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JUNGLE FEVER.
August 1, 2003... NEW YORK -- Former indie princess Poppy King has unveiled her first effort at reinvigorating Prescriptives' color business with an edgy new lipstick collection. Due to launch in October, the collection boasts 33 new shades, including two with...
GOBBLE, GOBBLE: RETAILERS CATCH LATEST CONSOLIDATION FEVER.
August 1, 2003... NEW YORK -- Consolidation fever -- already red hot in wholesaling and among department stores -- is spreading to the specialty store and direct marketing sectors. Thursday's announcements that Chico's is buying White House/Black Market,...
LIZ SCORES IN SECOND QUARTER.(Liz Claiborne)
August 1, 2003... NEW YORK -- Liz Claiborne is taking strategic steps to keep up with the shifting retail landscape, while continuing its strong financial showing.
Company executives discussed some of these initiatives and the industry's woes Thursday as...
REVLON CUTS LOSS TO $37.8M.
August 1, 2003... NEW YORK -- Revlon is seeing a lighter shade of red, as the beauty giant posted a slightly slimmer second-quarter loss, better sales and market share gains.
Revlon experienced a net loss of $37.8 million, or 68 cents a diluted share, for...
IN BRIEF: TERRIFIC TWOS...LVMH MOVES.(new Michael Stars store; Jean-Jacques Guiony appointed deputy CFO at LVMH Moet Hennessy Louis Vuitton)(Brief Article)
August 1, 2003... TERRIFIC TWOS: T-shirt maker Michael Stars will open its second store on trendy Montana Avenue in Santa Monica, Calif., today. Inside the 800- square-foot boutique, maple shelves and white walls serve as a backdrop to the line's colorful...
COSMOPROF LAUNCHES U.S. VERSION.
August 1, 2003... LAS VEGAS -- It took most of those who attended Cosmoprof North America the entire run of the four-day beauty trade show to grasp and digest its strict admittance policies, "confusing" exhibitor layout, staggered pavilion openings and...
CAFTA RULES OF ORGIN CAUSES TEXTILE DIVIDE.(Central American Free Trade Agreement)
August 1, 2003... WASHINGTON -- A coalition of 14 textile and fiber groups that launched a unified lobbying campaign three weeks ago is still divided on some issues when it comes to free-trade deals.
These differences surfaced over rules of origin in the...
SARA LEE CITES INTIMATES AND UNDERWEAR FOR 15% FOURTH-QUARTER EARNINGS DROP.
August 1, 2003... NEW YORK -- Sara Lee Corp.'s Intimates and Underwear unit, the subject of structural streamlining on Wednesday, was clearly the corporate culprit on Thursday as it bore the brunt of the blame for lower earnings in the fourth quarter.
...
ALIDIOMICHELLI NAMES SALVINA SULTANA.(its new president)(Brief Article)
August 1, 2003... NEW YORK -- Salvina Sultana, who directed the growth of European labels including Hugo Boss, Escada and Mondi in the U.S. over the past decade, is making her next step with a smaller, virtually unknown player.
AlidioMichelli, a luxury...
LAUREN'S LONDON DIGS.(Ralph Lauren to open space for home collection in London)(Brief Article)
August 1, 2003... Ralph Lauren has always loved everything English and now the designer's Home collection has its very own space in England. Lauren next month will turn the 3,800-square-foot lower ground floor of his Bond Street flagship in London into a Home...
CARGILL DOW LAYS OFF R&D WORKERS.(research and development)(Brief Article)
August 1, 2003... NEW YORK -- Cargill Dow, the Minnetonka, Minn.-based company that produces polylactic acid -- a polymer made from corn -- laid off about 40 employees Tuesday, most of whom worked in research and development at the headquarters near...
VALENTINO HURTS MARZOTTO, DE RIGO SEES SALES DROP.
August 1, 2003... MILAN -- Marzotto is getting acquainted with Valentino's trademark red in more ways than one.
Losses from the recently acquired fashion house, coupled with a exceptionally high tax rate, caused Marzotto to post a net loss for the first...
