Arnault on Hermès: An ‘Unexpected’ Stake

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With LVMH Moët Hennessy Louis Vuitton facing scrutiny about whether it respected market rules in amassing a 22.6 percent stake in Hermès, Bernard Arnault declared that he came into the holding unexpectedly.SEE LIST BELOW FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Karen Murray and Mayor Michael Bloomberg


Gala Raises Over $1M for Marfan Foundation

The annual dinner raises awareness and funds for the organization that works with patients to navigate the health issues associated with the disease.

clock April 15, 2013Jean E. Palmieri

Reed Krakoff


Whitney Museum Honors Reed Krakoff

The museum held its annual American Art Award dinner on Tuesday night at the Highline Stages.

clock April 17, 2013Taylor Harris

A Carrefour hypermarket.


Carrefour Sales Slip 1.3% in Q1

The retailer was hit by continued weakness in Europe and the depreciation of Latin American currencies.

clock April 18, 2013Joelle Diderich

A view of Sandro.

Mergers and Acquisitions

KKR Buys Majority of Sandro, Maje Group

The American private equity fund will own 65 percent of the French fashion chains.

clock April 18, 2013Miles Socha and Laure Guilbault and Jessica Iredale

Clare Waight Keller

Fashion Scoops

Chloé’s 60th Birthday Bash Hits Tokyo

The brand’s creative director Clare Waight Keller mingled with Japanese editors before heading to Hong Kong for a store opening.

clock April 18, 2013Amanda Kaiser


Carrera by Jimmy Choo Eyewear to Launch

The Safilo Group-owned brand and Jimmy Choo inked a design, production and distribution agreement.

clock April 18, 2013Cynthia Martens

Fashion Features

Pringle to Show Men’s Wear During London Collections: Men

The brand’s men’s wear line will leave Milan and join Burberry, Jimmy Choo and Rag & Bone in London.

clock April 18, 2013Julia Neel


Macy’s Loses Bid to Stop J.C. Penney From Selling Unbranded Wares

Appeals court denies temporary restraining order against J.C. Penney.

clock April 18, 2013Alexandra Steigrad

L’Oréal's Advanced Haircare products.


L’Oréal Q1 Sales Gain 5.1%

Gain driven in part by business from its Consumer Products, Luxe and Active Cosmetics divisions, as well as from Western Europe and North America.

clock April 18, 2013Jennifer Weil

Bernard Arnault

Business Features

Bernard Arnault on Hermès: An ‘Unexpected’ Stake

Speaking at LVMH’s annual general meeting in Paris, the luxury titian reiterated that his intentions toward the company are peaceful.

clock April 18, 2013Joelle Diderich

Kiehl’s Skin Rescuer

Skin Care

Kiehl’s Latest Product to Minimize Stress on Skin

The Skin Rescuer Stress-Minimizing Daily Hydrator is looking to change the way internal stress manifests on the skin.

clock April 19, 2013Julie Naughton

Adidas' "Boston Stands as One" T-shirt.


Adidas Unveils Shirt to Benefit Boston Marathon Victims

The brand introduced a limited-edition “Boston Stands as One” T-shirt Thursday to benefit victims of Monday’s bombings.

clock April 18, 2013Rosemary Feitelberg

Björn Gulden

Business Features

Björn Gulden Taking Reins at Puma

The stock market may have reacted with a shrug, but those who know the newly appointed ceo say the company is in safe hands.

clock April 18, 2013Samantha Conti and Joelle Diderich

Alber Elbaz, Nikki Chow and Lucas Ossendrijver

Designer and Luxury

Alber Elbaz Hits Hong Kong for Lanvin Opening

The designer visited for a few days to oversee and celebrate the opening of the brand’s new flagship, its seventh location in the city.

clock April 18, 2013Ellen Sheng

Reinaldo Herrera, Carolina Herrera and Nicky Haslam.


Carolina Herrera Toasts Nicky Haslam’s Latest

The designer hosted a cocktail reception for the interior decorator’s new book Wednesday.

clock April 18, 2013Matthew Lynch

Opening Ceremony store in Tokyo.


Opening Ceremony Unveils New Tokyo Store

The retailer has relocated its flagship to a smaller space on the city’s trendy Cat Street in the Omotesando district.

clock April 18, 2013Amanda Kaiser

Italo Zucchelli and Christine Quinn


Calvin Klein Hosts Human Rights Campaign Reception

The brand showed its support for marriage equality at its Madison Avenue flagship on Wednesday.

clock April 18, 2013Taylor Harris

Kate Hudson


Kate Hudson Talks Ann Taylor at Hot Pink Party

The actress was on hand to present the Sandra Taub Humanitarian Award to Kay Krill.

clock April 18, 2013Julie Naughton

Clinique’s Dramatically Different Moisturizing Lotion +

Skin Care

Clinique’s Moisturizing Lotion Gets an Update

Redubbed with a plus symbol after the name, the brand’s Dramatically Different Moisturizing Lotion will be relaunched this summer with global media fanfare.

clock April 18, 2013Pete Born


J.C. Penney Draws Sears Comparison

The retailer’s nearly $1 billion loss and 25 percent sales decline last year leave it in mostly uncharted retail waters.

clock April 19, 2013Evan Clark

The beauty department at the Wal-Mart in Secaucus, N.J.


Wal-Mart Refines Beauty Approach

The retailer’s latest prototype began rolling out to the chain’s 4,000-plus stores earlier this year, and Jody Pinson stepped in as the new head of beauty.

clock April 19, 2013Faye Brookman

Sarah Hyland for Calgon.


Critical Mass: Lighter Scents Drive Fragrance Category

Ongoing declines in traditional eaux de toilette can be traced to consumer preferences for lighter mists, which also carry reduced price tags, said retailers.

clock April 19, 2013Faye Brookman

Christina Voros


The Director’s Cut: Christina Voros Discusses Her Gucci Documentary

Shot over the course of 18 months, “The Director: An Evolution in Three Acts” gives a glimpse into the public and private lives of Frida Giannini.

clock April 19, 2013Taylor Harris


Industry Figures Make the 2013 Time 100 List

Michael Kors, Jay-Z, Jenna Lyons, and Tadashi Yanai made the magazine’s list of the 100 most influential people in the world.

clock April 19, 2013Lisa Lockwood


Miu Miu Taps Valérie Lebérichel

She has been named the brand’s new worldwide communications and external relations director, effective Monday.

clock April 19, 2013Miles Socha

Protesters in front of Juicy Couture’s Fifth Avenue flagship.

Fashion Scoops

Retail Action Project Stages Protest at Juicy Couture Flagship in N.Y.

Petition claims that the retailer has been laying off full-time workers and making them part-time employees to avoid paying health benefits and paid sick days.

clock April 19, 2013Lisa Lockwood

Fashion Scoops

Hamish Bowles to Present Thom Browne With Pratt Fashion Visionary Award

The Vogue international editor at large received the honor in 2011.

clock April 19, 2013Erik Maza

Fashion Scoops

Council of Fashion Designers of America Launches Sustainability Committee

Chaired by Scott Mackinlay Hahn of Rogan/Loomstate and Melissa Joy Manning, it aims to inspire members to work in more eco-friendly ways.

clock April 19, 2013Marc Karimzadeh


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