New World for Luxury: Aspirational Retreat, Elitism Comes Back

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Aspirational shoppers take to the sidelines.SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Harrison Suede Tote from the men’s collection.

Business Features

Coach Profits Rise in Fourth Quarter

Shares of Coach Inc. fell 3.5 percent Tuesday despite a 34.1 percent increase in fourth-quarter profits.

clock August 3, 2010Vicki M. Young


P&G Aims to Keep Up Market Share

P&G’s beauty profits up in the quarter ended June 30.

clock August 3, 2010Molly Prior

The new Victoria’s Secret in SoHo.


B-T-S Sales Seen Soft in July

Consumers leave shopping for later in the summer.

clock August 4, 2010Alexandra Steigrad and Evan Clark


Borletti Bids Again for Karstadt

Karstadt creditors committee in June accepted an offer from private investor Nicolas Berggruen and BCBG Max Azria Group.

clock August 4, 2010Joelle Diderich


Retail Stocks Tumble Tuesday

S&P Retail Index fell 1.9 percent, or 7.92 points.

clock August 4, 2010WWD Staff

VPL by Victoria Bartlett’s cotton and viscose sweater over cotton and polyester pants. Alexander Wang shoes.

Fashion Trends

Resort 2011 Trend: Raw Material

A little skin and a lot of attitude — it’s a key look for resort as designers anchor edgy fare with cropped tops.

clock August 4, 2010WWD Staff

Taylor Momsen at the Macy's launch of Madonna's new line Material Girl.


Madonna’s Fashion Line Draws Crowds in New York

Macy’s rolled out the pink carpet for Madonna fans on Tuesday.

clock August 4, 2010Sharon Edelson and Marcy Medina

An ICE agent searches one of eight Bay Area retailers suspected of selling counterfeit apparel and accessories.

Government and Trade

San Francisco Merchants Indicted in Major Counterfeit Ring

Case involves $100 million in fake merchandise.

clock August 4, 2010Liza Casabona

Fendi bag.

Business Features

Defining the New Luxury

Many consumers who reached beyond their means into the luxury sphere during the boom years have since simply “dropped out.”

clock August 4, 2010Miles Socha and Samantha Conti


Fashion Scoops

Ke$ha and More… Chelsea Clinton’s “Majestic” Day…

Ke$ha headlines Casio’s third annual “Shock the World” event.

clock August 4, 2010WWD Staff

1 World Trade Center


Condé Nast Offices Migrate South?… Ecko Picks Lindsay Lohan for Virtual Gig…

Condé Nast looks poised to take a 3.5-mile leap to the financial district of lower Manhattan.

clock August 4, 2010WWD Staff



Sephora Launches Mobile Web Site

Sephora’s smartphone-enabled site gives users the ability to shop and offers suggestions based on past purchases.

clock August 4, 2010Julie Naughton

Armani with Megan Fox at the Giorgio Armani Privé show in July.

Marketing and Promotion

Megan Fox Named Face of Giorgio Armani Cosmetics

“Mr. Armani is an iconic visionary for all things fashion,” Fox said.

clock August 4, 2010Julie Naughton


Daily Stock Wrap: August 3, 2010

The day’s top gainers and losers.

clock August 4, 2010WWD Staff


Today's Must Read

Hero Cosmetics Rescue Mission Holiday Kit


Holiday Shopping in Beauty Focuses on Discounts, D-to-c

clock 12hAllison Collins

Social Studies

WWD logo Global Stock Index

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