Li & Fung’s 3-Year Plan: Sourcing Giant Aiming For $20 Billion in Sales

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Global economic problems might be causing concern from New York to New Delhi, but Li & Fung is feeling no ill effects — and sees plenty of opportunity for growth both organically and through acquisitions.

From This Issue



H&M 1st-Qtr. Profits Up As Sales Rise 18 Percent

Hennes & Mauritz on Thursday said store openings and lower buying costs boosted first-quarter profits by 28 percent, illustrating the Swedish fast-fashion…

clock March 28, 2008Robert Murphy


Movado Net Gains 39.6%, Taps DeMarsilis as CFO

Movado Group Inc. on Thursday posted strong increases in fourth-quarter and year-end earnings, boosted by a one-time $15 million tax benefit.

clock March 28, 2008Liza Casabona

Blake, Pete and Erik Nordstrom.

Marketing and Promotion

Nordstrom Takes Time Out for Charity

Amid an aggressive expansion in metro Boston, Nordstrom was the host of a charity gala Wednesday at its Burlington Mall store, which opens today.

clock March 28, 2008Katherine Bowers

"Gone With the Wind" curtain dress.


Neiman’s Retrospective Looks ‘Through the Lens’

Neiman Marcus is celebrating the second annual AFI Dallas International Film Festival with a movie and fashion retrospective at the chain’s Dallas…

clock March 28, 2008Rusty Williamson

Tina Craig of Bag Snob visits with Oscar de la Renta.


Bringing Bloggers Into the Club

Though it has long been a clich? to talk about an Internet revolution, in the fashion world, companies are still figuring out how to join it,…

clock March 28, 2008Irin Carmon


Memo Pad: Book Ends… Hoping For Some Attention… What’s in a name?…

An unauthorized biography about Kate Moss has landed on French bookshelves, and ? whether she likes it or not ? the British supermodel is the…

clock March 28, 2008Valerie Seckler and Miles Socha and Amy Wicks

Human Resources

More Shifts For Execs

Three weeks after Reebok International got a new chief executive officer, the Canton, Mass.-based active company is shaking up the rest of its management…

clock March 28, 2008Whitney Beckett

A look from Seven For All Mankind.


Seven For All Mankind Coming to Manhattan

Seven For All Mankind will open its first Manhattan store in the fall, a 3,000-square-foot flagship in SoHo.

clock March 28, 2008Sharon Edelson

Presidential candidate Hillary Rodham Clinton

Government and Trade

Presidential Policy: Weighing in on NAFTA

In a sign the 14-year-old North American Free Trade Agreement will remain in the spotlight in the presidential election, top policy advisers for the three…

clock March 28, 2008Kristi Ellis

William Fung


Li & Fung’s 3-Year Plan: Sourcing Giant Aiming For $20 Billion in Sales

Global economic problems might be causing concern from New York to New Delhi, but Li & Fung is feeling no ill effects — and sees plenty of opportunity…

clock March 28, 2008Constance Haisma-Kwok

Carla Bruni-Sarkozy, in a Dior gown, arrives at Guildhall for a white-tie dinner with the Lord Mayor of London.

Fashion Features

Carla Conquers

Carla Bruni-Sarkozy’s fashion parade continued Thursday. Even the Brits love her now.

clock March 28, 2008Samantha Conti

Tova Borgnine and her Signature scent.


TV Retail Darling Tova Fetes 25 Years

There’s a reason Tova Borgnine is often called the first lady of beauty at QVC and why she’s moved more than 10 million bottles of her fragrance…

clock March 28, 2008Faye Brookman

The entrance to PureBeauty in the Mall of America.


Regis Unveils PureBeauty Concept

In retail, nothing is set in stone, especially when a better opportunity comes along.

clock March 28, 2008Andrea Nagel

A trio of revamped PerriconeMD products.

Skin Care

A New, Sleeker Perricone Emerges

Nicholas Perricone may not push cosmetic enhancement for his patients, but the dermatologist’s skin care range has undergone major surgery.

clock March 28, 2008Molly Prior

Carlotta Jacobson, Thia Breen and Jill Scalamandre.

Human Resources

Breen Gets Personal at CEW Event

Cosmetic Executive Women kicked off its 2008 Series of speaker presentations Wednesday night at the Harmonie Club in Manhattan, an event that was…

clock March 28, 2008WWD Staff

Pantene's Pro-V Beautiful Lengths items.

Beauty Features

Snippets: Ales Philosophy… Shiseido Plant… Life Aquatic…

Philosophy Inc. has named Eileen Barker senior vice president of sales and education, effective April 14.

clock March 28, 2008WWD Staff


Shoppers Drug Mart Plans New Concept Stores

Shoppers Drug Mart said Thursday that it has a new beauty concept ? and a new divisional president.

clock March 28, 2008Julie Naughton

Lorenza Battigello


Ales to Ax Phytoderm

Ales Groupe plans to shutter its loss-making Phytoderm treatment brand worldwide later this year, the company announced this week.

clock March 28, 2008Ellen Groves

Cosmoprof will run April 10 to 14


Cosmoprof Catering to Key Buyers

With new spaces, events and concepts catered to retailers, Cosmoprof organizer Sogecos is shaking up the formula for this year’s edition of the beauty fair…

clock March 28, 2008Stephanie Epiro

Mustang Blue


Revving Up Mustang: Blue Scent to Launch

Mustang is driving back into the fragrance market with a new car-themed men’s scent, Mustang Blue, in June.

clock March 28, 2008Julie Naughton

Sarah Burton helps a bride with her train.


Something New: Pronovias’ U.S. Flagship

Pronovias hopes to have a long and happy love affair with Manhattan.

clock March 28, 2008Sharon Edelson

Marketing and Promotion

Wet Seal Turns Profit, Ashlee Simpson Line on Tap

Wet Seal Inc. reported a fourth-quarter profit Thursday and said it will roll out a new line of tops designed by Ashlee Simpson on April 22 to coincide with…

clock March 28, 2008Jeanine Poggi


Patricia Malone Heads to Coach

Coach Inc., the $2.9 billion accessories brand, has tapped Christian Dior’s former U.S. president, Patricia Malone, to be senior vice president of…

clock March 28, 2008Sophia Chabbott

Eileen Fisher


High Times for Eileen Fisher

With Eileen Fisher’s first TV campaign airing next month and its 41st store opening next week, the $254 million bridge company has much to celebrate, even…

clock March 28, 2008Whitney Beckett


In Brief: Mob Testimony Delayed… Former Sears CEO’s Pay…

The fashion industry will have to wait to see if former trim producer Lewis Kasman’s appearance at a Brooklyn Federal Court mob trial includes a…

clock March 28, 2008WWD Staff

WWD Image


A New Facet

David and Sybil Yurman have added something new to their portfolio of jewels: a women’s fragrance set to launch in August. The scent, a floral chypre,…

clock March 28, 2008Julie Naughton


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