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_________________________________________________ Fashion Education at WWD.com WWD.com offers a comprehensive online directory of accredited fashion programs. With the ability to search for schools by location and degree, it's easy to find the fashion school that's right for you. To learn more, visit the Education Directory: http://www.wwd.com/education _________________________________________________ Tuesday, May 30, 2006 TODAY'S TOP STORIES The Season of M&A: Bidding on L&T, Jones Enters Second Round As private equity and real estate players continue to eye the retail and apparel sectors, this summer is likely to be a busy time on the M&A front. Critchell to Be Named Fred Leighton CEO Simon Critchell, a former Richemont executive, is set to be named ceo at fine jewelry firm Fred Leighton, industry sources said. Target's Apparel Success Intensifies Challenges From Rivals Target has set the pace in mass market fashion with designer partnerships, smartly executed store brands and limited-edition offerings. _________________________________________________ JOB OF THE DAY Senior Account Executive New York based private designer collection is seeking a senior account executive to head its wholesale and retail sales team. The right professional will have existing relationships with buyers at department and specialty retailers and will have extensive moderate/private sportswear experience. Base salary of 100-150k plus commission. Apply at wwd@24seveninc.com _________________________________________________ FINANCIAL Firms Keeping Eye on Saks Fifth Ave. Saks Fifth Avenue may not officially be up for sale, but that's not stopping financial and real estate firms from kicking the tires. Jil Sander Loss Hits $46.3 Million in 2005 Jil Sander AG saw larger losses and declining sales in 2005, but chief executive officer Gian Giacomo Ferraris said that the company is on track to meet its goal of posting a positive operating profit this year. Legal Briefs Cartier, Cartier International, and Vacheron Constantin, divisions of Richemont North America and Richemont International S.A., filed a trademark infringement lawsuit against FineTime Inc., Jeffrey Ho and other unnamed defendants. Avondale Mills Plans to Shutter Avondale Mills, one of the oldest U.S. textile manufacturers, is shutting down operations because of a chlorine gas accident outside one of its plants that killed nine people and mounting foreign competition. GENERAL _________________________________________________ Subscribe to WWD.com Get same-day delivery at a great rate! Subscribe to WWD.com and receive the latest issue starting as early as 12:01 EST. Plus, you'll have access to the last 14 days of Women's Wear Daily. Start your subscription now! _________________________________________________ BEAUTY REPORT Beauty Beat: Lotus Revs Up A New Scent The latest in the automotive fragrance field is Lotus, a scent that was launched in the Perfume Shop, the 140-door U.K. chain, in March. MEDIA/ADVERTISING Memo Pad: To The Quick ... Cents And Sensibility For Quick & Simple, finding success on the newsstand has been anything but. FASHION Fashion Scoops: Awards Redux ... Bye-Bye Ferragamo ... Stylish Sheep It seems podcasts are quickly becoming fashion's newest must-have obsessions. READY-TO-WEAR REPORT FIT Museum All Suited Up Walk the streets of any major city and it's easy to see women's suits have gone the way of springtime hats and gloves. Wardrobe NYC Specializes in the Quick Change The seemingly endless swell of galas, benefits and store openings this season has social New Yorkers running all over town to find the perfect garb, and Neva Lindner has a timely solution. Roswald Helps Natasha Law Make a Name for Herself Designers are forever likening their pieces to works of art, but London ready-to-wear designer Ann Louise Roswald has actually created an entire new collection with artist and illustrator Natasha Law. TEXTILE & TRADE REPORT Prato Mills Seeking Power in Numbers A four-year effort to create a lobby to represent Europe's 240,000 small to medium-size textile firms is close to reality. Schumer Holds Up USTR Vote Sen. Charles Schumer has delayed the confirmation of Susan Schwab as U.S. Trade Representative over concerns the Bush administration is not being tough enough on trade issues with China. EYE Stone's Throw AmfAR's 13th annual Cinema Against AIDS gala was its most sober yet, but it managed to raise a record $4.5 million, thanks to Sharon Stone. Night Owl An hour before the premiere of her new film, "Lying," at the Cannes International Film Festival, Chloe Sevigny is sprawled on a pillow-strewn wooden bench. Glitter Sisters Decked out in a black sequined dress from her upcoming holiday collection, Burch was making her U.K. debut at the store. | |||||||||||||||||
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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
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