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WWD 04/25/2005

WWD 04/25/2005

Neiman's Bids Near $5.5 Billion, KKR/Bain Said in Lead

Final bids are due today and Kohlberg Kravis Roberts and Bain Capital Partners seem to be the lead candidates to buy Neiman Marcus Group.

Neiman's Bids Near $5.5 Billion, KKR/Bain Said in Lead

Final bids are due today and Kohlberg Kravis Roberts and Bain Capital Partners seem to be the lead candidates to buy Neiman Marcus Group.
— Apr 25, 2005

WWD Stock Index Falls 1.3%

NEW YORK - A mixed bag of earnings reports outside the retail sector last week spurred investors to sell shares and remain cautious even with a huge rally on Thursday.

As a result, the WWD Composite Stock Index continued...
— Apr 25, 2005

CFDA Sets Fund Deadline

NEW YORK - The Council of Fashion Designers of America has set its application deadlines for the second edition of its CFDA/Vogue Fashion Fund, which helps finance and mentor emerging designers.

Preliminary application material will be...
— Apr 25, 2005

Marc Jacobs Enters A New Time Frame

Those who grumbled when Marc Jacobs fall show started 90 minutes late might be pleased that he's getting into watches in a deal with Fossil.
— Apr 25, 2005

Badgley Mischka Begins Growth Under Candie's

Candie's Inc., which bought the designer label last year, makes no bones about its aggressive growth plan for the company.
— Apr 25, 2005

Coming This Week

Monday: Reebok reports first-quarter sales and earnings.

Tuesday: The Conference Board releases the Consumer Confidence Index for April. Coach Inc. and Sara Lee Corp. report third-quarter sales and earnings.VF...
— Apr 25, 2005

In Brief: Rossi Names President ... Turkish Tactic

ROSSI NAMES PRESIDENT: Sandie Samuells has been named president of Sergio Rossi North America. She replaces Rebecca Blair, who left the firm more than a year ago. Samuells reports to Isabelle Guichot, who is chief executive officer of...
— Apr 25, 2005

Fevered Pitch

They say that being social is a full-time job, and Thursday evening was a good example of New York's finest working hard for their money.
— Apr 25, 2005

Ace-Lectra Link Prints at Jet Speed

NEW YORK - Ace Style Intimate Apparel Inc., a $230 million maker of lingerie and swimwear, has begun using a Lectra ink-jet fabric printing system to shorten its production cycle of creating and designing prints for apparel from months to...
— Apr 25, 2005

Grand Jury Set To Investigate Wal-Mart Exec

A federal grand jury is investigating Wal-Mart former vice chairman Thomas Coughlin's alleged fraudulent spending of company funds.
— Apr 25, 2005

National Brands Battle Private Label

Executives grappled with the future of their brands and private label businesses in a time of intense retail consolidation.
— Apr 25, 2005

Choo Steps Into Atlanta With Luxe Store

With a new Atlanta store and worldwide expansion plans, Jimmy Choo has created a setting to set the mood for luxury buying.
— Apr 25, 2005

Celebrities Sock It To 'Em

NEW YORK - A pair of mismatched socks can either be a source of frustration or joy.

For many kids, creativity often trumps practicality. That's why Little Missmatched, the apparel and home brand built on a collection of...
— Apr 25, 2005

Andrew Rosen's Latest Theory

Theory chairman Andrew Rosen's hire of designer Istvan Francer signals the brand's next phase, including international growth and brand extensions.
— Apr 25, 2005

Vintage Vets to Open Textile Library

NEW YORK - Seth Weisser and Gerard Maione still laugh when they recall their parents' reaction to the opening of their joint venture, a vintage clothing store called What Comes Around Goes Around, 12 years ago.

"They...
— Apr 25, 2005

Strategic vs. Financial Investors: The Art of the Deal

There's a new era of deal-making in the retail and fashion worlds, but the question remains if the end result will be an ongoing boom or an outright bust.
— Apr 25, 2005

Opening Doors at Christie's

NEW YORK - Iman, MTV News correspondent SuChin Pak and Stacie J. of "The Apprentice" were among those at Christie's auction house on Wednesday night for the third annual Opening Doors' awards gala.

The Door, a...
— Apr 25, 2005

EU Triggers China Safeguard Investigation

GENEVA - European Union Trade Commissioner Peter Mandelson said Sunday he authorized safeguard investigations on nine Chinese textiles and apparel product categories following a surge in imports.

The increases in imports from China ranged...
— Apr 25, 2005

Documentary Pays Homage To Beales of 'Grey Gardens'

NEW YORK - Edith Bouvier Beale and her daughter, Edie, didn't travel in elite social circles even though they were the aunt and first cousin of Jacqueline Kennedy Onassis. They didn't wear expensive clothes; artfully wrapped towels...
— Apr 25, 2005

Fashion Scoops: Calvin Wives ... P.R. Parker

CALVIN WIVES: The trunk show at Calvin Klein's Madison Avenue boutique on Wednesday attracted two women extremely familiar with the house. Kelly Klein and Sheryl Schwartz, the...
— Apr 25, 2005

Europe Watch: Hypermoney ... Topshop Takes Over

HYPERMONEY: News last week that outgoing Carrefour chief executive Daniel Bernard would get a fat golden goodbye of 38 million euros, or $49.4 million at current exchange, after being sacked in February from the French hypermarket...
— Apr 25, 2005

Beauty Beat: First American Brands Revs Up for Fragrance Trio ... Inter Parfums Sales Up 22% ... Shiseido in Malaysia Deal

First American Brands Revs Up for Fragrance Trio

NEW YORK - Junior fashion label Rampage will launch its second fragrance, a women's scent called Butterfly, in early May.

The initiative marks one of the...
— Apr 25, 2005

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