http://www.wgsn.com/public/rss/wgsn_news.xml WGSN Daily News en-gb Wed, 10 Mar 2010 13:25:47 +0100 Copyright: (C)Worth Global Style Network, http://www.wgsn.com http://www.wgsn.com 30 http://www.wgsn.com/public/images/homepages/wgsn-logo.gif http://www.wgsn.com Karl Lagerfeld likes to offer a theatrical setting to help convey his Chanel seasonal message and if the audience weren't convinced of this winter's arctic theme from the polar bear invite, the glacial iceberg backdrop, a howling wind soundtrack and abundance of fur certainly rammed home the message loud and clear. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F10_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/10_2010mar10 Wed, 10 Mar 2010 23:49:00 +0100 Alexander McQueen's final collection – 16 pieces he had personally worked on before his suicide in February – was shown to a small audience on Tuesday. There was a focus on rich fabrics and a Byzantine-cum-Mediaeval influence for a series of after-dark looks that may have been out-of-step with the daywear trend of the latest fashion season but which highlighted the designer's creative talent and ability to inject a dress with breathtaking beauty. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F20_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/20_2010mar10 Wed, 10 Mar 2010 23:39:00 +0100 Swedish fashion retail giant Hennes & Mauritz has begun 2010 in a "good financial position" and the year could improve on last, albeit in a still-challenging global economy, its chief executive told Reuters Wednesday. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F25_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/25_2010mar10 Wed, 10 Mar 2010 23:34:00 +0100 Athletic sportswear retail giant Foot Locker Inc on Tuesday announced impressive expansion plans on three fronts: catering to a more diverse demographic by strengthening brands and assortments; growing internationally; and pursuing acquisitions, as it looks to hike annual sales by 22% to around $6bn in the next five years, from $4.85bn currently, raising sales per gross square foot to $400. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F30_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/30_2010mar10 Wed, 10 Mar 2010 23:29:00 +0100 Two key indices gave off mixed messages this week about US chain store sales, with one suggesting sales lifted well below plan in the week to March 6 but another pointing to the fastest annual growth since 2007. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F40_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/40_2010mar10 Wed, 10 Mar 2010 23:19:00 +0100 Spain's retail sales at constant prices fell 4.5% year-on-year in January, data of the national statistics office INE showed Wednesday. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F45_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/45_2010mar10 Wed, 10 Mar 2010 23:14:00 +0100 Italian fashion house Valentino is enjoying a strong start to the year, with wholesale and boutique sales both up in "double-digit terms," signalling efforts to rejuvenate the brand are paying off, its CEO Stefano Sassi told Reuters Tuesday. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F50_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/50_2010mar10 Wed, 10 Mar 2010 23:09:00 +0100 Despite growing signs that consumer spending is on the rise, Yves Saint Laurent chief executive Valerie Hermann thinks it is too early to be optimistic. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F60_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/60_2010mar10 Wed, 10 Mar 2010 22:59:00 +0100 Teen apparel retail giant American Eagle Outfitters said Tuesday it plans to close out its Martin+Osa brand and shutter its 28 stores and online offer by the end of July. Its shares rose 6% in extended trade on the news. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F70_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/70_2010mar10 Wed, 10 Mar 2010 22:49:00 +0100 Yue Yuen Industrial (Holdings), the world's largest athletic footwear maker by output, said Tuesday its operating revenue in February rose 5.6% year-on-year to $391.83m from $371m a year ago. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F80_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/80_2010mar10 Wed, 10 Mar 2010 22:39:00 +0100 The Dubai Mall, the world's largest shopping and entertainment destination, hosted a record 5m visitors during the one-month Dubai Shopping Festival (DFS). Weekly visitor footfall during the festival was up an average 30% over regular weeks. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F90_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/90_2010mar10 Wed, 10 Mar 2010 22:29:00 +0100 After three seasons, the Mad Men television series about advertising in the 1960s has confirmed its cult status with Mattel planning to bring out versions of Barbie and Ken styled after four of its central characters. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F95_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/95_2010mar10 Wed, 10 Mar 2010 22:24:00 +0100 Europeans are spending more time browsing the internet on their mobile phones and laptops, with the 121m wireless broadband users recording mobile web times of 6.4 hours a week compared to reading newspapers (4.8 hours) or magazines (4.1 hours). Meanwhile, some 71m Europeans use the internet on their mobile each week for an average of almost one hour every day, according to The European Interactive Advertising Association's Mediascope Europe study. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F100_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/100_2010mar10 Wed, 10 Mar 2010 22:19:00 +0100 The economic downturn has produced an enduring shift in consumer attitudes and retailers and suppliers will need to adapt to new shopping behaviours to succeed in today's evolved marketplace, a report from PricewaterhouseCoopers and Retail Forward suggests. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F110_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/110_2010mar10 Wed, 10 Mar 2010 22:09:00 +0100 US retailers must focus on three distinct types of shoppers rather than traditional demographics to drive growth, a new survey of consumer behaviour has found. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F120_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/120_2010mar10 Wed, 10 Mar 2010 21:59:00 +0100 Distinct natural and nature-inspired styling and colours were key at the latest Singapore Furniture Fair. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F128_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/128_2010mar10 Wed, 10 Mar 2010 21:51:00 +0100 Casualwear retailer J Crew late Tuesday reported it swung to a strong Q4 profit on the back of double-digit sales and issued a 2010 earnings forecast above analysts' expectations. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F130_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/130_2010mar10 Wed, 10 Mar 2010 21:49:00 +0100 Upscale department store Neiman Marcus returned to Q2 profit on improved footfall over the Holidays when it avoided discounts by keeping inventories low, it said Tuesday. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F140_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/140_2010mar10 Wed, 10 Mar 2010 21:39:00 +0100 Cost control and inventory management helped Stage Stores Inc post a 10% profit gain for Q4, it said Tuesday. