Fashion Design

Tuesday, May 16, 2006

WWD Headlines

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Tuesday, May 16, 2006
TODAY'S TOP STORIES
VF Corp. Bucks Trend: Firm Ups Dividend 90% And Bullish on Growth
VF is trumpeting its strength and the success of its growth strategy by rewarding shareholders with a 90 percent increase in dividend payout.
Target Net Up, Misses Forecast
Target Corp. delivered robust first-quarter sales and profits, but earnings per share were off, causing some analysts to lower their outlooks.
Decoding China's Luxury Market
According to Tom Doctoroff, luxury apparel brands are approaching the China market all wrong.

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GENERAL
Fendi, Armani, Stone Lend Hand to AmFAR
Fendi and Giorgio Armani are stepping up for the American Foundation for AIDS Research.
Obituary: Richard L. Battram, May Exec
Richard L. Battram, who rose from a store buyer to executive vice chairman of May Department Stores Co. and was a key figure in the company for decades, died of thyroid cancer Friday at his home in Ladue, Mo.

RETAIL
Neiman Group Eyes Expansion
Under new ownership, the Neiman Marcus Group is getting daring.
Mango Signs Lease for First N.Y. Store
Mango, the Spanish fast-fashion chain, has found a home for its first store here.
A&F's Ruehl to Open at Galleria Dallas
The 9,000-square-foot store will be near fast-fashion chain Zara and Abercrombie & Fitch.
Quiksilver on Regent St.: California Vibe in London
London's Regent Street is taking in some California sunshine with the arrival of a Quiksilver flagship featuring the new store concept.

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EYE
Stepping Out
A balmy London eve drew Uma Thurman and Sting to The Orangery at Kensington Palace for the opening of Roger Vivier's Sloane Street shop.
High Society
Despite her pedigree and elegant European looks, Francesca Bodini says she's not interested in joining the socialite ranks.
Hollywood Haven
Membership definitely has its privileges at Social Hollywood, which opened its grand doors earlier this month.

READY-TO-WEAR REPORT
Hatcher Talks Fashion Beyond Wisteria Lane
Teri Hatcher wasn't hinting at what's in store for her character, Susan, on the final episode of this season's "Desperate Housewives" during her Bergdorf Goodman book party Thursday night, but she was willing to chat about herself.
Stores Focus on Strategies at Show
Buyers at the Designers at the Essex House show said listening to customers' needs has become more important than ever.
Trocme's Take on Little Black Dress
Suzanne Trocme, an architecture and design writer, lives her life in pursuit of the perfect object, and prefers to go without rather than compromise.
Contemporary Line Grows at Astra
Women's golf line Astra USA is rethinking its game.

MEDIA/ADVERTISING
Memo Pad: Radar Lives! ... Red-Letter Day
You can stop asking if Maer Roshan will ever restart Radar.

ACCESSORIES REPORT
British Jeweler Has His Day
The British artist-jeweler John Donald couldn't find anyone to showcase his work when he began designing in London in the early Sixties.
Top Accessories Grads Take Bows at FIT Bash
The Fashion Institute of Technology accessories design department honored its 20th graduating class on Thursday with an exhibition and awards ceremony here for outstanding students.
Absolutely FABB at the Ball
Guests also took to the event's new venue. It had been at the Marriott Marquis for the past 15 years.

FASHION
Fashion Fringe Gets an Edge
Tom Ford, who is on board as honorary chairman, should help raise Fringe's profile.
Fashion Scoops: First Glimpse ... Reading Between The Lines ... Moves At Puig
Reed Krakoff is a man with a vision ?- and connections.
Patrons Fete Drexel Student for Paris Fashion Win
Chic Philadelphians and some New Yorkers, too, turned out Friday night at the home of arts patron Martha McGeary Snider to honor the first American winner of Paris' prestigious fashion contest, Concours International des Jeunes Createurs de Mode.

BEAUTY REPORT
Beauty Beat: Marcella Cacci Resigns at Burberry ... Vaishaly Unveils Skin Care Line ... SPF: A New European Standard
Marcella Cacci, president of Burberry fragrances, has resigned for personal reasons, according to the brand's licensee, Inter Parfums SA.

IN TRANSIT
California Ports Focus on Capacity
The nation's busiest port at Los Angeles-Long Beach projects a congestion-free summer, but headaches for cargo shipping remain.
More Dumping in '05
Asian nations, led by India and Pakistan, last year initiated the highest number of antidumping investigations against global textiles exports, according to a World Trade Organization report.
Little Price Impact Despite Container Boom
The expansion of global container ship capacity, which is projected to grow about 50 percent by 2008, is likely to have a limited downward push on charter and freight rates, according to a Deutsche Bank Research study.

FINANCIAL
IT Holding Back to Black in Qtr.
IT Holding SpA returned to profitability in the first quarter, as stronger accessories sales boosted margins at the group.

WWD SOURCING HORIZONS
Sourcing Digest: A Golden Plan ... Taiwan Towel Dispute
Cambodia has embarked on a new bottom-up strategy to revive the country's famous golden thread silk industry.
Turning Away From the Low-Cost Model
The race to find the cheapest price in global manufacturing is ebbing in favor of a more sophisticated approach.
India Seeks Edge With Full-Package Approach
Gayatri Lal, head of design for Modelama Exports here, cautiously approaches new clients with design concepts for its brands.
Waiting for CAFTA to Deliver in Full
The fashion industry has been waiting nine months for the duty-free benefits promised in CAFTA to fully kick in, but snags and unexpected costs have led many firms to reassess their sourcing commitments in the region.
Mozambique Cotton Farmers Reap Reward of China Demand
The African textile industry has suffered since the abolition of global quotas in January 2005.
The Next Level of Corporate Responsibility
Major apparel brands and retailers are looking to go beyond their codes of conduct and cursory on-site factory audits to bring about a new era in corporate social responsibility.
The Politics of Port Security
U.S. and international ports, cargo containers and supply chains are still highly vulnerable to a terrorist attack.
Doha Tariff Talks Teetering on the Brink
The global trade talks aimed at lowering tariff barriers are threatening to collapse this summer.

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