ACQUISITIONS AID RUSSELL IN QUARTERLY TURNAROUND.
August 1, 2003... ATLANTA -- Russell Corp.'s acquisitions are starting to pay off.
In the second quarter ended July 6, the sportswear and sporting goods firm reported net income of $6.7 million, or 20 cents a diluted share, beating the First Call...
APPAREL GAINS FUEL PUMA IN 2ND QTR.
August 1, 2003... NEW YORK -- Hefty double-digit gains in apparel and footwear, and the beneficial effect of the takeover of its Japanese operation, helped Puma AG more than double its second-quarter profits.
In the three months ending June 30, net income...
AURA SCIENCE SPREADS ITS WINGS.
August 1, 2003... NEW YORK -- Aura Science, the joint venture between The Limited Inc.'s Intimate Beauty Corp. and Shiseido Co. Ltd., is shifting gears for the next phase. With its newest introduction Activate, this relatively young brand is putting a wrinkle...
PRESCRIPTIVES UNLEASHES ITS WILDER SIDE WITH KING.(Poppy King develops new lipstick line)
August 1, 2003... NEW YORK -- Former indie brand owner and animal lover Poppy King is determined to lead off her first official project for Prescriptives this fall with, well, a roar.
King has long been obsessed with leopard print -- and the...
LAUDER GIVES EYES THE FULL TREATMENT.(Estee Lauder)
August 1, 2003... NEW YORK -- Estee Lauder is eyeing growth in its skin care business this fall by building on three solid franchises.
In October, the brand will unleash new eye creams in both its Re-Nutriv and DayWear franchises and a mask in its...
NEW U.S. HEAD OF L'OCCITANE OUTLINES STRATEGY.
August 1, 2003... NEW YORK -- Nick Braden has been named managing director of L'Occitane's U.S. affiliate, succeeding Delphine Hibon, who became managing director at O & Co., a marketer of olive oils and related goods that is also owned by the French beauty...
BEAUTY SALES STRONG FOR P&G.(Procter & Gamble Co. )(Brief Article)
August 1, 2003... NEW YORK -- Even in its current, pre-Wella state, Procter & Gamble Co. reaped a large windfall from its beauty business during the fourth quarter.
The Cincinnati-based consumer products powerhouse reported that net income for the three...
CDMA PROVIDES SHADES OF HOPE FOR DRUG CHAINS.(Chain Drug Marketing Association launches line of cosmetics)
August 1, 2003... NEW YORK -- Now even small chains can have an exclusive cosmetics line.
National retailers such as Eckerd, Target and Wal-Mart have the clout to create proprietary beauty brands sold only in their stores. That's been a difficult feat,...
FLUCTUATIONS IN CURRENCY INFLUENCE CLARINS RESULTS.(Brief Article)
August 1, 2003... PARIS -- The strength of the euro made the difference between retreating and advancing sales at Groupe Clarins during both the second quarter and first half.
In the quarter ended June 30, sales fell 6.5 percent to $224.9 million. Dollar...
SHISEIDO REPORTS 1ST-QTR. SALES.(Brief Article)
August 1, 2003... TOKYO -- Shiseido Group generated consolidated sales of $1.18 billion, the converted equivalent of 141.75 billion yen at current exchange, for the first quarter ended June 30. This is the first time that the Japanese cosmetics giant group has...
INDEPENDENTS HAVE THEIR DAY.
August 1, 2003... NEW YORK -- Despite tough times for the beauty industry, the indie movement is alive and kicking.
New brands are continually launching into the market -- and Henri Bendel is continuing to serve as an incubator. The retailer holds a...
MEETINGS ABOUND OUTSIDE COSMOPROF.(cosmetics trade show)(Brief Article)
August 1, 2003... LAS VEGAS -- While product orders and distribution deals were taking place inside the Las Vegas Convention Center during the Cosmoprof North America trade show, many companies, while not officially exhibiting, set up meetings at various sites...
