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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 15hDavid 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 11hEvan 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 19hDavid Moin

Defending the Strategy: Lampert Blasts Critics Of Sears Turnaround

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Overview

In his letter to shareholders on Tuesday, the chairman of Sears Holdings Corp. blasted naysayers of his strategy as the company posted third-quarter results that were lower than a year ago but still managed to beat earnings expectations.

From This Issue

Financial

Defending the Strategy: Lampert Blasts Critics Of Sears Turnaround

Sears chairman Edward Lampert blasted critics in a letter to stockholders, as the firm’s third-quarter profits fell from a year ago, but beat estimates.

clock December 7, 2005Vicki M. Young

Media

Memo Pad: Project Runway … Ex Officio

The second season of “Project Runway” gets under way tonight, but it almost didn’t.

clock December 7, 2005WWD Staff

Financial

Bush Likely to Delay Tax Decision

Retailers concerned about a proposal to eliminate a tax deduction on the cost of imported merchandise and raw materials applauded reports that President Bush will likely postpone a push to revamp the federal tax code until 2007 or 2008.

clock December 7, 2005Kristi Ellis

CFDA's new executive director, Steven Kolb, with president Stan Herman.

Fashion Features

Kolb Says CFDA Is a ‘Dream Job’

Steven Kolb, the newly appointed executive director at the Council of Fashion Designers of America, may consider himself a little bit of a fashion outsider, but he sure is a quick study.

clock December 7, 2005Marc Karimzadeh

Fashion Features

Scott Tepper Exits Henri Bendel

Scott Tepper has left his post as fashion director and divisional merchandise manager at Henri Bendel.

clock December 7, 2005Sharon Edelson

Fashion Features

In Brief: Oscar Names New Global VP … Zarkin Leaves Pink

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

clock December 7, 2005WWD Staff

Looks from the spring 2006 collection.

Fashion Features

Versace Targets U.S. for Growth

With new senior management and a major strategic shift in place, Versace is positioning its U.S. business for substantial growth.

clock December 7, 2005Marc Karimzadeh

An interior look at Swiss Army's New York boutique.

Retail

Swiss Army Taps Siff to Launch Women’s Line

Swiss Army Brands is getting serious about women’s wear, and has hired Johanne Shepley Siff, formerly of Prada USA Corp., as the new president of its Victorinox global apparel and retail divisions.

clock December 7, 2005Marc Karimzadeh

Peter Boneparth

Retail

Boneparth: Product Is King in ’06

Peter Boneparth, chief executive officer of Jones Apparel Group, is ready for a challenging year.

clock December 7, 2005Julee Greenberg

City Unltd. will replace City DKNY for Liz Claiborne Inc.

Retail

Looking to a Better Department

Next year, department stores are sure to have a whole new better sportswear area.

clock December 7, 2005Julee Greenberg

Jack Wiswall, Ava Huang, Alexandra Papazian and Serge Jureidini.

Fashion Features

Beauty Beat: Armani Parfums Seeks Growth Online

As Giorgio Armani Parfums continues to build its men’s fragrance business, the L’Oreal-owned firm is aiming to strengthen its women’s side.

clock December 7, 2005Matthew W. Evans and Jennifer Weil

David Nelms looks on as Liu Tinghuan, chairman of China UnionPay, and Su Ning, deputy governor of the People's Bank of China, make the first China UnionPay-Discover PULSE network purchase at Macy's.

Financial

Discover’s Network for Chinese Tourists

Discover Financial Services has joined with Chinese bank China UnionPay to provide debit card services to as many as 800 million China UnionPay cardholders for visits to the U.S.

clock December 7, 2005Meredith Derby

Financial

Dillard’s Slashes 3rd-Quarter Loss

Dillard’s Inc. significantly reduced its third-quarter loss and easily beat analysts’ consensus estimates even though total revenues were flat.

clock December 7, 2005Meredith Derby

A mink-trimmed day look.

Fashion Features

The Rahm Effect

The designer believes she does some of her greatest work for those ladies who don’t necessarily run in rarified red-carpet and entertainment circles.

clock December 7, 2005WWD Staff

A 2006 design for Tag Heuer's Monaco watch.

