22 August, 2008 | by Robert Cordero

BoF Daily Digest | CVS beauty, Gap’s progress, J. Crew goes upscale, Sultans of style

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Moving Into Prestige: CVS Set to Roll Out Luxury Beauty Units (WWD)
The drug store chain CVS plans to open high-end beauty stores called Beauty 360.

Gap Profits Up on Cost-Cutting (WWD)
With Q2 earnings up, Gap shows some progress.

Retailing icon Mickey Drexler doubles down (Fortune)
According to J. Crew CEO, Mickey Drexler, this is the worst retail environment in 40 years, and therefore, he plans to take the company upscale.

Meet the sultans of style (Fortune)
Fortune rounds up the moguls who are shaping the luxury industry.

Beauty 360 rendering, courtesy of WWD.


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