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Business

Sears Sees Cash Dwindle as Losses Grow

Sears Holdings, parent to Kmart and Sears, posted a wider third-quarter loss and said cash balance was lower than a year ago.

clock 6hVicki M. Young

Beauty

WWD Beauty Inc Honors the Industry’s Best for 2016

The 15th-annual awards ceremony recognized the accomplishments of a cross section of beauty executives.

clock 6hLayla Ilchi

Business

Michael Jordan Wins Trademark Case in China

The decision could be a landmark ruling for Western brands in China.

clock 14hNyima Pratten

Polet’s Debut for Gucci: CEO Lauds ‘Mini-Boom’ As Profits Climb 33%

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Overview

Robert Polet has spent the last two months getting a crash course in luxury, Gucci style — and so far, the Dutchman likes what he sees.

From This Issue

The Blush ad.

Beauty Features

Lancaster U.S. Grows

NEW YORK — Lancaster’s prestige fragrance business in the U.S. has gone from a quiet, steady player to a growth engine for the category — and retailers are taking notice.

The company has marketed Davidoff Cool Water in the…

clock September 3, 2004WWD Staff

Vanilla Fields launched in 1993.

Beauty Features

Coty’s Enduring Mass Appeal

NEW YORK — Retailers equate the name “Coty” with a license to make money.

For the most part, launches from Coty, whether a new fragrance or the introduction of The Healing Garden, have been welcomed with open arms — and…

clock September 3, 2004WWD Staff

Robert Cankes

Beauty Features

Coty Inc. the First 100 Years


1904 François Sporturno moves to Paris, adopting the name Coty and launching his first fragrance, La Rose Jacqueminot, in a Baccarat-designed…

clock September 3, 2004WWD Staff

François Coty

Beauty Features

Coty’s Century of Beauty

Early in the 20th century, François Coty came to Paris and founded what became a powerhouse that has launched a phalanx of mass and prestige fragrances, including Davidoff Echo for men, right. In the process, he laid down the tenets of modern…

clock September 3, 2004WWD Staff

WWD Image

Beauty Features

Le Tout Paris

NEW YORK — Paris Hilton, the media’s favorite bad girl, just can’t stay out of the spotlight. Having starred in her own reality TV show and that infamous video, the hotel heiress is stepping into the world of fashion and beauty with…

clock September 3, 2004WWD Staff

Robert Polet

Financial

Polet’s Debut for Gucci: CEO Lauds ‘Mini-Boom’ As Profits Climb 33%

PPR’s net income shot up 61.5 percent to 191.1 million euros, boosted by luxury goods, but was well shy of expectations of about 360 million euros.

clock September 3, 2004WWD Staff

Esprit’s spacious store in the Flatiron district.

Retail

Esprit Relaunches U.S. Retail

Esprit opened a 10,000-square-foot unit at 110 Fifth Avenue on Thursday, marking a return to retailing in the U.S. for the German sportswear brand.

clock September 3, 2004WWD Staff

Catherine Walsh

Beauty Features

A Multibrand Game Plan for Lancaster

PARIS — Catherine Walsh, senior vice president of marketing for cosmetics and American licenses for Lancaster Group Worldwide, is getting mileage from her lineup.

She oversees such wide-ranging brands as Jennifer Lopez, Marc Jacobs,…

clock September 3, 2004WWD Staff

Financial

VF Jeanswear Closing Two Plants in Texas

NEW YORK — VF Jeanswear, which produces Lee, Wrangler and Earl Jean, plans to close two plants in El Paso, Tex., by the end of this year and move some of its sewing facility to Mexico to lower costs.

“Like many companies, we are…

clock September 3, 2004WWD Staff

Fashion Features

Quote of the Week

“They were great. Mary-Kate was very dignified about what happened last summer. She didn’t even mention the summer, which was very impressive.”

— Triumph the Insult Comic Dog, commenting on how the twins performed…

clock September 3, 2004WWD Staff

Financial

In Brief: New Deal

NEW DEAL: Kmart Holding Corp. Thursday reduced the number of stores it will sell to Sears, Roebuck under a prior agreement. The company will now sell 45 stores to Sears, nine less than it had first announced on June 30. The new acquisition cost…

clock September 3, 2004WWD Staff

Fashion Features

Correction

Neil Cole is chief executive officer of Candie’s Inc. This was reported incorrectly in a story on Tuesday.

clock September 3, 2004WWD Staff

Clinique’s Superdefense Triple Action Moisturizer.

Beauty Features

Clinique’s Defense Strategy

NEW YORK — Clinique plans to mount a defense against the enemies of healthy skin this winter.

The brand will launch its latest skin care product, Superdefense Triple Action Moisturizer, on Dec. 26 in the U.S. The new product is intended…

clock September 3, 2004WWD Staff

A rendering of the MAC lounge.

Beauty Features

MAC to Put Beauty Center Stage

NEW YORK — MAC Cosmetics is continuing its quest to bring backstage beauty to the front of the house.

