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Friday, January 26, 2007 TODAY'S TOP STORIES How Swede It Is: H&M Profits Up 17%, New Formats on Horizon Hennes & Mauritz is on a roll -- and it wants to keep it that way. Rising Gucci Group Sales Stand Out for PPR in Qtr. Luxury leather goods powered PPR's fourth-quarter performance, as Gucci Group sales increased 15.3 percent, to 1.04 billion euros, or $1.34 billion. _________________________________________________ VP of Sales San Francisco based company is looking for a VP of Sales/Brand Manager to oversee, manage and develop licensed Men's and Women's underwear and loungewear business. Must oversee development of product, sell to major retail accounts, and manage sales team. Ideal candidate will have experience working with licensed product in specific marketplace and managing major Department Store accounts. Looking for a big idea person who has a lot of energy, as well as the ability to execute and build business from ground up. Please respond with "WWD VP of Sales" in the subject line of your email. Apply at wwd@24seveninc.com _________________________________________________ FINANCIAL L'Oreal's 4Q Sales Gain 9.5% L'Oreal announced that fourth-quarter 2006 sales rose 9.5 percent year-on-year to 4.15 billion euros, or $5.35 billion at average exchange. Wunderkind Lands New Backers Hans-Joachim and Gisa Sander have taken an unspecified stake in Wunderkind GmbH & Co. KG, Wolfgang Joop's Potsdam-based fashion company. Wal-Mart Reaches Settlement For Back Wages Over 5 Years Wal-Mart Stores Inc. agreed to pay more than $33.5 million in back wages and interest to 87,000 workers who were shortchanged on overtime during the last five years, the largest such settlement in 20 years. _________________________________________________ advertisement What if you had real-time access to all product information across your supply chain? With consumers demanding fast fashions, crises inevitably occur during the design and launch of new products. Read how you can deliver the right product to the right market at the right time and cost. Free white paper. http://www.centricsoftware.com/default.asp?url=literature_library§ion=whitepapers&id=05&oid=24&lsid=105 _________________________________________________ GENERAL Quote Of The Week "There's only a handful of people who potentially could affect meaningful change at the Gap." In Brief: Kellwood Taps Briggs Execs ... Retail Real Estate Moves A brief look at some of the day's stories. FASHION Fashion Scoops: No Man's Land ... Ruff Life ... Honor Roll ... One very important person will be MIA at Yohji Yamamoto's men's wear show today in Paris: the designer himself. Fancy Free - Franck Sorbier, On Aura Tout Vu, Boudicca, Richard Rene A live pony onstage, peekaboo tuxedos and a dress covered in Post-its -- the newer set of couturiers provided Paris with plenty of playful gimmicks. Auxiliary Action - Adam Jones, Lefranc-Ferrant, Cathy Pill Not all the news during this couture season came from made-to-order collections. FGI Honors Young Designers At the Rising Star Awards on Thursday, Fashion Group International honored eight emerging talents from women's wear, retail, accessories and interior design. British Fashion Council Urges 'Healthy' Models The British Fashion Council is urging designers here to use "healthy" models for their shows, but has stopped short of laying down any rules regarding body mass index or weight. BEAUTY REPORT Reece Dives Into Cool Water Gabrielle Reece is making Davidoff's Cool Water fragrance franchise a family affair, while creating a splash with ads for the brand's newest scent, Cool Water Wave Woman. Lauder Adds Rhoda to Supermodel Stable The Estee Lauder Cos. has recruited fashion model Hilary Rhoda to join the cast of spokesmodels representing the flagship Lauder brand. Armani Skin Care: In the Black Giorgio Armani has designs on skin care and he's employing fashion's favorite color to make his mark. Bobbi Brown's 'Living Beauty' at 50 Bobbi Brown is celebrating her 50th birthday this spring with the release of her fourth book, "Bobbi Brown Living Beauty," which hits stores this March. Men's Corner: Kiton Plans Revival of Fragrance Business Fragrance has long been known as an entry point to a luxury brand for consumers, but lately fashion firms have used scent to freshen up from an image standpoint. Ranking, Trends Shift in Hair Color The hair color war between L'Oreal and Procter & Gamble reached a new level last year as sales of P&G's Nice 'n Easy franchise gained ground on Preference by L'Oreal Paris, the category's best-selling brand. Caudalie Plans a Spa For New Plaza Hotel Much mystery remains about which retailers will make up the high-end retail landscape of the revamped Plaza Hotel, but one likely tenant is finding it hard to keep her company's plans secret any longer. Snippets: Fekkai Lands Second L.A. Location ... Seventeen Staffers Show Support ... Beauty For Breakfast ... Frederic Fekkai has signed a lease to open a salon located at 8457 Melrose Place in Los Angeles. _________________________________________________ WWD Fashion Career Expo February 9th - Gotham Hall, NYC - 10-3 Hundreds of pre-screened candidates meet hiring decision-makers of marquee companies in the fashion, retail and beauty industries for one day of interviewing. Visit www.FashionCareerExpo.com to attend. Contact Seth Berk at (212) 655-4505 ext. 244 or SBerk@FashionCareeerExpo.com to reserve your booth now! _________________________________________________ HBA REPORT Sally Spin-off Lands Culver in Red Alberto-Culver Co. said in its first financial report since the spin-off of Sally Beauty Holdings Inc. that costs related to an ensuing restructuring led to a first-quarter loss of $5.9 million, or 6 cents per share, for the period ended Dec. 31. Adding Up Beauty: Retailers' Latest Hope: Perfumery as an Art Form The surging stream of fine fragrance has spawned a trickling new tributary: artisanal fragrances crafted by master perfumers driven by a desire to showcase their art. MEDIA/ADVERTISING Memo Pad: Time For Change ... Second Assignment ... Really Out ... As expected, Time Inc. on Thursday confirmed the Bonnier Group would acquire the 18 Time4 Media and Parenting Group titles. READY-TO-WEAR REPORT TEXTILE & TRADE REPORT WEF: Embrace Growing Asian Economies Led by the fast-growing economies of China and India, the emergence of Asia as a global commercial force should be viewed by rich countries as an opportunity and not a threat, leading global political and business leaders said at the World Economic Forum here. | |||||||||||||||||
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Note: Full text of the articles contained in this email is available only to subscribers.
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