Tory Burch Says ‘Hola’: Designer Sells Minority To Mexican Equity Firm

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After a yearlong search for additional financing, Tory Burch has sold a minority stake in her more than $200 million firm to Tresalia Capital, a Mexico based investment company.SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Sweaters and jeans are a key initiative at Coldwater Creek.

Human Resources

Jessup to Join Coldwater

Jerome Jessup found a new home at Coldwater Creek Inc., where he will be executive vice president and creative director as of Aug. 3.

clock July 23, 2009Evan Clark


Retail Stocks Soar 2.7 Percent Thursday

S&P Retail Index advanced 9.29 points to 352.53, the first close over 350 since Oct. 1.

clock July 24, 2009Evan Clark and Matthew Lynch and Alexandra Steigrad


Moody’s Downgrades Barneys

Barneys New York was downgraded by Moody’s yesterday due to liquidity concerns. Moody’s action covers about $270 million of rated debt securities.

clock July 24, 2009David Moin and Arnold J. Karr



Economy Weighs on Japan’s Beauty Market

Mascara and antiaging skin care sales are strong, but other beauty categories suffer in Japan.

clock July 24, 2009Kelly Wetherille

Hairstylist John Nollet partnered with Louis Vuitton for his hair tour.

Beauty Features

Snippets: A $1,400 Haircut… Pharmaca CEO… Top Blogs…

Mark Panzer has been named chief executive officer of Pharmaca Integrative Pharmacy Inc.

clock July 24, 2009WWD Staff

Hairstylists Sandra and Brian Smith.


Cosmoprof Offers Solutions to Fix Slumping Biz

At Cosmoprof, beauty firms embrace reinvention.

clock July 24, 2009Andrea Nagel

No Gray


DeveloPlus’ New Take on Covering Grays

A company DeveloPlus that helped solve the problem of a bad at-home hair color job now tackles grey hair.

clock July 24, 2009Faye Brookman

K-Pak Color Therapy


Joico Targets Color-Treated Hair With K-Pak Therapy

Joico is expanding its best selling K-Pak brand to target those with color-treated hair.

clock July 24, 2009Alissa Cherry

CND’s new polishes.

Color Cosmetics

Creative Nail Design Overhauls Polish Ranges for Salons

CND has stopped production of all its original nail polish colors and, starting Sept. 1, will begin distributing a new 50-color polish line.

clock July 24, 2009Alissa Cherry

EcoTools accessories.

Human Resources

Alicia Silverstone Tapped for EcoTools Natural Line

Alicia Silverstone, known for her environmental and animal welfare activism, is partnering with EcoTools to launch a cosmetics brush and cosmetics storage line.

clock July 24, 2009Julie Naughton

Prevage Day


Elizabeth Arden Adds to Prevage Line

Elizabeth Arden Inc. is building its antiaging arsenal for fall with the introduction of Prevage Day Ultra Protection Anti-Aging Moisturizer SPF 30 PA++.

clock July 24, 2009Gillian Koenig

Nars’ new Sheer Glow foundation.

Color Cosmetics

Nars to Launch Foundation, Mascara Offerings

Nars is looking to build a strong foundation business with its new Sheer Glow and Sheer Matte foundations.

clock July 24, 2009Julie Naughton

The Issey Miyake ad.


Issey Miyake’s Fragrance Sequel: A Scent

Seventeen years after introducing the blockbuster fragrance L’Eau d’Issey, Parfums Issey Miyake will launch A Scent By Issey Miyake for women this fall.

clock July 24, 2009Jennifer Weil

Jennifer Lopez’s latest scent, My Glow, is inspired by the experience of mothering her 17-month-old twins.


Jennifer Lopez’s “My Glow” Scent Inspired by Motherhood

Jennifer Lopez and Coty will launch “My Glow” perfume this fall.

clock July 24, 2009Julie Naughton

The ad visual for Eau Mega by Viktor & Rolf.


Viktor & Rolf Aiming for ‘Mega’ Hit

Designers Viktor Horsting and Rolf Snoeren are storytellers. So is it any surprise the starting point for their second women’s fragrance was the name?

clock July 24, 2009Jennifer Weil

John Varvatos’ Rock Volume One.


Varvatos’ Rock ‘n’ Roll Turn

A new limited edition John Varvatos scent, called Rock Volume One, declares that the designer is the king of rock.

clock July 24, 2009Matthew W. Evans


France Relaxes Sunday Trading Laws

The law, which allows for more store to open in Sunday was passed 165 to 159, is far from being applied.

clock July 24, 2009Elena Berton

The new design floor at La Rinascente.


La Rinascente Unveils Design Floor

Department store La Rinascente’s new area displays range of design products.

clock July 24, 2009Luisa Zargani


CIT ‘Prepack,’ Factoring Sale Seen More Likely

J.P. Morgan, GMAC and W.L. Ross reported to eye factoring arm of CIT Group.

clock July 24, 2009Vicki M. Young


Inter Parfums Sales Fall in 2nd Qtr.

Inter Parfums company expects improvement in back half of year.

clock July 24, 2009Matthew W. Evans and Jennifer Weil

The new Tory Burch store is located in the Meatpacking District.

Business Features

Tory Burch Sells Minority Stake to Tresalia

Mexico City-based equity firm Tresalia Capital purchases stake in Tory Burch, completing the designer’s year-long search for additional financing.

clock July 24, 2009Julee Kaplan

Government and Trade

U.S. Sets Issues for China Talks

Trade deficit and changes in economies on top of list

clock July 24, 2009Liza Casabona

Government and Trade

Federal Minimum Wage Increases Today

Debate continues about impact of federal minimum wage increase and the law’s effect on retailers.

clock July 24, 2009Kristi Ellis

A sketch of Katherine Heigl’s Emporio Armani dress in “The Ugly Truth.”

Fashion Scoops

Armani for Katherine Heigl… Ready Replay… Here’s the Scoop…

It’s no secret Giorgio Armani has a thing for Hollywood, from “American Gigolo” to “The Untouchables” to red carpets around the globe.

clock July 24, 2009WWD Staff


NEI Fashion Buys Jeweler Penny Preville

Takes company out of bankruptcy.

clock July 24, 2009Sophia Chabbott

T by Alexander Wang

Designer and Luxury

Alexander Wang Launches T for Men

Alexander Wang has designed a range of basic tops for men under his T by Alexander Wang label.

clock July 24, 2009Jean Scheidnes

The ION Orchard facade.

Real Estate

Luxury Reigns at Singapore’s ION Orchard Mall

ION Orchard first in wave of openings.

clock July 24, 2009Ong Soh Chin


Memo Pad: Times Revenue Drops… Chanel Crossing…

The New York Times Co. on Thursday reported a 21 percent drop in second-quarter revenues, to $584.5 million.

clock July 24, 2009WWD Staff

St. John RTW Spring 2010

Designer and Luxury

St. John Focuses on Brand’s DNA

Luxury firm St. John presents 2010 resort and spring collection.

clock July 24, 2009Marcy Medina

Nicky Zimmermann cruise 2010.


Zimmerman Eyes Expansion

Swim firm Zimmerman seeks store location.

clock July 24, 2009Kim Friday


Kellwood Secures New Financing

Deutsche Bank and other bondholders reach agreement on new notes, allowing the firm to avoid bankruptcy.

clock July 24, 2009Vicki M. Young


Daily Stock Wrap: July 23, 2009

The day’s gainers and losers.

clock July 24, 2009WWD Staff


Today's Must Read

Jennifer Lawrence


EXCLUSIVE: Jennifer Lawrence to Front New Dior Fragrance

clock 8hJennifer Weil

Social Studies