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The Inside: Pg. 12 ELIE TAHARI SUES ANDREW ROSEN FOR $180M/3 Top PantoneWWD Colors WWDWomen’s Wear Daily • The Retailers’THURSDAY Daily Newspaper • September 7, 2006 • $2.00 List Sportswear Stamp of Approval NEW YORK — In a major shift, Polo Ralph Lauren is bolstering its jeans business for spring by launching Lauren Jeans Co., a new better-priced denim line. The collection focuses on high rises and relaxed shapes in a variety of washes and fi ts. Here, for example, Lauren Jeans Co.’s stretch cotton denim vest, cotton voile shirt and cotton denim pants with stamp embroidery. For more on the line, see pages 6 and 7. Arnault in the Sun: LVMH Remains Bullish As Profits Climb 46% By Miles Socha PARIS — The U.S. dollar may be weak, but not enough to dent Bernard Arnault’s gold-plated optimism about the high-flying luxury sector. “The performance is extremely good. We are very confident in our objectives,” the chairman of LVMH Moët Hennessy Louis Vuitton said Wednesday in reporting a 46 percent leap in first-half net profits to 817 million euros, or $1 billion. “The economic environment is mostly positive, even if the dollar is a little lower.” Looking rested and happy after summer vacation, an upbeat Arnault See LVMH, Page 8 PHOTO BY KYLE ERICKSEN KYLE PHOTO BY WWD.COM WWDTHURSDAY Sportswear FASHION Polo Ralph Lauren is bolstering its jeans by launching Lauren Jeans Co., ™ 6 a new better-priced denim line featuring high rises and relaxed shapes. A weekly update on consumer attitudes and behavior based on ongoing research from Cotton Incorporated GENERAL The dollar might be weak, but not enough to dent LVMH chief Bernard 1 Arnault’s gold-plated optimism about the high-fl ying luxury sector. KNIT WITS Gianni Versace SpA swung back into profi tability in the fi rst half of the Sweaters Make Smart Style Sense This Season 4 year, meeting its original break-even target a year and a half early. DISH: AG Adriano Goldschmied, the premium denim fi rm, has teamed “Sweaters are the new separates,” declares particularly among women aged 35 and over. In 9 with HBO’s “Entourage” to form a lifestyle brand, AG for Entourage. Majda Coza, Head of Sweater Design for New the second quarter of 2005, 81.4% of all female BEAT: Tibi designer Amy Smilovic is opening her fi rst store, a 2,200- York and Company, an apparel business. She respondents stated that if a garment needed ironing, 10 square-foot fl agship at 120 Wooster Street in Manhattan, on Friday. enthuses about her craft, offering plenty of stylish, they ironed it at home. A lesser 76.6% made a Fortunoff is trying to position itself for growth and lure younger yet practical, ideas. “Layer them together. Round similar claim in the same period this year, with these 14 customers with a new ad campaign featuring Petra Nemcova. out your looks with belts and same women opting to wear the garment wrinkled, send it to the Rep. Robin Hayes (R., N.C.) introduced legislation that would boost the matching scarves. Have fun with rank of the U.S. special textile negotiator to ambassador. longer proportions and most of cleaners or to not have purchased 14 all, enjoy!” such an item at all. Classifi ed Advertisements.............................................................15 Sweaters have evolved beyond “Sweater dressing is in,” Coza To e-mail reporters and editors at WWD, the address is fi rstname. basic pullovers and standard from New York and Company [email protected], using the individual’s name. cardigans to take their rightful states. “This season, the thing to WOMEN’S WEAR DAILY IS A REGISTERED TRADEMARK OF FAIRCHILD PUBLICATIONS, INC. COPY- place at the forefront of women’s do is to invest in cozy, sexy, soft RIGHT ©2006 FAIRCHILD PUBLICATIONS, INC. ALL RIGHTS RESERVED. PRINTED IN THE U.S.A. VOLUME 192, NO. 49. WWD (ISSN # 0149-5380) is published daily except Saturdays, Sundays and holidays, with one ad- wardrobes. Today’s sweater and fun sweater looks.” And ditional issue in January and November, two additional issues in March, May, June, August and December, and three ad- dressing is all about chunky beyond a great look, comfort ditional issues in February, April, September and October by Fairchild Publications, Inc., a subsidiary of Advance Publications, Inc. PRINCIPAL OFFICE: 750 Third Avenue, New York, NY 10017. Shared Services provided by Advance Magazine Publishers cotton knits, sweater coats, factor and ease of care, Coza also Inc.: S.I. Newhouse Jr., Chairman; Charles H. Townsend, President & C.E.O.; John W. Bellando, Executive Vice President and generously sized turtlenecks and sees a superb flexibility in how C.O.O.; Jill Bright, Executive Vice President_Human Resources; John Buese, Executive Vice President_Chief Information Officer; David Orlin, Senior Vice President_Strategic Sourcing; Robert Bennis, Senior Vice President_Real Estate; Maurie Perl, Senior cowl