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 FASHION RETAIL BEAUTY SPORTSWEAR EYE MEMOPAD TEXTILES ACCESSORIES FINANCIAL  | Friday, March 30, 2007 TODAY'S TOP STORIES Tod's Net Leaps 23.8% in '06 Tod's SpA saw its 2006 net profits surge on lower costs and a more efficient production chain. Net profits for the year ended Dec. 31 rose 23.8 percent to 66.1 million euros, or $83.3 million. Aeffe Plans Initial Public Offering Aeffe, the Italian clothing manufacturer that controls the Alberta Ferretti, Moschino and Pollini businesses, said Thursday it is planning an initial public offering here. Versace Goes Vroom: Firm's Net Leaps, Possible IPO in the Cards Gianni Versace SpA is back in the black and on track for a potential initial public offering. _________________________________________________ Design Director Knits Major contemporary knits brand based in Los Angeles is seeking a Creative Director to reposition and refocus brand. This is an excellent opportunity for a candidate with a strong contemporary background and management skills. Ideal candidate must have excellent communication and leadership skills. "WWD Knits Director" in the subject line of your email. Apply at wwd@24seveninc.com _________________________________________________ BEAUTY REPORT IsaDora Expands Into Minerals Walgreens has unearthed a new way to draw even more shoppers to its exclusive cosmetics brand IsaDora: mineral makeup. Beauty Firm Gets Inspired By Ocean and Technology When funding was slashed for an environmental research program out of Ashburn, Va., the people behind it had to come up with a creative way to keep it going. Snippets: Pure Rumor... Tigi's Got Style... Colomer Goes Pro... PureOlogy, the high-end hair care line catering to color-treated hair, is rumored to be on the auction block, with L'Oreal, LVMH Moet Hennessy Louis Vuitton and Sexy Hair Concepts among the leading contenders. BeneFit Dolls It Up With Color BeneFit Cosmetics is hoping consumers fall for the company's upcoming makeup collection, Love Your Look. Top Notes: De Volontat To Clinique... Dente To Chanel... Facing It... Arnaud de Volontat has been appointed regional sales director for Clinique Travel Retailing in the Americas region. Calvin Klein Rewrites Color Story Calvin Klein Inc. is adding a little color to Cosmoprof this week. Courtin-Clarins Death Fuels Talks of a Sale The death of Jacques Courtin-Clarins on March 22 has sparked speculation that the company he founded, Groupe Clarins, may be entertaining potential buyers. Korres Pursues IPO to Fund Store Expansion Building a brand takes a strong foundation, belief in what it stands for and, yes - money. Molton Brown Revisits Roots With Hair Care Line At some point, many brands return to their roots to reinvigorate their perception in the marketplace. _________________________________________________ New from WWD, DNR and FN fashioncareers.com Introducing the premier online career center delivering quality, targeted search results and access to relevant news. _________________________________________________ THE HBA REPORT From Pampers to Pampering: Spas and Salons Court Younger Set Two friends can prep for a wedding by getting their nails painted, makeup done and hair coiffed for $65 at Monkey Dooz in Riverside, Calif. Kingsley Targets Salons With U.S. Hair Care Relaunch British trichologist Philip Kingsley, whose signature hair care line was formerly carried at Saks Fifth Avenue during the early Eighties, plans to relaunch the brand at salons in the U.S. FINANCIAL U.S. Gross Domestic Product Outpaces Forecast in 4th Qtr. Thanks in part to strong consumer spending, the nation's gross domestic product increased a greater-than-projected 2.5 percent in the fourth quarter, according to a Commerce Department report released Thursday. Movado Net Grows, Sees Lower '08 EPS Watchmaker Movado Group Inc. said Thursday that earnings spiked in the fourth quarter but noted that it expects fiscal 2008 earnings per share to fall. Fate of Wage Hike Tied to War Bill Senate and House negotiators have begun the difficult task of reconciling two emergency war supplemental bills that would also raise the federal hourly minimum wage for the first time in 10 years to $7.25 from $5.15. Strong Sales Help IT Holding Cut Loss A onetime tax payment weighed on IT Holding's results last year, although the company narrowed its loss to 11.5 million euros, or $14.5 million, compared with a loss of 18.7 million euros, or $23.4 million, in 2005. Pucci Appoints Drouet New GM Emilio Pucci has a new general manager: Didier Drouet, who joins the LVMH Moet Hennessy Louis Vuitton-owned fashion house from the jewelry firm Poiray. TJX Reports on Identity Theft In the first detailed report of a major security breach, TJX Cos. said information from 45.7 million credit and debit cards had been stolen by computer hackers beginning in July 2005. Frankie B. Sued by Jordache Over Dittos Line As Frankie B. readies to ship its Dittos branded jeans to retailers, Jordache filed a "trade name" lawsuit against the company. Investor Group Acquires Advanstar Advanstar Holdings Corp., the holding company for Advanstar Communications Inc. and operator of MAGIC Marktetplace and WWDMAGIC, said on Thursday that it was acquired by an investor group led by Veronis Suhler Stevenson for $1.1 billion in cash. American Eagle Bolsters Executive Staff After a strong year on most fronts, American Eagle Outfitters Inc. is pumping up its executive team. Jordan Expanding Effort To Fight Labor Abuses The Jordanian government, with some international help, plans to expand on its efforts to curb labor abuses at apparel factories in the country, according to Jordan's U.S. ambassador, Prince Zeid Ra'ad, and a joint Jordanian-U.S. report is set to be released today. MEDIA/ADVERTISING Memo Pad: Cutting Ties... There Is A Future... Sex And Other Things... Don't cross agency JGK, no matter how long it's represented you. The agency is ending its representation of photographer and Elle international creative director Gilles Bensimon after more than 10 years of service. _________________________________________________ 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 _________________________________________________ RETAIL Bloomingdale's Expanding Quotation Rollout Bloomingdale's thinks it knows what 35- to 45-year-old women want: Quotation. Another Opening Ceremony in L.A. Fashion-forward New York specialty boutique Opening Ceremony will launch its second location on Sunday here with a mission to educate the West Coast on New York style. ACCESSORIES REPORT Dior Homme Plans Accessories Growth Fueled by a "fresh point of view," courtesy of designer Kris Van Assche, Dior Homme plans to continue its expansion drive by further developing categories such as footwear and leather goods and marching into new territories. GENERAL In Brief: Sea Swim Head... Blue Jean Ball The SEA Group has appointed Kathy Van Ness as executive vice president and chief marketing officer of its Christina and Gottex divisions. | Advertisement  | ||||||
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