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WWD 07/08/2004

WWD 07/08/2004

Reaping the Benefits: Wal-Mart's H. Lee Scott Retail's Highest Earner

Performance-based bonuses catalyzed compensation among the nation's top retail executives in 2003 and leading the charge was none other than the usually frugal Wal-Mart stores.

Reaping the Benefits: Wal-Mart's H. Lee Scott Retail's Highest Earner

Performance-based bonuses catalyzed compensation among the top retail executives in 2003, with the usually frugal Wal-Mart leading the charge.
— Jul 8, 2004

Boss Tweed

PARIS - Ever-inventive Karl Lagerfeld, who helped launch fashion's ongoing girly craze with his candy-colored, beribboned suits, changed direction on Wednesday with the fall couture collection he showed for Chanel. This season, he chose...
— Jul 8, 2004

In Brief: One More Step for Jones ... A Meeting in Time ... Henkel Cute Forecast ...

ONE MORE STEP FOR JONES: Jones Apparel Group Inc. said on Wednesday that it successfully completed its cash tender offer for Maxwell Shoe Co. Inc. for all the outstanding shares of common stock, together with the associated preferred stock...
— Jul 8, 2004

Corrections

Wholesale revenues for Delta Galil, the Tel Aviv-based intimate apparel manufacturer, were $580 million in 2003. This number was incorrect in a story on June 21.

***


A managing director at Peter J. Solomon Co. was...
— Jul 8, 2004

Green Hopes Third Time's a Charm for M&S

On Wednesday, retail tycoon Philip Green made a third and final bid for the struggling British retail chain.
— Jul 8, 2004

Wellman Snared in Three-Year Price-Fixing Investigation

NEW YORK - Wellman Inc. this week became the third major U.S. fiber company to be caught up in a federal investigation into price fixing in the polyester staple industry.

The U.S. Department of Justice has been probing the activities of...
— Jul 8, 2004

Richemont's Franco Cologni Plans Retirement

LONDON - Franco Cologni, who was instrumental in building Richemont's watch business, will retire from his full-time executive role later this year when he turns 70, the company said in a statement Wednesday.

In November, Cologni...
— Jul 8, 2004

Do Democrats Dress Better?

Sen. John Kerry's daughters host a fundraiser concert in L.A. Tuesday night.
— Jul 8, 2004

Ace Shopper

Shopping with tennis phenom Maria Sharapova.
— Jul 8, 2004

Phoenix Rising

NEW YORK - All an unknown band needs is for its album to fall into the right hands. And if those delicate, Midas-fingered mitts happen to be Sofia Coppola's, even better.

Since appearing on the soundtrack of the Oscar-winning...
— Jul 8, 2004

What to Watch: Let the Games Begin ... Crossover Appeal ... Sharapova: Tennis' New Face ...

LET THE GAMES BEGIN

Activewear companies are gearing up for the world's most important sporting event as Olympic athletes enter their final training period for the Summer Games in Athens next month.

Olympics-related...
— Jul 8, 2004

Authoritative Chic and Exuberant Extravagance

Karl Lagerfeld and Valentino made solid cases for couture's validity: Lagerfeld's boldness at Chanel and Valentino's wearable indiscretion.
— Jul 8, 2004

Retail Pay Scale: The 20 Executives of Public Retail Companies Selling Apparel With the Highest Compensation in 2003.

The compensation of retail executives pales in comparison to the renumeration of fashion designers. Tommy Hilfiger, for example, earned $18.3 million in 2003, while the highest-paid retailer on the list, H. Lee Scott, chief executive officer of...
— Jul 8, 2004

Chanel's Record-Breaking Ride

Following two trunk shows that brought in $5 million each, Chanel's growth hinges on designer Karl Lagerfeld and its strong advertising and marketing.
— Jul 8, 2004

Denim Dish: A Hass Retires at Levi's ... Plugg Ad Plush ... Getting Connected ...

A Haas Retires at Levi's

Peter Haas Sr. is stepping down from his seat on the Levi Strauss & Co. board and from his post as chairman emeritus, the firm said last week. His spot on the board will be filled by his wife,...
— Jul 8, 2004

What to Watch: A Basics Bonanza

NEW YORK - A focus on basic five-pocket jeans dressed up with distinctive washes and higher-quality fabrics, coupled with signs of recovery in the economy at large, led to a solid first half for major jeans makers.

Executives said they...
— Jul 8, 2004

What to Watch: Getting a Jump on B-T-S

NEW YORK - When teens head to the malls later this summer to begin their back-to-school shopping, they'll be met with a number of higher-priced lines from familiar jeans vendors.

Those lines will draw heavily on the Eighties for...
— Jul 8, 2004

What to Watch: Dockers Seen as Hefty Bite for Bidders

NEW YORK - By year's end, Levi Strauss & Co. aims to part ways with the Dockers brand, a label the San Francisco jeans giant launched in 1986 that today represents almost 25 percent of its revenues.

Since the company acknowledged in...
— Jul 8, 2004

Fashion Scoops: His and Hers ... Step by Step ... Ray of Light ...

HIS AND HERS: Hedi Slimane still has a strong female following for his Dior Homme men's wear. To wit: model Linda Evangelista popped in to the new Dior boutique on Rue Royale Wednesday afternoon to check out the fall arrivals. Since...
— Jul 8, 2004

Vuitton Rocks la Ville

"There's a big yellow ring that I need on my finger!" Eve shrieked Tuesday night in Paris as Louis Vuitton debuted its fine jewelry collection. The luxury giant lassoed every VIP in town, making the lobby of its headquarters...
— Jul 8, 2004

What to Watch: Entertaining Deals

Jessica Simpson or Alicia Keys could be the next celebrity to launch a sportswear line.
— Jul 8, 2004

What to Watch: Back-to-School: Critical Season for Teen Retailers

A key back-to-school season awaits.
— Jul 8, 2004

Beauty Beat: Katz, Tommy Bahama Team Up For New Fragrance Collection ... Chanel, Seventeen Contest

NEW YORK - Neil J. Katz, former president of Liz Claiborne Cosmetics, has re-emerged brandishing a beauty license from Tommy Bahama and plans for a fragrance line positioned on the image of the high-priced tropical resort apparel...
— Jul 8, 2004

Gucci Japan Appoints President

TOKYO - Shinichi Tanaka has been named president of Gucci Group Japan, replacing Toshiaki Tashiro, who has resigned.

Tanaka, who joined Gucci Japan in 1997, had been executive vice president and chief financial officer of Gucci Japan. A...
— Jul 8, 2004

New York Fashion Space Gets $1.5M in Funding

NEW YORK - New York Fashion Space, a project to create a permanent home for apparel manufacturing in Manhattan, has crossed its first fund-raising obstacle.

The City Council has authorized $1.5 million in capital funding for the plan,...
— Jul 8, 2004

Olsen Swim Line Expanding

NEW YORK - Mary-Kate and Ashley Olsen may be all over the tabloids now, but that isn't slowing the expansion of their business operation.

The twins' swimwear line, which has been sold exclusively at Wal-Mart for the past four...
— Jul 8, 2004

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