Flexing Its Muscle: P&G Sees Big Opportunities in Recession

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Procter & Gamble Co., the largest advertiser in the world, having spent $8.7 billion in fiscal 2008, has a lump of coal for Madison Avenue and the entire media industry.SEE LIST AT LEFT FOR ALL OF TODAY'S ARTICLES

From This Issue


Inditex Profits Inch Up, but Spain Slowing

Spanish retailer said third-quarter profits rose 1 percent, while sales grew 11 percent.

clock December 11, 2008Robert Murphy


Lululemon Cuts Guidance, Shares Dive Thursday

Despite higher 3Q earnings, Lulemon revised its full-year guidance downward, triggering a 32 percent decline in its share price.

clock December 11, 2008Whitney Beckett

Angelina Jolie


Golden Globe Nominations Launch Awards Season

The red carpet fashion frenzy kicked off Thursday after nominations for the 66th annual Golden Globe Awards were announced.

clock December 11, 2008Marcy Medina

Color Cosmetics

Mineral Makeup Trend To Remain Hot in 2009

Physicians Formula will launch new mineral bronzer and face brightener in February.

clock December 12, 2008Michelle Edgar

Items from Sensai Colours.

Color Cosmetics

Kanebo Creates Treatment Makeup

Kanebo is set to launch Sensai Colours, a new treatment makeup line.

clock December 12, 2008Andrea Nagel

Fergie at a MAC event at London's Selfridges.

Beauty Features

Beauty Snippets: Wild Aid Fraud… Fergie for MAC in London…

A lawsuit over a hair care line marketed by Kate Hudson and hairstylist David Babaii will be heard in the Superior Court of California.

clock December 12, 2008WWD Staff

WWD Beauty Biz Honors Innovators Winners.

Beauty Features

WWD Beauty Biz Honors Innovators

Beauty industry executives met at the Four Seasons restaurant Thursday morning to attend the sixth annual WWD Beauty Biz Awards.

clock December 12, 2008Belisa Silva

Liliane Bettencourt in July 2008.


Ownership of L’Oréal Raises Question

Nestle could acquire L’Oréal in 2009.

clock December 12, 2008Jennifer Weil

TNS Night Eye Repair.

Skin Care

SkinMedica Plays Up TNS Antiaging Brand

With four new products launched this year, pharmaceutical and clinical skin care company SkinMedica is focusing on antiaging through its growing TNS line.

clock December 12, 2008Kavita Daswani

Perfumania is advertising on TV for the first time.


Perfumania Gambles on TV Buy

With the proliferation of specialty beauty stores, call Perfumania’s marketing campaign this season a test case.

clock December 12, 2008Matthew W. Evans

A new Go Smile item.


Go Smile Seeks Exposure With Expansion

Go Smile is reinvigorating the brand with a slew of new launches.

clock December 12, 2008Michelle Edgar

Rimmel's upcoming product line.

Color Cosmetics

Rimmel London Eyes U.S. Growth and Lily Cole

Upcoming TV and print ads for Rimmel will feature British actress Lily Cole.

clock December 12, 2008Molly Prior


Urban Shares Hit by Flat November Sales

Urban Outfitters stock fell more than 20 percent Thursday after company reported flat comps.

clock December 12, 2008Arnold J. Karr


Harry Winston Retail Loss Grows in 3Q

Retail sales in the three months increased 7.7 percent to $57.9 million from $53.8 million last year.

clock December 12, 2008Matthew Lynch


Gildan Shares Drop on Weak Profits, Forecast

Fourth-quarter earnings for Gildan Activewear were hurt by a one-time Canadian income tax charge.

clock December 12, 2008Arnold J. Karr


Daily Stock Wrap

The day’s best and worst performers.

clock December 12, 2008WWD Staff

Government and Trade

Colombia Urges Obama to Reconsider Trade Pact Stance

Colombian vice president Francisco Santos Calderon says labor abuses have been reduced.

clock December 12, 2008John Zarocostas

The union supports preserving New York’s Garment District.

Human Resources

Garment Center Union Proposes New York Fashion Space

UNITE HERE affiliate New York Metropolitan Area Joint Board proposes the creation of a fashion space to protect apparel industry jobs.

clock December 12, 2008Lisa Lockwood

Government and Trade

Apparel and Textiles Imports Fall 2.1 Percent in October

Shipments to the U.S. have declined for the eight consecutive month.

clock December 12, 2008Liza Casabona

Elie Tahari


Bloomingdale’s Readies for Dubai 2010

Bloomingdale’s stores will open in February 2010, but expectations are high.

clock December 12, 2008Jean E. Palmieri

Business Features

IT Holding Talks Go On

IT Holding SpA said late Thursday it had reached a nonbinding agreement with China’s Mensun Ltd.

clock December 12, 2008Andrew Roberts

H&M customers in Shanghai.

