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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 13hDavid 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 8hEvan 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 17hDavid Moin

Retail’s Summer Sizzle: No Slowdown Is Seen For Widening Margins

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Overview

Coming off strong margin gains in the first quarter, many retailers are expected to maintain the momentum through the end of the second quarter last month as a result of selling more at full price and fewer price promotions.

From This Issue

Limited Brands, parent of Express, had a significant gross margin increase in the first quarter.

Financial

Retail’s Summer Sizzle: No Slowdown Is Seen For Widening Margins

A strategy of tight inventory control and planned markdowns is leading to better sell-throughs and improved profit margins for retailers.

clock June 27, 2006Jeanine Poggi

A look at the renovated space.

Retail

Bloomingdale’s Intimate Space

Bloomingdale’s renovated lingerie department at the 59th Street flagship here may represent the shape of things to come.

clock June 27, 2006Karyn Monget

Financial

Liz Claiborne Taps Jill Granoff

Liz Claiborne Inc. has hired Jill Granoff, former president and chief operating officer of Victoria’s Secret Beauty, to be group president, direct-to-consumer.

clock June 27, 2006Julee Greenberg

Fashion Features

In Brief: Ben Sherman Promotes … Power Shopping

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

clock June 27, 2006WWD Staff

A Valentino dress on the runway.

Retail

Pronovias Reveals Retail Strategy at Show

Pronovias is trimming its stable of designers as the bridal manufacturer transitions to becoming more of a retailer.

clock June 27, 2006Barbara Barker

Marlo Thomas

Fashion Features

Von Furstenberg Teams Up With Thomas for St. Jude

Diane von Furstenberg is upping the stakes for designer donations.

clock June 27, 2006Rosemary Feitelberg

Pierre Cardin in his office.

Fashion Features

Pierre Cardin: Past Is Prologue

As Pierre Cardin celebrates his 60th year as a designer, he will present a men’s collection next week in Paris for the first time in seasons.

clock June 27, 2006Robert Murphy

A rendering of the new store.

Fashion Features

Versace Playing in September

Versace may have trimmed down its real estate portfolio over the past few years, but that didn’t rule out a company-owned teatro, due to bow in September.

clock June 27, 2006Luisa Zargani

Financial

St. John to Name Polese Retail EVP

St. John today will appoint Ralph Polese as its new executive vice president of retail.

clock June 27, 2006Marcy Medina

An outtake from Jimmy Choo's fall campaign with Molly Sims and Quincy Jones.

Fashion Features

Fashion Scoops: Summer Job … Rise And Shine … Getting Lippy …

While summer might be downtime for Brett Ratner, whose latest film “X Men: The Last Stand” hit theaters in May, the Hollywood heavyweight is keeping busy with his new hobby, photography.

clock June 27, 2006WWD Staff

A trend exhibit at Pitti Filati.

Fashion Features

Italian Mills Forge Ahead After Strong First Half

Italian yarn firms at next week’s Pitti Filati show will be armed with a bevy of new fibers and confidence the market has improved.

clock June 27, 2006Stephanie Epiro

Fashion Features

Study: Global Economy on the Rise

Solid growth by the U.S. and China, along with a recovery in Japan and expansion in Germany, bodes well for the performance of the world economy, according to the Bank for International Settlements.

clock June 27, 2006John Zarocostas

The apparel industry is fighting legislation that would require inspection of all containers.

Fashion Features

Apparel Execs Head to the Hill Over Port Bills

Retail and wholesale apparel importers are mobilizing lobbying efforts on Capitol Hill as they become increasingly concerned over the Senate’s inaction on a port security bill.

clock June 27, 2006Kristi Ellis

Fashion Features

U.S. Rail Industry Facing Pressure From Rising Imports

U.S. ports in the last five years have struggled to increase their operations and capacity in order to handle goods coming from Asia.

clock June 27, 2006Ross Tucker

The new L'Artisan shop on Madison Avenue.

Fashion Features

Beauty Beat: L’Artisan Opens Third New York Store

With the opening of L’Artisan Parfumeur’s third New York store on Madison Avenue and 82nd Street here June 19, the French firm is pressing forward with a retail expansion strategy that calls for a total of 20 stores in the U.S. by 2008.

clock June 27, 2006Michelle Edgar

WWD Image

Media

Memo Pad: Not Another Pretty Face … Watch It Go

Since time immemorial, the cover of Stuff has featured a curvaceous lass in immodest garb.

clock June 27, 2006WWD Staff

Financial

Hugo Boss Adds 5 Years to CEO’s Contract

Hugo Boss Group has extended the contract of its chief executive officer, Bruno Salzer, through 2012.

clock June 27, 2006WWD Staff

Greg Kadel and Kelly Klein

People

Working Girls

A star-studded crowd gathered in the Hollywood Roosevelt Hotel’s Gable & Lombard penthouse to honor Salma Hayek for her humanitarian work.

clock June 27, 2006WWD Staff

Jennifer Ehle

People

Portrait Of A Lady

Jennifer Ehle is one of those rare creatures whose ethereal beauty almost blossoms more from having her head shaved.

clock June 27, 2006Elisa Lipsky-Karasz

Essentialist

Today's Must Read

Raf Simons

Fashion

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

clock 14hLisa Lockwood

Social Studies