SEPTEMBER ISSUES UP, BUT THEN...?(fashion magazines)
August 1, 2003... NEW YORK -- This year's September fashion issues are once again reassuringly thick as phonebooks, but as indicators of fourth-quarter success, their insights are thinner than ever.
Sweeping cutbacks in ad budgets at a number of French and...
MEMO PAD: REAL PROFITABLE...ALSO IN DEVELOPMENT...THIS SPACE FOR RENT.(industry news briefs)
August 1, 2003... REAL PROFITABLE: Who knew you could get "kicked upstairs" for doing such a good job? After just three years of publication, Time, Inc.'s Real Simple is in the black. The news was sent around to the magazine's this week by Time, Inc. chief...
FERRETTI MAKES THEATRICAL DEBUT.(Alberta Ferretti designs costumes for 'Carmen')
August 1, 2003... ROME -- "Carmen" is one of the world's best-known operas, and as such, there seems to be no end to the adaptations of the drama by Georges Bizet, based on Prosper Merimee's story.
After being revisited by countless lyrical and movie...
ROMANCING THE STONES.
August 4, 2003... NEW YORK -- Accessories designers are adding a dash of razzle-dazzle for holiday, detailing the latest handbags, shoes and jewelry with rhinestones and bold, flagrantly fake gemstones. From brooches that have a simple, sparkling elegance to...
THE SLIPPERY SLOPE: TEXTILE, APPAREL JOBS LOSE ANOTHER 18,200.
August 4, 2003... WASHINGTON -- A perfect storm could be gathering over U.S. apparel and textile manufacturing.
Economists who have watched job losses mount over the past two years claim the horizon is ominously darkening for the twin industries, which...
JONES, KELLWOOD IN BATTLE TO BUY BANKRUPT KASPER.
August 4, 2003... NEW YORK -- The race to acquire Kasper A.S.L. and its signature suit and Anne Klein franchises appears to be coming down to two leading candidates: Jones Apparel Group and Kellwood Co., which are expected to face off in a bankruptcy...
PRADA IN TALKS TO RENEGOTIATE $787M IN DEBT.
August 4, 2003... MILAN -- Still basking in the glories of Jil Sander's triumphant return to the label she founded, Prada is turning its attention to matters decidedly less glamorous but just as critical to the house's future: its debt.
Prada is...
PPR RAISES GUCCI STAKE TO 65.63%.(Pinault-Printemps-Redoute S.A.)(Brief Article)
August 4, 2003... NEW YORK -- Pinault-Printemps-Redoute SA upped its Gucci Group NV stake to 65.63 percent as July drew to a close and put a plan in place that will bring it to the brink of its 70 percent ownership target for 2003.
During the 11 days...
COMING THIS WEEK.
August 4, 2003... Monday: Spring apparel market, New York (through Aug. 15).
Tuesday: Tommy Hilfiger Corp. reports on first-quarter earnings.
Printsource, Direction and Surface fall 2004-winter 2005 textile design shows, New York (through Thursday).
...
CORRECTION.(Correction Notice)
August 4, 2003... The pair of jeans to the right appeared on page 7, July 31 with incorrect credit information.
DADDY'S LITTLE GIRL.(Rachele Cavalli, Roberto Cavalli)(Interview)
August 4, 2003... FLORENCE, Italy -- A bout of bronchitis isn't enough to stop Rachele Cavalli from patiently posing under the scorching summer sun. Dressed in head-to-toe Roberto Cavalli, Rachele, 20, is every inch her father's daughter -- confident, sexy...
LET IT ROCK.
August 4, 2003... NEW YORK -- Talk about jewel tones -- holiday accessories are pure glamour. There's no better way to add flash and panache to rings, handbags and even shoes than with colorful crystal or rhinestone gems.
LEBOURG APPOINTED TO DESIGN BALMAIN.(Christophe Lebourg)(Brief Article)
August 4, 2003... PARIS -- Christophe Lebourg has been named the new artistic director for Balmain.
