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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 December 7, 2016David 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 22hEvan 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 December 7, 2016David Moin

More Changes at Saks: Possible $500M Revamp, Exec Reshuffle Goes On

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Overview

With its top executive team in place, Saks Fifth Avenue is continuing its blizzard of change down through the manangement ranks — and plotting heavy investment in its future.

From This Issue

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Beauty Features

Diamond Fantasy

NEW YORK — When it comes to seductive positioning, it’s hard to beat Victoria’s Secret. So when the lingerie company’s beauty division was looking for a way to promote its new fragrance, called Basic Instinct, it took a page…

clock August 6, 2004WWD Staff

WWD Image

Retail

More Changes at Saks: Possible $500M Revamp, Exec Reshuffle Goes On

Saks Fifth Avenue is expected to pitch a three-year, $500 million capital expenditure program to the Saks Inc. board for store renovations, according to…

clock August 6, 2004WWD Staff

Prada ceo Patrizio Bertelli.

Financial

Prada Earnings Gain 34%

A $20 million tax benefit fueled Prada’s 34 percent jump in its net profits last year, the company’s annual report reveals.

clock August 6, 2004WWD Staff

Foxy Brown

Fashion Features

Quote of the Week

“I can throw on a sweatshirt and Nike sneakers and be fly or wear a Dolce & Gabbana pinstripe suit and have the same effect.’’

— Foxy Brown, who is rolling out a fur collection.

clock August 6, 2004WWD Staff

Financial

In Brief: Buying Tati

BUYING TATI: French discount clothing retailer Tati, in the equivalent of Chapter 11 bankruptcy protection since last September, has a new owner. On Thursday, Paris’ commercial court accepted Vetura’s bid of 14.5 million euros, or…

clock August 6, 2004WWD Staff

WWD Image

Fashion Features

Correction

The photo caption for the blue cashmere cardigan with a rhinestone clasp (pictured) misidentified the vendor in the Intermezzo story on Thursday. It is by Bibelot.

clock August 6, 2004WWD Staff

Pamela Anderson

Fashion Features

A Tardy Pamela Talks Lingerie

Pamela Anderson nearly missed her lingerie interview when she overslept due to heavy partying Tuesday night with Howard Stern at Scores.

clock August 6, 2004WWD Staff

Fashion Features

Alber Elbaz Signs Long-Term Lanvin Contract

PARIS — Quashing ubiquitous speculation that he was headed for Givenchy, designer Alber Elbaz said Thursday he’s staying put at Lanvin.

“It makes sense for me to stay where I feel really comfortable,” Elbaz said in an…

clock August 6, 2004WWD Staff

Giorgio Armani

Financial

Property Sale Boosted Armani ’03 Net

MILAN — A one-time gain on a property sale was the main reason for a 13.8 percent jump in Giorgio Armani SpA’s 2003 net profits, according to the company’s just-published annual report.

Armani released its 2003 revenue and…

clock August 6, 2004WWD Staff

Belle Robinson at the Jigsaw London store in Brentwood, Calif.

Retail

Jigsaw London Adds U.S. Piece

LOS ANGELES — The Brentwood Country Mart has the feel of small-town shopping — a post office, shoe repair and a yoga studio — and that was just what Jigsaw London, the U.K. women’s chain, was looking for as the locale for its…

clock August 6, 2004WWD Staff

Sylvie and Olivia Chantecaille at Bergdorf Goodman for the launch of Biodynamic Lifting Cream.

Beauty Features

Chantecaille on a Roll

NEW YORK — Sylvie Chantecaille is slowly painting the globe.

On Sept. 22 her fledgling beauty brand, Chantecaille Beaute, will go on sale at Seibu in Hong Kong, and in January Chantecaille expects to open a 2,000-square-foot spa in Taipei,…

clock August 6, 2004WWD Staff

Osmotics Male

Beauty Features

Osmotics Spotlights ‘Male’

NEW YORK — Skin care marketer Osmotics has retooled and enlarged its men’s line, in an effort to further differentiate a masculine product offering from the brand’s namesake assortment of women’s skin care.

Three years…

clock August 6, 2004WWD Staff

Intensive Ampoule Treatment

Beauty Features

La Prairie’s Caviar Craving

NEW YORK — La Prairie is offering another serving of caviar this fall.

Skin Caviar Intensive Ampoule Treatment, a two-step, six-week treatment program said to energize and increase the skin’s firmness and brightness, is the sixth…

clock August 6, 2004WWD Staff

A rendering of Biotherm’s Glendale store.

Beauty Features

Biotherm to Open Showcase in U.S.

Biotherm will unveil its first freestanding store in the U.S., launch an e-commerce Web site and debut several new products this fall.

clock August 6, 2004WWD Staff

The Basic Instinct fragrance and ancillaries.

Beauty Features

Victoria’s Sophisticated Lady

NEW YORK — Victoria’s Secret Beauty is trusting its instincts and offering customers a little more sophistication. In October, the brand will launch Basic Instinct, the 10th fragrance in its prestige portfolio.

And its positioning…

clock August 6, 2004WWD Staff

Kiehl’s Cryste Marine.

