Word: dior
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...Americans really ready to give up their Dior gowns to protest French policy on Iraq? The answer mostly seems to be non. Women's Wear Daily reports no drop-off in sales of luxury French designers like Chanel at New York City department stores. The town of Paris, Texas, which proudly displays its French connection, left, is not changing its name. And IHOP says anti-French fervor has not hurt its new breakfast-menu item, Stuffed French Toast. "French toast really has nothing to do with France," notes an IHOP spokesman. "This has been our most successful new product...
Roberto Cavalli isn't the only fashion company doing well in a shaky economy. Coach, Burberry, Christian Dior, Dolce & Gabbana, Zara and Yves Saint Laurent are all selling well. So what's the magic formula for getting customers in the door in dire times...
...brand doesn't expect to be profitable until 2005, but sales climbed 44% in 2002 to 1146 million. Christian Dior says it has its accessories - specifically, the 125 different models of its popular saddle bag - to thank for its 41% sales gain last year. Analysts think Burberry stock is a bargain because the brand is less developed than its peers...
TEEN SPIRIT Left to right: Black tank top by Hugo Boss; black leather vest by Burberry; chiffon dress by Christian Dior...
...when by any measure it shouldn't. It's excessive in a time of frugality. It's celebratory when war looms. How can CEOs defend hand embroidery and expensive models to shareholders? Quite easily, it seems. Days before its January show featuring models swamped in giant brocade kimonos, Christian Dior announced sales were up 50%. Not of kimonos but of shoes and bags and sunglasses, bought by those wowed by the couture. And then there's Chanel, where the more wearable couture created by Karl Lagerfeld reportedly turns a profit. Women who pay more than $10,000 for a dress...