Lebourg, 40, succeeds creative director Laurent Mercier, who, as reported, left Balmain in June after designing one couture and three ready-to-wear...
BILL BLASS DISMISSES YVONNE MILLER.
August 4, 2003... NEW YORK -- The Bill Blass hatchet struck again last week -- this time aimed at the late designer's longtime muse, Yvonne Miller, who was let go on Thursday after 17 years at the house.
According to Deborah Hughes, an external...
FERRAGAMO'S UNITED STAND ON FIFTH.(Salvatore Ferragamo S.p.A. opens flagship store featuring both women's, men's collections)
August 4, 2003... NEW YORK -- The separation is over. Salvatore Ferragamo men's and women's collections are being united on Fifth Avenue in a 22,000-square-foot, two-level white, beige and gray flagship on the northeast corner of 52nd Street, opening today....
WILBUR ROSS LOOKING TO GET RUNNING START.(agrees to buy Burlington Industries out of bankruptcy)
August 4, 2003... NEW YORK -- "We are not liquidators. Our symbol is not the vulture but the phoenix, the mythical bird that arises anew out of its own ashes."
Those were the philosophical words of Wilbur L. Ross as he met Friday morning with a group of...
FASHION SCOOPS: NOT SPONGEWORTHY...THE SILVANOS...MARK THE DATE.(Column)
August 4, 2003... NOT SPONGEWORTHY: Sponges might have a squeaky clean image -- even SpongeBob -- but they can hide dirty little secrets, as designer Cynthia Rowley unwittingly exposed last week.
As part of a scholarship program sponsored by 3M's O-Cel-O...
RALPH BRINGING BLUE TO BLEECKER.(Ralph Lauren plans women's only store for Blue Label in West Village)
August 4, 2003... NEW YORK -- Ralph Lauren sees women in a blue light.
The designer plans to open his first women's-only store for Blue Label on Sept. 6 at 380 Bleecker Street, a 700-square-foot space between Charles and Perry Streets in the heart of the...
SMOOTH SAILING.(today's flexible lingerie collections are appropriate on a boat or yoga class)(Brief Article)
August 4, 2003... NEW YORK -- Designers mix a soft palette in comfy fabrics with easy, trick-free shapes that make for the most flexible lingerie collections. A look that is right on a boat works just as well in a yoga class or lounging at home. Here, Natori's...
COTTON CANDY.(cotton resort wear is simple, sporty and sexy)(Brief Article)
August 4, 2003... There's something just right about the simplicity of cotton. And for resort, it's at once sexy, simple and sporty in a variety of stretchy knits and cozy wovens.
A BULLISH SPRING FOR LINGERIE.(lingerie for the spring 2004 market)
August 4, 2003... NEW YORK -- An appetite for what consumers want, not what they need, is expected to set the pace of the spring 2004 market.
An emphasis on fashion and anything with a special twist will be the focus this week at Madison Avenue showrooms...
INTIMATE NOTES: ZICCARDI LANDS LEJABY...STUDENT DESIGNERS.(Warnaco Group awards Lejaby ad account to Ziccardi Partners Frierson Mee)(Brief Article)
August 4, 2003... ZICCARDI LANDS LEJABY: Ziccardi Partners Frierson Mee, one of the largest privately held advertising agencies in New York, with offices in Paris, has been named agency of record for the Lejaby brand of premium French foundations at the Warnaco...
AGE GROUP PICKS UP FLORA NIKROOZ.(Flora Nikrooz Lingerie)
August 4, 2003... NEW YORK -- Flora Nikrooz Lingerie, a designer sleepwear firm, has been acquired by The Age Group.
A purchase price was not available. The Nikrooz company generates annual wholesale sales of between $5 million and $8 million, according...
MAXIMIZING THE PLUS-SIZE POTENTIAL.(hosiery firms create products for plus-size market)
August 4, 2003... NEW YORK -- From patterned socks to anticellulite pantyhose and footless tights, vendors have been working for some time to lure women back into legwear departments.
Now, a number of legwear makers are stepping up their efforts in the...
