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Wednesday, January 24, 2007 TODAY'S TOP STORIES Divergent Strategies: VF Focuses on Lifestyle As Buffett Grows Fruit VF Corp. is now all about lifestyle, while Warren Buffett is out to get more intimate with America's consumers. Coach 2Q Net Up 30.6%, Raises Guidance for 2007 Coach Inc., which easily beat Wall Street's second-quarter expectations, raised its full-year 2007 guidance Tuesday, and indicated that with a $7 billion playground, the company has plenty of opportunities to grow. Seeing Red Giorgio Armani is zeroing in on Cate Blanchett. Olivier Theyskens has already landed Reese Witherspoon for Nina Ricci. _________________________________________________ Denim Designer National Retailer seeks Denim Designer. Will be responsible for denim concepts for in-house line. Must have experience with denim finishes and washes, garment fit and construction. Successful candidate will have 5+ years experience with apparel design, focused on denim. Must be highly proficient with Illustrator and Photoshop. Apply at wwd@24seveninc.com _________________________________________________ GENERAL In Brief: Aeffe Taps GM ... KC Gets Hype ... De Grisogono Appointment ... A brief look at some of the day's stories. Fondazione Prada Outlines '07 Exhibition Plan After its first 10 years, Fondazione Prada is assessing its property -- and it is literally sizable. Adidas North America Appoints President Patrik Nilsson, managing director of the Nordic region of Adidas Europe, has been named president of Adidas North America. Nike Taps Chief Executive Officer for Exeter Nike Inc. has named Clare Hamill president and chief executive officer of its wholly owned Exeter Brands Group. _________________________________________________ advertisement Introducing W magazine's Big, Bold Beauty Issue - April, 2007 W is the place to be this spring as our editors uncover the best and most innovative products, treatments and talent shaping the beauty industry. A must-buy, W is the resource for the most passionate and influential beauty consumers anywhere. On average they spend more on beauty than the readers of any beauty magazine*. Issue closes February 5th. Please contact Nina Lawrence, Vice President and Publisher, at 212.630.5846 to learn more. * Mendelsohn 2005-2006 Double-Base Survey; Base: Total Women. _________________________________________________ FINANCIAL Gap CEO Search: A Narrow Field Gap Inc. has just put in a tall order -- finding a chief executive officer for the struggling group. Revenues Rise At Richemont In 3rd Quarter The weakening of the dollar and yen against the euro dented sales growth at Compagnie Financiere Richemont SA in the third quarter ended Dec. 31. Luxottica Sales Gain in Qtr., Year A strong euro-to-dollar exchange rate bit into Luxottica SpA's fourth-quarter sales, but the company still managed to post double-digit growth for full-year 2006. _________________________________________________ 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 _________________________________________________ FASHION Theme Songs - Valentino, Elie Saab As the spring couture collections continued, both Valentino and Elie Saab worked variations on highly specific themes: the color white and a blaze of sequins, respectively. The Other Side of Paris - Anne Valerie Hash, Felipe Oliveira Baptista This season creates an opportunity for some ready-to-wear designers, whose small shows are sandwiched between the couture presentations. Fashion Scoops: In The Pink ... New Arrivals ... Velvet Rope ... "Wow, those are some boots!" said Kate Bosworth, gawking at a pair of glossed-up patent leather thigh-highs worn by Numero's Babeth Djian at Chanel's celebrity-packed couture show on Tuesday. Bosworth said she was happy to get started filming her new flick, "21." Fashion Week Goes 'Live' in Key Markets Seeking to give a glimpse of New York's runway shows to the rest of the country, IMG Fashion announced plans Tuesday to bring FashionWeekLive to Chicago, Dallas, Houston and San Francisco in March. IN THE MAINSTREAM GarfieldMarks: Fourth Time's A Charm? The new owners of GarfieldMarks, which has changed hands for the fourth time in seven years, think they finally have a winning formula of private equity and strategic partners. Heaven's Brand Pushes Message of Unity The new Heaven's Luxury Brand is as much about peace and unity as fit and fabric. _________________________________________________ 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! _________________________________________________ BEAUTY REPORT Beauty Beat: The Body Shop, MTV Do Scent to Raise Funds for AIDS ... L'Oreal Upgrades Canadian Plant The Body Shop has teamed up with MTV Networks International to launch an HIV and AIDS fund-raising and awareness campaign called Spray to Change Attitudes. TEXTILE & TRADE REPORT Senators Push Law Banning Sale of 'Sweatshop' Imports A bipartisan group of senators introduced legislation Tuesday that would ban the sale in the U.S. of imported products deemed to be made in "sweatshops" overseas. WEF to Focus on China and India, Doha Trade Talks The ongoing shift in economic power from Europe and North America to emerging giants such as China and India, and high-level ministerial talks aimed at jump-starting the suspended Doha global trade talks, are expected to loom large at the annual World Economic Forum meeting that begins today in Davos. RETAIL NorthPark Center Brings Runway to Dallas NorthPark Center's five anchors, along with 11 specialty stores, are participating in Fashion at the Park, four days of runway shows, benefits and parties. MEDIA/ADVERTISING Memo Pad: More Shelter ... Flipping Out ... Wise Girls It looks like another interior design magazine is coming soon, this time from Ty Pennington, best known as the host and design leader of the ABC series "Extreme Makeover: Home Edition." ACCESSORIES REPORT Publicity Roulette For Accessories Accessories manufacturers want a share of the red-carpet spotlight, but for them it's a bit of a gamble. EYE Sundance Scoops: Wheeling And Dealing ... Kennedy Charm ... Worth Watching ... The Sundance Film Festival is, after all, about movies. | |||||||||||||||||
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Note: Full text of the articles contained in this email is available only to subscribers.
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