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Wednesday, February 15, 2006 TODAY'S TOP STORIES Hitting the Right Path: Levi's Sees First Sales Gain in Eight Years Booming sales in Asia and stabilization in North America helped Levi Strauss & Co. put the skids on eight years of declining sales in 2005. Olsens New Badgley Mischka Faces Mary-Kate and Ashley Olsen will be featured in the spring ad campaign for Badgley Mischka, bankrolled by parent firm Iconix Brand Group. Abercrombie Net Up 57.9 Percent Abercrombie & Fitch Co. muscled through the holidays, reporting another quarter of robust earnings while watching sales reach nearly $1 billion. _________________________________________________ JOB OF THE DAY Intimates Designer New York based intimate apparel company seeks an experienced professional to oversee the creative, physical and technical development of brand. The ideal candidate will have a minimum of 8 years experience in the technical aspects of production and will demonstrate a proven ability to identify basic style, color, and market trends. Great compensation package! Apply at wwd@24seveninc.com _________________________________________________ GENERAL FINANCIAL Apparel, Accessories Sales Soar in January Inspired by warm weather and armed with gift cards, consumers spent heavily at retail last month, the Commerce Department reported. Strong Sales Propel Dow Over 11,000 After a robust retail sales report and a decline in oil prices, investors sent major stock indices up on Tuesday, approaching levels set during the rally at the start of January. Stella McCartney Sales Climb in '05 Business is vigorous at Stella McCartney, and the company confirmed it's on target to turn a profit by 2007. IN THE MAINSTREAM Catch a Fire Grows Up Cedella Marley's Catch a Fire collection is maturing beyond its target of junior and young contemporary customers. MEDIA/ADVERTISING New Wal-Mart Ads Go Upscale Wal-Mart will begin airing new TV commercials this week aimed at convincing upper-middle-class shoppers it offers more than bargains. Memo Pad: Budget Living Folds ... Pinch Hitter Portman ... Better Home The signs were all there: A backer motivated to sell, without any obvious takers; a hard and fast sell by date, and a last-minute decision not to publish the January/February issue. _________________________________________________ New on WWD.Com! Exclusive News When You Need It: Now In addition to the industry's top fashion and retail news, WWD.com now features more breaking and updated news as well as sneak peaks and previews of upcoming stories. Don't miss our exclusive "At Work With" interviews. _________________________________________________ FASHION Fashion Scoops: Wild Things Since New York cannot relocate to the desert, the desert will come to New York. WWD WEST Designer Geren Ford's Lifestyle Evolution With her fall collection, designer Geren Ford is expanding beyond her loungewear beginnings. West Watch: Oscar To The Max? ... More Oscar Gems ... Suite Life ... Max Azria has dressed his share of starlets, including Sarah Michelle Gellar, Nicole Richie and Jessica Biel. Music-Inspired Belts The upside of having a wife in a budding cult band is the exposure a designer can get among her fans. TEXTILE & TRADE REPORT USTR Details Stricter China Plan Talking tough on China, USTR Rob Portman outlined a new policy toward the country that focuses on better enforcement of trade laws. BEAUTY REPORT Beauty Beat: Shiseido to Unveil Skin, Hair Brands ... Red Earth's U.K. Biz on Block Shiseido is to introduce two brands in the Japanese market this spring in hopes of reaching $6.4 billion in consolidated sales volume within the next three years. | |||||||||||||||||
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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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