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WWD 12/02/2004

WWD 12/02/2004

Neiman Marcus Magic: Net Profits Soar 14% On Luxury and Fashion

The luxury machine that is Neiman Marcus Group Inc. continues to motor along.

Neiman Marcus Magic: Net Profits Soar 14% On Luxury and Fashion

is Neiman Marcus Group Inc. continues to motor along.
— Dec 2, 2004

In Brief: J. Crew Refinances ... Loews Grabs Rest of Bulova ... Reebock Conversion ...



J. CREW REFINANCES: J. Crew Group Inc. has entered into a commitment letter with Wachovia Bank National Association and Congress Financial Corp. to refinance a $180 million secured loan agreement among J. Crew Operating Corp....
— Dec 2, 2004

Importer Association Sues U.S. Government

USA-ITA filed suit against five government agencies seeking an injunction against further review of threat-based China safeguard petitions.
— Dec 2, 2004

Fed: Luxe Leading Spending

The U.S. economy is growing, but consumer spending remains uneven across the country, the Federal Reserve's Beige Book report revealed.
— Dec 2, 2004

Armani Takes It Up a Notch

MILAN - Giorgio Armani has officially elevated his fashion style to new heights.

Confirming a WWD report on Wednesday, the Italian designer said he will stage an off-calendar show for 300 special guests, including VIP clients, on Jan. 24...
— Dec 2, 2004

Updating the Classics: Projecting Tristan ... One Man Macbeth ...

Two startling new productions update the venerable classics on the cutting edge of Los Angeles' contemporary arts scene…Tea on the Left Bank.
— Dec 2, 2004

Girl Wonder

PARIS - When the lights went out at the Palais Omnisport in Bercy, Paris' equivalent of Madison Square Garden, all eyes were on the white-and-blue Yamaha motocross bike that came roaring into the stadium.

It zoomed up a dirt ramp...
— Dec 2, 2004

La Rinascente Attracts Many Potential Bidders

MILAN - With its prestigious real estate and name - La Rinascente SpA is one of Italy's best-known properties and investment funds - entrepreneurs and property companies are lining up to buy the group after its owner, Eurofind,...
— Dec 2, 2004

Calif. Worker Coverage Measure Loss Stands After Ballot Mix-Up

LOS ANGELES - Faulty ballot information from one county temporarily cast doubt on the Nov. 2 defeat of a statewide proposition in California that would have mandated health insurance coverage.

But Proposition 72, which would have imposed...
— Dec 2, 2004

Denim Dish: America's Meltin' Pot ... Jack Star's Broad Array ... Bridal Blues ....

Angie Furlong launches Jack Star Jeans…Meltin' Pot is coming to America…Hub Outlet goes national…A blue jean wedding dress.
— Dec 2, 2004

A Little Bit of Country

When it comes to fashion, country singer LeAnn Rimes, in New York last week to promote her album, has a West Coast sensibility.
— Dec 2, 2004

Lim's Breaking Development

NEW YORK - Phillip Lim has left the Los Angeles-based company Development to move to New York and launch his own label, 3.1.

"As a designer, you just can't help but face the fact that you have to come out here," Lim said...
— Dec 2, 2004

A Triple Scoop

NEW YORK - Scoop boutiques are taking over Washington Street here.

A new Scoop offering just women's apparel opened this week at 861 Washington Street, next door to the famed saloon Hogs & Heifers. The existing Scoop, at 873...
— Dec 2, 2004

Sport Hits the Streets

Outdoor apparel brands in Europe, once selling only at the foot of its highest peaks, are taking their sporty message to the city streets.
— Dec 2, 2004

Next Phase for North Face

NEW YORK - While increasing its European operations, The North Face is breaking ground with a dramatically expanded showroom here, a wider selection of sportswear and more merchandise for women.

The outdoor equipment and apparel firm,...
— Dec 2, 2004

Synthetic Fiber Producers: The top global synthetic fiber producers in 2004, ranked by capacity in tons.

The global synthetic fibers market in 2004 has seen continued growth driven by Chinese expansion and the strength of polyester. Demand for polyester is expected to grow 7 percent this year, following similar growth in 2003. All other synthetic...

— Dec 2, 2004

Fashion Scoops: Up With People ... Coming Up Trumps ... Stars and Stripes ...

UP WITH PEOPLE: Things are clicking into place over at Time Inc. Two weeks ago, WWD reported that People managing editor Martha Nelson had taken on a slightly larger role within the company and was now overseeing...

— Dec 2, 2004

Beauty Beat: Sisley's Latest Upscale Entry ... BMK Acquires Rita Ann ...

Sisley's Latest Upscale Entry

NEW YORK - Brace yourself for the next $300-plus day cream.

Having based its entire portfolio on products that push the price envelope, Sisley is banking on the notion that its...

— Dec 2, 2004

LVMH Outlines China's Expansion Plans at IHT

LVMH has ambitious plans for China over the next year, executives revealed at the International Herald Tribune's luxury conference in Hong Kong.
— Dec 2, 2004

Ann Taylor Loft Thinks Children

NEW YORK - Ann Taylor Loft, the standout division of Ann Taylor Stores Corp., is getting experimental. It's deep into testing children's wear and will make a decision next year on whether to roll out a children's chain,...
— Dec 2, 2004

Wet Seal Loss Widens in Third

NEW YORK - Amid work to turn around its sagging business, Wet Seal Inc. delivered third-quarter results that showed declining sales, a wider loss and eroding gross margins.

The Foothill Ranch, Calif.-based specialty retailer posted net...
— Dec 2, 2004

Bloomingdale's Karlstein to Retire

NEW YORK - Kenneth Karlstein, vice president and general merchandise manager of ready-to-wear for Bloomingdale's Direct, will retire on Jan. 30 after 44 years in retail and wholesale.

"I worked very intense. Now I am going to...
— Dec 2, 2004

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