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WWD 01/23/2003

WWD 01/23/2003

Coach Profits Leap 41.4% as Brand Plans 100 More U.S. Stores

The brand may be "Coach," but to judge from its earnings and forecast, it definitely flew first class in the second quarter.

Coach Profits Leap 41.4% as Brand Plans 100 More U.S. Stores

NEW YORK - The brand may be "Coach," but to judge from its earnings and forecast, it definitely flew first class in the second quarter.

Coach...
— Jan 23, 2003

Gen Art Names Its Designers

NEW YORK - Victor de Souza, Diego Binetti and Wenlan Chia will present their fall collections as part of a group show backed by Gen Art, a nonprofit organization that aims to promote new talent, which is celebrating its 10th anniversary this...
— Jan 23, 2003

Snow Biz

PARK CITY, Utah - There wasn't a flake of fresh snow on the ground, but that didn't stop some of those in town for the Sundance Film Festival from hitting the slopes. Rachel Weisz spent two hours snowboarding before heading down the...
— Jan 23, 2003

Sofiane's Choice

NEW YORK - Beneath the green-tinged fluorescent lights of a New York City Ballet studio, 26-year-old guest artist Sofiane Sylve stretches her powerful catlike limbs as she waits for her cue during a rehearsal of George Balanchine's...
— Jan 23, 2003

Sole Survivor

LONDON - In just over a week, Manolo Blahnik will open the first retrospective of his 32-year career, and he doesn't know whether to cheer or cry - or both.

"I always thought retrospectives were for when you were about to drop...
— Jan 23, 2003

Montano's Deal With Mervyn's Set for Summer

NEW YORK - Mark Montano wants to bring some cool to Mervyn's stores.

In March, Montano will begin designing a collection of home furnishings for Mervyn's, a midtier retailer, operating 264 locations in 14 states, that is a...
— Jan 23, 2003

Denim Dish

Putting the Brakes on Deflation

In the apparel industry, price pressure is a little like the weather: Everyone complains about it, but no one does anything about it.

But in the jeans category, that may be starting to change. Sources told...
— Jan 23, 2003

Malls of America

The 20 states with the most mall space, in descending order.



Forget the Prozac nation, we're a nation of shoppers. When it comes to therapy, many people believe that spending money takes the edge off things. The majority of mall...
— Jan 23, 2003

Strained Relations: Local Areas More Reluctant to Open Arms for Malls

NEW YORK - Malls aren't as welcome as they used to be.

Under pressure from Wall Street to expand and grow earnings, mall owners are desperately seeking land in areas with strong demographics. More often than not, they're being...
— Jan 23, 2003

Fashion Scoops: Rumor Milan ... Erin Apparent ... The Small Stuff ...

RUMOR MILAN: Following the Milan men's collections last week, rumors began to swirl that Domenico Dolce and Stefano Gabbana could be headed toward a breakup - either personally or professionally - but there might not be much to the...
— Jan 23, 2003

The Ferre Factor

PARIS - For Gianfranco Ferré, Paris is a party. At least that's the spirit the Italian designer captured on Tuesday evening as he became the latest designer to crash Paris couture week. He did it by showing his spring ready-to-wear...
— Jan 23, 2003

Master Blend

PARIS - There are flights of fancy that don't quite take off, and there are others that simply soar. Christian Lacroix's spring couture collection was one of the latter, as he blended all sorts of luxurious yet light materials with a...
— Jan 23, 2003

In Brief

TAUBMAN'S ROUND ONE: A federal court in Michigan granted Taubman Centers' motion to dismiss a claim by hostile takeover suitor Simon Property Group that it is attempting to deny shareholders the power to call a special meeting. In an...
— Jan 23, 2003

Correction

Two Morgan Stanley e-mails, listed among 41 pieces of evidence in the $100 million bias suit launched by LVMH Moët Hennessy Louis Vuitton, were research notes distributed to Morgan Stanley clients about the French luxury firm's first-half...
— Jan 23, 2003

Wal-Mart's New Look in L.A.

LOS ANGELES - Wal-Mart has a new identity: urban retro.

The world's largest company unveiled a three-story urban prototype here Wednesday, placing its first door within city limits in an eye-pleasing Art Deco building, circa 1947....
— Jan 23, 2003

Industry Discusses Quota Removal

WASHINGTON - The U.S. International Trade Commission has a big question to answer: Who will win and lose when quotas are lifted on apparel and textile products in 2005?

Apparel and textile executives weighed in on the impact of a...
— Jan 23, 2003

Mexican Earthquake Spares Textile and Apparel Firms

NEW YORK - Mexico's apparel and textile manufacturers were largely spared by the devastating earthquake that hit Colima on Wednesday, which is believed to have resulted in the deaths of at least 23 people.

U.S. manufacturers with...
— Jan 23, 2003

Lands' End, Ashford Top E-Tail List

NEW YORK - Apparel and accessories e-tailers Landsend.com, Ashford.com, Wal-mart.com and Hsn.com took four of the top 10 spots in the fifth annual Mystery Shopping Study conducted by Chicago-based researchers, the e-tailing group.

The...
— Jan 23, 2003

Kmart Filing Discloses Payouts

NEW YORK - Bankrupt Kmart Corp. said in a Securities and Exchange Commission filing Wednesday that it will fork over at least $4.6 million to one current and one former employee over the next several months.

The discounter said it will...
— Jan 23, 2003

West Coast Dockworkers Sign 6-Year Contract

WASHINGTON - Apparel and textile importers can relax a bit with the signing Wednesday of a six-year labor contract between West Coast dockworkers and port management.

The deal is expected to keep labor peace and the ports open. The...
— Jan 23, 2003

Seibu Presents Plan Seeking Debt Help

TOKYO - Seibu Department Stores Ltd.'s creditors will meet for a second time with officials from the financially troubled Japanese retail giant in about a month, and may then decide whether to endorse the store's multibillion-dollar...
— Jan 23, 2003

Nike Case Questions Issues of Free Speech

NEW YORK - The Nike Inc. case just accepted by the U.S. Supreme Court will weigh free speech protections for corporations - and possibly write new ones.

But the case started out on a different legal track - as a claim of false...
— Jan 23, 2003

Avon to Shut Montreal Plant For Supply Chain Unification

NEW YORK - Avon will close its Montreal-based manufacturing plant by the first quarter of 2004, shifting those operations to its Springdale, Ohio, and Morton Grove, Ill., sites. The move will result in the loss of 150 jobs.

The...
— Jan 23, 2003

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