A Tough Three Months: Neiman’s Sees Profit, More Markdowns Loom

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Neiman Marcus Group, continuing to suffer from the worsening economy and reduced consumer spending, reported that fiscal first-quarter profits fell 83.6 percent on a comparable-store sales drop of 14.5 percent.SEE LIST AT LEFT FOR ALL OF TODAY'S ARTICLES

From This Issue

Burt Tansky


Neiman’s Sees Profits, but More Markdowns Loom

For the quarter ended Nov. 1, Neiman Marcus reported that profits were $12.9 million.

clock December 10, 2008David Moin


Kohl’s in Mudd Deal

Line to include apparel, accessories, jewelry.

clock December 10, 2008Ross Tucker

Ed Westwick, Chace Crawford, Blake Lively and Penn Badgley.


Freeze Frames

Wearing sunglasses at night is usually just obnoxious, but at Ray-Ban’s bash Tuesday evening for its re-released Clubmaster frames, the look was de rigueur.

clock December 10, 2008WWD Staff

Bridge of the Woman.


Letter From Buenos Aires: On the Edge in South America

Buenos Aires may beam with Old World elegance and 19th-century French mansions, but in recent years it also has blossomed as a vibrant design center.

clock December 11, 2008Maggie Kenny

Tara Subkoff


Dinner for Jack Vartanian

Brazilian jeweler Jack Vartanian celebrated his new Madison Avenue store with a dinner at Sant Ambroeus.

clock December 10, 2008WWD Staff

At Osaka, diners choose from Japanese, Thai, Chinese and Peruvian food.


Buenos Aires Scene

Restaurants and shops to check out in Buenos Aires.

clock December 11, 2008WWD Staff

Government and Trade

Buenos Aires: Vital Statistics


clock December 11, 2008WWD Staff

Olive & Bette's has been forced to put merchandise on sale.


Contemporary Retailers: Survival of the Fittest

Many contemporary fashion boutiques are struggling to keep afloat during the economic turmoil.

clock December 11, 2008Julee Kaplan

Staying Local

Fashion Features

The List: Top Activities Consumers Plan to Increase

The top activities consumers have increased as a result of the recession.

clock December 11, 2008Cecily Hall

Dining out less.

Fashion Features

The List: Top Activities Consumers Plan to Decrease

The top activities that consumers plan to decrease due to the recession.

clock December 11, 2008Cecily Hall


Retail Shares Rise 2.9 Percent Wednesday

Store stocks return to winning ways after one-day hiatus.

clock December 11, 2008Evan Clark


Cherokee Net, Revenues Slide in 3Q

Cherokee Inc. reported lower profits and royalties in the third quarter, citing weakness in the U.K. and an unfavorable shift in currency.

clock December 11, 2008Arnold J. Karr


G-III Reins in Guidance

Sales and income rose in the third quarter for G-III Apparel Group, but the firm lowered guidance for the fiscal year.

clock December 11, 2008Vicki M. Young


McGrady to Lead Retail Ventures

Third-quarter profits for Retail Ventures fall 85 percent.

clock December 11, 2008Evan Clark


Daily Stock Wrap

The day’s best and worst performers.

clock December 11, 2008WWD Staff


VF Promotion… New CEO a Tanger… Inglander Returns to Lacoste…

VF Corp. has named Karl Heinz Salzburger as corporate vice president and promoted him to president of VF International.

clock December 11, 2008WWD Staff

The iStorez.com home page.


IStorez Creates ‘Shopping 2.0’ Experience

The last thing the retail industry needs is another reason for shoppers to avoid a trip to the mall.

clock December 11, 2008Jessica Iredale

Tasha Tilberg

Skin Care

Biotherm Adds Spokesmodels in Product Push

The L’Oréal-owned treatment brand has signed models Sasha Pivovarova, Mirhé Grimmelmann and Tasha Tilberg.

clock December 11, 2008Brid Costello

Mergers and Acquisitions

Unilever in Cosmivoire Buy

Unilever has acquired the soap business of Cosmivoire, an Ivory Coast-based producer with a market presence in West Africa.

clock December 11, 2008Brid Costello


Urban Outfitters Taps Operating Chief for Europe

Urban Outfitters Inc. named Andrew McLean to the new position of chief operating officer of the company’s European operating divisions.

clock December 11, 2008Sharon Edelson

Designers browse Denim by Première Vision.


