The Hipper Side of Sakes: Contemporary Key at New Texas Digs

No cover image

Overview

Saks Fifth Avenue celebrated its 80th anniversary Wednesday by opening a contemporary and bridge-focused store here as part of its drive to attract younger customers and reinvigorate the entire 64-store chain.

From This Issue

Financial

AFL-CIO Launches Web Site Tracking Loss of U.S. Jobs

Going on the offensive against President Bush’s assertions of economic recovery, the AFL-CIO unveiled a Web site tracking U.S. job losses.

clock September 17, 2004WWD Staff

Financial

U.N. Economic Outlook: Growing, but Threatened

GENEVA — Global economic output is forecast to increase by 3.8 percent in 2004, and the expansion is projected to continue into 2005 spurred by growth in the U.S. and Asia, in particular China, according to a report by a U.N. agency released…

clock September 17, 2004WWD Staff

Retail

Hurricanes Continue to Batter Retail

NEW YORK — As Ivan was downgraded to a tropical storm and Jeanne was upgraded to a hurricane, Wal-Mart, the world’s largest retailer, said Thursday that 77 of its roughly 600 facilities in the Southeast are closed, mostly due to power…

clock September 17, 2004WWD Staff

Fred Wilson; William Taubman, executive vice president of Taubman Centers, and Andrew Jennings.

Retail

The Hipper Side of Saks: Contemporary Key at New Texas Digs

There’s nary a stitch of designer clothing at Saks Fifth Avenue’s latest location, in Plano, Tex., where the chain is showing its approachable side.

clock September 17, 2004WWD Staff

WWD Image

Fashion Features

Lo-Cost Lagerfeld

Karl Lagerfeld is breaking fashion ground again, this time with a collection for the Swedish retail giant H&M.

clock September 17, 2004WWD Staff

Donald Trump

Beauty Features

Trump: Dollars and Scents

Donald Trump is talking to the Estée Lauder Cos. about doing a men’s fragrance.

clock September 17, 2004WWD Staff

WWD Image

Financial

Hermès Taps Co-CEO as Net Surges

Hermès reported a 12.4 percent rise in first-half profits, though its new co-chief executive, Patrick Thomas, warned the second half may be tougher.

clock September 17, 2004WWD Staff

WWD Image

Fashion Features

Quote of the Week

“I stole this jacket from a friend in Paris a long time ago. It was a friend who started his life as an Antonio, but now is an Antonia. She doesn’t need it anymore.”

— Rolling Stone Keith Richards at Stephen…

clock September 17, 2004WWD Staff

Fashion Features

In Brief: Watch for Kangol … Eddie Bauer Taps Designer … Wet Seal Hires Adviser …

WATCH FOR KANGOL: Kangol is adding women’s and men’s watches to its growing assortment of accessories classifications. The firm, best known for its flat caps, entered agreements with Fossil Inc. and Bollman Hat Co. Fossil will…

clock September 17, 2004WWD Staff

Elizabeth Jagger

People

Suzy

Wilbur Ross takes a bride…The progeny of rock ’n’ roll royalty reunite…The big screen Bridget Jones auctions off her big duds.

clock September 17, 2004WWD Staff

An exclusive first look at the ad campaign shot by Lagerfeld.

Beauty Features

H&M Goes Designer With Karl

Hennes & Mauritz is set to unveil Karl Lagerfeld’s entry into the world of masstige fashion in Paris tonight. To the designer, “it’s all about taste.”

clock September 17, 2004WWD Staff

Danilo’s Swarovski crystal headpiece at Runway Rocks.

Fashion Features

New Additions

NEW YORK — Not to be outdone by the fashion contingent, jewelry makers and accessories designers have been making a splash around town during the spring show season with their own events.

Swarovski’s Runway Rocks event on…

clock September 17, 2004WWD Staff

Buddhist Punk

Fashion Features

Rock On

NEW YORK — Fashion week ended with a bang — and with some quiet moments.

Late Tuesday night, for example, it was difficult to ignore the call of the siren looks — they were stalking Nick Morley’s Buddhist Punk

clock September 17, 2004WWD Staff

Narciso Rodriguez

Fashion Features

Retailers Laud Feminine Fashions

Retailers were pleased by the feminine looks at New York Fashion Week. While the styles weren’t revolutionary, buyers said they were likely to sell.

clock September 17, 2004WWD Staff

Paul Starr, Estée Lauder’s national makeup artist, at Sass & Bide.

Beauty Features

Runways: Beauty’s New Marketing Plan

Big-name beauty firms are looking to trumpet their role backstage at runway shows, using videos and the Web to make sure they get noticed.

clock September 17, 2004WWD Staff

Richard Beckman, Pam Baxter and Patrick Bousquet-Chavanne.

Beauty Features

Dream Ball Raises $2.2M

NEW YORK — When asked to sum up the state of his beauty business, Gene Kahn, chairman and chief executive officer of May Co., simply replied, “stable.”

