Wall Street Plunges on Fears Economic Rebound Is a Dud

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Weak same-store sales in April proved to be merely a footnote to a day of wild gyrations on Wall Street and declines in Asia and Europe.SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Fred Leighton

Designer and Luxury

A Fresh Vision for Fred Leighton

New Fred Leighton ceo Greg Kwiat wants “smart” growth for the estate jeweler.

clock May 3, 2010Sophia Chabbott


Hermès Sales Leap in First Quarter

Hermès International’s sales surged 18.5 percent in the first quarter to 507.7 million euros, or $703.5 million.

clock May 6, 2010Miles Socha


Fast Retailing Comps Fall for 2nd Month

Uniqlo’s same-store sales slumped 12.4 percent in April.

clock May 6, 2010Amanda Kaiser

Stuart Weitzman Chairman, CEO, Designer; Stuart Weitzman

Business Features

Jones Acquires Majority of Stuart Weitzman

Jones Apparel Group to make initial payment of $180 million.

clock May 6, 2010Lisa Lockwood


Liz Claiborne Losses Narrow

Liz Claiborne Inc. refinances bank deal, looks abroad.

clock May 6, 2010Evan Clark


Bill Wackermann Gets Business Helm at W

Publishing director of Glamour, Details and Brides will be assuming responsibility for the business operations of W magazine, effective immediately.

clock May 6, 2010Nick Axelrod

Uma Thurman and Diane von Furstenberg


Celebrating Film at the IFP Spring Gala

Uma Thurman, Alexis Bledel and Nina Dobrev were among those who attended the organization’s spring gala.

clock May 6, 2010WWD Staff

The Dow Jones Industrial Average dropped on Wednesday.


Wall Street’s Roller Coaster Day

S&P Retail Index ended the day at 451.06, down 16.58 points, or 3.6 percent, but was off as much as 8 percent before bouncing back.

clock May 6, 2010WWD Staff

Grow Luscious by Fabulash

Color Cosmetics

Lash Leads Revlon’s Second-Half Push

Revlon brand’s core new product launch is a lash enhancer-mascara called Grow Luscious by Fabulash.

clock May 7, 2010Andrea Nagel

Scott Beattie


Elizabeth Arden Loss Widens on Charges

The New York-based cosmetics maker Elizabeth Arden’s net loss grew 4.1 percent to $3.9 million.

clock May 7, 2010Matthew Lynch


Avon Pressed by Shareholders About Probe

Avon Products Inc. chairman and chief executive officer Andrea Jung fielded several questions from shareholders about the ongoing bribery probe.

clock May 7, 2010Molly Prior

Inside the Ferretti salon.


Rossano Ferretti Salon Opens Madison Avenue

Rossano Ferretti space at 595 Madison Ave is the hairstylist and salon owner’s 20th location.

clock May 7, 2010Andrea Nagel

The London-based nail care brand Nails Inc. and Diet Coke's limited edition line of nail polishes in the U.K.

Beauty Features

Markwins Promotes… Makeup Shake-up… Fizzy Fingers…

Markwins International has announced the promotion of Goran Agardh to general manager and director of sales and marketing for Markwins Beauty Products Europe.

clock May 7, 2010WWD Staff

A still from the infomercial.

Marketing and Promotion

P&G Launches Infomercial for Olay Pro-X

With 28-minute spot, P&G hopes to promote the science behind Olay Professional Pro-X in a new infomercial.

clock May 7, 2010Andrea Nagel

La Roche-Posay’s Anthelios sunscreen.


La Roche-Posay to Launch Sun Care Initiative

CVS Pharmacy and La Roche-Posay launch Save Our Skin campaign to promote skin care awareness and early protection.

clock May 7, 2010Faye Brookman

Ingrid Jackel


Physicians Formula Swings to Profit

Physicians Formula posts first-quarter earnings of $520,000.

clock May 7, 2010Molly Prior

Hissyfit Body Double

Skin Care

Hissyfit Plans U.S. Expansion

Beauty brand Hissfit develops color cosmetics line scheduled for release in the fourth quarter.

clock May 7, 2010Rachel Brown

Mindy Grossman and Maureen Chiquet

Fashion Scoops

Mother’s Day Honorees… Times Square Bomb Suspect Linked to Elizabeth Arden…

The 32nd annual Outstanding Mothers Awards luncheon took place at The Pierre.

