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WWD 01/22/2003

Analyst Court Battle: Morgan Stanley Plans To Countersue LVMH

The commercial court here said Tuesday that Morgan Stanley has until March 3 to officially respond to a string of charges in the $100 million bias and conflict of interest suit lodged by LVMH Moët Hennessy Louis Vuitton.

Analyst Court Battle: Morgan Stanley Plans To Countersue LVMH

PARIS - It's getting ugly already.

The commercial court here said Tuesday that Morgan Stanley has until March 3 to officially respond to...

— Jan 22, 2003

Let 'Er Rip

PARIS - Delicate, charming, a little frothy - Karl Lagerfeld's spring couture collection for Chanel was all that and more. It also, of course, marked his 20th anniversary with the house, which isn't something that this protean...

— Jan 22, 2003

Tropical Posts Loss, Ducking Out of Retail

NEW YORK - Tropical Sportswear International Corp. kicked off 2003 with a first-quarter loss, including charges, and the exit of some of its noncore businesses.

The Tampa, Fla.-based bottoms maker - which owns the Savane, Farah, Bay...

— Jan 22, 2003

ATMI: Textile Profits Up in '02

NEW YORK - Last year was another tough one for the U.S. textile industry, though the nation's mills managed, on a whole, to score improvements in sales and earnings.

According to the American Textile Manufacturers Institute's...

— Jan 22, 2003

NMG Delays New Units To Focus on Remodeling

NEWTON, Mass. - Postponing opening new stores until 2005, Neiman Marcus Group instead plans to spend roughly $130 million remodeling two existing doors and turning its San Francisco store into a 250,000-square-foot flagship.

As ...

— Jan 22, 2003

Firms Ignore Stretched, Skeptical Xers

NEW YORK - Xers are a tough sell.

Generation X, or the 42 million Americans now ages 26-to 36-years-old, possess attitudes that make them hard for marketers to win over; they're having children and buying homes, making fashion a...

— Jan 22, 2003

In Brief

REJECTED, AGAIN: Taubman Centers Inc. said its board unanimously rejected the revised $20 per share cash offer from Simon Property Group in conjunction with a subsidiary of Westfield America Trust, calling Simon's third offer "inadequate,...

— Jan 22, 2003

Correction

At right: Queen Latifah wore a diamond necklace from DeBeers to the Golden Globes on Sunday. The jewelry credit was incorrect in a caption on page 6 of the Golden Globes section on Tuesday.

— Jan 22, 2003

Mothers Work Net Up 42.5%

NEW YORK - Maternity specialty retailer Mothers Work Inc. on Tuesday reported expansion of both sales and profits as it raised its earnings estimate for the current year.

The Philadelphia-based maternity retailer and operator of Motherhood...

— Jan 22, 2003

Quality Buyers Shine on Annex

NEW YORK - While smaller in scale than its Designers & Agents counterpart, The Annex lured buyers here looking for one-of-a-kind spring and summer items.

Spread over three days, the bright, gallery-like setting featured a DJ spinning...

— Jan 22, 2003

More Miu Miu for Prada

MILAN - Prada Group has opened a new Miu Miu boutique in Tokyo's Shibuya district.

This is the second Miu Miu boutique in the city. The first bowed in March 1999 in Tokyo's Aoyama district.

Patrizio Bertelli,...

— Jan 22, 2003

A Pair of Moves at Limited

NEW YORK - John D. Buell will join Limited Stores next Monday as vice president and chief financial officer, reporting to Jeffrey Sherman, chief executive. Buell was with Sears, Roebuck, as vice president of corporate planning and analysis....

— Jan 22, 2003

Japanese Louis Vuitton Sales Soar

PARIS - Louis Vuitton is on a roll in Japan, with sales last year vaulting 15 percent to a record $1.14 billion, converted from the yen at current exchange rates.

Luxury giant LVMH Moët Hennessy Louis Vuitton made the disclosure...

— Jan 22, 2003

Lacoste Looks to Propagate

DALLAS - The crocodile is moving into new territory.

Lacoste, which considers the little green reptile its premier identifier, plans to open 22 stores in the U.S. over the next five years, for a total of 35.

"We think our brand has...

— Jan 22, 2003

Buyers Penciling In Spring

LOS ANGELES - An unexpectedly strong turnout of retailers hit the year's first market week here, Jan. 16-21, with a renewed optimism in summer trends and an impressive display of order-writing.

Also helping to drive traffic was the...

— Jan 22, 2003

Trends

APPAREL

Cargo-military chic.

Novelty prints, mostly florals ranging from ditsy to oversized exotic.

Bomber jackets.

White twill.

Ladylike skirts and dresses with wide ribbon...

— Jan 22, 2003

Mack Daddy

So what does Bob Mackie think about Los Angeles Fashion Week? The master of show biz was on hand Friday night at the California Market Center to kick off "Inside the Designer's Studio," a new lecture series sponsored by the CMC and longtime...

— Jan 22, 2003

Suzy

One hears Martin Scorsese used the power of his Golden Globe win to talk fellow winner Nicole Kidman into starring as Ava Gardner in his upcoming film on the life of Howard Hughes, to be called "The Aviator." Leonardo DiCaprio will play the reclusive...

— Jan 22, 2003

Fashion Scoops: Val's Gal ... Shifting Tides ... Blue Note ...

VAL'S GAL: Between snapping photos from her front-row perch and her mouth dropping open in admiration on multiple occasions, it was hard to miss Ashley Judd's ogling at Valentino's couture Monday evening. "It was absolutely...

— Jan 22, 2003

Cotton Ginny, Au Coton File for Court Protection

MONTREAL - A weak Christmas season has forced two of Canada's women's clothing chains to seek court protection from creditors and another to lay off workers.

Cotton Ginny, a Toronto-based retailer of plus-size casual clothes...

— Jan 22, 2003

WWD

WWD 01/22/2003

WWD 01/22/2003

Analyst Court Battle: Morgan Stanley Plans To Countersue LVMH

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