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_________________________________________________ Need A Companion? WWD.com Is Available. Travelling on business? WWD.com helps you keep in touch with industry news wherever you are. Click below to subscribe: https://www.pubservice.com/fcarchive.aspx?PC=WO&PK=26399MW _________________________________________________ Friday, April 14, 2006 TODAY'S TOP STORIES Color Outperforms Fragrance in 2005 Department Store Tally Prestige beauty manufacturers can take heart: Sales of beauty products hit a record $8.2 billion at retail last year, a 4 percent annual gain. New York & Co. Slashes Forecast Retailer New York & Co. cut its first-quarter earnings-per-share forecast nearly in half for the second time this year, citing soft sales results. Cosmoprof Grapples With Lackluster Market Although Italy's key perfumery channel slipped by 2.1 percent in sales last year, the new president of Unipro, the Italian Association of Cosmetic Industries, sees the glass as half full. _________________________________________________ JOB OF THE DAY Marketing Manager Luxury Lifestyle Brand based in NY needs an experienced and dynamic Marketing professional to execute the vision of the brand. This position will be responsible for the conception, development, and implementation of marketing campaigns, including successful partnerships with external agencies. The ideal candidate will have a minimum of 3 years experience in the luxury market. Great salary and benefits! Apply at wwd@24seveninc.com _________________________________________________ FINANCIAL March Retail Sales Up, but Fashion Down Overall retail sales outpaced those of specialty and department stores in March as sluggish consumer demand and cool weather hurt business. Saks Executives Receive Bonuses for 2005 Saks Inc. awarded top executives bonuses in 2005 for meeting business objectives, despite posting a loss on lower sales for its most recent fiscal year. GENERAL American Apparel Founder To Do Bar Mitzvah Movie As Dov Charney, the founder of American Apparel, sees it, what could be more American than bar mitzvahs? Chief Information Officer Exits Penney's Raish "elected to take early retirement," a company spokesman said. _________________________________________________ Only on WWD.com Don't miss our web exclusives: Executive Moves At Work With Research Fashion Dictionary _________________________________________________ BEAUTY REPORT Fragrance Counters Pucker Up for KISS Rock band KISS is hoping to make a smash with its new fragrance duo, hitting 2,000 department store doors this September. Critical Mass: Sephora to Transform Penney's Beauty Mix J.C. Penney's announcement this week that it will open 1,500- to 1,800-square-foot Sephora departments in its stores marks a 360-degree turnaround in Penney's beauty strategy. Paul Murphy to Leave Revlon Post Industry watchers were baffled by the news, particularly in light of Revlon's aggressive plans for 2006. Luring Back the Giants With Sexier Approach Cosmoprof appears to have reached a pivotal point in its 39th year of development. Intercos Eyes Public Offering in 2006 Intercos is running in high gear, while planning on making a public offering, sometime this year. Italian Retailers On the Offensive Despite ongoing consumer funk, Italian perfumery chains are moving ahead in an effort to ignite interest at point of sale. Euroitalia Shapes Its Versace Plan Euroitalia is continuing to hone its strategy to develop its Versace license with plans to launch a fragrance flanker, Bright Crystal, and an intention to unveil a major women's scent in the fall. Packaging Takes Center Stage Cosmoprof organizer Sogecos reshuffled the schedule this year to give packaging suppliers their day in the spotlight, and they weren't shy about stepping up to the mike. Top Notes: Cullin To Join Clarins ... Colzani Named President ... Sales Up At Givaudan ... Kathy Cullin, president of global beauty care at fragrance supplier Symrise, is headed to Clarins to become vice president of sales for Clarins Fragrance Group. Bourjois Launches In Time for Spring With a new general manager on board, Bourjois is gearing up for a busy spring: It plans to unveil five lines for the lips and eyes in May. MEDIA/ADVERTISING Memo Pad: Nod To Roberts ... They'll Miss Mary Mac ... Training The Spotlight ... After several weeks of deliberation, The New Yorker's fashion director, Michael Roberts, accepted an offer from Vanity Fair this week. FASHION Fashion Scoops: Partying, Prada Style ... Tommy Gets Beached ... Courting Cavalli ... Miuccia Prada hasn't been to New York in almost a year, so her trip to Gotham next week is naturally being feted with a big bang. TEXTILE & TRADE REPORT U.S. Offers Speedier Shipment Clearance The U.S. has proposed in global trade talks that customs procedures be streamlined to allow clearance of express shipments within one hour after the submission of the required documents. DESIGN Mass Customization "It's so expensive to be rich," Susan Gutfreund famously said in the days when Wall Street was big and her husband, John, ruled the roost. Of the Garden Variety London-based artist Raqib Shaw has the methodical discipline and aesthetic fancy of a couture seamstress. At Home and on the Road With Italian Design "Home away from home" has new meaning for Italian fashion designers who have branched into furniture and interior design, and hotels. | |||||||||||||||||
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Note: Full text of the articles contained in this email is available only to subscribers.
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