Word: gucci
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...Posh says she's ready to have a baby--if Gucci makes maternity wear...
DIED. DAWN STEEL, 51, brash, market-savvy studio chief; of a brain tumor; in Los Angeles. In her merchandising days at Penthouse, Steel learned to recognize a hot product, whether it was a phallic amaryllis plant, Gucci-labeled toilet paper (her own invention) or, later at Paramount, a movie like Flashdance or Top Gun. She was fired while giving birth to her daughter, but rebounded in true celluloid style, becoming the first woman to head a major studio: Columbia Pictures...
...death of a fashion innovator does not necessarily spell doom for the company that bears his or her name. The fashion houses founded by Coco Chanel and Guccio Gucci, for example, continue to thrive long after their founders' passing. Yet such was the force of Gianni Versace's personality, life-style and flair for publicity, that the question of succession is more pertinent than ever: Without Versace, can his empire survive...
...younger, at 27--to guide the fortunes of Givenchy. At Louis Vuitton, a maker of fancy luggage and handbags that dates to 1854, he has hired an American, the young sportswear designer Marc Jacobs, to create a line of bags and sportswear to take on the chic of Gucci and Prada. Jacobs should give Vuitton a high and profitable fashion profile--what he was hired to do--stepping into a company whose business is up 54% since it became part of LVMH. Last week Jacobs showed his own line of American classics with lots of cashmere and flannel--a sort...
...action--any more. Instead, Christmas is going to be particularly merry for Sears, in what is turning out to be a gratifying season for retailers of all stripes. Mail-order companies such as Lands' End and L.L. Bean are running out of inventory. Snootier luxury sellers such as Gucci and Prada are having to ration their high-priced goods...