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MCNAUGHTON'S LOSS WIDENS

NEW YORK -- After a $5.7 million charge that includes a reserve for the anticipated closing of its Norty's retail division, Norton McNaughton reported a second-quarter loss of $3.6 million...

– June 9, 1997

Fashion

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SOUPED-UP FORD

Tom Ford says he wants to direct. But already he has staged his first Hollywood blockbuster: This year's AIDS Project Los Angeles fund-raiser on Thursday night took Hollywood by storm. Held in Merv...

– June 9, 1997

Fashion

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WWD CEO SUMMIT

CAREFREE, Ariz. -- Leave it to Donna to shake things up. Not only did the designer lay out plans for her Donna Karan International (see Friday's WWD) at WWD's CEO Summit here last week, she also took...

– June 9, 1997

Fashion

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NO KATHIE LEE-WAL-MART SCENT DEAL

NEW YORK -- Kathie Lee Gifford is still looking to market her new fragrance and beauty collection, but it won't be hitting the shelves at Wal-Mart, which holds the exclusive license...

– June 9, 1997

Fashion

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WHERE HAVE THE GREAT MERCHANTS GONE?

Sure, she's upset that DKI stock has nosedived, and she's working to contain costs to raise profitability. That's the chief executive side of Donna Karan. Then there's the designer...

– June 9, 1997

Fashion

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KEYNOTE: WARREN FLICK

What's up with Kmart?
Rumors of bankruptcy have long subsided, but with fierce competition from Target and Wal-Mart, there's still the question whether Kmart, a distant third among the three...

– June 9, 1997

Fashion

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HOT TODAY, WHERE TOMORROW?

Why do so many apparel and retail companies fail? Bad management? Poor products? Excess inventory and markdowns? Slow growth? High debt? Too many companies chasing too few customers?
In...

– June 9, 1997

Fashion

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NEWS BEAT: BULLETINS FROM THE BOULDERS

Gucci eventually will hit the acquisition trail, seeking growth in coming years by buying other luxury firms.
Donna Karan is aggressively pursuing licensing deals for...

– June 9, 1997

Fashion

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VULTURE GROUP IN BARNEYS' CASE IS SUING ISETAN

Byline: Vicki M. Young

NEW YORK -- The vulture fund committee in the Barneys Inc. bankruptcy flexed its muscles late Thursday by suing Isetan Co. Ltd. on charges...

– June 9, 1997

Fashion

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INTIMATE NOTES

FUNDING FOR APPEL: I. Appel, in Chapter 11 since April 30, received bankruptcy court approval last week for $13 million in financing from Milberg Factors.
I. Appel had factored its receivables through...

– June 9, 1997

Fashion

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WAL-MART SETS SALES TARGET AT $200 BILLION

Byline: Jennifer Owens

FAYETTEVILLE, Ark. -- Wal-Mart Stores Inc., the world's largest discounter, is eyeing annual sales of $200 billion.
"It's not if we're going...

– June 9, 1997

Fashion

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TWINKLE TOES

NEW YORK -- Holiday socks are showing a seasonal sparkle. From anklets to knee-highs, they're turning up in neutral shades shot through with metallic. Here, an assortment.

– June 9, 1997

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