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Friday, August 11, 2006 TODAY'S TOP STORIES Chaos of Terrorism: Stepped-Up Security Hits Duty Free Sales The thwarted terrorist plot targeting U.S.-bound flights from the U.K. could affect business travel and duty-free shopping at airports. J.C. Penney's Profits Soar 36.6% J.C. Penney's second-quarter income rose 36.6 percent, helped by strength in private label brands and a rebound in women's apparel. Badgley Mischka Delves Into Bridge After years of putting on the glitz with their eveningwear, Mark Badgley and James Mischka are toning things down a bit with their first bridge sportswear collection. _________________________________________________ JOB OF THE DAY Technical Designer Well-known NYC Menswear brands needs a skilled and experienced Technical Designer to contribute to all aspects of the design process, from tech packs to grading. Prior high end/ contemporary experience and demonstrated familiarity with WebPDM required. Salary to $70k. Apply at wwd@24seveninc.com _________________________________________________ FINANCIAL Revenues, Food Boost Target's 2Q Net Target Corp.'s second-quarter profits jumped 13 percent, to $609 million, boosted by higher food sales and revenue from its credit card business. PacSun Sees Earnings Fall 54% A tepid start to the back-to-school season pulled down Pacific Sunwear of California Inc.'s second-quarter earnings by 54 percent. Weak Comps Drag Down Urban Outfitters Net Urban Outfitters Inc. on Thursday posted a 16.1 percent decline in second-quarter earnings, hurt by rising fixed-store occupancy expenses caused by same-store sales declines and additional markdowns to clear seasonal inventories. GENERAL Quote of the Week "I look like I should be a crazy drug addict, but, really, all I do is knit, drink tea and hang out with my kitties." A Brief Look at Some of the Day's Stories New Balance has acquired Brine Inc., an industry leader in soccer, lacrosse, field hockey and volleyball apparel and equipment for women, men and children BEAUTY REPORT Clarins Group Ramps Up With Skin Care Additions Clarins is firming up its fall launch schedule with four products Liquid Satin Joins Parker Lineup Sarah Jessica Parker is following up the smash Lovely Sarah Jessica Parker scent with Liquid Satin, a new twist on the fragrance, next month. Thia Breen Promoted at Lauder The Estee Lauder Cos. is expected to name Thia Breen to the new post of president, Estee Lauder Americas and Global Business Development. Perfumania On Track With Expansion Perfumania stayed on plan and opened 32 stores last year, and this year is on track to open 35 stores; another 40 are planned for next year. Manuel Offers Product Enhancers Jay Manuel of "America's Next Top Model" is preparing to launch Manuel Override, a full cosmetic skin and color line designed to enhance products used in consumers' everyday beauty regimens. Critical Mass: Retailers Embrace Crucial Times The next few months could prove to be pivotal for the drugstore industry. Men's Corner: Alphamale Looks to Grow Opie Lopansri, the 24-year-old founder of a new product line called Alphamale Skincare for Men. Snippets: Trend Report ... Laszlo Luxe ... Beauty At A Price ... To get the masses primed for fall, Redken and Vogue magazine have become partners to present the most popular hairstyles from fall Fashion Week. Adding Up Beauty: Chains Give Exclusives Special Treatment Their nameplates may vary, but in consumers' eyes, mass retailers, drugstores included, can look remarkably similar to one another. Inter Parfums 2Q Sales Up 15 Percent Inter Parfums Inc. reported flat earnings for the second quarter ended June 30. Arden Aims to Plump Up Lip Business Elizabeth Arden is getting ready to give the industry some lip this fall. Tess Targets the Teen Market Teens can turn to Tess for their skin care needs just in time for back-to-school. Fresh Plants a Seed With Microderm Kit Fresh is hoping apples are in season this fall as it launches Appleseed Resurfacing Kit Confident Ralph Holds Court At Polo's Annual Meeting Ralph Lauren clearly is equipped for all kinds of questions. Better Margins Propel Kohl's Kohl's Corp. said second-quarter earnings climbed 24.1 percent, to $232.4 million, as sales increased 14 percent, to $3.29 billion. _________________________________________________ WWD100 The big names score once again in this, the ninth annual WWD100 survey of consumer brand awareness. Check out the fashion and accessories names women know best. http://www.wwd.com/wwd/wwd100 _________________________________________________ Get 3 months free when you subscribe to WWD.com For a limited time, sign up for a one year subscription to WWD.com and get three extra months at no extra charge! (For new subscribers only) https://www.pubservice.com/fcarchive.aspx?PC=WO&PK=46515mo _________________________________________________ FASHION MEDIA/ADVERTISING Memo Pad: Logging On ... Ring Around The Tabloids ... Moving On ... Joanne Lipman's search for an experienced Web editor to spearhead the much-anticipated launch of Portfolio's Web site, set to go live next April, ended Thursday. RETAIL Nordstrom to Sell ONE T-Shirts Nordstrom has a charitable strategy to draw shoppers to its stores next month and raise social consciousness. Thai One On: Region's Biggest Mall Opens Thai faith in the power of retailing has not been shaken by a slowing economy or recent outbreaks of bird flu. TEXTILE & TRADE REPORT Apparel, Textile Imports Set Record High Apparel and textile imports hit an all-time high of 4.8 billion square meter equivalents in June. | |||||||||||||||||
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Note: Full text of the articles contained in this email is available only to subscribers.
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