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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 10hDavid 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 6hEvan 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 14hDavid Moin

One Turns Into Four: PPR Expected to Tap Gucci Designers Today

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Overview

Pinault-Printemps-Redoute today will make official the four designers to take up Tom Ford?s reins at Gucci and Yves Saint Laurent.

From This Issue

Financial

Adidas Posts Record Net in ’03

BERLIN — Although a substantial North American sales slump negatively impacted fourth-quarter and full-year sales, Adidas-Salomon closed 2003 with record net earnings.

The Herzogenaurach, Germany-based firm on Wednesday said income for the…

clock March 11, 2004WWD Staff

“Grace Kelly with Dogs,” by Howell Conant, 1956.

People

Best In Show

Bruce Webber goes to the dogs

clock March 11, 2004WWD Staff

Blair Husain in Carolina Herrera and Dennis Basso with Dennis Basso.

People

Pretty in Mink

Rena Sindi was the big winner at the Young Friends of Save Venice Casanova’s Court masquerade ball at the Metropolitan Club last Friday. Accessorizing her outfit with a mask she’d purchased in New Orleans, she was named Best…

clock March 11, 2004WWD Staff

Isabelle Huppert with David O. Russell on the set of “I Heart Huckabee’s.”

People

Foreign Exchange

PARIS — Never mind strained political relations between France and America. In the movie world, there’s a celluloid romance blooming between American directors and French actors, and vice versa.

Examples run from Elodie Bouchez in…

clock March 11, 2004WWD Staff

WWD Image

Fashion Features

Tartan Time

PARIS — Marc Jacobs’ fall collection for Louis Vuitton was inspired by the Scottish Highlands, so it’s only natural that plaids would play an important role. In fact, they appeared in everything from fur-trimmed coats to bustles. And…

clock March 11, 2004WWD Staff

Stefano Pilati, flanked by models at the YSL show last October.

Fashion Features

One Turns Into Four: PPR Expected to Tap Gucci Designers Today

Pinault-Printemps-Redoute today will make official the four designers to take up Tom Ford’s reins at Gucci and Yves Saint Laurent.

clock March 11, 2004WWD Staff

Fashion Features

In Brief: Higher Education … Faster Caps … More Mexico for Everlast …

HIGHER EDUCATION: The Academy of Art College in San Francisco is set to change its name to Academy of Art University on March 18. President Elisa Stephens called the new name — decided upon by the school’s board — “more…

clock March 11, 2004WWD Staff

Financial

Talbots Net Suffers In 4th Quarter, Year

Lean inventories and poor markdown selling caused The Talbots’ earnings to fall by double-digits for the fourth quarter and full year.

clock March 11, 2004WWD Staff

Roxy helped drive double-digit gains for Quiksilver.

Financial

Quiksilver Off to Fast Start in ’04

NEW YORK — Quiksilver Inc. started fiscal 2004 on a high note, ending its first quarter with double-digit gains in profits and sales.

Benefiting from a weak dollar, the Huntington Beach, Calif.-based firm boosted its 2004…

clock March 11, 2004WWD Staff

Fashion Features

Fashion Scoops: Postcard from Paris … Tom Ford’s Replacement Is …

POSTCARD FROM PARIS: Now that his days at Celine are over, Michael Kors won’t miss the trans-Atlantic commute — but the workers are another story. When staffers welled up after his final runway walk, he said he told them, “Now…

clock March 11, 2004WWD Staff

Fashion Features

Condé Nast Planning Shelter Shopping Mag

NEW YORK — After a long day of shopping, the Cargo man and his Lucky girlfriend will head home — and Condé Nast will have another magazine waiting for them.

Less than a week after dropping the debut issue of Cargo in the mail,…

clock March 11, 2004WWD Staff

Fashion Features

Industry Imports: China Up, Others Soft

Imports of apparel and textiles from a host of countries plunged in January, but increases from China surpassed the entire world’s growth for the month.

clock March 11, 2004WWD Staff

Beauty Features

Beauty Beat: Kanebo Gets Funding, Board Resigning March 30 … Inter Parfums Profits Up … Shiseido Closing Plants …

TOKYO — Kanebo will receive a $3.33 billion (366 billion yen at current exchange rates) aid package from the Industrial Revitalization Corp. of Japan for its cosmetics division. The entire package for all of Kanebo’s operations is expected…

clock March 11, 2004WWD Staff

James Jeans are designed to flatter customers sized 6 to 8.

Fashion Features

Denim Dish: Fitting the Masses … Take Three … French Dressing Pours It On …

Fitting the Masses

As more companies seek out a piece of the high-end contemporary jeans market, brands are zeroing in on new fit niches, trying to make their slim low-rise looks work for a wider variety of figures. Designers have…

clock March 11, 2004WWD Staff

David Gensler with Damon Dash.

Fashion Features

Growing the Roc

Tiffany and Cartier beware — Rocawear’s Damon Dash is entering the luxury watch, jewelry and accessories market this fall. Here’s an update.

clock March 11, 2004WWD Staff

Triple 5 Soul

Fashion Features

Bright Outlook at ASR Show

LOS ANGELES — For once, the weather isn’t being blamed for poor sales.

In fact, the blazing sunshine and record-tying 84 degrees seemed to elevate the emotional climate and encouraged strong spring and back-to-school orders at the…

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WWD Image

Fashion Features

Market Order

Fashion retailers with the largest increase in shareholder value for the 12 months ended February 2004.

clock March 11, 2004WWD Staff

WWD Image

Financial

Soft Revenues Hit Dillard’s Yearly Net

Dillard’s net fell 29.2 percent in the fourth quarter.

clock March 11, 2004WWD Staff

Marshall Field’s State Street store.

Fashion Features

Target Looks to Shed Mervyn’s, Field’s

NEW YORK — Target Corp. has finally put the “for sale” sign on its long ailing Mervyn’s and Marshall Field’s divisions.

On Tuesday, the company said it will review “strategic alternatives” for…

clock March 11, 2004WWD Staff

Fashion Features

Jane Seymour, Blair Part Ways

NEW YORK — Catalogue retailer Blair Corp. said Wednesday that it and actress Jane Seymour had agreed to pull the plug on a line of clothing bearing her name.

The move is effective Sept. 18, when the three-year licensing deal the parties…

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Essentialist

Today's Must Read

Raf Simons

Fashion

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

clock 11hLisa Lockwood

Social Studies