Monday, November 20, 2006

[Fashion Design] WWD Headlines

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Monday, November 20, 2006
TODAY'S TOP STORIES
All Ready and Waiting: Stores Prep for Big Rush As Black Friday Nears
Though holiday sales results are ultimately unpredictable retailers are surprisingly upbeat about the outlook.
Richemont Profits Surge
Booming sales of jewelry, leather accessories and luxury clothing drove Richemont's nets up 22 percent.
Lofty Times for Ann Taylor
It was opening day for the Loft flagship, by far the chain's most theatrical and largest location.

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FINANCIAL
Clover, Robert Lee Morris Split From Fabrikant
Clover Corp., which has owned Robert Lee Morris Inc. since 1998, has parted ways with its founding affiliate, M. Fabrikant & Sons.
The M&A Boom: More Retail Deals Expected in '07
The mergers and acquisitions boom still has a lot of momentum.
Factoring in Mergers and Acquisitions
Factoring firms, which handle a company's accounts receivables for a fee, are in a unique position to offer merger and acquisition assistance ranging from company matchmaking to financing deals.
Federated Sells Bridal Group for $850M
Federated sold its bridal group for $850 million in cash on Friday.
Sally Beauty Makes Stock Market Debut
Sally Beauty Holdings, the former distribution arm of Alberto-Culver, made its stock market debut as a separate company Friday, with shares opening at $7.35 on the New York Stock Exchange.
CEO: Foot Locker Not for Sale
Matthew D. Serra, Foot Locker Inc.'s chairman and chief executive officer, said in a statement Friday that the company is not for sale.

GENERAL
Coming This Week
A brief look at the coming week's events.
In Brief: Federated Closure ... NHL Flagship
A brief look at some of the day's stories.

BEAUTY REPORT
Beauty Beat: Crown Risdon Sold ... More Clinique All About Eyes
Leading cosmetic packaging and components manufacturer Crown Risdon was sold to private investors on Friday for an undisclosed amount.

FASHION
Philadelphia Fashion Honors Galanos
Neither heavy rains nor wicked winds kept Philadelphia fashion followers away Thursday evening as they came out to fete designer James Galanos.
Fashion Scoops: Versace Walks On ... Golden View ... Rain Check ...
Donatella Versace and the late Gianni Versace will be the ninth and 10th recipients of the Rodeo Drive Walk of Style Award, in a ceremony to take place Feb. 8, the Rodeo Drive Committee and the City of Beverly Hills will reveal today.

EYE
Olive Garden
There was no shortage of unsolicited friendly advice at Thursday's CFDA/Vogue Fashion Fund awards dinner at Skylight Studios.

INNERWEAR REPORT
Victoria's Secret Goes Hollywood
The Victoria's Secret Fashion Show made its Hollywood debut to a crowd used to scanty outfits, red carpets and paparazzi.

ACCESSORIES REPORT
Isaac Handbags Bridging the Gap
For Isaac Mizrahi, there's high fashion, low fashion and now a middle ground, too.
Christie's to Sell Helene Arpels Jewels
In a blockbuster year of jewelry auctions, another patrician's collection is on the block.
Findings: Double Vision ... Coco Pearls
When the new Denzel Washington film "Deja Vu" is released Wednesday, NoLIta jeweler Karen Karch may get quite busy.

MEDIA/ADVERTISING
Memo Pad: Take Miu ... More Luxe ... Numbers Please ...
Talks may have fallen through to make Lindsay Lohan the face of Louis Vuitton earlier this year, but it looks like the starlet has a second shot at the ad campaign stakes.

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Posted by Hong Xiaowan to Fashion Design at 11/20/2006 12:16:42 AM

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