Women’s Wear Daily
04.20.2014

Financial

Beauty

Financial

Page 1302 of 1326

Giuliani Bid to Shave Sales Tax on Apparel Gets Good Reception

NEW YORK -- Anything that puts more disposable money into consumers' pockets is OK with retailers and manufacturers.

That's why fashion industry executives here praised Mayor Rudolph W. Giuliani's proposed tax cuts Thursday as a way to...

Storms, Quake Punch Store's January Sales

NEW YORK -- Between harsh winter storms and the earthquake in Los Angeles, it was a rough January for retailers.

Among the hardest hit were regional discounters and off-pricers.

Those reporting same-store decreases included United...

Armanis Buy Chairman's Stake in Simint

MILAN -- Giorgio Armani and his sister Rosanna have bought the 22 percent stake in Simint SpA that had been held by Milan financier and Simint chairman Francesco Micheli. The Armanis bought the stock for about $20 million (34 billion lire at current...

Avon Earnings Rise 2 Percent in Fourth Quarter

NEW YORK -- Avon Products reported Thursday that profits edged up 2 percent in the fourth quarter. A continuation of strong operating results in the Far East and Latin America was offset by weakness in the U.S. and Europe.

Avon said profits...

Aloys Schmeken Named Henkel Cosmetic's CEO

DUSSELDORF -- Aloys J. Schmeken has been named chief executive officer of Henkel Cosmetics GmbH, the cosmetics and toiletries division of the German household products giant, which is based here.

He succeeds Paul Wentholt, who...

Speedo Gets Atlanta Olympic License

NEW YORK -- Speedo/Authentic Fitness said Thursday it has become an official licensee of the Atlanta Committee for the Olympic Games.

Speedo has the exclusive license for women's, men's and children's swimwear and water-related accessories and...

Refurbished Lanier Plant Paying Dividends

FAYETTE, Ala. -- Introducing European technology and know-how into a domestic deep South men's tailored coat factory has reduced delivery times in Lanier's refurbished plant here from three weeks to 10 days.

Lanier recently invested $750,000 to...

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