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_________________________________________________ Fashion Education at WWD.com WWD.com offers a comprehensive online directory of accredited fashion programs. With the ability to search for schools by location and degree, it's easy to find the fashion school that's right for you. To learn more, visit the Education Directory: http://www.wwd.com/education _________________________________________________ Friday, May 12, 2006 TODAY'S TOP STORIES J.C. Penney Pushes to 22.1% Net Gain, Boosts Annual Guidance J.C. Penney Co. Inc., riding strong private label, jewelry and men's division sales, rolled to a 22.1 percent increase in first-quarter earnings and raised full-year guidance Thursday. Arnault Lauds Brands at LVMH Annual Among its galaxy of star brands, LVMH chairman Bernard Arnault told shareholders that Louis Vuitton has "the most potential for growth." Viktor & Rolf to Design Line for H&M H&M has chosen Victor & Rolf to design a one-time collection of women's wear, men's wear and accessories for November delivery. _________________________________________________ JOB OF THE DAY Senior Designer Prestigious NYC based women's collection is seeking a prolific and hands-on Senior Designer to support the Collection Directors. The ideal candidate will have a refined sense of style and a demonstrated knowledge of knitwear, garment construction, and draping. Luxury experience a must, fluency in Italian a plus. $150k. Apply at wwd@24seveninc.com _________________________________________________ GENERAL Quote of The Week "Almost every national retailer is producing new concepts, and almost all of the new concepts that the retailers are introducing are being introduced at the mall." BEAUTY REPORT Banana Republic to Add 5 Scents Banana Republic hopes to appeal to its customers in early September with five new scents -- three for women and two for men. Kimora: Now a 'Golden Goddess' Kimora Lee Simmons' second fragrance, Baby Phat Golden Goddess, was inspired by her love for canary yellow diamonds. CEW Insiders Award Beauty's Best The Cosmetics Executive Women Beauty Insider's Choice Awards last Friday at the Waldorf-Astoria here drew a crowd of 1,400 beauty executives. NACDS Meeting: Companies Seek Time "A race against time" emerged as this year's theme at the National Association of Chain Drug Stores' annual meeting. Conference Guests Know How to Party One of the big draws at NACDS Annual are the lavish parties beauty companies throw to lure retailers to their inner circle. NACDS Snippets: Help Wanted ... Roads To Retail ... Pretty, Pretty ... CVS has 1,400 to 1,700 beauty advisers and plans to add more. L'Oreal, Keaton Look for 'Perfect' Match Diane Keaton has signed on to be the face of L'Oreal Paris Age Perfect Pro-Calcium skin care line, beginning in July. Parfums Dior Signs Bellucci Forget French kisses. Parfums Christian Dior has a new Italian pout to shout about. _________________________________________________ Subscribe to WWD.com Get same-day delivery at a great rate! Subscribe to WWD.com and receive the latest issue starting as early as 12:01 EST. Plus, you'll have access to the last 14 days of Women's Wear Daily. Start your subscription now! _________________________________________________ RETAIL Crewcuts Prototype Opens in Dallas J. Crew christened its first Crewcuts children's store, a 1,400-square-foot prototype at NorthPark Center here designed to look like a New England seaside cottage. FINANCIAL Bulgari Sees 19 Percent Profit Gain Growth of the jewelry and watch categories across all geographical markets helped boost Bulgari's first-quarter performance. Kohl's Beats Forecast For Sales and Income Kohl's Corp. was firing on all cylinders in the first quarter: Earnings, gross profits and sales came in better than the company expected. Urban Outfitters 1Q Net Drops 26% Urban Outfitters Inc. on Thursday said first-quarter earnings fell 26 percent. Strong Sales Boost Guess Profits 88.6% Guess outperformed its own estimates during the first quarter, as earnings soared 88.6 percent on strong sales. Comps Hamper PacSun in Qtr. Weighed down by sagging same-store sales, Pacific Sunwear reported a 32.4 percent decline in first-quarter profits. Brand Science Backs Off In Suit Against Schifter Brand Science, an affiliate of Accessory Network that does business as LeSportsac, has withdrawn its request for a preliminary injunction in a lawsuit filed against Tim Schifter and Schifter & Partners over a nonsolicitation agreement. Hermes Sales Gain 11.3% Hermes International said Thursday its first-quarter sales rose 11.3 percent to 361.5 million euros, or $435 million. Valentino Fashion Group Net Climbs Swifter sales of Valentino and Hugo Boss led to a 28.2 percent jump in first-quarter net profits at Valentino SpA. MEDIA/ADVERTISING Tim Russert, on Whether 'Father Knows Best' Tim Russert, who is about to release "Wisdom of Our Fathers," chats with WWD about modern fatherhood and politics. Memo Pad: No Takers ... Happy B(-List) Day American Express Publishing's best-known magazines -- Travel + Leisure, Food & Wine and Departures - are all about the good life. FASHION Fashion Scoops: Globe Trotter ... Captain's Log ... Olsen Twins At Claire's ... What made Christian Dior tick? Visitors to Granville, France, this weekend will find out when the fashion house unveils the latest exhibition at its museum there. ACCESSORIES REPORT Apparel, Accessories Sales Rise in April Compared with a year earlier, sales at apparel and accessories stores were up 4.5 percent for the month and turnover at department stores slid 1.4 percent. | |||||||||||||||||
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Note: Full text of the articles contained in this email is available only to subscribers.
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