Cost Cutting Key for Buyers at Denim by Premiere Vision

Recycled fabrics, as seen at Uco and Hellenic Fabrics, were among bestsellers.

clock December 11, 2008Ellen Groves

Business Features

Prada Signs Up for America’s Cup

Giving up the America’s Cup race may prove harder for Patrizio Bertelli than expected.

clock December 11, 2008Luisa Zargani

Women's Health's Jan/Feb 2009 cover.


Rodale Taps Editor for Women’s Health… Madonna vs the Mail…

Rodale has tapped a new editor in chief for Women’s Health: Michele Promaulayko, who was most recently executive editor of Cosmopolitan.

clock December 11, 2008WWD Staff

Triathlete Chris McCormack at the launch event.

Fashion Features

Under Armour Beefs Up Apparel

Activewear manufacturer Under Armour is beefing up its apparel offering for spring to support the debut of its running footwear.

clock December 11, 2008Jean E. Palmieri

Women's pre-fall look from Rag & Bone.

Designer and Luxury

Rag & Bone Opens Men’s Unit

Contemporary brand Rag & Bone now has two stores in New York.

clock December 11, 2008Jean Scheidnes

Guest Marcia Dyson (center) with models at the Saks Fifth Avenue event.


A Tale of Two Sakses

Stores hold dueling inaugural ball events.

clock December 11, 2008Susan Watters

Barneys' holiday windows.


Holiday Windows Shine On

Holiday window themes run the gamut from outer space to peace and love.

clock December 11, 2008Sharon Edelson and Alessandra Ilari and Katya Foreman

A Halston gown that can be wrapped to conceal or reveal.


Sex Ed: FIT Exhibit Studies Seduction

“Seduction,” the latest exhibition to bow at the Museum at FIT, examines how clothing plays into temptation and enticement.

clock December 11, 2008Rosemary Feitelberg

Inside the new Prada.


Milan Fashion Brands Open Stores

Prada, Miu Miu, Max Mara and Versace all open new units.

clock December 11, 2008Alessandra Ilari

Stefano Gabbana attends his birthday party at Bette.

Fashion Features

Stefano Gabbana Sounds Off About the System

Gabbana is convinced that a fur coat sitting in a window in the sweltering heat of July or a chiffon top beckoning on a foggy November day doesn’t make sense.

clock December 11, 2008Alessandra Ilari

Tara Subkoff


Swell Auras, Lovely Dinners and Shining Stars

Casey Spooner was offering some nuggets on the economy at a dinner to celebrate the Aura, a new phone from Motorola that retails for around $2,000.

clock December 11, 2008WWD Staff

Richard Griffiths on the patio at Angus McIndoe.


Horse Play With ‘Equus’ Actor Richard Griffiths

To meet Richard Griffiths is, at the outset, to be disappointed.

clock December 11, 2008Nick Axelrod

Donna Karan, Cherie Blair and Barbara Walters at the Hearst Tower.

Fashion Scoops

Laura Bush’s Next Act… Mandy Moore Rings a Bell… Record Rocks…

Tony Blair revealed Laura Bush will be working with his wife’s organization, Foundation for Women.

clock December 11, 2008WWD Staff

Ready To Wear

Saks to Close All but Two Bridal Salons

Saks Fifth Avenue is shuttering 16 of its 18 bridal salons to make room for higher-growth businesses.

clock December 11, 2008Rosemary Feitelberg


Today's Must Read

A look from Cmmn Swdn's new collection.


Paris Men’s Week: Ones to Watch

clock 11hKatya Foreman and Luisa Zargani

Social Studies