Fashion Features

Panel: Core Strength Key for Luxury Brands

Managers of luxury firms might be well-served to brush up on a little science.

clock December 7, 2005Jennifer Hirshlag

Carolina Herrera

Fashion Features

Herrera Gets Exotic in Texas

The well-heeled women of Houston adore their exotic-skin handbags, and designer Carolina Herrera showed them just how wearable they could be at a public appearance at the CH Carolina Herrera store there on Thursday.

clock December 7, 2005Sophia Chabbott

Marc Jacobs in GUM in Red Square.

Fashion Features

Jacobs Visits Russia

Considering Russia has been an inspiration for many designers over the last two seasons, Marc Jacobs spent four days in Moscow and St. Petersburg with one primary goal.

clock December 7, 2005Olga Zaretskaya

Fashion Features

Fashion Scoops: Flashbulbs … Pas De Deux

While Karl Lagerfeld dresses his models in preparation for the Chanel show today in New York, busy bees out in Los Angeles are dressing the walls of the Lindbrook Gallery with the designer’s photographs.

clock December 7, 2005WWD Staff

David Dorame, California deputy labor commissioner.

Fashion Features

Schwarzenegger Takes Aim at Sweatshops

California Gov. Arnold Schwarzenegger, a big-screen action hero before winning elective office, has targeted a new enemy — sweatshops.

clock December 7, 2005Alice Suh

Stack's Screaming Tuna appetizer.

Fashion Features

Scene

A look at where to eat, play and rest during the upcoming domestic trade shows.

clock December 7, 2005WWD Staff

The L.A. International Textile show runs April 24-26.

Fashion Features

Material Professions

Textile show organizers use assets and alliances to bolster their business.

clock December 7, 2005Ross Tucker

WWDMAGIC has moved accessories vendors to the Hilton.

Fashion Features

Strength in Numbers

Despite — or perhaps due to — overlapping schedules, apparel events in Las Vegas continue to grow.

clock December 7, 2005Michelle Dalton Tyree

The California Market Center is under new ownership.

Fashion Features

Movers and Shakers

L.A.’s largest mart shifts direction to stay at the center of the California look and lifestyle.

clock December 7, 2005WWD Staff

ASR has canceled its March show.

Fashion Features

Board Stuff

Organizers refine their events for the burgeoning action sports apparel market.

clock December 7, 2005WWD Staff

The February edition of Nouveau Collective expects to draw more than 500 exhibitors.

Fashion Features

Urban Flux

New York events should draw a crowd with new shows and added attractions.

clock December 7, 2005Lauren DeCarlo and Julee Greenberg

Vision Expo East attracts more than 14,000 attendees.

Fashion Features

Extra Touches

Accessories shows are offering everything from gas money to Rudy Giuliani to boost attendance.

clock December 7, 2005Sophia Chabbott

The Scene show of contemporary resources will be joined by Collections at Scene, a juried group of misses' bridge lines.

Fashion Features

Temporary High

Two tightly focused new shows are designed to sell time-strapped buyers on the Dallas Market Center.

clock December 7, 2005Holly Haber

FIG is 95 percent leased, with room to expand.

Fashion Features

Boutique Mystique

FIG works to connect buyers with undiscovered resources.

clock December 7, 2005Rusty Williamson

Lines at Premiere are chosen by a jury process and focus on better contemporary goods.

Fashion Features

Movement at the Mart

AmericasMart is updating its image with a little reorganization.

clock December 7, 2005Georgia Lee

Trafik is designed to attract contemporary specialty stores.

Fashion Features

On the Road

Trafik travels to Miami Beach.

clock December 7, 2005Georgia Lee

There will be four editions of StyleMax in 2006.

Fashion Features

Midwestern Expansion

The region’s largest women’s apparel show extends to four times a year.

clock December 7, 2005Beth Wilson

Trafik is expanding to Miami's South Beach.

Fashion Features

Calendar

All listings are accurate at press time. Please contact individual shows to confirm.

clock December 7, 2005WWD Staff

Essentialist

Today's Must Read

Raf Simons

Fashion

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

clock 16hLisa Lockwood

Social Studies