Thursday, November 16, 2006

[Fashion Design] WWD Headlines

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Thursday, November 16, 2006
TODAY'S TOP STORIES
Limited Goes Global: $628M La Senza Deal Gives Firm New Shape
After years spent divesting assets, Leslie H. Wexner surprised Wall Street late Wednesday with the $628 million acquisition of Canadian lingerie retailer La Senza.
Versace Rolling Out More Hotels
Gianni Versace SpA and Australia-based real estate developer Sunland Group have inked a deal to roll out 14 Palazzo Versace resorts around the world over the next 15 to 30 years.
Banana Republic Inks Safilo Eyewear Deal
Banana Republic has signed a five-year deal with Italian eyewear manufacturer Safilo to produce a collection of prescription optical frames and sunglasses.

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FINANCIAL
Acquisition Weighs on Talbots Net
Despite robust sales, The Talbots Inc.'s third-quarter earnings were weighted by acquisition costs connected to its purchase of the J. Jill specialty chain in May.
Aeffe Buys 20 Percent Stake Back from Bank
Aeffe, which controls the Alberta Ferretti, Moschino and Pollini brands, said Wednesday it has bought back a 20 percent stake in the group from merchant bank San Paolo IMI. San Paolo bought the stake in Aeffe in 2000.
Ferre Helps Boost IT Holding Sales
A 40.4 percent increase in retail revenues at Gianfranco Ferre and a 45.9 percent hike in its accessories business helped IT Holding stay in the black and post double-digit growth in sales in the first nine months of the year.
Zumiez Sales Soar, Earnings Gain 29.3 Percent
Bolstered by a same-store sales gain of 10.7 percent and a total sales increase of 43.3 percent, Zumiez Inc. posted third-quarter earnings that climbed 29.3 percent.

FASHION
Fashion Scoops: Gucci Good Works... Fashion Thriller... Boss' Art Shindig
In another increasingly popular union of Hollywood, fashion and charity, Jennifer Connelly hung out in Gucci's Madison Avenue store Wednesday night to promote the Italian design house's campaign to benefit UNICEF.
Mango Sets Fashion Competition
While most fast-fashion retailers are scrambling to sign big-name designers, Mango is hoping to spot the talent a little earlier.
Dance Fever
As the rack of clothing was rolled into the Gerald Schoenfeld Theatre for this photo shoot, the six cast members from "A Chorus Line" were given just one rule: pick pieces they would wear to rehearse in.
Marc Jacobs 'Rises' to the Occasion at Ballet
Low-rise pants styles might be all the rage, but not for the ballet stars at the Opera Garnier who are keen to show off their assets.

THE BEAT
Hershberger Revamps Shagg
When Sally Hershberger walks into a room, it is like a storm hit.
Jordi Labanda: U.S. Bound
Artist and designer Jordi Labanda is bringing his contemporary sportswear collection to the U.S. for the first time.

RETAIL
Saks Makes Fresh Start in New Orleans
Looted and ravaged by fire, the Saks Fifth Avenue store here was a dark, dank shell when general manager Carolyn Elder assessed the damage after Hurricane Katrina.
Fifth Avenue Gets White and Black
New Yorkers have a new place to buy their black and white.

THE WWD LIST
Attention, Holiday Shoppers
The favorite department and discount store destinations for gift shopping this holiday season.

EYE
Stan by Me
Breaking up is hard to do, but a little Champagne always helps.
Burger King
Paul Dano's critically acclaimed performances in this year's "The King" and "Little Miss Sunshine" have established him as one of indie film's must-watch stars.

GENERAL
In Brief: Gap Inc. Exits... M&S and RFID
Two Old Navy executives, Susan Wayne, senior vice president of marketing, and Maureen Watson, vice president of merchandising for kids, are leaving the $6 billion, 900-unit Gap Inc. division.
She's the One
"Acting comes first," says singer-dancer Donna McKechnie, when asked what makes a great dancer.
Legal Momentum Fete Raises $1.2M
Legal Momentum's Equal Opportunity Awards Dinner Tuesday night was the organization's most successful ever, drawing 615 people to the Grand Hyatt here and raising $1.2 million for the cause.

TEXTILE & TRADE REPORT
Report Cites China, India As Top '05 Export Gainers
China and India reported the biggest gains in textiles and apparel exports in 2005, the first year in which global quotas were lifted, a World Trade Organization report said.

SPORTSWEAR
Merrell Expands Into Active
Merrell, the outdoor shoe brand that is a more common sight on the hiking trail than the runway, is jumping into the increasingly competitive active apparel market.

BEAUTY REPORT
Beauty Beat: Aveda Opening 2nd Japan flagship... L'Oreal Taps de Burgerolle for SkinEthic Post
Aveda will raise its flag in western Japan Friday when it opens its second flagship in the country in the heart of this city's rich luxury shopping district.

MEDIA/ADVERTISING
Memo Pad: Not Just A Building... Langmead Leaving Wallpaper... Tuned Out...
Real estate advertisements are usually so unexciting, they are given back-of-the-book placement in most magazines.

DENIM REPORT
Armani Jeans: 25 and More
Armani Jeans celebrated its 25th anniversary this year by laying the groundwork for a global expansion aimed at ensuring the brand will reach many more milestones.
Seven Bows Web Store
Seven For All Mankind will take its first steps toward developing a direct-to-consumer business today with the launch of its first e-commerce Web site.
Chip & Pepper Expands
Pepper Foster, co-founder and co-designer of premium denim brand Chip & Pepper, just returned home to Los Angeles after a trip to Istanbul where he was touring factories.

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Note: Full text of the articles contained in this email is available only to subscribers.
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Posted by Hong Xiaowan to Fashion Design at 11/16/2006 12:14:34 AM

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