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Retail

Retailers Keep Holiday Plans Conservative and Inventories Tight

Inventories are being kept tight in hope of increasing full-price selling and reducing markdowns.

clock 8hDavid Moin

Fashion

Rihanna Said Eyeing Paris for Fenty Puma Show

The music star had launched the collection last February during New York Fashion Week.

clock 3hMiles Socha

Retail

Aéropostale Bankruptcy Jeopardizes 10k Jobs

Teen retailer Aéropostale is awaiting a decision from a bankruptcy judge that is likely to impact whether it can find a buyer.

clock 11hVicki M. Young

In Focus

Roger Federer on His Nike Collaboration and Coming Back Strong in 2017

Roger Federer at the NikeLab store in NYC

Luxury’s Growth Mode: Gucci Drives 45.9% Jump In PPR Profits for Year

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Overview

France's PPR on Thursday said buoyant luxury sales and asset disposals drove full-year net income up 45.9 percent, but business has cooled recently at its retail operations in France.

From This Issue

Financial

Kay Krill Named CEO at Ann Taylor

Kay Krill, president of Ann Taylor Stores Corp. who led the team that developed Loft, has been named chief executive officer of the corporation.

clock March 18, 2005Sharon Edelson and Meredith Derby

Menicheschi, Lawrence Promoted at Fairchild

NEW YORK — Fairchild Publications on Thursday named Edward J. Menicheschi, president of WWDMedia Worldwide, as an executive vice president with oversight of the Vitals Network, and appointed Nina Lawrence as vice president and publisher of W and…

clock March 18, 2005WWD Staff

Fashion Features

In Brief: Nicole’s New Jeans … Wet Exit … Bergdorf’s New Hire

NICOLE’S NEW JEANS: Nicole Miller has licensed the rights to produce women’ denim under its brand to Pacific Alliance, a company headed by chairman and chief executive officer Haim Dabah. The design house has also licensed…

clock March 18, 2005WWD Staff

Fashion Features

Quote Of The Week

“We’re preparing to place as much pressure on the government as possible to self-initiate. Obviously, if they don’t, we’ll take matters into our own hands.’’

Auggie Tantillo, executive…

clock March 18, 2005WWD Staff

Financial

Industry Abuzz With Options For Sale of Neiman Marcus

NEW YORK — Even though it could be cheaper and easier for an individual investor or private equity group to scoop up the Smith family’s majority stake in Neiman Marcus Group, which put itself up for sale on Wednesday, that’s not…

clock March 18, 2005Meredith Derby and Lisa Lockwood

Financial

Bush Selects New U.S. Trade Envoy

WASHINGTON — President Bush nominated Rep. Rob Portman on Thursday to be the next U.S. Trade Representative, saying Portman was “a tireless advocate for America’s manufacturers and entrepreneurs” and a man who has shown…

clock March 18, 2005Kristi Ellis

Financial

Calvin Helps PVH Profits Soar

NEW YORK — Phillips-Van Heusen Corp. rode substantial increases in its wholesale and Calvin Klein licensing operations to fourth-quarter net income that far exceeded consensus estimates.

In the three months ending Jan. 30, net income hit…

clock March 18, 2005Arnold J. Karr

Fashion Features

Dior to Fete 100th Anniversary

PARIS — Christian Dior hopes to make Granville, a picturesque town on the Normandy coast, a fashion destination this summer.

To celebrate the 100th anniversary of the birth of its founding designer, the French house is organizing a slew of…

clock March 18, 2005WWD Staff

Fashion Features

Suzy

Newman’s own … The “Housewives” aren’t so desperate after all … and it’s Salma’s turn.

clock March 18, 2005WWD Staff

Fashion Features

Go to Town – Petro Zillia, Hugo Boss, Saja, Pegah Anvarian, Hurley, Eduardo Lucero, Kevan Hall

Los Angeles Fashion Week got off to a running start as designers showed quirky, colorful and sophisticated looks.

clock March 18, 2005WWD Staff

Fashion Features

The Right to Party

It wouldn’t be Fashion Week in Los Angeles without plenty of extracurricular activities.

