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WWD 05/18/2006

Taking a Hammering: Retail Shares Plunge On Fears of Inflation

The Dow Jones Industrial Average plunged 214.28 points on Wednesday to 11,205.61 following worries that inflation could be creeping into the economy, including the apparel sector, which has been in a long-term deflationary cycle.

Taking a Hammering: Retail Shares Plunge On Fears of Inflation

Higher consumer prices across the economy raised concerns of inflation among economists and prompted a sell-off on Wall Street.

— May 18, 2006

J. Jill Buy Hits Talbots 1Q Profit

Still digesting its J. Jill acquisition, Talbots Inc. reported first-quarter earnings Wednesday fell 21 percent on a 1.5 percent sales gain.

— May 18, 2006

PacSun Looks to Improve Juniors

Pacific Sunwear chief executive officer Seth Johnson said Wednesday that the company is looking to a more trend-conscious assortment of denim, T-shirts and footwear to boost sales in the junior women's apparel division.

— May 18, 2006

In Brief: A Converse Ruling ... House Of Taylor Sells Notes

A brief look at some of the day's stories.

— May 18, 2006

Trump Fuels Speculation Over Asprey Site's Next Tenant

Out-of-town department stores have been searching Manhattan for a site, and Donald Trump said one might work in Trump Tower.

— May 18, 2006

Fall Gucci Ads Go Nocturnal

Evening has descended on Gucci's fall ad campaign.

— May 18, 2006

Target Talks Up Specialty Apparel at Annual

Target executives said the chain will build on initiatives to bring newness to apparel and implement its "great design at affordable prices" strategy.

— May 18, 2006

Fashion Scoops: Elie Hits Hamptons ... Valentino And Vienna ... Picture Perfect ...

Elie Tahari has found another place in the Hamptons to hang his company's name.

— May 18, 2006

Around The Pool

LVMH's Bernard Arnault and Dior's Sidney Toledano hosted a sumptuous dinner at the Four Seasons after the fashion house's cruise show.

— May 18, 2006

City of Love

The mountain of bold-faced names attached to the film "Paris je t'aime," which premieres tonight in the "Un Certain Regard" competition at the Cannes Film Festival, could result in one very crowded movie poster.

— May 18, 2006

The Station Master

Karl Lagerfeld is all worked up as he holds court in a room at the Mercer Hotel on Tuesday afternoon, his entourage having taken over the entire sixth floor for fittings, styling, hair and makeup trials, look-book photos and the like.

— May 18, 2006

Parasuco Banking on N.Y. Flagship

The opening of Parasuco's first New York store is the culmination of a five-year desire to buy an old bank building and a $12 million investment.

— May 18, 2006

The House the Knowleses Built

Beyonce and Tina Knowles have added another category to House of Dereon, a junior line called Dereon that bows for holiday.

— May 18, 2006

Champion Launches an O2Cool Line

Champion rolled out its new women's performance athleticwear line, O2Cool, at Disney's Minnie Marathon Weekend.

— May 18, 2006

Heatherlynn's Twist: Vitamin C Activewear

New activewear brand Heatherlynn is using a fabric infused with vitamin C that is designed to be released into the wearer's skin.

— May 18, 2006

Zumiez Inc. to Acquire Fast Forward Stores

Action sports apparel retailer Zumiez Inc. has signed an agreement to acquire Fast Forward, a mall-based retailer specializing in skateboarding apparel, accessories and hard goods.

— May 18, 2006

Sidelines: Reebok Taps Executive ... Puma's New Showcase

Uli Becker has been named head of global marketing for the Reebok brand.

— May 18, 2006

Memo Pad: Inside Out ... Gossip Girls ... Lotta Nerve

In selecting Time's new managing editor, Time Inc. editor in chief John Huey managed to find someone who is both a nominal outsider and a seasoned veteran of the newsweekly.

— May 18, 2006

Beauty Beat: Firmenich to Consolidate With Focus on 'Synergy' ... Tunstall Sings Origins' Tune

Firmenich is consolidating its fine fragrance and home and body care divisions in its North American offices.

— May 18, 2006

Dream Jobs

The ideal employers chosen by undergraduates interested mainly in the fashion, retail and apparel sector.

— May 18, 2006

Textile Group Up in Arms Over Vietnam Trade Deal

Free-trade deals have been negotiated with Peru and Colombia and are pending in Congress.

— May 18, 2006

Strong Sales Lift Specialty Retailers

Improved sales and fewer markdowns drove the top line and gross profit margins of specialty retailers reporting results this week.

— May 18, 2006

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WWD 05/18/2006

WWD 05/18/2006

Taking a Hammering: Retail Shares Plunge On Fears of Inflation

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