Lower prices whetted consumers’ appetite to shop, giving Abercrombie & Fitch Co. a 29 percent bump in third-quarter profits, but the teen retailer warned that gross margins in the fourth quarter would be down slightly due to more markdowns.
This story first appeared in the November 17, 2010 issue of WWD. Subscribe Today.
Phoebe Philo is returning to fashion.
WWD reported yesterday that the English designer is planning a new collection and has been interviewing designers.
One of the most acclaimed designers of her generation, Philo made her name during a 10-year tenure at Celine. Season after season, she minted low-key modernist clothing and handbags and built an intensely loyal fan base.
Philo said the above quote in an exclusive interview when she joined @celine in 2008.
Report: Miles Socha & Samantha Conti
The Hervé L. Leroux label is returning to ready-to-wear.
The revived line will be presented to buyers during Paris Fashion Week and is designed by the late couturier’s sister Jocelyne Caudroy.
"Hervé left a fantastic heritage [of sketches and unfinished works]. When the project was suggested, I thought of Virginie Viard and how she had worked alongside Karl Lagerfeld. I accepted because this way, I can preserve the way Hervé worked. To continue, when given the opportunity, is important because this heritage lives within us,” Caudroy said.
📸: WWD Archives
French beauty exports grew 9% in 2019.
The sector’s sales to China rose 48 percent on-year.
Overall, France’s largest export beauty product category was skin care, which generated more than 7.3 billion euros, up 46 percent over the past five years.
Tap the link in bio for more.