Riding Over the Divots: Polo Beats Downturn, Raises 2009 Guidance

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Overview

Discipline is paying off for Polo Ralph Lauren Corp. Increasing control over the distribution of its products and tight cost controls are enabling the company to buck the global economic downturn.SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Mergers and Acquisitions

Carlyle Group Acquires 48 Percent Stake in Moncler Group

Moncler, Henry Cotton’s, Marina Yachting and Coast, Weber & Ahaus brands part of deal.

clock August 6, 2008Andrew Roberts

Polo Ralph Lauren: Istanbul store rendering

Financial

Polo Q1 Profits Up, Raises Guidance

Polo Ralph Lauren Corp. posted a first-quarter profit increase and raised its full-year earnings guidance.

clock August 6, 2008Vicki M. Young and Miles Socha

Business Features

Marchpole to Produce DKNY Men’s

The London-based brand management group, has entered into a joint venture and strategic licensing agreement with Donna Karan International Inc.

clock August 6, 2008Nina Jones

A summer dress from Dana-Maxx.

Sportswear

Intermezzo Feels Effects of Economic Crunch

Stores searching for new holiday items.

clock August 7, 2008Julee Kaplan

This tiered skirt was a D&A bestseller for Development by Erica Davies.

Sportswear

Designer & Agents Show Highlights Resort Trends

Dresses, jackets and tunics still key

clock August 7, 2008Marc Karimzadeh

Financial

Daily Stock Wrap

The Dow Jones Industrial Average climbed 40 points, or 0.4 percent, on Wednesday, but retail stocks were unable to keep pace.

clock August 7, 2008WWD Staff

Financial

Hampshire Loss Widens in Second Quarter

Stock again up in wake of settlement with former CEO.

clock August 7, 2008Matthew Lynch

Financial

Maidenform Q2 Net Drops 7.7 Percent

Timing of department store shipments hurts sales.

clock August 7, 2008Evan Clark

Media

True Religion Net Sales Soar in Q2

Bottom line boosted by higher margins and store expansions.

clock August 7, 2008Arnold J. Karr

Michael Kors

Media

Broader Horizons… Here Today, Gone Tomorrow… Did They Serve Her a Bud?…

Vanity Fair’s Elizabeth Saltzman has been given a new title at the magazine — one that will allow her more freedom to work on other projects.

clock August 7, 2008WWD Staff

Polo Ralph Lauren: Istanbul store rendering

Retail

Polo to Open in Istanbul

Unit will be brand’s first freestanding boutique in Turkey.

clock August 7, 2008Miles Socha

Xiaonei.net

Media

China’s Internet Youth Boom

Key web sites to use to market to young consumers.

clock August 7, 2008Betsy Lowther

Marketing and Promotion

China’s Youth Groups

Breaking down the market into four segments.

clock August 7, 2008WWD Staff

Jusco

Retail

In the East

A look at the largest department and specialty store retailers in the Asia-Pacific region.

clock August 7, 2008Cecily Hall

The exterior of Lenox Square, one of two luxury malls in Atlanta?s Buckhead district.

Lifestyle

Atlanta: Denim Days

Lenox Square is becoming “Denim Lifestyle Central” in the Big Peach, with new stores set to expand lifestyle brands and grab the city’s denim-loving audience.

clock August 7, 2008Georgia Lee

Morton Broffman?s ?Dr. King and Coretta Scott King Leading Marchers,? 
taken in Montgomery, Ala., 1965.

Lifestyle

Atlanta: Scene

At 29 Spa, a multitasking luxury customer can order a pair of Manolo Blahniks in the nail salon, then have them delivered by a butler before the pedicure dries.

clock August 7, 2008Georgia Lee and Elizabeth Thurman

Lifestyle

Atlanta Apparel Market Schedule

Following is the event schedule for the Atlanta Apparel Market, Aug. 16 to 19, at AmericasMart.

clock August 7, 2008WWD Staff

A 201 style in Levi?s archive.

Media

Levi’s Jeans From 1890 Sell Online for $36,099

An abandoned gold mine in California’s Mojave Desert has produced an unusual treasure.

clock August 7, 2008Ross Tucker

The women’s section in Seven's first New York store.

Marketing and Promotion

Seven For All Mankind Opens SoHo Store

Seven For All Mankind will open its first flagship here today with the aim of exposing its full collection to the city’s burgeoning influx of European tourists.

clock August 7, 2008Ross Tucker

James Franco

People

Movie Night

Parties in the city this summer have been all quiet on the celebrity front, but on Tuesday, stars crawled out of the woodwork for a pair of movie premieres.

clock August 7, 2008WWD Staff

Rebecca Hall

People

British Ingenue Hits It Big

Actress Rebecca Hall stars in Woody Allen’s latest flick.

clock August 7, 2008Vanessa Lawrence

People

David Monn’s Big Fete

Party planner and social fave is throwing a party of “Olympic Proportions” on Friday.

clock August 7, 2008WWD Staff

Custo Dalmau

Retail

Custo’s Big Expansion Plans

Custo Barcelona eyes retail buyout.

clock August 7, 2008WWD Staff

Paris Hilton in the spoof video.

Fashion Scoops

Paris Talks Politics… McQueen on Target’s Radar… Topshop’s New Signing…

Paris Hilton may be in Copenhagen, but the socialite’s spoof video in which she declares she’s running for president had the world’s attention Wednesday.

clock August 7, 2008WWD Staff

Erin Wasson and model.

Fashion Features

Erin Wasson, Designer

Erin Wasson, the model-stylist-skating enthusiast, has added clothing designer to her resume.

clock August 7, 2008Sarah Haight

Francis by Christian Francis Roth washed silk charmeuse graffiti-appliquéd T-shirt dress.

Fashion Features

Christian Francis Roth Launches New Line

A fashion darling of the early Nineties, Christian Francis Roth is trying to make his mark again with a contemporary spring collection.

clock August 7, 2008Antonia Sardone

Simon Doonan

Retail

Barneys Goes Sixties for Holiday

Barneys New York is going psychedelic for holiday, with lots of peace and love thrown in for good measure.

clock August 7, 2008Sharon Edelson

Nivea sales rose by 10.4 percent in the first six months.

Financial

Beiersdorf Net Up

Results driven by double-digit growth of skin care brands.

clock August 7, 2008Melissa Drier

Kasper Rorsted

Financial

Henkel Profits Plunge, Shares Rise

Sales rise despite increasing raw material costs as restructuring charges impact earnings.

clock August 7, 2008Damien McGuinness

Retail

Boots Sponsoring CEW U.K. Beauty Awards

Boots.com to carry finalists and winners from the Cosmetic Executive Women program.

clock August 7, 2008Brid Costello

G-Star plans to open 200 stores in the U.S. and are expanding its product assortment.

Denim

G-Star Looks to Expand American Audience

Executives at Dutch denim brand G-Star believe the label has found stable footing in the U.S. after entering the market four years ago.

clock August 7, 2008Ross Tucker

Essentialist

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The Village Voice

Business

The Village Voice Shutters Print Edition

clock 8hAlexandra Steigrad

Social Studies