Government and Trade

Consumer Anxiety in China Set to Jolt Economy

Industrial production is slowing and jobs are shrinking in China.

clock December 12, 2008Lisa Movius

Elizabeth Arden's new fragrance Pretty.


Arden Sits ‘Pretty’ With New Scent

Elizabeth Arden sees the feminine concept as an evolution of its beauty message.

clock December 12, 2008Julie Naughton

A look at ernolaszlo.com.

Skin Care

Erno Laszlo Ramps Up Online Present

Erno Laszlo has launched a new e-commerce site, ernolaszlo.com, which is designed to be modern and more navigable to attract a younger audience.

clock December 12, 2008WWD Staff

Color Cosmetics

Dolce & Gabbana Readies Makeup Line

Dolce & Gabbana is gearing up to launch its makeup line, which is expected to hit shelves at the end of January.

clock December 12, 2008Stephanie Epiro

Sue Devitt's latest items.

Color Cosmetics

Devitt’s ‘Complexion’ Gets Treatment Bent

Australian makeup artist Sue Devitt is putting spa in the spotlight with the launch in February of a new skin care and makeup range called Spa Complexion.

clock December 12, 2008Matthew W. Evans

Stimulskin Plus Divine Lifting Cream.

Skin Care

Darphin Revs Up Skin Care

Darphin hopes to stimulate the skin care market this winter with its newest launch.

clock December 12, 2008Julie Naughton


European Group to Introduce New Seals

The European Cosmetics Standards Working Group will introduce common standards for natural and organic beauty products this spring.

clock December 12, 2008Brid Costello

Some of Stila's spring 2009 offerings

Human Resources

Deanna Kangas Named President and CEO of Stila

Kangas, who had joined the company in January as chief marketing officer, replaces Ken Ude, who had been at the helm of Stila since July 2007.

clock December 12, 2008Julie Naughton

A spring look from Mike & Chris.


Mike & Chris Make Licensing Deal

Mike & Chris, a contemporary brand that helped transform the casual hoodie into an edgy fashion item, hopes to weather the recession without sacrificing design.

clock December 12, 2008Khanh T.L. Tran


Incotex Launches Lower-Price Trouser Line

Incotex is chasing the luxury market downhill with its new ivory label, a collection of trimmer, less-expensive wool and cotton pants.

clock December 12, 2008Brenner Thomas

A stuffed tiger for Christmas.

Fashion Scoops

Lanvin’s Tiger’s Eye… Hollywould Out of Business?… Dolce Vita…

Life’s a zoo for Lanvin’s Alber Elbaz — or for the holiday period at least.

clock December 12, 2008WWD Staff

Kim France


The Editor’s Letters: Holiday Helpers

Earlier this fall, when editors assembled their holiday gift guides and wish lists, many had no idea to what extent the economy would contract.

clock December 12, 2008Stephanie D. Smith and Amy Wicks

A Spring '09 Diesel ad.


Another World… Springing Back… The Mastheads Continue to Shrink…

Diesel is continuing its surrealistic direction in its ads for spring.

clock December 12, 2008WWD Staff

A.G. Lafley

Business Features

P&G Sees Big Opportunities in Recession

Procter & Gamble Co, the largest advertiser in the world, has a lump of coal for Madison Avenue and the entire media industry.

clock December 12, 2008Molly Prior

Renderings of Matthew Williamson's N.Y. store.

Designer and Luxury

Matthew Williamson Plots Expansion

Matthew Williamson is expanding his staff and retail network.

clock December 12, 2008Samantha Conti


Retailers Hit by Athens Riots

Some luxe stores damaged.

clock December 12, 2008Robert Murphy and Rosemary Feitelberg and Elis Kiss

The new toryburch.com will relaunch in about two weeks.


Tory Burch’s Downtown Lair

If Tory Burch lived in the Meatpacking District, her new store is what her living room would look like.

clock December 11, 2008Julee Kaplan



Goody’s Financial Woes Mounting

Sources say liquidation is a distinct possibility for Goody’s if the retailer files for bankruptcy a second time.

clock December 12, 2008Vicki M. Young

Fashion Features

Milan Men’s Shows Revert to Four Days

Men’s fashion week in Milan is to revert back to four days in January, after Fendi became the latest high-profile brand to cancel its catwalk.

clock December 12, 2008Emilie Marsh and David Lipke


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Marc Jacobs Beauty Celebrates Pride With #GratefulNotHateful Campaign

clock 1hAlexa Tietjen

Social Studies