Caught in a Vise: Closures, Rent Cuts Squeeze Mall Developers

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Now that General Growth Properties Inc. has filed for Chapter 11 bankruptcy protection, the question is whether more recession-hit developers might follow. SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Uniqlo Logo


Uniqlo to Sell Online in China With Taobao

Japanese brand forms partnership with Chinese e-tailing giant.

clock April 16, 2009Lisa Movius

Business Features

Bally Severs Ties With CEO Franchini

Executive leaves luxury firm for personal reasons after seven-year stint.

clock April 16, 2009Andrew Roberts

General Growth filed for Chapter 11 Thursday.

Business Features

General Growth Fails in Bankruptcy Fight

The Chapter 11 filing of General Growth Properties, which operates more than 200 malls, is the the largest bankruptcy in the history of U.S. real estate.

clock April 16, 2009Vicki M. Young

Human Resources

Nat Nast Names DeParis CEO

Men’s sportswear firm Nat Nast taps former Escada executive, Lawrence C. DeParis.

clock April 16, 2009Jean E. Palmieri

Buyers at AmericasMart lessened their budgets and zeroed in on visually appealing immediates.


Atlanta Buyers Willing if Not Always Able

Budgets trimmed but interest is high.

clock April 17, 2009Elizabeth Thurman

Solid Perfume is among Pacifica’s latest offerings.


Pacifica Embarks on Push Into Retail Stores

Pacifica’s transition from gift brand to beauty brand has been given the stamp of approval from specialty beauty retailers.

clock April 17, 2009Rachel Brown

A few of the existing Urth items.

Body Care

A Down to Urth Introduction

Face care marketer Urth Skin Solutions for Men is planning to branch into body care with the launch of four new products during the third quarter.

clock April 17, 2009Matthew W. Evans

Beauty Features

Snippets: IFF CFO… Nelly’s Apple Bottom Perfume…

International Flavors & Fragrances Inc. said Thursday it named Kevin Berryman executive vice president and chief financial officer.

clock April 17, 2009WWD Staff

Save Fashion images will be used in the store and online.


Port Authority Launches Pop-Up Shop

Save Fashion, a month-long pop-up shop with a roster of rotating designer labels, will debut next month in the Port Authority Bus Terminal in New York.

clock April 17, 2009Rosemary Feitelberg

Luigi Murenu and John Frieda


John Frieda Names Murenu Global Creative Consultant

John Frieda has named Italian hairstylist Luigi Murenu as global creative consultant to help extend the brand’s worldwide reach.

clock April 17, 2009Gillian Koenig

Maybelline New York is looking to resuscitate the mass lipstick category with Color Sensational, a 48-shade lipstick range that also includes 
glosses and lip liners.

Color Cosmetics

Maybelline Adds Sheen to Lip Category With Color Sensational

Maybelline New York readies for its biggest lipstick launch in years with Color Sensational line.

clock April 17, 2009Andrea Nagel

A view of the shelves.


In Paris, Aépure Boutique Guns for Independents

The new Left Bank beauty store Aépure sells solely independent brands from around the globe.

clock April 17, 2009Jennifer Weil

Inside the Bobbi Brown Tokyo store.


Bobbi Brown Plots Global Growth

Bobbi Brown is thinking globally, with a plan that will nearly triple her number of international freestanding stores within the next three years.

clock April 17, 2009Julie Naughton

Part of the Amala range.


Amala Readies Specialty Store Launch

Amala enters prestige beauty market in U.S., debuting at Barneys stores across the country.

clock April 17, 2009Julie Naughton

Luisella Tepatti


Italy’s Esxence Fair Highlights Niche Fragrances

People on the scent of novelty have a new destination in Italy: the Esxence niche fragrance fair.

clock April 17, 2009Jennifer Weil

Items from Dr. Brandt’s Time Arrest line.

