Worldwide Ambitions: Armani Exchange to Double Store Base

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Overview

Giorgio Armani SpA announced that it is forming a joint venture with billionaires Christina Ong and her husband, Ong Beng Seng to grow the Armani Exchange business, doubling the number retail stores and introducing the brand to new markets.

From This Issue

A recent ad from A|X Armani Exchange.

Financial

Worldwide Ambitions: Armani Exchange to Double Store Base

Giorgio Armani is forming a joint venture with billionaires Christina Ong and Ong Beng Seng to grow the A|X Armani Exchange business worldwide.

clock November 4, 2005Amanda Kaiser

Financial

Ferragamo Sells Ungaro

Another French fashion house has come under American ownership.

clock November 4, 2005Miles Socha and Alessandra Ilari

Financial

Rossi Family Parting Ways With Company

Six years after he sold 70 percent of his company to Gucci Group, Sergio Rossi is saying so long to the firm he founded in the Fifties.

clock November 4, 2005Alessandra Ilari

Fashion Features

U.S.-China Deal Said ‘Very Close’

The U.S. and China are “very close” to reaching an agreement on regulating surging imports of apparel and textiles, a top U.S. trade official said Thursday.

clock November 4, 2005Ross Tucker and Kristi Ellis

Fashion Features

Quote of the Week

“We are in a phase where we will put the accent on development, on building the turnover.”

clock November 4, 2005WWD Staff

Fashion Features

In Brief: Liz Buys Prana … Safeguarding Socks

A brief look at some of the day’s stories.

clock November 4, 2005WWD Staff

Michele Scannavini

Fashion Features

Coty Unveils Integration Strategy

Coty Inc. unfurled a sweeping plan to integrate the Unilever Cosmetics International business into Coty’s Lancaster Group Worldwide.

clock November 4, 2005Pete Born and Jennifer Weil

A scene from Paltrow's TV ad.

Fashion Features

Paltrow’s Lauder Commercial Set to Air

Estee Lauder is set to unveil its first TV advertising featuring actress Gwyneth Paltrow later this month.

clock November 4, 2005Julie Naughton

Fashion Features

Top Notes: Unilever Numbers … LVMH Appointments … Lauder Enters Vietnam …

Unilever announced Thursday third-quarter net profits rose 26 percent to 1.47 billion euros, or $1.77 billion at average exchange.

clock November 4, 2005WWD Staff

Fashion Features

Arden Earnings Narrow

Citing a higher number of returns as well as weaker sales in key markets, Elizabeth Arden Inc. reported a decline in earnings on more robust total sales for the first quarter.

clock November 4, 2005Liza Casabona

Vincent Boinay, L'Oréal luxury products division

Fashion Features

Travel Retail’s Credo: Give the World a Brand

Poised on a new era of growth, the travel-retail industry is trying to redefine itself, said attendees at the Tax Free World Association show.

clock November 4, 2005Pete Born and Jennifer Weil

Silver Expressions targets women with gray, white or silver hair.

Fashion Features

Pantene Targets Breakage, Frizz

Procter & Gamble is adding three collections to its Pantene Pro-V hair care brand, as well as several line extensions to existing collections.

clock November 4, 2005Andrea Nagel

Jack Stahl

Financial

Revlon Narrows Third-Qtr. Loss

Revlon unveiled two initiatives meant to reinvent how women shop for cosmetics: an overhaul of Almay, and Vital Radiance, for women over 50.

clock November 4, 2005Molly Prior

Almay Ideal Lip groups products by shade.

Fashion Features

Revlon’s Growth Spurt Includes New Brand

Revlon unveiled two initiatives meant to reinvent how women shop for cosmetics: an overhaul of Almay, and Vital Radiance, for women over 50.

clock November 4, 2005Molly Prior and Faye Brookman

WWD Image

Media

Memo Pad: Sizing Up The Source … Vino, Veritas … Trauma Ward …

Is Shawn “Jay-Z” Carter looking to follow former partner Damon Dash into the magazine business?

clock November 4, 2005WWD Staff

Financial

Adidas Ups Annual Guidance

Adidas raised its earnings and sales forecast for 2005, citing a surge in the U.S. and strong orders in the run-up to next year’s soccer World Cup.

clock November 4, 2005Emilie Marsh

Financial

Strong Brand Performance Propels Warnaco Earnings

Third-quarter net profits at Warnaco Group Inc. more than quadrupled and easily surpassed analysts’ estimates.

clock November 4, 2005Meredith Derby

Financial

October Comps Surprise

Retailers across all channels got the sales bump they needed in October, making the month one of the best for same-store sales this year.

clock November 4, 2005Meredith Derby

Financial

Sara Lee Profits Fall on Charges

Sara Lee Corp.’s earnings plummeted in the first quarter of fiscal 2006, mostly due to a 22-cent-per-share charge for the impairment of goodwill, intangibles and property in the European Branded Apparel and U.S. Retail Coffee businesses.

clock November 4, 2005Amy S. Choi

Victoria Traina in Nina Ricci.

People

Candle In The Wind

It was a fashion royal turnout at “Enduring Vision,” a benefit for the Elton John AIDS Foundation at Cipriani Wall Street on Wednesday night.

clock November 4, 2005WWD Staff

People

Eye Scoops: The Prince in Pictures … Winter Warm-Up

Prince Hubertus von Hohenlohe calls himself his “own paparazzo.”

clock November 4, 2005WWD Staff

Ballet Russe dancer Alicia Markova with Henri Matisse as Matisse designs his costumes for the Ballet Russe de Monte Carlo.

People

Center Stage

For all its grace and beauty, ballet attracts its share of drama queens, which is what provoked filmmakers Dayna Goldfine and Dan Geller to create their documentary on the inimitable Ballets Russes.

clock November 4, 2005Elizabeth Khuri

Essentialist

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