March 2008

04/01/08

March 31, 2008

The Canary in the Retailing Coal Mine:“J. C. Penney on Friday slashed its earnings forecast for the first three months of the year by 33 percent, blaming an outright drop in consumer spending that bodes poorly for competitors . . . chief executive of Penney, Myron E. Ullman, said that ‘consumer confidence is at a [...]

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March 29th, 2008

March 29, 2008

It’s Your Fault Those Shoes Cost So Damn Much:‘”Footwear is having its runway moment,’ says Marshal Cohen, chief analyst for New York market research firm NPD Group. Designers are ‘raising the cachet of the brand by having one extravagant style, and that one makes the other pairs seem more reasonable’ . . . the going [...]

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March 28th, 2008

March 28, 2008

France’s First Lady Steps Out in French Designer Dior While Visiting Abroad:“Bruni-Sarkozy, an Italian-born pop singer and former model who married the French president in February, caused a mighty splash in Britain, a country where politicians and their spouses are more stolid than stylish . . . Her appearance on the trip . . . [...]

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March 27th, 2008

March 27, 2008

Advice From Dries Van Noten:“Everybody dresses the way they want to dress. David Beckham–he’s trying very hard. I’m not so fond of his look, but I think a lot of people consider it extremely stylish. So who am I to say it’s unstylish? I’m not a dictator . . . Listen to what other people [...]

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March 26th, 2008

March 26, 2008

Speedo’s New Suit May Be Too Slick for Its Own Good:“A spate of swimming world records have led the sport’s governing body to call a meeting with Speedo to discuss the properties of the company’s recently launched LZR Racer swimsuit . . . it is the 13 world records — 12 in the Speedo LZR [...]

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March 25th, 2008

March 25, 2008

It’s worth taking a look at Ralph Rucci’s Fall/Winter 2008 collection: Vogue Editor Anna Wintour Makes Worst Dressed List:“Vogue editor Anna Wintour has long been considered an arbiter of taste stateside, but she isn’t getting much love in her native UK: In what is no doubt a shameless publicity ploy . . . the Daily [...]

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March 24th, 2008

March 24, 2008

Yohji Yamamoto To Stage Fashion Show in Beijing’s Forbidden City:“Yohji Yamamoto could inadvertently stir up a whole batch of drama in China when he stages a fashion show in Beijing’s Forbidden City next month . . . in an effort to defuse potential China-Japan tension over the event, Yamamoto is organizing the show in collaboration [...]

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March 21st, 2008

March 21, 2008

Hermès Group Posts Full Year Profit Despite Currency Fluctuations:As if anyone is at all surprised that Hermès can still manage to post a profit even in the bleakest of retail outlooks — “Revenues in Japan edged up only 3%, but rapid growth in China pushed sales up 15% in Asia. Silk and textiles had a [...]

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March 20th, 2008

March 20, 2008

Donatella Versace “Startles” Herself in the Mirror:We think we know why . . . Man Sells Over $7 Million Worth of Bogus Gucci Stock:“A Canadian man pleaded guilty to U.S. charges that he sold $7.3 million in bogus stock options in Gucci Group NV . . . Timothy Khan admitted Tuesday that he deceived an [...]

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March 19th, 2008

March 19, 2008

Reebok Fined $1 Million Dollars for Toxic Bracelets:“Reebok International has been fined $1m for importing and distributing charm bracelets containing toxic levels of lead . . . The charm bracelets were provided as free gifts with the purchase of various styles of children’s footwear. In March 2006, a 4-year-old boy from Minneapolis who swallowed the [...]

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