BAG, SHOES STEP UP AT KORSHAK.(Stanley Korshak Co. plans to increase production of shoes, handbags)
August 4, 2003... DALLAS -- Stanley Korshak is pumping up the volume in shoes and handbags.
Reflecting continued strength in the accessories sector, the luxury retailer based here is more than doubling the size of its shoes and handbag department.
...
TURNING ON THE WHITE TRASH CHARM.(jewelry brand White Trash Charms is launching a line of luxury home goods)
August 4, 2003... LOS ANGELES -- Since its debut in 2001, jewelry brand White Trash Charms has helped fuel the current craze for quirky precious-metal charms, even getting celebrities such as Sarah Jessica Parker, Shoshanna Gruss and Christina Ricci to don...
THE GIRLS PUT THEIR PRINT ON LEGS.(The Girls label licensed to legwear firm K. Bell for socks)(Brief Article)
August 4, 2003... NEW YORK -- It started out as a whimsical print on T-shirts and then moved on to handbags, sleepwear, home accessories and activewear. Now, The Girls, the budding label started by Larchmont, N.Y.-based Melissa Gitelman, is putting its print...
FURLA USA TAPS DIMAIO-LUCAS.(names Carol DiMaio-Lucas managing director)(Brief Article)
August 4, 2003... NEW YORK -- Carol DiMaio-Lucas has joined Furla USA as managing director, replacing Danilo Bordini, who left the firm in January.
DiMaio-Lucas, who was most recently vice president of accessories at Cole Haan, oversees wholesale and...
FRED CLOSING STORES.(jeweler Fred Paris to close two stores in California)(Brief Article)
August 4, 2003... Luxury jeweler Fred Paris, a division of LVMH Moet Hennessy Louis Vuitton, said it will close its two stores in California, located on Rodeo Drive in Beverly Hills and South Coast Plaza in Costa Mesa, by the end of this month. In addition, the...
NOW 20, WJA SALUTES WOMEN JEWELERS, EXECS.(Women's Jewelry Association)
August 4, 2003... NEW YORK -- The soaring humidity last Sunday night didn't dampen spirits at the annual Women's Jewelry Association dinner gala.
Held every year in conjunction with JA New York, the event this year was especially meaningful for many of...
JA: LAST STOP FOR HOLIDAY.(JA New York International Jewelry Show)
August 4, 2003... NEW YORK -- The all-important fourth quarter could add some luster to the fine jewelry business, which has had its challenges in recent seasons with the economic downturn.
Vendors and retailers at the JA New York International Jewelry...
DYER TO EXIT AS PRESIDENT OF LANDS' END.(David Dyer )
August 4, 2003... NEW YORK -- A management troika, constituting a newly created office of the president, will assume responsibility for Lands' End after David Dyer retires from its parent, Sears, on Friday.
Dyer went to Sears in June 2002, following the...
TSA SAID SEEKING NEW AD AGENCY.(The Sports Authority)(Brief Article)
August 4, 2003... LOS ANGELES -- The Sports Authority is said to be shopping for a new ad agency for its $80 million creative account.
Sources said the Fort Lauderdale, Fla.-based sporting goods retailer has contacted several ad agencies in a call for...
ORIGINS' NEW LINEUP FOCUSES ON RELAXATION.(also includes news from Jaqua Girls, Giorgio Armani Parfums and Cosmetics)
August 4, 2003... NEW YORK -- With its latest product collection, Origins is heading back to its bath and body roots.
Calm to Your Senses, a three-item lineup coming in November, is intended to harness the power of two well-known relaxing ingredients:...
DOMENICO DE SOLE RATES TOPS AMONG LUXE CHIEFS.(in Institutional Investor ranking of Europe's Best CEOs)
August 4, 2003... MILAN -- Domenico De Sole has received a form of kudos that just might be more gratifying than runway applause, retailers' orders or consumer purchases.
In an Institutional Investor survey of portfolio managers, analysts and investment...
