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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 22hDavid 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 17hEvan 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

As Estee Lauder Net Rises 6%, Firm Cuts Outlook for Year

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Overview

Estee Lauder delivered higher quarterly sales and earnings, but results were below forecasts.

From This Issue

WWD Image

Media

The True Cost of a Lower Cover Price

NEW YORK — Charge less for something and you will sell more units.

That’s hardly a revolutionary concept in business, but for some reason it has fired the imaginations of publishers in a big way in recent months. Time Inc. and…

clock April 29, 2005Jeff Bercovici

Media

Circulation Snapshot: Newsstand … Subscription

NEWSSTAND: After falling for years, unit sales of magazines at retail actually rose in 2004, by three-quarters of a percent, according to an analysis by John Harrington, publisher of the New Single Copy Newsletter. And if you’ve…

clock April 29, 2005WWD Staff

Diane Silberstein

Media

Advertising: Getting the Lay of the Land

What publishers are saying about the trends and categories that matter.

clock April 29, 2005Jeff Bercovici

WWD Image

Media

The Good, the Bad and the Downright Ugly

Round numbers are so overrated — just look at any magazine cover line lately. Sticking to that trend, WWD decided to poll 103 people in the media industry to ask them about 11 different events from the last 16 months. Here, an imprecise, totally…

clock April 29, 2005Jeff Bercovici and Sara James

Naomi Nista

Media

The Terry McDonell Mentoring Program

NEW YORK — In the publishing world, there are certain editors who are known for their ability to attract and retain talent. And then there’s Terry McDonell, who redefines the concept of mentoring. At least five current editors in chief…

clock April 29, 2005Sara James

Liya Kedebe on the May cover of Vogue.

Media

Anatomy of a Magazine Cover

What does it take to produce a magazine cover? Well, start with $100,000. Considering the many expenditures involved, that’s almost a minimum budget for creating a memorable image. From the basics of a studio photo shoot to the extravagant…

clock April 29, 2005Sara James

William Lauder

Beauty Features

As Estee Lauder Net Rises 6%, Firm Cuts Outlook for Year

Estee Lauder delivered higher quarterly sales and earnings, but results were below forecasts.

clock April 29, 2005Amy S. Choi

Financial

Body Shop Net Up 19%, Expansion Set

NEW YORK — As operating profits soared 19 percent on a 5 percent sales gain for its year-end period, The Body Shop International PLC said its store base will expand by 120 this year while the firm also upgrades existing stores.

For the…

clock April 29, 2005Amy S. Choi

Fashion Features

Sean John Taps Robert Wichser As Pres., CEO

Robert Wichser was named president and chief executive officer of Sean John, reporting directly to Sean “P. Diddy” Combs, founder and chairman.

clock April 29, 2005Lauren DeCarlo

Textiles

Obituary: Barry Gersten, Textiles Executive

NEW YORK — Barry Gersten, a textiles executive, died of a stroke Tuesday at Manhattan’s Mount Sinai Medical Center, said his wife, Carole. He was 60.

Since 1984, Gersten had been a partner in Sykel Enterprises, a New York…

clock April 29, 2005WWD Staff

Gucci's Flora bags.

Financial

Robust Sales at Gucci Drive PPR

Lusty demand for Gucci shoes and bags gave a boost to first-quarter revenues at PPR.

clock April 29, 2005Robert Murphy

Financial

Neiman’s Winner Might Be in Wings

NEW YORK — Bids for The Neiman Marcus Group are due today, and an announcement of the winning bid could come as soon as Monday.

As reported, bids are expected from two partnerships. Kohlberg Kravis Roberts & Co. and Bain Capital…

clock April 29, 2005Vicki M. Young

Fashion Features

In Brief: Splits From Two … Emporio’s Southern Exposure

SPLITS FROM TWO: Bebe Stores Inc. and Delta Apparel Inc. each announced stock splits Thursday. Bebe’s board approved a three-for-two split, whereby each share of common stock will be converted into 1.5 shares at the close of…

clock April 29, 2005WWD Staff

Fashion Features

Quote of The Week

“Customers care about a satisfying shopping experience as much as they do about product.’’
— Paul Pressler, president and chief executive officer, Gap Inc.

clock April 29, 2005WWD Staff

A camellia video installation.

Fashion Features

A Tete-a-Tete With Karl and Coco

The Met’s Chanel exhibition offers a look at the ongoing creative dialogue between Gabrielle “Coco” Chanel and Karl Lagerfeld.

clock April 29, 2005Marc Karimzadeh and Miles Socha

Reese Witherspoon

People

Suzy

Designing for the dogs … A piercing slight from Brosnan … Cannes don’t

clock April 29, 2005Aileen Mehle

Daria Werbowy

Beauty Features

Lancome Signs Face for New Scent

NEW YORK — Lancome has signed Daria Werbowy as its newest model in preparation for the company’s new women’s fragrance launch later this year.

Werbowy, a Ukrainian-born Canadian, has been signed to a multiyear, global deal to…

clock April 29, 2005Julie Naughton

Matthew Williamson's fragrance ad.

Beauty Features

Matthew Williamson Set to Launch First Signature Fragrance

Next month, British designer Matthew Williamson will launch his first signature

clock April 29, 2005Ellen Burney

The Obsession Night for Men ad.

Beauty Features

Calvin Klein’s New Obsession: Night

NEW YORK — Updating classic fragrances is becoming a full-blown Obsession for Calvin Klein Cosmetics.

The classic Obsession masterbrand, first launched in 1985, has a new sibling — Obsession Night, a flanker duo.

“We…

clock April 29, 2005Julie Naughton

Products from the Wonderbod line.

Beauty Features

Benefit Gets Body Conscious

NEW YORK — Having increased its sales by 25 percent in the U.S. alone last year, Benefit Cosmetics is watching its figure with the launch of its Wonderbod collection in June.

