Imploding Retail World: A Struggling Fortunoff Could Be Next to Vanish

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Add Fortunoff to the list of well-known retailers that might disappear from the American landscape.SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue


Avon Fourth Quarter Net Hits $232.4M

Pressured by the recession, Avon Products managed to boost profits by 80.3 percent.

clock February 3, 2009Molly Prior

Business Features

Claiborne to Cut 725 Jobs

Firm to reduce U.S. workforce by 8 percent.

clock February 3, 2009Whitney Beckett

An image from the behind-the-scenes video of Gwyneth Paltrow’s latest ad campaign for Tod’s, shot by Mikael Jansson

Marketing and Promotion

Crafting a Celebrity Image for Tough Times

Flash is out, substance is in as consumers evolve.

clock February 4, 2009Cecily Hall


Retail Stocks Up 3.3%

Recent job cuts bolster store shares.

clock February 4, 2009Arnold J. Karr

Government and Trade

Obama Taps Gregg for Commerce Post

President Barack Obama reached across party lines when nominating pro-trade politician Sen. Judd Gregg for commerce secretary.

clock February 4, 2009Kristi Ellis and Liza Casabona


Delta Apparel Reports Profit in Q2

Delta Apparel Inc. reported a second-quarter profit, reversing a year-ago loss.

clock February 4, 2009Alexandra Steigrad


G-III Cuts Exec Pay, 401(k) Match

G-III said it reduced the base salary of Morris Goldfarb, chief executive officer, and other top execs by 20 percent.

clock February 4, 2009Matthew Lynch


IT Holding Considers Proposal

IT Holding SpA might have found a solution to its beleaguered financial situation, although the outcome remains uncertain.

clock February 4, 2009Andrew Roberts

Dara Pauker

Human Resources

Custo Picks Pauker as North America CEO

Custo Barcelona has hired Dara Pauker, former VP of brand operations at Liz Claiborne, as chief executive officer of North America.

clock February 4, 2009Whitney Beckett

Viola Davis in David Meister and Judith Ripka.


Lovely Oscar Newcomers Learn the Ropes

First-time Oscar nominees Melissa Leo, Taraji P. Henson and Viola Davis are getting a dizzying initiation.

clock February 4, 2009Marcy Medina

Freida Pinto in Marchesa.

Fashion Features

Awards Season’s It Girl

Spotlight shines on Slumdog’s Freida Pinto.

clock February 4, 2009Marcy Medina


Memo Pad: Giorgio’s New Man… Details Moves… Westwood Heads West…

Giorgio Armani may finally have found a new head of communications… The New York Times is mostly free to readers on the Web…

clock February 4, 2009WWD Staff

Government and Trade

Labor Stages Push for Employee Free Choice Act

Thousands of workers march to Capitol Hill to deliver petition with 1.5 million signatures.

clock February 4, 2009Kristi Ellis

A military jacket from Logo by Lori Goldstein for QVC.

Ready To Wear

QVC Hits the Catwalk

QVC is moving full steam ahead with its runway show at Mercedes-Benz Fashion Week, set for Feb. 14.

clock February 4, 2009Marc Karimzadeh

Saks Fifth Avenue’s new contemporary space.


Saks’ New Attitude

Saks is rolling out youthful styles and a revamped contemporary department to weather the economy.

clock February 4, 2009Jessica Iredale

Look from Elizabeth and James.


The Chosen Ones: Lines in Saks’ Contemporary Space

Joseph Boitano explains why the 15 collections in Saks’ new contemporary space are necessary now.

clock February 4, 2009WWD Staff

Jennifer Aniston


The Next Famous Face for Your Brand

E-Poll Market Research has provided top female celebrities who were ranked first by appeal.

clock February 4, 2009WWD Staff

Lorraine Schwartz and Beyoncé

Fashion Scoops

Beyoncé Boogies… Stella’s Moves… Murakami in Bilbao…

When Lorraine Schwartz hosts a party, prepare for a late start, bottle service and celebrities — lots of celebrities.

clock February 4, 2009WWD Staff

Lincoln Center’s Damrosch Park will be the site of the fashion shows, beginning in September 2010.

Fashion Features

Industry Reacts to Lincoln Center Move

New York Fashion Week is heading to Lincoln Center, but the move received a mixed reception from designers and retailers.

clock February 4, 2009WWD Staff


LVMH Denies Interest in Coach

LVMH Moët Hennessy Louis Vuitton spokesman denies interest in acquiring Coach.

clock February 4, 2009Miles Socha

Business Features

Neiman Marcus January Comps Tumble

The unexpectedly severe luxe pullback has luxury retailer Neiman Marcus projecting a loss for its second quarter.

clock February 4, 2009Evan Clark

The flagship in Westbury, N.Y.

Business Features

Struggling Fortunoff Could Be Next to Vanish

Add Fortunoff to the list of well-known retailers that might disappear from the American landscape.

clock February 4, 2009David Moin


Daily Stock Wrap: February 3, 2009

The day’s top gainers and losers.

clock February 4, 2009WWD Staff


Today's Must Read

Chanel Cruse 2019


Chanel Spends Big on Manhattan Headquarters

clock 38mKathryn Hopkins

Social Studies