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Friday, May 11, 2007

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Friday, May 11, 2007
TODAY'S TOP STORIES
A Bullish Arnault: Despite Weak Spots, LVMH Chief Upbeat on '07
Likening the fashion business to Formula One racing, Bernard Arnault says having a fast car is no guarantee of getting to the finish line first.
Sander CFO Mueller Sees Turnaround
Raf Simons' appointment as creative director of Jil Sander AG two years ago is proving to be pivotal in the turnaround of the German brand, which is on track to break even this year.
Sarah Jessica Parker's Minneapolis Mob Scene
"Can you feel the love, girl?" shouted a visibly animated Sarah Jessica Parker fan during her appearance here.

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Merchandise Manager
Manager for Intimates in NYC. Candidate will demonstrate teamwork and interpersonal skills to work cross-functionally. Deliver exciting and relevant products. Knowledge of fashion apparel, with the ability to translate inspiration from global consumer trends. 3-5 years experience in merchandising, design and product development. Bachelor's degree required. Respond with "Merchandise Manager".
Apply at wwd@24seveninc.com
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BEAUTY REPORT
Hermes Taps Heritage for New Scent
When it unveils its Wall Street boutique on June 21, Hermes will also raise the curtain on Kelly Caleche, a women's fragrance.
Snippets: Sally's Net Decrease... Jonathan Change... L'Oreal Moves...
Second-quarter profits at Sally Beauty Holdings narrowed to $11 million from $31.2 million in the same period a year ago due to a significant increase in interest expense to nearly $43 million. Earnings per diluted share for the quarter ended March 31 came in at 6 cents a share on sales that rose by 4.9 percent to $609.3 million from $581.1 million a year ago.
Burt's Bees Exec Announces Product Regulation Effort
Michael Indursky is out to seek the greater good, all in the name of the natural personal care market.
Success of Derek Jeter Scent Drives Brand's Expansion
Avon will be swinging for the fences this summer by expanding its Derek Jeter fragrance franchise into a three-step skin care collection.
Armani Signs Beyonce to Front Scent
Giorgio Armani now has megawatt bling, after inking a deal with Beyonce Knowles to be the face - and voice - of his next women's fragrance, Emporio Armani Diamonds, due out this fall.
Pharmaca Marries Mainstream, Natural and Luxury Beauty
Will Pharmaca become the Whole Foods of the upscale pharmacy sector? Executives at Pharmaca and a venture capital firm seem to think so.
Chanel Brings Makeup Studio to U.S.
Bloomingdale's new South Coast Plaza store in Costa Mesa, Calif., has an American exclusive from Chanel.
Ricci's Nina Comes Stateside
One of Europe's top-selling young women's fragrances is set to hit U.S. shores this fall.
Donatella Versace Does a Star Turn
Donatella Versace strode onto the main floor of Saks Fifth Avenue in New York Tuesday afternoon to promote her new women's scent, and turned on the star power.

THE HBA REPORT
Global Spa Summit Taps Industry Elite
The spa industry is about to enter into territory that acknowledges its $40 billion annual worth: It's getting a summit.
Takashimaya Moves Beauty to Main Floor
Takashimaya will move its beauty department from the sixth to the ground floor of its Fifth Avenue store in New York on Wednesday, to generate more traffic.

FINANCIAL
April Comps Fall Short of the Mark
April showers and an early Easter wiped out same-store sales for most apparel retailers.
Urban Outfitters Earnings Surge 45% on Spring Sales
Urban Outfitters Inc.'s first-quarter earnings surged 45 percent, driven by solid sales of spring assortments.
Li & Fung Plans Sale of $500M in Bonds
Global consumer goods exporter Li & Fung Limited said Thursday that it will sell $500 million worth of bonds.
Lucky Brand Promotes Munoz
Most recently senior vice president of merchandising and design at Lucky and president of C&C California, Munoz joined Lucky Brand in 1998 as a designer and has played a major part in the brand's growth since.
Currency Woes Temper Hermes Sales
Reflecting an unfavorable currency environment and a sluggish Japan, first-quarter sales at Hermes International rose a weaker than expected 1.3 percent, to 366.1 million euros, or $479.7 million, from 361.5 million euros, or $434.7 million. Stripping out the impact of currency, the increase stood at 6.5 percent.
IT Holding's Profits Rise As Revenue Drops 9.1%
Strong performances by its accessories division and core brands helped advance IT Holding's pretax profits in the first quarter, but couldn't stave off a drop in revenues incurred from the loss of the D&G license.

TEXTILE & TRADE REPORT
China Imports Increase Despite Quota Pressure
Apparel imports from China are soaring, increasing 46.5 percent in March, more than a year into the three-year regimen of quotas the Bush administration negotiated in late 2005.

FASHION
Fashion Scoops: Isabella Blow Services... On-Screen Style... Sienna In Store...
A funeral service for Isabella Blow will take place Tuesday at Gloucester Cathedral in Gloucester, England - the same church in which the stylist and fashion editor got married to Detmar Blow in 1989.

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WWD Fashion Career Expo - Coming Soon To L.A.!
May 17th, 10 AM - 3 PM, Los Angeles
CA Market Center, 110 East 9th Street
Hundreds of prescreened candidates meet hiring decision-makers of marquee companies in the fashion, retail and beauty industries for one day of interviewing.

Interested in attending? Visit www.FashionCareerExpo.com
Interested in exhibiting? Contact Melissa Yoblon at (212) 655-4505 ext. 262 or MYoblon@FashionCareeerExpo.com to reserve your booth now!
www.FashionCareerExpo.com
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MEDIA/ADVERTISING
Memo Pad: Round Two... Back In Action... What A Group...
Us Weekly has caused yet another stir within the celebrity weekly category with an attack on its competition.
Moms of Distinction Honored
"I can't cook. I can't clean. Being a good mother was kind of a confusing thing," admitted designer Eileen Fisher at Thursday's National Mother's Day Council luncheon at The Pierre.
Modern Bride Fetes Trendsetters
Deepak Chopra, Lance Armstrong and Michael J. Fox may well have been the least likely guests one would have expected to find at Wednesday night's Modern Bride 25 Trendsetters awards dinner, but each of those three presenters helped capture the event's element of surprise.
D.C. Royalty
Queen Elizabeth II wasn't the only reigning darling to dazzle the nation's capital this week. For a small pack of faithful pals, the occasion was a chance to get together with former first lady Nancy Reagan, who knows how to make an entrance.

EYE
Show Girl
Dori Berinstein knew from Day One that a life on the stage was not her calling. Pulling strings behind the scenes, however, had instant appeal.

GENERAL
In Brief: Top Exec Departs Harry Winston... On Deal On Labor
Peter C. Schneirla, vice chairman and chief gemologist of Harry Winston, is exiting the jewelry company after three years.

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