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Wednesday, February 22, 2006 FALL 2006: THE REVIEWS Chic Savages - Prada Some of the best looks on the Milan runways had a revitalized minimalist message, from austere coats to supple jackets to simple dresses. Less Is More, Ancora - Bottega Veneta, Jil Sander, Marni, Pucci Some of the best looks on the Milan runways reinforced a revitalized minimalist message, from austere coats to supple jackets to low-key dresses. But they weren't the only game in town -- feminine, bohemian looks were in play, too. Taster's Choice - Philosophy di Alberta Ferretti, C'N'C Costume National, La Perla, Brioni Regardless of what a retailer was looking for, he or she could find it in Milan. _________________________________________________ JOB OF THE DAY Men's Apparel Designer Orange County based leader in the action sports industry seeks a creative apparel designer for men's line. This position will be responsible for design of all categories, with emphasis on woven tops. The ideal candidate has an understanding of the action sports market and at least 4 years experience at a better/contemporary company. $90k. Apply at wwd@24seveninc.com _________________________________________________ TODAY'S TOP STORIES Benefits of Marriage: Federated Net Up 59%, Boosted by May Deal The merger of Federated Department Stores and May Co. reaped hefty profits from robust sales in the fourth quarter, as well as the year. Wal-Mart Beats Estimates, Guides Lower Wal-Mart Stores posted better-than-expected fourth-quarter results, but its profit outlook for 2007 was lower than Wall Street estimates. China Trains Eye on Italian Firms A new player in Italy's fashion industry is emerging, as Chinese firms step out from sourcing roles to become investors and brand developers. TEXTILE & TRADE REPORT Bush Threatens to Veto Port Legislation Despite expanding dissent, President Bush vowed to veto legislation that halts the sale of operations at six East Coast ports to Dubai Ports World. Texworld Show Headed to U.S. Texworld, the Paris trade event that showcases textile mills and fabrics from China to India, is coming to the U.S. GENERAL Macy's Appoints Anne MacDonald Chief Marketer Macy's has named Anne MacDonald chief marketing officer, a role she held at Citibank, to help cast Macy's as "America's department store." Starwood Appoints Ann Watson To Enhance Retail Operations Watson joined Starwood as senior director of retail, a new position in which she will develop programs tied to Starwood's upscale portfolio of 850 properties. FASHION Fashion Scoops: Miller Time ... Fur Sure ... Graphic Arts ... Politicians could take a few pointers from publicity hound extraordinaire Sienna Miller, who worked her way up and down the front rows of the Emilio Pucci show on Tuesday morning. MEDIA/ADVERTISING Memo Pad: Ladding Go ... Taking The High Road ... Managing Expectations There's a fine line between sticking with a winning formula and becoming formulaic. IN THE MAINSTREAM Chelsea and Theodore's Effortless Fashion The collection is Chelsea and Theodore, consisting of updated better-priced sportswear and set to launch at retail next month. MARKETING Hong Kongers Hike Apparel Budgets Consumer demand for apparel here is on the rise, sparked by a desire among locals for new things to wear in the Asian Lunar New Year and a spike in winter holiday tourists. Marketing Intelligence: Plus CA Change ... Beyond Brand Extensions Though invested in a business predicated on changing styles, fashion executives often apply their savvy to maintaining the status quo. RETAIL A Luxe Retail Boom in Bangkok Developers of Bangkok's new luxury retail center, Siam Paragon, think it will lure 100,000 visitors a day to about 250 branded shops. Bulgari Redesigning New York Flagship Bulgari is giving one of its crown jewels a polish, closing its flagship on Fifth Avenue in New York on March 4 for a redesign and expansion. FINANCIAL Gap Upgraded by Deutsche Bank An upgrade by Deutsche Bank Securities Inc. on shares of Gap Inc. to "buy" failed to buoy shares of the stock on Tuesday. READY-TO-WEAR REPORT Later Date Aids StyleMax Turnout The first February edition of StyleMax at the Merchandise Mart here proved fruitful for Midwestern retailers who scooped up spring and fall fashions. BEAUTY REPORT Beauty Beat: Givaudan Sales Increase 12.5% In 4th Quarter ... Henkel Acquires Gillette Deodorants The company's fragrance sales grew 14.1 percent to 280 million Swiss francs, or $215 million, in the quarter, while its flavors business increased 11.4 percent to 412.1 million, or $316.4 million, against the year-ago period. WWD WEST Paul Frank Grows as Brands Evolve, Quirks and All Paul Frank Industries, the youthful apparel and merchandise phenom founded on the grinning mug of a sock monkey, is growing up and out. The Many Moods of MAGIC Include Boho and Victorian WWDMAGIC offered feminine and luxe looks inspired by bohemian moods and the Victorian era during Tuesday's kickoff. | |||||||||||||||||
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