Fashion Design

Wednesday, April 19, 2006

WWD Headlines

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Wednesday, April 19, 2006
TODAY'S TOP STORIES
Building Aquascutum: Kim Winser Named CEO To Create Luxury Brand
Aquascutum is expected today to name Kim Winser to the new post of president and chief executive.
Penney's Launching New Line
J.C. Penney Inc. is readying a new women's brand, E. 5th, which will bow in September.
Marla Sabo Said Exiting Christian Dior Post
LVMH is expected to announce today the departure of Marla Sabo, president and chief operating officer at Christian Dior Inc.

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FINANCIAL
Neiman's Thinking Small for Growth
Burton Tansky, Neiman Marcus Group's president and ceo, said the firm is looking to open stores in smaller markets with affluent customers.
Apparel Prices Up Slightly
Wholesale prices on domestically produced women's and girls' cut-and-sewn apparel increased 0.4 percent and overall apparel prices inched up 0.1 percent in March.
H&M March Sales Soft
Poor weather conditions dampened sales for Hennes & Mauritz in March.
True Religion Details Pay For New Exec
Michael Buckley will be eligible for a compensation package in excess of $1.2 million after he assumes his position as president of True Religion Apparel next week.
Mossimo Evaluating Bid From Cherokee
Mossimo said its board would meet to evaluate an unsolicited takeover offer from Cherokee Inc. for the company's outstanding shares.
Anne Marino Said Headed to Tommy Hilfiger
Anne Marino, who resigned as executive vice president of global licensing at Donna Karan International, is expected to take a position at Tommy Hilfiger Corp.

RETAIL
Saks Confirms China Plan
Saks Fifth Avenue confirmed Tuesday that it will open a store in Shanghai through a licensing agreement with Roosevelt China Investments Corp., which will own and operate the store.
Wal-Mart Focuses On Shopper Value
Wal-Mart executives said the company is upping its focus on selection, service and style, and not just low prices.

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MEDIA/ADVERTISING
Memo Pad: Claire The Decks ... Video On Demand ... FHM Collections Closes
Like Moses, who glimpsed the Promised Land but was forbidden to enter it, Marie Claire editor in chief Lesley Jane Seymour won't be joining her staff in Hearst's gleaming new headquarters building.

IN THE MAINSTREAM
A Designer Triple Threat From Nine West
Nine West is launching a program of fashion collaborations starting with Vivienne Westwood, Thakoon and Sophia Kokosalaki.

FASHION
Fashion Scoops: Honor Roll ... Snow Show ... Chip on Her Shoulder ...
Fran?ois-Henri Pinault and Alber Elbaz are the latest fashion figures to be cited for merit by the French government.
Dell'Acqua Still Sexy at 10
Today, just as 10 years ago, Alessandro Dell'Acqua wants his women to turn heads.
On the Avenue: Art, Fashion Unite for Whitney Fund
The city's art and fashion worlds are collaborating on an exhibit that stretches 29 blocks along Madison Avenue, and includes a fund-raising effort for the Whitney Museum's Family Programs.

TEXTILE & TRADE REPORT
Schwab to Replace Portman as USTR
President Bush nominated Susan Schwab to be the new U.S. Trade Representative, replacing Rob Portman, tapped to be director of OMB.

BEAUTY REPORT
Beauty Beat: Eyeing Sale to Cameron, PureBeauty Files Chapter 11
PureBeauty Inc., the Southern California retail and salon chain, filed a voluntary Chapter 11 petition Tuesday in U.S. Bankruptcy Court for the Central District of California.

WWD WEST
Ruffles and Flourishes: L.A. Fashion Gets Dressier
Fashion winds are shifting in Southern California from the jeans-tops-and-heels look to a more feminine, formal and frilly style.

Note: Full text of the articles contained in this email is available only to subscribers.
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