Mad Mode Mad Mode

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Mad Mode Mad Mode THEYSKENS’ GAME PLAN/8 HOLT RENFREW GETS BIGGER/18 WWDWomen’s Wear Daily • The Retailers’TUESDAY Daily Newspaper • July 17, 2007 • $2.00 Ready-to-Wear/Textiles Here, January Jones in Pegah Anvarian’s suit and sweater, Elisabeth Moss in Nili Lotan’s cardigan and Katy HOO; STYLED BY MONICA SCHWEIGER HOO; STYLED BY Rodriguez’s jumper and Christina Hendricks in Ginny H’s coat and Yeohlee’s skirt. Mad Mode LOS ANGELES — On Thursday, “Mad Men,” AMC’s new drama set in the Madison Avenue advertising world of 1960, makes its debut. TAGE; PROP STYLING BY JOHN GEARY; FASHION ASSISTANT: VICTORIA MISIRLI; SHOES FROM CHRISTIAN LOUBOUTIN, SERGIO ROSSI AND JIMMY C VICTORIA MISIRLI; SHOES FROM CHRISTIAN LOUBOUTIN, ASSISTANT: FASHION JOHN GEARY; PROP STYLING BY TAGE; But it’s not just about the men; there are plenty of women in the cast, and they dress to be noticed. For more, see pages 6 and 7. Aiming at Target: Ackman Seeks to Leverage 9.6 Percent Stake By Erica Owen the nation’s number-two discount brand, significant growth ctivist investor William Ackman retailer and he is intent on opportunities and “the strongest Ais shaking up Target Corp. pressing management to boost operating management in the Ackman’s hedge fund, shareholder value, according to retail industry,” Pershing Square Minneapolis-based Pershing a filing with the Securities and said in the filing that it will Square Capital Management LP, Exchange Commission on Monday. “discuss with management ways has taken a 9.6 percent stake in Noting Target’s differentiated See Ackman, Page 9 PHOTOGRAPHED BY RAQUEL OLIVO AT BELLEVARADO STUDIOS, L.A.; HAIR BY DAMIEN MONZILLO/CELESTINE TALENT; MAKEUP BY IRIS MOREAU/ MON IRIS MOREAU/ MAKEUP BY TALENT; DAMIEN MONZILLO/CELESTINE STUDIOS, L.A.; HAIR BY BELLEVARADO OLIVO AT RAQUEL BY PHOTOGRAPHED 2 WWD, TUESDAY, JULY 17, 2007 WWD.COM Jones Promotes Operations Execs NEW YORK — Days after Wesley tions functions will become part “Along with the recent ap- WWDTUESDAY R. Card took over as president of Jones’ fi nancial group, also pointment of John McClain to Ready-to-Wear/Textiles and chief executive offi cer, Jones located in Bristol, which will re- the position of chief fi nancial Apparel Group Inc. is making port to John McClain, who was officer, these organizational FASHION several executive changes. promoted to cfo. changes will provide for strong Costume designer Katherine Jane Bryant is making her fi rst stab at an The company appointed Jones appointed Norman Veit and experienced leadership in 6 early Sixties wardrobe for the new AMC drama “Mad Men.” Cynthia DiPietrantonio chief op- executive vice president of man- our operations and financial erations offi cer to assume some agement information services. groups,’’ Card said in a state- responsibilities that were han- Veit has been with Jones for ment. “I am confident in the GENERAL Investor William Ackman has taken a 9.6 percent stake in Target Corp. dled by Card when he was chief fi ve years as senior vice presi- ability of these executives to operating officer and chief fi- dent of corporate management lead and to continue to provide 1 and said he planned to talk to management about increasing valuation. nancial offi cer. Card was tapped information systems. He was excellent customer service and Jones Apparel Group Inc. promoted Cynthia DiPietrantonio to chief for the top job when Peter previously vice president of in- to enhance our ability to meet 2 operations offi cer, succeeding Wesley R. Card, now president and ceo. Boneparth resigned last week. formation technology for Ames customer requirements.” DiPietrantonio, executive Department Stores. Veit will re- Jones’ executive ranks were EYE: Drawing out the fashion crowd in the middle of Milan’s sweltering vice president of customer rela- port to DiPietrantonio. shaken last week when Boneparth 4 July heat is nothing short of a miracle, as Karl Lagerfeld put it at La Scala. tions and corporate credit, has Michael Kauffman was named resigned from the $4.74 billion Catherine Malandrino has tapped PMD Japan to distribute its signature worked at Jones for 24 years. executive vice president of dis- wholesaler after fi ve years in the 5 collection throughout Japan, beginning with next spring’s line. Based in Bristol, Pa., she will tribution operations. Kauffman top job. His contract was to expire report to Card and will be the has worked at Jones eight years in March 2009, and the timing of RTW: Having infused Nina Ricci with his ethereal and romantic vision, senior corporate executive re- in a variety of senior distribu- his resignation — in the middle of 8 Olivier Theyskens is extending the aesthetic to retailing and advertising. sponsible for Jones’ Bristol oper- tion positions. Prior to Jones, negotiations to sell Barneys New Obituary......................................................................................13 ations group, including customer he held senior