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WWD 02/24/2005

WWD 02/24/2005

The Weakened Dollar: Stores, Designers Fret Over Higher Fall Prices

Luxury consumers better get ready for sticker shock come fall, as the dollar's weakness against the euro is causing prices to rise.

The Weakened Dollar: Stores, Designers Fret Over Higher Fall Prices

Luxury consumers better get ready for sticker shock come fall, as the dollar's weakness against the euro is causing prices to rise.
— Feb 24, 2005

Price No Object for Right Look

Even with the higher prices expected for fall, some U.S. buyers contended that, if the fashion is right, a slight increase in price won't impact shoppers.

"We have seen some increases, but everyone is working together to try to keep...
— Feb 24, 2005

In Brief: Pac Sun Leases ... Radici Shrinks

PAC SUN LEASES: Teen retailer Pacific Sunwear of California Inc. said it would correct its accounting for leases, which is expected to reduce net income by $1 million, $300,000 and $600,000 for the fiscal years ended in January 2005,...
— Feb 24, 2005

Corrections

Deborah Cameron resigned from her position as circulation director of The Source in December. A report on Tuesday incorrectly stated she had been dismissed.

***


In a story on Tuesday, the designer of First Daughter...
— Feb 24, 2005

Wal-Mart: Wrong Approach, But Will Forge Ahead in L.A.

Wal-Mart chief executive officer H. Lee Scott admitted Wednesday the company had made a mistake in its failed efforts to build a supercenter in Inglewood, Calif., but it's still pushing ahead with plans to open up to 25 stores in the state this year.
— Feb 24, 2005

Essence Puts Suede on Hold

NEW YORK - After publishing only three issues, Essence Communications said Wednesday it was suspending publication of Suede, the urban fashion magazine launched last fall as a spin-off of Essence.

The news comes six weeks after Time Inc.,...
— Feb 24, 2005

Federated Decision on May Could Come Soon

Federated Department Stores Inc., with its board of directors scheduled to meet Friday, could make a crucial decision regarding its merger with May Department Stores at that time.
— Feb 24, 2005

Target-Vornado Drop Talks

NEW YORK - Target Corp. and Vornado Realty Trust have abandoned talks about a joint bid to buy Sears, Roebuck & Co., people familiar with the matter said.

Target, based in Minneapolis, pulled the plug on a potential bid after deciding...
— Feb 24, 2005

Jagged Little Pill

Talking with Alison Pill, who opens tonight in the play "On the Mountain" ... Checking in with Richard Prince ... A smooth vodka.
— Feb 24, 2005

Check Mate

BEVERLY HILLS - Cashed checks are typically fodder for the paper shredder rather than a painter's canvas, but Richard Prince has managed to make them into works of art.

Prince took his old personal checks, cashed and canceled, and...
— Feb 24, 2005

Drink to This

Kiss those cosmos goodbye. And go ahead, chuck out appletinis and lychee martinis, too. Vodka is about to get a whole lot tastier straight up.

French distiller Jean-Marc Daucourt hit upon the idea of taking the afterburn out of vodka. So after...
— Feb 24, 2005

Proceed With Confidence - Burberry Prorsum, Gucci and Missoni

Christopher Bailey's splendidly confident fall collection for Burberry Prorsum celebrated Brit "It" girls, while Alessandra Facchinetti showed a certain self-assurance for Gucci. And at Missoni, Angela Missoni created a put-together womanly look.
— Feb 24, 2005

Fashion Scoops: Deja Vu? ... Watch Out ... Show Diplomacy ...

DEJA VU?: On the eve of the first Jil Sander show without Jil Sander - the second time around - Milan is buzzing about the prospect of yet another comeback for the Hamburg-born designer. "She...
— Feb 24, 2005

Studying Volume - Alberta Ferretti, Trend Les Copains, Piazza Sempione, D&G, Krizia and Mariella Burani

From baby-doll dresses to full-cut skirts to coats that could double as robes, designers' love affair with more-is-better shapes continued in a big way.
— Feb 24, 2005

The Archives Live

FLORENCE - In order to move ahead, Salvatore Ferragamo is turning back to its beginnings.

