Retailers on a Tightrope: Price Cuts Drive Comps As Darker Clouds Loom

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Despite hurricanes, warmer-than-normal temperatures and record-high fuel prices, consumers kept shopping in September, drawn in by early fall promotions. As a result, retailers same-store sales were surprisingly buoyant.

From This Issue

All three Gap divisions suffered negative comps.


Retailers on a Tightrope: Price Cuts Drive Comps As Darker Clouds Loom

Fearing hurricanes and high gas prices would curtail spending, stores went heavy into promotions, resulting in better-than-expected same-store sales.

clock October 7, 2005Meredith Derby


Neiman Marcus Deal Completed

Private equity firms Texas Pacific Group and Warburg Pincus have closed on their $5.1 billion acquisition of The Neiman Marcus Group Inc., the luxury chain said Thursday.

clock October 7, 2005Vicki M. Young


Burberry Shares Fall on Bravo News

Burberry shares fell 4.83 percent Thursday, closing at 4.04 pounds, or $7.19, on reports that Rose Marie Bravo would step down as ceo in July.

clock October 7, 2005Samantha Conti


Tommy Hilfiger Cuts 135 Jobs

Tommy Hilfiger Corp. continues to clean house.

clock October 7, 2005Lisa Lockwood


Goody’s to Be Acquired for $264.3 Million

Goody’s Family Clothing reached an agreement with an affiliate of Sun Capital Partners to be acquired by the investment firm for $264.3 million.

clock October 7, 2005Vicki M. Young

Fashion Features

Quote of the Week

“Nothing is left to chance, but at the same time, Jean Paul is very much creative.”

clock October 7, 2005WWD Staff

Metro 7's Dayanara Torres.


Wal-Mart Launches Contemporary Line

Wal-Mart is launching a brand of urban apparel for women ages 25 to 45 called Metro 7, which will be bolstered by a marketing campaign.

clock October 7, 2005Sharon Edelson


Federated On Track After May Acquisition

Federated issued new guidance for the third and fourth quarters, including slightly reduced outlooks on comp-store sales, but profits are holding up.

clock October 7, 2005David Moin


Fashion Features

Gently Bred – Rochas

Pretty is as pretty does and at Olivier Theyskens’ Rochas, it touched a nerve that longs for fashion to first enhance and then evoke emotion.

clock October 7, 2005WWD Staff

Stella McCartney

Fashion Features

The Breezy Way – Stella McCartney, Dries Van Noten, Givenchy

Soft, billowing shapes have a charming lightness, which is winning in any season, but especially in one that puts simple, quiet looks front and center.

clock October 7, 2005WWD Staff


Fashion Features

In Their Own Fashion – Celine, Sophia Kokosalaki, Hussein Chalayan, Cacharel, Loewe

From fine pleats to floral prints, certain houses have specific signatures, which designers developed further this season. But other firms are still looking for one.

clock October 7, 2005WWD Staff

A look from Azzaro and Seward.

Fashion Features

The Glamorous Life – Azzaro

Vanessa Seward has breathed life into the sleeping beauty with her sexy, updated reinterpretations of the founder’s greatest hits.

clock October 7, 2005WWD Staff

Renata and Agata Kaczoruk

Fashion Features

Fashion Scoops: Breast Kept Secret … Live Wire … Boy Zone …

Lingerie maker Agent Provocateur had a few tricks up its sleeve for the inauguration of its corner at Printemps on Wednesday.

clock October 7, 2005WWD Staff

Fashion Features

Kimora Displays Inner Goddess at Macy’s

Kimora Lee Simmons believes strongly in the brands that bear her name — from her first scent, Baby Phat Goddess, to her underwear.

clock October 7, 2005Julie Naughton and Bryn Kenny

Shu Uemura and Gina Brooke

Fashion Features

Shu Uemura Taps Gina Brooke as Artistic Director

There’s a new face at Shu Uemura: makeup artist Gina Brooke, who has been named artistic director of the brand.

clock October 7, 2005Julie Naughton

Prescriptives' new offering.

