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Friday, October 27, 2006 TODAY'S TOP STORIES Led by Gucci Group, PPR Revenue Rises 5.8% in Third Quarter Luxury buoyed PPR in the third quarter as the French retailer on Thursday reported that revenue grew 5.8 percent. Limited Picks BBW President Limited Brands has recruited Diane Neal from the Gap to become president and chief operating officer of its Bath & Body Works division. Vietnam Set for WTO After 11 years of difficult talks, Vietnam on Thursday completed the process to enter the World Trade Organization. _________________________________________________ JOB OF THE DAY Technical Designer NY based apparel company is seeking a technical designer for its well received outerwear collection. The right candidate will be proficient in both Photoshop and Illustrator with extensive prior outerwear/ wovens experience. Salary commensurate with experience, to $80k. Apply at wwd@24seveninc.com _________________________________________________ FINANCIAL Shiseido Profits Fall Despite Sales Gain Shiseido Group reported Thursday that first-half net profit slipped 8.6 percent to 9.83 billion yen, or $83.7 million at average exchange. Italian Execs Discuss Luxury Growth at Altagamma Given the numbers, Italian luxury goods executives had plenty of reasons to be upbeat at a meeting of the Altagamma association here last week. Tommy Hilfiger CFO Exits Joe Scirocco has resigned as group chief financial officer of Tommy Hilfiger Corp. Green Reports Big Net Drop at Arcadia Sir Philip Green, British retail mogul and owner of Arcadia Group, Topshop's parent, reported a 22 percent drop in profits. Developers Diversified Buys Inland Retail REIT for $6.2B Developers Diversified, one of the largest U.S. shopping center real estate investment trusts, has taken a major step in a new joint venture partnership with the acquisition of Inland Retail Real Estate Trust Inc. for $6.2 billion. Claiborne's 3Q Earnings Decline 16.2% Liz Claiborne Inc. posted a third-quarter profit decline Thursday of 16.2 percent. GENERAL In Brief: Lamer to Lambertson... Vegas Double Down Lambertson Truex, the New York-based luxury accessories firm that was acquired by Samsonite in July, has named David Lamer to the new position of president of sales. Therapy Systems Gets Into Color Therapy Systems is getting into color this fall, as founder Linda Roberts launches a full-color cosmetics line, Therapy Systems Color. Design: Young European Architects: Collectively Speaking A new informal group of globe-trotting architects believes there is strength in numbers. Jean Prouve Finds a Home on the Seine Galerie 54 here is adding a tropical touch to the Seine's monument-lined banks. Obituary: Anne Maree Lewin, Lingerie Designer Anne Maree Lewin, a lingerie designer known for contemporary daywear, sleepwear, robes and at-homewear bearing the Anne Lewin label, died Tuesday at her home in Manhattan. New Labor Dept. Enforcer Fends Off Union Criticism Paul DeCamp said he will be guided by the law and the best interests of workers as administrator of the Labor Department's Wage & Hour division. _________________________________________________ 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 _________________________________________________ BEAUTY REPORT Diddy Does Duty Free The high point of the week was a bit of showbiz razzle-dazzle not seen since the last film festival. Manufacturers Spotlight Upcoming Products Amid the din of those decrying the commoditization of fragrance, Michel Mane has decided to try and bring back some of the old magic. Top Notes: Fruit Forward... Regis' Organic Deal... Men's Line Makes Debut... Calgon is taking a cue from the fruit-scented trend taking place in prestige fragrance and is launching a line of mists and lotions with fruit-flavored formulas. Alberto-Culver Profit Climbs Two weeks away from a shareholder vote to split the company into two parts. Men's Corner: Lab Series Out to Get Oil Lab Series Skincare for Men is taking aim at oily skin with the January introduction of a range called, naturally enough, Oil Control. Rilastil Eyeing U.S. For Hyper Growth Rilastil, the Italian cosmeceutical company that ranks among the top-selling skin care makers in Italy, is solidifying its U.S. presence. HBA REPORT _________________________________________________ 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! To subscribe visit http://www.wwd.com/jump/printsub or call 1-800-289-0273. _________________________________________________ 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 J.Mendel on Fast Track Designer Gilles Mendel of J.Mendel is setting his sights on expanding his luxury brand in the U.S. and abroad. Bread & Butter Berlin No Longer Happening Bread & Butter Berlin is closing its doors in its home market. Monique Lhuillier Adds New Categories Monique Lhuillier, like many of her designing counterparts, is on her way to building a luxury lifestyle brand. MEDIA/ADVERTISING Memo Pad: Mistery Solved... Top Stuff... Three's A Charm... The mystery behind Victoria Hearst's message left on one of the large banners at the Oct. 9 Hearst Tower opening gala has been solved. | |||||||||||||||||
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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 10/27/2006 12:25:12 AM
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