Balancing the Books: Jones’ $810M Charge Could Signal a Trend

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If Jones Apparel Group’s $810 million noncash writedown for goodwill and trademarks is any guide, accountants might exact an even bigger toll on fourth-quarter profits than stingy consumers. SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Macy’s has goodwill on its books from its acquisition of May, which included Marshall Field’s.

Business Features

Balancing the Books:Jones’ $810M Charge Could Signal a Trend

Fashion companies of all stripes, like Jones Apparel Group, could post far steeper losses than weak sales would dictate as they write down goodwill.

clock January 22, 2009Evan Clark

A recent cover of In Style magazine.


Brubaker Out as In Style Publisher

Lynette Harrison Brubaker is leaving the Time Inc. magazine after a seven-year run at the helm.

clock January 22, 2009Stephanie D. Smith

Business Features

Lanvin Taps Andretta as EVP

Exclusive: Former Moschino executive to take management post at fast-growing French house.

clock January 22, 2009Miles Socha

Green by Nature Girl’s lip butter.

Color Cosmetics

Heavy Promos Aim to Capture Wary Shoppers

Mineral makeup and natural products continued to be a strong theme among many manufacturers showing their wares during ECRM’s Efficient Program.

clock January 23, 2009Faye Brookman and Andrea Nagel


Inter Parfums Sales Drop in 4th Qtr.

Fourth-quarter sales at New York-based Inter Parfums Inc. dropped 15.7 percent to $100.6 million from $119.4 million in the same period a year ago.

clock January 23, 2009Matthew W. Evans and Brid Costello

An ad for the new fragrance.

Fashion Features

Nuit de L’Homme: YSL’s Sensual Man

YSL Beaute will launch La Nuit de L’Homme, a men’s scent from Yves Saint Laurent Parfums, due out at the end of February.

clock January 23, 2009Jennifer Weil

John Varvatos

Fashion Features

Varvatos Looks to Boost Scent Business

John Varvatos is poised to launch his third men’s scent, a fragrance called Artisan.

clock January 23, 2009Matthew W. Evans

Kristin Davis

Body Care

Dead On: Kristin Davis on Ahava and the Big Screen

Kristin Davis wants everyone out there using the salt, namely, Ahava’s new Mineral Botanic body wash line with Dead Sea salts.

clock January 23, 2009Julie Naughton

Ron Robinson

Skin Care

Info Site Launches

Beauty exec Ron Robinson launches, a website with unbiased products views, opinions, and advice.

clock January 23, 2009Andrea Nagel

Prada's Infusion de Fleur d'Orange.


Prada Designs Limited Edition Fragrance

Prada is exhibiting a democratic spirit with its newest scent, Infusion de Fleur d’Oranger, due in March.

clock January 23, 2009Julie Naughton

The scent’s ad.

Fashion Features

Diesel Shifts Into High Gear With Only the Brave

Diesel is taking a bold-fisted approach with its first solo men’s fragrance, Only the Brave.

clock January 23, 2009Melissa Drier

The scene outside Saks on Fifth Avenue Thursday afternoon.


Shoppers Seek Beauty Freebies

Major retailers, including Saks, Bergdorf Goodman and Macy’s, will distribute $175 million worth of complimentary cosmetics.

clock January 23, 2009Belisa Silva


Eddie Bauer Reports Lower Sales

Eddie Bauer Holdings Inc. on Thursday reported lower sales and estimated earnings results for the fourth quarter.

clock January 23, 2009Alexandra Steigrad and Arnold J. Karr


Study Sees Sales Opportunity

Deutsche Bank report identifies more than $25B in volume.

clock January 23, 2009Sharon Edelson


Tommy Hilfiger Focuses on E-commerce, Accessories Brought in House

Tommy Hilfiger USA Inc. is focusing more on its e-commerce presence and continuing to bring its accessories business back in-house.

clock January 23, 2009Whitney Beckett


Daily Stock Wrap: January 22, 2009

The day’s gainers and losers.

clock January 23, 2009WWD Staff

Helena Christensen

Fashion Scoops

In Helena Christensen’s Eyes… Three on the Bund Denies Rumors…

Helena Christensen will lend her lens to shoot Eric Wright’s debut catwalk show for Façonnable.

clock January 23, 2009WWD Staff


Memo Pad: Meredith Sees Tougher Times… Playboy Reshuffles…

Net earnings for Meredith Corp. were down 65 percent, to $12.5 million, thanks to a special charge of $16 million that included the cost of layoffs.

clock January 23, 2009WWD Staff

Taraji P. Henson


2009 Oscars: Red Carpet Ready

Hathaway, Jolie, Winslet and Cruz among Oscar nominees.

clock January 23, 2009Marcy Medina

Kanye West and Marc Jacobs.

Fashion Features

Kanye on the Sole

Kanye West on Vuitton and sneakers.

clock January 23, 2009Emilie Marsh


J. Lindeberg Taps D’Agostin

Stockholm-based J. Lindeberg hires new design director, Pierangelo D’Agostin, who has worked in the past for Jil Sander.

clock January 23, 2009David Lipke

The new Juicy Couture in Las Vegas.


West Watch: American Apparel’s Pullback… Juicy Double…

Juicy Couture has opened a second Las Vegas store… American Apparel Inc. has closed its only U.S. California Select vintage store, located in Echo Park…

clock February 4, 2009WWD Staff


Today's Must Read


Marc Jacobs Beauty Celebrates Pride With #GratefulNotHateful Campaign

clock 1hAlexa Tietjen

Social Studies