Fashion Design

Wednesday, May 03, 2006

WWD Headlines

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Wednesday, May 03, 2006
TODAY'S TOP STORIES
The British Invasion: Topshop Aims to Open Flagship in New York
Philip Green wants to make his mark in the U.S. and by next year could plant his crown jewel, the Topshop fashion emporium, in the U.S.
NorthPark Shoots for Top With $225M Revamp
NorthPark Center in Dallas is set to complete a $225 million expansion intended to make it the dominant mall in the north Texas market.
Summer Movies, Fashion and Profits
Product placement and the influence of the personal and on-screen styles of movie stars on fashion continues to converge.

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JOB OF THE DAY
Technical Design Manager
Well established moderate sportswear company based in NY needs a hands-on professional to manage its Technical Design team. The ideal candidate is detail-oriented, experienced in management/ team building, and familiar with all aspects of sweaters, knits, and wovens production. $75-100k.
Apply at wwd@24seveninc.com
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GENERAL
Maria D. Lopez Resigns at St. John
Maria D. Lopez, who was second in command to Tim Gardner, head designer at St. John, resigned on Tuesday.
In Brief: Take A Peek ... Links Of London Seeks Buyer
A brief look at some of the day's stories.
Jay Diamond Set to Retire
After almost 30 years with the company, Jay Diamond, chief executive officer of Halmode Apparel Inc., a division of Kellwood Co., will retire at the end of August.

RETAIL
ICSC Expecting April Comp Blowout
The ICSC said April same-store sales should show the biggest annual gain in two years, despite intensified worries over higher gas prices.
Malandrino Online Adds E-Commerce
Catherine Malandrino's Web site, catherinemalandrino.com, added e-commerce on Friday.

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BEAUTY REPORT
Beauty Beat: Unilever Sells Finesse and Aqua Net
Unilever trimmed its portfolio, selling hair care brands Finesse and Aqua Net to Lornamead Brands Inc. for an estimated $130 million.

EYE
Little Britain
Fashion elite find their inner punks at the Metropolitan Museum of Art's Costume Institute benefit "AngloMania."

IN THE MAINSTREAM
Fair Trade Fashion Takes Off in Europe
Ethical fashion is taking hold as European stores react to environmental and human rights concerns in apparel manufacturing.

TEXTILE & TRADE REPORT
Senate Reaches Compromise on Container Bill
Republican and Democratic senators agreed to a compromise Tuesday, scaling back a proposal that would have required all U.S.-bound cargo containers in foreign ports to be inspected for radiation within five years.
Synthetic Fiber Producers Feel the Heat of Energy Costs
For manufacturers of synthetic fibers, rising fuel prices translate into higher production costs.

MEDIA/ADVERTISING
Memo Pad: To Elle With All That ... Only In New York
Kelly Killoren Bensimon has completed her slow-motion exit from Elle Accessories.

READY-TO-WEAR REPORT
Lacoste Gaining Popularity As China Embraces Casual
Dressy-casual remains a novelty in China, where flaunting status, however meager, is de rigueur and even construction workers wear suit jackets on the job, complete with labels still on the sleeves.

FASHION
Fashion Scoops: Pre-Dance Ritual ... All Dolled Up
For those not attending the dinner portion of Monday night's festivities, the big question was: What to do before the dance?

FINANCIAL
Gauging the Impact of High Gas Prices
High gas prices have fueled public and political outrage, and business professors feel they will influence, but not dominate, consumer spending.
Timberland 1Q Net Falls 30.9%
Timberland Co. reported a 30.9 percent decline in first-quarter earnings on a slight decline in revenues, which it attributed to soft boot sales and negative foreign exchange impacts.
Analyst Offers Bearish View of Gap Turnaround
Looks like Gap Inc.'s turnaround might have to wait, at least according to one analyst.

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