In addition to its role as official makeup sponsor for Olympus Fashion Week, MAC plans to create a lounge in the Bryant Park Tents that…

clock September 3, 2004WWD Staff

“A Little Work” will hit bookstores Oct. 19.

Beauty Features

Plastic Doesn’t Make Perfect, Says Park Avenue Surgeon

NEW YORK — In a world dominated by extreme makeover television shows, Z. Paul Lorenc, M.D., F.A.C.S., is positioning himself as a plastic surgeon with a conscience. His new book, “A Little Work: Behind the Doors of a Park Avenue Plastic…

clock September 3, 2004WWD Staff

Bliss’ new packaging, which will be light blue across all of its ranges.

Beauty Features

Starwood Follows Its Bliss With Spa Chain

The new owners of Bliss spas, Starwood Hotels, have an aggressive expansion campaign that includes new locations, products and services.

clock September 3, 2004WWD Staff

Athens-born items from Aromatherapy by Apivita, Propoline and Korres.

Beauty Features

Greek Brands Growing in U.S.

NEW YORK — As memories of the Athens Summer Games begin to fade, some Athens-based beauty brands are taking steps to increase their presence in the U.S.

At least three naturally based niche brands from Greece — Korres, Propoline and…

clock September 3, 2004WWD Staff

Beauty Features

Parlux Rides the Paris Mania

There aren’t many public acts left unexplored for Paris Hilton, and come November the hotel heiress can cross “fragrance launch” off her list.

clock September 3, 2004WWD Staff

Items from Naterra’s Time Block line.

Beauty Features

Critical Mass: Mass Skin Care Gets Serious

NEW YORK — Retailers visiting the skin care edition of the Efficient Program Planning Session in Orlando, Fla., this week might have thought they had stumbled into a dermatological convention by mistake.

That’s because mass market…

clock September 3, 2004WWD Staff

Beauty Features

Top Notes: Makeup Moves … Glamourous Makeovers … Creme of the Crop …

MAKEUP MOVES: Procter & Gamble, apparently still intent on proving it’s serious about beauty, seems to have formed a relationship with superstar makeup guru Pat McGrath. Procter & Gamble Cosmetics has sent out invitations for a…

clock September 3, 2004WWD Staff

The official Spa Secure seal.

Beauty Features

Safety Concerns Prompt Spa Licensing System

NEW YORK — Emery boards — the ones with surfaces resembling sandpaper — ought to raise a red flag with nail salon goers. If not tossed in the trash after each use, they are breeding grounds for infection, explained Melinda Minton,…

clock September 3, 2004WWD Staff

Inside the Nickel spa on 14th Street.

Beauty Features

Nickel to Keep Spa a Focus

NEW YORK — Five months after finalizing the acquisition of 67.5 percent of Nickel for about $6 million, Inter Parfums isn’t looking to take any dramatic turns with the U.S.-based business of the French men’s brand. But that’s…

clock September 3, 2004WWD Staff

Co-founders David Hershkovits and Kim Hastreiter.

Media

Paper Marks 20 Years as Downtown Bible

Los Angeles — There’s an unavoidable sense of relief in the voice of Kim Hastreiter, half the irreverent pair, along with David Hershkovits, who founded Paper magazine on only $4,000 and a typewriter out of her loft near Manhattan’s…

clock September 3, 2004WWD Staff

Gwen Stefani on the cover of V.

Media

Memo Pad: Sofia’s Choice … V Migration … Party Crashers

SOFIA’S CHOICE: Will it be cinematic? Will Marc Jacobs get the cover? Will some things get lost in translation? Those are some of the questions that spring to mind at the prospect of Sofia Coppola guest editing a fashion magazine….

clock September 3, 2004WWD Staff

Department store retailers such as Saks Inc. and Lord & Taylor posted lackluster August sales.

Financial

August Sales Down and Out

Higher oil prices and a later Labor Day caused many consumers to hold off on back-to-school shopping, wilting retail sales in August.

clock September 3, 2004WWD Staff

Retail

Retailers Prepare for Wrath of Frances

Retailers in southeast Florida braced for Hurricane Frances, with major shopping centers and stores closing on the eve of Labor Day weekend.

clock September 3, 2004WWD Staff

“There ain’t no stopping us now,” Vice President Dick Cheney told the RNC. The economy remains a key campaign challenge for the GOP ticket.

Fashion Features

As GOP Wraps, Economic Debate Begins

As the tight presidential contest enters its final two months, the uneven economy continues to rival national security as the top issue facing voters.

clock September 3, 2004WWD Staff

Lally Weymouth with Ed Koch at the Newsweek party.

Fashion Features

Weymouth Takes A-List Mantle

NEW YORK — Lally Graham Weymouth grew up attending insider Washington parties thrown by her mother, the late Washington Post Co. chairman Katharine Graham, whose invitation guaranteed a mix of influential Republicans, Democrats, diplomats, media…

clock September 3, 2004WWD Staff

Judith Giuliani

Fashion Features

Judith Giuliani on Fashion, Politics

NEW YORK — With little sleep and a lot of coffee, Judith Giuliani has been charging from one RNC event to the next with nothing short of gusto.

