Fashion Design

Wednesday, March 21, 2007

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Wednesday, March 21, 2007
TODAY'S TOP STORIES
Taking a Hard Look at Liz: McComb Evaluates Brands Focusing on "Real Growth"
William L. McComb, the new chief executive officer of Liz Claiborne Inc., wants brands with the right stuff.
Claire's Acquired for $3.1B
Claire's Stores Inc. said Tuesday it will be acquired by Apollo Management LP for $3.1 billion.
The Next Generation
A family business looks at new strategies for growth.

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Sales Manager
Contemporary ladies brand based in New York City is looking for experienced sales executives to work with specialty and better department stores. The label is well known and has a good track record. Ideal candidate is someone who has previous experience working with a high end company. Salary up to $80-125K. Please respond with "WWD Sales Manager" in the subject line of your email.
Apply at wwd@24seveninc.com
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WWD CALIFORNIA IN DEPTH
They Have Issues
California's industry leaders discuss their companies' main economic concerns.
Hurry to Hollywood
Will the rapid gentrification of L.A.'s most famous district drive indie fashion elsewhere?
Strength and Vulnerability
California's economy is healthy, but the housing slowdown and higher energy costs might represent perils for apparel retailing and manufacturing.
What Next?
A look ahead to rising trends in seven of California's key fashion categories.

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New from WWD, DNR and FN
fashioncareers.com
Introducing the premier online career center, launching Monday, March 26.  fashioncareers.com will deliver quality, targeted search results and access to relevant news.
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RETAIL
WWD to Launch Career Web Site
The Fairchild Fashion Group on Monday will launch fashioncareers.com, an online job site for the fashion industry.
Galeries Lafayette to Open First Store in Dubai
Galeries Lafayette is the latest department store chain to set its sights on the booming Gulf Emirate city of Dubai.

BETTER MARKET REPORT
Filicia Hosting "Dress My Nest"
Thom Filicia is going into the closet for his new design show.
Lag Time Closes In Between Runway and Better Department
Only weeks since designers showed their fall collections, runway trends are turning up in better collections even faster than usual.

FINANCIAL
Aronsson Closing In on Ghurka Deal
Aronsson Group LLC, the private equity firm headed by Jeffry Aronsson, may be close to making its first acquisition - Ghurka, the luxury fine leather goods brand owned by Accessory Network Group, people familiar with the situation said.
Perry Ellis 4Q Profits Rise
Perry Ellis International Inc. posted a 32 percent jump in fourth-quarter earnings Monday, but saw a slight decline in full-year profits.
Wal-Mart Global Expansion Could Surpass Pace of U.S.
Wal-Mart's international growth will keep pace or even surpass U.S. expansion, a top company official said Tuesday.

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FASHION
Fashion Scoops: Posen's Contemporary Vision... O.C. Girl... Mix And Match
Zac Posen has been dropping hints about launching a contemporary sportswear line for a while. He first talked about it in January 2005, as reported in WWD. Although there's no line yet, Posen hasn't given up the idea.
Creativity and Flash Prevail at Paris Trade Shows
With a plethora of new labels and edgy styles, the most recent round of boutique apparel shows confirmed Paris' stronghold as the epicenter of creativity and freshness, buyers said.
Showcase for Gaultier's "Magic"
Wooden shoes and sky-high platforms are hardly ideal for dancing. Nor is a sweater dress sprouting giant panniers, nor a corset dress with boning that stretches up the spine to the top of the head.

BEAUTY REPORT
Beauty Beat: L'Occitane's Le Couvent Poised to Grow
L'Occitane en Provence, which developed a fragrance, home and body care brand called Le Couvent Des Minimes along with Limited Brands' Bath & Body Works division, plans to further expand its Le Couvent division by pumping up wholesale distribution of the brand this year.

MEDIA/ADVERTISING
Memo Pad: Now Hiring... Pink Again
Could Richard Beckman be having some trouble finding a replacement for Suzanne Grimes? The former Glamour publisher last week left her post as Conde Nast Media Group senior vice president to join longtime chum Mary Berner at Reader's Digest Association.

WWD WEST
Going for Bold
Designers went street-chic cool with everything from slouchy layers to prints and trimmings.

GENERAL
In Brief: Easter Retail Outlook... Arnault, Colony's Board Play
Consumers will celebrate Easter by spending more than last year, according to the National Retail Federation. NRF, in conjunction with BIGresearch, a market research firm, polled 8,801 consumers from March 7 to 14 and found they will spend $135.07 on average, up 11 percent. Total spending related to the holiday is estimated to reach $14.37 billion, compared with last year's projected $12.63 billion.
Janet Brown Remembered
Fashion and retail executives, customers, friends and family bid farewell to luxury retailer Janet Brown during a memorial service Tuesday in which she was remembered as a bold, singular personality


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