The fall season marks a significant step for the Florence-based company, which is injecting its accessories with a new edge and refocusing on its...
— Feb 24, 2005

Denim Dish: Mudd's Roster Grows by Two ... Fall Looks Take a Cue From Jeans' Past ... So Low Launching Denim

The Mudd family is expecting a couple of new arrivals this year, a contemporary brand called Piama and a men's product dubbed Red Mukk.
— Feb 24, 2005

Simon Says Sportswear

DALLAS - Michael Simon, who turned embellished sweaters with amusing themes into a $30 million business in the Nineties, is moving beyond kitsch with this week's introduction of a colorful sportswear collection that straddles contemporary...
— Feb 24, 2005

Joie Does a Double Take

Joie Rucker, former designer of the Joie line, is back with two new lines, Puca and ArchIndigo, operating under her own firm, Tres Angeles.
— Feb 24, 2005

Under Armour Shows Feminine Side

Under Armour is launching a multimillion-dollar advertising campaign to let women know it has products for them, too.
— Feb 24, 2005

Brazilian Beach Party at Nike

NEW YORK - Nike is heading to South America for its summer collection.

Brazilian culture inspired the company's new performance and lifestyle looks, which include brightly colored mesh tops, T-shirts, boardshorts and jerseys, as...
— Feb 24, 2005

Russell's Net Drops 29%, Sales Rise

NEW YORK - Russell Corp.'s fourth-quarter earnings took a tumble as they were hit by higher costs and charges even as sales increased.

The athletic company's fourth-quarter profits dropped 28.8 percent to $10.3 million, or 31...
— Feb 24, 2005

Beauty Beat: VS Beauty Looks to Build Brands ... Chanel Growth Up 7.2% in France ... The Face-Friendly Skies

VS Beauty Looks to Build Brands

NEW YORK - Victoria's Secret Beauty, a division of Limited Brands Inc., is refocusing its energies in a bid to accelerate growth.

The beauty division of the lingerie brand has...
— Feb 24, 2005

Ladies of the Academy: Oscar nominees ranked by their films' total domestic gross revenues.

If a movie's box-office draw is any indication as to whether or not it will produce an Oscar for best actress or best supporting actress, then it looks as if Hilary Swank and Cate Blanchett could be well positioned to win this weekend at the 77th...
— Feb 24, 2005

The Latest From Paris

These three designers will launch collections - two on their own and one for a venerable French house - during Paris Fashion Week. Here's a preview.

Patrick Robinson for Paco Rabanne

Patrick Robinson is...
— Feb 24, 2005

Scene: Things to do and see during Paris Fashion Week.

STORY OF O: Since her jewelry "boudoir" opened a year ago, designer Karine O'Hana Berrebi has seen business grow so quickly she had to find a new, larger space. Luckily, one came up next door at 62 Rue des...
— Feb 24, 2005

Paris Fashion Week Schedule

The following is the lineup for the French ready-to-wear shows. Although accurate at press time, attendees are encouraged to confirm times and locations.

Monday, Feb. 28

9:30 a.m. ES

Espace...
— Feb 24, 2005

What's Cooking

Want to come over for langoustines with crystallized tomatoes and green cabbage?

More average French people can extend such invitations these days, thanks to the haute cuisine classes blossoming all over Paris.

Capitalizing on the...
— Feb 24, 2005

CFDA Message: Follow Your Vision

NEW YORK - With Jennifer Lopez, Beyoncé Knowles, Jessica Simpson and even U2's Bono giving traditional designers a run for their money, the line between fashion and the power of the image is more blurred than ever.

But when it...
— Feb 24, 2005

President Nominates Trade Advisory Panel

WASHINGTON - President Bush nominated a new slate of members to the White House Advisory Committee for Trade Policy & Negotiations on Wednesday, with retail, apparel and textile officials included on the 25-member roster.

Named to the...
— Feb 24, 2005

Apparel Prices Up in January

Retail prices for women's apparel increased a seasonally adjusted 0.3 percent in January, recovering some of the ground lost in December.
— Feb 24, 2005

TJX Net Drops in Qtr. On Onetime Charge

TJX Cos. had a 25.9 percent decline in fourth-quarter profit, hurt by big promotions at several off-price units and a $19.3 million one-time charge.
— Feb 24, 2005

Marvin Traub's India Adventure

NEW YORK - For Marvin Traub, ex-Bloomingdale's chairman, deal-maker and international consultant, one destination has been most alluring. He's traveled to India 15 times over the last 40 years in an ongoing journey of mercantilism...
— Feb 24, 2005

La Senza to Shutter U.S. Doors

MONTREAL - La Senza's foray into the U.S. market is about to end less than two years after Canada's largest independent lingerie retailer opened its first store south of the border.

The U.S. store opened in June 2003 at the...
— Feb 24, 2005

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