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WWD 09/29/2004

WWD 09/29/2004

Fendi's Turnaround Plan: More Stores, Products To Build a $500M Brand

Fendi is gunning to become a profitable $500 million fashion house — and won't pin its hopes on a single hit handbag.

Fendi's Turnaround Plan: More Stores, Products To Build a $500M Brand

Fendi is gunning to become a profitable $500 million fashion house and won't pin its hopes on a hit handbag, but on a sound business strategy.
— Sep 29, 2004

Jewelry Execs Plead Guilty to Fraud

Cosmopolitan Gem executive Joshua Kestenbaum and former Whitehall Jewelers cfo Jon Browne pled guilty to bank and wire fraud conspiracy.
— Sep 29, 2004

Tommy Shares Continue Fall

NEW YORK - As the Dow Jones Industrial Average ended trading on Tuesday above 10,000, shares of Tommy Hilfiger Corp. rode a roller coaster, closing the session down 2.8 percent to $10.01.

The Dow jumped 0.9 percent, or 88.8 points, to end...
— Sep 29, 2004

Consumer Confidence Declines

Consumer confidence fell for the second straight month, which the Conference Board said reflected a less favorable job situation perception.
— Sep 29, 2004

In Brief: Poly Price Hike ... Tonk to Saks ... Lobbying in Geneva

POLY PRICE HIKE: Buyers of polyester staple fiber, which is used as an insolation in jackets and blankets, are facing another round of price increases. DAK Americas LLC on Tuesday said it would be boosting its prices by 3 cents a pound,...
— Sep 29, 2004

Correction

In Monday's paper, incorrect photos ran with the story on the new Bally store in London. The photos actually were of the redesigned Browns Boutique in London. Bally's new look is exhibited in the photo at right.
— Sep 29, 2004

Suzy

Gisele Bündchen ditches Leonardo DiCaprio…Cameron Diaz and Justin Timberlake are said to be drifting apart…Nicole Kidman's kiwi crush.
— Sep 29, 2004

KarstadtQuelle Sets $1.7B Restructuring Plan

BERLIN - KarstadtQuelle, Europe's largest department store and mail-order group, plans to sell 77 smaller Karstadt department stores as well as the 305-door SinnLeffers, Wehmeyer, RunnersPoint and GolfHouse specialty store...
— Sep 29, 2004

Classic Themes – and Variations - Giorgio Armani/Emporio Armani, Pucci and Blumarine

Within his Chinese-flavored signature collection and Indian-motif Emporio line, Giorgio Armani showed his trademark elegantly sporty looks…Christian Lacroix created playful clothes for Pucci…and, at Blumarine, Anna Molinari delivered the...
— Sep 29, 2004

Better Finding Its Way

Fall sales of better-priced sportswear haven't hit their stride, as the momentum generated by several spring launches hasn't kept up.
— Sep 29, 2004

Sweater Girl

A girl can have the best of both worlds: glamorous and comfortable.
— Sep 29, 2004

Destination Matrimony

As more and more brides look to hold their weddings in such far-flung locales as Half Moon Montego Bay in Jamaica, and Cabo San Lucas, Mexico, the biggest question they face is: How do I pack my dress, which is yards of lace and silk?

The...
— Sep 29, 2004

The Informal Bride

The virginal, fairy-tale princess, once the stereotype of the bride, now shares the stage with older, more sophisticated women, whose nontraditional weddings are changing the nature of the business.

Older first- or second-time brides, who...
— Sep 29, 2004

Wedding-Day Bling

With her on-again-off-again engagements, Jennifer Lopez has been the bride to watch since she married dancer Cris Judd three years ago. After the couple split, she dated actor Ben Affleck, who gave her a 6.1-carat pink diamond engagement ring from...
— Sep 29, 2004

Bridal Stats

NEW YORK - With American couples spending some $50 billion during their engagements on wedding attire, jewelry, beauty and honeymoons, they're clearly a coveted group for vendors to reach. Approximately 2.3 million marriages take place...

— Sep 29, 2004

Neiman Marcus Fetes Dell's Phi

DALLAS - Susan Dell is in fashion for the long haul, and she's got great expectations.

