Fashion Design

Thursday, March 29, 2007

WWD Headlines

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NEWS

-Gianni Versace SpA is back in the black and on track for a potential initial public offering - with net profits of 19.1 million euros, or $24.1 million, last year...

- Polo Ralph Lauren Corp., in a cash transaction of $175 million, bought out the 50 percent stake in Ralph Lauren Media that was held by NBC-Lauren Media Holdings and ValueVision Media Inc. to gain full ownership of Polo.com...


BEAUTY

- Korres Natural Products, the Greece-based beauty care company that makes 300 skin, hair and sun care products, made its initial public offering on the Greek stock exchange to raise capital for what it sees as its largest growth opportunity: building company-owned stores around the world...



For complete coverage, see tomorrow's issue of WWD.



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