A Sign of the Times: Women’s ‘Challenged’ As Macy’s Loses $59M

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Macy's Inc. took it on the chin in the first quarter of 2008, posting a loss of $59 million, or 14 cents a share, and citing weak sales in women's, the difficult economy and consolidation costs.

From This Issue

A view inside of Gucci's Prague store.


Gucci Hits New Markets for Growth

A difficult economy isn’t putting a damper on Gucci’s global retail expansion.

clock May 15, 2008Luisa Zargani

Elizabeth Rossa strikes a "twisted side angle" pose in J. Crew yogawear.


J. Crew Stretches Into Yoga Looks

Millard “Mickey” Drexler is no yogi. He’s never even taken a yoga class.

clock May 15, 2008David Moin

A rendering of the 500,000-square-foot BLVD Place project under construction.

Fashion Features

Letter From Houston: Energy Surge

Construction rigs in the greater Houston metropolitan area are whirring, particularly for the retail market, where some 5 million square feet of new space valued at $700 million will be completed this year.

clock May 15, 2008Rusty Williamson

Fashion Features

Houston: Vital Stats

City population… Houston-Sugar Land-Baytown MSA population…

clock May 15, 2008WWD Staff

A view of the downtown.


Houston: Ramping Up

A slew of projects are changing Houston’s vast skyline.

clock May 15, 2008Rusty Williamson

H&M is planning four stores in the Atlanta metropolitan region.


H&M Gears Up in Atlanta

Hennes & Mauritz has kicked off a growth spurt in the Atlanta metropolitan area that will give it four stores in the region, including a 20,000-square-foot flagship, by the end of the year.

clock May 15, 2008Georgia Lee


U.S. Faces Growing Competition In Global Market, Report Finds

The U.S. has retained its status as the world’s most competitive economy despite the credit crunch and the sharp economic downturn, a new global survey said.

clock May 15, 2008John Zarocostas


Aeffe Earnings Rise 20.3 Percent in First Quarter

Things are looking up for Italian fashion group Aeffe SpA.

clock May 15, 2008Andrew Roberts


Tod’s Profits See 8% Boost

Tod’s SpA on Wednesday reported an 8 percent gain in first-quarter operating profits, following revenue growth across all brands, particularly Hogan.

clock May 15, 2008Andrew Roberts

Macy's Herald Square, New York


A Sign of the Times: Women’s ‘Challenged’

Macy’s Inc. took it on the chin in the first quarter of 2008, posting a loss of $59 million, or 14 cents a share, and citing weak sales in women’s, the…

clock May 15, 2008David Moin and Jeanine Poggi


Benetton Net Rises 8.6 Percent in Quarter As Sales Hit $646.3M

Benetton reported Wednesday that net profits rose 8.6 percent to 29 million euros, or $40.3 million, on a 3.4 percent hike in sales in the first quarter.

clock May 15, 2008Luisa Zargani


IT Holding 1Q Earnings Decrease 13.1 Percent

IT Holding SpA reported a 13.1 percent drop in first-quarter earnings, but said roughly flat revenues for the period did not reflect double-digit increases…

clock May 15, 2008Andrew Roberts

Karolina Kurkova

Real Estate

Pronovias Fetes N.Y. Flagship

Pronovias christened its worldwide flagship here amid the lushness of moss, vines and flowering branches that surrounded wedding dresses and gave the store…

clock May 15, 2008Sharon Edelson


Retail Sales Report Signals Tame Inflation

Rising food costs drove prices up on consumer goods, but women’s retail apparel prices were flat in April compared with the previous month and dropped 4.3…

clock May 15, 2008Liza Casabona

Human Resources

P&G Taps Brown for Top Tech Spot

Procter & Gamble Co. has named Bruce Brown as chief technology officer, succeeding G. Gilbert Cloyd, who is to retire Sept. 1.

