Fashion Design

Friday, May 05, 2006

WWD Headlines

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Friday, May 05, 2006
TODAY'S TOP STORIES
O.J.'s Swan Song: Ex-L'Oreal Chief on Growth, Speed and Edge
L'Oreal ceo Lindsay Owen-Jones is winding down his career, what he calls his "great adventure," as it began, with a burst of speed.
Sales Rise, Net Falls at Estee Lauder
Grappling with retail consolidation and cost-cutting, Estee Lauder Cos. said third-quarter earnings fell 44 percent, as sales rose 3.5 percent.
April Comps Bloom on Late Easter
The Easter Bunny's later arrival this year made April the best-performing same-store sales month in two years -- especially for teen retailers.

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JOB OF THE DAY
Store Planning Manager
NYC based vertical retailer needs a strategic and forward thinking Store Planning Manager to oversee a team of allocators. Prior allocation management experience a must, specialty store experience a plus! $85k.
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GENERAL
Laura Weil Exits Ann Taylor
Laura Weil, senior executive vice president and chief operating officer at Ann Taylor Stores Corp., has left the company after eight months.
Quote of The Week
"Everybody in the world, including Wal-Mart, started with one store."
In Brief: Debenham's Fresh Float ... Adidas Adds Agency
A brief look at some of the day's stories.
Valentino USA Taps EVP to Boost Sales
Valentino USA has named Wendy Kahn as senior vice president of sales, marketing and retail as part of its strategy to rev up domestic sales.
Gaskins' Charity Show Delayed
Fashion shows have persevered through falling ceilings, crashing light fixtures and frightened sheep roaming the runway, but on Wednesday, the show didn't go on.

BEAUTY REPORT
On Vertical Retailing
Lindsay Owen-Jones has always been cool to vertical retailing, so L'Oreal's recent transaction involving the Body Shop raised more than a few eyebrows.
On Nurturing Entrepreneurial Creativity
As the business becomes more numbers-driven and bureaucratic, how do cosmetics companies hone the entrepreneurial edge that provides the mercurial magic?
On the Rising Demand for Service
When Lindsay Owen-Jones was a young executive back in 1970, "we all seriously thought that by the year 2000, the industry would be 99 percent self-service."
On Reaching the New Consumer in New Ways
With a history of strong, global advertising campaigns, L'Oreal sometimes finds itself searching for answers as more and more young people turn their backs on traditional media in favor of blogs and podcasts.
Analysts Look to Agon for L'Oreal's Future
What's in store for L'Oreal now that Jean-Paul Agon is its chief executive officer?
NACDS Leads Off With a Fiery Start
The unofficial start of the National Association of Chain Drug Stores' annual meeting, held at the Breakers Hotel April 28 through May 3, was Revlon's cocktail party and dinner.

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HBA REPORT
Fekkai's New Salon Opens in Bendel's
Frederic Fekkai's new 9,000-square-foot salon easily might be one of the city's largest, most well-thought-out spaces.
Revlon Loss Widens Despite Sales Gains
Revlon Inc. on Thursday posted a wider first-quarter loss compared with year-ago results, although the three months did show an 8.2 percent gain in sales.
Arden Profits Tumble, Sales Narrow
Elizabeth Arden Inc. posted third-quarter results Thursday in which profits and sales were lower than year-ago figures.

MEDIA/ADVERTISING
Memo Pad: Little Luce Cup ... Life Sentence ... In Style Exits ...
Dissecting Ashlee Simpson's love life and scoring the first photos of Renee Zellweger and Kenny Chesney's ill-fated wedding earned People magazine-of-the-year honors.
The One, but Not the Only
Howell Raines, the fly-fishing, zone-flooding former executive editor of The New York Times, is a true original.

TEXTILE & TRADE REPORT
Houses Passes Port Bill, Provides $4B in Funding
The House passed a comprehensive port security bill, after a proposal requiring scanning of all U.S.-bound containers was defeated.
ILO Report Cites Decline in Child Labor
An ILO report found an 11 percent drop in global child labor from 2001 to 2004, prompting the group to declare it could be eliminated in a decade.

RETAIL
Anthropologie's Rock Center Debut
The Anthropologie name is in lights at Rockefeller Center, one of this city's most fabled places.

READY-TO-WEAR REPORT
Dallas Gives McCartney a Big 'Howdy'
Stella McCartney used to watch "Dallas" on television, but nothing prepared the designer for the Texas-size welcome she got here -- complete with cheerleaders and a marching band.

DENIM REPORT
Nasdaq Executives Tout True Religion Jeans
Executives of the Nasdaq stock market traded in their standard uniform of suits and ties for a pair of True Religion jeans on Thursday.

EYE
The Venice Project
The international social and art set gathered in Venice to fete Francois Pinault's new museum of contemporary art, Palazzo Grassi.

FASHION
Fashion Scoops: Versace Picks Five ... YSL At The Serpentine ... Strings And Things
After several seasons of fashion houses using celebrities in their ad campaigns, now Versace is following Louis Vuitton and opting for a number of big-name models.

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