Consolidation Hits L&T and The Bay

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The changes were triggered by the Canadian parent Hudson’s Bay Co., which is streamlining to enhance earnings and efficiencies and achieve its goal of going public, possibly this year.SEE LIST BELOW FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

A view of Yigal Azrouël’s Cut25 store in SoHo.

Designer and Luxury

Yigal Azrouël’s Cut25 Flagship Opens

The contemporary sibling of the designer’s signature collection will unveil its first store at 129 Grand Street on Friday.

clock February 1, 2012Sharon Edelson


Swiss Watch Exports Rise 19.2% in 2011

Hong Kong was the biggest market in value terms, with sales up 28.3 percent for the year, reflecting the dynamism of its reexports to neighboring countries.

clock February 2, 2012Joelle Diderich

David Beckham arriving at the H&M Regent street store


David Beckham Fetes H&M Launch in London

“I’d like to be as big as Calvin Klein is in underwear,” the soccer star said.

clock February 2, 2012Samantha Conti

Outside a Gap store in Japan.

Business Features

Warm Weather Weighs on Comps; Luxe Shines

Many stores below expectations on spotty inventory, unseasonable weather.

clock February 2, 2012Alexandra Steigrad and Kristi Ellis and Arnold J. Karr

Human Resources

Brian Lynch Replaces Christine Beauchamp at Ann Taylor

The company warned that weakness at the brand’s stores caused it to miss fourth-quarter expectations.

clock February 2, 2012Evan Clark


Feds Make Super Counterfeit Bust

Federal authorities said Thursday they had made “record-breaking seizures” of $4.8 million in NFL and Super Bowl merchandise.

clock February 2, 2012Kristi Ellis

Bernard Arnault


Bernard Arnault Touts Banner Year for LVMH

French luxury conglomerate cites “excellent” momentum in Europe, U.S. and Asia in 2011.

clock February 2, 2012Miles Socha and Joelle Diderich

Barbara Palvin

Human Resources

L’Oreal Paris Taps Barbara Palvin

The young model will make her brand ambassador debut as the face of Rouge Caresse lipstick.

clock February 2, 2012Nina Jones

David Hockney’s “Nov 7th, Nov 26th 2010 Woldgate Wood 11:30am and 9:30am”


David Hockney Showcases His Home in ‘A Bigger Picture’

The Yorkshire native salutes the region’s landscape in a major show at London’s Royal Academy of Arts.

clock February 2, 2012Samantha Conti

Linda Fargo and Christian Louboutin


Dancefloor Déjà Vu With Christian Louboutin

Bergdorf Goodman fêted the famed shoe designer with a crimson-tinted dance party.

clock February 2, 2012Alessandra Codinha


Claims of Bias Filed in Wal-Mart Case

More than 500 current and former women employees from five states have filed discrimination charges with the EEOC.

clock February 2, 2012Kristi Ellis

Urban Outfitters

Human Resources

Ted Marlow Heads Back to Urban Outfitters

The company confirmed that the company’s former president is returning to the business Thursday afternoon.

clock February 2, 2012David Moin

A sketch by Olivier Rousteing for Balmain.

Fashion Features

Rooney Mara: The Girl With the Football Family

WWD asked a selection of Paris designers to indulge in a little Franco-American fantasy. How might the young Mara dress up for the Super Bowl on Sunday?

clock February 2, 2012WWD Staff

A view of Estée Lauder's website.


Estée Lauder Teams With Blogger Emily Schuman

Creator of the popular Cupcakes and Cashmere blog has signed on to be the beauty firm’s social media and digital guest editor.

clock February 2, 2012Rachel Brown

Human Resources

Joseph Park Replaces Melissa Payner at Bluefly

New chief executive officer joined online retailer in June as chief operating officer.

clock February 2, 2012Arnold J. Karr

Human Resources

Jo Malone Names New Global General Manager

Jean-Guillaume Trottier, who has been vice president and general manager, EMEA and U.K. for MAC Cosmetics since 2007, will join the brand on July 1.

clock February 2, 2012Julie Naughton

E. Scott Beattie


Elizabeth Arden to Revamp Flagship Brand

The ultimate goal, said ceo E. Scott Beattie, is to land Elizabeth Arden a spot among the top 10 beauty brands, up from its current rank of 15.

clock February 2, 2012Molly Prior


Macy’s Makes Case Against Martha Stewart

Outlining its grievances, the retailer said the injury is compounded by the fact that Penney’s is “perceived as a less upscale retailer.”

clock February 2, 2012Evan Clark and Alexandra Steigrad

The Montblanc ad.


Legend Scent to Launch in U.S.

The famed Swiss mountain is coming to America: Montblanc’s first fragrance with Inter Parfums will arrive in the U.S. in March.

clock February 3, 2012Julie Naughton

Jennifer Connelly

Human Resources

Shiseido Signs Jennifer Connelly as Global Face

Beauty company is celebrating its 140th anniversary by naming the Academy Award-winning actress as first global spokesperson of its namesake brand.

clock February 2, 2012Julie Naughton

Here in 2009, Scott Devine, Mary Beth Sheridan and Brendan Hoffman are all no longer at L&T.

Business Features

Consolidation Hits L&T and The Bay

The changes were triggered by the Canadian parent Hudson’s Bay Co., which is streamlining to achieve its goal of going public, possibly this year.

clock February 3, 2012David Moin


January Comp Crux

Retail sales were expected to be a bit of a letdown. Instead, comparable-store sales for the month averaged 4.2 percent higher.

clock February 3, 2012Arnold J. Karr


Huffington Post, AOL Launching Video-Streaming Network

Coming this summer, the online network will run 12 hours a day, five days a week.

clock February 3, 2012Amy Wicks


Dow Jones Taps Lex Fenwick as CEO

He succeeds Les Hinton, who resigned in July amid the long-running investigation into the phone-hacking scandal.

clock February 3, 2012Amy Wicks


Walter Kirn Joins as Political Columnist

He will write for GQ’s Death Race 2012 political blog on a weekly basis.

clock February 3, 2012John Koblin

Kelly Rutherford and Cynthia Rowley

Fashion Scoops

CFDA, OpenSky Toast New Partnership

Diane von Furstenberg, Kelly Bensimon, Lori Goldstein, Cynthia Rowley and Kelly Rutherford were among the guests to attend.

clock February 3, 2012Alexandra Steigrad

Looks from Uniqlo’s new UU line with Jun Takahashi.

Fashion Scoops

Undercover’s Jun Takahashi Designs Line for Uniqlo

On March 16, the designer’s men’s, women’s and children’s range will hit stores under the UU label.

clock February 3, 2012David Lipke

Fashion Scoops

Sun European Acquires Bonmarché

The European adviser of private equity firm Sun Capital Partners Inc. purchased the value chain in the U.K.-version of a prepackaged bankruptcy.

clock February 3, 2012Vicki M. Young

Fashion Scoops

Giorgio Armani Signs On for India Design Project

The designer has inked an agreement with Gruppo Lodha, a leading Indian real estate developer, for a development in an upscale area in the heart of Mumbai.

clock February 3, 2012Alessandra Turra

Jimmy Neary

Fashion Features

Bridget Foley’s Diary: A Man With a Giant Fan Club

Jimmy Neary is an East Side institution with a heart of gold, a way with yarn and tickets to Sunday’s big game in Indy.

clock February 3, 2012Bridget Foley


Today's Must Read

Fashion Baby sneakers


Natalia Vodianova's Teenage Son Is Launching an Eco Sneaker Line

clock 8hMiles Socha

Social Studies

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