Fashion Design

Thursday, May 18, 2006

WWD Headlines

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Thursday, May 18, 2006
TODAY'S TOP STORIES
Taking a Hammering: Retail Shares Plunge On Fears of Inflation
Higher consumer prices across the economy raised concerns of inflation among economists and prompted a sell-off on Wall Street.
Parasuco Banking on N.Y. Flagship
The opening of Parasuco's first New York store is the culmination of a five-year desire to buy an old bank building and a $12 million investment.
The House the Knowleses Built
Beyonce and Tina Knowles have added another category to House of Dereon, a junior line called Dereon that bows for holiday.

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Marketing Coordinator
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GENERAL
In Brief: A Converse Ruling ... House Of Taylor Sells Notes
A brief look at some of the day's stories.

RETAIL
Trump Fuels Speculation Over Asprey Site's Next Tenant
Out-of-town department stores have been searching Manhattan for a site, and Donald Trump said one might work in Trump Tower.

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MEDIA/ADVERTISING
Fall Gucci Ads Go Nocturnal
Evening has descended on Gucci's fall ad campaign.
Memo Pad: Inside Out ... Gossip Girls ... Lotta Nerve
In selecting Time's new managing editor, Time Inc. editor in chief John Huey managed to find someone who is both a nominal outsider and a seasoned veteran of the newsweekly.

READY-TO-WEAR REPORT
Target Talks Up Specialty Apparel at Annual
Target executives said the chain will build on initiatives to bring newness to apparel and implement its "great design at affordable prices" strategy.
PacSun Looks to Improve Juniors
Pacific Sunwear chief executive officer Seth Johnson said Wednesday that the company is looking to a more trend-conscious assortment of denim, T-shirts and footwear to boost sales in the junior women's apparel division.

FASHION
Fashion Scoops: Elie Hits Hamptons ... Valentino And Vienna ... Picture Perfect ...
Elie Tahari has found another place in the Hamptons to hang his company's name.
The Station Master
Karl Lagerfeld is all worked up as he holds court in a room at the Mercer Hotel on Tuesday afternoon, his entourage having taken over the entire sixth floor for fittings, styling, hair and makeup trials, look-book photos and the like.

EYE
Around The Pool
LVMH's Bernard Arnault and Dior's Sidney Toledano hosted a sumptuous dinner at the Four Seasons after the fashion house's cruise show.
City of Love
The mountain of bold-faced names attached to the film "Paris je t'aime," which premieres tonight in the "Un Certain Regard" competition at the Cannes Film Festival, could result in one very crowded movie poster.

ACTIVE LIFESTYLE
Champion Launches an O2Cool Line
Champion rolled out its new women's performance athleticwear line, O2Cool, at Disney's Minnie Marathon Weekend.
Heatherlynn's Twist: Vitamin C Activewear
New activewear brand Heatherlynn is using a fabric infused with vitamin C that is designed to be released into the wearer's skin.
Zumiez Inc. to Acquire Fast Forward Stores
Action sports apparel retailer Zumiez Inc. has signed an agreement to acquire Fast Forward, a mall-based retailer specializing in skateboarding apparel, accessories and hard goods.
Sidelines: Reebok Taps Executive ... Puma's New Showcase
Uli Becker has been named head of global marketing for the Reebok brand.

BEAUTY REPORT
Beauty Beat: Firmenich to Consolidate With Focus on 'Synergy' ... Tunstall Sings Origins' Tune
Firmenich is consolidating its fine fragrance and home and body care divisions in its North American offices.

THE WWD LIST
Dream Jobs
The ideal employers chosen by undergraduates interested mainly in the fashion, retail and apparel sector.

FINANCIAL
J. Jill Buy Hits Talbots 1Q Profit
Still digesting its J. Jill acquisition, Talbots Inc. reported first-quarter earnings Wednesday fell 21 percent on a 1.5 percent sales gain.
Strong Sales Lift Specialty Retailers
Improved sales and fewer markdowns drove the top line and gross profit margins of specialty retailers reporting results this week.

TEXTILE & TRADE REPORT
Textile Group Up in Arms Over Vietnam Trade Deal
Free-trade deals have been negotiated with Peru and Colombia and are pending in Congress.

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