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WWD 11/17/2004

WWD 11/17/2004

Sander and Bertelli Split Again

Jil Sander's on-again, off-again role at the company that bears her name is off again. The designer has departed the Prada-owned firm.

Sander and Bertelli Split Again

Jil Sander's on-again, off-again role at the company that bears her name is off again. The designer has departed the Prada-owned firm.
— Nov 17, 2004

A Lesson in Anthropologie

For Anthropologie, more is definitely better.

"We embrace the complexity of our business rather than try to simplify it," said Glen Senk, president of Anthropologie and executive vice president of its parent company, Urban...
— Nov 17, 2004

Reinventing the Neighborhood Store

Arguably one of the hippest specialty stores in the country, Ron Herman has no ambitions to expand beyond California.

"I think of ourselves as Hollywood's neighborhood store," said Ron Herman, owner of the five-unit chain....
— Nov 17, 2004

The Nominations, Please

The landscape of fashion may continue to change, but one thing will always stay the same - cocktail parties are bound to remain a great opportunity to put a chief executive or an elusive designer on the spot with a tricky subject. Such was the...
— Nov 17, 2004

Behind the Secret

It's up to the beholder whether Victoria's Secret is sensual or seamy, titillating or tasteless.

So what's the view from inside the rapidly growing $4 billion brand?

"We will always walk that fine line,"...
— Nov 17, 2004

NPD: Juicing Up the Customer

In order to entice increasingly time-pressed consumers who are spending less on apparel, retailers need to focus on making customers' lives easier but also more exciting, said Marshal Cohen, chief industry analyst of The NPD Group.

The...
— Nov 17, 2004

KSA: Innovation Sparks Top Line

Growing top-line revenues is a "Wall Street imperative," according to Jim Neal, a principal with the consultancy Kurt Salmon Associates.

In outlining strategies to do that, Neal described current consumer behavior, saying recent...
— Nov 17, 2004

Rubenstein's Rules on Crisis Management

Public relations guru Howard Rubenstein had some succinct advice for chief executive officers who have to report negative information or manage a crisis - "Get the bad news out quickly.''

"Don't let the...
— Nov 17, 2004

Roundtable: The Money Tree Grows

There's a lot of money out there.

In fact, retail and fashion firms in general continue to be well capitalized, while the options and availability for those needing access to capital have never been better.

That's one...
— Nov 17, 2004

Brands Are Key to Exclusivity

As chief executive officer of Sara Lee Branded Apparel, Lee Chaden oversees a $6.45 billion business with 55,000 employees, marketing some of the world's best-known apparel brands including Hanes, Champion, L'eggs, Playtex, Bali and...
— Nov 17, 2004

Huge Potential for Chinese Consumers

China is emerging as a powerhouse consumer market even as it has evolved into the most important place to source goods.

The world's most populous nation is undergoing "one of the most dramatic evolutions in the history of...
— Nov 17, 2004

VF's Path to Profits in China

The last time he was in China, VF Corp.'s Terry Lay saw something that provided a new perspective on the concept of markdown.

The chairman of VF's global jeanswear coalition stopped into a Carrefour, where "all women's...
— Nov 17, 2004

Navigating the New China

The word "China" is frequently on the lips of fashion industry executives these days, because that nation is a growing source of supply of goods for the U.S. and European Union markets, and because a new middle class is growing up among...
— Nov 17, 2004

Bosco's Russian Renaissance

Mikhail Kusnirovich doesn't strike the image of a merchant prince. Nor does he fret about it.

"I'm no fashion guy. I'm just a retailer," he told the audience of U.S. retail and fashion executives.

Then...

— Nov 17, 2004

Tesco's Food to Fashion Formula

For Tesco Stores, following the money means buying for less to sell goods at lower prices.

That's the mantra that underlies the mission at Tesco, or what John Hoerner, chief executive, clothing and international sourcing, also refers to...
— Nov 17, 2004

Phat Fashions' Urban Agenda

Phat Fashions founder Russell Simmons hasn't really changed his tune.

Simmons regaled the audience with anecdotes, all supporting his mantra that the fashion business has neglected the hip-hop segment.

While his own company, Phat...
— Nov 17, 2004

Big Impact, Small Package

Bloomingdale's SoHo is the smallest store in the chain, representing a sliver of total sales and selling space and a slice of the assortment at the 59th Street flagship.

But its impact has been huge, according to Bloomingdale's...
— Nov 17, 2004

The Burberry Blueprint of Bravo

Rose Marie Bravo, chief executive officer of Burberry plc, took over a dusty traditional British fashion house in 1997 that was generating $460 million in sales and transformed it into a $1.2 billion global luxury brand.

Working 14- to 16-hour...
— Nov 17, 2004

Marc Jacobs: Seizing the Moment

There are certain presumptions one can make about a designer of Marc Jacobs' stature - that he is famous and influential, that his genius is the result of a singular vision that is unleashed on a runway each season, that he must agonize...
— Nov 17, 2004

Using Intuition and Instinct to Turn Around Gap

Paul Pressler has a story to tell.

The president and chief executive officer of Gap Inc. is using the lessons he learned during his 15 years at the Walt Disney Co. to return the specialty store chain to solid footing.

"Deep...
— Nov 17, 2004

George Stephanopoulos: The Political View

A noted political commentator and former White House adviser might seem out of place at a fashion and retail conference, but given the long shadow cast on the economic and cultural landscape by the recent presidential election, some insight into the...
— Nov 17, 2004

Driving in New Directions

In a matter of 10 years, what once were considered ingredients necessary to building luxury brands have transformed into a recipe that could damage them.

