

The Cost Of Hitting Rock Bottom

Bankruptcies exact a very high toll on employees and shareholders alike, but advisors receive lessons in largesse.

clock November 17, 2003WWD Staff

Fashion Features

Stock Answers

A run-up in retail shares and an economic rebound needn’t be mutually exclusive.

clock November 17, 2003WWD Staff

Fashion Features

Top Of The Heap

Tired of cutting costs and wielding axes, retail executives are looking to rejuvenate revenues and build top-line results as a recovery looms ahead.

clock November 17, 2003WWD Staff

Fashion Features

Beauty Review And Outlook

THE ESTEE LAUDER COS. began its new fiscal year much as it ended the last one — with healthy bottom- and top-line gains. For the first quarter ended Sept. 30, the New York-based beauty giant reported a 4.9 percent gain in net income to $77…

clock November 17, 2003WWD Staff

Fashion Features

European Luxury Review And Outlook

GUCCI GROUP didn’t hold onto the services of chief executive Domenico De Sole and creative director Tom Ford, but the luxury house, majority-owned by Pinault-Printemps-Redoute, painted a bright picture of second-half prospects just before…

clock November 17, 2003WWD Staff

Fashion Features

Forecast: Iffy

Even The Best Of Consumer Intention Surveys Can’t Foretell The Future.

clock November 17, 2003WWD Staff

Essentialist

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clock 13hLorelei Marfil

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