November 10, 1989 |
The saga of Giorgio Beverly Hills perfume, arguably the most successful fragrance of the decade, goes on. From the beginning, the tale has been almost too schmaltzy to be true, the type that soap operas are built on. It's a story with a beginning but no end, told so many times already that even its star players refuse to talk about it anymore.
April 1, 1988 |
It isn't over yet. Not after 10 years of opulence and excess, lawsuits and mudslides, novels, news accounts and TV miniseries. And a painfully public divorce, and the breakup of what was once the most glamorous business in all of Beverly Hills. Giorgio, a true-life page turner, picks up the pace this week.
April 23, 1989 |
NOT SURPRISINGLY, in a year that has ushered in such '60s looks as the flip and pale lipstick, the newest trend in eye makeup also recalls the mod decade. Black eyeliner--actually, an '80s interpretation of the trademark look of Diana Ross and models Jean Shrimpton and Twiggy--is back. But this time, it didn't start with fashion trend-setters. It started in the streets. Credit kids who were intrigued by the looks that their moms wore in the Summer of Love. Or the way Cher appeared on early album covers with Sonny.
May 19, 1987
The price Avon will pay Fred and Gale Hayman for Giorgio was negotiated downward to $165 million from the $185 million in cash announced in early April. Fred Hayman will buy back the Giorgio boutique and will run it as Giorgio Beverly Hills, the companies said. Giorgio President Michael Gould will remain in that position after the deal closes sometime this week.
June 16, 1989
Randall L. Herrel has been named chief financial officer of Quiksilver Inc., a Newport Beach sportswear company. A. Lawrence Crowe, who was previously chief financial officer of the company, will continue in the capacity of vice president, secretary and director. Previously, Herrel was executive vice president and chief financial officer of Gale Hayman Beverly Hills, a cosmetic wholesale/retail company. From 1983 to 1988 he was employed by Merle Norman Cosmetics and served as chief financial officer from 1986 to 1988.
October 2, 1988 |
RIGHT ABOUT NOW, just before the holiday shopping rush, the catalogue bombardment begins. But this year, catalogues will be filled with more than traditional gift items. Some of them will be offering makeup. According to Maxwell Sroge, a Chicago-based consultant to the direct-mail industry, mail-order sales in America amount to $50 billion a year, and the industry is still growing. "People don't have time to shop," Sroge explains.