clock May 15, 2008Matthew W. Evans and Brid Costello


Express Sues Wal-Mart Over Ad Campaign

The Express specialty store chain has taken exception to Wal-Mart Stores Inc.’s “Express for Less” ad campaign and sued the retail behemoth for trademark…

clock May 15, 2008Evan Clark

Jane Pauley


Memo Pad: Hard Sell… Down But Not Out…

Now that it’s a hit and moving to a new network, “Project Runway” has lots of magazines eager to partner up with the show for the sixth season.

clock May 15, 2008Rosemary Feitelberg and Stephanie D. Smith and Amy Wicks

Leighton Meester


Modern Bride Fetes Trendsetters

Anyone who thinks fame is wasted on the young need only spend some time with Leighton Meester of “Gossip Girl.”

clock May 15, 2008Rosemary Feitelberg

Raffaello Napoleone and Diane von Furstenberg

Fashion Features

Von Furstenberg Helps Punch Up Milan Shows

As if retailers and press needed more shows, the ever-expanding fashion circuit has just added another leg: Milano Moda Pre-Collezioni, a presentation of…

clock May 15, 2008Luisa Zargani and Rosemary Feitelberg

Stella McCartney is in retail expansion mode in China.

Real Estate

Stella McCartney Openings Signal Plan for Future in China

Stella McCartney unveiled not one but two stores in China last month and kicked off an expansion drive to open another seven units in the country over the…

clock May 15, 2008Constance Haisma-Kwok

Salma Hayek and a crew member christen Puma's "Il Mostro."

Marketing and Promotion

Puma Yacht Launched To Raise Sales

It took five whacks of a Taittingers bottle, and help from a crew member, but Salma Hayek eventually christened Puma’s “Il Mostro” yacht here, part of the…

clock May 15, 2008Katherine Bowers


Diesel Changes Its Tune

Diesel is abandoning the “American Idol”-like format of its annual competition to find the world’s newest and hottest music acts.

clock May 15, 2008Ross Tucker

The Nike Olympic uniform presentation in Beijing.


Nike Designs Olympic Uniforms, Stays Out of Fray

There already may be a lot of controversy surrounding the Summer Olympics here in August, but Nike insists it’s staying focused on the Games.

clock May 15, 2008Kathleen E. McLaughlin

Raphael le Masne de Chermont, inside Shanghai Tang.


Shanghai Tang Takes New York…Again

Shanghai Tang is hoping the third time’s a charm.

clock May 15, 2008Vicki M. Young

To wit, this ombre sweater and bold pants.

Fashion Show Reviews

In Living Color

Resort season is in full swing, and in New York on Wednesday, Oscar de la Renta rolled out a slew of punchy, Popsicle-bright looks that kept his customers…

clock May 15, 2008WWD Staff

Daryl K

Fashion Features

Body Shop

Daryl Kerrigan has always been body-conscious in her designs, and for resort, she looked to the human form for inspiration.

clock May 15, 2008WWD Staff

Bar Refaeli in the Chopard/Ferretti dress.

Fashion Scoops

Fashion Scoops: On The Croissette… Mother’s Day…

Stars attending the opening ceremony of the Cannes International Film Festival Wednesday night sure didn’t let the downbeat story line of headlining film…

clock May 15, 2008WWD Staff

Karl Lagerfeld at The Raleigh hotel in Miami.

Beauty Features

Karl at the Beach: Chanel Cruises Into Miami

There may not be any links between Coco Chanel and Miami — not known ones, anyway — but Karl Lagerfeld feels it’s about time to draw the connection.

clock May 15, 2008Marc Karimzadeh

Liz Claiborne

Fashion Features

Claiborne, DVF to Be Honored on SA Walk of Fame

Diane von Furstenberg and Liz Claiborne, two Belgian-born women whose businesses have deep ties to Manhattan’s Garment District, will be this year’s…

clock May 15, 2008Rosemary Feitelberg

Government and Trade

In Brief: House Oks Farm Bill… Polo Departure… Not For Sale

The House passed a $300 billion compromise farm bill on Wednesday that could potentially help retailers and apparel brands save millions of dollars in…

clock May 15, 2008WWD Staff


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Emerald Fennell, Regina King, and Chloé Zhao


Get to Know the Female Directors Making History at the Golden Globes

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Social Studies

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