The Price of Luxury: Debt Burden Strains More European Firms

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Overview

Forget yo-yoing stock prices for a moment. What does the financial crisis really mean for European fashion and luxury goods houses over the next 12 to 18 months?SEE LIST AT LEFT FOR ALL OF TODAY'S ARTICLES

From This Issue

William Eggleston

People

Honoring Eggleston

W magazine hosted a dinner at the Whitney Museum Wednesday night to honor acclaimed photographer William Eggleston.

clock November 6, 2008WWD Staff

Lazaro Hernandez and Mary-Kate Olsen

People

Proenza Parties Downtown

Barneys New York hosted a dinner Thursday night to celebrate Proenza Schouler’s foray into handbags (the first style to hit shelves is cleverly called PS 1).

clock November 7, 2008WWD Staff

Media

Hearst Shutters O at Home

On Friday, Hearst Magazines shuttered O at Home, the quarterly spin-off of O, The Oprah Magazine.

clock November 7, 2008Stephanie D. Smith

Gela Nash-Taylor and Pamela Skaist-Levy

People

Juicing the Big Apple

Ballerinas and stilt walkers and balloons, oh my! Such was the scene at Juicy Couture’s bash for the opening of its new Fifth Avenue flagship.

clock November 7, 2008WWD Staff

Marjorie Gubelmann and Peter Som.

People

Peter Som Thinks Small

The designer unveils a line of childrenswear with Best & Co.

clock November 7, 2008WWD Staff

Financial

A&F Taps Ramsden as CFO

Former TBWA exec to join firm in December.

clock November 10, 2008Alexandra Steigrad

Financial

In Brief: Dates in Dallas… Hilco Appointment…

Dates In Dallas… Hilco Appointment… Fashion Scholarship Fund Honorees…

clock November 10, 2008WWD Staff

Government and Trade

Department Store Jobs Slashed in October

Overall jobless rate reaches highest level since 1994.

clock November 10, 2008Liza Casabona and Evan Clark

Forever 21 will open a flagship in Times Square.

Financial

Forever 21 to Open in Times Square

Forever 21 will open a 100,000-square-foot store at 1540 Broadway in Times Square.

clock November 10, 2008Sharon Edelson

Financial

Legal Briefs: Injection for Overstockjeweler.com… Urban Battle…

A coalition of luxury jewelry makers has won a preliminary injunction to stop an online retailer from using certain language when marketing goods.

clock November 10, 2008Matthew Lynch

Knitwear brand Malo has been hit with cost cuts.

Financial

The Price of Luxury: Debt Burden Strains More European Firms

What does the financial crisis really mean for European fashion and luxury goods houses over the next 12 to 18 months?

clock November 10, 2008Andrew Roberts and Melissa Drier and Luisa Zargani and Alessandra Ilari

Smart car by Hermes.

Fashion Scoops

Hermes’ Smart Car… Uniqlo’s Warm Up… McQ Prints It Out…

HOP IN HERMES: Hermès on Thursday unveiled the tiny Smart car it designed to celebrate the vehicle’s 10-year anniversary.

clock November 10, 2008WWD Staff

Financial

Weekly Performers

The week’s best and worst performers.

clock November 10, 2008WWD Staff

Fashion Features

Hermes Denies It’s Buying All of Gaultier

Hermès on Friday denied it was interested in buying the remainder of Jean Paul Gaultier.

clock November 10, 2008Robert Murphy

Retail

Peter Rizzo to Consult With Saks

Saks Fifth Avenue has brought one of men’s wear’s most seasoned executives into the fold to help reinvent its private label business.

clock November 10, 2008Jean E. Palmieri

Cover of V magazine.

Media

Memo Pad: All for Obama… Matters Moves In…

Newspapers quickly capitalized on the election of Barack Obama, and it was only a matter of time before monthly magazines got into the game.

clock November 10, 2008WWD Staff

Markets

SHOP100eighteen Hosts Third Event

Another group has joined the rally call to revive the Garment District.

clock November 10, 2008Whitney Beckett

A lace-edged silk satin slip.

Fashion Features

Spring Lingerie: Sweet Stuff

Stella McCartney of her latest lingerie collection is full of charm in a bold palette balanced with neutrals and pretty prints.

clock November 10, 2008WWD Staff

Lindsay Lohan unveiled her leggings line at Henri Bendel.

Activewear

Legwear Outlook Remains Positive for Holiday

After a three-year surge, legwear is managing to maintain steady sales even as consumer spending plummets.

clock November 10, 2008Caroline Tell

Temperley’s Golden Apple bag.

Markets

Findings

Temperley’s Golden Apple… Festive Fergie… Hand in Hand…

clock November 10, 2008WWD Staff

A student design from the U.K.

Activewear

Invista’s Ideas Stretch From Vintage to Modern

Bold graphics, bohemian looks and romantic fare were the leading ideas at the semiannual intimate apparel workshop at Invista.

clock November 10, 2008Karyn Monget

Financial

Parlux in Deal With Ecko for Fragrances

Parlux Fragrances Inc. has struck a deal with Marc Ecko Enterprises to develop fragrances for men and women.

clock November 10, 2008Michelle Edgar

William P. Lauder

Financial

Lauder Remains Confident Despite Difficult Landscape

Last week, the Estee Lauder Cos. Inc. addressed the gloomy economic climate at its annual shareholder meeting.

clock November 10, 2008Molly Prior

Wolford’s nylon and spandex tights, Erik Hart vest, Staerk dress and Stuart Weitzman shoes.

Fashion Trends

Legwear Looks: Double Time

Two-tone tights are the newest way to go graphic with sexy vertical lines that elongate the legs.

clock November 10, 2008Court Williams

Casall’s fall campaign.

Financial

Aronsson Group Takes Stake in Swedish Activewear Firm

Aronsson Group LLC is looking to fitness in its third deal.

clock November 10, 2008Marc Karimzadeh

Designer and Luxury

Marc Jacobs Signs With Staff International

Renzo Rosso has added another Marc Jacobs to his manufacturing stable.

clock November 10, 2008Miles Socha

Essentialist

Today's Must Read

Garnier Ultra Doux Solid Shampoo

Beauty

What’s Driving Growth at L’Oréal’s Consumer Products Division?

clock 7hJennifer Weil

Social Studies

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