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F150_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/150_2010mar10 Wed, 10 Mar 2010 21:29:00 +0100 Collective Brands posted a narrower-than-expected Q4 loss Tuesday, helped by strong gross margins. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F160_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/160_2010mar10 Wed, 10 Mar 2010 21:19:00 +0100 Tandy Leather Factory Inc saw its consolidated net income storm ahead nearly 40% in Q4 on the back of decent sales increases in all of its divisions, it said Tuesday. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F170_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/170_2010mar10 Wed, 10 Mar 2010 21:09:00 +0100 Dick's Sporting Goods Inc's Q4 profit topped analysts' estimates for the seventh consecutive quarter on strong sales of cold weather gear, and forecast a full-year profit that could at least meet expectations. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F180_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/180_2010mar10 Wed, 10 Mar 2010 20:59:00 +0100 Fashion chain Whistles racked up a loss of more than £5m last year, despite a revamp by former Topshop boss Jane Shepherdson. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F190_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/190_2010mar10 Wed, 10 Mar 2010 20:49:00 +0100 Hong Kong listed apparel retail giant Esprit has acquired its Finnish sales agency, it said Tuesday. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F200_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/200_2010mar10 Wed, 10 Mar 2010 20:39:00 +0100 New Zealand consumers put less on their plastic last month, with retail sales via electronic card dipping, Statistics New Zealand figures showed Tuesday. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F210_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/210_2010mar10 Wed, 10 Mar 2010 20:29:00 +0100 Swedish clothing sales edged up 1.8% year-on-year in February, outpaced slightly by a 2% gain in footwear sales, the association of sector retailers STIL and the research institute of trade HUI said Tuesday. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F220_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/220_2010mar10 Wed, 10 Mar 2010 20:19:00 +0100 Asia Retail Group Ltd aims to raise up to S$170m through an initial public offering of its Courts Singapore unit, sources said Wednesday. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F230_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/230_2010mar10 Wed, 10 Mar 2010 20:09:00 +0100 Lifestyle International Holdings saw its net profit leap 23.2% last year on record turnover at its department store, it said Wednesday, adding however that it remains cautious on the retail market for 2010. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F240_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/240_2010mar10 Wed, 10 Mar 2010 19:59:00 +0100 Australian shoppers are comfort eating their way through the global financial crisis, with turnover at cafés, restaurants and takeaway outlets outpacing all other retail sectors last year with an 11.3% gain. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F250_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/250_2010mar10 Wed, 10 Mar 2010 19:49:00 +0100 Young Australians have suffered under the recession more than their older compatriots, with members of Generation Y most likely to become unemployed or to receive just tiny salary increases last year, according to new data. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F260_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/260_2010mar10 Wed, 10 Mar 2010 19:39:00 +0100 Columbia Sportswear Company has launched a mobile storefront using e-commerce company Demandware Inc's mobile commerce application. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F270_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/270_2010mar10 Wed, 10 Mar 2010 19:29:00 +0100 Billabong International has dismissed as "without foundation" a civil lawsuit being launched against it by its former Indonesian licensee. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F280_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/280_2010mar10 Wed, 10 Mar 2010 19:19:00 +0100 Investment company Skyline has acquired a more than 50% stake in failed Polish apparel maker Roy for just PLN600 ($211) http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F290_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/290_2010mar10 Wed, 10 Mar 2010 19:09:00 +0100 The US is hoping to negotiate with Brazil before the South American country imposes retaliatory tariffs as part of a long-running cotton dispute. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F300_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/300_2010mar10 Wed, 10 Mar 2010 18:59:00 +0100 UK-based cashmere maker Dawson International saw operating profit from continuing operations edge up in 2009, but it swung to a net loss on its discontinued operations and also reported a widening of its pension deficit that it said represented "a challenge for the company". http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F310_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/310_2010mar10 Wed, 10 Mar 2010 18:49:00 +0100 The All Pakistan Textile Mills Association (Aptma) is planning to strike from March 18 unless the issue of cotton yarn exports is resolved, Business Recorder reported. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F320_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/320_2010mar10 Wed, 10 Mar 2010 18:39:00 +0100 Chinese textile and garment exports stuttered in 2009 as the effects of the global financial crisis were felt strongly in the sector. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F330_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/330_2010mar10 Wed, 10 Mar 2010 18:29:00 +0100 The master licensee for Fifa World Cup 2010 merchandise has withdrawn manufacturing approval for a Chinese factory after conducting an audit. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F340_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/340_2010mar10 Wed, 10 Mar 2010 18:19:00 +0100 French fragrance producer and marketer Inter Parfums reported Tuesday a 7% year-on-year rise in net profit to €22.6m ($30.7m) for 2009. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F350_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/350_2010mar10 Wed, 10 Mar 2010 18:09:00 +0100 Japanese retail giant Aeon Co said Tuesday it will raise its stake in drug store chain CFS Corp from some 33% to 51%, noting it will decide when and how it will acquire CFS shares by the end of the month. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F360_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/360_2010mar10 Wed, 10 Mar 2010 17:59:00 +0100 German household products maker Henkel expects noticeably stronger results this year, with its laundry, homecare and cosmetic sectors all posting substantially higher earnings, it said Tuesday. http://www.wgsn.com/members/f?url=%2Fmembers%2Fnews%2Fdailynews%2F201003%2F10%2F370_2010mar10 http://www.wgsn.com/members/news/dailynews/201003/10/370_2010mar10 Wed, 10 Mar 2010 17:49:00 +0100