He was standing in the Waldorf-Astoria Hotel, attending the 20th annual…

clock September 17, 2004WWD Staff

Inside Avon’s big rig truck.

Beauty Features

New Path to Avid Beauty Shoppers

NEW YORK — Beauty industry veteran Suzanne Grayson watched a dream materialize into reality over the weekend, as she welcomed a conga line of visitors to the first annual consumer beauty and wellness expo, Pathways to Beauty and…

clock September 17, 2004WWD Staff

Duane Reade’s new Skin Fitness Centre.

Beauty Features

Duane Reade Unveils Skin Fitness Centre

NEW YORK — Duane Reade has always been known for serving its savvy customers with a wider than average array of color cosmetics. Now Manhattan’s largest drugstore chain is also providing upscale skin care in four high-volume…

clock September 17, 2004WWD Staff

Wal-Mart’s “All My Children” fragrance.

Beauty Features

Wal-Mart as Soap Opera Star

ABC’s blockbuster soap, “All My Children,” watched by 1.4 million weekly viewers, will team up with Wal-Mart to simultaneously launch a fictional and a reality scent.

clock September 17, 2004WWD Staff

Charles Worthington’s repackaged Results.

Beauty Features

Charles Worthington Seeks Permanent Residency in U.S.

NEW YORK — Although the Charles Worthington hair care business in the U.S. looms in the shadows of the brand’s success in the U.K. — its home turf — the new owners of the celebrity hairstylist brand still view America as the…

clock September 17, 2004WWD Staff

Soft Sheen-Carson’s new Optimum Oil Therapy line.

Beauty Features

Soft Sheen-Carson’s Micro Beads

NEW YORK — Soft Sheen-Carson is out to launch the newest technology in ethnic maintenance hair care with a five-item line that promises conditioning qualities without a heavy feel.

The new line, Optimum Oil Therapy, is formulated with a…

clock September 17, 2004WWD Staff

A rendering of the Georgette Klinger salon on Madison Avenue.

Beauty Features

Klinger Business to Be Reinvented

NEW YORK — Georgette Klinger salons are about to get a taste of what they’ve been preaching for more than 50 years.

A makeover is in the works for the nine-unit chain to include a massive revamp to its Manhattan location, as well as…

clock September 17, 2004WWD Staff

House of Creed’s Original Vetiver.

Beauty Features

Creed Introduces Original Vetiver

NEW YORK — The House of Creed is launching its newest scent, Original Vetiver, which is due to appear on counter today at Neiman Marcus.

The unisex fragrance will be Creed’s 42nd scent distributed in the U.S. and the first since…

clock September 17, 2004WWD Staff

Neil Katz and Jacqueline E. Singer

Beauty Features

Top Notes: Gemini Staffs up … Shiseido Moves … Sweet Sponsership …

GEMINI STAFFS UP: Gemini Cosmetics Inc., which president and chief executive officer Neil Katz formed via a partnership earlier this year, has appointed four members to its top executive staff.

Sam Endy has been named chief financial…

clock September 17, 2004WWD Staff

Fashion Features

Richemont Appoints CEO, Posts 15% Increase in Sales

Richemont named Norbert Platt group chief executive as it reported 15 percent sales growth through the first five months of its fiscal year.

clock September 17, 2004WWD Staff

Financial

Retail Apparel Prices Slip

Retail apparel prices slipped 0.4 percent in August, which economists said reflected a drop in disposible income and increased competition.

clock September 17, 2004WWD Staff

Fashion Features

Court Nixes Gigli Claims Against IT Holding

MILAN — A city court here has rejected all of Romeo Gigli’s claims in his suit against IT Holding and Prandina SpA, the brand’s former owner and its current licensee, respectively.

As part of the suit, Gigli was demanding the…

clock September 17, 2004WWD Staff

WWD Image

Fashion Features

Memo Pad: Two Schools of Calvin … Days of Future Past … And the Award for Best Synergy Goes To …

TWO SCHOOLS OF CALVIN: Rarely has a designer managed to polarize the critics to such a degree as has Francisco Costa, who presented his third women’s wear collection for Calvin Klein on Tuesday to sharply divided reviews. The…

clock September 17, 2004WWD Staff

Felix Dennis

Media

Of Swine and Sonnets: Felix Dennis, Cultural Conservator

NEW YORK — It would be hard to imagine an unlikelier champion of classical poetry than Felix Dennis. A hard-living, self-aggrandizing Englishman, Dennis is best known in America for publishing Maxim, a magazine whose success more than a few media…

clock September 17, 2004WWD Staff

Essentialist

Today's Must Read

Procter & Gamble; Procter and Gamble Signage outside Procter & Gamble corporate headquarters in downtown Cincinnati. Procter & Gamble reports financial resultsEarns Procter Gamble, Cincinnati, USA

Business

P&G Releases Further Preliminary Breakdown of Peltz Vote

clock 12hAllison Collins

Social Studies