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WWD 09/05/2002

WWD 09/05/2002

Opposites Attract: Diesel Buys Majority Of Martin Margiela

Gucci's New Look to Bow on Madison

The chic urban spaces that Tom Ford and interior architect Bill Sofield created for Gucci, like its Fifth Avenue flagship, offer a study in late-Nineties cool.
— Sep 5, 2002

Take Two

NEW YORK - Gucci is unveiling its next-generation store. The shop, which will open on Madison Avenue on Saturday, is designed by Tom Ford and interior designer Bill Sofield. The dominant color is brown, already a Gucci signature, and the new...
— Sep 5, 2002

Opposites Attract: Diesel Buys Majority Of Martin Margiela

PARIS - Fashion's Greta Garbo has wed its Harpo Marx: The intensely secretive Belgian designer Martin Margiela and the flamboyant Italian industrialist Renzo Rosso have entered into an unexpected alliance.

Rosso, the jet-setting...
— Sep 5, 2002

Movado Net Up 4.8%, Sales Slide

NEW YORK - Cost cuts allowed Movado Group Inc. to post gains in second-quarter profits despite an appreciable sales decline.

For the three months ended July 31, the Paramus, N.J.-based watchmaker reported net income grew 4.8 percent to...
— Sep 5, 2002

Sales Gains, Charge Cut Arden's Losses

NEW YORK - Improved business controls, as well as a year-ago charge, helped Elizabeth Arden Inc. narrow its second-quarter losses as sales increases cleared the double-digit hurdle.

Losses attributable to common shareholders for the...
— Sep 5, 2002

In Brief

MORE BAD NEWS FOR BOSS: Orders for Hugo Boss' spring 2003 collection are down 4 percent on the year so far, confirmed a spokesman for Marzotto, which owns the German fashion house. Boss is seeing hard times in its two biggest markets, with...
— Sep 5, 2002

Nordstrom: Tough Year Ahead

NEW YORK - Nordstrom has been in recovery mode for two years, but is not out of the woods, yet.

The Seattle-based specialty chain is bracing for another tough year, compounded by its biggest-ever round of store openings, a need to...
— Sep 5, 2002

Wal-Mart and Kmart To Suspend Advertising on 9/11 Anniversary

NEW YORK - Both Kmart and Wal-Mart will suspend all TV and radio advertising on Sept. 11.

Kmart will place institutional tribute ads in memorial editions of several New York daily newspapers that day, including The New York Times and The...
— Sep 5, 2002

Mixed Bag for First Aug. Comps

NEW YORK - The mature woman's disenchantment with department stores helped two women's specialty stores - Chico's FAS and Christopher & Banks Corp. - report positive comparable-store sales in August.

However,...
— Sep 5, 2002

L'Oréal's Net Profits Surge 29.6 Percent

PARIS - French beauty giant L'Oréal posted net profits before exceptional items up 29.6 percent to $754.4 million year-on-year.

All dollar figures are converted from the euro at current exchange rates. For six months ended...
— Sep 5, 2002

Spring Forces

By LAS VEGAS - In the midst of scorching heat at WWDMAGIC last week, buyers and vendors had one burning question: What's next after "hippie whoredom?"

Amid wide concern about the saturation of the look of overtly sexy peasant shirts...
— Sep 5, 2002

Full Pricers In An Off-Price World

LAS VEGAS - Vendors at the Off-Price Specialist Show, held at the Sands Expo and Convention Center, found themselves catering to a full-priced lineup, with such giants as Wal-Mart, Ross and Kmart paying a visit.

Held concurrently with...
— Sep 5, 2002

WWIN-ing Ways

LAS VEGAS - The Women's Wear in Nevada show keeps packing 'em in.

The sold-out show opened in a larger, 12,000-square-foot tent on the Rio Hotel and Convention Center parking lot to accommodate 70 extra exhibitors that had...
— Sep 5, 2002

Getting Into The Pool

LAS VEGAS - The Pool show, held off the strip at the nondescript Alexis Park Hotel, is the cool new kid on the block.

From the rolling racks (no fancy megabooths here) to the post-Modern furniture and shag rug seating areas and the...
— Sep 5, 2002

Fashion Scoops: Puffy Wins ... Pay Day ... Say Cheese ...

PUFFY WINS: He's lost three consecutive awards from the Council of Fashion Designers of America, but Sean "P. Diddy" Combs is guaranteed to walk home with a trophy at the Fashion Group International's Night of Stars benefit on Oct. 24....
— Sep 5, 2002

Selling the Unexpected

NEW YORK - Snazzy and versatile items such as velour tops and classic track suits are among the surprise items helping to rev up fall activewear sales.

But these fresher items carry higher prices than basic T-shirts and are also...
— Sep 5, 2002

Liz Claiborne Heads to the Spa

NEW YORK - Liz Claiborne is kicking back a bit.

This month, the sportswear giant rolls out its first spa collection in select department stores. Aimed at urban customers, the 10-piece collection is being placed with retailers on the East...
— Sep 5, 2002

The WWD List

Consumers Report



Try getting inside the head of a woman. Freud did, and look at all the controversy it brought him. The following list is a bit more scientific. Consumers answered a variety of psychographic questions about shopping,...
— Sep 5, 2002

Jeans Hold Up B-T-S Sales

NEW YORK - While the slow ringing of cash registers this summer may have sounded off-tempo to some retail executives, back-to-school sales in the jeans and denim categories were upbeat, retailers reported.

Shoppers have been snapping up...
— Sep 5, 2002

Denim Dish

Earl Expands Its Domain

It's been almost a year-and-a-half since Nautica Enterprises Inc. acquired the Earl Jean brand, and the denim line is getting ready to turn up the promotional volume.

The company is launching its first...
— Sep 5, 2002

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