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Thursday, June 15, 2006 TODAY'S TOP STORIES Jones on the Block: Giant Eyes Vera Deal As Equity Firms Circle Jones Apparel Group may be in play, but that doesn't appear to be stopping the apparel giant from courting new deals. Sales in Asia, Spain Boost Inditex Net Strong business in Asia and Spain drove up first-quarter profits 20 percent at Inditex, parent of the fast-growing chain Zara. Retail Prices Rise 0.4% in May Retail prices on women's apparel rose a seasonally adjusted 0.4 percent in May, a hike equaling the increase for all goods and services. _________________________________________________ JOB OF THE DAY Technical Designer NYC high-end designer boutique needs a skilled and experienced Technical Designer to contribute all aspects of design process, from tech packs to grading. Prior high end/contemporary experience required. Salary up to $70k. Apply at wwd@24seveninc.com _________________________________________________ GENERAL In Brief: Levi's Goes Organic ... Guess Names CFO ... Mervyns Appointment ... A brief look at some of the day's stories. Obituary: Jerry Brandt, Founded Buying Service Jerry Brandt, founder of the Brandt Off Price Buying Office, died Monday at his home in Pompano Beach, Fla. He was 90. Malverdi Said Joining John Galliano John Galliano, gearing up to launch a second ready-to-wear line, will soon welcome a new top manager, WWD has learned. FASHION Celebrating Costa: CFDA Award Alters Status Much has changed for Francisco Costa being named the Womenswear Designer of the Year at last week's 2006 CFDA Fashion Awards. Fashion Scoops: Phillip's Foibles ... Decorating Needs In his many decades as Queen Elizabeth's consort, Prince Philip has asked native Australians if they "still throw spears," and he once warned British students they'd get "slitty eyes" if they remained too long in China. Dior, Chanel Looks Highlight Nassau Museum Exhibition Fashion is the focus of a new exhibition at the Nassau County Art Museum. MEDIA/ADVERTISING Memo Pad: Peon Homage ... Daddy's Girl Often, it's hard to understand what private public relations companies do to earn their retainers beyond setting up voice mail for event RSVPs and crisis management. _________________________________________________ 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 _________________________________________________ EYE Hawaii 5-0 Shorts are not the usual attire for a Manhattan social event, but the Hawaiian theme at the New York City Ballet's annual Dance with the Dancers Monday night inspired all sorts of comstumery. THE BEAT DENIM REPORT Urban Brands Focused on Fit Once a dumping ground for loose and baggy hand-me-down styles that sold well in the men's lines, but were tweaked for the female body, the women's urban apparel sector has evolved to feature better fits and more fashion. THE WWD LIST The City of Retail Dreams Top Manhattan retail corridors ranked by their changes in asking rents per square foot. TEXTILE & TRADE REPORT Bush Acknowledges Need For Textiles' Special Status The Bush administration said textiles and apparel should receive "special consideration," but stopped short of supporting a Turkish plan to hold separate negotiations for the sector in the World Trade Organization's Doha trade liberalization talks. BEAUTY REPORT Beauty Beat: Shiseido to 'Integrate' Two New Brands Into Japanese Market ... Scherrer to Launch Women's Fragrance ... Parlux CEO Makes Buyout Offer Shiseido will launch two new brands in Japan for fall and the firm expects the businesses to generate sales of 30 billion yen, or $260 million at current exchange, by the close of the fiscal year next March. RETAIL In the Pink: Chain to Open in King of Prussia Thomas Pink plans to open its 16th boutique in August in the King of Prussia Mall in King of Prussia, Pa., as part of its strategy to extend its retail reach with freestanding stores. FINANCIAL PPR Said Exploring Sale of Printemps Will PPR, the French retail giant that owns Gucci Group, unload its Printemps department store chain? | |||||||||||||||||
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Note: Full text of the articles contained in this email is available only to subscribers.
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