Only recently could a well-funded designer aspiring to break into the atmosphere of...
— Nov 17, 2004

Fashion's Changing World

The lure of dramatic growth in China and Russia; the need to think globally but act locally, and the pressures of the emerging "masstige" market were a few of the recurring themes at the Eighth Annual WWD/DNR CEO Summit.

Held Nov....
— Nov 17, 2004

Beauty Beat: Victoria's Secret Hit With Lawsuit ... Symrise Upgrades Facilities ... Firmenich's Cavallier Honored ...

Victoria's Secret Hit With Lawsuit

NEW YORK - Fragrance Systems International Inc., a U.S. manufacturer of cosmetics containers and dispensers, has filed suit against Victoria's Secret, accusing the company of...
— Nov 17, 2004

Kelly Osbourne Launches Line

Kelly Osbourne is adding clothing designer to her résumé. Osbourne and best friend Ali Barone have launched their line of girl-power loungewear, Stiletto Killers. With angst-filled phrases such as "I'm not with stupid...
— Nov 17, 2004

Oh, Baby: Hollywood Boosts Maternity Apparel

The $1.55 billion maternity apparel market is riding a Hollywood baby boom and is on track for 10 percent growth this year.
— Nov 17, 2004

Move Over, Peter, Disney to Market Tink

LOS ANGELES - Tinker Bell, more than a plucky pixie or sidekick to Peter Pan, is finally getting respect as a girl-power pioneer in a product and art collaboration between Walt Disney Co. and a trio of influential tastemakers.

Disney...
— Nov 17, 2004

Oscar Night

NEW YORK - A longtime ladies man, Oscar de la Renta reeled them all in Monday night at the opening party for his new Madison Avenue boutique.

Oscar fan Sarah Jessica Parker popped in to say hello along with her television paramour,...
— Nov 17, 2004

Burberry Net Leaps 25% in Half, Share Buyback Planned

Burberry reported a 25 percent surge in first-half profits to 52.3 million pounds, or $67.7 million, and announced a share buyback plan.
— Nov 17, 2004

Another Saks Loss Counters Big-Name Gains

Major retailers filed a wave of third-quarter earnings reports and their mixed results led investors to pull back on retail stocks.
— Nov 17, 2004

Wholesale Prices Gain 0.1%

WASHINGTON - Wholesale prices for U.S.-produced women's and girls' apparel rose 0.1 percent in October, which economists attributed to higher energy costs.

In the overall economy, producer prices went up 1.7 percent for all...
— Nov 17, 2004

Ross Readies China Expansion

NEW YORK - Wilbur L. Ross, the chairman of International Textile Group, is getting ready to make a major move into China, he revealed to a group of importer executives on Tuesday.

It's part of a major expansion drive for the $800...
— Nov 17, 2004

Calvin Klein Boosts PVH

NEW YORK - Phillips-Van Heusen Corp. on Tuesday posted a 57.1 percent jump in income in the third quarter, aided in part by a 40 percent increase in operating earnings in the Calvin Klein licensing business.

For the three months ended...
— Nov 17, 2004

Apparel Ventures Adds to Portfolio

LOS ANGELES - Apparel Ventures Inc., one of the largest independent swimwear companies, has acquired Waterfront Design Group LLC, a young contemporary-junior swimwear firm that has the license for junior brand Rampage swimwear.

AVI, which...
— Nov 17, 2004

Sounding a Wise, Youthful Appeal

NEW YORK - Apparel marketers will have to perform a balancing act to allure Baby Boomers, a generation bringing a youthful mentality to the second half of their lives even as they grow into an age-accepting attitude.

Too, the generation...
— Nov 17, 2004

U.S., EU Settle on Cargo Security

The U.S. and EU settled a cargo security dispute, setting security standards for all European ports and agreeing to share more freight information.
— Nov 17, 2004

Vietnam Quota Call

A coalition of apparel and textile groups has made a formal request with the Bush administration to go after surging imports from Vietnam.
— Nov 17, 2004

Brooke Shields: Still in Fashion

Brooke Shields could arguably be called the look of a generation, but there's no doubt she remains the face of Jones New York.
— Nov 17, 2004

Suzy

A horse of a wedding in Boca Grande…Pigging out with George Clooney…The Schiffer stork.
— Nov 17, 2004

In Brief: Giannaccari Exits Bottega ... Coach Fire ... A & F Gets Diverse ...

GIANNACCARI EXITS BOTTEGA: Gucci Group has lost another executive: company veteran Francesco Giannaccari. Sources said Giannaccari, chief financial officer of Bottega Veneta and one of the driving forces behind the brand, stepped down this...
— Nov 17, 2004

Dress Barn Said to Buy Maurices

NEW YORK - The Dress Barn Inc. is expected to announce today that it has inked a deal to purchase specialty chain Maurices Inc. for about $325 million.

Sources familiar with the transaction said the deal is likely to close sometime...
— Nov 17, 2004

Corrections

Sir Paul Smith has had a store in Manhattan since 1987. This was incorrect in Oct. 29's paper.

The jeweled cuff bracelets shown on Monday, were by Nine West.
— Nov 17, 2004

Majority Stake of Fortunoff Sold to Private Equity Firms

Fortunoff has sold a majority stake to private equity firms Trimaran Capital Partners and K Group. The new backers will support growth plans.
— Nov 17, 2004

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