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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 8hDavid 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 4hEvan 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 12hDavid Moin

In Lagerfeld’s Footsteps: Designers Eager to Repeat H&M Hit

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Overview

Given his triumphant one-off collection for H&M, is Karl Lagerfeld an impossible act to follow, or just a tough one?

From This Issue

Fashion Features

On Your Mark … Waving the Flag … Warm Fuzzies …

ON YOUR MARK: Who says the Germans don’t have money to spend? The Federal Bank of Germany estimates about 15 billion German marks, or almost $10 billion at current exchange, are still out there somewhere. A study commissioned by the…

clock November 22, 2004WWD Staff

Karl Lagerfeld and a model wearing his collection for H&M.

Fashion Features

In Lagerfeld’s Footsteps: Designers Eager to Repeat H&M Hit

Karl Lagerfeld’s triumphant one-off collection for H&M might be a tough act to follow, but designers are waiting in the wings for the chance to try.

clock November 22, 2004Miles Socha

Financial

Bond Deal Expected At BCBG Max Azria

BCBG Max Azria could close on a new financial restructuring deal this week, which is expected to involve an investment-grade bond offering, sources close to the deal said.

clock November 22, 2004Vicki M. Young

Retail

Men’s Wearhouse Plans Bridal Units

LOS ANGELES — Men’s Wearhouse, buoyed by its success in the tuxedo business, plans to walk down the aisle with two women’s bridalwear test stores before the end of the year.

George Zimmer, founder and chief executive officer,…

clock November 22, 2004Adam Tschorn

Textiles

Senate Passes Key Bill

WASHINGTON — Rushing to complete its work for the year, the Senate on Friday passed a broad $400 million tariff-dropping bill covering hundreds of products, including combed cashmere and camel hair yarns, certain filament yarns and power weaving…

clock November 22, 2004Joanna Ramey

Fashion Features

In Brief: CFO Shuffle

CFO SHUFFLE: Tracey Travis is joining Polo Ralph Lauren Corp. as senior vice president and chief financial officer, effective Jan. 3. Travis joins Polo from Limited Brands, where she was senior vice president of finance and chief financial…

clock November 22, 2004WWD Staff

Retail

Hicks Muse Buys Jimmy Choo

Luxury footwear and accessories firm Jimmy Choo has sold a majority stake to private equity investment firm Hicks Muse for 101 million pounds.

clock November 22, 2004Samantha Conti

Skinny Minnie T-shirt, $66, and Tahari silk organza skirt, $258, and Vera Wang silk chiffon gown, $325.

Retail

Phantom Unmasked At Bloomingdale’s

NEW YORK — Midtown traffic screeched to a halt on Thursday when Bloomingdale’s unveiled its holiday windows to a crowd that flooded Lexington Avenue in front of the department store’s flagship.

The extravagant window display…

clock November 22, 2004WWD Staff

The first Chloé boutique in Moscow.

Retail

Chloé Opens Russian Shop

Chloé opened its first boutique in Russia on Friday at the two-year-old upscale Crocus City Mall, located in the Moscow suburbs.

clock November 22, 2004Olga Zaretskaya

WWD Image

Fashion Features

Works of Art

Works of art at the Museum of Natural History…Fendi fetes Usher and his rumored paramour…and a Snow Bird.

clock November 22, 2004WWD Staff

Michael Roberts and Iman

Fashion Features

Snow Bird

Far from slumming it, when Michael Roberts first moved to New York from Europe to work at Vanity Fair, he lived at Anna Wintour’s house. But it was wintertime and the weather was depressing. “It was a nightmare river of slush on the side…

clock November 22, 2004Marshall Heyman

Gucci

Fashion Features

The Skinny on Exotics

Spring’s strong response to lush and plush styles proves consumers aren’t letting a difficult economy get in the way of fashion.

clock November 22, 2004Alessandra Ilari

A look from People in Motion.

