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WWD 12/15/2004

Polet's Plan for Gucci: Out to Double Revenues, But Specifics Are Sparse

Gucci Group's new ceo, Robert Polet, painted an upbeat picture as he presented his long-awaited, three-year strategic plan on Tuesday.

Polet's Plan for Gucci: Out to Double Revenues, But Specifics Are Sparse

Gucci Group's new ceo, Robert Polet, painted an upbeat picture as he presented his long-awaited, three-year strategic plan on Tuesday.

— Dec 15, 2004

Beauty Beat: Lauder Taps Chief Operating Officer ... Andy Roddick's New Racket ...

William Lauder has named Dan Brestle as the new chief operating officer of The Estée Lauder Cos.

— Dec 15, 2004

In Brief: Urban Outlook ... Wet Seal Notes ... Coach HQ Expansion ...

URBAN OUTLOOK: Pacific Growth Equities raised earnings estimates and upgraded shares of Urban Outfitters Inc. on Tuesday to "over weight" from "equal weight," noting that "business trends are beyond even...

— Dec 15, 2004

Liz Claiborne Sells Off Kenneth Cole Shares

NEW YORK - Liz Claiborne Inc. sold off its 1.5 million shares of Kenneth Cole Productions Inc. in a move that will essentially pay for fourth-quarter restructuring charges the firm laid out on Tuesday.

The stock sale will produce a...

— Dec 15, 2004

Mervyn's Appoints Leto President, Top Merchant

NEW YORK - Rick Leto has landed himself a new gig.

A former top merchant at Kohl's, who spent a short time at Galyan's this summer before the chain was sold, is joining Mervyn's as president and chief merchandising...

— Dec 15, 2004

China Imports Continue to Surge

WASHINGTON - China has more than doubled its share of U.S. textile and apparel imports in the past two years and maintained that momentum in October, largely contributing to the highest 10-month import period on record, the Commerce...

— Dec 15, 2004

Fashion Scoops: Shop Talk ... Cole's Pale Male E-Mail ... Cosy Comforts ...

SHOP TALK: Giacomo Santucci, who was ousted as Gucci's chief executive in October, has not strayed far from the fashion world. Sources in Europe said the executive is advising the real estate company Aedes,...

— Dec 15, 2004

'Brand Man' Polet Brings His Lessons To Luxury World

LONDON - During Robert Polet's crash course on luxury, one of his favorite discoveries plumbing the Gucci archives was a decades-old ad slogan: "Quality is remembered long after price is forgotten."

A leather plaque...

— Dec 15, 2004

Restructuring Donnkenny Weighing Its Options

NEW YORK - Donnkenny Inc., the women's sportswear manufacturer that has been in restructuring mode since the summer, is considering whether to be put up for sale, seek financial backers or stay a freestanding company.

"The...

— Dec 15, 2004

Russell to Buy Brooks Sports For $115 Million

NEW YORK - In another move to expand its brand portfolio, Russell Corp. said it will buy Brooks Sports, the Bothell, Wash.-based running gear company, for about $115 million in cash.

The $1.19 billion activewear giant expects its earnings...

— Dec 15, 2004

Clicking With the Wired Consumer

NEW YORK - It's a brave new world of consumers empowered by emerging technologies - one in which people are armed with more information than ever and subsequently are less averse to trying new products and unfamiliar...

— Dec 15, 2004

Robinson Unleashed at Paco Rabanne

Former Perry Ellis designer Patrick Robinson has joined Paco Rabanne, a unit of Puig, as creative director and will show his first collection in March.

— Dec 15, 2004

Sweaters Shaping Up as Holiday Hit

Shoppers looking for something to keep them warm or to leave under the tree are turning to cashmere and sweaters made of other soft yarns.

— Dec 15, 2004

Cardona Charts New Course

David Cardona has been hired as creative director at Development, the better contemporary line, to help it become a lifestyle brand.

— Dec 15, 2004

Orv Madden Turns to Mall for Latest Venture

LOS ANGELES - Orv Madden retired in 2002 after founding Hot Topic, the music-influenced, counter-culture teen stores in 1988, and the Torrid concept geared to plus-size teens.

Madden, 56, started a small vineyard - his first...

— Dec 15, 2004

Suzy

Camilla Parker-Bowles' book binge…Maria Carey tries her hand at lingerie design…Billy Baldwin's bundle of joy.

— Dec 15, 2004

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WWD

WWD 12/15/2004

WWD 12/15/2004

Polet's Plan for Gucci: Out to Double Revenues, But Specifics Are Sparse

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