Fashion Features

Prescriptives Launches ‘Sugar Free’ Product

It’s no secret that the aging process ain’t so sweet, but Prescriptives is out to prove that sugar may actually be part of the problem, with the launch of Anti-AGE Advanced Protection Lotion SPF 25, in April.

clock October 7, 2005Bryn Kenny

Nicole Farhi's women's scent.

Fashion Features

Nicole Farhi Introduces Fragrance Duo

Nicole Farhi has turned her nose to fragrance for the first time.

clock October 7, 2005Brid Costello

The trio of new products.

Fashion Features

Thibiant Unveils Three Skin Care Items

The new vanguard in skin care is less about surface moisturizing and toning and more about antiaging at the cellular level.

clock October 7, 2005Kavita Daswani

Lorac's Lotsa Lip lip gloss.

Fashion Features

Lorac Lips Off for Spring

Carol Shaw is hoping to give consumers a fat lip this spring.

clock October 7, 2005Julie Naughton

Items from Sally Hansen's 2006 portfolio.

Fashion Features

Sally Hansen Uncovers 2006 Lineup

Del Laboratories’ Sally Hansen unit is bent on building its stable of beauty franchises, one blockbuster product at a time.

clock October 7, 2005Molly Prior

Fashion Features

Amazon Beauty Turns One

Despite a home page featuring a smoldering fall makeup look and the Allure magazine banner,’s Beauty Store doesn’t gush glamour.

clock October 7, 2005Andrea Nagel

Advanced Beauty Systems' Chris McClain.

Fashion Features

Critical Mass: Suppliers Share How to Grab Shelf Space

Getting into a retailer’s door is never easy for a manufacturer.

clock October 7, 2005Faye Brookman

Fashion Features

QVC Raises Funds, Adds Benefit

QVC proved this week that when it comes to beauty, the television shopping network is brimming with ideas to connect with viewers.

clock October 7, 2005Molly Prior

The Cynosure Triactive Laser Dermatology System in use.

Fashion Features

ISPA: Links Between Medicine and Spas Grow

A trip to the spa has never been more popular, thanks to stressed-out consumers who seek solace and renewal for an hour, a day or a week and don’t mind paying for it.

clock October 7, 2005Rusty Williamson

Greg Gutfeld


An American Gadfly in London

Greg Gutfeld has always been a misfit.

clock October 7, 2005Jeff Bercovici

Tom Ford in W, photographed by Steven Klein.


Memo Pad: Plastic People Of The Universe … Big Daddy … Anna’s Apprentice …

“I’ve never been freaked out or weird about sex” is sort of an odd way to explain your decision to pose naked in a photo spread set in a futuristic factory populated by clones and sex dolls.

clock October 7, 2005WWD Staff

Fashion Features

Sides Form Over Industry Proposal to WTO

A demand floated Tuesday by 97 textile industry groups for textiles and apparel to be treated separately in the Doha global trade talks has drawn fire from China.

clock October 7, 2005John Zarocostas

U.K.-based Ciel, a Fifties-themed line.

Fashion Features

Ethical Fabrics Gaining Popularity

British designer Katharine Hamnett, a pioneer in using ethical fabrics in her collections, acknowledges there is still resistance to the concept.

clock October 7, 2005Ellen Groves

Fashion Features

FIT Museum Showcases Fashion, Textiles

The first U.S. gallery to offer a permanent exhibition of 250 years of fashion and textile history will open Nov. 15 at the Museum at the Fashion Institute of Technology here.

clock October 7, 2005Arthur Friedman

Coco Kopelman



Royal notes from all over … The new man in Gale Hayman’s life, Richard Bockman … Britney auctions items for Katrina victims.

clock October 7, 2005Aileen Mehle


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clock 15hEvan Clark

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