War Another Blow For Magazine World Still Reeling From ’02

GDP: $59 billion/$2,500 per capita (2001)

GDP Change: -5.7 percent (annual)

Population: 24 million

Exports, all products: $15.8 billion

Imports, all products: $11 billion

Key products: Oil is essentially Iraq’s…

NEW YORK — With the onset of the war with Iraq and the inclement weather Thursday, retailers throughout the city saw a fall off in foot traffic.

The situation wasn’t helped by much-tighter security throughout the city, with…

Brands like Stila are taking the idea of celebrity pitchwomen a step further, by creating cosmetics collections that are tied into films.

Michel Germain’s scent Immaculate bows today at Bloomingdale’s, and he claims it’s the first all-natural fragrance to be created in 120 years.

Revlon’s retail sales have been looking sunnier, but its horizon remains clouded by its persisting debt load and four-year string of financial losses.

Talk of war and recession dampened the normally ebullient mood of this month’s Cosmoprof as the Italian beauty industry pondered its next step.

NEW YORK — Same-store sales declines of 18 percent made a fourth-quarter loss inescapable for teen retailer Wet Seal Inc.

Weak sales and an aftertax charge of $5.7 million, or 19 cents a share, for inventory write-downs drove the Foothill…

THE OLD RAZZLE BRAZIL: John Galliano is in London this week shooting the fall Dior campaign with his usual photographer, Nick Knight, but without supermodel Gisele Bündchen, who is taking a six-month hiatus. This time, model Michelle Alves will…

WASHINGTON — The top Bush administration official in charge of cargo security told a Senate panel Thursday that many foreign ports are lacking anti-terrorism measures, which could lead to increased inspections and arrival delays of their…

NEW YORK — Expense control and gross margin improvement boosted Goody’s Family Clothing earnings in the fourth quarter, despite sales shortfalls.

The Knoxville, Tenn.-based retailer of moderately priced apparel said Wednesday that…

NEW YORK — The list is growing longer of those celebrities who may not attend the Oscars on Sunday night due to war concerns.

Tom Hanks, and Rita Wilson, Jada Pinkett Smith and Will Smith, and Goldie Hawn have canceled their appearances…

MADRID — It’s not every day that an actress makes an indelible impression in a role that requires lying comatose for the duration of a film. “My whole world was reduced to eyelids and swallowing,” says Leonor Watling, the star of Pedro…

NEW YORK — The beauty industry’s longtime practice of hitching a new product to Hollywood has taken a different twist with the advent of Stila’s new color kits, connected with “Legally Blonde 2: Red, White and Blonde.” It’s the…

Publishers and ad execs are divided on what impact the Iraqi war will have on media buying in the third quarter.

A WINK AND A NOD: Tyler Brulé’s fans should start speaking up, because his enemies are making themselves heard loud and clear. An anonymous one recently sent an e-mail outlining some of his alleged failures at Wink, the creative consultancy…

Compagnie Financière Richemont warned that its operating profits could fall by up to 40 percent in the year ending March 31.

In his first conference call at the helm of J. Crew, Millard Drexler described problems at the company and discussed some of his plans.

Hermès International said Thursday that it would press ahead with its expansion drive, despite a “difficult” international political climate.

NEW YORK — Can Millard “Mickey” Drexler stop the bleeding at J. Crew Group?

Drexler, named chairman and chief executive of J. Crew in January after finishing his glorious tenure at Gap Inc. on an inauspicious note will have his work cut…

NO GRAVY FOR TURKEY: The White House reconfirmed Thursday that it is no longer offering Turkey a multibillion dollar economic aid package, despite a vote by Turkey’s parliament to allow the U.S. to use its air space in the war against Iraq. White…

The Oscars will be just one stop on C.Z. Guest’s packed California itinerary…It’s good to be the Cadillac…Onto the next one with Jade Jagger.

NEW YORK — Inditex Group kept its winning streak alive in 2002, posting growth in sales, operating income and net income in excess of 20 percent.

The La Coruna, Spain-based operator of Zara and six other fashion nameplates even managed to…

GENEVA — Fears are escalating among some of?the U.S.’s principal trading partners that the outbreak of the war with Iraq could stall, or even derail, the Doha global trade talks, senior diplomats said.

The preliminary assessments in…

The industry is speculating on whether Procter & Gamble will be able to compete successfully against L’Oréal in the professional salon arena.