On Tuesday night, for example, parties for Hugo Boss and the Mercedes-Benz Fashion Week at Smashbox Studios went head to head. The German house…

clock March 18, 2005WWD Staff

Beauty Features

P&G Launches Its First Valentino Scent

Valentino unveiled his newest scent, “V,” at a villa in Rome, under the auspices of Procter & Gamble, which acquired the fragrance license.

clock March 18, 2005Stephanie Epiro

Fashion Features

The Donald Does the Runway

NEW YORK — While admitting that he’s far more familiar with the front row of fashion shows than standing on the catwalk, Donald Trump took a stab at the latter Wednesday night at Macy’s Herald Square.

The dapper developer,…

clock March 18, 2005Julie Naughton

Beauty Features

L’Artisan to Open N.Y. Shop

NEW YORK — L’Artisan Parfumeur will open its first freestanding U.S. store here Monday as part of an aggressive international retail growth strategy that will also include store openings in the U.K., Canada and Mexico.

The…

clock March 18, 2005Matthew W. Evans

Beauty Features

Prescriptives Adds New Colors

NEW YORK — In June, Prescriptives is extending its presence in the mascara category with the launch of Beyond Long Maximum Length Mascara.

Beyond Long is the company’s first mascara launch since 2001, when it introduced False…

clock March 18, 2005Bryn Kenny

Beauty Features

Origins: Doing the Twist

NEW YORK — In May, Origins will serve up a new version of its popular Ginger product line with the Ginger With a Twist collection.

Ginger With a Twist was created as a lighter, more summery alternative to the rich, warm scent of the…

clock March 18, 2005Bryn Kenny

Beauty Features

Rite Aid Finds Inspiration in Swiss Alps

NEW YORK — While there’s no shortage of U.S. skin care companies vying for space in drugstore beauty departments, Rite Aid thought it best to pluck its next exclusive collection from Switzerland. Rite Aid’s Swiss find follows along a…

clock March 18, 2005Molly Prior

Beauty Features

Target, E.l.f. Hitting It Off

NEW YORK — Target is one of the latest retailers to differentiate its cosmetics assortment with a dollar cosmetics line — in this case the year-old e.l.f. brand.

The Minneapolis-based retailer has taken on a limited selection of…

clock March 18, 2005Matthew W. Evans

Retail Features

Sundari Line Ignites New Business

NEW YORK — Ayurvedic skin care brand Sundari has a new flame: a line of candles.

Candles are an entirely new category for the brand, which has built its name on skin care and body care. Most recently, the company also started putting its…

clock March 18, 2005Bryn Kenny

Beauty Features

Critical Mass: Survey: Stores Need to Add Service

NEW YORK — Mass market retailers are at a crossroads when it comes to service in the beauty department.

Some, such as Walgreens, never veered away from consultants in cosmetics. Others, including CVS, Brooks and Duane Reade, are putting…

clock March 18, 2005Faye Brookman

Beauty Features

Snippets: Barney’s Brows … Wella’s U.S. Launch … Mally Rally …

BARNEYS BROWS: After 10 years as Garren’s brow Guru, Robert Sweet William Halke has joined Barneys New York as its official brow go-to guy. Halke can be found on the specialty store’s lower level at the Brow Studio at…

clock March 18, 2005WWD Staff

Beauty Features

Double-Digit Gains for Inter Parfums SA in ’04

PARIS — Inter Parfums SA posted a 2004 net profit of $20.3 million at average exchange, up 20 percent year-on-year.

The company is the Paris-based subsidiary of Inter Parfums Inc.

