Saks’ Woes Continue: Weak SFA and Charges Drag Retailer Into Red

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The luxury chain, struggling for years and dogged by speculation that it's destined to be sold, posted huge declines in operating income, which dragged its parent, Saks Inc. to a $2.2 million loss in the fourth quarter ended Jan. 28.

From This Issue

Stephen Sadove


Saks’ Woes Continue: Weak SFA and Charges Drag Retailer Into Red

The luxury chain, struggling for years and dogged by speculation that it’s destined to be sold, posted huge declines in operating income Wednesday.

clock March 2, 2006David Moin

Fashion Features

In Brief: Lancel’s New CEO … VF Corp. Names COO

A brief look at some of the day’s stories.

clock March 2, 2006WWD Staff

Juicy Couture is one of Liz Claiborne's highest-growth brands.


Claiborne Net Slips, More Stores Planned

Liz Claiborne Inc. on Wednesday posted a decline in fourth-quarter profits partly due to stock-option expenses and lower wholesale sales.

clock March 2, 2006Vicki M. Young

Fashion Features

Ungaro’s De Spirt Expected to Resign

Change is still in the air at Ungaro.

clock March 2, 2006Alessandra Ilari

Mickey Drexler, chief executive officer.


J. Crew Extends Tender Offer on Notes

J. Crew on Wednesday said it is extending its tender offer and consent solicitation.

clock March 2, 2006Vicki M. Young

Chloë Sevigny in Dolce & Gabbana.


Arts and Sciences

“I’m not a stage person, I’ve never acted in a play, I don’t even go to the theater much,” Jonathan Rhys Meyers confided Tuesday night at BAM’s Hedda Gabler Benefit, which was sponsored by Gucci.

clock March 2, 2006WWD Staff

Irina Lazareanu in the Versace show last week.


Rolling Stone

Five years ago, the thought of stomping down a mirrored black runway in a vampy purple mini and several coatings of azure eye shadow at a Versace show would never have crossed Irina Lazareanu’s mind.

clock March 2, 2006Derek Blasberg

Carol Phillips before her retirement.

Fashion Features

Obituary: Carol Phillips, 84, Clinique Founder

Carol Phillips, who founded Clinique skin care and helped build it into the best-selling U.S. department store cosmetics brand, died Wednesday at her home in North Haven, N.Y., after a brief illness.

clock March 2, 2006Matthew W. Evans

Revlon has signed Isabeli Fontana as its prestige fragrance spokeswoman.


Revlon 4Q Net Soars 39%

Revlon is beginning to reap the rewards of a more robust product pipeline.

clock March 2, 2006Molly Prior

Fashion Features

Senators Press for Oversight of Port Deal

The latest developments occurred amid a torrent of proposed legislation that would block a takeover of port operations by any company owned by a foreign government.

clock March 2, 2006Kristi Ellis

Dries Van Noten

Fashion Features

Dark Beauty – Christian Dior, Givenchy, Dries Van Noten

The City of Light took a sober turn for fall with Gothic glam and tough-girl chic.

clock March 2, 2006WWD Staff

Costume National

Fashion Features

The Shape of Things – Costume National, Paco Rabanne, Andrew Gn, Sophia Kokosalaki, Hussein Chalayan

While their inspirations may have been very different, certain designers were united in their attention to tailoring and cut.

clock March 2, 2006WWD Staff

Veronique Branquinho

Fashion Features

Drama Class – Veronique Branquinho, Loewe, Issey Miyake, Requiem

Designers in Paris staged quite a spectacle, with everything from tomboyish suits to Forties-esque lace dresses playing starring roles.

clock March 2, 2006WWD Staff


Fashion Features

Show by Show – Bless, AF Vandevorst, Dice Kayek

The usual sartorial subversion from Bless’ conceptual design duo Desiree Heiss and Ines Kaag was on display in a gallery walk-through of residential sets combining live props and photo backdrops.

clock March 2, 2006WWD Staff


Fashion Features

Biba’s Back

Biba, that hot British boutique label from the swinging Sixties and early Seventies, introduced its first ready-to-wear collection here this week.

clock March 2, 2006WWD Staff

Lapérouse is the venue for Sunday's Miu Miu show.

Fashion Features

Fashion Scoops: Table Hopping … Number Cruncher … Pair of McQueens …

Laperouse, one of the oldest and most atmospheric restaurants in Paris, will be the location for the Miu Miu show on Sunday, WWD has learned.

clock March 2, 2006WWD Staff

A look from Silver's line of tops.

Fashion Features

Denim Dish: Iconix Brand Income Rises … Silver Jeans Adds on Tops … Prada Piles on the Denim …

Iconix Brand Group said Wednesday that it posted fourth-quarter and full-year profits for the period ended Dec. 31.

clock March 2, 2006WWD Staff

A layered look from Graham & Spencer.

Fashion Features

Dressing the Part

The designers of Velvet, a Los Angeles-based T-shirt-driven collection, are dressing up for fall.

clock March 2, 2006Lauren DeCarlo

Torn's camouflage tank with tapered sweatpants.

Fashion Features

All Torn Up

When women look to go the casual route, some are torn between wearing what they really want to wear (sweatsuits) and what they think they should wear (jeans).

clock March 2, 2006Lauren DeCarlo

American Eagle same-store sales rose 6 percent in February.


AEO Sales Top $2B

The company also guided first-quarter profits that could show a similar soft increase over the prior year.

clock March 2, 2006Meredith Derby

Gildan has focused primarily on basic tops. Here, spring looks for men and women.

Fashion Features

Gildan Activewear Plots Expansion

Gildan Activewear, one of Canada’s largest apparel firms, is embarking on a strategy to more than double sales to $1.5 billion by 2010.

clock March 2, 2006Brian Dunn

A look from the Louise Middleton for Shanghai Tang swim line.

Fashion Features

Sidelines: New Atsco Execs … Yoga Force Apparel Set … Middleton Teams With Tang

Atsco Brands, which owns and distributes labels including Ellesse and KangaRoos, has named new executives to its team.

clock March 2, 2006WWD Staff

Reese Witherspoon

Fashion Features

For Academy Consideration

This year’s Oscar nominees for best actress and best supporting actress, ranked by their films’ box office revenues.

clock March 2, 2006Cecily Hall

Carolina Herrera

Fashion Features

Herrera Saluted by American Cancer Society

For Carolina Herrera, the honor of being named Mother of the Year by the American Cancer Society is about family — and more.

clock March 2, 2006Rosemary Feitelberg

Oscar de La Renta

Fashion Features

Parsons to Honor De la Renta

Oscar de la Renta will be feted by Parsons the New School for Design in May.

clock March 2, 2006Marc Karimzadeh

Jason Oliver Nixon


Memo Pad: Net ‘Scape … Reminiscing, Part One … Reminiscing, Part Two

Could there be a day when is independent of

clock March 2, 2006WWD Staff


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