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_________________________________________________ advertisement Visit top Chinese apparel exporters in Shanghai, Make big fortune in apparel trade!" www.garmentsourcingfair.com _________________________________________________ Monday, April 17, 2006 TODAY'S TOP STORIES Wal-Mart's N.Y. Plan: Retailer Pushing Effort To Build in 5 Boroughs Wal-Mart Stores, battling political and organized labor opposition, has renewed its drive to gain a foothold in New York City. CKI in Dress Deal With G-III Calvin Klein Inc. is expected to announce today that it is adding a dress license to the better-priced Calvin Klein line in a deal with G-III. Penney's Aims for $2B Internet Revenues J.C. Penney Co. Inc. is aggressively pursuing a strategy aimed at doubling its annual Internet revenues to $2 billion. _________________________________________________ JOB OF THE DAY Merchandise Manager Merchandise Manager needed for progressive and health-minded women's activewear company in Vancouver, British Columbia. Merchant will be the strategic lead on planning and implementation for the Merchandise Management department, including development of new merchandise platform and inventory tracking system. This position will act as a liaison between Merchandise dept and IT team, attend all Design and Planning meetings, and quality test the system as development and implementation progress. Successful candidate will have a keen sense of detail, strong organizational abilities, and a minimum of 3 years merchandise/ inventory experience. Retek experience a plus! Apply at wwd@24seveninc.com _________________________________________________ GENERAL Jones' Rhonda Brown Exits, Two Promoted Jones Apparel Group said Rhonda Brown, president and ceo of its footwear, accessories and retail group, is no longer with the company. MEDIA/ADVERTISING Memo Pad: Not So Simple ... Out No Longer In ... Nimble Giant Real Simple has hit another stumbling block in its march to brand ubiquity. _________________________________________________ Only on WWD.com Don't miss our web exclusives: Executive Moves At Work With Research Fashion Dictionary _________________________________________________ EYE Skirting the Issue Talking with Kayoko Ota, curator of Prada's much anticipated "Waist Down" exhibition, making its debut this week at its SoHo flagship. Powerpuff Girls Shoulder pads may have gone the way of "Dynasty" and "American Gigolo," but there are other ways to achieve their hip-whittling effect. Sticky Fingers Most chick lit is so saccharine that even the most hardy "Sex and the City" viewer can barely wade through the infinite flow of titles about twenty- and thirtysomething girls in public relations/bartending/fashion jobs that glut bookstore shelves. ACCESSORIES REPORT High Prices Don't Dull Retail Desire The high cost of precious metals and stones has forced price hikes at watch and jewelry firms, they said at two Swiss trade shows. Judith Leiber Has Rachel Zoe in Its Clutches Dressing Hollywood's "It" girls is no longer enough for stylist Rachel Zoe. Club Monaco Goes Luxe Taking a cue from parent Polo Ralph Lauren Corp., specialty chain retailer Club Monaco wants a bigger piece of the $30 billion accessories market. Findings: High-Tech Travel ... Magic Carpet Ride ... Mai Day With the launch of Avietta, a luggage line that is as sleek as it is high-tech, with handles and wheels that are fully integrated into the designs, Valextra is living up to its innovative standards. BEAUTY REPORT Beauty Beat: Skin Care's Latest Wrinkle: Plasma ... Walker Teaming With Boots High-definition plasma TV technology is now being applied to skin care products. INNERWEAR REPORT Lady Ester Deal Symbol of M&A Activity The acquisition of Lady Ester Corp. by Komar Co. and Russell-Newman highlights the surge of M&A activity in the sector. Frederick's Inks Pact With Celeb Stylists Frederick's of Hollywood has signed an agreement with celebrity stylists and designers Cristina Ehrlich and Estee Stanley to produce a co-branded collection of intimate apparel. Intimate Notes: Read All About It Vassarette, a division of VF Intimates, has taken the concept of flexible microbeads beyond Beanie Babies and sleep pillows. Replay Takes Collection Into Own Hands Replay is taking production of its innerwear collection in-house starting with the fall-winter 2006-'07 collection. FINANCIAL The $1 Billion Mark, and Growing Due to successful store growth initiatives, a steadily recovering economy and a strong fashion cycle, a growing number of specialty apparel retailers joined the club by posting significant billion-dollar revenue benchmarks in the most recent fiscal year. Need Cash? Factoring Can Help Businesses strapped for cash because they're looking to expand production, acquire another company or extend their brand through licensing or other businesses can benefit from developing an accounts receivables-based factoring relationship. For New Businesses, New Ways to Borrow Starting a business is never easy. Starting a business in an industry that doesn't pay up front for goods purchased is nearly impossible. GE Touts Personalized Service in RCF Unit Four years ago next month, GE's American Consumer Finance business established Retail Consumer Finance as a separate business unit and appointed Margaret Keane as its president and chief executive officer. Filing Reveals Details of Tommy Acquisition Tommy Hilfiger Corp.'s sale to Apax Partners for $1.6 billion had its roots in informal discussions during board meetings four years ago, when the directors hashed out the future of the company. CIT's Daly: Retail Consolidation Remains an Issue With clients ranging in size from $2 million privately held firms to $500 million publicly held companies, CIT Commercial Services is the largest factor in the industry today. BCG Report: Firms Should Beef Up Global Investments A recent survey from the Boston Consulting Group revealed that companies see significant sales growth opportunities in rapidly developing economies such as China and India, but are not making investments in these places to capitalize on it. FASHION Atlanta Feels a Slight Spring Chill Retailers shopping AmericasMart here liked fall's more sophisticated direction but were preoccupied with lingering cool weather that has kept spring business from taking off. Fashion Scoops: They'll Have Paris ... Treating D&G ... Issac's Guys Paparazzi obsession, party girl, dingy reality show star and ... award-winning fashion designer. WWD REAL ESTATE REVIEW Landmark Phoenix Center Gets New Lease on Life The aging Biltmore Fashion Park, this city's most famous and historic shopping center on 30 acres, has begun a redevelopment. Westfield: Reinvesting to Succeed The Westfield Group is one of the world's largest and most successful retail developers. Expanding Globally, but Selectively In the time it takes most developers to build a single mall, the Westfield Group will invest roughly $10 billion in redevelopment and expansion of its existing global portfolio. Mills' Vision in the Meadowlands Despite the woes of its developer, Mills Corp., construction of Meadowlands Xanadu, a fanciful $1.2 billion, 4.8 million-square-foot retail-entertainment-sports colossus rising from New Jersey swampland, plows on, albeit at a slower pace. Bangkok's Big Push Despite political uncertainty, the city is setting its sights on becoming Asia's newest hub for luxury sales. A Controversial Domain Few subjects raise the ire of urban planning, development, and legal experts as much as the question of eminent domain. A Rodeo Drive Spin on the Strip Retailing keeps pouring into Sin City, but General Growth Properties believes there's room for more and has a plan to deliver what it considers a novel retail experience. Betting on Bond Street Only two blocks long and covered in cobblestones, Bond Street in Lower Manhattan has always harked back to an earlier time. Adapting to Change The retail real estate industry is changing by leaps and bounds, from the perspectives of the developers who build projects for retailers and of the service providers, brokers and lenders who make retail deals happen. | |||||||||||||||||
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Note: Full text of the articles contained in this email is available only to subscribers.
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