Inter Parfums, whose portfolio includes the…

clock March 18, 2005Jennifer Weil

Beauty Features

A New Key for Nature’s Gate

NEW YORK — Leo Weinstein didn’t live to see the sale of the natural products company he founded 30 years ago with his brother, Vladimir. The co-founder of Levlad Inc., maker of the Nature’s Gate personal care brand, died in the midst…

clock March 18, 2005Andrea Nagel

Beauty Features

Missha Bound for Manhattan

NEW YORK — Missha Cosmetics, a South Korean beauty company, plans to introduce itself to the Big Apple in true New York fashion this spring by opening a store along Fifth Avenue.

The three-year-old retail concept has grown to include a…

clock March 18, 2005Molly Prior

Financial

Luxury’s Growth Mode: Gucci Drives 45.9% Jump In PPR Profits for Year

Buoyant luxury sales and asset disposals drove PPR’s full-year net income ahead 45.9 percent.

clock March 18, 2005Robert Murphy

Fashion Features

Fashion Scoops: Scaling New Heights … First He’ll Take Manhattan … Indian Intentions …

SCALING NEW HEIGHTS: Look who just bought a piece of the Eiffel Tower: Bernard Arnault. No, it isn’t a joke of the Brooklyn Bridge variety. The luxury titan has taken a 7 percent stake in the company that will…

clock March 18, 2005WWD Staff

Financial

Strong Sales Boost Nike Profits

NEW YORK — Nike Inc., the world’s dominant athletic company, reported a 36.5 percent rise in third-quarter earnings, with results coming in ahead of the Wall Street consensus.

The Beaverton, Ore.-based maker of sneakers and athletic…

clock March 18, 2005Scott Malone

Financial

New York & Co. Net Surges 20.7% in Qtr.

NEW YORK — New York & Co. Inc. posted a 20.7 percent rise in fourth-quarter net earnings on a slight increase in sales. Profit results were ahead of analysts’ consensus estimates.

For the three months ended Jan. 29, the…

clock March 18, 2005Meredith Derby

Fashion Features

Obituary: Buyer Franca Bini, Italian Fashionista

MILAN — Franca Bini, a buyer who helped introduce Italian fashion to the U.S., died in Florence on Saturday at 75.

The cause of death was heart-related problems. A funeral service was held on Monday in Florence, her hometown.

Bini…

clock March 18, 2005Luisa Zargani

Fashion Features

Testino, Ritts Receive Walk of Style Award

LOS ANGELES — For some photographers, the lure of the camera is the buffer it can provide between themselves and the world.

So it is for Mario Testino, who confesses he still finds it strange when he’s the focus of the flashbulbs…

clock March 18, 2005Rose Apodaca

Watching Ellie

NEW YORK — Vanity Fair is the comeback kid among the finalists for the 2005 American Magazine Awards, which were announced Thursday by the American Society of Magazine Editors.

While the magazine didn’t receive a single nomination…

clock March 18, 2005Sara James

Memo Pad: Join The Crowd … Sand And Fury

JOIN THE CROWD: Open wide, America — you’re about to get another celebrity style magazine crammed down your throat. American Media’s board of directors has given its blessing to a five-issue test run of a new title,…

clock March 18, 2005Jeff Bercovici

Financial

Wal-Mart Probed Over Union Vote

BOSTON — The National Labor Relations Board is investigating allegations that Wal-Mart improperly influenced a union vote last month at a Loveland, Colo., supercenter.

Workers at the Tire & Lube Express on Feb. 25 voted 17 to 1…

clock March 18, 2005Katherine Bowers

Financial

Government Criticized on Wal-Mart Settlement

WASHINGTON — The Bush administration came under fire from a Connecticut congresswoman Thursday, who accused Labor Secretary Elaine Chao of giving Wal-Mart Stores Inc. “a sweetheart deal” in the settlement of child labor…

clock March 18, 2005Joanna Ramey

Fashion Features

Get to Know the Inner Person: Look Inside the Bag

NEW YORK — Fashion historians have long maintained that nothing is ever done just for the sake of style. They say hemlines represent the state of the economy, and colors — or lack thereof — reflect society’s overall…

clock March 18, 2005Emily Holt

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