Beauty Features

Kiehl’s Heads Back to the Sea

NEW YORK — Kiehl’s is hoping that consumers will notice a sea change in their complexions with its latest product.

Cryste Marine, the second antiaging cream to be launched by Kiehl’s Since 1851, is aimed at women in their 40s…

clock August 6, 2004WWD Staff

Mark rep Julia Kaziewicz does Tara Canny’s makeup.

Beauty Features

One Year Along, Avon Makes Mark

NEW YORK — When poring over products like De-Luscious Lip Plumping Pots or Matte-nificent Oil Absorbing Powder, Deborah Fine, Avon Future president, is thinking as much about tomorrow’s customers as she is today’s.

For Fine,…

clock August 6, 2004WWD Staff

The committee (from left): Nicole Cardillo, Kim Conrad, Asha Talwar, Anne Marie Nicolet, Alexis Mezzina and Katie Rieg.

Beauty Features

Bumble, CEW Give Support to Young Executives

NEW YORK — If you amuse them, they will come.

That’s the adage Cosmetics Executive Women, a nonprofit support and networking organization, adopted one year ago to increase their young executive membership. In just one year,…

clock August 6, 2004WWD Staff

Beauty Features

Top Notes: Parlux Sales Soar … Sisley Appointment … SPF Soiree …

PARLUX SALES SOAR: Poised to launch a fragrance by infamous heiress Paris Hilton, Parlux Fragrances Inc. saw its sales skyrocket and net income soar during the first quarter.The Fort Lauderdale, Fla.-based prestige fragrance manufacturer…

clock August 6, 2004WWD Staff

Harmon’s new upscale unit in Short Hills, N.J.

Beauty Features

Critical Mass: Harmon Opens Upscale Unit

SHORT HILLS, N.J. — Harmon, a discount beauty store chain, has unveiled a new look here that is anything but budget.

The store, which bowed in May, is a combination of the deals offered in a Costco with the products and ambience of an…

clock August 6, 2004WWD Staff

The Kérastase Treatment Institute is encased in glass and features Philippe Starck-designed sinks and chairs.

Beauty Features

Kérastase Adds Spa Feel With Hair Haven

NEW YORK — Kérastase has broken new ground — literally.

The upscale salon hair care brand, which is operated under the L’Oréal Salon Product Division umbrella, recently celebrated the opening of its first East Coast…

clock August 6, 2004WWD Staff

New nail treatment collection by SOS Cosmetics.

Beauty Features

Nail Care Gets Special Treatment

NEW YORK — These days nail treatments solve everything from brittle nails to bacteria-infected nail beds. But can they help retailers, who are suffering from eroding sales in the artificial nail and nail polish segments, to offset a dipping top…

clock August 6, 2004WWD Staff

Organic Style’s new look.

Media

Memo Pad: Genial Giant … Isn’t It Organic … Runaway Jury …

GENIAL GIANT: The difference between Giant and all the other entertainment magazines out there can be summed up in two words: Stephen Tobolowsky. That’s the name of the actor who played Ned Ryerson in “Groundhog Day”…

clock August 6, 2004WWD Staff

American Eagle and Aeropostale credited the b-t-s season for their double-digit comp gains.

Financial

Comp Sales Lackluster in July

Stagnating sales trends coupled with light inventory to clear made July’s comparable-store sales results a washout, while luxury retailers remained immune.

clock August 6, 2004WWD Staff

Retail

Gribetz to Macy’s Home

NEW YORK — Macy’s Home Store has named Lester Gribetz senior vice president creative/fashion and Michael Donohue vice president/visual merchandising. Both executives report to Macy’s Home Store president Eric Salus.

Gribetz is…

clock August 6, 2004WWD Staff

Financial

Gildan Net Rises 20.1 Percent, H. Greg Chamandy Exits Firm

NEW YORK — Gildan Activewear Inc. delivered a one-two punch on Wednesday, announcing record third-quarter earnings as well as the departure of its top executive, H. Greg Chamandy.

The Montreal-based T-shirt and knitwear manufacturer said…

clock August 6, 2004WWD Staff

Financial

KarstadtQuelle Net Loss Leads to Lower Forecast

NEW YORK — KarstadtQuelle Group AG’s much wider net loss in the second quarter forced the company to lower its full-year earnings and sales guidance.

For the three months ended June 30, Europe’s largest department store and…

clock August 6, 2004WWD Staff

Fashion Features

Report: Puma Makers in China Work in Sweatshop Conditions

NEW YORK — Employees making Puma sneakers in a Chinese factory operated by a company contractor are forced to work as long as 100 hours a week in sweatshop conditions and live in rooms housing as many as 12 people, according to a report released…

clock August 6, 2004WWD Staff

Christina Aguilera on Jane’s September cover.

Media

Jane Loses the Angst

NEW YORK — It’s the ultimate Jane Makeunder.

Jane magazine unveils a major redesign with its September issue, hitting newsstands on Aug. 24, that stems more from a paradigm shift in the market than it does from flagging business. The…

clock August 6, 2004WWD Staff

Essentialist

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Amy Mellen

Fashion

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

clock December 7, 2016Lisa Lockwood

Social Studies