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Monday, October 16, 2006 TODAY'S TOP STORIES Consumer Debt Raises Retail Concern American consumers are racking up debt at an increasing rate, and retailers at all price points could soon start to feel the pinch. Rosso Adds Italian Maker to Portfolio Diesel chief Renzo Rosso last week reprised his acquisition of Staff International six years ago by taking control of the Italian high-end clothing manufacturer Pier SpA. Aeropostale Downgraded on Forecasts Extensive discounts may have driven back-to-school sales at Aeropostale, but analysts are skeptical continued promotions will equal success for the holidays. _________________________________________________ JOB OF THE DAY Menswear Designer NY better sportswear brand needs a senior designer to contribute to existing design team currently working on full menswear collection, including: knits and wovens, denim and non-denim bottoms as well as outerwear and sweaters. Great opportunity for the right talent! Salary to $90k. Apply at wwd@24seveninc.com _________________________________________________ WWD REAL ESTATE REVIEW Diamond District's Ivory Tower A developer shakes up the landscape ? and a way of life ? on West 47th Street. Where Shopping Meets Science The Twenty Ninth Street development officially opened Friday on 62 acres in the heart of this city, delivering a new hybrid format. Warehouse Clubs Aim for Frugal and Fancy Warehouse clubs, not content to sell bulk toilet paper and giant bottles of ketchup, are trying to reinvent themselves as destinations both for wholesale bargains and luxury products. On The Road With: Serene in Seattle: Retail Enclave Resists Chains Here in the well-to-do Madison Park neighborhood, which slopes gently down to Lake Washington, it's rare when retail space becomes available. Betting on Macao as a Gateway to Asia Macao Special Administration Region of the People's Republic of China isn't the most enticing name for a retail and gaming mecca. SoHo on the Uptick With a Foreign Accent Just two years ago, the prognosis for retailing in SoHo seemed uncertain. Forbes' Formula for Branding the Mall It's not every day or even every year that developer Nathan Forbes, managing partner of The Forbes Co., breaks new ground. FINANCIAL WWD Stock Index Surges Despite a brief uptick in oil, which jumped to more than $59 a barrel Friday. Consumer Spending Rises in September Consumers were more willing to spend in September, driving sales up a seasonally adjusted 3 percent at apparel and accessories stores. _________________________________________________ WWD.com Get instant access to everything you need to know about the fashion and retailing business. Subscribe to the online home of Women's Wear Daily and get all the day's news as well as up-to-the-minute breaking news, web exclusives, complete classified listings and more. http://www.wwd.com/subscribe _________________________________________________ EYE RETAIL American Rag Raises Flag for Denim American Rag Cie, the Los Angeles-based retailer known for its eclectic mix of vintage and hip designer apparel, has launched a 13,500-square-foot flagship at the open-air Fashion Island shopping center in Newport Beach, Calif. _________________________________________________ Only A Few Spots Left! WWD/DNR CEO Summit: Nov 1-3, Ritz Carlton, NYC : Where CEOs Do Business. Don't get shut out of the apparel event of the year. Join Terry Lundgren, Donatella Versace, Steven Sadove, Maureen Chiquet, Ross Levinsohn, Elie Tahari and more than 150 apparel CEOs for two days of thought leadership, high-powered networking and practical intelligence that will move your business forward. Email ceoapparel@fairchildpub.com for program details. _________________________________________________ FASHION Fashion Scoops: Roll Away... Celebs on Tap... Rock Talk... Dean and Davis Factor and Michael Baruch hosted a pre-Los Angeles Fashion Week dinner for 100 Thursday night at Mr. Chow in Beverly Hills. ACCESSORIES REPORT Afsoun Mixes Art and Commerce It's been quite a year for the art world, with paintings being sold for eight-figure sums, and Sara Benda is getting in on the game with her own twist. Leather Goods Exports Boost Mipel The appetite for Italian leather goods is not slowing down, with Asia, Russia and the Middle East continuing to drive imports. Findings: Eyes for Balenciaga... Architect of Time Winking at an eyewear launch, Balenciaga outfitted every model at its spring show in Paris this month in shades. INNERWEAR REPORT Trio of Designer Brands Courts U.S. Three up-and-coming brands of lingerie and corsetry from diverse backgrounds are hoping to break into the U.S. market. CHILDREN'S WEAR REPORT Best & Co. Takes the Collaborative Route Partnerships like Isaac Mizrahi for Target, Frank Gehry for Tiffany & Co., and Adriano Goldschmied for Evisu have become quite the trend, and now high-end children's wear firm Best & Co. is joining in. GENERAL In Brief: Wagner Named At Cole Haan... Schulman Tapped At Kenneth Cole Cole Haan, a subsidiary of Nike Inc., has appointed Lori Wagner its first chief marketing officer. Scaasi Fete Takes a Trip Down Memory Lane Leaving Arnold Scaasi speechless is no easy task, but the designer's friends and admirers probably came as close as they ever will Wednesday night at a party in his honor. Sander Says Ciao to Rome Jil Sander is boosting its profile in Italy as part of a larger-scale project to reposition and expand its retail network. Fire at Town House of Coach's Krakoff Coach president and executive creative director Reed Krakoff's East 70th Street town house went up in flames on Friday. In the Wings Monsters Are Waiting, the buzzed-about band from Echo Park, is riding a wave of momentum from its debut album, "Fascination." Child's Progress In the name of their work, independent filmmakers Heidi Ewing and Rachel Grady have spent most of the last few years surrounded by kids. Fernando Sanchez's Celebratory Party The late Fernando Sanchez got what he wanted to celebrate his life and 53 years in the world of fashion. Author: Too Many Choices Can Overwhelm Shoppers Are the many choices offered to consumers becoming detrimental to the health of a retailer's business? Analyst Sees Benefits in Retail Real Estate While the retail real estate sector has been left on the sidelines for a few years, its stability makes it a sound investment. LEGAL Legal Briefs Louis Vuitton Malletier has won a consent decree for a permanent injunction against a Chinatown business in a lawsuit in Manhattan federal court. BEAUTY REPORT Beauty Beat: Fragranze Fair Broadens Its Appeal Niche fragrance fair Fragranze wooed the public for the first time at its fourth edition last month, while the selective fragrance industry in Italy continues to enjoy slow and steady growth. MEDIA/ADVERTISING Memo Pad: Rock Bottom... Show Me the Money... Pack Light New York Times fashion critic Cathy Horyn wrote of the Nicole Miller show that she "was sure she had witnessed the absolute rock bottom of American fashion. | |||||||||||||||||
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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 10/16/2006 12:12:25 AM
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