Unlike some politicians’ wives who look like weary cheerleaders, she’s still…

clock September 3, 2004WWD Staff

Betsy DeVos

Fashion Features

New York Notes: Hosting on the Right … Planet Schwarzeneger … Southern Comfort

HOSTING ON THE RIGHT: Betsy DeVos, chairman of Michigan’s Republican State Committee, hosted a number of cocktail receptions and benefits during the convention aboard her family’s yacht, the Windquest, docked at the Chelsea…

clock September 3, 2004WWD Staff

Fashion Features

Marzotto, Missoni Re-Up M License

MILAN — Missoni has renewed its license with Marzotto for the M Missoni line, which the two companies have produced for the last 18 years.

The renewal extends the license for another six years.

More bridge than diffusion, M…

clock September 3, 2004WWD Staff

Beauty Features

Coty Celebrates its First Century

NEW YORK —Coty Inc. is one of the most historic and multifaceted companies in the cosmetics business.

It goes back to 1904 when François Coty came to turn-of-the-century Paris to found what we now consider the modern fragrance…

clock September 3, 2004WWD Staff

Coty’s Emeraude.

Beauty Features

An Architect of Modern Beauty

PARIS — Coty, a name that has resonated in the world of beauty for the past 100 years, owes its origins to its founder, François Coty. Coty was, however, born François Marie Joseph Spoturno in Corsica in 1874.

Raised by his…

clock September 3, 2004WWD Staff

Eric Thoreux, president of Coty Beauty Americas.

Beauty Features

Thoreux’s Different Drummer

NEW YORK — In certain beauty circles, Eric Thoreux is referred to as Coty’s Renaissance man. And the title may just fit the bill: As soon as Thoreux joined the beauty company 10 years ago from Procter & Gamble, he aimed to disassemble…

clock September 3, 2004WWD Staff

The Human Rights Campaign’s “Love is Everywhere” logo.

Fashion Features

Fashion Scoops: Thursday Night Zebra … Fur Baby … Styling the Vote …

THURSDAY NIGHT ZEBRA: In Venice for the city’s 61st annual film festival, John Travolta and Scarlett Johansson dined with the Missoni clan Thursday night on the family’s vintage Venetian boat, “Timoteo.”…

clock September 3, 2004WWD Staff

Fashion Features

Obituary: Former FGI Head, Lenore Benson

NEW YORK — Lenore Benson, a former executive director of Fashion Group International who inaugurated its annual Night of Stars gala, died Wednesday at New York Hospital.

Benson, 80, died of acute pancreatic distress after a short illness,…

clock September 3, 2004WWD Staff

Retail

Julie Rosen and Sheryl Clark Named Exec VPs at Gap Inc.

LOS ANGELES — Gap Inc. announced on Thursday the promotion of senior merchants Julie Rosen and Sheryl Clark to the new positions of executive vice president merchandising for Gap Brand and executive vice president of merchandising for Old Navy,…

clock September 3, 2004WWD Staff

Beauty Features

Designing a Powerhouse

NEW YORK — Bernd Beetz has no lack of ambition.

The company that François Coty founded a century ago is being re-engineered with the express purpose of conquering the world of beauty. The architect of this grand plan is Bernd Beetz,…

clock September 3, 2004WWD Staff

Michele Scannavini

Beauty Features

Scannavini’s Game Plan

PARIS — Michele Scannavini has led Lancaster Group Worldwide, Coty Inc.’s prestige beauty division, for the past two years. During his tenure the business has skyrocketed, posting a phenomenal 58 percent sales uptick.

Scannavini…

clock September 3, 2004WWD Staff

John Galantic

Beauty Features

Coty Evolves From Fragrance House to Beauty Power

NEW YORK — For most of the company’s 100-year history, Coty Inc. operated principally as a fragrance house. It is only within the last decade that Coty set its sites on evolving into a total beauty company, explained John Galantic,…

clock September 3, 2004WWD Staff

Lancaster introduced Echo to the U.S. market in February. Echo Woman is slated to bow in time for Valentine’s Day.

Beauty Features

Regional Appeal, Global Ambitions

PARIS — Françoise Mariez, senior vice president of marketing for fragrances at Lancaster Group Worldwide, aims to give breadth to brands.

Her portfolio includes such names as Davidoff, Jil Sander, Joop, Vivienne Westwood, Chopard…

clock September 3, 2004WWD Staff

A selection of Rimmel products.

Beauty Features

Rimmel Bows Nationwide

After a four-year incubation period at Wal-Mart, Coty is readying its color cosmetics brand Rimmel London for a national debut in the U.S. market this fall. And, while the average U.S. consumer — Wal-Mart cosmetics shoppers excluded — may…

clock September 3, 2004WWD Staff

Essentialist

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Sen. Charles Schumer at podium with Leo Gerard of United Steelworkers.

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clock 8hKristi Ellis

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