Featuring several “cheeky” new products, Jiggle…

clock April 29, 2005Bryn Kenny

Dr. Patricia Wexler

Beauty Features

Wexler to Launch Skin Care in BBW

Pat Wexler, Manhattan’s well-known dermatologist, is joining forces with Bath & Body Works on a new line of skin care products.

clock April 29, 2005Andrea Nagel

Christie Brinkley will be the face of Advanced Radiance.

Beauty Features

CoverGirl Grows Up With First Antiage Foundation

NEW YORK — CoverGirl is looking more like a woman as of late.

The brand, which generally targets those a bit too young to be experiencing wrinkles, is the latest to offer an antiage foundation. Arriving in stores beginning in late August…

clock April 29, 2005Andrea Nagel

Beauty Features

Beauty Sales Up 9% at P&G

NEW YORK — Procter & Gamble Co. posted a 12.6 percent increase in fiscal third-quarter profits, easily beating analysts’ estimates, helped by solid sales in each of its three main product categories.

Cincinnati-based P&G…

clock April 29, 2005Meredith Derby

Ad visual for Revlon Age Defying With Botafirm. Product below.

Beauty Features

Revlon Revival Gets Midterm Report Card

NEW YORK — Three years into Revlon’s turnaround strategy, the company has begun to prove naysayers — particularly those on Wall Street — wrong about the health of the beauty giant.

On a recent Friday afternoon, Revlon…

clock April 29, 2005WWD Staff

Pancho Soekoro

Beauty Features

The Birth of Pashah

NEW YORK — While standing in the heart of his seven-month-old salon, Pashah, hairstylist Pancho Soekoro confessed he is still getting used to the idea that the Madison Avenue spot is, well, his. His modesty may restrain him from boasting, but…

clock April 29, 2005Molly Prior

Inside Becca.

Beauty Features

Becca Opens Makeup Haven

LONDON — The Australian makeup brand Becca has just opened its first stand-alone store, a hideaway for makeup lovers who want to play, get pampered or just take a break with a glass of champagne and a plate of chocolates.

The store, at…

clock April 29, 2005Samantha Conti

Beauty Features

Alberto-Culver 2Q Profit Up 20.9%

NEW YORK — Personal care products manufacturer and distributor Alberto-Culver Co. on Thursday reported a 20.9 percent gain in second-quarter profits, helped by a nearly 8 percent rise in revenues, while profits in the first half of the fiscal…

clock April 29, 2005Meredith Derby

John Kim, general manager of the California Market Center.

Retail

New Owner and New Plans At California Market Center

LOS ANGELES — Jamison Properties Inc., the private company that is expected to complete a $135 million purchase of the California Market Center by today, faces challenges such as filling vacant showrooms, meeting the needs of tenants and…

clock April 29, 2005Nola Sarkisian-Miller

Textiles

CITA Takes on China With Safeguard Review

WASHINGTON — An interagency U.S. government panel on Thursday agreed to consider requests to impose safeguard quotas on seven categories of imported Chinese textiles and apparel.

The decision by the Committee for the Implementation of…

clock April 29, 2005Evan Clark

Retail

Polo Names Head of Factory Stores

NEW YORK — Polo Ralph Lauren Corp. promoted Susie McCabe to president of Polo Ralph Lauren Factory Stores.

She replaces Ken Pilot, who left his post as president of Factory Stores and retail concept development at Polo last February to…

clock April 29, 2005WWD Staff

Nina Lawrence and Elie Tahari

Media

Memo Pad: The Napkin Thief … Woman on The Go … Many a Slip Twixt Cup and Lip

THE NAPKIN THIEF: Conde Nast is apparently trying to save the world, one napkin at a time.

Last week, several cafeteria-goers at 4 Times Square noticed something unusual at the condiment counter. Instead of the high-quality,…

clock April 29, 2005WWD Staff

Liz Claiborne opened 18 Sigrid Olsen units in the last 12 months.

Financial

Claiborne Earnings Up, Shares Fall 7.4%

Despite reporting rising sales and earnings for the first quarter, Wall Street hammered shares of Liz Claiborne Inc. on second-quarter guidance.

clock April 29, 2005Ross Tucker

Fashion Features

USTR Logjam Ending?

WASHINGTON — The fight over the nomination of Rep. Rob Portman (R., Ohio) as the next U.S. Trade Representative appeared to be coming to a head.

Senate Majority Leader Bill Frist (R., Tenn.), trying to circumvent an effort to block…

clock April 29, 2005Kristi Ellis

Commune's work at Hollywood Trading Company ...

Retail

Designing a Commune

LOS ANGELES — When Claudia Poccia, senior vice president and general manager of Stila, looked to boost the beauty brand’s overall image, she ventured outside parent company Estée Lauder. But she had a tall order: a single agency that…

clock April 29, 2005Rose Apodaca

Fashion Features

Guo-Qiang Sees No Pot of Gold

NEW YORK — Apparently, no one ever told the artist Cai Guo-Qiang not to play with fireworks, considering his upcoming project.

Under his orchestration, more than 2,000 smoke shells filled with black dye will sail into the air forming…

clock April 29, 2005Rosemary Feitelberg

Pierre Cardin furniture.

Fashion Features

The Drawing Board: Space Ace … Building Blocks … Museum Quality …

SPACE ACE: “Barbarella” fans are sure to enjoy Pierre Cardin’s furniture. Celebrating some 40 years of his “Jetsons”-worthy designs, the couturier is showcasing about 150 pieces of his furniture in an…

clock April 29, 2005WWD Staff

Essentialist

Today's Must Read

Raf Simons

Fashion

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

clock 23hLisa Lockwood

Social Studies