necks, tunics, long and the style savvy consumer will Vice President_Chief Communications Officer. Shared Services provided by Advance Magazine Group: Steven T. Florio, Advance belted wraps, shapely shrugs and be putting knits to work. “This Magazine Group Vice Chairman; David B. Chemidlin, Senior Vice President_General Manager, Shared Services Center. Periodicals postage paid at New York, NY and at additional mailing offices. Canada Post Publications Mail Agreement No. knit sweater dresses. season, she wants that sweater 40644503. Canadian Goods and Services Tax Registration No. 88654-9096-RT0001. Canada post return undeliverable to be the new tunic, dress, Canadian addresses to: DPGM, 7496 Bath Road, Unit 2, Mississauga, ON L4T 1L2. POSTMASTER: SEND ADDRESS “Sweaters are an evolving CHANGES TO WWD, P.O. Box 15008, North Hollywood, CA 91615-5008. FOR SUBSCRIPTIONS, investment cardigan and sexy ADDRESS CHANGES, ADJUSTMENTS, OR BACK ISSUE INQUIRIES: Please write to WOMEN’S WEAR component of your wardrobe “Sweaters are the new this season,” says Linda DeFranco, volume top.” DAILY, P.O. Box 15008, North Hollywood, CA 91615-5008; Call 800-289-0273; or visit www.subnow.com/wd . Four separates. Layer them together. weeks is required for change of address. Please give both new and old address as printed on most recent label. a Senior Product Trend Analyst at “Sweaters are the bestsellers at Subscriptions Rates: U.S. possessions, Retailer, daily one year: $109; Manufacturer, daily one year $145. All other Round out your looks with belts Cotton Incorporated. “They are retail,” adds Perlick from Inhabit. U.S., daily one year $205. Canada/Mexico, daily one year, $295. All other foreign (Air Speed), daily one year $595. and matching scarves. Have First copy of new subscription will be mailed within four weeks after receipt of order. Address all editorial, business, doing double- and triple-duty as “They complete outfits from and production correspondence to WOMEN’S WEAR DAILY, 750 Third Avenue, New York, NY 10017. For permissions fun with longer proportions and and reprint requests, please call 212-221-9595 or fax requests to 212-221-9195. Visit us online: www.wwd.com. To tops, bottoms, extra layers or coats; dresses to jeans. The cardigans most of all, enjoy!”” subscribe to other Fairchild magazines on the World Wide Web, visit www.fairchildpub.com. Occasionally, we make and they are definitely more fashion transition well from day to evening our subscriber list available to carefully screened companies that offer products and services that we believe would conscious than ever before.” — Majda Coza, because they offer options.” But interest our readers. If you do not want to receive these offers and/or information by mail and/or e-mail, please advise New York and Company us at P.O. Box 15008, North Hollywood, CA 91615-5008 or call 800-289-0273. “Knits, in both skirts and dresses, don’t expect the current hit of WOMEN’S WEAR DAILY IS NOT RESPONSIBLE FOR LOSS, DAMAGE, OR ANY OTHER INJURY TO UNSOLICITED MANU- SCRIPTS, UNSOLICITED ART WORK (INCLUDING, BUT NOT LIMITED TO, DRAWINGS, PHOTOGRAPHS, AND TRANSPAR- are a really important trend for knits to be just a quick flash in the ENCIES), OR ANY OTHER UNSOLICITED MATERIALS. THOSE SUBMITTING MANUSCRIPTS, PHOTOGRAPHS, ART WORK, fall,” tells Stacey Perlick, Vice President of Sales for pan. Perlick continues, “We have doubled our OR OTHER MATERIALS FOR CONSIDERATION SHOULD NOT SEND ORIGINALS, UNLESS SPECIFICALLY REQUESTED Inhabit, a designer knitwear collection recognized business this fall and most of our retailers have for its stylish selection. “There is a lot of layering re-ordered.” of knit dresses with lighter layers underneath and That may be due to the variety of cuts and sweaters over them. We have a tunic dress, for textures, but also in color, according to those in In Brief example, that we paired with long knit cardigans.” the know, which offer something for everyone “Tunic lengths, sweater coats, belted cardigans this season. “Colors include neutrals, like plum, ● PARLUX MAKING ROOM FOR MORE: Parlux Fragrances Inc. and sweaters with cowl necks are dark brown, grey and black, with said it would sell some of its noncore product lines to make room important,” considers Richard icy tones of blue, beige and pink for new fragrance ventures. Parlux has asked GLMAC, which Ostell, Vice President and Creative Favorite Fabric to Wear becoming more important color was the intermediary for the recent announcement of the intent Director with Liz Claiborne Apparel. stories later in the season,” Ostell to sell the Perry Ellis fragrance business, to assist in the sale. “This fall, what is most important Cotton 58% from Liz Claiborne attests. “Black, Parlux previously has worked with GLMAC in securing the li- in knits from our collection is charcoal, navy, and heathered cocoa censes for Guess, Paris Hilton and Maria Sharapova fragrances.