Thursday, August 31, 2006

[Fashion Design] WWD Headlines

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Monday, August 21, 2006
TODAY'S TOP STORIES
Taking the 'It' Out of Top Items
Accessories are still fashion's driving force, but the "It" bag just isn't it anymore, although no one is predicting sales in the category will slow.
Iconix Wins London Fog Auction
The London Fog brand was sold in a Las Vegas bankruptcy court auction Friday to Iconix Brand Group.
Ann Taylor Beats Estimates in Qtr
AnnTaylor Stores Corp. had a good second quarter, posting results that beat Wall Street consensus estimates for earnings per share by 14 cents

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GENERAL
Foot Locker Taps Evercore as Adviser
Foot Locker Inc. confirmed on a conference call that it has hired Evercore Partners Inc. as an adviser "on a range of matters."
In Brief: Going to Jem... Lifestyle Appointments
Andrei Najjar, who helped transform Target's junior knit top and T-shirt business into one of the hippest in the mass arena, has joined JEM Sportswear, a Los Angeles-based knit top manufacturer, as senior vice president of men's and boys'.
Coming This Week
Perry Ellis International reports second-quarter sales and earnings.
Beauty Beat: Viva Glam's New Roster... BAA Seeks Solutions to Duty Free Woes
MAC Cosmetics has tapped a new constellation of provocative personalities.
Neiman Marcus Relaunches Home Collection on Web
Neimanmarcus.com has relaunched its home business as Designer Galleries, giving each brand its own online shop. It's similar to the online presentation Neiman's gives the designers and their ready-to-wear collections.
Gen Art Sets Lineup For Fresh Faces Show
Gen Art will present its Fresh Faces in Fashion Show, now in its 12th year, here on Sept. 8, featuring 12 up-and-comers in women's wear, men's wear and accessories design.

FINANCIAL
Martin Sells Majority of Stake in Saks
R. Brad Martin, who relinquished his duties as chief executive of Saks Inc. last January but remains chairman, has further reduced his involvement by selling off most of his stake in the retailer.
Wet Seal Back to Profitability With $4.4M Net Gain
The Wet Seal Inc. reported second-quarter earnings of $4.4 million, or 4 cents a diluted share, compared with a loss of $35 million, or 87 cents, last year.
WWD stock Index Vaults 2.2.%
Stocks continued their rally last week as investors shrugged off concerns over consumer spending.

RETAIL
Coach's Legacy Gets Own Space
Coach is unveiling in-store shops in its own stores for its Legacy accessories line inspired by Bonnie Cashin's work for the brand in the Sixties.
Tory Burch Opens L.A. Boutique
Tory Burch has boosted her presence in Southern California with the opening of a store in Orange County's South Coast Plaza.
Adidas Double Play: To Unveil Adilibria, Fuse
Adidas is expanding its women's training category with two new lines.

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WWD100
The big names score once again in this, the ninth annual WWD100 survey of consumer brand awareness. Check out the fashion and accessories names women know best.
http://www.wwd.com/wwd/wwd100
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FASHION
Melillo Sets Signature Men's Collection
Tony Melillo is going solo again.
Fashion Schoops: N.Y. Hearts Kate... Fit for a Princess
Once upon a time, New Yorkers liked to graffiti Calvin Klein bills featuring Kate Moss with the words "Feed me."

INNERWEAR REPORT
Spring Brings Air of Sophistication
Ready-to-wear's influence on lingerie, particularly in fashion colors and prints, was prevalent in the top-booking styles at this month's spring market.

MEDIA/ADVERTISING
Memo Pad: Too Much Titillation... Bearskin Adventure... Interactive Runway... Piling on Accessories... Black Art.
While the gap between Maxim and a strip club might not seem that much of a leap, Dennis Publishing thinks it is.

EYE
Eye: Square Peg... Boca Grande... Golden Girls
In the new film "Factotum," Lili Taylor plays Jan, a run-down alcoholic who is hopelessly devoted to her writer boyfriend Hank, played by Matt Dillon.

Note: Full text of the articles contained in this email is available only to subscribers.
To subscribe go to WWD online: www.pubservice.com/fcarchive.aspx?PC=WO&PK=454NEWS



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Posted by Hong Xiaowan to Fashion Design at 8/21/2006 12:09:48 AM

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