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WWD 11/04/2005

WWD 11/04/2005

Worldwide Ambitions: Armani Exchange to Double Store Base

Giorgio Armani SpA announced that it is forming a joint venture with billionaires Christina Ong and her husband, Ong Beng Seng to grow the Armani Exchange business, doubling the number retail stores and introducing the brand to new markets.

Worldwide Ambitions: Armani Exchange to Double Store Base

Giorgio Armani is forming a joint venture with billionaires Christina Ong and Ong Beng Seng to grow the A|X Armani Exchange business worldwide.
— Nov 4, 2005

Ferragamo Sells Ungaro

Another French fashion house has come under American ownership.
— Nov 4, 2005

Rossi Family Parting Ways With Company

Six years after he sold 70 percent of his company to Gucci Group, Sergio Rossi is saying so long to the firm he founded in the Fifties.
— Nov 4, 2005

U.S.-China Deal Said 'Very Close'

The U.S. and China are "very close" to reaching an agreement on regulating surging imports of apparel and textiles, a top U.S. trade official said Thursday.
— Nov 4, 2005

Quote of the Week

"We are in a phase where we will put the accent on development, on building the turnover."
— Nov 4, 2005

In Brief: Liz Buys Prana ... Safeguarding Socks

A brief look at some of the day's stories.
— Nov 4, 2005

Coty Unveils Integration Strategy

Coty Inc. unfurled a sweeping plan to integrate the Unilever Cosmetics International business into Coty's Lancaster Group Worldwide.
— Nov 4, 2005

Paltrow's Lauder Commercial Set to Air

Estee Lauder is set to unveil its first TV advertising featuring actress Gwyneth Paltrow later this month.
— Nov 4, 2005

Top Notes: Unilever Numbers ... LVMH Appointments ... Lauder Enters Vietnam ...

Unilever announced Thursday third-quarter net profits rose 26 percent to 1.47 billion euros, or $1.77 billion at average exchange.
— Nov 4, 2005

Arden Earnings Narrow

Citing a higher number of returns as well as weaker sales in key markets, Elizabeth Arden Inc. reported a decline in earnings on more robust total sales for the first quarter.
— Nov 4, 2005

Travel Retail's Credo: Give the World a Brand

Poised on a new era of growth, the travel-retail industry is trying to redefine itself, said attendees at the Tax Free World Association show.
— Nov 4, 2005

Pantene Targets Breakage, Frizz

Procter & Gamble is adding three collections to its Pantene Pro-V hair care brand, as well as several line extensions to existing collections.
— Nov 4, 2005

Revlon Narrows Third-Qtr. Loss

Revlon unveiled two initiatives meant to reinvent how women shop for cosmetics: an overhaul of Almay, and Vital Radiance, for women over 50.
— Nov 4, 2005

Revlon's Growth Spurt Includes New Brand

Revlon unveiled two initiatives meant to reinvent how women shop for cosmetics: an overhaul of Almay, and Vital Radiance, for women over 50.
— Nov 4, 2005

Memo Pad: Sizing Up The Source ... Vino, Veritas ... Trauma Ward ...

Is Shawn "Jay-Z" Carter looking to follow former partner Damon Dash into the magazine business?
— Nov 4, 2005

Adidas Ups Annual Guidance

Adidas raised its earnings and sales forecast for 2005, citing a surge in the U.S. and strong orders in the run-up to next year's soccer World Cup.
— Nov 4, 2005

Strong Brand Performance Propels Warnaco Earnings

Third-quarter net profits at Warnaco Group Inc. more than quadrupled and easily surpassed analysts' estimates.
— Nov 4, 2005

October Comps Surprise

Retailers across all channels got the sales bump they needed in October, making the month one of the best for same-store sales this year.
— Nov 4, 2005

Sara Lee Profits Fall on Charges

Sara Lee Corp.'s earnings plummeted in the first quarter of fiscal 2006, mostly due to a 22-cent-per-share charge for the impairment of goodwill, intangibles and property in the European Branded Apparel and U.S. Retail Coffee businesses.
— Nov 4, 2005

Candle In The Wind

It was a fashion royal turnout at "Enduring Vision," a benefit for the Elton John AIDS Foundation at Cipriani Wall Street on Wednesday night.
— Nov 4, 2005

Eye Scoops: The Prince in Pictures ... Winter Warm-Up

Prince Hubertus von Hohenlohe calls himself his "own paparazzo."
— Nov 4, 2005

Center Stage

For all its grace and beauty, ballet attracts its share of drama queens, which is what provoked filmmakers Dayna Goldfine and Dan Geller to create their documentary on the inimitable Ballets Russes.
— Nov 4, 2005

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