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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 18hDavid 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 14hEvan 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 22hDavid Moin

A New Era at Versace: Allegra Beck to Inherit 50% of Firm on June 30

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Overview

Allegra Beck turns 18 on June 30, at which time she will take full control of the 50 percent stake in Versace bequeathed by her uncle, Gianni Versace.

From This Issue

WWD Image

Fashion Features

China Beach

NEW YORK — Tomas Maier is definitely beach bound. Instead of taking the usual sun-and-sand approach, however, the Bottega Veneta designer set sail for a more exotic port of call — Hong Kong’s exclusive Repulse Bay. There, he found…

clock June 15, 2004WWD Staff

Santo Versace

Fashion Features

A New Era at Versace: Allegra Beck to Inherit 50% of Firm on June 30

Allegra Beck turns 18 on June 30, at which time she will take full control of the 50 percent stake in Versace bequeathed by her uncle, Gianni Versace.

clock June 15, 2004WWD Staff

Fashion Features

China’s Apparel Imports Up

Apparel imports from China far outpaced shipments from the rest of the world and showed no signs of weakening in April.

clock June 15, 2004WWD Staff

Fashion Features

In Brief: DKNY’s Kids’ Play … Stock Wave … Pietro Departs …

DKNY’S KIDS’ PLAY: Donna Karan International said Monday that Children Worldwide Fashion, its licensee for DKNY children’s wear in Europe and the Middle East, will create a DKNY children’s collection for the U.S. and…

clock June 15, 2004WWD Staff

Fashion Features

Correction

The Marc Jacobs photo in the article “Twist and Shout” in the June 9 issue was incorrectly credited. It was by Talaya Centeno.

clock June 15, 2004WWD Staff

Fashion Features

Fashion Scoops: The Apprentices … Another Galaxy

THE APPRENTICES: Because all the world needs is more fashion drama…Miramax Television’s “Project Runway,” the latest reality show to hit the airwaves (premiering on Bravo November 30) will explore the behind-the-seams…

clock June 15, 2004WWD Staff

Fashion Features

Tommy’s Pay Drops 10.8% to $18.3M

NEW YORK — Tommy Hilfiger’s salary for the year ended March 31 fell by 10.8 percent, but it was still a hefty $18.3 million.

The 53-year-old designer, who is also honorary chairman, received $20.6 million the year before, according…

clock June 15, 2004WWD Staff

The scene at Versailles.

People

Fountain of Youth

After seven years and $4 million in fund-raising, the waters flowed again through Trois Fontaines Bosquet in Versailles.

clock June 15, 2004WWD Staff

Rena Sindi in Dior, getting her arm painted.

People

Pretty Poison

Rena Sindi throws a “poisonous” party.

clock June 15, 2004WWD Staff

People

Eye Scoop: Friendly Fire

A diplomatic scoop.

clock June 15, 2004WWD Staff

Fashion Features

Ohio Mall Bomb Terror Plot Broken Up

Attorney General John Ashcroft laid out an alleged scheme to blow up a Columbus, Ohio-area mall, after a grand jury indicted a suspect.

clock June 15, 2004WWD Staff

Bare Escentuals’ 700-square-foot Manhattan store opened in April.

Fashion Features

Beauty Beat: ‘Escentual’ Cash Infusion: MD Beauty Gets Funding … Femme Arsenal to Launch Beauty …

‘Escentual’ Cash Infusion: MD Beauty Gets Funding

NEW YORK — The door is open for rapid expansion of MD Beauty Inc. and its Bare Escentuals retail format.

Berkshire Partners and JH Partners have completed the…

clock June 15, 2004WWD Staff

Media

Memo Pad: Janice’s Min-I Me … Fair Deals … Puffy Gets Musty …

JANICE’S MIN-I ME: Us Weekly, which prides itself on getting the goods on celebrity babies, is without its top editor this week after Janice Min gave birth Thursday to a 7-pound boy, Parker Willis Min Sheehy. Min said in…

clock June 15, 2004WWD Staff

Lizzy Lord checks out a top at Dillard’s with sister Alice and mother Brenda.

Fashion Features

Retailers Face Demand for New Modesty

In all modesty, retailers such as Nordstrom and Dillard’s are reacting to customers and religious groups who want less-revealing clothes.

clock June 15, 2004WWD Staff

Indian manufacturers shipped $3.22 billion worth of textiles and apparel to the U.S. for the year ended April, making the country the U.S.’s fourth-ranked supplier of those products.

