SEPHORA RUMOR QUELLED: Industry sources dismissed a rumor that LVMH Moet Hennessy Louis Vuitton has just sold its Sephora perfumery chain to German giant Douglas Perfumery. LVMH “categorically” denied in a release Thursday a published report that Sephora has just been sold. A spokesman at Douglas said: “Douglas does not comment on that sort of rumor.” Sources in the industry, meantime, say Douglas is not interested in the acquisition.
MODEL CAREER?: Fashion Outreach, an organization headed by Bethann Hardison whose aim is to promote fashion to minority youth and others, will sponsor a symposium Oct. 19 at the Parsons School of Design in New York entitled “Who Wants to Be a Supermodel?” Panelists include photographer Marc Baptiste; Donna Rubenstein, a former model editor at Seventeen and author of “The Modeling Life,” and Hardison, who heads Bethann Entertainment and Management Co. The session takes place from 6 to 9 p.m. Admission is $15 for the general public, and $5 for students with a valid ID.
RETAIL STOCKS SWELL: Retail issues surged Thursday, outpacing even the 1.8 percent, or 169.59 point, jump in the Dow Jones Industrial Average, which closed at 9,410.45. Despite declines in comparable-store sales, Federated rose $2.12, to $31.60; May Co. increased $2.71, to $33.56; American Eagle Outfitters picked up $2.09, to $26.99; and Talbots inclined $3.95, to $30.70. Chico’s FAS, with a comp increase of 1.1 percent, advanced $1.35, to $34.45.
COGAN TO DNR: Beverly Weiss Cogan has been named associate publisher of DNR, the weekly men’s wear magazine and a sister publication to WWD. For the past 15 years, Cogan has been at GQ, most recently as executive director of fashion and retail. She succeeds Paula Nobiletti, who left the company.
THINNER AIR AT OXYGEN: Oxygen Media Inc., an Internet and cable TV company aimed at women, this week cut about 14 percent of its staff, or 80 employees, from its workforce of 580 people, the firm said Wednesday. The move reflects the decisions of the privately held media company to shift content from its Thriveonline.net health Web site to Oxygen.com and to shut down its teen-themed site, trackers.net.