distribution posi- York — surprised many in the Classifi ed Advertisements.............................................................19 service, allocations, distribution tions with Perry Ellis/Salant and industry. Card has been with the and management information Calvin Klein. Kauffman will also company since 1990. To e-mail reporters and editors at WWD, the address is fi rstname. systems. The credit and collec- report to DiPietrantonio. — Whitney Beckett [email protected], using the individual’s name. WWD IS A REGISTERED TRADEMARK OF ADVANCE MAGAZINE PUBLISHERS INC. COPYRIGHT ©2007 FAIRCHILD FASHION GROUP. ALL RIGHTS RESERVED. PRINTED IN THE U.S.A. VOLUME 194, NO. 11. WWD (ISSN 0149–5380) is published daily (except Saturdays, Sundays and holidays, with one additional issue in January and November, two additional issues in March, May, June, August and December, and three additional issues in February, April, September and October) by Fairchild Fashion Group, which is a division of Advance Magazine Publishers Inc. PRINCIPAL OFFICE: 750 Third Avenue, New York, NY 10017. Shared Services provided by L.A. Ports Edge Toward Crisis Condé Nast Publications: S. I. Newhouse, Jr., Chairman; Charles H. Townsend, President/CEO; John W. Bellando, Executive Vice President/COO; Debi Chirichella Sabino, Senior Vice President/CFO; Jill Bright, Executive Vice President/Human Resources. Periodicals postage paid at New York, NY, and at additional mailing offi ces. Canada Post Publications Mail By Rachel Brown Ships at the Port Agreement No. 40644503. Canadian Goods and Services Tax Registration No. 886549096-RT0001. Canada Post: return of Los Angeles. undeliverable Canadian addresses to: P.O. Box 503, RPO West Beaver Cre, Rich-Hill, ON L4B 4R6 POSTMASTER: LOS ANGELES — The ports of SEND ADDRESS CHANGES TO WOMEN’S WEAR DAILY, P.O. Box 15008, North Hollywood, CA Los Angeles and Long Beach, 91615–5008. FOR SUBSCRIPTIONS, ADDRESS CHANGES, ADJUSTMENTS, OR BACK ISSUE INQUIRIES: Please write to WWD, P.O. Box 15008, North Hollywood, CA 91615-5008, call 800-289-0273, or visit the biggest port complex in the www.subnow.com/wd. Please give both new and old addresses as printed on most recent label. First copy of new U.S., face a possible shutdown subscription will be mailed within four weeks after receipt of order. Address all editorial, business, and production after negotiations between a correspondence to WOMEN’S WEAR DAILY, 750 Third Avenue, New York, NY 10017. For permissions and reprint requests, please call 212-630-4274 or fax requests to 212-630-4280. Visit us online at www.wwd.com. To subscribe to other clerical union and shipping Fairchild magazines on the World Wide Web, visit www.fairchildpub.com. Occasionally, we make our subscriber list companies reached an impasse available to carefully screened companies that offer products and services that we believe would interest our readers. Monday morning. If you do not want to receive these offers and/or information, please advise us at P.O. Box 15008, North Hollywood, CA 91615-5008 or call 800-289-0273. WOMEN’S WEAR DAILY IS NOT RESPONSIBLE FOR THE RETURN OR LOSS OF, A work stoppage could create OR FOR DAMAGE OR ANY OTHER INJURY TO, UNSOLICITED MANUSCRIPTS, UNSOLICITED ART WORK (INCLUDING, a major headache for the fash- BUT NOT LIMITED TO, DRAWINGS, PHOTOGRAPHS, AND TRANSPARENCIES), OR ANY OTHER UNSOLICITED ion industry because of delays MATERIALS. THOSE SUBMITTING MANUSCRIPTS, PHOTOGRAPHS, ART WORK, OR OTHER MATERIALS FOR CONSIDERATION SHOULD NOT SEND ORIGINALS, UNLESS SPECIFICALLY REQUESTED TO DO SO BY WOMEN’S WEAR in fall and holiday apparel ship- DAILY IN WRITING. MANUSCRIPTS, PHOTOGRAPHS, AND OTHER MATERIALS SUBMITTED MUST BE ACCOMPANIED BY ments. A SELF-ADDRESSED STAMPED ENVELOPE. “This [possible strike] is a big deal for several reasons, said Jack Kyser, chief econo- NEWS/LANDOV JAMIE RECTOR/BLOOMBERG PHOTO BY mist at the Los Angeles County are about 15,000 longshoremen the health plan for new hires to Economic Development Corp. that operate out of the two ports, HMO coverage for 18 months in- In Brief “One is that if there is a work which handle an estimated 40 stead of the PPO coverage that stoppage, it is coming at the start percent of all cargo container current clerical union members ● CARREFOUR’S SPANISH FOOTPRINT: Carrefour, the world’s of the peak season. If you have traffi c coming into the U.S. receive at no cost to them. second-largest retailer behind Wal-Mart, on Monday strength- something on a ship headed this John Fageaux Jr., president of But employers have argued ened its position in the competitive Spanish market by buying way, you are starting to wring Local 63’s Offi ce Clerical Union, that the wage package proposed 250 hard discount stores. The French firm said it would acquire your hands and tear out your said the union, based in San by the union has led the talks to the Plus store chain from Spain’s Tengelmann for 200 million hair.
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