Fashion Features

Bags for All Mankind

MILAN — The concept of a unisex collection of bags would make most women cringe and most men snicker. However, in only its second season, the line People in Motion already has caught the attention of retailers around the world with its practical…

clock November 22, 2004Luisa Zargani

Fashion Features

La Senza’s Canadian Secret

Canadian lingerie retailer La Senza plans to air a prime-time runway fashion show on CityTV at 10 p.m. on Nov. 29.

clock November 22, 2004Brian Dunn

Honoree Suzanne Karkus and Hal Upbin, chief executive officer of Kellwood Co.

Fashion Features

Intimate Notes: Karkus Gets Hugged

KARKUS GETS HUGGED: Suzanne Karkus, president of Izod Womenswear, was honored with the prestigious annual HUG Award for her community service to the fashion apparel industry. More than 350 industry executives turned out at the gala cocktail and…

clock November 22, 2004WWD Staff

A trend display at the Invista workshop.

Fashion Features

No Frills at Invista

NEW YORK — Budget cuts have changed the dynamics of Invista’s twice-yearly intimate apparel workshop.

Gone is the video footage of lingerie trends captured on ready-to-wear runways in Europe and the U.S. and at two trade show…

clock November 22, 2004Karyn Monget

Kmart bought Sears last week for $11 billion.

Fashion Features

WWD Stock Index Sags 2.2%

NEW YORK — Although news of the $11 billion merger between Kmart Holding Corp. and Sears, Roebuck & Co. created a market rally, it was not enough to rebuild losses the sector made early last week.

As a result, the WWD…

clock November 22, 2004Molly Prior and Arthur Zaczkiewicz

Textiles

China May Go Slow on Exports

BEIJING — A top Chinese official, faced with U.S. textiles industry safeguard petitions and concerns of exporters in poor countries that their trade will be decimated when quotas are lifted Jan. 1, has signaled that his government favors…

clock November 22, 2004John Zarocostas

Bill Thomas

Financial

Dominican Dispute Clouds CAFTA Future

The chances of Congress approving CAFTA that includes the Dominican Republic is clouded by complaints over a beverage tax in that nation.

clock November 22, 2004Joanna Ramey

Global cotton trade is in the spotlight.

Financial

WTO to Examine Ways to Aid Cotton Trade for Poor Countries

WTO members will set up a panel to examine cotton trade-distorting policies and find ways to help poor nations improve their trade in it.

clock November 22, 2004John Zarocostas

Fashion Features

Fashion Scoops: Morocco A Go-Go … On the Prowl … No Saks Up North …

MOROCCO A GO-GO: Christian Dior’s next boutique represents a homecoming of sorts for president and chief executive officer Sidney Toledano. On Dec. 10, the Casablanca-born executive is slated to unveil the first Dior boutique on the…

clock November 22, 2004WWD Staff

Beauty Features

Beauty Beat: New Sephora Unit Focuses On Skin Care and Makeup … Quest International Reorganizes Execs … Dana Plant Closing Won’t Hinder Holiday

New Sephora Unit Focuses On Skin Care and Makeup

Paris — Sephora is rolling out a red carpet for skin care and makeup.

The LVMH Moët Hennessy Louis Vuitton-owned perfumery chain unveiled its latest retail concept here…

clock November 22, 2004WWD Staff

Fashion Features

Dillard’s Ads to Focus on ‘Real’ Reba

NEW YORK — The personality of country music singer and actress Reba McEntire will be front and center in a marketing campaign slated to bow in March, when the first collection of Reba apparel is due to roll out in 147 of Dillard’s 329…

clock November 22, 2004Valerie Seckler

A look from the Andrew Gn runway.

Fashion Features

Andrew Gn’s Busy U.S. Trek

BEVERLY HILLS — Paris-based designer Andrew Gn made his first visit here, and vowed it wouldn’t be his last.

Gn took part in a whirlwind of events on the weekend of Nov. 13-14. Most benefited the Joan English Fund for Women’s…

clock November 22, 2004Rose Apodaca Jones

Essentialist

Today's Must Read

Raf Simons

Fashion

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

clock 9hLisa Lockwood

Social Studies