Fashion Design

Monday, May 15, 2006

WWD Headlines

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Monday, May 15, 2006
TODAY'S TOP STORIES
New Team at Helmut: Ex-Habitual Designers Tapped for Lang Line
Link Theory Holdings Co. Ltd., is expected to announce today that it has tapped Michael and Nicole Colovos as design directors of Helmut Lang.
Bergdorf's Rings Up $6.1M With Chanel
Bergdorf Goodman beat its own three-day trunk show record with a whopping $6.1 million one for Chanel.
Gaultier's New Look for Madonna
More often than not, the pop superstar chooses to wear Gaultier, which will be the case when her "Confessions" world tour kicks off Sunday at the Los Angeles Forum.

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JOB OF THE DAY
Quality Control Manager
Prestigious Los Angeles Cosmetics Company is seeking a Quality Control professional to manage the production of a compliant, globally acceptable product from inception through to production and purchase. This position is the single point of contact between Product Development, Brand Operations and suppliers for all production batch approvals after pilot and first productions and will insure that new product concepts and aesthetics are successfully translated from approved lab standard to production. Minimum 5 years Quality Control experience, fashion or cosmetic industry experience a plus!
Apply at wwd@24seveninc.com
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READY-TO-WEAR REPORT
House of Dereon to Enter Juniors
Beyonce and Tina Knowles are welcoming girls into the House of Dereon with a new juniors line, Dereon, that will launch for holiday.

GENERAL
Coming This Week
A look at the coming week's events.

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EYE
Costa Brava
Skylight Studios was transformed for Thursday night's Art Party benefiting the Whitney.
All Over ...
Resort is right around the corner, but that didn't deter a host of designers from finding reasons to raise a glass or two in New York last week.

ACCESSORIES REPORT
Coach Builds Legacy With Nod to Past
Coach is launching a higher-priced collection called Legacy, inspired by Bonnie Cashin's work for the brand in the Sixties.
Somber Styles Provide Bright Outlook
Styles are cloaked in dark motifs for fall, but that doesn't reflect the mood of vendors and buyers during this month's market.
Branded Looks Boost Business
Design elements from hit handbags like Gucci's horse bit and Fendi's "B" buckle graced eyewear frames at this month's Mido fair, where industry executives were upbeat in the face of intense competition.

INNERWEAR REPORT
Vendors Offer Seasonal Potpourri
There was a bit of everything at May market: a spring preview, a review of Valentine's Day programs and fall-holiday immediates.
Maidenform Net Rises
Maidenform Brands Inc. posted a 39.7 percent gain in first-quarter earnings last week on sales that were bolstered by strength from its department store distribution.

FINANCIAL
WWD Stock Index Plunges
As economists fretted over the possibility of rising inflation after the Federal Reserve raised the Federal Fund rate last week, investors spent last Thursday and Friday taking profits.
Legal Briefs
Louis Vuitton Malletier filed a trademark and copyright infringement and a dilution complaint against a number of Chinatown vendors in federal court here last month.
Economist Infers Hikes to Fed Rate May Be Too Much
An economist from credit insurer Euler Hermes ACI said in a report following last week's Federal Reserve interest rate hike that the increase "will have effects that will be felt well into 2007."
Tod's Group Earnings Rise 30.5% in Quarter
Tod's Group posted a 30.5 percent profit gain in the first quarter as strong growth in its footwear and leather goods divisions bolstered results.
Expert to Eye Evidence in Chanel Case
It looks like Chanel is not out of the defendant's chair yet.

BEAUTY REPORT
Beauty Beat: Parfums Kenzo's Nouveau 'Amour'
Parfums Kenzo has been sending flowers and now it's declaring its love.

MEDIA/ADVERTISING
Memo Pad: Musical Lads ... Star (In)Turn
On Friday, Dennis Publishing named Jimmy Jellinek the new editor in chief of Maxim, confirming a report on WWD.com that he would get the job.

RETAIL
J.C. Penney Seeks Unit in Manhattan
J.C. Penney Co. Inc. has stores in every New York borough except Manhattan, but that might be next.

FASHION
Fashion Scoops: Hilfiger's Rags To Riches? ... On To Chicago
"Rags" is a tale about a young African-American woman aspiring to be a fashion designer.

TEXTILE & TRADE REPORT
U.S. Agrees to Trade Accord With Vietnam
Vietnam has agreed to abolish "prohibited" subsidies to its textile and apparel industry as part of a trade deal it reached with the U.S. here Sunday.

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