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Thursday, January 18, 2007 TODAY'S TOP STORIES Jones Said to Look at Breakup After an aborted auction of the entire company last year, Jones Apparel Group may be contemplating plan B: a breakup. Bloomberg Seeks to Eliminate NYC Apparel Tax Mayor Michael Bloomberg's proposal to eliminate the city's 4 percent sales tax on clothing was welcome news Wednesday to retail executives. Juicy's New Village Hangout Juicy Couture just keeps thinking bigger when it comes to Manhattan. The fashion brand, owned by Liz Claiborne Inc., will open a store on Friday here at 368 Bleecker Street. _________________________________________________ Senior Mens Graphic Designer Action Sports Company based in Orange County is looking for a Senior Mens Graphic Designer. Responsible for leading, motivating, inspiring and creating the vision for the graphic department. Apply at wwd@24seveninc.com _________________________________________________ EYE Paris Scene From the sea to the shore, here are some shows, shops and eateries to hit during the couture. _________________________________________________ advertisement What if you had real-time access to all product information across your supply chain? With consumers demanding fast fashions, crises inevitably occur during the design and launch of new products. Read how you can deliver the right product to the right market at the right time and cost. Free white paper. http://www.centricsoftware.com/default.asp?url=literature_library§ion=whitepapers&id=05&oid=24&lsid=105 _________________________________________________ GENERAL In Brief: TJX Data Theft... Wal-Mart Health Ruling... Williams Exits Warnaco TJX Cos. said Wednesday that an unknown amount of data relating to debit, check and credit card transactions had been stolen from its internal databases, and could affect T.J. Maxx, Marshalls, HomeGoods, A.J. Wright and possibly Bob's Stores customers. Exhibit Celebrates Union Of Callas and Swarovski Demanding, superstitious and full-on glamorous: These are words often used to describe divas of the opera, especially Maria Callas. _________________________________________________ advertisement Serious about a career in Fashion Marketing? Earn a professional AAS degree at Parsons The New School for Design. Learn from leaders in the field and gain the skills and the global perspective you need to advance. Parsons AAS Open House, January 25th, 6:30 PM 65 Fifth Avenue, NYC. www.parsons.newschool.edu/fashionmarketing _________________________________________________ BEAUTY REPORT Beauty Beat: Hamburg Sells $1.6B Stake in Beiersdorf... Sally Beauty Appoints CFO... Number Six at Sundance The city of Hamburg has sold its 10 percent stake in Beiersdorf. TEXTILE & TRADE REPORT U.S. Begins Monitoring Vietnam Imports The Bush administration began collecting data on Vietnamese imports of trousers, shirts, underwear, swimwear and sweaters last week, kicking off a controversial program that eventually could restrain trade by imposing antidumping duties. U.S. to Amend Trade Pact Provisions Bowing to pressure from Democrats on Capitol Hill, the Bush administration said Wednesday that it would revise labor rights provisions in trade deals with Peru, Colombia and Panama before the measures are brought to a vote in Congress. _________________________________________________ WWD Fashion Career Expo February 9th - Gotham Hall, NYC - 10-3 Hundreds of pre-screened candidates meet hiring decision-makers of marquee companies in the fashion, retail and beauty industries for one day of interviewing. Visit www.FashionCareerExpo.com to attend. Contact Seth Berk at (212) 655-4505 ext. 244 or SBerk@FashionCareeerExpo.com to reserve your booth now! _________________________________________________ FINANCIAL Tax Breaks Divide DemsOn Minimum Wage Bill A rift between House and Senate Democrats has arisen over tying a minimum wage increase to tax breaks for small businesses. Warmth in 3 Regions Slows Apparel Sales Warm weather led to soft holiday apparel sales in the New York, Philadelphia and Richmond, Va., areas, according to the Beige Book, the Federal Reserve Board's anecdotal reading of the U.S. economy. Wholesale Apparel Prices Fall in December December wholesale prices on U.S.-made women and girls' apparel fell 0.4 percent compared with November and were down 0.7 percent from a year earlier. Going Global, Valuation Focus of Retail Parleys How to build a global brand and create shareholder value were two main themes at financial seminars held earlier this week. Top 10 Firms Sustain Worldwide Growth The biggest retailers are getting bigger. "The State of Global Retailing: Planting Seeds of Sustainable Growth" seminar at the National Retail Federation convention here drove home that point with a list of the top 10 retailers. Mills Corp. to Be Acquired for $7.5B The Mills Corp. may finally be at the end of its troubles. The beleaguered real estate investment trust, which last week conceded that it was considering bankruptcy, agreed Wednesday to be acquired by Brookfield Asset Management for $7.5 billion, including debt and preferred stock. Goody's Said Eyeing Turlinski Chuck Turlinski has emerged as a top candidate to become the next chief executive of Goody's Family Clothing, the Knoxville, Tenn.-based apparel, accessories and gift chain. Fila Sold to Fila Korea Less than four years after buying Fila, private equity firm Cerberus Capital Management has sold the Italian active apparel company. SPI Sues PacSun Over Samples It's a case of a little guy battling the big guy over samples. SPI Manufacturing LLC, a small supplier of private label sportswear, is suing Pacific Sunwear of California over alleged misappropriated samples and a resulting loss of business, in a $3.5 million lawsuit that includes punitive damages. THE WWD LIST DENIM REPORT American Chi Lights Up Contemporary clothing label American Chi is introducing the next evolution in back-pocket styling. Full Circle for Perry White Perry White has returned to the fabric that helped him start his career in fashion with the launch of his first full denim collection. Seconds of Royalcheese Paris denim gurus Catherine Leung and Nordine Yousfi are sticking with a food theme when it comes to retail expansion. THE BEAT Dresses Top Sellers At ENK's Intermezzo Summer was in the air at the three-day Intermezzo trade show here. ENK International's January edition at the Show Piers was busy with buyers who were on the hunt for fresh looks to complete their summer selling season. FASHION Lepore Hopes Shoppers Say 'Mirror, Mirror' Inspired by young people and their use of technology, interactive services firm IconNicholson and designer Nanette Lepore have created a shopping experience that merges the digital and the real worlds. Dana Buchman Names Wilson Creative Head Moving into its third decade in business, Dana Buchman is turning a page. Gen Art Names New Fashion Director Gen Art has tapped its own Lee Trimble to take over as fashion director, handling all fashion events and programming. Stephen Burrows Doing Daytime at a Lower Price Stephen Burrows is seeing the light of day. The designer, who has been rebuilding his business mostly with evening dresses fit for a disco diva for the last four years, is expanding his Stephen Burrows World label with a line of 25 matte jersey daytime dresses at lower price points than his regular line. MEDIA/ADVERTISING Memo Pad: Fashion Battle... Not-So-Extreme Makeover The fashion houses doing couture may be dwindling fast, but the party circuit certainly isn't thanks to Conde Nast Publications . | |||||||||||||||||
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Note: Full text of the articles contained in this email is available only to subscribers.
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