Snow Way PARIS — Snow Bunnies Who Like to Stay Warm While Looking Chic Will Be Delighted with This Season’S New Offerings
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BEAUCHAMP EXITS SUSAN DELL/2 JEWELRY SWOOSHES NET/8 Women’sWWD Wear Daily • The Retailers’MONDAY Daily Newspaper • March 17, 2003 Vol. 185, No. 54 $2.00 Accessories/Innerwear/Legwear Snow Way PARIS — Snow bunnies who like to stay warm while looking chic will be delighted with this season’s new offerings. Michael Kors, for example, created white minks, pink powder-puff chubbies and checkerboard furs for Celine. Like those, many looks in his stylish collection — one of his best — also had a touch of the Sixties. Kors created some great accessories, too, among them a fur hat with pom-poms, shown here with an embroidered and sequined coat. For more on fall’s little extras, see pages 6 and 7. Small-Town Charmer: Boscov’s Bucks Trend Of Regional Meltdown By David Moin WYOMISSING, Pa. — For Boscov’s, thinking out of the box means putting more into it. Like homemade fudge at $4 a pound, $14 neck massagers, $20 insulated Thermos pump pots, or $7,000 Hitachi plasma TVs — indulgences that shoppers in the blue-collar Rust Belt don’t necessarily require, and in some cases yield low margins. They’re more apt to go for the H.I. Hummel figurines, or Hawaiian shirts. “What’s more fun than looking at See Boscov’s, Page20 PHOTO BY PHOTO GIOVANNI BY GIANNONI 2 Beauchamp Exits Susan Dell WWDMONDAY Accessories/Innerwear/Legwear By Eric Wilson gories such as wellness, home, food and wine, looking at what NEW YORK— Linda Beauchamp Beauchamp described as “what FASHION has resigned as president of is going to be the next step for the Fall runways saw an eclectic accessories mix, from space cases at Marc Susan Dell Inc. after three years new generation.” 6 Jacobs, Fendi and Versus, to chic styles at Oscar de la Renta and Ralph Lauren. to focus on her own consulting “I might be able to tap into company, Vision in Commerce, some of the instincts I have and which will take Susan Dell on as work on a broader base,” Beau- GENERAL its first client. champ said. “But Susan is still my Regional department store chain Boscov’s is under assault from Wal-Mart, Target, Kohl’s and a host of others. Here’s how it plans to stay vital. WWD, MONDAY, MARCH 17, 2003 WWD, MONDAY, Beauchamp, a former presi- top priority right now and I have a 1 dent of men’s wear at Donna noncompete clause with anybody The current economy and war fears aside, forecasters are worried about a Karan and DKNY, joined Susan else in the fashion business.” 2 longer-lasting downturn, and say it was in motion well before Sept. 11. Dell to help turn the Texas design- Dell said the arrangement will er’s fledgling ready-to-wear busi- allow her to continue to work EYE: Rocking with Kiera Chaplin (as in Charlie’s granddaughter)…renovating ness into a nationally known fash- with Beauchamp, while allowing 4 with Amanda Ferragamo…plus Scoops. Susan Dell and Linda Beauchamp ion line, notable for more than her to develop new opportunities Obituaries................................................................................................23 Dell’s marital connection to one of for a replacement, she said. for herself. Dell has been design- Classified Advertisements ..................................................................22-23 ing for more than a decade, but the richest men in America, Dell “I think there are other things To e-mail reporters and editors at WWD, the address is Computer founder Michael Dell. in life right now that could be very expanded her scope with a full [email protected], using the individual's name. But as Dell’s business has quickly rewarding,” Beauchamp said. collection in 1999, when she developed with sales of close to $2 “Taking myself out of the day-to- opened her store in Austin. SUBSCRIPTION RATES U.S. and possessions, Retailer, daily one year, $99; Manufacturer, daily one year, $135. million — generated entirely day operations will give me a Beauchamp had also consult- All others U.S., daily one year $195. Canada/Mexico, daily one year, $295. All other foreign (Air Speed), daily one year $595. through trunk shows, a Web site broader point of view in terms of ed for other companies between Please allow 6-8 weeks for service to start. Individual subscription information: (800) 289-0273; outside U.S. (818) 487-4526; group subscription information (856) 786-0963. and Dell’s own store in Austin, being able to focus on areas that the time she left Donna Karan in Postmaster: Send address changes to WWD, P.O. Box 15008, North Hollywood, CA 91615-5008. Tex., — Beauchamp said she felt it are a little more lifestyle driven.” 