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WWD 07/26/2007

French Twist: Nordstrom Sells Faconnable to M1 Group for $210M

Nordstrom Inc. has agreed to sell Façonnable for $210 million to the M1 Group, a diversified family-owned company based in Beirut, Lebanon, that's seeking to build a portfolio of luxury and fashion brands.

Nordstrom Sells Faconnable to M1 Group for $210M

Nordstrom Inc. has agreed to sell Faconnable for $210 million to the M1 Group, a diversified family-owned company based in Beirut, Lebanon, that's seeking...

— Jul 26, 2007

Living La Vida Luca

Luca Luca's Luca Orlandi reflects back on 15 years, with one very big blowout bash.

— Jul 26, 2007

Bag Lunch

Though many have deserted New York City for the summer holidays, those left behind were treated to a taste of the Italian Riviera Wednesday afternoon, courtesy of Fendi.

— Jul 26, 2007

Indie Spirit

Most actresses spend their days pounding the pavement looking for work, but not Juliette Lewis.

— Jul 26, 2007

Lady In Waiting

It's no surprise New York native Lily Rabe was bitten by the acting bug given the 24-year-old's parents are playwright David Rabe and actress Jill Clayburgh.

— Jul 26, 2007

Jay-Z Sparks Rocawear's Growth

Shawn "Jay-Z" Carter is out to win.

— Jul 26, 2007

Diesel Plans Megastores, Increasing Brand Exposure

Diesel has secured one of Milan's premiere locations for a megastore planned to open in the first half of 2008, the first of five new concept stores around the world.

— Jul 26, 2007

Bergdorf Hits $500M in Annual Sales

Bergdorf Goodman reached a major milestone July 19 at noon. The luxury emporium cracked $500 million in annual sales for the first time.

— Jul 26, 2007

2 Japanese Retailers Eye Merger

Reflecting a major shake-up going on in the Japanese department store sector, Mitsukoshi, the fourth largest, has begun talks with Isetan, the fifth largest, to form a capital tie-up that could lead to a merger or management integration, according to...

— Jul 26, 2007

Levi's Sues A&F Over Trademark

In the second such lawsuit filed against a competitor this month, Levi Strauss & Co. alleged that the jeans manufacturer's trademarked back-pocket stitching is being illegally copied by Abercrombie & Fitch.

— Jul 26, 2007

U.S. Seeking Broader Scope for Doha Plan

The U.S. said Wednesday that a draft proposal in the Doha Round of global trade talks to lower tariffs on industrial goods was not far-reaching enough in opening markets and called for steeper cuts by emerging economies.

— Jul 26, 2007

Stock Options Boost Pay

Hefty stock and option awards boosted the pay packages of major retail executives last year, with total compensation of the top 10 reaching more than $198.7 million in 2006.

— Jul 26, 2007

Fed Report on Spending Mixed

Consumer spending grew modestly last month and early this month, although several regions of the country reported that sales were mixed or below expectations, according to the Federal Reserve Board Beige Book report.

— Jul 26, 2007

Beauty Beat: Dermalogica Sets Launches, Improved Formulas... Inter Parfums Inc. Sales Hit $82.8M... Britain Ad Watchdog Targets L'Oreal...

Dermalogica is out to improve the performance of its products with new formulas from a churning product pipeline.

— Jul 26, 2007

In Brief: China Move... Brown-RISD...

The NPD Group will begin tracking sales of prestige fragrance, makeup and skin care products in Chinese department stores, according to the firm.

— Jul 26, 2007

Vevers Tapped As Designer at Loewe

LVMH Moet Hennessy Louis Vuitton is preparing to rev up Loewe, the 160-year-old Spanish brand known for its leather goods.

— Jul 26, 2007

Currency Issues, Japan Weigh on Hermes Revenues

Crunched by the high value of the euro and tepid business in Japan, Hermes International on Wednesday revised full-year revenue forecasts as it reported sales in the second quarter rose a weaker-than-expected 4.7 percent.

— Jul 26, 2007

Nolan Gets Into High Gear

Charles Nolan is getting ready for the race, though this time it has nothing to do with presidential debates.

— Jul 26, 2007

Memo Pad: Old News... Short Stint... To the Rescue...

In just a few short weeks, Lindsay Lohan will be on the September covers of Maxim and Elle - and while the timing couldn't be better for Maxim, some argue Elle might not share the same fate.

— Jul 26, 2007

Where the Money Is

Retail industry executives ranked by the values of their annual compensation packages in 2006.

— Jul 26, 2007

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WWD 07/26/2007

WWD 07/26/2007

French Twist: Nordstrom Sells Faconnable to M1 Group for $210M

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