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WWD 05/30/2002

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WWD 05/30/2002

Burberry Readies Road Show

Burberry Readies Road Show

The luxury IPO race is on. GUS PLC said Wednesday the road show for its luxury subsidiary Burberry would kick off the week beginning June
— May 30, 2002

Lucky Stars

She might not be the theater critics' darling, but Madonna is certainly the most popular girl in London. About 600 guests, including fellow crooner...
— May 30, 2002

Sephora's Roberts Gets Indicted

NEW YORK - Judith Ashley Roberts, the Sephora U.S. employee who was arrested over the weekend in Mobile, Ala., was indicted here on Tuesday for stealing more than $508,247 from her employer.

Manhattan District Attorney Robert M. Morgenthau...

— May 30, 2002

In Brief

GUCCI MEETING: Gucci Group's annual shareholders' meeting will be held July 15 in Amsterdam. In a statement Wednesday, Gucci said its supervisory board has declared a cash dividend of 50 cents a common share from the profits earned in...
— May 30, 2002

Donatella's Plan: The Versace Mag

LOS ANGELES - Blond, bronzed and brandishing abs of steel, the woman in the hotel bungalow in Beverly Hills might otherwise be confused for just another fabulous California babe.

She'll offer repeatedly, after all, that...

— May 30, 2002

Pucci Hoping for Touch of Monroe Magic

PARIS - When Emilio Pucci started shipping his groovy, colorful wares to the U.S. in the Fifties, doubters said no one in America would be caught dead in a silk jersey.Then, one day Marilyn Monroe spied an intricately printed, waist-defining...
— May 30, 2002

Court Battle Ready for Pinault, YSL Workers

PARIS - A June 11 court date has been set in the showdown between the workers' committee at Yves Saint Laurent couture and François Pinault.

This week, Pinault issued a statement saying he would take legal action against the...

— May 30, 2002

Saks in Branding Deal With William Morris

NEW YORK - Seeking to reach customers in new ways, Saks Fifth Avenue Enterprises has struck an agreement with William Morris Consulting to "leverage the Saks brand and build alliances in different industries," Saks Inc. vice chairman...
— May 30, 2002

Elder-Beerman Taps Tomechko for CFO

NEW YORK - Edward Tomechko has been appointed executive vice president, chief financial officer, secretary and treasurer of Elder-Beerman Stores Corp., effective June 17.Tomechko, 53, was cfo and later chief executive officer of NetRadio Corp., a...
— May 30, 2002

Sister Act

LONDON - For Anne de Courcy, the non-fiction author and reporter for London's Daily Mail, the smaller events in history - the love triangles, shooting parties and bickering over inheritance - are the ones that count. Those...
— May 30, 2002

Aspiring to the Sporting Life

NEW YORK - Activewear's prowess is stretching beyond the playing field and challenging casual sportswear as a lifestyle leader.

Instead of catering to athletic women working out or competing in various sports, activewear has come to be...

— May 30, 2002

SIDELINES

EYEING THE CUP: Salvatore Ferragamo has introduced a World Cup-inspired collection for the upcoming soccer championships.

The group consists of vintage-looking soccer balls, performance-oriented and recreational soccer shoes, a canvas bag and silk...

— May 30, 2002

America's The Future for the Mall: Main Street Look, Lifestyle Ambience

LAS VEGAS - America's developers are looking to the past for inspiration - and it's on Main Street.Faced with shrinking crowds and extra space to fill, mall developers are getting open-minded about reworking the square footage,...
— May 30, 2002

The Inner City Road

LAS VEGAS - With the nation's suburban landscape pockmarked by malls, developers are searching for the next strategy to grow revenues. Regional centers are losing traffic; entertainment centers never worked; strip centers, representing 95...
— May 30, 2002

Brand New Diamond: Asprey Cut Unveiled

NEW YORK - Asprey has made the move.The British luxury brand on Tuesday launched the Asprey Cut, a branded diamond heralding the new creative direction the firm is taking.

"We are engaged in revitalizing product range, so it was natural...

— May 30, 2002

A Rocky First Half

NEW YORK - It was a first half that publishers would rather forget.

Most fashion and lifestyle magazines floundered in the first six months of the year, for obvious reasons: The double whammy of the recessionary economy and the after-effects of...

— May 30, 2002

Swarovski Sponsoring CFDA Awards Gala

NEW YORK - Swarovski is building on its rich history working with fashion designers by becoming the sole underwriter for Monday night's Council of Fashion Designers of America's American Fashion Awards gala.

"As an Austrian...

— May 30, 2002

Specialty Results Mixed in Quarter

NEW YORK - Sales growth has decelerated for most specialty store chains since the second half of last year, but that didn't stop most from logging profit increases in the first quarter.

Among seven midsize chains reporting earnings this...

— May 30, 2002

Charming Shoppes Finalizes Sale of $130M in Senior Notes

NEW YORK - Charming Shoppes Inc. completed its sale of $130 million of senior convertible notes to institutional investors, the firm said Tuesday. The notes mature in 2012 and bear an annual interest rate of 4.8 percent.Initial purchasers of the...
— May 30, 2002

Mass Appeal

NEW YORK - While she may not know the street names on the way to the strip mall or even know how to parallel park the car once she gets there, the junior girl knows how to shop - and mass retailers such as Target, Wal-Mart and Sears are...
— May 30, 2002

Madden's Active Duty

NEW YORK - Steven Madden Ltd. is getting ready for a workout.

The namesake designer is looking at 41 months of jail time and $500,000 in fines after his recent conviction for securities fraud and money laundering, but that isn't stopping...

— May 30, 2002

Denim Dish

DTI Backing DDCLooking to broaden its distribution, New York streetwear brand DDC-Lab has landed what it calls a "significant" infusion of capital from DuPont Textiles & Interiors. Neither company disclosed the amount of the...
— May 30, 2002

Closet Patrol

MONTREAL - As she prepared for a ski trip to Austria during March break, 15-year-old Christine Klinkhoff peered into her closet to decide what to pack.

"I'm definitely bringing this," she said, holding up a $65 Riley denim...

— May 30, 2002

Amusing Teens with 9muses

NEW YORK - The men's private-label apparel manufacturer Oved Apparel aims to inspire junior shoppers with its upcoming fall 2003 line 9Muses.

The line is intended to be a female version of the company's Akademiks young men's...

— May 30, 2002

Meet Me in the Middle

NEW YORK - The Limited Inc.'s Express stores are changing in a big way and denim plays a major role.

The company plans to open dual-gender stores that will carry men's and women's merchandise under the Express label....

— May 30, 2002

Fashion Scoops: Bernard Does Moscow ... For Denise ... Hold Your Horses ...

BERNARD DOES MOSCOW: Bernard Arnault, chairman of LVMH Moët Hennessy Louis Vuitton, is skulking around Moscow on a secret trip, touring GUM galleria with the owners of Jamilco, proprietor of Moscow's Dior and Hermès boutiques, and...
— May 30, 2002

Hot Kiss Adds Two Licenses

LOS ANGELES - Hot Kiss is thinking of hot, steamy days and Northern nights.

On Wednesday, the junior sportswear brand said it struck a swimwear license deal with Manhattan Beachwear and a Canadian sportswear license with Montreal-based Fame...

— May 30, 2002

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