Avon CEO McCoy Sets Plan for Turnaround

No cover image


If Sheri McCoy didn’t know she had an uphill battle at Avon Products Inc. before Tuesday, she sure knows it now. Leading her first earnings call, McCoy sketched out her to-do list.SEE LIST BELOW FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Hermès boots in canvas and leather.

Fashion Scoops

Hermès Plans Pop-Up Shoe Store

The French luxury label will offer a preview of its autumn-winter footwear collection.

clock April 19, 2012Joelle Diderich

Human Resources

Old Navy Taps Stefan Larsson

The 15-year veteran of H&M will become the company’s first global brand president in October.

clock May 1, 2012David Moin


Sears Anticipates Q1 Profits

Shares of the retailer spiked up 15.4 percent on the first trading day in May after the company provided an optimistic update on its first-quarter outlook.

clock May 1, 2012Vicki M. Young

A Payless location.


Collective Brands Sold for $2B

Wolverine Worldwide, Blum Capital and Golden Gate Capital have teamed up to acquire the firm, which put itself up for sale during the summer of 2011.

clock May 1, 2012Vicki M. Young

Sheri McCoy


New Avon CEO Sets Plan for Turnaround

Leading her first earnings call, Sheri McCoy sketched out her to-do list against a backdrop of an 81.6 percent dive in first-quarter profits to $26.5 million.

clock May 1, 2012Molly Prior

Alberto Candiani


Alberto Candiani: Sustainability Goes Fashionable

According to the fourth generation of a family with an 80-year history of making denim, the gap between sustainability and innovation has finally closed.

clock May 1, 2012Marcy Medina

Karl-Heinz Müller


Buttering the Bread in Berlin

Eleven years after it started, the Bread & Butter trade show takes up long-term residency at Airport Berlin-Tempelhof.

clock May 1, 2012Rachel Brown

Shubhankar Ray


G-Star: Projecting the Unexpected

A denim brand lacking in heritage can compensate for it with the element of surprise.

clock May 1, 2012Lisa Lockwood

Andy Dunn


Bonobos: Making Room for Jeans

Purveyor of better-fitting pants has focused on offering a pared-down, straightforward five-pocket denim design in three washes.

clock May 1, 2012David Lipke

David Lipman and Barry Miguel

Marketing and Promotion

Seven For All Mankind: Rejuvenating the Jean

Barry Miguel and David Lipman required no introductions when they began working together on a plan to create a new marketing concept for the brand last year.

clock May 1, 2012Arnold J. Karr

Susan Kaufman


People StyleWatch: The Reader as Customer

Editor Susan Kaufman came armed with statistics to provide insight into her target reader’s shopping habits — the Millennial.

clock May 1, 2012Marcy Medina

Tanya Shaw


Me-Ality: Sizing Up the Customer

The company’s size-matching capabilities can help take the mystery out of finding clothes that fit right.

clock May 1, 2012Rachel Brown

Robin Kosari


The New China Hand in the Denim Industry

Higher labor, commodity and energy costs have driven prices up.

clock May 1, 2012Arnold J. Karr

Mark Werts


Mark Werts: Pushing a New Model

Forging a licensing relationship with Macy’s gave the founder and ceo of American Rag and Industrie Denim a fresh idea.

clock May 1, 2012Khanh T.L. Tran


ISS Advises No Vote on J.C. Penney Pay

Retailer defends its compensation practices.

clock May 1, 2012Evan Clark


Marchon to Buy Dragon Alliance Brand

Deal moves the company into sports performance eyewear category.

clock May 1, 2012Rachel Strugatz

Aerin Lauder, Leonard Lauder, Michael Kors and Erin Heatherton in Michael Kors.


BCRF Holds Annual Gala

Elizabeth Hurley, Michael Kors, Donna Karan, Vera Wang and Tommy Hilfiger were among the 1,250 guests who came for dinner in the Waldorf-Astoria ballroom.

clock May 1, 2012Julie Naughton and Pete Born


Deckers Wins $686M in Counterfeit Cases

In addition to the monetary damages, Ugg parent company was granted funds seized from hundreds of financial accounts linked to the counterfeit Web sites.

clock May 1, 2012Alexandra Steigrad


Wal-Mart to Pay $4.8M in Back Wages, Damages

Settlement resolves dispute with U.S. Department of Labor over overtime violations under the Fair Labor Standards Act.

clock May 1, 2012Kristi Ellis

Florence de Dampierre

Designer and Luxury

Expanding Interiors: Florence de Dampierre’s French Chic

“Walls: The Best of Decorative Treatments,” her fifth and latest design tome from Rizzoli, delves into every aspect of the art.

clock May 1, 2012Rebecca Kleinman

A Mainbocher corset.

