Shopping Is So Passé: Wal-Mart CEO Foresees New Consumer Mind-set

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The economy will turn around some day — but don’t expect conspicuous consumption to make a comeback.SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue


Reinet in Talks to Acquire Lehman Bros. Unit

Richemont spinoff would take participate in partial buyout of investment firm’s private equity business.

clock January 12, 2009Samantha Conti

Gregory Scott addressing the WWD CEO Summit in 2005.

Human Resources

Bebe CEO Gregory Scott Resigns

Manny Mashouf assumes post.

clock January 12, 2009Arnold J. Karr and Matthew Lynch

H. Lee Scott

Fashion Features

Wal-Mart CEO Sees New Consumer Mind-set

Ceo H. Lee Scott predicts the first half of ’09 will be “extraordinarily challenging.”

clock January 12, 2009Sharon Edelson


Hugo Boss Confirms Brashear… Waterford Wedgewood Cuts Staff…

The Hugo Boss Group named Mark Brashear as the company’s first president and chief executive officer for the Americas.

clock January 13, 2009WWD Staff

Pakistan’s textile exports have dropped 20 percent.


Pakistan Textile Sector Steps Up Pressure

Industry warns of shutdown unless demands met.

clock January 13, 2009Mahlia S. Lone

Bowery Event Space

Designer and Luxury

Designers Entertain Offsite Locations for Fall shows

With New York Fashion Week just a month away, several designers are leaning toward off-site locations, but have yet to commit.

clock January 13, 2009Rosemary Feitelberg

Scott Barnes

Color Cosmetics

Scott Barnes’ Makeup Discontinued

Celebrity makeup artist Scott Barnes said his namesake cosmetics brand has been discontinued after a relationship with investors soured.

clock January 13, 2009Rachel Brown

Johannes Verhoog


Verhoog Takes Reins at Mäurer & Wirtz

Johannes Verhoog has taken over as managing director at German perfume manufacturer Mäurer & Wirtz.

clock January 13, 2009Susan Stone


New Scents Propel Ferragamo Parfums

The beauty arm of Salvatore Ferragamo recorded sales growth in 2008 for the fifth consecutive year.

clock January 13, 2009Stephanie Epiro


Retail Stocks Slip 2.8 Percent

Moody’s placed privately held Neiman Marcus Inc.’s ratings under review for possible downgrade.

clock January 13, 2009WWD Staff


Primark to Probe Illegal Labor Claims

News reports allege unfair wages, illegal workers at one of Primark’s U.K. suppliers, TNS Knitwear in Manchester.

clock January 13, 2009Nina Jones


Ellen Tracy Signs Deal for Intimates Line

Komar Co. will produce the first collection of intimates bearing the Ellen Tracy name.

clock January 13, 2009Karyn Monget

Domino February 2009 Cover


Growing Empire… Scary Prince Harry… WSJ.’s New Designer…

Bill Wackermann is expanding his reach… The big royal news over the weekend was… Looking to capitalize on its history, Vogue has opened its archive…

clock January 13, 2009WWD Staff


AJC to Honor John and Laura Pomerantz

John and Laura Pomerantz will be honored Monday by the American Jewish Committee as the recipients of this year’s National Human Relations Award.

clock January 13, 2009Lisa Lockwood

The Israeli military action in Gaza beagn on Dec. 27.

Government and Trade

Israeli Companies Undeterred by Gaza Conflict

Textile factories close to Gaza Strip continue with production despite the serious conflict between Israel and Hamas.

clock January 13, 2009Jessica Steinberg and Liza Casabona


Dismal Holiday Pushes Domestic Mills Over the Brink

The dismal holiday season at retail has forced a slew of textile plant closings.

clock January 13, 2009Ross Tucker

A look from CMC & Click.

Ready To Wear

Careful Buying at Nouveau Collective

Buyers shopped cautiously for well-priced and unusual merchandise at the Nouveau Collective at the Hammerstein Ballroom here.

clock January 13, 2009Lisa Lockwood

Phoebe Philo

Fashion Scoops

Fashion Scoops: Philo’s New Wardrobe… Kilgour Cancels Show…

Sources said Celine has been in talks with Milan-based Aeffe SpA … Savile Row tailor Kilgour has canceled its Paris men’s wear show…

clock January 13, 2009WWD Staff

Nina Ricci Accessories 2009

Fashion Features

Nina Ricci: Theyskens’ Beat Goes On

After showing his pre-fall collection for Nina Ricci, Olivier Theyskens said, ““You have to stay true to what you’re doing.”

clock January 13, 2009Sarah Haight

Drew Barrymore attends the HBO after party.


Golden Globes After Parties: Golden Retrievers

After the Golden Globes, David Duchovny, Harvey Weinstein, and Mary-Louise Parker sipped drinks at the Peninsula Hotel.

clock January 13, 2009WWD Staff

Designer and Luxury

Pozzoni, Valentino Go Separate Ways

Valentino and its men’s wear designer Ferruccio Pozzoni have agreed to part ways after only two seasons.

clock January 13, 2009Alessandra Ilari


Daily Stock Wrap: January 12, 2009

The day’s top gainers and losers.

clock January 13, 2009WWD Staff


Today's Must Read

A$AP Rocky


‪A$AP Rocky, Takashi Murakami Join The Broken Arm and Prada Party

clock 8hMimosa Spencer

Social Studies