Fashion Design

Tuesday, May 23, 2006

WWD Headlines

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Tuesday, May 23, 2006
TODAY'S TOP STORIES
Hilfiger Slims Down: 230 Jobs Cut in U.S., New Team Appointed
Tommy Hilfiger Corp. plans to substantially reduce its New York staff and name a new management team under new ceo Fred Gehring.
Wet Seal Loss Expands on Charges
Weighed down by charges, Wet Seal Inc. posted a wider loss in the first quarter, but said operating income came in higher than expected.
Diamond Politics Usher in New Era
Diamond merchants are working to ensure that the sparkling gem remains a girl's best friend instead of a product caught in controversy.

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JOB OF THE DAY
Visual Merchandise Manager
Talented and creative Visual Manager needed for New Jersey based retailer. The right candidate will have prior management experience, a demonstrated familiarity with the design and execution of floor plans, as well as a history of hands on visual merchandising. Luxury experience or experience with home furnishings a plus. Must have a car!
Apply at wwd@24seveninc.com
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GENERAL
In Brief: Wal-Mart's South Korea Sale ... Mossimo Posts Loss
A brief look at some of the day's stories.
Wedded Bliss
How do you create the perfect wedding?
Obituary: Corinne Coombe, Retail Veteran
Corinne Coombe, a veteran of luxury retail and fashion firms who was instrumental in the rise of Bergdorf Goodman in the Eighties, died Thursday at Memorial Sloan-Kettering Cancer Center.

FINANCIAL
Burani Set to Sell Pellettieri Shares
Mariella Burani Fashion Group expects to raise $132.7 million to $157.9 million from the flotation of its accessories subsidiary Antichi Pellettieri.

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RETAIL
Boutique Captures Beccaria's World
Luisa Beccaria wants to show what her world is all about through her newly renovated boutique in Milan's artsy Brera district.
Forty Five Ten Readies for Barneys
Forty Five Ten, a Dallas store known for ahead-of-the-curve chic, will face its biggest test when Barneys New York opens in September.

EYE
Croisette Crawl
Despite the snowflakes, glaciers and polar bears hanging from the ceiling, temperatures soared at Chopard's annual Trophy Awards dinner.
Ode to Love
Talk about bridging the cultural divide.

READY-TO-WEAR REPORT
New George in Town
Wal-Mart's classic clothing brand, whose design roots are in Britain, will offer a capsule collection by Mark Eisen, to bow for fall.
Miller Finds a Home in Harlem
While most designers are scouring downtown for the perfect store location, Nicole Miller settled in Harlem's relatively new N Boutique.
Shoshanna Takes to Airwaves
Shoshanna Lonstein is gearing up for her on-air debut.
Henri Bendel's Summer in the City
Henri Bendel has set up Summer Space, a temporary shop on the Fifth Avenue flagship's third floor earmarked for summer necessities such as books, T-shirts, beach bags, art, cocktails and gifts.

TEXTILE & TRADE REPORT
Outsourcing's Other Side
Companies that move manufacturing abroad to lower production costs stand to benefit from comparative advantages, but also run a risk of creating new competitors, a global report said.
Deputy USTR: No Vietnam Changes
The White House won't push for quota restraints or a special textile safeguard on Vietnam in its next phase of joining the WTO.

FASHION
Fashion Scoops: More Space ... Beaming Out ... Bailey's Snapshots
Calvin Klein has another set of new digs. The 64-year-old designer just bought into the Chelsea Arts Tower, the 20-story office development at 545 West 25th Street, a source said.

MEDIA/ADVERTISING
Memo Pad: Fair-Y Tales ... Half Empty
Whatever Michael Roberts' workload was as fashion director of The New Yorker, he seems to have at least tripled it since taking on the role of fashion and style director of Vanity Fair.

BEAUTY REPORT
Beauty Beat: Innovation Abounds at Luxe Pack Conference ... Parfums d'Image Sees Large Sales Rise
Attendees at this year's Luxe Pack New York packaging show have developed a new attitude -- toward innovations and marketing concepts.

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