Saks on the Upswing: Profits Sales Climb a Strategy Pays Off

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Saks Fifth Avenue's turnaround keeps gaining steam. The department store retailer said Monday it is making up ground on the competition and pointed to strong first-quarter results released Monday as evidence.

From This Issue

Fashion Features

China Seen as a High Risk In World Economic Forecast

A hard landing of China’s economy, along with a global asset price collapse and a sharp fall of the dollar are singled out as high-risk scenarios in a new report from the World Economic Forum.

clock May 22, 2007John Zarocostas

Material World Miami had more than 500 exhibitors.

Fashion Features

Vendors Go Green for Material World Miami

Innovation and corporate social responsibility were recurring themes during the ninth edition of Material World at the Miami Beach Convention Center.

clock May 22, 2007Georgia Lee

Jolie in Tahari and Joseph.



Since landing in Cannes on Sunday, the Brangelina clan (all six of them) has spent some quality time on the grounds of the Hôtel du Cap.

clock May 22, 2007Marcy Medina


Notes on a Scandal

Julianne Moore’s latest character in Tom Kalin’s “Savage Grace” has her share of loose screws, but boy, does she have great style.

clock May 22, 2007Katya Foreman

Kerry Washington in Giorgio Armani.


Fair Game

All good things must come to an end. Just ask Chloe Sevigny, who made her red carpet ascent for “Zodiac” on the arm of her co-star, Jake Gyllenhaal, last Thursday.

clock May 22, 2007Katya Foreman


Fashion Features

Amsale Suits Up All Sorts of Weddings

Now that Amsale is among the best-selling labels in Saks Fifth Avenue’s bridal salon, she is busy honing the skills that helped to get her there.

clock May 22, 2007Rosemary Feitelberg

A hand-painted silk doupioni trench and silk satin pants.

Fashion Features

Posey Shanghai Takes Elegant Route

Molly Larkin, a former merchandiser at Ralph Lauren and sales manager for Giorgio Armani men’s, bowed out of the industry in 1993, just days before the birth of her first child.

clock May 22, 2007Holly Haber

Anna Sui

Fashion Features

Anna Sui Aiming Young in Japan

Anna Sui will launch a new brand aimed at younger customers in Japan, according to the designer’s main licensee, Isetan, and sublicensee, Onward Kashiyama.

clock May 22, 2007Koji Hirano


Vionnet, Kokosalaki Sever Ties

The short association between Vionnet and Sophia Kokosalaki is over.

clock May 22, 2007Robert Murphy


PacSun Posts First-Quarter Loss

Teen retailer Pacific Sunwear of California Inc. said Monday that the company posted a first-quarter loss, citing the shutdown of 74 underperforming demo stores.

clock May 22, 2007Vicki M. Young


In Brief: Holt Changes… Juniors’ Turn

Holt Renfrew, Canada’s leading luxury chain, named two new vice presidents: Tracy Fellows, for marketing, and Diane J. Whidden, for human resources.

clock May 22, 2007WWD Staff

Fashion Features

Takizawa to Launch Own Line

Naoki Takizawa, the former creative director of Issey Miyake, will launch a women’s wear brand under his own name during New York Fashion Week in September, according to Issey Miyake Inc.

clock May 22, 2007Koji Hirano


Restir in Real Estate Deal With Goldman Sachs

The emerging Japanese specialty store Restir is stepping into real estate management in Japan via a joint venture with Goldman Sachs.

clock May 22, 2007Koji Hirano


Key Executives Resign From Swiss Army

Effective immediately, Sue Rechner, president, and Cheri McKenzie, senior vice president and chief marketing officer, are resigning to pursue other opportunities.

clock May 22, 2007Whitney Beckett


Turkey Leading a Push For WTO Quota Review

Mexico, Bangladesh and Egypt, along with some African and Central American textile and apparel exporters, backed a new push by Turkey on Monday to get the World Trade Organization to review the implications of the end of quotas in the sector.

clock May 22, 2007John Zarocostas

Elizabeth Hurley

Fashion Features

The Pucci Posse

“Someone should do a film on Emilio Pucci’s amazing life. And you,” gushed Kylie Minogue, turning to friend and Pucci creative director Matthew Williamson, “should play Emilio.”

clock May 22, 2007Alessandra Ilari

Valerie Chow and Stella McCartney

Beauty Features

Stella McCartney Fetes Skin Care Launch

“I don’t want to be away from the kids for more than four days,” said the designer, who has two young children at home in London.

clock May 22, 2007Constance Haisma-Kwok

Chanel Line

Fashion Features

Flight of Fancy

“Live from Paris, Chanel Line No.5. Please be careful when opening the overhead compartments. Some quilted bags may fall.”

clock May 22, 2007Marc Karimzadeh and Marcy Medina

Fashion Features

France’s First Lady in Her Own Fashion

“Modern” is a word that comes up frequently when describing the style of France’s new First Lady, Cecilia Sarkozy.

clock May 22, 2007WWD Staff

Chocolate Bar

Fashion Features

Bendel’s Chocolate Bar Gives Shoppers What They Crave

Forget chopped salads, quiches and lobster-filled avocados. Henri Bendel is giving the Ladies Who Lunch what they really crave – chocolate.

clock May 22, 2007Sharon Edelson

Tom Ford

Fashion Features

Eyewear Continues Strong at Mido

Subtly branded, volume-heavy eyewear presented in a new show space was the backdrop to this month’s Mido fair, where industry executives said the outlook was sunny.

clock May 22, 2007Stephanie Epiro

Fashion Features

Moscow Museum to Focus on Chanel

Stretching its art-fashion links into new territories, Chanel will be the subject of a major exhibition this fall at the Pushkin State Museum of Fine Art in Moscow, WWD has learned.

clock May 22, 2007Miles Socha

Tocca's Cleopatra

Beauty Features

Beauty Beat: Tocca Unveiling Cleopatra Fragrance

Tocca Beauty hopes to add a bit of Elizabeth Taylor’s aura in re-creating its Cleopatra candle scent into a perfume within its fragrance collection.

clock May 22, 2007Michelle Edgar


Wet Seal CEO Waller To Step Down in Feb.

Teen retailer The Wet Seal Inc. said Monday that Joel Waller, president and chief executive officer, will step down on Feb. 1. No successor has been named.

clock May 22, 2007Emili Vesilind

Fashion Scoops

Fashion Scoops: Kahn’s New Gig?… Wedding Bells… No Impact…

Gene Kahn, the former chief executive of the former May Department Stores Co., may soon be back in the saddle.

clock May 22, 2007WWD Staff

New York


Memo Pad: At Least they Look At Pictures… About Me… My Kingdom For A Horse…

New York magazine will reverse the usual print-to-Web trajectory by spinning off some of its online fashion coverage into a semiannual magazine.

clock May 22, 2007WWD Staff

The Saks flagship in Manhattan.


Saks on the Upswing: Profits, Sales Climb As Strategy Pays Off

Saks Fifth Avenue’s turnaround keeps gaining steam.

clock May 22, 2007David Moin


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