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Friday, April 06, 2007

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Friday, April 06, 2007
TODAY'S TOP STORIES
Beauty's New Look: Firms Cuddle Up to Customers and Go Green
An emotional connection. Those three words summed up the main theme of this year.
CEOs' 2006 Compensation Revealed
Terry Lundgren, chairman, president and chief executive officer of Federated Department Stores, earned $15.6 million in total pay last year, while his rival, Myron "Mike" Ullman 3rd, chairman and ceo of J.C. Penney, earned a total of $10.4 million in 2006.
Steven Robinson, Galliano Associate, 38
Steven Robinson, the ebullient right hand of John Galliano for more than two decades, was found dead at his apartment here on Wednesday. He was 38.

FINANCIAL
Guess Builds Fragrance Business With Suede
With the introduction this week of a men's scent called Guess Suede, the Los Angeles fashion brand has launched its fourth scent in a span of about 20 months.
Washington Mayor Looking To Spur Retail Development
Mayor Adrian Fenty launched a $270,000 study Thursday to determine how the District of Columbia can spur retail development and capture the more than $1 billion residents spend on goods and services outside the city limits.
Puma's Stock Surges On Talks of Takeover
Shares in Puma spiked in trading Thursday, fanned by speculation that Europe's second-largest sporting goods maker was the target of an imminent takeover by PPR.
Trade Groups, FBI Form Organized Retail Crime Database
Responding to a spike in organized retail crime, two trade groups have joined forces with the Federal Bureau of Investigation to launch the Law Enforcement Retail Partnership Network, a national database stores can use to share information on perpetrators.
Pyramid Taps Goldman Sachs To Explore Strategic Options
The Pyramid Cos., which owns 20 malls in the Northeast generating about $5 billion in annual sales, is evaluating strategic alternatives for 16 properties in its portfolio.
Dress Barn, Deb Shops Lead Early March Comps
March comparable-store sales for the handful of retailers reporting Thursday were mostly positive.

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BEAUTY REPORT
Sephora Details 10-Year Growth Into Superstore
In just shy of a decade, Sephora has transformed itself from an overseas underdog - albeit a glamorous one - into an 800-pound gorilla in the U.S. beauty marketplace.
Del Labs' NYC Reaches for Star
Del Laboratories thinks everyone wants to be a star. With that in mind, the company's NYC New York Color is teaming up with Star Magazine for a Get the Star Treatment mall tour.
Retailers, Manufacturers Aim to Extend Brands' Reach
Major beauty retailers and manufacturers here are broadening their scope and extending their reach into the daily lives of their consumers.
Intercos: A Need for Speed
Dario Ferrari, president of Intercos, has become a speed demon.
BeautiFull Formed to Promote Innovation
At a time when the market is clamoring louder than ever for innovation, packaging designers, suppliers and manufacturers have decided the only way to provide it is to increase the dialogue.
Snippets: Reward System... Look Book... Nars In Pictures
Kerastase's new e-commerce site, which is being launched April 9, rewards salons when users buy products online.

FASHION
Fashion Scoops: GirlTime... Kate's First Look
Marchesa's Georgina Chapman and Keren Craig made a quick stop in Southern California for trunk shows at Neiman Marcus at Fashion Island in Newport Beach and in Beverly Hills on Wednesday and Thursday.
Aquascutum Styling in Shanghai
Aquascutum is updating its image in China.
Immediates, Fall Both in Play at Dallas' FIG
Buyers shopped for multiple seasons at Fashion Industry Gallery's four-day market last month, with many looking ahead to fall while others focused on immediates and summer styles
Tao Freedom Thinks Time Is Right for Spa Fashion
As the ubiquitous tracksuit is phased out, Tao Freedom thinks it knows what will replace the active lifestyle mainstay.

RETAIL
Villa Moda Brings Concept To Kuwait
Majed Al-Sabah, the founder of luxury retailer Villa Moda, has taken his souk-inspired retail concept home to Kuwait.
London Primark Opening Draws a Capacity Crowd
It was a case of Primark pandemonium on Oxford Street here Thursday.
Vivre Escapes to the Bahamas
Escape by Vivre opened its first store last week, a 1,400-square-foot unit in The Cove Atlantis resort on Paradise Island in the Bahamas.
Manolo Blahnik Enters Turkey Via Harvey Nichols
Fashion devotees and connoisseurs of "Sex and the City" clamored to have their photographs taken with Manolo Blahnik when he launched his first boutique corner last month in the new Harvey Nichols store here.
Loehmann's Opens on Broadway
Robert Friedman stood on the main floor of Loehmann's new 35,000-square-foot store on Broadway between 73rd and 74th Streets, pointing to racks of contemporary brands such as Theory, Laundry, James Perse and Vince.

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ARTS & PEOPLE
Art Imitates Life Imitates Art
It's not easy being Colette. "My whole life is lived on the edge," says the multimedia artist, who began transforming herself into different personas in the Seventies, long before Madonna discovered the power of reinvention.

THE HBA REPORT
R&B Star Usher to Make Scents This Fall
The celebrity fragrance genre is about to make room for a new entry: that of R&B superstar Usher Raymond IV.

MEDIA/ADVERTISING
Memo Pad: Cutting The Hems... Revolving Door... Your Job To Party...
American Media Inc. continues to cut back at celebrity weekly Star. Though an AMI spokesman said on March 27 that no more layoffs would be forthcoming after the company cut 12 jobs that week, on Tuesday it bid adieu to a few more staffers.
Private Equity: New Haven for High-Priced Talent
It's possible that by end of this summer, Janice Min and Bonnie Fuller could no longer reign as queens of their respective celebrity weeklies.

GENERAL
In Brief: For Art's Sake... Celine Search
Francois Pinault, who owns Gucci Group, has prevailed in a competition with the Guggenheim Foundation for a massive exhibition space in Venice that would showcase the French billionaire's collection of modern and contemporary art.


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