Europe’s Luxury Sector In Unfamiliar Territory As Investors Cool Off

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Overview

Europe's high-flying luxury sector is losing altitude as pessimism rises among investors.SEE LIST AT LEFT FOR ALL OF TODAY'S ARTICLES

From This Issue

People

In Season: Juicy Fruit

The cherimoya tastes like pineapple, mango and banana all at once, with undertones of papaya and strawberry.

clock November 19, 2008Jacinta Green

Financial

Uniqlo Parent Fast Retailing Posts 26.8% Net Gain

TOKYO ??? Fast Retailing Co. Ltd. posted higher profits and sales for the first nine months of the year.

clock July 11, 2008Koji Hirano

Designer and Luxury

Europe’s Luxury Sector In Unfamiliar Territory As Investors Cool Off

PARIS – Europe’s high-flying luxury sector is losing altitude as pessimism rises among investors.

clock July 11, 2008WWD Staff

Media

Japan Man

Hedi Slimane is in Tokyo shooting Vogue Hommes Japan’s debut cover but his involvement with the new magazine doesn’t end there.

clock July 11, 2008Amanda Kaiser

Media

Saving The Forests

The first half of 2008 had 291 magazine launches, down 75 from the same period a year ago, according to Samir Husni, who’s also known as Mr. Magazine.

clock July 11, 2008Amy Wicks

Gisele Bundchen and Jamie Dornan in the Aquascutum campaign.

Media

Decadent Deco

Aquascutum is sticking with its proven campaign faces, Gisele B??ndchen and Jamie Dornan, for fall.

clock July 11, 2008Nina Jones

Media

British Defector

Writer Robert Johnston has crossed enemy lines in the men’s world.

clock July 11, 2008Nina Jones

A still from Longchamp's fall ad campaign.

Media

Cafe Society

Longchamp’s latest ad campaign centers on the chemistry between a Brigitte Bardot-esque Kate Moss.

clock July 11, 2008Katya Foreman

Media

New Hire

Briana Lesesne has been named beauty and fashion director of Vanity Fair, succeeding Shannon Reilly, who has left the magazine.

clock July 11, 2008Stephanie D. Smith

A giant yellow gold chain necklace from Martin Margiela's fine jewelry
line.

Jewelry

Margiela Goes Big

PARIS – You won’t need a magnifying glass to examine these jewels.

clock July 11, 2008Miles Socha

Designer and Luxury

Replay Creative Head Sergio Arreghini, 48

MILAN – Sergio Arreghini, Replay’s creative director, died of a heart attack on June 23, the company said Thursday. He was 48.

clock July 11, 2008Luisa Zargani

Inside the new Max&Co. on Melrose Avenue.

Retail

Max&Co.’s Modern L.A. Space

MaxMara’s new Max&Co. store in Los Angeles has settled into the Melrose Avenue retail hot spot.

clock July 11, 2008Anne Riley-Katz

Textiles

India Scraps Cotton Duty

BANGALORE, India – The Indian government, bowing to pressure from spinning mills and other textile companies, has abolished import duty on raw cotton.

clock July 11, 2008N. Vasuki Rao

Financial

Steve & Barry’s Looks to Expedite Process

Bankrupt Steve & Barry’s wants to make short work of a reorganization or sale, and lack of cash as it nears the important back-to-school season is a big reason.

clock July 11, 2008Vicki M. Young

Textiles

Turkey, Brazil Lead Textile Antidumping Actions

GENEVA ? Turkey and Brazil initiated the largest number of antidumping investigations against textile exports in the second half of 2007.

clock July 11, 2008John Zarocostas

In its first international move, Bath & Body Works is opening six stores in Canada this fall.

Retail

Bath & Body Works Entering Canada

Bath & Body Works is joining the growing group of U.S. retailers expanding to other countries.

clock July 11, 2008David Moin

Marketing and Promotion

Hermes Rides Again

PARIS – Hermes International is getting back on the horse with three new French equestrian events.

clock July 11, 2008WWD Staff

Real Estate

Valentino N.Y. Offices Grow

The Valentino Fashion Group is making its corporate New York digs considerably larger.

clock July 11, 2008Rosemary Feitelberg

Delphine, Bernard and Antoine Arnault.

Fashion Scoops

Money Crowd

France has a new billionaire at the top of its 2008 richest list.

clock July 11, 2008WWD Staff

Karl Lagerfeld and Anna Mouglalis.

Fashion Scoops

Coco Nuts

As the camera rolls for “Coco avant Chanel”, Chanel muse Anna Mouglalis is the latest actress set to play the late designer in another Chanel film.

clock July 11, 2008WWD Staff

Fashion Scoops

Super Cause

Alexandra Reeve, daughter of the late Christopher, joined Holly Dunlap and a bevy of guests Tuesday night at Dunlap’s Hollywould store in downtown New York.

clock July 11, 2008WWD Staff

Fashion Scoops

In The Pink?

Could a licensing venture extending Victoria Secret’s collegiate-minded Pink brand arise even as Steve & Barry’s has filed for bankruptcy protection?

clock July 11, 2008WWD Staff

The cast of "Hair" performed in the sweltering heat in the Meatpacking District Wednesday.