Designer and Luxury

Arnaud de Lummen: Fashion’s Brand Reviver

The entrepreneur has been quietly gathering up trademark rights and other intellectual property from “sleeping beauties” — storied yet long-dormant brands.

clock May 2, 2012Miles Socha


Vogue.com, SHOWstudio Win Webby Awards

For the second year in a row, vogue.com earned the People’s Voice Award for best fashion Web site.

clock May 2, 2012Amy Wicks


Better Numbers at The New York Times

The newspaper reported a substantial increase in circulation thanks to growth from digital subscriptions.

clock May 2, 2012Amy Wicks


Amanda Brooks Returns to Blogging

Having given up her fashion director job at Barneys New York to move to England, she posted two items on her site, I Love Your Style, this week.

clock May 2, 2012Amy Wicks

A view of the Nicholas Kirkwood store on New York's Washington Street.

Designer and Luxury

Nicholas Kirkwood Opens First U.S. Store

Situated across from the site of the new Whitney Museum of Art in the Meatpacking District, the 1,500-square-foot shop will house the designer’s complete line.

clock May 2, 2012Jessica Iredale

Tom Doctoroff

Business Features

Tom Doctoroff on the Chinese Consumer

The American-born, China-based advertising supremo’s new book, “What Chinese Want,” promises to lift the lid on many mysteries.

clock May 2, 2012Casey Hall

A visual from True Religion’s spring marketing campaign


True Religion Up on Profit Spike

Premium denim brand reported better-than-expected sales and profits in the first quarter and initiated a quarterly dividend.

clock May 2, 2012Arnold J. Karr

Fashion Scoops

Terry Lundgren Sought in Court Case

In a letter to the judge hearing the case between Martha Stewart and Macy’s, lawyers for MSLO said the retailer has refused to make its ceo available.

clock May 2, 2012Evan Clark

Fashion Scoops

Balmain Gets Social

The storied French fashion house is taking to Facebook and Twitter, launching accounts on each digital platform today.

clock May 2, 2012Rachel Strugatz

Fashion Scoops

Ideeli to Relocate to Midtown Manhattan

Having outgrown its SoHo offices, the five-year-old flash-sale site has secured 23,500 square feet at 1385 Broadway, with another deal in the works.

clock May 2, 2012Rosemary Feitelberg

Peter Sachse, Jeff Gennette, Karen Murray and Terry J. Lundgren.

Fashion Scoops

Bloomberg Philanthropies Pledges $5M to National Marfan Foundation

Organization’s annual Heartworks gala raised close to $1 million on Thursday, not including the Bloomberg funds.

clock May 2, 2012David Lipke

Fashion Scoops

Lancôme Taps Photographers for Rose Showcase

The traveling “Rôses by…” exhibit, which debuted in Milan, will move on to Berlin, Madrid, Tokyo, Dubai and Tel Aviv.

clock May 2, 2012Cynthia Martens

Fashion Scoops

Fake Primark Store Spotted in Dubai

The fast-fashion retailer, which operates 236 stores in Ireland, the U.K. and mainland Europe, is considering its legal options.

clock May 2, 2012Nina Jones

Fashion Scoops

Brooklyn Children’s Museum Sets Gala Honorees

Brooklyn Industries cofounder Lexy Funk, CNN’s Soledad O’Brien and author Bruce Feiler will be among those honored at the event on May 8.

clock May 2, 2012Rosemary Feitelberg

Fashion Scoops

‘Beautiful Promise’ Event Slated for May 8

The fifth annual cocktail party and shopping event will be cohosted by honorary chairwomen Dana Buchman and Cindy Weber Cleary, InStyle fashion director.

clock May 2, 2012Lisa Lockwood

Emily Current and Meritt Elliott


Emily Current and Meritt Elliott: Viewing the Brand as a Filter

A brand's filters — words that speak for the brand — should shape all aspects of its strategies and initiatives, emphasized the duo in a conversation with WWD.

clock May 1, 2012David Lipke


Today's Must Read

Paul and Steve Van Doren


Vans Founder Paul Van Doren Dies at 90

clock May 7, 2021Booth Moore

Social Studies

WWD logo Global Stock Index

Business Page right arrow