Holiday Hangover: Stores Slash Outlooks After Horrid Comps

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When even Wal-Mart Stores Inc. falls short of expectations, the depth of the consumer slowdown can no longer be denied.SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Aéropostale was one of few gainers among apparel specialty stores.

Business Features

Holiday Hangover: Stores Slash Outlooks After Horrid Comps

When even Wal-Mart Stores Inc. falls short of expectations, the depth of the consumer slowdown can no longer be denied.

clock January 8, 2009David Moin and Alexandra Steigrad and Evan Clark and Arnold J. Karr

Human Resources

Chico’s Taps Former Hilfiger Exec

David Dyer, former head of Tommy Hilfiger and Lands’ End, is taking the reins at Chico’s FAS Inc. as president and ceo.

clock January 8, 2009David Moin

Peter Som


Peter Som, Creative Design Studios Split

Designer cancels February show.

clock January 8, 2009Marc Karimzadeh

Stila's Foxy Doll beauty set.

Color Cosmetics

Getting Dolled Up: Stila and Mattel Make a Deal

With its new partnership with Mattel Inc., Stila Cosmetics hopes to prove that the toy company’s highest-profile figurine is more than just a doll.

clock January 9, 2009Julie Naughton

Inside Ulta's newly opened Chicago store.

Real Estate

Beauty Retailers Put the Brakes on Store Openings

The turbulent economy has uprooted expansion plans for a host of beauty retailers, like Ulta and Walgreens.

clock January 9, 2009Molly Prior

Genifique Youth Activating Concentrate

Skin Care

Lancome Debuts Skin Transformer

With its latest product launch, Genifique Youth Activating Concentrate, Lancome is hoping to establish a new definition of skin care.

clock January 9, 2009Julie Naughton and Pete Born

Allan's Midtown location.

Beauty Features

Hair Guru John Allan Brings Club to Chicago

John Allan’s, the men’s salon concept, has ventured into the Windy City.

clock January 9, 2009Matthew W. Evans

An ad visual for CK One.


Klein to Inaugurate TV Fragrance Spots

Calvin Klein plans to bring new attention to its CK One franchise with a new TV campaign to be launched Jan. 20.

clock January 9, 2009Julie Naughton

Beauty Features

Snippets: Kyoku for Men… Agent Provocateur’s Trunk Show…

Kyoku For Men is offering an east-meets-west take on men’s skin care.

clock January 9, 2009WWD Staff

The new MAC store in Buenos Aires.


MAC Takes Buenos Aires by Storm

MAC Cosmetics, a globally popular product of choice for professional makeup artists, has chosen this Argentine city to represent the brand in South America.

clock January 9, 2009Moira Malandra

Daisy Fuentes


Daisy Fuentes Targets Multicultural Consumer

The former MTV host is entering the hair industry with Daisy Fuentes Style Pro, a hair care line by Beautology Brands Company.

clock January 9, 2009Rachel Brown

Robert Downey Jr. on the Men’s Vogue cover.


Memo Pad: Men’s Vogue Doubles Up… Promotions at Tom Ford…

Conde Nast has found a way to keep Men’s Vogue alive after shrinking the title to a twice-a-year publication in October.

clock January 9, 2009WWD Staff

Marisa Tomei in Donna Karan


A Lower-Key Golden Globes

The Golden Globe Awards will have the patina of Hollywood glamour — just a bit more low-key than usual.

clock January 9, 2009Marcy Medina and Sophia Chabbott and Rachel Brown

Fashion Features

Katie Holmes’ SoHo Spree… Tinsley Without Topper?… Fergie’s Bling I Do…

Katie Holmes caused a commotion at Dean & DeLuca when she cruised into the gourmet store carrying 2-year-old daughter, Suri, who was wearing a tartan dress.

clock January 9, 2009WWD Staff

Government and Trade

Accessories Led Surge in Countefeit Seizures in 2008

Counterfeit accessories seizures continued to increase, while the amount of fake apparel declined in 2008.

clock January 9, 2009Liza Casabona

Mike Setola, Daniel Schwarzwalder and Larry Leeds.

Fashion Features

YMA Dinner Raises $1M for Scholarships

Zac Posen, Mindy Grossman and Les Steiger honored at YMA gala.

clock January 9, 2009Jean E. Palmieri


Calypso Taps Foyle as President

Calypso, the multifaceted retailer with 33 stores, has named former J. Crew executive Jennifer Foyle as president.

clock January 9, 2009Rosemary Feitelberg


NRF Attracts Top Retail CEOs

Lee Scott, Burt Tansky and Mike Ullman are scheduled to speak at next week’s National Retail Federation convention, or the BIG show.

clock January 9, 2009David Moin


Daily Stock Wrap: January 8, 2009

The day’s best and worst performers.

clock January 9, 2009WWD Staff

President elect Barack Obama

Government and Trade

Obama Gives Major Economic Policy Speech

President-elect Barack Obama argued his case for the economic stimulus package on Thursday in his first major policy speech since the election.

clock January 9, 2009Kristi Ellis and Liza Casabona

Gottschalks is seeking investment capital to help it stay afloat.


Gottschalks Looks to Avoid Bankruptcy

Talks ongoing with Everbright and second potential investor.

clock January 9, 2009Vicki M. Young

Financial to Shutter Retail Operation, the designer e-commerce site launched in 2000, will close the retail portion of the site over the next six months.

clock January 9, 2009Julee Kaplan

Inside Moschino.


Andretta Exits Moschino

Executive said in line for posts at Itierre, Lanvin

clock January 9, 2009Miles Socha and Andrew Roberts

The Body Shop


Prestige Market Still Reeling

Dismal. It is a picture that many beauty retailers, manufacturers and industry observers painted in describing this holiday season.

clock January 9, 2009Matthew W. Evans and Molly Prior and Julie Naughton

Mass stores slashed prices post-holiday


Mass Beauty Survives Christmas

It has been well documented that this past holiday season was one of the worst in more than 15 years.

clock January 9, 2009Faye Brookman and Andrea Nagel


Europeans Regroup

There’s been a marked slowdown in the European marketplace.

clock January 9, 2009Stephanie Epiro and Brid Costello and Susan Stone


Today's Must Read

Jennifer Lawrence


EXCLUSIVE: Jennifer Lawrence to Front New Dior Fragrance

clock 6hJennifer Weil

Social Studies