Fashion Design

Friday, March 24, 2006

WWD Headlines

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Friday, March 24, 2006
TODAY'S TOP STORIES
Cosmetics and Collagen: Sephora USA Hooks Up With Klinger
Sephora has made a big play in the specialty store hunt for the ideal service concept, marrying spa treatments with consumer demand.
Cavalli Guilty of Tax Evasion
A Florence court on Thursday found Roberto Cavalli guilty of tax evasion and sentenced him to 14 months in prison.
Hermes Earnings Rise 15% in 2005
Hermes International on Thursday said 2005 net profit rose 15 percent, boosted by improved second-half sales in the key Japanese market and double-digit gains at directly owned stores.

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JOB OF THE DAY
Intimate Apparel Designer
NY based Intimate Apparel manufacturer is seeking an experienced Senior Designer to oversee the creative, physical and technical development of its women's intimate apparel lines. The ideal candidate will exhibit a proven understanding of technical fit development, knowledge of trend and market directions, and familiarity with garment construction. Great salary and benefits!
Apply at wwd@24seveninc.com
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FINANCIAL
Watches, Jewelry Shine for Swatch
Swatch Group, the world's largest watchmaker, on Thursday said it was bullish for 2006 while reporting that its 2005 net income grew 21 percent, driven by luxury watches and jewelry.
Valentino Net Up in '05
Valentino Fashion Group SpA posted a double-digit jump in 2005 profits, thanks to growing profitability at its Hugo Boss and Valentino brands.
Boss Womenswear Soars
Boss Womenswear delivered robust profits on double-digit sales growth in 2005, Hugo Boss AG said Thursday after the group posted final results that match preliminary figures announced in January.
Wet Seal Cuts Loss, Sales Increase 18.6%
Wet Seal Inc. on Thursday posted significantly smaller net losses for the fourth quarter and full year.
Coach Sues Kohl's Over Trademark Infringement
Coach Inc. and Coach Services Inc. filed a lawsuit against Kohl's Corp. in federal court here on March 20 for alleged trademark infringement and breach of contract for violating earlier settlement agreements between the two parties.

GENERAL
Quote of The Week
"I think that they [board members] are doing the prudent thing."
In Brief: EU Slaps China, Vietnam
A brief look at some of the day's stories.
Dana Buchman: Family Matters
Dana Buchman is hardly the first designer to pen a book as a milestone approaches -- her 20th anniversary as the creative force behind her women's sportswear label.

BEAUTY REPORT
What's in Store for Lancome
The Lancome Division of L'Oreal USA has opened its first freestanding boutique in the city.
LDC Takes Stake in St. Tropez
Private equity firm Lloyd's TSB Development Capital has taken a stake in self-tanning brand St. Tropez, the companies have announced.
Clarins Net Up 11.2% in 2005
Groupe Clarins registered a net profit increase of 11.2 percent to 96.7 million euros, or $115.8 million at current exchange rates, in 2005 versus the prior-year period.
Men's Corner: Guess Shows Its Masculine Side
Guess is putting a charge into its fragrance business.
Estee Lauder's John Demsey Charts Brand's Growth Plans
John Demsey, global president of the Estee Lauder and MAC Cosmetics brands at the Estee Lauder Cos., gave a tutorial on brand restoration Tuesday night.
Sephora, Klinger Side by Side
The pairing of Sephora and Klinger Advanced Aesthetics promises to deliver a long-pursued link between scientific beauty services and retail traffic.
Critical Mass: Puig Bets on Antonio Banderas Hat Trick
Mass market retailers hope shoppers will want to see a more seductive side of Antonio Banderas.
Garnier Targets Hispanics With New Spokeswoman
Garnier Nutrisse is learning how to speak Spanish, or rather, how to speak to the important Hispanic market.
AmazingCosmetics' Second Skin
AmazingCosmetics has built its business on the premise that a few pin dots of concealer can transform a face.

HBA REPORT
IFF Gives Visionaire Taste Test
International Flavors & Fragrances Inc. and Visionaire magazine are breaking new ground in the world of art by introducing Visionaire 47 Taste.
Kimberly Sayer's Organic Growth
In the interest of wooing a specialty chain and expanding her reach, Sayer has revamped her 17-item collection.
Sothys Celebrates 60 Years
To celebrate its 60th anniversary this April, professional skin care and cosmetics marketer Sothys is launching a line of hydrating products.

RETAIL
Winds of Change in Chicago Retail Hot Spot
Stefani Greenfield, the founder of Scoop, gazed down streets lined with thriving independent boutiques, coffee shops and restaurants in the Bucktown/Wicker Park neighborhood.
Prada SoHo Store Set to Reopen
The Prada flagship in SoHo here could reopen as soon as Tuesday.
Villa Moda Enters Damascus
Damascus may not be known as an international shopping destination, but Kuwaiti retailer Majed Al-Sabah is doing his part to change that with the inauguration today of one of his Villa Moda stores in the Syrian capital.

TEXTILE & TRADE REPORT
Turkey Seeks Textile, Apparel Tariff Designation
The three-page text recommends harmonization of product categories from silk to textile home furnishings.

MEDIA/ADVERTISING
Memo Pad: Motley Cruising ... Bride Of Radar ... Towering Anxiety ...
As WWD first reported Thursday online, Time Inc.'s corporate editor Isolde Motley will leave the company by June, according to well-placed sources at the magazine publisher.

DESIGN
Guy Bourdin: Portrait of an Artist
Nearly 15 years after his death and about 30 years after much of his work was shot, Guy Bourdin seems to be getting his due through an exhibition.

Note: Full text of the articles contained in this email is available only to subscribers.
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