Fashion Design

Wednesday, February 14, 2007

WWD Breaking News

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LVMH Profit Up 30%
Let private equity funds overspend on acquisitions. Bernard Arnault said he prefers to bank on the stars – both proven and budding – already in his LVMH Moet Hennessy Louis Vuitton luxury empire.

Jones Revenue Down at End of Fiscal Year
Jones Apparel Group on Wednesday posted losses in both the fourth quarter and the 2006 full-year period, attributable in part to previously announced non-cash charges, but the bright spot is still Barneys New York as it continues to exceed expectations.

EYE: Night at the Museum
New York's younger set spent the night at the museum—the American Museum of Natural History, that is, for the institution's annual Winter Dance.

Jacobs’ Day
Marc Jacobs’ celebrity pals will be turning out to cheer on the designer at his first Marc by Marc Jacobs show in London. The guest list includes Sofia Coppola, Selma Blair, Rufus Wainwright, Naomi Campbell, and Isla Fisher.