October 12, 2013
WWD highlights the 10 must-read stories of the week.
1. Authentic Brands Group Acquires Juicy Couture
After a six-month process, Fifth & Pacific Cos. Inc. has sold the intellectual property assets of the Juicy Couture brand to Authentic Brands Group for $195 million.
2. Signs of Progress Seen in J.C. Penney's Turnaround
With sales trends improving, J.C. Penney Co. Inc. is gearing up for the all-important holiday selling season and expects December 2013 to be more in line with that in 2011.
3. Amazon's Bold Beauty Play
With the launch on Thursday of the Luxury Beauty Store, Amazon.com hopes to revolutionize how — and as importantly, where — prestige beauty products are sold.
4. Fashion Week Social Media Lessons Learned
From New York to London, Milan to Paris, brands have spent the last month flooding social media to amplify — and prolong — the hype around their runway shows.
5. Blaze in Bangladesh Kills Nine
Another tragedy hit the Bangladesh apparel industry Tuesday when a blaze at the Aswad Composite Mills on the outskirts of Dhaka killed nine people and injured more than 46.
6. Richemont Denies Net-a-porter for Sale
The denial follows a front-page story in WWD on Thursday that quoted sources as saying that earlier this year Richemont was in talks to sell the e-tailer to Yoox Group.
7. Buyers Praise Paris Fashion Week for Salable Artistry
Individuality, artistry and a global outlook.
Buyers said those were the main strengths of Paris Fashion Week, and they lauded the French capital for an energetic season that offered a range of buying options for spring.
8. WWD Digital Forum: New York
A wide range of speakers working at the forefront of the digital evolution gathered at Asia House in Manhattan for WWD’s Fall Digital Forum to discuss the integration of new media and commerce.
9. Bridal Fall 2014
Monique Lhuillier, David's Bridal and Theia White kicked off bridal fashion week in New York.
10. Los Angeles Fashion Week
L.A. Fashion Week kicked off with Amabelle Aguiluz, Odylyne, Stella Proysen and The Boheman Society.