Category: News

News

Avon Makes its “mark” by Tapping into the Youth Market

NEW YORK, Mar 30, 2003 /FW/ — Ding Dong! If the young woman knocking at your door is a teen-ager or young adult, don’t be surprised. Avon, the world’s leading direct seller of beauty and related products is finally tapping in the booming youth market. Last Friday, at a meeting …
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Levi’s Reports Declining Sales for First Quarter

NEW YORK, Mar 26, 2003/ — The weak economies in the U.S. and Europe coupled with slow retail environments took its toll on giant jeans manufacturer Levi Strauss. In a financial report released yesterday, the company reported a decline of 6% for the first quarter of 2003, from $935 million …
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Madonna’s American Life CD Set for Release April 22nd

LOS ANGELES, Mar 12, 2003 /FW/ — A new Madonna album, American Life, has been set for a worldwide release on April 22nd, it was announced today by Warner Bros. Records. The enduring icon’s first new collection of original material since 2000’s multi-platinum smash Music, American Life is being hailed …
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Shake Up At Scherrer: Beri Is Out

PARIS, Jan 22, 2003/  — Following the recent and sudden departure of CEO and founder Mounir Moufarrige from France Luxury Group, the miniature luxury group has announced the departure of Scherrer ready-to-wear designer Ritu Beri. The Indian-born Beri, 31, has designed two pret-a-porter collections for the French house, to generally …
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Loro Piana Churns Out Luxury In An Economic Slump

MILAN, Jan 18, 2003/  — Turning up a well-bred nose to the disagreeable economy, Loro Piana continues to churn out its exclusive luxury goods for fall. The Italian cashmere specialist, who recently morphed from one of the world’s premiere high-end textile manufacturers to a full-fledged brand name with its own …
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Levi’s Profits Drop Again

NEW YORK, Jan 18, 2003/ — Despite a drop in fourth quarter profits, jeans maker Levi Strauss & Co. reported Monday that the company is happily riding the waves of its foray into updated looks and trends. Citing such new products as low-rise jeans and khaki pants treated with a …
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Levi’s Launches Type 1 Jeans

World’s Most ‘Valuable’ Pair Of Jeans Created To Celebrate Launch Of Levi’s® Type 1™ Jeans DALLAS, Jan 6, 2003/ FW/ — Levi’s® Jeans announced the creation of the world’s most valuable pair of jeans to celebrate the launch of Levi’s® Type 1™ Jeans. The one-of-a-kind pair of jeans (a Levi’s …
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Dr. Martens Seeks Chinese Cure

PARIS, Oct 29, 2002/ — They may have been worn by Pope John Paul II — in angelic white — but that hasn’t been enough exposure to stop Dr. Martens and its iconic ‘bovver’ boots from facing losses of around $31 million a year. In response to these lagging numbers, …