L’Oréal’s Strategy: Up Ad Spend, Cut Jobs, Boost Low-Cost Items

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Higher ad spending, job cuts part of plan.SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Mike Duke

Business Features

Wal-Mart Performance Outpaces Competitions

Wal-Mart’s fourth quarter profits fell, but revenues hit record level of $109.1 billion.

clock February 17, 2009Sharon Edelson


Retail Stocks Fall Tuesday

Retail stocks fell almost 4 percent Tuesday on concerns about recession and impact of stimulus package.

clock February 17, 2009Arnold J. Karr

Designer and Luxury

Versace CEO Urges Consistent Strategy

Versace reported an 8.2 percent increase in 2008 revenues.

clock February 17, 2009Andrew Roberts

Fashion Scoops

The Hilton Sisters at Pamella Roland: Times are Tough

The Hilton sisters set the photographers into overdrive Tuesday at Pamella Roland.

clock February 17, 2009WWD Staff

Khloe and Kim Kardashian

Fashion Scoops

Badgley Mischka Front Row

Khloe and Kim Kardashian, Mark Indelicato of Ugly Betty, and Jamee Gregory sat front row at Badgley Mischka.

clock February 17, 2009WWD Staff

Kim Raver

Fashion Scoops

Dennis Basso Front Row

Kim Raver and Star Jones were among the Dennis Basso crowd on Tuesday.

clock February 17, 2009WWD Staff

Carta E Costura

Designer and Luxury

Pitti W Offers Buyers Innovative Fashion

At last month’s Pitti W, a new pavilion was dedicated to innovative designer brands.

clock February 18, 2009Luisa Zargani


Fashion Features

Ones to Watch: Milan Fashion Week Preview

They’re young, talented and enthusiastic but, above all, they’re not letting the dark clouds of the recession overshadow their creative whims.

clock February 18, 2009Alessandra Ilari

Alexander McQueen McQ clothes for under $50, a DJ spinning dance tunes and a dimly lit, clubby atmosphere awaited at Target’s McQ pop-up shop last weekend.

Marketing and Promotion

Marketing Messages Get a Reality Check

Traditional values, not glitz, will engage consumers in ’09.

clock February 18, 2009Valerie Seckler

Fashion Scoops

Armani Donates $1M Gift to NYC Schools

Giorgio Armani is making a $1 million donation to The Fund for Public Schools as a personal “thank you” to New York.

clock February 17, 2009Marc Karimzadeh

A look from Jovani.

Ready To Wear

Economy Changes Buying Strategy at AmericasMart

In Atlanta, buyers focused on special, wear-now and affordable items at AmericasMart last month.

clock February 18, 2009Elizabeth Thurman

View of Diesel's 5th Avenue store.


Diesel Planet Opens on Fifth Avenue

The Diesel empire reached another milestone on Tuesday morning with the opening here of the fourth Diesel Planet store, its largest outpost in the world.

clock February 18, 2009Ross Tucker

Alexandra Richards at Alexander Wang.


All My Children: Celebrity Kids Pop Up at Fashion Week

Alexandra Richards, Zoe Kravitz and Dree Hemingway enter the New York Fashion Week circuit.

clock February 18, 2009WWD Staff

Jay McCarroll


Reality Bites: Catching Up With Jay McCarroll

This Friday, famously catty designer and “Project Runway” winner Jay McCarroll is the subject of a new documentary, “Eleven Minutes.”

clock February 18, 2009Vanessa Lawrence



Practicality Reigns at Las Vegas MAGIC

Value is the key driver for retail orders at the MAGIC trade show in Las Vegas.

clock February 18, 2009WWD Staff

Artful Dodger


Clean Men’s Streetwear Seen at MAGIC

Vendors cope with the troubled economy.

clock February 18, 2009David Lipke


Benetton Profit Rises in ’08

Retailer Benetton said that it plans ‘radical actions’ after slower fourth-quarter growth.

clock February 18, 2009Andrew Roberts

“The Fit” video on MySpace’s fashion community.


MySpace Focuses on Fashion

MySpace is growing its fashion community with full-time staff, a new look and daily updated articles and videos.

clock February 18, 2009Cate T. Corcoran


Givaudan Profits Gain 19.4 Percent

Swiss flavors and fragrances firm Givaudan reported its full-year 2008 net profits increased 19.4 percent on-year to 111 million Swiss francs.

clock February 18, 2009Brid Costello


LoRe’s Duties Expand at Frederick’s of Hollywood

Linda LoRe will now oversee wholesale unit as well as retail operations for Frederick’s of Hollywood.

clock February 18, 2009Arnold J. Karr

Business Features

In Brief: Magaschino Hires CFO… Nautica Signs License…

Magaschoni has hired its first chief financial officer… Nautica Apparel Inc. has signed a licensing agreement with The Levy Group Inc…

clock February 18, 2009WWD Staff

Business Features

PacSun Answers Adrenalina Proxy Threat

PacSun questioned the ability of its smaller rival Adrenalina to make an acquisition and criticized the proxy threat.

clock February 18, 2009Alexandra Steigrad

Fashion Features

Obit: Textile Magnate Sir Bernard Ashley, 82

Sir Bernard Ashley, the charismatic British textile tycoon, luxury property investor and widower of the designer Laura Ashley, has died at age 82.

clock February 18, 2009Samantha Conti


Obituary: Robert Fairchild, 66

Robert Fairchild, a member of the family that founded WWD and other Fairchild publications, died Monday.

clock February 18, 2009Whitney Beckett


Karstadt Results Propel Arcandor

Holiday sales for department store chain Karstadt helped reverse Arcandor Group’s recent losses in the first quarter.

clock February 18, 2009Melissa Drier

Lancôme’s new Oscillation mascara.


L’Oréal Lays Out 2009 Game Plan

Higher ad spending, job cuts part of strategy.

clock February 18, 2009Jennifer Weil


Memo Pad: Barbara Walters on Interviewing… Klum, aka “The Kluminator”…

Barbara Walters and Steve Kroft discussed the dos and don’ts of television journalism… Models Heidi Klum and Coco Rocha are on a comical quest…

clock February 18, 2009WWD Staff

Fashion Scoops

Vivienne Westwood at the Races… Ringmasters… Save the Garment Center…

Is Dame Vivienne Westwood embracing the establishment?… Nanette Lepore’s efforts to save the Garment Center are in full force…

clock February 18, 2009WWD Staff

Rachel Bilson

Fashion Scoops

Max Azria Front Row: Taking It Easy

At the Max Azria show Tuesday night, Rachel Bilson was just starting out her runway schedule.

clock February 18, 2009WWD Staff


Daily Stock Wrap: February 17, 2009

The day’s top gainers and losers.

clock February 18, 2009WWD Staff


Today's Must Read

Chitose Abe


Bridget Foley's Diary: Chitose Abe's Love Fest

clock 15hBridget Foley

Social Studies