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Monday, June 05, 2006 TODAY'S TOP STORIES Selling Lord & Taylor: Federated to Cut Down Field of Bids This Week Lord & Taylor's senior management is expected to make formal presentations to select finalist bidders this week in New York, according to sources. Rosso Drives Diesel to Higher Levels Renzo Rosso, a motorcycle enthusiast with a crown of unruly curly hair and tattooed fingers bearing his initials, looks a bit out of place in a country home perched atop his own sprawling vineyard. Revlon Cuts Forecast, Postpones Flair Debut Revlon will delay the launch of Flair, its prestige fragrance, until 2007 due to less robust growth from Vital Radiance and Almay. _________________________________________________ JOB OF THE DAY Associate Designer New York City better sportswear and Swimwear Company is seeking an innovative designer for its branded collection. The right candidate will have knowledge of current market trends with a distinctly refined and tailored aesthetic. Salary commensurate with experience, to $75k. Apply at wwd@24seveninc.com _________________________________________________ RETAIL Balenciaga Ventures Into Japan Fast-growing Balenciaga is about to seriously tackle one of the most fashion-obsessed markets in the world: Japan. Ferragamo Steps Up U.S. Expansion With higher heels and advanced handbag styles, Salvatore Ferragamo is getting sexier. FINANCIAL Wal-Mart Focused on Change With performances by Beyonce and "American Idol" Taylor Hicks, Wal-Mart's annual meeting sounded an urgent theme for change. WWD Stock Index Skids After plummeting on fears of sustained inflation, stocks struggled to make up for heavy losses across most sectors last week. Foot Locker Said Rejected In Bid for Brown Shoe Unit The possible buyout of Foot Locker might have just been pushed into fast-forward mode now that its offer to buy Famous Footwear has been rejected. GENERAL EYE Demon Days Andrew Saffir's Cinema Society took over the Angel Orensanz Foundation for a DKNY Jeans-sponsored screening last Wednesday of "The Omen." Planet Eartha She's played Catwoman, done disco, starred with Orson Welles and stepped in (and out of) more slinky red gowns than Joan Collins and Sharon Stone combined. To Catch A Thief In a time when the book industry seems enamored of the instant successes of hot young authors like Jonathan Safran Foer and Zadie Smith, it is refreshing to hear seasoned Australian writer Peter Carey declare it has taken him decades to feel fully satisfied with his work. INNERWEAR REPORT Komar's Expanding Universe The Komar Co. has transformed itself into a high-profile player with acquisitions, diversification of brands and a new luxury division. ACCESSORIES REPORT Judith Leiber Adds a Fine Touch Judith Leiber will unveil its first collection of fine jewelry this week at the JCK jewelry show in Las Vegas, featuring precious metals and stones. A New Love Is in Full Bloom at Cartier In celebration of more than 30 years of success with its Love collection, Cartier has been rolling out a fresh assortment of designs since April. FASHION Fashion Scoops: Awards Details ... Sin City Those who wish to be surprised at tonight's 2006 CFDA Fashion Awards should stop reading now. HUMAN RESOURCES Nurturing Executive-Level Talent Faced with consolidation in the market as well as cost-cutting pressures, many companies have cut back on efforts to train and nurture talent. BEAUTY REPORT Beauty Beat: L'Oreal Gets Go-Ahead On The Body Shop Deal Two major decisions involving L'Oreal have been reached. MEDIA/ADVERTISING Memo Pad: About Schmidt The business magazine that Conde Nast announced it was developing way back in August finally has a name: Portfolio. WWD MILESTONES: GUCCI AT 85 Gucci's Wild Ride: Part I The tale of this storied label easily could be fodder for an epic motion picture. Gucci's Wild Ride: Part II The second three decades saw Gucci go global, with international wholesale and retail. Maurizio's Story Maurizio Gucci remains undoubtedly one of the most controversial family members and one whose life was marked and shaken by contrasting and conflicting passions. Gucci's Public Fortunes: A Decade on the Market Gucci Group's lucrative initial public offering in 1995 created a whole new stage for some of the most dramatic moments in the company's history. Making His Mark The 43-year-old president and chief executive of the Gucci brand laughs when recalling the intense scrutiny that took place at a recent meeting of managers in Scandicci, just outside Florence. The Transformer Domenico De Sole first brushed with the Gucci family in the early Eighties, when he became Rodolfo Gucci's lawyer and broke up a fistfight in a board meeting. Revival Meeting In 1990, Dawn Mello was on a short vacation in Saint-Tropez when she saw a familiar face. Lambertson Looks Back Although his tenure at Gucci was brief, designer Richard Lambertson was instrumental in the initial steps of the company's turnaround in the early Nineties. What A Gem In growing Gucci's jewelry business, Gucci creative director Frida Giannini hopes her customers will rotate their baubles as often as they change their bags and shoes. Celebrating - And Marketing - The 85th Gucci's commemorative fest includes special bags, a dedicated ad campaign and a 450-page retrospective book. The Way of Frida Emerging this year as Gucci's sole creative voice, Frida Giannini is leading the brand through its next incarnation. Unwrapping the New Look A new store concept, spearheaded by Gucci chief Mark Lee, will be unveiled in November, marking the evolution of the company in the decade since Tom Ford's retail vision took shape. Shopping Spree PPR's alliance with Gucci Group in the battle with LVMH Moet Hennessy Louis Vuitton allowed Gucci to embark on an aggressive acquisition drive. Spreading the Message Gucci's advertising themes have ranged from straightforward and elegant to provocative and controversial. | |||||||||||||||||
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Note: Full text of the articles contained in this email is available only to subscribers.
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