clock May 7, 2010WWD Staff


Fragrance App Launches

The Aramis and Designer Fragrances division of the Estée Lauder Cos. is trying something a little different in its quest to sell fragrances.

clock May 7, 2010Julie Naughton and Brid Costello

Calvin Klein Beauty


Calvin Klein’s New Beauty

Diane Kruger will appear in ads for Calvin Klein Beauty scent.

clock May 7, 2010Julie Naughton

Jon Bon Jovi

Beauty Features

Bon Jovi Helps DKMS Fight Leukemia

One of the most moving moments of the DKMS fourth Annual Gala: Linked Against Leukemia event was when a mother met the bone marrow donor who saved her children.

clock May 7, 2010Julie Naughton

Marketing and Promotion

Fashion Group Probes Consumer Psyche

Thia Breen, president for North America for the Estée Lauder Cos. Inc., and Allen Burke, director of beauty merchandising for QVC, talk beauty and marketing.

clock May 7, 2010Belisa Silva

Ali Hewson and Bono.


Bono Drops In on Nude Dinner

Bono appears at dinner marking the newest launch by Nude, his wife’s beauty brand.

clock May 7, 2010Julie Naughton and Pete Born


L’Occitane Sets Price For Hong Kong IPO

L’Occitane has fixed the share price for its initial public offering at 15.08 Hong Kong dollars.

clock May 7, 2010Jennifer Cardenas

Dress by Charles James, 1955.

Fashion Features

Brooklyn Museum Launches Fashion Exhibit

Brooklyn Museum’s retrospective, “American High Style: Fashioning a National Collection,” opens today.

clock May 7, 2010Sarah Haight and Cate T. Corcoran

Martin Amis


Martin Amis on Feminism and Tennis

Martin Amis, seated on a slightly crooked, hand-carved African wooden chair in the sitting room of his London home, discusses contemporary culture.

clock May 7, 2010Samantha Conti

Diane von Furstenberg


Diane von Furstenberg: Running for Miss Popular

The CFDA president Diane von Furstenberg has hosted or been part of no fewer than eight parties in two weeks.

clock May 7, 2010WWD Staff


WWD Postcard: Kara Ross in Saudi Arabia

The jewelry designer Kara Ross checks in from the Middle East.

clock May 7, 2010Kara Ross

Designer and Luxury

Ittierre Gets Fresh Funds

Ittierre SpA secured fresh funds totaling 60.6 million euros, or $77.4 million.

clock May 7, 2010Luisa Zargani

Mergers and Acquisitions

PVH Completes Hilfiger Acquisition

Phillips-Van Heusen Corp. said it has completed the acquisition of Tommy Hilfiger BV and certain affiliated companies.

clock May 7, 2010Lisa Lockwood

A rendering of the new Canali store.

Designer and Luxury

Canali Opens London Flagship

The English gent is about to get a healthy dose of Italian style.

clock May 7, 2010Emilie Marsh

A Diesel store.

Human Resources

Only The Brave Taps New CEO

Only the Brave Srl, Diesel’s holding company, picks Daniela Riccardi as ceo.

clock May 7, 2010Alessandra Ilari

Designer and Luxury

Versace Prevails in Counterfeit Suit

About $20M awarded by jury in Los Angeles federal court.

clock May 7, 2010Matthew Lynch

The Cover of O magazine.


The Women of O

O magazine editor Susan Casey, Oprah’s bff Gayle King, and publisher Jill D. Seelig discuss the publication’s first decade and its future.

clock May 7, 2010Nick Axelrod

An image from Givenchy’s fall-winter 2010 campaign.


Tisci’s Trans Europe Express… Fashionair Paused…

Givenchy designer Riccardo Tisci is using a transgender woman among the cast for the house’s fall-winter ad campaign, and it’s someone he knows well.

clock May 7, 2010WWD Staff


Daily Stock Wrap: May 6, 2010

The day’s gainers and losers.

clock May 7, 2010WWD Staff


Today's Must Read

Mariano Puig Planas


Mariano Puig Planas Dies

clock 9hJennifer Weil

Social Studies

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