TIFFANY’S NEW BABY/2 ESTEE LAUDER’S LATEST FACE/5 Women’s Wear Daily • The Retailers’ Daily Newspaper • March 14, 2003 Vol. 185, No. 53 $2.00 Liya WWDFRIDAY Kebede Beauty The Great White Way PARIS — Sephora will roll out a new retail format in early May, offering heightened levels of service, from skin care to nail care. The new 9,150-square-foot store is located in the former Samaritaine department store on the Rue de Rivoli. For more, see story on page 4. Revlon’s Deeper Red: Firm Posts 17th Straight Quarterly Loss By Evan Clark fourth quarter widened more than Investors were none too pleased and NEW YORK — Revlon Inc.’s customers sixfold to $179.4 million, or $3.44 a traded shares of the cosmetics firm might look radiant in red, but the share. This compared with the year- down 18 cents, or 6.3 percent, to color doesn’t become its financial ago deficit of $28.3 million, or 54 cents. close at $2.70 Thursday on the New statements. The quarterly loss extends Revlon’s York Stock Exchange. The beauty firm’s net losses for the losing streak to 17 in a row. See Revlon’s, Page 6 RENDERING PROVIDED SEPHORA BY 2 Tiffany Takes Stake in Jeweler WWDFRIDAY By Marc Karimzadeh where there is an opportunity to Beauty grow and evolve it from a whole- NEW YORK — Branching out be- sale business into retailing. GENERAL yond its signature chain, Tiffany That’s the expertise we can Revlon Inc.’s net losses for the fourth quarter widened more than sixfold to & Co. said Thursday it has in- bring to her.” $179.4 million, extending its losing streak to 17 quarters in a row. vested in New York-based jewel- Temple St. Clair is scheduled 1 ry firm Temple St. Clair to help to open its first unit, a 750- Sephora will unveil its next-generation concept store this May, in the last of it launch a retail business. square-foot boutique at the 4 several recent changes for the chain, which could be primping to be sold. The investment was made South Coast Plaza mall in Costa WWD, FRIDAY, MARCH 14, 2003 WWD, FRIDAY, E-tailers fighting an effort to collect Internet sales taxes issued a study through East Pond Holdings, a Mesa, Calif. The plan is to follow subsidiary of Tiffany & Co., this with a second unit on the 2 claiming states would glean little money if such a system is created. which handles investments in East Coast, though no details Skechers USA filed a counter-lawsuit against Britney Spears and her non-Tiffany activities. Tiffany’s were available. 3 companies alleging fraud and breach of contract. Temple St. Clair investment will As for whether the line will be handled by the Fifth Avenue also be distributed at Tiffany, Branching beyond its signature chain, Tiffany & Co. said it has invested in jeweler’s specialty retail divi- the spokeswoman said, “We are 2 jewelry firm Temple St. Clair to help it launch a retail business. sion, which was started last year very pleased with our three SUZY: James/Jamie King’s latest adventures…Who’s not going to the with the completion of the ac- name designers — Jean 16 Oscars and why…What do men talk about when women are not around? quisition of Little Switzerland, An 18-karat gold, yellow sapphire Schlumberger, Paloma Picasso the specialty retailer with 17 and diamond ring by Temple St. Clair. and Elsa Peretti — and Temple Classified Advertisements........................................................................15 luxury boutiques on five Carib- served effectively by the Tiffany will not be added to the roster.” To e-mail reporters and editors at WWD, the address is bean islands and in Alaska. & Co. brand,” said a Tiffany With more than 20 years of de- [email protected], using the individual's name. In addition, Tiffany’s busi- spokeswoman, who declined to sign experience, designer Tem- ness development division will disclose the size of its stake. ple St. Clair Carr’s jewelry is in- SUBSCRIPTION RATES U.S. and possessions, Retailer, daily one year, $99; Manufacturer, daily one year, $135. provide consulting services to “We have been aware and spired by her years of studying in All others U.S., daily one year $195. Canada/Mexico, daily one year, $295. All other foreign (Air Speed), daily one year $595. Temple St. Clair LLC, which was known Temple St. Clair for sev- Florence, Italy, and travels to Please allow 6-8 weeks for service to start. Individual subscription information: (800) 289-0273; formed this week to incorporate eral years and