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Wednesday, July 19, 2006 TODAY'S TOP STORIES Buzz Meets Bottom Line: Procter & Gamble Closing Rochas Fashion House Despite wide critical acclaim for designs by Olivier Theyskens, the Rochas fashion house is to be shuttered, WWD has learned. L Capital Buys Majority Stake in Piazza Sempione L Capital, a private equity fund sponsored by LVMH, has acquired a majority stake in Piazza Sempione, a high-end Italian fashion manufacturer. Target Drags Retail Shares Lower Retail stocks took a dive Tuesday after Target lowered its July sales forecast, raising concerns among jittery investors about the industry's performance in the second half. _________________________________________________ JOB OF THE DAY Production Assistants NY based apparel company needs production assistants for its branded apparel lines. These positions will be responsible for detailing CADS and creating techpacs. The right candidates will demonstrate knowledge of garment construction / fabrication as well as familiarity with Excel and Photoshop. $35K-45K Apply at wwd@24seveninc.com _________________________________________________ GENERAL In Brief: Simpson And Skechers ... Markwins President To Resign A brief look at some of the day's stories. Versace Names U.S. Executives Versace has rounded out its U.S. team of wholesale division executives. WWD WEST Fashion Retail Thrives in S.F. Nabe San Francisco's Hayes Valley neighborhood has evolved from one of the city's seediest districts into one of its chicest enclaves. _________________________________________________ Style Starts Here Subscribe to WWD and receive the newspaper 5 days a week Monday through Friday. Your print subscription includes the spring and fall issues of WWD The Magazine, issues of WWDSCOOP, market supplements on accessories, denim, swimwear and much more! Click here to subscribe or call 1-800-289-0273. _________________________________________________ IN THE MAINSTREAM Gant to Launch Women's in Canada Gant is extending its distribution deal with Toronto's Jaytex Group to retail its women's sportswear for spring 2007. FASHION Fashion's Fast Track: Season of Change Designer fashion is going through some major shifts, which could define how observers look back on the fashion decade. CFDA Adds 18 to Membership The Council of Fashion Designers of America approved the addition of 18 designers to the organization. MEDIA/ADVERTISING Memo Pad: Color Me Bad ... Adding To Portfolio ... Masthead Moves Somewhere between "Spider-Man" russet and Versailles platinum, Kirsten Dunst's hair evidently has been left the worse for wear. BEAUTY REPORT Beauty Beat: An Altruistic Spin On Home Scents ... Nancy Feetham Promoted at Estee Lauder With the fall launch of a home fragrance brand called Altru, Manuela Testolini Nelson, who is married to pop superstar Prince, will take her first steps into the beauty arena. TEXTILE & TRADE REPORT USTR Hopeful As G8 Leaders Set Trade Talks U.S. Trade Representative Susan Schwab said here Tuesday that the renewed commitment by G8 leaders on the stalled global trade talks could provide the needed impetus to reach an accord. FINANCIAL Done Deals And In Development: Like Weather, Retail Deals Heat Up The sweltering heat may be making shoppers sluggish, but retailers are continuing to ink deals and open new stores at a clip in New York City. | |||||||||||||||||
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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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