Carlos Slim Raises Stake in Saks Inc.

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Overview

The world’s richest man clearly believes in the longevity of the luxury retail boom — and he’s already almost $1 million richer because of it.SEE LIST BELOW FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

A view of American Eagle Outfitters.

Financial

American Eagle Trims Outlook

Investors look past better second-quarter profits and are spooked by inventory levels, sending the stock down to a two-year low.

clock August 24, 2011Evan Clark

Linda LoRe

Financial

Frederick’s of Hollywood’s Linda LoRe to Resign

The firm’s longtime president will leave the company on Sept. 2.

clock August 24, 2011Karyn Monget

Ugg

Business Features

Deckers, Emu Settle Trademark Lawsuit

Deckers Outdoor Corp., the owner of Ugg Australia, reach settlement, ending a year-long legal battle.

clock August 24, 2011Alexandra Steigrad

Paul Marciano, Co-Chairman and Co-CEO, Guess Inc.

Financial

Guess Income Slips to $60.7M in Quarter

The Los Angeles-based sportswear firm posted better-than-expected second-quarter earnings.

clock August 24, 2011Arnold J. Karr

Traditional black and white is turning, well, green with envy as resort’s dainty laces get washed in color. Here, No. 21’s cotton and nylon lace dress and Christian Louboutin shoes.

Fashion Trends

Resort 2012 Trend: Laced With Color

Some of resort’s most cheerful dresses come in a refreshing array of rainbow brights.

clock August 25, 2011Antonia Sardone

Target.com

Retail

Target Takes Control of Its E-Commerce

The mass retailer on Wednesday relaunched its Web site, signaling the end of its relationship with Amazon.com.

clock August 25, 2011Sharon Edelson

Glen Senk and Keith Johnson after their Corsica wedding.

Fashion Scoops

Glen Senk and Keith Johnson Tie the Knot at Sea

Having lived under the same roof for the past 38 years, the fashion-centered duo made their union official Sunday.

clock August 25, 2011WWD Staff

Fashion Scoops

Lacoste’s Fashion’s Night Out Coup

Red-hot band Foster the People will perform a private concert for the brand after making a public appearance at the Fifth Avenue flagship.

clock August 25, 2011WWD Staff

The CFDA’s Design Manifesto.

Fashion Scoops

CFDA Distributes Design Manifesto

The association sent posters to nearly 1,300 people in design studios, retail offices, fashion schools and other fashion environments.

clock August 25, 2011WWD Staff

Fashion Scoops

Knockoff Thursday Friday Bag Found on eBay

Since the company settled a lawsuit with Hermès International over the offending tote, counterfeits have been turning up online.

clock August 25, 2011WWD Staff

Patrick Schwarzenegger poses for Hudson Jeans.

Media

Hudson Jeans Taps Patrick Schwarzenegger for Campaign

The 17-year-old son of Arnold Schwarzenegger and Maria Shriver has been causing a stir posing shirtless on a Sunset Boulevard billboard for the brand.

clock August 25, 2011David Lipke

Silver Sands Factory Stores in Denton, Fla.

Retail

Carlos Slim Raises Saks Stake to 16.9%

The world’s richest man clearly believes in the longevity of the luxury retail boom — and he’s already almost $1 million richer because of it.

clock August 25, 2011Vicki M. Young and Arnold J. Karr

Sketches for Exclusively Misook.

Designer and Luxury

HMX Group Steps Up Women’s Business

As part of its overhaul, the company is adding the licensed Ivanka Trump ready-to-wear collection, which will launch during the September market.

clock August 25, 2011Marc Karimzadeh

Tori Richard

Retail

Buyers Find Plenty to Like in Las Vegas

Newness and basics with a twist garnered attention at a host of trade shows.

clock August 25, 2011Jean E. Palmieri and David Lipke

Nigel Cabourn’s jacket, 8. 15 August Fifteenth shirt and Crate’s shorts, all in cotton. Levi’s Made & Crafted bandana; Dockers’ belt.

Fashion Features

Top Spring Trends From Las Vegas Shows

Retailers embraced military influences, vintage prints and a splash of color as the new fashion directions for the season.

clock August 25, 2011WWD Staff

Essentialist

Today's Must Read

Theresa May announces her resignation outside No.10 Downing Street

Fashion

Theresa May Steps Down as U.K. Prime Minister, Pound Surges

clock 20hFiona Ma

Social Studies