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Monday, July 31, 2006 TODAY'S TOP STORIES Avon Calls Up Jeter: Yankees Captain Signs Deal for Fragrance New York Yankees shortstop Derek Jeter has signed a fragrance deal with Avon. Majority Stake of Sigerson Morrison Sold Sigerson Morrison, the footwear firm that grew from making custom-made shoes for private clients to a $30 million business with two lines and a high-end handbag collection, has a new owner. Valentino Net Soars, Norsa to Exit Michele Norsa, chief executive of fashion house Valentino SpA, plans to step down at the end of September. _________________________________________________ JOB OF THE DAY VP of Sales Hot Los Angeles Handbag Company needs a Vice President of Sales to manage a growing team. The right candidate will have existing domestic and overseas relationships, excellent interpersonal and managerial skills, and a strategic outlook. Great salary package. Apply at wwd@24seveninc.com _________________________________________________ GENERAL Three Executives Named to Wells Fargo Posts Wells Fargo Retail Finance said three new executives joined its headquarters office in Boston this month. EYE Baby Talk To many women who reside in tony brownstones above 64th Street, charity work means little more than attending committee meetings, drumming up money from a few pals and getting photographed at the annual soiree in the sponsor's finery. Hard News "Scoop," the new Woody Allen movie, tells the story of a young woman who falls in love with a man who may or may not be a serial killer. _________________________________________________ Style Starts Here Subscribe to WWD and receive the newspaper 5 days a week Monday through Friday. Your print subscription includes the spring and fall issues of WWD The Magazine, issues of WWDSCOOP, market supplements on accessories, denim, swimwear and much more! Click here to subscribe or call 1-800-289-0273. _________________________________________________ ACCESSORIES REPORT Jewelers Join Forces for Lead Safety In the wake of California's Proposition 65, legislation is now being proposed in several other states to regulate the amount of lead in fashion jewelry. Marc Jacobs Doubles Its Vision for Sunwear Marc Jacobs has set its sights on the entry-level sunglass business. Findings: Falchi's Youthquake ... Chanel's Gems ... Charmed Life ... Carlos Falchi is keeping busy this market. Gems the Rx for Medical IDs When the daughter of a friend was diagnosed with epilepsy and upset about wearing what she considered an unattractive medical identification bracelet, Julie van Hees-Aidner came up with an idea. INNERWEAR REPORT RTW Invasion Spurs A Boost in Creativity A battalion of European designer brands has recently sprouted lingerie lines emblazoned with their respective house codes. RETAIL First Gap Franchises Set for Far East Gap's first licensed stores in the Far East, including a flagship in Singapore, will be announced today. Wal-Mart Exiting Germany In the end, Germany was an expensive exercise for Wal-Mart that will cost the retailer $1 billion to exit. FINANCIAL Three Firms Bid For London Fog In Court Auction The London Fog brand is about to be sold through the bankruptcy court process. Accessories, Apparel Boost Tod's First-Half Sales Tod's SpA's first-half sales grew at a double-digit rate on increasing demand for its bags, shoes and apparel in all markets. Nevada Apparel Files Lawsuit Versus Topshop Nevada Apparel Corp., a New York-based women's clothing company, has entered into litigation against Arcadia, the parent of U.K. retailer Topshop, concerning the Topshop brand name. As Foot Locker Prepares to Be Sold, Puma Takes a Hit Financial and market sources said Puma was asked to take back product on orders already shipped and that sales of back-to-school offerings are likely to be hurt by discounts at retail on Puma merchandise. New Products Drive Under Armour Earnings Citing new product launches, Under Armour Inc. delivered robust earnings and sales for the second quarter. FASHION Doneger Group Names Morrison Fashion Director The Doneger Group has appointed Roseanne Morrison fashion director, a new position at the 60-year-old merchandising and fashion consulting organization. MEDIA/ADVERTISING Memo Pad: Vanity Fashion Plates Despite being infamous for frumpiness, journalists didn't do half badly on Vanity Fair's International Best Dressed list. TEXTILE & TRADE REPORT House Passes Minimum Wage Hike The House passed the first minimum wage increase in a decade early Saturday morning. | |||||||||||||||||
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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 7/31/2006 12:19:03 AM
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