1998, after seven years of building WWD (ISSN #0149-5380) is published daily except Saturdays, Sundays and holidays, with one additional was an appropriate time to ex- Beauchamp’s company, based the company’s men’s business, issue every month except July, and two additional issues in April and August, by Fairchild Publications, Inc. a subsidiary of Advance Publications Inc., 7 West 34th Street, New York, NY 10001-8191. plore other areas of her interest. in New York, will target brand and before that worked in retail WWD is a registered trademark of Fairchild Publications Inc.© 2003 by Fairchild Publications Inc., The company will be looking consulting for companies in cate- at Saks Fifth Avenue and Macy’s. a subsidiary of Advance Publications Inc. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying or recording, or by any information storage or retrieval system, except as may be expressly permitted in writing by the copyright owner. Editorial Reprints: (212) 221-9595 Periodicals postage paid at New York, NY and other offices. Mailed under Publications Mail Sales Agreement No. 517054. Canada Post Returns to: P.O.Box 1632, Windsor, ON N9A 7C9 GST # 88654-9096-RM 0001 Canada Publications Agreement # 40032712 Printed in the U.S.A. All signed articles published in the paper represent solely the individual opinion of the writer and not those of Stock Market Outlook: Bad to Worse WOMEN’S WEAR DAILY. For Web site access, log on to www.WWD.com By Vicki M. Young chasing it, during this cold, fright- nine regions of the country, with ening winter. Last month’s the Rocky Mountain and East NEW YORK — The equity mar- Consumer Confidence Index, North Central regions showing MONDAY: Material World, Miami Beach (through kets are braced for a tough 2003, provided by The Conference the biggest declines in February. Wednesday). regardless of what happens in Board, was the lowest in 10 years, Lynn Franco, director at the Ideacomo textile show, Cernobbio, Italy (through Middle Eastern deserts or South dropping 14.8 points to a lower- Conference Board, said in a state- Wednesday). American oil fields. than-expected 64, the worst ment, “Job worries, rising energy At the forefront, of course, are showing since October 1993’s 60.5 costs and war fears have lowered TUESDAY: Fashion Week of the Americas, Miami concerns over the possibility of mark. This performance suggests confidence from the East Coast to Beach (through Saturday). war with Iraq, followed by con- continued pressure on retailers, the West Coast and in all areas in Charming Shoppes reports fourth-quarter results. cerns about North Korea. Other already deprived of top-line between.” The board noted that geopolitical issues, such as Ven- growth by a lackluster holiday job opportunities across America, WEDNESDAY: Nike’s third-quarter results. ezuela, have added to the run-up season and a winter stormy measured by the Help-Wanted in energy costs, which in turn enough to keep weekend shop- Index, have also dwindled. THURSDAY: Wet Seal’s fourth quarter. has depressed consumer spend- pers away from the malls. Richard Hastings, chief econ- Mipel leather goods show, Milan (through Sunday). ing on discretionary items. As re- Even when the weather im- omist for Cyber Business Credit, ported, Salomon Smith Barney proves in colder regions of the said, “The economy is headed FRIDAY: The Labor Department reports on the estimates that a 1 cent increase U.S., consumer attitudes might down. We are marching toward Consumer Price Index. in the price of gasoline trans- not: The Expectations compo- a bad intersection. The prob- International Vision Expo East, New York (through lates into a $1 billion decrease in nent of the confidence index fell lems, however, have little to do Sunday). retail spending. 15.5 points to 65.6 in February. with Iraq. All of the problems COMING THIS WEEK Consumers already have indi- The Conference Board noted were in place prior to [the] Sept. SATURDAY: StyleMax show, Chicago (through March 25). cated that they’re feeling the earlier this month that consumer 11 [terrorist attacks].” heat, or at least the cost of pur- confidence has tumbled in all Continued on page 19 Wholesale Apparel Prices Dip Again In Brief G DAS HOURS: The German parliament approved an amendment, By Kristi Ellis ducers are having to slash prices are primarily being impacted by effective June 1, allowing stores to stay open until 8 p.m. Saturdays, to hold on to market share.” fierce competition and imports. as opposed to 6 p.m. on the first Saturday of the month, and 4 p.m. WASHINGTON — The deflation- He said companies will con- “Domestic apparel producers otherwise. Weekday closing time remains 8 p.m., except for stores in ary cycle continued in February, tinue to feel the squeeze on are really feeling the pinch,” he railway stations and special tourist zones. Sunday openings remain as wholesale prices for domesti- margins due to unused capacity said.