The business is cutting about 80 positions in the first quarter.
William Lauder wrapped up his first year as ceo of The Estee Lauder Cos. on a high note, as annual net income rose 26.7 percent to $433.6 million.
William McMenemy, who had risen to president and chief executive officer of Del Laboratories Inc. following its acquisition by DLI Holding last year, has abruptly resigned.
Zac Posen seems to have caught the collaboration bug.
Arnold Schwarzenegger isn’t the only aging muscleman with whom American Media Inc. might be severing its relationship.
While its thong sandal with a built-in bottle opener put surf brand Reef on the map, its signature marketing has long featured the backside of the thong bikini-clad model.
From the Oscars to the Grammys, this town loves doling out trophies, and now, the homegrown fashion industry is claiming its own awards show.