Nothing But the Best: Pushing Price Limits For Quality, Distinction

No cover image


If you think a month's rent for a handbag is expensive, try an entire year. In a buoyant luxury market, ultraexpensive items have become a surprise hit, selling briskly to a superrich clientele in search of the exceptional.

From This Issue

This limited-edition Chanel watch retails for $57,500.

Fashion Features

Nothing But the Best: Pushing Price Limits For Quality, Distinction

In a buoyant luxury market, ultraexpensive items have become a surprise hit, selling briskly to a superrich clientele in search of the exceptional.

clock November 22, 2005Miles Socha

Heidi Manheimer

Fashion Features

Shiseido Taps CEO for U.S. Division

Tokyo-based Shiseido Co. Ltd. will promote Heidi Manheimer to ceo of Shiseido Cosmetics (America) Ltd., its U.S. subsidiary, on Jan. 1.

clock November 22, 2005Matthew W. Evans

Kim Winser


Pringle Chief Winser to Exit

Kim Winser, the driving force behind the turnaround at Pringle of Scotland, plans to step down as ceo to pursue an unspecified business opportunity.

clock November 22, 2005Samantha Conti

Fashion Features

In Brief: Nike Jet Scare … Duane Reade CEO Departs

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

clock November 22, 2005WWD Staff

Phoebe Philo


Philo in Talks to Leave Chloe?

Speculation is mounting in Paris that Phoebe Philo may exit as creative director of Chloe.

clock November 22, 2005Robert Murphy and Miles Socha

Partial proceeds from a 15-piece Gucci collection will go to UNICEF.

Fashion Features

Gucci, UNICEF Raise Funds for AIDS Orphans

Gucci is celebrating the holiday season as a benevolent Father Christmas.

clock November 22, 2005Alessandra Ilari

Fashion Features

Fashion Scoops: London Calling … Poetry In Motion

Kathleen Turner isn’t about to let her recent foot surgery keep her away from the London run of “Who’s Afraid of Virginia Woolf?”

clock November 22, 2005WWD Staff

Lauren duPont in Vera Wang.


Gold Rush

Like sirens calling to sailors, party invites kept floating in last week.

clock November 22, 2005WWD Staff

Maria Lassnig in front of her painting "The Rich Shepherdess."


Portrait Of An Artist

If she weren’t considered one of the most significant contemporary artists, Maria Lassnig could probably pass as your grandmother.

clock November 22, 2005Emily Holt

Monica Bellucci in Dior by John Galliano Haute Couture.


Chic of The Week

Bellucci shone in a Dior by John Galliano Haute Couture silk hand-painted midnight blue ballgown with velvet and tulle trim, accessorized with a diamond Cartier necklace.

clock November 22, 2005WWD Staff

Mark Weber


PVH Profits Surge 50.7%, Guidance Raised for 2005

Phillips-Van Heusen Corp. on Monday raised its 2005 earnings per share guidance after posting third-quarter results that beat Wall Street’s consensus estimate.

clock November 22, 2005Vicki M. Young

Anne McNally, Ahn Duong and Amanda Brooks.

Fashion Features

They Are Wearing: Power Lunching With Style

Movers and shakers at the Citymeals-on-Wheels 19th annual Power Lunch for Women on Friday used the occasion to pledge allegiance to their favorite designers.

clock November 22, 2005Rosemary Feitelberg


Miller Revs Up Wang’s Licensing

Laura Lee Miller has been promoted to the new post of president of Vera Wang Licensing from executive vice president as part of the Vera Wang Group’s plans to bolster its estimated $200 million licensing business at retail.

clock November 22, 2005Rosemary Feitelberg

Dennis Basso flagged his new store on the Drake Hotel.


Basso’s Winter Wonderland

Dennis Basso couldn’t have asked for better weather for last week’s opening of his Chicago store.

clock November 22, 2005Rosemary Feitelberg

Fashion Features

Importers Face Post-Quota Challenges

The end of the global apparel and textile quota system last year solved problems for some, but importers face new challenges.

clock November 22, 2005Ross Tucker

Peter McGrath

Fashion Features

Peter McGrath: Navigating the Politics of Trade

Peter McGrath, chairman of purchasing for J.C. Penney Purchasing Corp., is one of a select few in the fashion world who has had a role in trying to influence U.S. trade policy for almost a decade.

clock November 22, 2005Kristi Ellis

Bob Zane

Fashion Features

Zane: Import Duties Number-One Priority

Bob Zane, the new chairman of the U.S. Association of Importers of Textiles & Apparel, has a needs-of-the-many approach to trade policy.

clock November 22, 2005Evan Clark

Rob Langstaff

Fashion Features

Adidas Names U.S. Leader

Adidas-Salomon AG has tapped Rob Langstaff, who was president of its Japan subsidiary, to be the new president of Adidas America.

clock November 22, 2005Melanie Kletter


True Religion’s 3Q Sales Triple

True Religion Apparel earnings and sales, propelled by international business and rising market share in U.S. department stores and boutiques, soared in the third quarter.

clock November 22, 2005Ross Tucker


PEI Posts Strong Quarter, Acquires Brands

As Perry Ellis International Inc. delivered robust top- and bottom-line growth in the third quarter, the company said it acquired the intellectual property rights to the men’s and women’s surf brands Gotcha and GirlStar from Gotcha International.

clock November 22, 2005Arthur Zaczkiewicz

H&M's West Coast flagship.


H&M Opens First West Coast Store

Swedish retailer H&M opened its first West Coast store here on Saturday in a prime downtown location, with the launch getting an extra lift from shoppers clamoring for Stella McCartney’s fashions.

clock November 22, 2005Joanna Ramey

WWD Image


Shiatzy Chen Arrives on Bund

The historic Bund waterfront has continued its drive to become Asia’s premier luxury fashion and lifestyle destination with the opening of Bund 9 containing the flagship of luxury Taiwanese label Shiatzy Chen.

clock November 22, 2005Lisa Movius


Memo Pad: Mr. F. And The Women … A Little Too Desperate

Tom Ford has made no secret of his Hollywood ambitions, but he has managed to keep the particulars quiet – until now.

clock November 22, 2005WWD Staff

Clothes on display at Wal-Mart's Salem, N.H., supercenter.


Wal-Mart, Target: Distinct Approaches to Holiday

Wal-Mart Stores is making merry about its holiday prospects, while rival Target Corp. has put out the caution sign.

clock November 22, 2005Katherine Bowers


Today's Must Read

Neiman Marcus


Neiman Marcus Reports Loss But Revenues Rise

clock 6hDavid Moin

Social Studies