At a party thrown by Neiman Marcus to launch her new collection, Phi, Dell predicted, "In three to five years, I envision that we will be...
— Sep 29, 2004

Celtic Rock

NEW YORK - Only two weeks after presenting her signature line, Nicole Miller was again at the helm of a collection inspired by Celtic symbols and manuscripts. But breezy, ultra-feminine dresses be gone - Monday night was Miller Girl time....
— Sep 29, 2004

Profiting From Fast Turns

NEW YORK - Apparel retailers' top-line results may depend on the kindness of consumers, but that doesn't mean they are helpless when its comes to boosting gross margins.

Aided by increasingly sophisticated inventory management...
— Sep 29, 2004

Retail Stakes Raised at Santa Anita

The race is on at Santa Anita, only this time it involves mall developers instead of thoroughbreds at the famed Santa Anita track.
— Sep 29, 2004

Macy's Event Goes to Santa Monica

SAN FRANCISCO - Macy's brings its 22nd Annual Passport event benefiting AIDS research to Santa Monica's Barker Hangar on Thursday and Friday, with Tommy Hilfiger as the featured designer.

Celebrity models Marilu Henner and...
— Sep 29, 2004

Leiber Staffers Back to Work With New Deal

NEW YORK - The roughly 200 manufacturing workers at Judith Leiber LLC's Manhattan factory on Tuesday ratified a three-year contract with their employer and returned to work.

That ended a two-week strike during which the workers...
— Sep 29, 2004

L.A. Fashion Week Lineup Set

LOS ANGELES - Fashion week here can officially get revved up with the announcement on Tuesday of the show lineups.

Mercedes-Benz Fashion Week at Smashbox Studios, organized by Smashbox and 7th on Sixth/IMG, is showcasing 36 designers and...
— Sep 29, 2004

‘Dean' Beene: American Designer Dies at 77

Geoffrey Beene, known for using stark graphic contrasts in his fashion designs, died at his home in Manhattan on Tuesday. He was 77.
— Sep 29, 2004

Getting Ruffled

The Milan spring collections continued with runway shows including Giorgio Armani, Emporio Armani, Pucci and Blumarine.
— Sep 29, 2004

Beauty Beat: Air-Val Brings City Girls to Europe ... Macy's, Lauder Love Her Life

Air-Val Brings City Girls to Europe

BARCELONA - Spanish beauty marketer Air-Val International is hitting the European cosmetics market with a girly collection called City Girls Perfumes and Cosmetics. It's an effort by the...
— Sep 29, 2004

Neiman's Yule Wish List

DALLAS - Is a $10 million Zeppelin your idea of the perfect Christmas gift? Are you in the market for a $1.7 million submersible for that certain someone who has everything?

Well listen up. When it comes to being outrageous - and...
— Sep 29, 2004

Gucci Profits Rise On Solid 2Q Sales

Gucci Group said second-quarter earnings before interest and taxes about doubled to 65 million euros, as sales grew 9.8 percent to 641 million euros.
— Sep 29, 2004

Marshall Field's President to Retire, Guzzetta to Succeed

May Co. said the president of its Marshall Field's division is retiring and will be replaced by the president and ceo of its Hecht's/Strawbridge's unit.
— Sep 29, 2004

Obituary: Eli Elias, Leader in N.Y. Manufacturing, 92

NEW YORK - Eli Elias, former president and executive director of the New York Skirt & Sportswear Association and an outspoken voice for manufacturing, died on Friday in Hollywood, Fla. He was 92.

Elias, as head of what was once one of...
— Sep 29, 2004

Look on the Bright Side - Alberta Ferretti, Marni, La Perla and Pollini

Ultra-colorful looks ruled at Alberta Ferretti…Consuelo Castiglione's Marni collection had an upbeat attitude…Alessandro Dell'Acqua was inspired by vintage corsetry for La Perla…and Rifat Ozbek made a promising comeback...
— Sep 29, 2004

Fashion Scoops: Study Buddy ... Hungry Like the Wolf ... White Flag ...

STUDY BUDDY: Don't look for Anna Wintour at the Dolce & Gabbana, Jil Sander, Miu Miu or Versace shows later this week, to name but a few. That's because Vogue's editor in chief plans to leave Milan after the Gucci show on...
— Sep 29, 2004

Memo Pad: To the Lifeboats ... Dark Prophet

TO THE LIFEBOATS: Gruner + Jahr better hurry up and find a buyer for YM before there's nothing left to sell. Creative director Amy Demas is leaving to join the Minneapolis advertising agency Peterson Milla Hooks as art director....
— Sep 29, 2004

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