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.

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

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

Change is still in the air at Ungaro.

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

“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.

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.

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.

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

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.

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

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

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

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.

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

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.

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

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

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).

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

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.

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

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

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

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

Could there be a day when vogue.com is independent of style.com?