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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 December 7, 2016David 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 22hEvan 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 December 7, 2016David Moin

Reconfiguring Saks: Sale Boosts Profits, SFA Overhaul in Works

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Overview

Saks Inc.'s first-quarter profits skyrocketed thanks to a one-time gain from the sale of its Northern Department Store Group, while its Saks Fifth Avenue unit's turnaround is under the spotlight.

From This Issue

H. Lee Scott Jr.

Financial

Wal-Mart Net Gains 6.3%

Wal-Mart Stores’ first-quarter earnings beat estimates, but the firm raised concerns over higher gas and utility costs in the second quarter.

clock May 17, 2006Vicki M. Young

Financial

Sweetface Names President

Andrea Scoli has been named president of Sweetface Fashion Co., which makes the JLo by Jennifer Lopez and Sweetface apparel lines.

clock May 17, 2006Lauren DeCarlo

Fashion Features

In Brief: Tee Time … Downtown Theory

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

clock May 17, 2006WWD Staff

Financial

Federated Ups 2Q Guidance on Tax Settlement

Federated Department Stores Inc. said Monday it will earn 33 cents per share more than expected in the second quarter because of a favorable tax settlement.

clock May 17, 2006Vicki M. Young

Financial

A&F Net Jumps 39.1%, Ups 1st-Half Estimates

Abercrombie & Fitch Co. delivered a 39.1 percent increase in first-quarter net profits as its abercrombie and Hollister divisions clocked robust sales.

clock May 17, 2006Arthur Zaczkiewicz

WWD Photo

Financial

American Eagle Sales, Earnings Rise

Buoyed by strong gross margin, American Eagle Outfitters reported first-quarter earnings increased 16.1 percent on a sales gain of 14 percent.

clock May 17, 2006Arthur Zaczkiewicz

A rendering of Astor Hall's garden setting at the Swarovski-hosted "Upstairs at the Library."

Fashion Features

CFDA Awards Show Gets Casual Addition

Next month’s 2006 CFDA Fashion Awards will be an “Upstairs, Downstairs” affair.

clock May 17, 2006Marc Karimzadeh

Fashion Features

Fashion Scoops: It’s Amore … Black Widow … Kiss Me, Kate …

The latest bachelor in ABC’s popular “The Bachelor” franchise has been named by ABC during the networks’ “Upfronts” this week in New York.

clock May 17, 2006WWD Staff

Christian Dior

Fashion Features

Dior’s American Journey

The fashion world may be obsessed with Russia, India, China and Brazil, but the brass at Christian Dior still sees the U.S. as a land of opportunity.

clock May 17, 2006Marc Karimzadeh

WWD Photo

Financial

Reconfiguring Saks: Sale Boosts Profits, SFA Overhaul in Works

Saks Inc.’s first-quarter profit soared from the sale of its Northern Department Store Group, but the Saks Fifth Avenue business still struggled.

clock May 17, 2006Vicki M. Young

CFDA's Stan Herman (left) with the event's hostess, Robin Givens, and Simon Doonan.

Fashion Features

Image Awards Raise Record $1.2M

The 28th annual American Apparel and Footwear Association’s American Image Awards on Monday night raised $1.2 million for St. Jude Children’s Research Hospital.

clock May 17, 2006Julee Greenberg

A fall look from GarfieldMarks.

Financial

Alex Garfield Exits Harve Benard

Alex Garfield, co-founder of GarfieldMarks, which was bought by Harve Benard Ltd. five weeks ago, has left the company.

clock May 17, 2006Julee Greenberg

Levi's "Style for Every Story" campaign prompted positive feelings about the brand among women in 2005, yet purchases of Levi's women's apparel were flat in 2005 versus 2004. Beauty items are often a woman's first experience of the Chanel brand.

