News
Media
Star Lite: Hello, In Style
NEW YORK -- Don't say Hello yet. The Spanish-owned weekly magazine, known as Hola on its own turf, is still planning a much-anticipated launch in the U.S., but the debut will be a little later than planned.
Hello's U.S. launch has been...
– April 22, 1994
Beauty
Sears Merchandise Profits More Thank Double in Period
CHICAGO -- Helped by strong apparel sales, profits at Sears Merchandise Group more than doubled in the first quarter ended April 2.
In the quarter, the Merchandise Group, which includes merchandising, credit and international operations, earned...
– April 22, 1994
Beauty
Big Shoes to Fill at Lancome
NEW YORK -- One of the Big Three will soon be without a chief.
When Pierre Rogers steps down as president of the Lancome division of Cosmair Inc. at the end of April to develop a private label line of cosmetics for Sears, Roebuck & Co., one...
– April 22, 1994
Fashion
Guilford Mills Earnings Tumble 36% in 2nd Quarter, Apparel Fabrics
GREENSBORO, N.C. -- Battered by lower margins in its apparel fabric operations, Guilford Mills Inc. reported earnings slumped 36 percent in the second quarter ended March 27.
However, Guilford said it still expects to see improvement in apparel...
– April 22, 1994
Fashion
Clarification
A story on April 12, stated that Barbizon Corp. is no longer in operation. That is technically true but could be misleading. Barbizon Corp., a lingerie manufacturer whose principal assets were purchased by VF Corp. in 1991, was reorganized by VF as...
– April 22, 1994
Beauty
Natural Looks, Treatment Fuel Southeast Gains
ATLANTA -- A boom in nail care and strong gains in treatment are fueling the drugstore cosmetics business in the Southeast, according to area retailers.
A sampling of drugstores indicates cosmetics sales in the region range from flat for the...
– April 22, 1994
Beauty
La Redoute Holders go to Court Over Merger With Pinault-Printemps
PARIS -- As expected, a group of minority shareholders of La Redoute has decided to take legal action regarding the merger between La Redoute and its majority shareholder, Pinault-Printemps.
The Association for the Defense of Minority...
– April 22, 1994
Beauty
Avon Ongoing Net Rises 20% for First Quarter
NEW YORK -- Aided by solid results in domestic and international operations, Avon Products reported earnings from continuing operations climbed 20 percent in the first quarter ended March 31.
Earnings from continuing operations rose to $29.5...
– April 22, 1994
Beauty
Origins Opens 2nd Store Within Store
NEW YORK -- Since Origins created its own store within Neiman Marcus's Dallas unit in November, sales have reportedly tripled.
Now the company is looking for a repeat performance when it opens a similar installation at the Short Hills, N.J.,...
– April 22, 1994
Beauty
Groupe, Guy Laroche Volume Slides 15% in Three Months
PARIS -- Sales at Groupe Guy Laroche in the first quarter continued their downward trend, dropping 15 percent to $21.9 million (127 million francs) at current exchange, it was reported by majority owner Groupe Bic.
Overall sales at Groupe Bic,...
– April 22, 1994
Fashion
Bromer Named Exec VP at Jovine
NEW YORK -- Elissa Bromer has been named executive vice president of Andrea Jovine.
Bromer, who will direct all sales and marketing activities for Jovine sportswear, dresses and petites, will report directly to Victor Coopersmith, chief...
– April 22, 1994
Beauty
CCA's Five Percent Solution
EAST RUTHERFORD, N.J. -- The skin care brands of CCA Industries aren't as well known as those of, say, Procter & Gamble and its Oil of Olay.
But for many mass market retailers, they are just as important, especially to the bottom...
– April 22, 1994
