Plastic Gets Sleeved: Shoppers Trim Credit And Retailers Suffer

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The consumer credit bubble that helped Americans fill their closets over a prolonged buying spree and propelled unprecedented store openings is finally deflating.SEE LIST AT LEFT FOR ALL OF TODAY'S ARTICLES

From This Issue

Chanel Mobile Art


Chanel Cancels Mobile Art Tour

Chanel on Friday said it would pull the plug on its costly Mobile Art exhibition, conceived by Karl Lagerfeld and Zaha Hadid.

clock December 19, 2008Robert Murphy

Giorgio Armani has purchased an additional 25 percent of A|X Armani Exchange.


Armani Increases Stake in A|X

Designer Giorgio Armani now owns 50 percent of A|X Armani Exchange.

clock December 19, 2008Luisa Zargani

Jón Asgeir Jóhannesson


Baugur, Jóhannesson Indicted in Tax Probe

Icelandic retail group Baugur and its executive U.K. chairman Jón Asgeir Jóhannesson have been indicted on charges of tax evasion.

clock December 19, 2008Samantha Conti

DKNY Spring 2009 RTW

Fashion Scoops

DKNY Is Movin’ Out

DKNY is the latest designer brand to opt out of the tents for the February shows.

clock December 19, 2008WWD Staff

Government and Trade

U.S. Accuses China of Illegal Export Subsidies

The U.S. filed a World Trade Organization case against China on Friday. The case centers on China’s Famous Brands programs.

clock December 19, 2008Liza Casabona

Kate Moss and Sasha Pivovarova in Longchamp's spring 09 ready-to-wear collection.


Longchamp Gets Dressed… Cosmo’s Apology to Scarlett Johansson

Longchamp’s next campaign shines the spotlight on the leather goods house’s burgeoning women’s ready-to-wear line.

clock December 22, 2008WWD Staff

Inside the Moncler store.


Moncler Opens in Hong Kong

Moncler store in Hong Kong is operated by Adrienne Ma.

clock December 22, 2008Constance Haisma-Kwok

The NuBo line.

Skin Care

NuBo New to the Cosmeceutical Scene

NuBo beauty brand positions itself as a “positive cosmeceutical.”

clock December 22, 2008Brid Costello

Prada’s Amber scent.


Prada Promotes Amber Fragrance in Film

Prada is promoting its women’s scent, Amber, on the silver screen.

clock December 22, 2008Stephanie Epiro


Gucci, Chloe Win Case… LF USA Closes Deal… Gen Art Fashion Director…

Manhattan judge orders operators of a Web site that sold counterfeit goods to pay $5.2 million to Gucci America and Chloé SAS.

clock December 22, 2008WWD Staff

Retailers are going to have to adjust to consumers using less credit.


Plastic Wrapped: Shoppers Back Away From Credit

The consumer credit bubble that helped Americans fill their closets and propelled unprecedented store openings is deflating.

clock December 22, 2008Evan Clark

USTR nominee Ron Kirk.

Government and Trade

Obama Taps Ron Kirk as USTR, Hilda Solis as Labor Secretary

Many in the fashion industry feel uncertain about Ron Kirk, who doesn’t have much of a track record on trade issues.

clock December 22, 2008Kristi Ellis

Tom Wolfe, David Lauren and Mark Seliger.

Fashion Scoops

Two Men in Full… Hair Apparent… Good Tidings…

Retail might be slow, but Ralph Lauren’s West Broadway store was doing a brisk business of selling Mark Seliger’s latest coffee-table tome.

clock December 22, 2008WWD Staff

Bamford's customized watches.


Bamford Personalizes Rolexes

The Bamford Watch Department Web site allows customers to design personalized Rolexes.

clock December 22, 2008Nina Jones

The Swarovski Crystallized Store and Lounge.


New Swarovski Concept Store to Bow in SoHo

The Swarovski Crystallized store and lounge, opening in New York this spring, will feature customer creations.

clock December 22, 2008Caroline Tell

The Morellato store in New York.


Morellato Opens First U.S. Store

The Italian watch and jewelry brand Morellato opened its first freestanding U.S. store on Saturday.

clock December 22, 2008Caroline Tell

Jeannie Lee and Virginia Pereira


Satine Boutique Gets Intimate for Anthropologie

eannie Lee, designer and owner of Satine Boutique, has created her first collection of intimates for Anthropologie, called Bacini.

clock December 22, 2008Hellin Kay

Agent Provocateur's Joe Corre and Mick Jones of The Clash (far left) oversee the Pirates' swashbuckling party.


Agent Provocateur Pushes the Envelope on Advertising

Lingerie brand Agent Provocateur launches new ad campaign, and opens ninth U.S. boutique in Chicago.

clock December 22, 2008Karyn Monget

Mischa Barton wears her pearl and crystal headband and a Diesel dress, and holds her leather bag.


Extra Credits: Mischa Barton Launches Headband Line

Despite hard times, celebrity collections just keep on coming. Those of actress Mischa Barton are cases in point.

clock December 22, 2008Rachel Brown

Tobi Tobin Vintage Jewelry


Luxe Accessories Designers: Added Attractions

Now hear this: Regardless of the recession, the new crop of accessories designers isn’t afraid to luxe it up a little.

clock December 22, 2008WWD Staff


Rolex Names Bruno Meier as Head of Management

At Rolex, Bruno Meier replaces Patrick Heiniger, who retired on Tuesday.

clock December 22, 2008Robert Murphy and Sophia Chabbott

Bill Blass, Resort 2009

Designer and Luxury

Bill Blass Couture Closes

Bill Blass Couture closed Friday and laid off all of its 60-plus employees without any severance.

clock December 22, 2008Rosemary Feitelberg


American Apparel Gets Extension of Credit Facilities

Shares of American Apparel Inc. got a boost after lenders granted a three-month extension on debt due to mature next month.

clock December 22, 2008Matthew Lynch


Storms Challenge Holiday Shopping

Retailers trying to lure shoppers faced the added burdens of snow, ice and rain.

clock December 22, 2008Sharon Edelson

Tagliarelle with Truffle Butter From Ina Garten’s “Back to Basics”


At Home With the Contessa

WWD interviews the Food Network’s Ina Garten, star of the “Barefoot Contessa.”

clock December 22, 2008Emily Holt

Ze Cafe


Ze CAFE: Where the In Crowd Eats

Valentino and Deeda Blair are some of the customers at Ze CAFE, a French bistro tucked away on a sleepy side street in the East 50’s.

clock December 22, 2008Amanda FitzSimons


Culinary Diversions: New Eats

From healthy living to Chinese fusion, these other new spots can satisfy even the most niche eater.

clock December 22, 2008WWD Staff


Today's Must Read

Lesley Frowick beside a photo of her uncle Halston.


Halston’s Niece Calls Netflix Series ‘Unauthorized’

clock May 11, 2021Rosemary Feitelberg

Social Studies

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