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Friday, July 28, 2006 TODAY'S TOP STORIES Luxury's Heat Wave: PPR, Bulgari See Double-Digit Sales Growth Luxury delivered more good news on Thursday, with both PPR and Bulgari SpA reporting strong double-digit sales growth for the second quarter ending June 30. Neiman's Goes Raw With Cusp Format Neiman Marcus unveiled its first Cusp unit at the Tyson's Corner mall in McLean, Va., on Thursday. Laura Mercier Brand Sold Gurwitch Products, the licensee of Laura Mercier cosmetics, was sold to Alticor Inc., the $6.4 billion personal products firm. _________________________________________________ JOB OF THE DAY Graphic Designer Graphic designer with high taste level needed for New York apparel brand's Young Girls collection. This position requires a sophisticated hand, creation of original art, as well as strong Illustrator and Photoshop skills. Salary commensurate with experience, up to $65k. Apply at wwd@24seveninc.com _________________________________________________ FINANCIAL Luxottica Earnings Leap 33% Luxottica SpA posted a double-digit jump in second-quarter net profits on strong wholesale eyewear sales. Store Openings Lead Boss to 2nd-Qtr. Loss Affected by the cost of store openings, Hugo Boss reported a net loss of 5.5 million euros, or $6.9 million, on a 16 percent rise in sales to 252.2 million euros, or $316.7 million, in the second quarter ending June 30. Acquisitions Boost Iconix Profits, Sales Recently acquired brands such as Joe Boxer and Mudd helped drive triple-digit earnings and revenue gains for Iconix Brand Group in the second quarter. Links of London Sold To Folli Follie for $84M Links of London, the British brand known for its cuff links, charms and gold and silver designs, has been sold to the Greek fashion jewelry company Folli Follie. Retailers Unite to Challenge Chicago's Big-Box Ordinance An organization representing retailers said Thursday that it was prepared to mount a legal challenge to an ordinance passed by the Chicago City Council requiring big-box stores such as Wal-Mart to pay a minimum wage of $10 an hour and $3 an hour in benefits. GENERAL _________________________________________________ Style Starts Here Subscribe to WWD and receive the newspaper 5 days a week Monday through Friday. Your print subscription includes the spring and fall issues of WWD The Magazine, issues of WWDSCOOP, market supplements on accessories, denim, swimwear and much more! Click here to subscribe or call 1-800-289-0273. _________________________________________________ BEAUTY REPORT Ford's Full Plate: Stores, Films and Building a Beauty Brand Tom Ford talks about his new beauty brand, men's wear line, freestanding stores and upcoming Hollywood projects. Marc Jacobs Adds More Splash to Fragrance Franchise After his three retro-style Splash scents succeeded for spring, Marc Jacobs is back for another round of them this fall. BBW Offers Holiday Pick-Me-Up Bath & Body Works is hoping consumers will want to spend their holiday season in Aspen with the launch of its winter items. Lather Opens First Spa-Retail Combo If you ask Emilie Davidson Hoyt, the California owner and creator of Lather beauty products, what she, her husband and their two-year-old daughter are doing these days, her answer may seem a bit matter-of-fact. Critical Mass: AMC Beauty Rides Wave of 'The O.C.' The cliff-hanger finale of this season's installment of "The O.C." has many fans eagerly awaiting new episodes in November. Adding Up Beauty: Alberto-Culver Earnings Dip on Charges Plans may now be in place for Alberto-Culver to sell its beauty supplies business, Sally Holdings Inc., and move forward as a consumer products company, but the beauty firm still had to deal with a few hurdles in the third quarter. Men's Corner: Billy Jealousy Jumps Into Hair Care Billy Jealousy, a men's shaving and skin care brand founded in November 2004, is getting into the hair care business with the fall introduction of a shampoo and conditioner. Clarins Second-Qtr. Net Hits $290.9M For the second half of 2006, the company's priority remains its beauty division, particularly skin care. McKellar, Panagakis Retool Stila With a rejuvenated product line and a newly installed chief executive, Stila Cosmetics is aiming to take another run at the cosmetics world this fall. Beauty Bank Adds To Wonderful Lineup BeautyBank executives are hoping for some kind of wonderful sales with their new American Beauty fragrance. HBA REPORT The Mixer Covers Roots on the Go Covering up pesky roots continues to make some women feel like they're slaves to the beauty salon. Sweet Scent Fans Get Boudoir Version When a fragrance becomes an international obsession, its creators have to think out of the box. Snippets: Thai Massage ... Ulta-Mate Style ... Professional Fix ... A spa dedicated to Thai and Oriental beauty traditions is opening Aug. 1 in SoHo. ARTS & PEOPLE Jacobs to Design Looks for Ballet After his signature collection in New York in September and Louis Vuitton in October, Marc Jacobs will have yet another fashion showing in November. MEDIA/ADVERTISING Memo Pad: Cox In The Hen House ... Are You Being Served? ... Hotel Stories Former Wonkette Ana Maria Cox's transformation from blogger cover girl to Old Media's new hope is almost complete. DESIGN Making Black Magic Black is back, and a constellation of design categories -- from perfume to furniture to restaurants -- is cast in its shadow. On The Drawing Board: Decket Out ... Rocky High This summer, people relaxing in London's Royal Parks are getting a dose of design with their rented deck chairs. Sudeley's Art Attack Deep in England's Cotswolds, visitors to the grand Sudeley Castle can look forward to a side order of modern art with their afternoon tea this summer. ACCESSORIES REPORT Gucci Goes Gold With New Look for Packaging Gucci's sales have been golden lately, and soon its packaging will be, too. FASHION Fashion Scoops: Schiap Redux? ... Bertelli Vents ... Birkin Beauty ... Tod's SpA was said to be considering a deal to produce a ready-to-wear collection under the Elsa Schiaparelli name. READY-TO-WEAR REPORT Rodier Back in North America With Algo French knitwear brand Rodier is returning to the North American market through a licensing agreement with Algo Group Inc. TEXTILE & TRADE REPORT Senate Considers Changes To Put CAFTA Back on Track Senate Finance Committee chairman Chuck Grassley said Thursday that lawmakers are considering revisions in legislation to smooth implementation of the Central American Free Trade Agreement. | |||||||||||||||||
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Note: Full text of the articles contained in this email is available only to subscribers.
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