Marketing and Promotion

Some Ads Sing Louder Than the Brands

A fashion brand may capture a consumer’s eye with a clever ad, but how much farther will it get?

clock May 17, 2006Valerie Seckler

Recently retired J.C. Penney cio Stephen Raish

Financial

Five IT Forces

As we do every year, WWD­ExecTech scoured the retail landscape to find five executives who have distinguished themselves as exceptional leaders in information technology.

clock May 17, 2006Denise Power and Cate T. Corcoran

Here, clothing and jewelry from Kilo International of Brooklyn, an Almost Girl favorite.

Financial

Bits & Bytes

Coutorture is a fashion network started by bloggers Julie Fredrickson of Almost Girl and Philip Leif Bjerknes of Millionaire Socialite.

clock May 17, 2006Cate T. Corcoran

A fall 2006 look from Danskin.

Financial

Danskin Designs New Web Store for Growth

Danskin Inc. plans to build a new online store to increase its already steep rate of growth.

clock May 17, 2006Cate T. Corcoran

Fashion Features

Worker Groups Applaud Bush Immigration Stance

Immigrant and labor groups on Tuesday applauded President Bush’s position speech on immigration reform, as Congress prepares to tackle the controversial issue anew.

clock May 17, 2006Kristi Ellis

Retail

Asprey’s New Owners Moving NYC Outpost

Now that it has new owners, British luxury brand Asprey is moving to right its ship.

clock May 17, 2006Samantha Conti

Retail

New England Retailers Ride Out Floods

Many merchants expressed gratitude for Mother’s Day on Sunday, which compelled shoppers to go out Saturday in search of gifts.

clock May 17, 2006Katherine Bowers

Financial

Wholesale Apparel Prices Slide 0.4 Percent in April

Wholesale prices on domestically produced women’s and girls’ apparel fell 0.4 percent in April compared with a year earlier, the Labor Department said Tuesday.

clock May 17, 2006Evan Clark

L'Artisan's new fragrance.

Fashion Features

Beauty Beat: L’Artisan Looks to Up Male Clientele With New Scent … Beer Unveils New Line … N.Y.C. Cosmetics’ Ad Blitz

L’Artisan Parfumeur is hoping its men’s business will grow under the influence of its latest fragrance, Fou d’Absinthe (Mad About Absinthe, in English).

clock May 17, 2006WWD Staff

Fashion Features

USTR Nominee Schwab Queried on Trade Policy

Members of the Senate Finance Committee at her confirmation hearing Tuesday urged U.S. Trade Representative nominee Susan Schwab to take more of a hard-line approach when representing U.S. interests.

clock May 17, 2006Evan Clark

Media

Memo Pad: Time’s Up … Almost Had Him … Not In The Entourage

By the time you read this, Time magazine may already have a new top editor.

clock May 17, 2006WWD Staff

Byron "Barney" Calame

Fashion Features

Public Lashing for NYT Public Editor

The incumbent New York Times ombudsman has found himself the object of exactly the kind of criticism ombudsmen are expected to dish out.

clock May 17, 2006Jacob Bernstein

Fashion Features

Hilfiger Helps Raise $2.5M for MS Research

There was glitz and groove to spare at the 13th annual Race to Erase MS benefit, which raised a record $2.5 million for multiple sclerosis research.

clock May 17, 2006Marcy Medina

The James Perse store in Las Vegas.

Retail

James Perse Takes California Look to Las Vegas

James Perse opened his fourth eponymous store last week in Las Vegas and plans three more in various locations by year’s end.

clock May 17, 2006Emili Vesilind

Maria Bello

Fashion Features

West Watch: Bello Focused … Gaining Momentum

Maria Bello, the face of Max Mara’s fall catalogue, is adopting a take-charge attitude to go with her new role.

clock May 17, 2006WWD Staff

A rendering of the House of Petro Zillia in Los Angeles.

Retail

Petro Zillia to Bow First Store in L.A.

Nony Tochterman, the designer behind the playful Southern California fashion label Petro Zillia, will open her first store on Third Street here in July.

clock May 17, 2006Emili Vesilind

Essentialist

Today's Must Read

Amy Mellen

Fashion

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

clock December 7, 2016Lisa Lockwood

Social Studies