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WWD 10/31/2002

WWD 10/31/2002

Denim Revolution: Levi¿s Going Mass By Selling Wal-Mart

Feting Linda at 40

NEW YORK - "I wanted to come to this party so much, I bought the company for $180 million," said Paul Charron, chairman and chief executive officer of Liz Claiborne Inc. And judging by the party's turnout and entertainment factor, it...
— Oct 31, 2002

Night Moves

"Look, I have my own nightclub," boasted Donna Karan, who turned her London store moody Monday night, then invited Deborah Harry to sing. Guests included Luella Bartley, Matthew Williamson, Trudie Styler, Nick Rhodes, Bianca Jagger and Chelsea...
— Oct 31, 2002

Wine After Wine

NEW YORK - In a tony private club on the Upper East Side, Michael Broadbent, at 75 perhaps the most venerable figure in the wine world (an industry full of venerable types), leans against an end table and offers a broad toothy smile toward the...
— Oct 31, 2002

In Bloom

PARIS - It was wild, wacky and utterly delightful. One of the high points of a jam-packed collections season was Viktor Horsting and Rolf Snoeren's marvelously mad show for Viktor & Rolf, complete with models dancing up a storm. Some of...
— Oct 31, 2002

Denim Revolution: Levi's Going Mass By Selling Wal-Mart

NEW YORK - All it took was a signature.

In a move that's likely to shake up the retail and jeans landscapes, Levi Strauss & Co. has decided to begin selling its denims to Wal-Mart stores. Levi's officials said Wednesday the...
— Oct 31, 2002

Wal-Mart Downgraded

NEW YORK - Citing the strong performance of Wal-Mart Stores Inc.'s shares this year and the company's current high price-to-earnings ratio, investment bank Goldman, Sachs & Co. Wednesday took the retailer's shares off its...
— Oct 31, 2002

In Brief

CARTIER'S NEW CEO: Compagnie Financiere Richemont AG has named Bernard Fornas as chief executive officer of its Cartier unit, replacing Guy Leymarie who stepped down this week, as reported. Fornas, who joined Richemont nine years ago, was ceo of...
— Oct 31, 2002

North Carolina Races Spotlight Textile Woes

CHARLOTTE, N.C. - The heated election fights in North Carolina's Senate and House races will not only help determine the fate of the state's and country's textile industry, but also play a key role in deciding the balance of...
— Oct 31, 2002

Who's Giving Dole and Bowles

WASHINGTON - The North Carolina Senate race between Republican Elizabeth Dole and Democrat Erskine Bowles to succeed protectionist GOP Sen. Jesse Helms is a match of textile credentials. Textile-industry giving is almost divided between the...
— Oct 31, 2002

Tommy Hilfiger Closing Stores

NEW YORK - Shares of Tommy Hilfiger Corp. were one of Wall Street's biggest losers Wednesday after the company said it would close 37 of its 44 U.S. stores and lowered earnings-per-share guidance for the second half of 2003 and full-year...
— Oct 31, 2002

Valentino and Sector Team for Watch Line

MILAN - Valentino has signed a five-year licensing agreement with watchmaker Sector to roll out a line of luxury timepieces.

The line, expected to generate retail sales of more than $147 million within the next five years, will be...
— Oct 31, 2002

Cole Overcomes Charge to Post Gain

NEW YORK - Robust sales helped Kenneth Cole Productions raise its bottom line 15.8 percent in the third quarter, despite a charge taken on its Rockefeller Plaza store.

For the three months ended Sept. 30, the footwear, apparel and...
— Oct 31, 2002

Beene: Design for Masses

NEW YORK - Not one to mince words, Geoffrey Beene and a few friends, who also like to turn the tables, managed to take the woodenness out of a potentially yawn-inducing panel discussion Tuesday morning.

True to form, the architecturally...
— Oct 31, 2002

Corso, Rowan Headline Key Executive Moves

NEW YORK - Apparel giants Jones Apparel Group, Kellwood Co. and Liz Claiborne Inc. filled some key executive spots Wednesday.

At the Victoria & Co. fashion jewelry division of Jones, Jackie Corso was named chief executive officer. Corso...
— Oct 31, 2002

Fashion Scoops: Deja Shoe ... Designer Olympics ... Hoarding Attention ...

DEJA SHOE: It was mayhem all over again at Christian Dior's Rodeo Drive boutique on Tuesday, when Dior and Vogue cohosted the same event they hosted in New York two weeks earlier - inviting the chicest girls in town to "slip into the...
— Oct 31, 2002

Windsor Exhibit Opens Today

NEW YORK - Today's opening of "Blithe Spirit: The Windsor Set" marks associate curator Andrew Bolton's maiden exhibition at the Metropolitan Museum of Art, but it will also introduce another new face to the museum's Costume...
— Oct 31, 2002

Merchandising A State of Mind

DALLAS - Contemporary fashions are not just for young women with taut bodies. They appeal to every age group that wants to look stylish, but the key for retailers is to mix styles and find lines with a fit that accommodates their particular...
— Oct 31, 2002

Prime Real Estate

The most expensive retail street in each of 15 North American cities, based on rent.



The streets below are hard to categorize. Each has popular stores, but each a character all its own. Shopping at Giorgio Armani on quiet tree-lined...
— Oct 31, 2002

Ant: On the March

NEW YORK - Not all fashion designers pop out of the womb with a burning desire to sew or make little dresses for their dolls. Sometimes serendipity plays a role, and those whose dolls had to settle for store-bought frocks find themselves in an...
— Oct 31, 2002

Israel Museum Gala Raises Record $1.8M

NEW YORK - With "Fiesta" the theme of the evening, the mood was cheery in the Grand Ballroom of the Waldorf Astoria Hotel on Monday night, where the American Friends of the Israel Museum held its annual gala to benefit the Jerusalem-based...
— Oct 31, 2002

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