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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 17hDavid 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 12hEvan 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 21hDavid Moin

Jumping the Nike Ship: Mindy Grossman Exits, Joins Barry Diller’s IAC

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Overview

In another dramatic management shift at Nike Inc., Mindy Grossman has stepped down as global vice president of apparel to become chief executive officer of retailing at Barry Diller's IAC/InterActive Corp.

From This Issue

Mindy Grossman has left the activewear giant.

Financial

Jumping the Nike Ship: Mindy Grossman Exits, Joins Barry Diller’s IAC

In another dramatic management shift at Nike Inc., Mindy Grossman has stepped down as global vice president of apparel to become chief executive officer of retailing at Barry Diller’s IAC/InterActive Corp.

clock April 18, 2006Melanie Kletter and Lisa Lockwood

Fashion Features

Cone Denim Sets Plans For Nicaraguan Facility

International Textile Group’s Cone Denim unit announced plans for a new denim facility in Nicaragua’s Jorge Bolanos Abaunza Textile Park.

clock April 18, 2006Rebecca Kleinman

Financial

Berkshire Hathaway to Buy Russell Corp. for $600M

Berkshire Hathaway Inc., the holding company run by billionaire investor Warren Buffett, is acquiring activewear firm Russell Corp.

clock April 18, 2006Vicki M. Young

Financial

Gap Inc. Enters Middle East

Gap Inc. is entering the Middle East with about 25 Gap units and 10 Banana Republics by 2010.

clock April 18, 2006David Moin

Media

Memo Pad: Givhan Thanks … Simple Solutions

It only took 36 years and The Washington Post to do it, but a fashion critic has finally been awarded the Pulitzer Prize.

clock April 18, 2006WWD Staff

Financial

Beauty Beat: Beiersdorf Sees Sales Gaining 8% in Quarter

Beiersdorf’s branded consumer division got off to a “real good start” in 2006, according to Peter Nota, the firm’s board member overseeing the company’s consumer division.

clock April 18, 2006Melissa Drier

Fashion Features

Fashion Scoops: Oprah’s Playbill

It was Oscar de la Renta’s turn to shine as a guest on Oprah Winfrey’s talk show Monday.

clock April 18, 2006WWD Staff

Financial

Limited Stores Appoints Top Merchant

The Limited Stores division of Limited Brands has tapped Avra Myers from Club Monaco to become its top merchant.

clock April 18, 2006David Moin

Fashion Features

In Brief: Wal-Mart Health Kick … Cherokee Steps In

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

clock April 18, 2006WWD Staff

Milla Jovovich in Jovovich-Hawk.

People

Artful Dodgers

Artsy types went West for the first Los Angeles Art Week and get-togethers celebrating Ballroom Marfa and several openings.

clock April 18, 2006WWD Staff

Babara Bestor

People

East of Eden

The architect’s relationship with the enclave, known for its rich vein of midcentury modernist architecture, began two decades ago.

clock April 18, 2006Andrew Griffith

Ralph and Ricky Lauren in Tokyo.

Fashion Features

Ralph Lauren’s Whirlwind Tour of Tokyo

On his first trip to Japan in 25 years, Ralph Lauren was a natural with the locals, as they mobbed him and took photos as if he were a rock star.

clock April 18, 2006Marc Karimzadeh

A leather belted coat from Company Ellen Tracy.

Retail

Outerwear Labels Ready For Fall Retail Debuts

Shoppers will have lots of outerwear options this fall, thanks to Company Ellen Tracy, George Simonton, Lilly Pulitzer and Cockpit USA.

clock April 18, 2006Rosemary Feitelberg

Versace's Andy Warhol-inspired gown.

Fashion Features

Gianni Versace’s Artistic Vision

The city of Brescia, Italy, is paying tribute to Gianni Versace’s passion for the arts and his visionary designs with an exhibition that highlights the strong ties between the designer and the arts.

clock April 18, 2006Luisa Zargani

Arnold Scaasi's sketch for Diahann Carroll.

Fashion Features

Scaasi Dressing Carroll for New Cabaret

Arnold Scaasi and Diahann Carroll go way back, so it’s only fitting the designer is suiting her up for her first New York nightclub appearance in decades.

clock April 18, 2006WWD Staff

Los Angeles-based designer Kevan Hall checking out fabrics at French vendor Le Loup Blanc during last year's show.

Fashion Features

Mills Counter Competition With Innovation at L.A. Show

Firms showing at the Los Angeles International Textile Show are emphasizing better quality and proprietary fabrics to battle China.

clock April 18, 2006WWD Staff

Diane von Furstenberg's navy eyelet wrap dress is a bestseller this spring.

Retail

Dresses and Shorts Are Spring’s Bestsellers

Dresses and shorts top the spring charts, said retailers, who are hoping warmer temperatures will kick-start a so-far lackluster season.

clock April 18, 2006WWD Staff

Gela Nash-Taylor

Retail

Juicy Couture Brings Its Cool to Japan

Juicy Couture fever is heating up in Japan.

clock April 18, 2006Koji Hirano

Fashion Features

Obituary: Apparel Exec Michael Cohen

Michael Cohen, 45, a partner in Dimensions by Carl Banks apparel and sales manager at Action Trim, a label and hangtag supplier, died Saturday at Memorial Sloan-Kettering Hospital here.

clock April 18, 2006WWD Staff

Fashion Features

Obituary: Vogue’s Norman Waterman, 77

Norman Waterman, who served as associate publisher of Vogue under four different publishers, died Friday of a heart attack at St. Luke’s Hospital.

clock April 18, 2006WWD Staff

Essentialist

Today's Must Read

Raf Simons

Fashion

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

clock 18hLisa Lockwood

Social Studies