New York Now

The fashion spotlight could shine on New York in 2008 more so than it has in recent memory.

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WWD Year In Fashion issue 2007/12/11
"We are really focused on continuing to build our current retail distribution, which has been very loyal to us, and continuing to build the women's line into a true lifestyle brand," he told WWD at the time of the NRDC acquisition. "We are definitely looking to expand into other areas in women's products, and home, but for now the growth of our business in women's apparel is strong and we're really focusing on that. Essentially, our company is going to be run the same way as it has."

Narciso Rodriguez, who sold a 50 percent stake in his business to Liz Claiborne Inc. in May, is expected to grow his wholesale network and make a real push into accessories and other fashion-related items. Proenza Schouler's Lazaro Hernandez and Jack McCollough, who sold a stake in their business to Valentino Fashion Group last July, are looking to profit from VFG's leverage with fabric mills, and it is expected they too will step up their accessories assortment and possibly open their first freestanding store.

In addition, Rachel Roy is expected to open freestanding retail and add accessories lines after selling a stake to investment fund TSM Capital last month. Adam Lippes, who found investors in Marty Wikstrom and Dawn Mello's Richemont-backed Atelier Fund in February, recently opened his first freestanding store and has said he would like to open more in the future.
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