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Wednesday, June 14, 2006 TODAY'S TOP STORIES Finding the Right Match: PVH in Acquiring Mode, Is Said to Eye Warnaco Phillips-Van Heusen may be exceeding its quarterly financial projections, but it remains hot on the acquisitions hunt to maintain the momentum. Wal-Mart Tailor Makes Jersey Store Wal-Mart rolled out a new customized store in New Jersey on Monday that targets two consumer segments. Summer in the City: A Laid-Back Approach Working women facing a hot summer in the city are often baffled by how to dress appropriately for the office. _________________________________________________ JOB OF THE DAY Technical Designer San Francisco outdoor sports company is seeking Technical Designers with experience in base layer fabrication and technical outerwear. Must have solid Photoshop and Illustrator skills and a demonstrated understanding of outerwear construction and fit. Great company, great benefits, salary to $70k. Apply at wwd@24seveninc.com _________________________________________________ FINANCIAL HMD Sells Stake in Escada The private equity firm HMD Partners, based here, has sold its controlling stake in Escada AG to the Swiss finance group Finartis for an undisclosed sum. Miami Pair Convicted of Counterfeiting Brands ranging from Cartier and Prada to Fendi and Gucci have one less counterfeit operation to worry about. Wholesale Apparel Prices Rise in May Prices on U.S.-made women's and girls' apparel rose 0.5 percent in May, but fell 0.2 percent for the year, the Producer Price Index showed. J. Crew Details IPO Plan The common stock has been approved for listing on the New York Stock Exchange under the symbol JCG, the filing said. May Apparel Sales Up 0.2% Consumers increased retail spending modestly last month, although economists anticipate more of a slowdown as higher interest rates and sagging consumer sentiment take a toll. GENERAL Providing 'A Better Chance' Stephen Sadove, chairman and chief executive officer of Saks Fifth Avenue, used a bit of marketing know-how on Friday during a luncheon to benefit A Better Chance, which helps gifted students of color. Obituary: Joseph Augeri, Former L'Oreal Executive Joseph Augeri, one of the driving forces behind the meteoric rise of Lancome in the U.S., died at his home in Palm Beach, Fla., Sunday after a long battle with cancer. ACCESSORIES REPORT Sam's Previews Well-Priced Luxury The company on Tuesday showcased some of its holiday fare for reporters. The theme was affordable luxury. Princess Margaret's Jewels Hit Auction Block Bidders from around the world scrambled for pieces of royal history Tuesday as Princess Margaret's jewels went under the hammer at Christie's in St. James'. _________________________________________________ Check out what's new on WWD.com Get exclusive access to the latest news from WWD Scoop, The Magazine, Beauty Biz and more! www.wwd.com/wwd/scoop www.wwd.com/wwd/themagazine www.wwd.com/wwd/beautybiz www.wwd.com/wwd/accessories www.wwd.com/wwd/salon www.wwd.com/wwd/beautyreport www.wwd.com/wwd/fast _________________________________________________ FASHION Frock The Boat The proposed craft, SeaStyle, will have enough floor space to house up to 12 designer boutiques. Fashion Scoops: Peace Reigns Despite reports to the contrary, there are no new legal spats between Tim Schifter's firm, Schifter & Partners, and Brand Science, an affiliate of Accessory Network that does business as LeSportsac. READY-TO-WEAR REPORT Delta Jets Into Henri Bendel's Windows Delta has touched down in Henri Bendel's Fifth Avenue store with airport-inspired window displays, in-store activities and special events designed to show off the airline's international expansion. MEDIA/ADVERTISING Memo Pad: Best Launch Ever ... Rose Returns ... Rating The Mags Bauer Publishing always seems to have two or three new magazine concepts in the hopper, although rare is the one that makes it onto newsstands. BEAUTY REPORT Beauty Beat: Floris to Unveil Bath Line Floris is hoping to make a splash with a new bath and body line. TEXTILE & TRADE REPORT Bipartisan Push for Vietnam Pact A bipartisan Congressional group joined USTR Susan Schwab to roll out legislation granting Vietnam permanent normal trade relations status. WWD EXECTECH Bits & Bytes The first real-world store to open a virtual store in online game Second Life is American Apparel. CIOs Take Honors at Party Winners of WWDExecTech's CIO/IT Leadership & Innovation Awards were toasted here last month at the historic home to the Chicago Symphony Orchestra. IN THE MAINSTREAM Beating the Heat Much of corporate America still imposes buttoned-up dress codes for the summer months, but a random inspection of women in Midtown Monday proved there are always ways to bend the rules. WWD WEST Lightened-Up Looks in L.A. Designers and rtw firms showed their lighter side at the Los Angeles market, turning to jewel tones and sun-bleached hues. West Watch: Blue License ... Black-Tie Birthday ... Taking A Bow Blue Cult's parent company, Universal Blue, said nZania LLC will produce its junior brand Blue 2 under license in Asia and take over distribution and sales of premium denim brands, including Blue Cult and Sacred Blue. | |||||||||||||||||
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Note: Full text of the articles contained in this email is available only to subscribers.
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