Skin Care

Frederic Brandt Gives Product Collection a Face Lift

Dr. Brandt has a prescription for spring: refreshed packaging, two new product collections and lower price points.

clock April 17, 2009WWD Staff

David Russell, Mary van Praag and John Burgfechtel.


Coty Touts Integration Strides

For attendees at last year’s National Association of Chain Drug Store’s Annual Meeting, Coty Inc. was the talk of the conference.

clock April 17, 2009Faye Brookman and Molly Prior

Laura Geller


Laura Geller Goes Into Overdrive

Makeup artist Laura Geller, best known for products like Spackle makeup primer, is banking on bricks-and-mortar to fuel a planned growth spurt.

clock April 17, 2009Molly Prior


Gloomy Forecast for Luxury

New study concludes high-end spending is at record low.

clock April 17, 2009Cecily Hall

Calvin Tsao, Adi Shamir and Yeohlee Teng.

Government and Trade

Yeohlee Teng Discusses Changing Garment Center

Designer Yeohlee Teng and architect Calvin Tsao discussed the evolution of the Garment Center and the possibility of a buy-local initiative.

clock April 17, 2009Rosemary Feitelberg

A tulle Vionnet gown in bad need of restoration

Designer and Luxury

Prepping for a Vionnet Exhibit

Show to kick off in June.

clock April 17, 2009Katya Foreman


Carrefour Sales Fall

Carrefour’s results hit by France, Spain.

clock April 17, 2009Miles Socha

Tim Geithner

Government and Trade

Textile Industry Upset Over China Report

Domestic textile firms are upset about the Obama administration’s decision not to declare China a currency manipulator.

clock April 17, 2009Liza Casabona

Hyundai, Lotte and Shinsegae, South Korea’s three biggest department store operators, saw their collective sales in February fall 0.3 percent.


South Korean Retailers Brace for Downturn

Tourists help boost sales in South Korea.

clock April 17, 2009Brett Cole


Daily Stock Wrap: April 16, 2009

The day’s gainers and losers.

clock April 17, 2009WWD Staff


L&T to Meet with Vendors

Retailer Lord & Taylor to discuss operations and plans.

clock April 17, 2009David Moin


Muji Slows Expansion

Retailer to focus on Asia.

clock April 17, 2009Kelly Wetherille

Inside the new Marni store in New York.


Marni Opens Second N.Y. Shop

Marni opens second unit in Manhattan in uptown location.

clock April 17, 2009Sharon Edelson

Cynthia Rowley and Bill Powers on the cover of Phillips de Pury & Co.’s new catalogue.

Fashion Scoops

Rowley Rattles… Woody Allen v. Dov… Prada Test Run…

Cynthia Rowley and her husband, gallerist Bill Powers, are known to have an affinity for contemporary art.

clock April 17, 2009WWD Staff

Ron Prince is the new associate publisher, marketing, at In Style magazine.


Memo Pad: Meeting the Prez… New at In Style…

The White House Correspondents Association’s annual dinner has long been some combination of griping and gawking

clock April 17, 2009WWD Staff

Filmmaking brothers Albert and David Maysles.


Albert Maysles on Grey Gardens

In a career that’s spanned nearly five decades, Albert Maysles has taken on everyone from Bible salesmen to The Beatles to Christo and Jean-Claude.

clock April 17, 2009Jacob Bernstein

General Growth Properties’ South Street Seaport may be up for sale.


Mall Developers Face Uphill Battle

Now that General Growth Properties Inc. has filed for Chapter 11 bankruptcy protection, the question is whether more recession-hit developers might follow.

clock April 17, 2009Sharon Edelson


Retail Stocks Move Forward Thursday

Retail stocks advance 3.2 percent despite General Growth bankruptcy, weak housing data.

clock April 17, 2009Evan Clark


Bulgari Forecasts First-Quarter Loss

Company rules out putting itself up for sale.

clock April 17, 2009Andrew Roberts


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