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Monday, July 10, 2006 TODAY'S TOP STORIES The Foot Locker Race: Group Headed by KKR Said to Lead Bidding Kohlberg Kravis Roberts & Co. is said to be a lead contender to buy the Foot Locker chain, possibly in a bid with Apollo Management. Federated Considering Epicenters IPods are one thing. Now Federated Department Stores is considering "buy-pods." Italian Firms Find Gold in Gems Lots of Italian fashion houses are turning to fine jewelry to add glitter to their store windows and sparkle to their bottom lines. _________________________________________________ JOB OF THE DAY Senior Technical Designer NYC based high end retailer is seeking a refined Senior Technical Designer for its women's cut and sew collection. The right candidate will be highly organized, extremely computer proficient with a strong wovens background and prior high volume experience (100 plus styles per season). Salary to $110k. Apply at wwd@24seveninc.com _________________________________________________ GENERAL FINANCIAL Dickson to Buy Hilfiger Asia-Pacific Operations Dickson Concepts, an Asian luxury goods retailer, said on Friday that it plans to buy Tommy Hilfiger Asia-Pacific operations for $50.8 million. Louis Vuitton Gets Appeals Court Win Louis Vuitton has won a round in its lawsuit against Dooney & Bourke. WWD Stock Index Cools 2.7% A surge in the price of oil, along with warnings by companies across several sectors that profits would be below expectations, chilled trading on Friday. More Job Cuts Hit Retail, Textile Sectors The retail sector lost 6,600 positions last month and U.S. textile and apparel producers shed a seasonally adjusted 2,700 jobs as overall employment grew by 121,000. EYE Kate Loves Short Shorts Trust Kate Moss, perpetual style icon and designer muse, to put her own spin on short shorts, as she has been all over London and Paris. Sweet Thing With the monopoly that downtown seems to hold on the city's nightlife, one wonders: If a bar opens above 34th Street, does it make a sound? PARIS COUTURE Going for Drama - Jean Paul Gaultier, Givenchy, Elie Saab An elegant theatricality, a dark cross-cultural vision and opulence laced with bold flourishes are some of couturiers' dramatic notions for fall. A Touch of Flou - Lanvin, Rochas, Azzaro, Martin Margiela, Anne Valerie Hash Breezy looks done with a deft touch and a bit of glamour lead the way for pre-spring and spring. BEAUTY REPORT All That Glitters Since couture is often about fantasy, designers gave models a generous sprinkling of fairy dust this season. Beauty Beat: Hirst: Look for Image Over Function Design guru Kenneth Hirst of Hirst Pacific has found that in today's saturated fragrance market, design has become more important than ever. ACCESSORIES REPORT State of Nature Couturiers aren't the only ones who've been holed up in their Parisian ateliers during the last few months beavering away on their collections. High Jewelry Cashes In at Couture The couture may be suffering an identity crisis, with the number of houses plying the haute craft on a downward spiral, but the rarified baubles of high jewelry are booming as never before. Samsonite in Design Deal With Alexander McQueen Samsonite has a new designer on the case -- Alexander McQueen. FASHION Fashion Scoops: Shop Talk ... Practical Magic ... Inspired Spree ... Alber Elbaz's makeover of Lanvin, which recently extended into men's wear, is about to hit the retail floor, too. INNERWEAR REPORT Big Brands Overtaking Celebrity Lines When it comes to lingerie, lifestyle is in, while celebrity brands are expected to increasingly lose their luster in coming seasons. READY-TO-WEAR REPORT Badgley Mischka's Bridal Push Badgley Mischka is taking a double-barreled approach to bridal with two new licensing deals. RETAIL Retailers' Cash Flow Tightens as Inventories Swell For the next two months, credit managers, analysts and factors will be keeping a close eye on retail inventory levels and other balance-sheet items at mass retailers as spending in the channel may be softening. HUMAN RESOURCES Class of '06: Industry Seeks Top Talent Help Wanted: College graduates with a passion for retail and fashion. Must be team players. MEDIA/ADVERTISING Memo Pad: Leaky Phones ... House Not Home For Zee ... NYT, Just A "Small Operation" Over the past few weeks, London's tabloids have gone quiet on news surrounding Paul McCartney's acrimonious split with wife Heather Mills. WWD WHERE AMERICA SHOPS Wooing the Fickle Consumer In a study commissioned by WWD, NPD Beauty interviewed 2,067 women across the U.S. via the Internet about their beauty shopping habits. Food Court The best way to shoppers' wallets might be through their stomachs. Developers and retailers are increasingly trying to lure customers with interesting dining experiences. | |||||||||||||||||
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Note: Full text of the articles contained in this email is available only to subscribers.
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