LVMH Stays the Course: Arnault Upbeat Despite the Recession

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Bernard Arnault kept an upbeat tone as LVMH Moet Hennessy Louis Vuitton reported flat net profits for 2008, but a 4 percent increase in fourth-quarter revenues to 5.23 billion euros, or $7.01 billion.SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue


Isetan Mitsukoshi Issues Profit Warning

Japan’s largest department store retailer struggles amidst protracted slump in consumer spending.

clock February 5, 2009Koji Hirano

Gottschalks is seeking investment capital to help it stay afloat.

Business Features

Weak January Comps Hit After Tough Retail Year

Investors pushed the S&P Retail Index up 8.5 points, or 3.3 percent, on Thursday.

clock February 5, 2009Alexandra Steigrad and Evan Clark and Arnold J. Karr

William Lauder


Estée Lauder to Cut 2,000 Jobs and Restructure

Company seeks to reduce costs by up to $550 million.

clock February 5, 2009Molly Prior and Pete Born


Talbots Receiving $200M From Majority Shareholder

Retail said it would eliminate roughly 370 jobs.

clock February 5, 2009Evan Clark


Fortunoff Goes Chapter 11

NRDC-owned jeweler files for second time.

clock February 5, 2009David Moin and Vicki M. Young


Luxottica Expects Lower 2008 Earnings

Eyewear giant estimates 16 percent decrease.

clock February 5, 2009Andrew Roberts

Bernard Arnault speaking in Paris Thursday night.


LVMH Stays the Course

Luxury group reports flat net profits for 2008, but posts increase in fourth quarter revenues.

clock February 5, 2009Miles Socha

Nicole Miller Chartreuse RTW Fall 2009

Designer and Luxury

The Chartreuse Caper: Nicole Miller Chartreuse Fall 2009

To say that Nicole Miller has a lot going on is an understatement.

clock February 5, 2009Venessa Lau


Wall Street Journal Trims Staff

Retail reporting staff to be cut.

clock February 5, 2009Irin Carmon and Amy Wicks

Beauty Features

Snippets: Obando Debuts Volumizing Range… Hair Lash…

The fledgling hair care line founded by fashion designer Juan Carlos Obando, Number 4, is expanding with a volumizing range.

clock February 6, 2009WWD Staff

Blow’s new product line.


Blow Salons Win Over Customers

While many salons are seeing less foot traffic due to cash-strapped customers, Blow reaped in a 20 percent sales increase for 2008.

clock February 6, 2009Andrea Nagel

Bio Ionic's KeraSmooth line.


Economy Rumbles at ISSE

The ripple effect of recent hair care acquisitions and the unraveling economy reverberated through the 33,000 attendees at the International Salon and Spa Expo.

clock February 6, 2009Rachel Brown


Regis Exec Expects Rocky Year

Regis chairman and CEO Paul Finkelstein is skeptical about the health of the overall salon industry.

clock February 6, 2009Andrea Nagel

Items from the Pink bath and body lineup.

Body Care

Victoria’s New Secrets: Fragrance and Green Products

Victoria’s Secret is launching two new green lines and a fragrance inspired by lingerie fabrics this spring in an effort to outrun a brutal economy.

clock February 6, 2009Julie Naughton

Body Care

Value Bath Booms in Economic Bust

The dour economy could have an upside for mass market bath departments.

clock February 6, 2009Faye Brookman

The Swarovski crystal-dotted Astor Place bottle.

Body Care

A Cubist Spin for Bond No. 9

Bond No. 9’s new fragrance Astor Place was inspired by The Cube sculpture by Tony Rosenthal, situated where Lafayette Street meets the Bowery.

clock February 6, 2009Matthew W. Evans


Ganter and Reith Align to Form N.Y.-Based Firm

Ganter’s new firm’s roster includes Van Cleef & Arpels Parfums and its latest launch, Féerie.

clock February 6, 2009WWD Staff

Heidi Manheimer, Lesley Jane Seymour, Judy Collins, Linda Marshall and Jenn Marshall.

Human Resources

Beyond Beauty Gala Hits $1M for OCD Research

230 industry executives gathered in the Union League Club Tuesday evening for the fifth annual Beyond Beauty fund-raising dinner.

clock February 6, 2009Julie Naughton and Matthew W. Evans

Guerlain is set to launch what it hopes will be a silver star: Rouge G de Guerlain, a 25-stockkeeping-unit lipstick line.

Color Cosmetics

Guerlain’s New Jewel: Rouge G

It’s back to the future with Rouge G de Guerlain, the lipstick collection due out April 1 worldwide.

clock February 6, 2009Julie Naughton and Jennifer Weil

Robert A. Amen


IFF Profits Up, Sales Decrease

International Flavors & Fragrances Inc. Thursday reported higher fourth-quarter earnings despite a drop in sales.

clock February 6, 2009Brid Costello

Some of Unilever’s top performers.


Unilever Fourth Quarter Profits Rise 51 Percent

Boosted by divestitures, Unilever reported its profits rose 51 percent to 1.19 billion euros, or $1.57 billion at average exchange, in the fourth quarter.

clock February 6, 2009Brid Costello

Scott Beattie


Arden Income Drops

Sales of Elizabeth Arden Inc.’s fragrances suffered in the second quarter, along with the company’s profits.

clock February 6, 2009Andrea Nagel


Sally Net Up 12 Percent in First Quarter

Profits at Sally Beauty Holdings Inc. were up 12 percent to $16.1 million during the first fiscal quarter ended Dec. 31, the company reported.

clock February 6, 2009Matthew W. Evans

Anna Netrebko


The Soprano: Netrebko’s Star Turn

In her highly anticipated return to the stage, Anna Netrebko stars in ‘Lucia di Lammermoor’ at the Metropolitan Opera House.

clock February 6, 2009Michelle Edgar

The forthcoming Bally Web store.

Designer and Luxury

Bally to Launch E-Commerce

Bally plans to launch its first online store this month.

clock February 6, 2009Cate T. Corcoran


4 Times Square Shuffles

Drew Schutte, vice president and publisher of The New Yorker, will become chief revenue officer of Conde Nast Digital.

clock February 6, 2009Stephanie D. Smith

Cover of Vogue


A Tough Second Half for Newsstand Sales

As the economy tumbled toward the end of the year, so, too, did magazine circulation.

clock February 6, 2009Stephanie D. Smith

Fashion Scoops

Fashion Scoops: Madoff’s Fashion Victims… The Obamas Appear…

The fashion universe among others were well represented when the list of victims of Bernard Madoff’s alleged $50 billion Ponzi scheme got the full reveal.

clock February 6, 2009WWD Staff


New Wrinkle for Oscar Red Carpet

The red carpet could get burned by an effort to make the Oscar telecast sizzle.

clock February 6, 2009Marcy Medina and Rachel Brown and Marc Karimzadeh


Chico’s Taps Murray

Chico’s FAS Inc. on Thursday named Cynthia Murray as brand president.

clock February 6, 2009Sharon Edelson


Daily Stock Wrap: February 5, 2009

The day’s gainers and losers.

clock February 6, 2009WWD Staff

Designer and Luxury

Hermès Taps Sole Creative Director

Pierre-Alexis Dumas is to take over as the sole artistic director of Hermès International, effective Monday.

clock February 6, 2009Katya Foreman


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Fashion Baby sneakers


Natalia Vodianova's Teenage Son Is Launching an Eco Sneaker Line

clock 16hMiles Socha

Social Studies

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