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WWD 02/27/2003

WWD 02/27/2003

Marineau's Millions: Levi's Chief Exec Sees Pay Jump to $25.1M

Add Phil Marineau to the short list of apparel executives who have reeled in eight-figure paychecks.

Marineau's Millions: Levi's Chief Exec Sees Pay Jump to $25.1M

NEW YORK - Add Phil Marineau to the short list of apparel executives who have reeled in eight-figure paychecks.

While last year didn't...
— Feb 27, 2003

Guess Reports Loss

NEW YORK - A sharp drop-off in wholesale revenues drove Guess Inc. into the red for the fourth quarter and fiscal year, but the company's president held out hope that its growing chain of stores and new staffing on the wholesale side will...
— Feb 27, 2003

Pacific Sunwear Plans Retail Space Increase

LOS ANGELES - In a time when teens have clamped down on spending and retailers are slowing expansion plans, Pacific Sunwear of California said Wednesday that it will increase its retail square footage by 12 percent this year. The rise...
— Feb 27, 2003

TJX Net Dips in 4th Quarter

NEW YORK - Weakness at the Marmaxx unit helped push TJX Cos. Inc. fourth quarter profits into decline, though 2003 marked improvement overall for the nation's largest off-pricer.

Net income for the quarter slid 0.7 percent to $154.3...
— Feb 27, 2003

The WWD List

Latin America
— Feb 27, 2003

The New Face Of the Palace

"We wanted to be respectful of the legend," said Roland Fasel, general manager of the storied Badrutt's Palace Hotel, the grand Victorian lodge built in St. Moritz in 1896, which has since hosted everyone from Marilyn Monroe to...
— Feb 27, 2003

Starck Mixes It Up

You've got to give it to Louis Vuitton chief Yves Carcelle -he lives a life his customers would envy. Carcelle and his wife, Rebecca, arrived in St. Moritz last week on the private jet of friends Philippe and Nori Starck for a...
— Feb 27, 2003

Gogh Dutch

The newest exhibition at Amsterdam's Van Gogh Museum, "Vincent's Choice: The Musée Imaginaire of Van Gogh," was nearly a victim of its own success. The opening two weeks ago might have promised an "imaginary...
— Feb 27, 2003

Levi's Retail Inspiration: The Supermarket

NEW YORK - Levi Strauss & Co. has kicked off a campaign to expand and remodel its chain of signature stores.

The San Francisco-based company last week unveiled its revamped store design at a party at its new SoHo location, at 536 Broadway...
— Feb 27, 2003

Warming Trend

NEW YORK - Will next winter be as cold? Nobody knows for sure, but if it is, Anna Sui fans will be stylish snow bunnies anywhere. Her collection had plenty of down, along with more streamlined looks, featuring fur or fake fur and big hoods....
— Feb 27, 2003

In Brief

RATING THE RETAILERS: Zagat Survey will launch its first-ever New York Shopping Guide on Monday at Bloomingdale's, with ratings and reviews on more than 2,000 stores in the New York City area. "The company is really trying to cover...
— Feb 27, 2003

Correction

Angela Ahrendts and Trudy Sullivan are executive vice presidents of Liz Claiborne Inc. Their titles were incorrect in a story starting on page 1, Feb. 21.
— Feb 27, 2003

Social Circles

Whether art collector, socialite or music fan, the city's social creatures had an array of splashy events to choose from Tuesday night. More than 800 uptowners, decked in their razzle-dazzle best, glided into the Museum of the City of New...
— Feb 27, 2003

Mama Knows Best

Behind every good man is a good woman - and that goes for star chef Rocco DiSpirito, too. His charming mother, Nicolina, who hails from Naples, has been integral to his relaunch of Jeffrey Chodorow's Tuscan Steak, which officially opens...
— Feb 27, 2003

Coterie Climbs Above the Fray

NEW YORK - For many vendors at the Fashion Coterie, there was light at the end of the tunnel.

The industry has been talking about it for months: The economy is slowing and business is tough. While many of the vendors and retailers...
— Feb 27, 2003

Citizens of Humanity Seeks to Claim Its Stake

NEW YORK - Michael Glasser and Jerome Dahan are used to moving fast.

The sales and design team, who started the Los Angeles-based Seven For All Mankind label more than two years ago, saw the brand reach $64 million in just a couple of...
— Feb 27, 2003

Fashion Scoops: Made to Francer ... CEO to Go ... All in the Family ...

MADE TO FRANCER: Istvan Francer's tailored and luxuriously embroidered clothes will now be available on a custom-made basis only. "Francer's collections are fantastic, sophisticated and precious, but they are difficult to place on...
— Feb 27, 2003

Sundari Skin Care Sold

NEW YORK - Sundari, the Ayurvedic skin care brand, has been sold. But Christy Turlington, one of Sundari's three founders that launched the company in 1999, is staying - at least for now.

Mumbai, India-based Marico Industries...
— Feb 27, 2003

Clarification

The WWDList, Fashion Weak, that ran Feb. 20, page 15, was too narrowly defined in its initial form by Right Angle Research, which prepared it. To determine the amount of coverage designers received during New York Fashion Week, Feb. 7 through Feb. 18,...
— Feb 27, 2003

Tiffany Sales Hike Profits, New Concept to Launch

NEW YORK - A tarnished performance in Japan didn't prevent Tiffany & Co. from posting higher fourth-quarter sales and earnings, and its reliance on its core brand won't stop it from introducing a new non-Tiffany retail concept in...
— Feb 27, 2003

Former Kmart Execs Indicted

NEW YORK - A $42 million accounting misstatement in 2001 contributed to Kmart Corp.'s escalating financial problems and led to the indictment in Detroit Wednesday of two of its former vice presidents.

Enio Montini Jr., 51, and Joseph...
— Feb 27, 2003

Pereda: From Su Casa to Sears

NEW YORK - Move over, Martha, Thalia and J.Lo. Lucy is coming.

Lucy Pereda, the hostess of the hit magazine show "En Casa de Lucy" on Galavision, does it all: decorating, arts and crafts and cooking. She even doles out fashion...
— Feb 27, 2003

U.S., EU Trade Battle Brewing

WASHINGTON - A potential trade war between the U.S. and European Union is festering, as Congress remains divided over how to keep the EU from levying $4 billion in sanctions against American goods.

Matters came to a head on Wednesday as...
— Feb 27, 2003

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