EUROPE WATCH: FASHION VICTIMS...TAILOR MADE...SUN SHINES ON SALES...CAROLINE'S NEW LINE.(includes multiple news briefs)
August 4, 2003... FASHION VICTIMS: Two financially troubled, London-based labels are ready to start anew. German designer Markus Lupfer, whose signature label went into liquidation in late April because of poor sales -- especially in his key market of Japan --...
VERSACE SIGNS DEAL TO AID CHINA EXPANSION.(signs distribution agreement with Joyce Distribution Ltd.)
August 4, 2003... MILAN -- In line with its aggressive plan for growth in China, Versace has signed a distribution agreement with Hong Kong-based Joyce Distribution Ltd., a subsidiary of Joyce Boutique Holdings Ltd., to expand its business in that country.
...
SUN-KISSED.(sundresses)(Brief Article)
August 5, 2003... NEW YORK -- A dose of girlish charm goes a long way. And for resort, the little sundress lives on in myriad cheery colors and prints. Here, Nicole Miller's viscose version. Erickson Beamon earrings; shoes by Dickyi for Tibet Kailash. For...
CHANGING THE GUARD: TRACY'S GALLEN, ALLARD SAIL INTO THE SUNSET.
August 5, 2003... NEW YORK -- Herbert Gallen and Linda Allard, the dynamic Seventh Avenue couple who dressed America's first generation of female executives in working clothes that grew up -- along with their customers -- from innocent 1950s sportswear to...
DYER FILLS TOMMY'S NEED.(Tommy Hilfiger)
August 5, 2003... NEW YORK -- Tommy Hilfiger has finally found his man.
After a 10-month search, Tommy Hilfiger Corp. has named David F. Dyer as president and chief executive officer, succeeding Joel Horowitz, who continues as chairman. Dyer resigned...
HERMES FILES HANDBAG LAWSUIT.
August 5, 2003... NEW YORK -- Hermes of Paris is protecting its Birkins and Kellys.
The luxury goods company last Thursday filed a federal lawsuit against Steven Stolman, the designer and retailer with units in Manhattan, Southampton and Palm Beach, Fla.,...
IN BRIEF: TWICE AS NICE...DONE DEAL...LENZO LEAVES SAKS.(Kellwood Co.)(Brief Article)
August 5, 2003... TWICE AS NICE: Kellwood Co. and Russell Simmons will collaborate for a second time with the Def Jam University sportswear collection for young men and juniors. The DJU collection will launch at the MAGIC show in Las Vegas later this month. The...
MARKS & SPENCER'S ALTERNATIVE LIFESTYLE.
August 5, 2003... LONDON -- Vittorio Radice, the executive who transformed a dusty Selfridges department store into a glittering luxury goods souk, is training his keen sight on Marks & Spencer Home.
As the first executive director of M&S's underdeveloped...
JET SET.
August 5, 2003... NEW YORK -- Since the release of their self-produced four-song debut "Dirty Sweet EP," Jet, the roaring rock band from Down Under, has been labeled the Australian version of Oasis, the saviors of rock 'n' roll and the Rolling Stones...
MILL DO.
August 5, 2003... "To say I'm excited is an understatement," declared Sarah Jessica Parker at the 10th annual Watermill Benefit hosted by Robert Wilson and Louis Vuitton in the Hamptons on Saturday. The tiny actress wasn't referring to the event at hand but to...
WWD POSTCARD.(Saks Fifth Avenue)(Brief Article)
August 5, 2003... I'm in San Francisco at the Four Seasons, looking at the fantastic view from my balcony. I've been spending time in Lake Tahoe, which has to be one of the most beautiful places in the world. This was my fourth year coming to Tahoe to do an...
SUN-KISSED.(sundresses)(Brief Article)
August 5, 2003... NEW YORK -- What could be more charming than fluttering butterflies, dainty dots and Crayola-colored florals? The season's flirty sundresses have it all.
U.K. RETAILERS CATCHING CONSOLIDATION CRAZE.
August 5, 2003... LONDON -- Retail consolidation is reaching a fever pitch in the U.K.
