Ackman, Vornado Team To Buy 26% of Penney’s

No cover image


Activist investor takes 16.5% stake in retailer, bets big on consumer.SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Sales momentum is waning for Uniqlo parent Fast Retailing.


Fast Retailing Cuts Profit Forecast

Uniqlo parent has seen uneven sales.

clock October 8, 2010Amanda Kaiser

Human Resources

American Apparel Names Casey Acting President

Former Blockbuster executive Tom Casey will report to ceo and founder Dov Charney at American Apparel.

clock October 8, 2010Vicki M. Young

J.C. Penney's storefront.


Ackman, Vornado Team to Buy 26% of Penney’s

William Ackman will pay $903 million to buy 39.1 million of J.C. Penney’s shares and options.

clock October 8, 2010Evan Clark

Sarah Jessica Parker in Halston Heritage.


New York City Ballet’s Fall Gala Pulls in Star Wattage

Sarah Jessica Parker and Natalie Portman attended the event.

clock October 8, 2010WWD Staff

Kelly Osbourne in Fendi with Sharon Osbourne.


Fendi Hits the Beverly Center

Tracee Ellis Ross, Perrey Reeves and Kelly and Sharon Osbourne help Fendi open their Beverly Center store.

clock October 8, 2010WWD Staff

Taiwanese president Ma Ying-jeou and Jason Wu.

Fashion Scoops

Frenzy for Jason Wu in Taiwan… L’Oréal’s Image Issues… Uma Incognito…

Jason Wu met with Taiwanese president Ma Ying-jeou and presented him with a dress to give to his wife. Also, a dressed-down Uma Thurman turns up at Sotheby’s.

clock October 11, 2010WWD Staff

Maidenform’s Fat Free Dressing by Flexees.


Maidenform, Times Three Clothier in Legal Fight

The companies file lawsuits over shapewear design.

clock October 11, 2010Karyn Monget

Jennifer Meyer earrings.


Rising Price of Gold Forces Jewelers to Adjust

The fallout includes use of mixed metals and changes in design.

clock October 11, 2010Lauren Benet Stephenson


Retail Stocks Up for Week

Dow tops 11,000 despite lackluster jobs report from Labor Department.

clock October 11, 2010Arnold J. Karr and Liza Casabona


John Frieda Enters Hair Color Arena

John Frieda Precision Foam Color line launches in the U.K. next month.

clock October 11, 2010Brid Costello and Andrea Nagel

Rachel Weisz

Beauty Features

Rachel Weisz Tapped by L’Oréal

Rachel Weisz will be the face of all of L’Oréal Paris markets worldwide, except the U.S.

clock October 11, 2010Jennifer Weil

The new Gant store, with renderings of its signage.


Gant to Open New Haven Store

Gant will open a men’s store adjacent to the Yale University campus.

clock October 11, 2010David Lipke

An advertisement for Gucci Masters 2010.

Designer and Luxury

Gucci to Sponsor Equestrian Event

The second Gucci Masters, an indoor horse-jumping show, will take place Dec. 3 to 5.

clock October 11, 2010Luisa Zargani


Shop Martha… Off Duty’s New Hire… Larry Clark Shocks the French…

One not-so-arts-and-craftsy project on Martha Stewart’s mind is opening her own stores. Also, Larry Clark shocks again.

clock October 11, 2010WWD Staff

Bill Ackman


William Ackman: The Man Behind the Moves

Activist investor William Ackman has never shied from the spotlight, and his recent investment in J.C. Penney Co. is no different.

clock October 11, 2010Alexandra Steigrad

Lanvin RTW Spring 2011

Fashion Trends

Spring 2011 Runway Trend: Move to the Pleat

From crinkled effects to graphically folded rays, pleats made a big impact on the spring runways.

clock October 11, 2010WWD Staff

Fashion Features

May 25, 1994: Time Management

The notion of retiming shipments was an equally hot-button subject six years ago.

clock October 11, 2010WWD Staff


Today's Must Read

Atmos store sneakers on wall


Foot Locker’s $1.1 Billion Acquisition Binge

clock 23hEvan Clark

WWD logo Global Stock Index

Business Page right arrow