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WWD 2008/05/21

WWD 2008/05/21

NexCen Said to Be Eyeing Sale of Bill Blass Brand

NexCen Brands is moving quickly to see which assets can be shed to raise cash and help it stave off a near-term financial disaster. Industry sources said that home brand Waverly is the first asset NexCen could shed — followed closely by Bill Blass.

Memo Pad: More Fashion Exposure... Some Are Richer Than Others...

After dedicating significant time to the subject last December, the Italian TV program "Report" - the nation's equivalent of "60 Minutes" - last...
— May 21, 2008

Dior Brings Luxury to the Cell Phone

Sidney Toledano, Christian Dior's chief executive officer, fielded plenty of calls in recent years from cell phone makers eager to partner with the French...
— May 21, 2008

Unraveling of NexCen: Firm Said to Be Eyeing Sale of Bill Blass Brand

NexCen Brands Inc. is moving quickly to see which assets can be shed to raise cash and help it stave off a near-term financial disaster.
— May 21, 2008

Coty Leads Pack of FiFi Award Winners

Fashion designers and celebrities alike were in the limelight Tuesday night at the Fragrance Foundation's 36th annual FiFi Awards ceremony, which was held at Manhattan's Park Avenue Armory.
— May 21, 2008

Daria Myers Exiting Origins

After 31 years with the Estée Lauder Cos., Daria Myers has decided to step down as president of the Origins division, a brand she helped start in 1990.
— May 21, 2008

Isn't It Romantic?

In her first resort collection for Valentino, Alessandra Facchinetti focused on whimsical ruffles and bows, toughened up with clever touches like a chain mail-inspired bodice on this strapless gown.
— May 21, 2008

Target Income Declines 7.5%

Target Corp. on Tuesday said first-quarter earnings fell 7.5 percent, due in part to disappointing sales as customers pinched pennies and shied away from discretionary purchases such as apparel.
— May 21, 2008

In Brief: Alberto-Culver To Sell Cederroth… Gap's Russian Invasion…

Alberto-Culver Co. has agreed to sell its Stockholm-based Cederroth International subsidiary to CapMan, a Nordic private equity firm.
— May 21, 2008

FTC Modifies Order Against Nine West

The Federal Trade Commission has partially reversed an order against Nine West Group Inc. and now will allow the company to set the minimum price at which the brand's footwear can be sold at retail, but only under the agency's scrutiny.
— May 21, 2008

PVH 1Q Earnings Drop 11.7%

Phillips-Van Heusen Corp. saw an 11.7 percent dip in first-quarter earnings as start-up costs for new businesses ate into the bottom line.
— May 21, 2008

Chris Jackson Tapped to Design for Talbots

Talbots Inc. on Tuesday named Chris Jackson as senior vice president of apparel, design and development.
— May 21, 2008

Wholesale Apparel Prices See Slight Uptick in April

Wholesale prices for domestically produced women's and girls' apparel rose 0.1 percent in April compared with the previous month, but dropped 0.2 percent from a year ago, the Labor Department said Tuesday in its Producer Price Index.
— May 21, 2008

Jones Hires Kulkarni From Liz Claiborne

Jones Apparel Group Inc. has named Aru Kulkarni, who was chief customer officer for Liz Claiborne Inc.'s partnered brands division, as president of sales for its women's wholesale sportswear unit.
— May 21, 2008

Saks Net Up, Margins Down

Saks Inc. is out to make sure the aspirational consumer sticks around despite the economic malaise.
— May 21, 2008

Marks and Spencer Profits Spike 24.4%

Marks and Spencer Group plc saw net profits rise 24.4 percent for the year ended March 29, to 821 million pounds, or $1.64 billion, from 659.9 million pounds, or $1.32 billion.
— May 21, 2008

Nordstrom 'Not Pulling Back' on Expansion

Acknowledging the difficult economy and the company's flagging sales after five years of strong performance, Nordstrom Inc. executives on Tuesday sought to reassure shareholders at the company's annual meeting about how they are pushing forward.
— May 21, 2008

Russia to Be Adidas' Top European Market

Russia and the countries of the Commonwealth of Independent States are set to become Adidas AG's number-one European market within two years, the German activewear giant said in Moscow Tuesday.
— May 21, 2008

Lambertson Truex Names Bonfiglio President

Lambertson Truex has named luxury goods veteran Giuseppe Bonfiglio as its new president.
— May 21, 2008

More Mervyns Out West

Department store chain Mervyns said Tuesday it would open five new stores and launch an e-commerce Web site while selling off five to 10 underperforming locations.
— May 21, 2008

Kors Ringing Up Sales On Trunk Show Circuit

Michael Kors is doing his best to be the million-dollar man at trunk shows.
— May 21, 2008

Fashion Scoops: Stella In Liverpool… Marc At Saint Martins… Summer Stock

Stella McCartney is going back to her roots.
— May 21, 2008

The Pelt Way

One coat, 10 skins. Dressy fisher reimagined as an anorak.
— May 21, 2008

Fresh Furs

No longer relegated to designers of a certain age, the fur industry is relying on a cast of fresh faces, including Peter Som, Chris Benz, Doo-Ri Chung and Zac Posen, to help woo new customers.
— May 21, 2008

Mulberry Heads to the Hamptons

Mulberry is branching out - to the beach.
— May 21, 2008

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