Retail Rollback: Wave of Store Closures Seen in the Cards

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Call it the Great Retail Rationalization of the Great Recession. SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue


Kao Q1 Net Profit Slides 31%

The global economic downturn is slowing but consumer sentiment is not yet recovering, the company said.

clock July 24, 2009Koji Hirano


De Beers 1H Net Falls 99 Percent

Diamond mining company said to be experiencing “historically difficult trading conditions.”

clock July 24, 2009Nina Jones


CIT Tweaks Bond Buyback Offer

Lender said it did not intend to file for bankruptcy protection if the debt buyback is successful.

clock July 24, 2009Evan Clark

Isaac Mizrahi

Designer and Luxury

Isaac Mizrahi Partners With QVC

Designer Isaac Mizrahi to create lifestyle collection that “will encapsulate Isaac’s design aesthetic.”

clock July 24, 2009Marc Karimzadeh

Jennifer Weiner


Queen of Chick Lit: Jennifer Weiner

Bestselling writer Jennifer Weiner releases her latest novel “Best Friends Forever.”

clock July 27, 2009Elisa Lipsky-Karasz


Manhattan Socials Move Into Grey Gardens

Boykin Curry and Celerie Kemble have rented the iconic estate Grey Gardens, former home of Edie Beale, for the next five years.

clock July 27, 2009WWD Staff

Jennifer Westfeldt


A Different Side of Jennifer Westfeldt

The actress Jennifer Westfeldt tackles a manic depressive character in the new play “A Lifetime Burning.”

clock July 27, 2009Vanessa Lawrence

Ted Baker is looking for new licensees and expanding its retail operation.


Ted Baker Seeks Fresh Start in U.S.

Ted Baker is shoring up its U.S. business after master license with Hartmarx dissolved.

clock July 27, 2009Brenner Thomas


Fortunoff Family Buys Back Brand

Family of Fortunoffs eyes relaunch of home furnishings and jewelry chains.

clock July 27, 2009David Moin

Jane Hertzmark Hudis

Human Resources

Luncheon Honors Lauder’s Hudis

Jane Hertzmark Hudis, global brand president of the Estee Lauder brand, was welcomed to her post with a celebratory lunch at Manhattan’s Le Bilboquet.

clock July 27, 2009Julie Naughton

Mervyns going out of business.


Retail Rollback: Wave of Store Closures Expected

Experts urge careful examination of real estate, while Jones New York and AnnTaylor Stores plan to shut almost 400 units.

clock July 27, 2009Evan Clark

Jockeys in New Zealand posing in Jockey briefs.


Jockey Fetes Moments in Time

Innerwear specialist celebrates 75th anniversary of Jockey shorts with horse racing and history of underwear tour.

clock July 27, 2009Karyn Monget and Brenner Thomas


In Brief: Retail Advisory Firm Karabus Adds Three

Unger, Efros and Krakovsky join Canadian retail advisory firm Karabus.

clock July 27, 2009WWD Staff

Valextra's new Rome store

Designer and Luxury

Valextra Opens in Rome

Valextra’s second Italian retail outpost was unveiled earlier this month in Rome.

clock July 27, 2009Luisa Zargani


Stocks Up Again Last Week

S&P Retail Index rode ahead 4.7 percent with year-to-date advance of 25.8 percent.

clock July 27, 2009Arnold J. Karr

Betsy Johnson shows off at FABB in 2007.

Designer and Luxury

Handbag Awards Shows Give Designers a Boost

Special events give recognition and financial support to handbag designers.

clock July 27, 2009Caroline Tell

Clockwise from top: Radley London bag in leather, Michael Michael Kors in python-embossed leather, Big Buddha in PVC, Fossil in leather, Dooney & Bourke in nylon, Bueno in leather.


Retailers Bank on Functional, Well-Priced Handbags

Department stores keep a close eye on pricing and banking on handbag styles that offer multiple options.

clock July 27, 2009Caroline Tell and Holly Haber and Anne Riley-Katz

Judith Leiber store.

Designer and Luxury

Game On: Handbag Firms Ramp Up Moves

From store openings and new lines to creating their own social networking sites, handbag firms are on the move.

clock July 27, 2009WWD Staff

From top: Bottega Veneta's hobo in crocodile, Sang A's purse in water snake and Chanel's purse in alligator.

Designer and Luxury

Consumer Demand Strong for Exotic Skin Handbags

Despite the current economic hardships, exotic skin handbag vendors say demand is still strong for bags made with alligator, crocodile and other rare skins.

clock July 27, 2009Sophia Chabbott


Marcolin, Swarovski Sign Eyewear License

Swarovski sunglasses to debut in 2011.

clock July 27, 2009Alessandra Ilari


Online Jeweler Issues Apology pays unspecified compensation to settle complaint by Cartier, David Yurman and others.

clock July 27, 2009Matthew Lynch


Memo Pad: Lucky Blogger… Gilt Travels…

Racked’s Leslie Price has traded her flats for stilettos, jumping to Lucky as online editor.

clock July 27, 2009WWD Staff

Amber Valletta

Ready To Wear

Model Maker: Amber Valletta to Launch Clothing Line

Amber Valletta never thought “fashion designer” would be part of her resume.

clock July 27, 2009Julee Kaplan

Fashion Scoops

Speedo Dives In… Simon Doonan Back for Night of the Stars…

Speedo is taking issue with FINA’s decision to ban its LZR Racer suit.

clock July 27, 2009WWD Staff

A piece from Harry Winston’s Made in New York collection.

Designer and Luxury

Harry Winston Loves New York

Harry Winston designs jewelry inspired by New York like the Guggenheim pendant, a swirl of pavé diamonds echoing Frank Lloyd Wright’s architectural masterpiece.

clock July 27, 2009Sophia Chabbott

The Feed/Read 3 bag.


Lauren Bush Teams With B&N for Charity Bag

Lauren Bush helps launch the Feed/Read 3 bag, and in doing so aims to provide 30,000 meals to children in impoverished countries.

clock July 27, 2009Rosemary Feitelberg

The Webster’s facade.


The Webster Opens in Miami

Parisians open an upscale boutique in Miami aimed at the fashion set.

clock July 27, 2009Rebecca Kleinman


Today's Must Read

John Elliott in Miami Design District


John Elliott Opens New Location at Miami Design District

clock 7hObi Anyanwu

Social Studies

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