followed her Turkey and India, using 18-karat outside U.S. (818) 487-4526; group subscription information (856) 786-0963. Postmaster: Send address changes to WWD, P.O. Box 15008, North Hollywood, CA 91615-5008. the retail channel. work,” the spokeswoman said. yellow gold and platinum and WWD (ISSN #0149-5380) is published daily except Saturdays, Sundays and holidays, with one additional “These are opportunities in “She is a very talented designer cabochon-cut facetted stones like issue every month except July, and two additional issues in April and August, by Fairchild Publications, Inc. certain sectors that cannot be at the point of her business Continued on page 11 a subsidiary of Advance Publications Inc., 7 West 34th Street, New York, NY 10001-8191. WWD is a registered trademark of Fairchild Publications Inc.© 2003 by Fairchild Publications Inc., 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 Armani Does His Own L.A. Walk 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 LOS ANGELES — Another Von Furstenberg on Saturday Rodeo Drive. Said a spokes- WOMEN’S WEAR DAILY. Oscar event bites the dust. afternoon, followed by Vanity woman: “There’s a courtyard For Web site access, log on to www.WWD.com With Giorgio Armani’s offi- Fair’s Sunday night Oscar bash there, so at least guests will be cial statement Thursday that he at Morton’s in West Hollywood. able to smoke.” has canceled his Oscar week A source close to the Armani At press time, a new date for trip to Los Angeles following the camp said recently that it was a the Walk of Style event had not postponement of the Rodeo surprise the designer had any been set. Armani is to be the In Brief Drive Walk of Style event, Vanity intention of coming to the U.S. first inductee on the sidewalk Fair announced it, too, will in the first place, since he has tribute, created by the Rodeo ● POINT OF REFERENCE: The precarious state of the junior move its post-ceremony dinner expressed concerns about fly- Drive Committee and the city of business has one chain fighting to stay relevant. Since filing for — set to honor Armani and di- ing here since Sept. 11. Beverly Hills to honor distin- Chapter 11 bankruptcy protection in January, Los Angeles-based rector Martin Scorcese and Despite his absence during guished designers and style leg- Reference Clothing Inc. has been forced by the court to close hosted by the magazine’s editor the coming week, however, the ends for their contributions in two of its 23 stores primarily located on the West Coast. One in chief Graydon Carter — to co- company will continue to host the ever-merging worlds of store at the Boulevard Mall in Las Vegas and another at the Del incide with the induction. the book launch party for People fashion and entertainment. Amo Fashion Plaza in Torrance, Calif., shuttered in February. A Vanity Fair spokeswoman columnist Steven Cojocaru’s re- Honorees will be recognized According to court papers, the chain filed the “emergency” peti- confirmed that other than the lease, “Red Carpet Diaries: with a brass plaque engraved tion to avoid closing a third location at Northridge (Calif.) Mall. dinner cancellation, which Confessions of a Glamour Boy,” with the signature and a quote Stores at Paseo Colorado in Pasadena, Calif., and at The Grove would have taken place at Mr. on March 20 at Emporio from the inductee, as well as a in Los Angeles remain open. Company owner and president, Chow in Beverly Hills for 100 Armani in Beverly Hills. The maquette modeled after the Young On, could not be reached for comment. Ian S. Landsberg, guests, Carter’s other plans for event, though, has been moved Robert Graham-sculpted 14- On’s attorney, also did not return phone calls. According to court the week remain in place. As per from the Brighton Way space, foot statue, “Torso”, which also documents, a partial list of the largest claims against Reference annual tradition, Carter will be still under construction, which be unveiled when the ceremony totals $3.5 million while the company’s assets are estimated to at the picnic held at the Malibu is listed on the invitations to the takes place. be in the $1 million to $10 million range. Reference, like Los home of Barry Diller and Diane temporary door at 443 North — Rose Apodaca Jones Angeles-based Forever 21 and Sweden’s Hennes & Mauritz, is a cheap-chic emporium, with trendy, disposable fashion at prices ranging from $22 to $100.