Fashion Scoops

Hair-Raising

The gods must have been listening when the cast of “Hair” sang “Aquarius/Let the Sunshine In” Wednesday night, because the sky cleared up.

clock July 11, 2008WWD Staff

Fashion Scoops

Molto Moto

Biker chic appears to be taking over Hollywood.

clock July 11, 2008WWD Staff

Nicer of Tats Cru paints murals, graffiti-style, in the Lord & Taylor windows.

Retail

Art With an Edge at Lord & Taylor

There’s nothing like some graffiti in the windows to give a store an edge.

clock July 11, 2008David Moin

An ad for Cosmoprof's Las Vegas show.

Marketing and Promotion

Trade Show Adds Spice to Image

Cosmoprof Worldwide Bologna is kicking off a new advertising and public relations campaign.

clock July 11, 2008Andrea Nagel

OPI's first U.S. nail salon, called ROB B.

Products

ROB|B Offers New Take on Nail Salons

ROB|B, lacquer brand OPI’s first U.S. concept nail salon, is set to erase stereotypes faster than old polish jobs when it opens this month.

clock July 11, 2008Rachel Brown

Yes to Carrots was a popular booth at NACDS.

Beauty Features

NACDS Delivers Innovation to Fuel Growth in Second Half

SAN DIEGO – Retailers were looking for quick-fix ideas to jolt sales during the second half of 2008.

clock July 11, 2008Faye Brookman and Andrea Nagel

Nordstrom guided second-quarter earnings estimates down to at or below the low end of its previous range.

Financial

Wall Street Wary After Stimulus Boosts June Sales

June comparable-store sales flexed some unexpected muscle…

clock July 11, 2008Matthew Lynch

Dans Tes Bras, Fr??d??ric Malle's newest scent.

Fragrance

Malle Goes for ‘Understated Sensuality’ With Scent

Fr?d?ric Malle unveiled his latest fragrance, a women?s scent called Dans Tes Bras…

clock July 11, 2008Matthew W. Evans

Ren?e Fleming with Bernd Beetz.

Fragrance

Coty’s New Stage: The Metropolitan Opera

Coty Beauty is hoping to hit a high note where art, commerce and philanthropy all harmonize around a fragrance.

clock July 11, 2008Michelle Edgar

Tommy Hilfiger and Veonique Gabai-Pinsky.

Fragrance

Tommy Aims for New Man With Hilfiger Fragrance

Tommy Hilfiger is turning the sophistication up a new signature men?s scent…

clock July 11, 2008Matthew W. Evans

The outer carton for John Galliano's scent

Fragrance

Galliano’s Romantic Vision

What?s easier to make: a couture dress or a signature fragrance? Ask John Galliano…

clock July 11, 2008Jennifer Weil

Government and Trade

U.S. Targets Illegally Transshipped China Goods

The political climate surrounding imports from China intensified Thursday…

clock July 11, 2008Kristi Ellis and Liza Casabona

Government and Trade

CFDA Calls for Action on Garment District1

Forty percent of the Manhattan Garment District???s production base could vanish in the next three years…

clock July 11, 2008Rosemary Feitelberg

Financial

Carlos Slim Boosts Saks Stake

Carlos Slim Hel?? snatched up another 2 million shares of Saks Inc.

clock July 11, 2008Evan Clark

Beauty Features

Beauty Pros Identify Trends

Eight trends will set the tone for beauty in the next year…

clock July 11, 2008Faye Brookman

Antonio Banderas with children for House of the Roses.

Fragrance

Banderas Blues

Antonio Banderas celebrated the launch of his new fragrance ? Blue Seduction for Women ? with Puig USA and Broadway Cares/Equity Fights AIDS Thursday.

clock July 11, 2008WWD Staff

Marketing and Promotion

Snippets: Literary Scents

London-based fragrance expert Roja Dove has literally written the book on fragrance.

clock July 11, 2008WWD Staff

Hair

Snippets: Matter of Fact

S-factor, TIGI?s high-end hair care line, is launching four new items this month aimed at promoting hair health.

clock July 11, 2008WWD Staff

Body Care

Snippets: Candy Land

Sephora and candy aficionado Dylan Lauren, founder of Dylan?s Candy Bar, have created a bath and body collection inspired by confections, of course.

clock July 11, 2008WWD Staff

Skin Care

Snippets: Lab Trio

Cosmeceutical skin care brand, 3Labs, plans to introduce three products this fall, all of which are formulated with Nano-Clair GY…

clock July 11, 2008WWD Staff

Human Resources

Snippets: Jafra Move

Frank Mineo, chief executive officer of Jafra Cosmetics International, has exited the direct-sales firm.

clock July 11, 2008WWD Staff

Hair

Snippets at NACDS: Style Scouts

At the National Association of Chain Drug Stores, In Style magazine held its In Style Insiders? Most Wanted Awards…

clock July 11, 2008WWD Staff

Body Care

Snippets at NACDS: Natural Extension

Alba Botanica and Jason Pure, Natural & Organic are expanding its offerings by launching new categories.

clock July 11, 2008WWD Staff

Marketing and Promotion

Snippets at NACDS: Spot On

Lumiport is introducing a new DermaStyle light therapy device to treat acne.

clock July 11, 2008WWD Staff

Essentialist

Today's Must Read

The Estée Lauder beauty hub at Debenhams

Business

Debenhams Collapses Hours After Arcadia Files for Bankruptcy

clock 58mSamantha Conti

Social Studies

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