Fashion Features

India Seen as Alternative to China

India is set to become a superpower of apparel manufacturing, but it has hurdles to overcome, said executives at Global Sourcing 2005.

clock June 15, 2004WWD Staff

Gary Adams, of the National Cotton Council, said, “China continues to expand its role in the world cotton market.”

Fashion Features

Cotton Sees Edge in Fiber Technology

GREENVILLE, S.C. — Relying on technology to improve efficiency will be a key way for U.S. textile companies to hold off low-cost foreign competition after the 147 nations of the World Trade Organization drop their quotas on textiles and apparel…

clock June 15, 2004WWD Staff

Fashion Features

House Renews AGOA Program

WASHINGTON — The House voted Monday to extend special apparel-duty breaks for the poorest countries in sub-Saharan Africa, set to expire in September.

The Africa measure — considered a matter of urgency by apparel importers —…

clock June 15, 2004WWD Staff

Fashion Features

Swatches: Woolmark Names New Chief … Quality in India … Archroma’s New Hire …

WOOLMARK NAMES NEW CHIEF: The Woolmark Co. and its holding company, Australian Wool Services Ltd., on Thursday named Peter Wilkinson as managing director.

He starts at Woolmark next week, succeeding David Conners, who in January opted to…

clock June 15, 2004WWD Staff

U.S. Customs officials have been conducting closer-than-usual inspections of sweater imports, in a battle against illegal transshipments.

Fashion Features

Customs in Sweater Crackdown

WASHINGTON — West Coast sweater importers have seen major slowdowns in the entry of their goods this year, as U.S. Customs continues to crack down on illegal transshipping.

Since an enforcement blitz began last month, 15 shipments of…

clock June 15, 2004WWD Staff

Fashion Features

Cargo: Still a Terrorism Risk

GENEVA — The risk is still high that one of the 250 million cargo containers that circulate around the world every year could be used to ship a weapon of mass destruction, according to a report by the Paris-based Organization for Economic…

clock June 15, 2004WWD Staff

Fashion Features

Tariff Payment Plan OK’d

WASHINGTON — U.S. Customs & Border Protection began testing a new tariff payment program Monday that is expected to save importers money and reduce bookkeeping headaches starting in September.

The initiative is called Periodic Payment and…

clock June 15, 2004WWD Staff

Fashion Features

Retail Apparel Sales Increase in May

Retail sales in clothing and accessories stores bounced back slightly in May, following a tepid month in April, the Commerce Department reported.

clock June 15, 2004WWD Staff

Fashion Features

M&S Mounts Property Defense

Marks & Spencer is set to fight a fresh takeover bid from U.K. retail tycoon Philip Green and has commissioned a revaluation of its property portfolio.

clock June 15, 2004WWD Staff

A new look from Bob Mackie Studio.

Fashion Features

Mackie Goes Demure With New Dress Line

NEW YORK — Understated is not typically a word used to describe Bob Mackie, a designer who has whipped up plenty of over-the-top outfits for Cher. Despite that, the Californian has developed a moderate collection of dresses that look nothing…

clock June 15, 2004WWD Staff

Gisele in Zoomp at the last São Paulo Fashion Week.

Fashion Features

Designers Flock to Rio

São Paulo Fashion Week is expected to attract more foreign buyers as it solidifies its reputation as Latin America’s most influential presentation.

clock June 15, 2004WWD Staff

Fashion Features

New Roles at Bill Blass

NEW YORK — As part of a plan to bolster its licensing business, Bill Blass Ltd. has made two key executive moves.

Michael Vollbracht has been promoted to creative director from design director, and Jean-Claude Huon has joined the company…

clock June 15, 2004WWD Staff

Financial

Quiksilver Earnings Surge 22.8% in Second Quarter

NEW YORK — Above-plan sales and a weak dollar helped Quiksilver Inc. beat Wall Street’s forecast in the second quarter and put the company on track to blow past the $1 billion revenue mark by fiscal yearend.

For the three months…

clock June 15, 2004WWD Staff

Essentialist

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Raf Simons

Fashion

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

clock 19hLisa Lockwood

Social Studies