LVMH Stays the Course: Arnault Upbeat Despite the Recession

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

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

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

Retail said it would eliminate roughly 370 jobs.

NRDC-owned jeweler files for second time.

Eyewear giant estimates 16 percent decrease.

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

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

Retail reporting staff to be cut.

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

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

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.

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

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.

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

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

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

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

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

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

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.

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

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.

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

Bally plans to launch its first online store this month.

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

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

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.

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

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

The day’s gainers and losers.

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