With Selfridges now sold to Galen Weston and Debenhams likely to be sold to Permira or another suitor, New Look, the vertically integrated fast fashion women's retail...
FASHION SCOOPS: SHAKESPEARE REDUX...TRUNK SHOW...STITCH IN TIME.
August 5, 2003... SHAKESPEARE REDUX: Gwyneth Paltrow and Joseph Fiennes are teaming up for yet another Shakespeare-inspired performance. The stars of "Shakespeare in Love" are to play Romeo and Juliet in a one-night performance at London's Globe Theatre in aid...
NU SKIN'S ANTIAGE SCIENCE PROJECT.
August 5, 2003... NEW YORK -- Skin care treatment concepts have sprouted from all over.
Creams and lotions designed to repair and/or improve skin have tapped technology from a range of processes including wine making, wound care, burn treatment and plant...
MEMO PAD: INTER OFFICE MAIL...STORMIN' NORMAN.
August 5, 2003... INTER OFFICE MAIL: They often say assistants are worse than those they assist.
Exhibit A: Two e-mails from teen darling Atoosa Rubenstein's slightly overzealous assistant, Charlene Fabbiano, to the staff of Seventeen magazine.
Exhibit...
GAP'S THOMPSON APPOINTED DIRECTOR OF M&S CHILDREN'S.(Brief Article)
August 5, 2003... LONDON -- In another bid to boost its underperforming children's wear division, Marks & Spencer plc has named Anthony Thompson, currently senior vice president, Europe for Gap Stores, its director of children's wear. His starting date has not...
S.C. SEN. FRITZ HOLLINGS PLANS TO RETIRE IN 2004.(Brief Article)
August 5, 2003... WASHINGTON -- Sen. Ernest "Fritz" Hollings, a staunch defender in Congress of the U.S. textile industry for almost 37 years, said Monday he won't seek another term and will retire at the end of next year.
While beloved by textile...
80 YEARS OF BURLINGTON HISTORY.
August 5, 2003... NEW YORK -- Burlington Industries Inc. takes its name from the North Carolina city where it was founded 80 years ago, as Burlington Mills, by World War I veteran J. Spencer Love.
It opened its first mill in 1924, which produced cotton...
BURLINGTON EXIT HEARING SET.
August 5, 2003... NEW YORK -- The next step in the troubled history of Burlington Industries Inc., the octogenarian textile company that was once the world's largest mill, will be determined in a Wilmington, Del., U.S. Bankruptcy Court by the month's end.
...
JAPANESE MILL IN NANO-TEX DEAL.(Brief Article)
August 5, 2003... TOKYO -- American-developed nanotechnology is finding its way into the Japanese textile and apparel industry.
Unitika Fiber Ltd., a major Tokyo fiber producer, has concluded a licensing agreement with Emeryville, Calif.-based Nano-Tex...
COTTON'S NEW CANDY.(Cotton Incorporated)(Brief Article)
August 5, 2003... NEW YORK -- Tapping into its on-staff trend spotters, Cotton Incorporated recently introduced the latest additions to its ongoing women's wear initiative. "We're lucky in that we have a development team that travels the world and brings back...
QUOTA WATCH: VIETNAM.(Brief Article)
August 5, 2003... At the beginning of August, eight apparel and textile quota categories from Vietnam had consumed more than 60 percent of the total quota allocation for the year. The U.S. will give Vietnam increases in some of its categories as early as this...
FALL'S PRUDENT MARKETERS.
August 5, 2003... NEW YORK -- During tight economic times, using marketing money to focus directly on relationships with consumers and retailers is an important way to boost sales and maintain name recognition, according to several suit and dress executives....
ASIA WATCH: COSTLY SITE...RETAIL BOOST...NEW GEM.
August 5, 2003... COSTLY SITE: Tokyo's Chuo Street at Ginza 5 Chome was ranked as the city's most expensive area, according to land assessments by the National Tax Administration Agency in Japan. The assessment for 2003 was announced last Friday. Chuo Street at...