Tuesday, November 21, 2006

[Fashion Design] WWD Headlines

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Tuesday, November 21, 2006
TODAY'S TOP STORIES
Nordstrom's Momentum: Profits Increase 26.3%, Chain Set for Expansion
If you are in the upscale fashion business watch out: Nordstrom Inc. is coming at you.
PVH 3Q Profits Gain 26%
Phillips-Van Heusen reported a 26 percent jump in third-quarter earnings, surpassing company and Wall Street's expectations as the company's Calvin Klein business bolstered results.
Norsa Gets His Feet Wet at Ferragamo
Michele Norsa barely paused between leaving his old job at Valentino Fashion Group SpA and taking on his new duties at Salvatore Ferragamo Italia SpA.

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GENERAL
In Brief: Tadashi Executive... Warnaco Taps Cunningham
Los Angeles-based special occasion dress maker Tadashi announced the appointment on Monday of its first chief operating officer, Lockie Andrews, a former executive at Liz Claiborne and Babystyle.

RETAIL
Price vs. Style: Wal-Mart, Target Face Off for Holiday
Holiday is shaping up as a classic Wal-Mart vs. Target duel, with the world's largest retailer declaring war on prices and its chief rival garbing itself in cheap chic.
Chanel Lights Up Chicago
Let the sun shine in. That's what Chanel did to transform its Midwest flagship on Michigan Avenue in Chicago.
Saks Celebrates New Orleans Reopening
"It was not a question of if we would reopen, it was a question of when," said Stephen Sadove, Saks' chairman and chief executive officer, who was the host last week at the debut of the refurbished Saks Fifth Avenue.

BEAUTY REPORT
Beauty Beat: Scoop Carves Beauty Niche... La Prairie Group Taps French G.M.
Hip fashion retailer Scoop NYC launched women's and kids' fragrances last week, the first step in what appears to be a full-fledged entry into the beauty fray.

EYE
Trunk Show
Brightly painted elephants, spangled camels, dancing girls, fire-breathers and sword-wielding soldiers greeted guests at City Palace in Jaipur, India, on Friday in a traditional procession last performed for Queen Elizabeth II when she visited the city 42 years ago.
History Lesson
The British cast of the film "The History Boys," which opens today, is full of charming young men who play bright students studying to get into university.

ACCESSORIES REPORT
Sarah Ferguson Launches Jewelry
Sarah Ferguson, the Duchess of York, has collaborated with K&G Creations in Boca Raton, Fla., in the debut of two jewelry lines.

FASHION
Royal Style: Politically Correct Dress
Irrespective of her politics, French presidential candidate Segolene Royal is receiving some votes of approval from the fashion crowd for her simple, pared-down style.
Fashion Scoops: Shapping Up... Valley Girls... Zoe Checks In...
Babyshambles frontman Pete Doherty's new line for Manchester, England-based Gio-Goi has yet to hit stores, but The MisShapes are gearing up to give him some competition in the fashion business.
Bottega Veneta Wins Walpole Award
Bottega Veneta scooped the new award for international luxury brand at the annual Walpole Awards Night on Monday.
Allen B. Schwartz Looking to Itemize Gains
Allen B. Schwartz, whose A.B.S. by Allen Schwartz business has always zigged and zagged with the trends, is on to the next big thing.

READY-TO-WEAR REPORT
Stars Make Their Holiday Wish Lists
Inevitably most holiday shoppers wind up making a few unexpected purchases for themselves.

TEXTILE & TRADE REPORT
Vietnam Status Casts Pall Over Importers Conference
Vietnam was fresh on the minds of importers and sourcing executives attending the 18th annual Textile & Apparel Importers Trade and Transportation Conference here last week.
Supply Chain a Key in Counterfeit Battle
Speakers at last week's "Knock It Off! Brands and the Counterfeiting Quandary" seminar urged companies to focus more attention on the vulnerabilities in their own supply chains in their fight against counterfeits.
Russia, U.S. Make Key Trade Step
The decision by the U.S. and Russia to formally sign a bilateral trade deal is a major step in Moscow's bid to join the World Trade Organization and open its markets to more foreign investment.

MEDIA/ADVERTISING
Memo Pad: Red Head... Genuine Authentic... George On Board...
Designers hiring new photographers for their ad campaigns seems to be the trend for spring.

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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 11/21/2006 12:14:18 AM

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