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 FASHION RETAIL BEAUTY SPORTSWEAR EYE MEMOPAD TEXTILES ACCESSORIES FINANCIAL  | Wednesday, March 07, 2007 TODAY'S TOP STORIES Iconix Acquires Rocawear, Puts Jay-Z on Brand Hunt Iconix Brand Group Inc. is branching out in more ways than one, from the acquisition of Rocawear to the establishment of a new brand management and licensing company that will make acquisitions. Payless Turns Focus to Brand Building Payless ShoeSource might be known for its affordable footwear, but the company has a new mission - brand building, including in apparel. Lauder Outlines Battle Plan for Global Growth The Estee Lauder Cos. is courting new customers with a spate of initiatives while steadfastly defending its core brands - and remaining on the prowl for acquisitions to grow its portfolio. _________________________________________________ Bra Designers New York based Apparel Company in need of a senior bra designer to contribute to its contemporary intimate apparel collections. The right professional will have prior intimate/foundation garment construction experience and will be technically proficient on both Photoshop and Illustrator. Salary up to $80K ? DOE. Please respond with "WWD Bra Designer" in the subject line of your email. Apply at wwd@24seveninc.com _________________________________________________ FINANCIAL Belk's Balance: Evolving With Acquisitions Belk Inc. built itself into the largest privately held U.S. retailer by providing moderately priced apparel in small towns across the South and Southwest. Escada Net, Sales Slip in First Qtr. While net profit slipped 5.6 percent on a sales decline of 3.3 percent, the Escada Group boosted earnings before taxes 13.5 percent and earnings before interest, taxes, depreciation and amortization 5.4 percent in the first quarter. Markdowns Take Toll on Chico's Profits Women's apparel retailer Chico's FAS posted a 59 percent drop in fourth-quarter earnings becuase of fashion missteps that resulted in heavy markdowns. Luxottica Earnings Rise 11.8% Luxottica SpA had rising profits and sales in the fourth quarter and issued an upbeat forecast for the current year, citing increasing demand for high-end fashion eyewear, particularly in the U.S. and developing markets like China. Shepherdson Sets Up Fund for Emerging Designers Jane Shepherdson, former brand director of Topshop, is ready to help emerging British designers succeed. Ferragamo Gets Exclusive for Maserati Not only does the latest Maserati GranTurismo Coupe offer more than 400 horsepower, innovative Pininfarina design and four-seat comfort - it comes accessorized with a set of suitcases and bags made exclusively by Salvatore Ferragamo. Pantone Takes Steps To Save Time, Money Pantone is preparing to launch initiatives to significantly reduce the time and money spent in the early stages of product development. Ray-Ban Campaign Touts "Never Hide" Message Ray-Ban wants its customers to make spectacles of themselves. _________________________________________________ advertisement EXPERIENCE THE LATEST REVOLUTION IN PREMIUM DENIM. Introducing XFIT LYCRA(R) fabric. A patented technology from INVISTA that provides 360 (degree) movement and exceptional comfort for a flattering, forgiving fit. Sensuous. Sexy. Self-Assured. Now available in J Brand and Serfontaine Jeans at select retailers. Join the revolution. Ellen Sevin - LYCRA(R) Brand Licensing Manager, INVISTA APPAREL 212-512-9456 ellen.sevin@invista.com www.XFITLYCRA.com _________________________________________________ IN THE MAINSTREAM C&C's Stansfield Leaves Claiborne Two years after Liz Claiborne Inc. bought C&C California for $28 million, Claire Stansfield, the remaining co-founder of the brand, left the company on Tuesday. C&C Sister Drives New Golf Line Olivia Stansfield learned an important lesson from her older sister, C&C California co-founder Claire Stansfield: If your closet lacks it, why not create it? Active's High-Tech Boost Demand for high-tech performance apparel, from weekend warriors and world-class athletes alike, helped drive up sales and average prices of sports apparel last year. EXECUTIVE TECHNOLOGY Ross, Bon-Ton Speed Data The appetite for business intelligence that reveals a competitive opportunity or insight has never been greater. At Ross Stores, those tasty nuggets of knowledge are now served up 20 times faster, giving buyers more agility. Who's Minding the Store? Each time consumer information falls into the wrong hands, such as the data breach at TJX and more recently those at Stop & Shop Supermarkets and Fruit of the Loom, the blame game kicks off: How did this happen? Marimekko: Two Weeks to Market With New Software New product life cycle management software from UGS helped Marimekko grow its export sales by 35 percent last year. WWD WEST Newcomer Knit Brands, California Style Southern California is considered the birthplace of designer jeans and cool Ts. Youth Movement: Dad, Daughter Project Becomes Label After selling his third start-up company in 2004, action sportswear veteran Jeff Yokoyama was ready for a break from the apparel industry. But things didn't quite work out that way. _________________________________________________ STILL NOT A SUBSCRIBER? WWD.COM is the fashion industry's must-have business tool! Get all the day's industry news, up-to-the-minute breaking news, web exclusives, complete classified listings and more. http://www.wwd.com/jump/subscribe _________________________________________________ VISUAL DISPLAY Redesigning Mannequins for an Upscale Image So what if they don't speak or move? Mannequins must have a point of view. Lord & Taylor's Water World Lord & Taylor will demonstrate its splashier side when it unveils its summer windows and catalogue on April 12. MEDIA/ADVERTISING Memo Pad: Take Two... In A Bubble... Artful Exit... If the March cover of Details with David Beckham looks familiar, it's because it is. A similar shot of Beckham appeared on the magazine's August 2005 cover - both issues show Beckham wearing the same button-down, open-necked Prada white shirt, shot by Tom Munro in 2005. BEAUTY REPORT Avon Taps Hudson to Face Imari Jennifer Hudson, who won an Academy Award for Best Supporting Actress on Feb. 25, has signed a deal with Avon to become the face of the company's Imari fragrance brand. GENERAL In Brief Workers' compensation legislation intended to increase benefits for injured workers for the first time in more than a decade and reduce employers' costs by 10 to 15 percent passed the New York State Senate and Assembly unanimously on Tuesday. |  | ||||||
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