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International
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Internetgazette
Styles Fashion
Articles Of Interest
Buy American Provision
Page 1
China Increases Tax Rebate
to 15%
Page 1
CCC Accuses Retailers of Using Unethical Suppliers
Page 1
Ice Fishing for Valentines Day
Page 2
Intimate Graphics
Page 2
McPete Sez
Mailbag
Page 2
Macy's to Cut 7000 Jobs
Page 3
Ask Kevin
Page 3
Ask Andy
Page 3
Researchers Study Nonwoven Fabrics
Page 4
Granny Panty Boom
Page 4
Barney's NY for Sale - Again
Page 4
Man Fined For Cross-dressing
Page 5
The Buzz
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Reps Corner
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Page 3
Dogi's Be Natural Eco Range
Spanish elastic fabrics maker The Dogi Group said it has added more eco-friendly fabrics to its Be natural
Eco range.
The fabrics are made with a recycled nylon product called Mipan Regen, and completes the range of 20 Be
Natural products that Dogi introduced in 2008.
Under the Penn Elastic brand, the group has also launched DreamRespect, elastomeric knitted fabrics
using organic cotton in different weights with unlimited colors.
The company said in a statement: "The final garments made with Be Natural Eco as well as DreamRespect are
aimed at the increasing number of consumers who are conscious of the ecological effort necessary to
protect the environment."
8/12
Macy's to Cut 7000 Jobs
Department store retailer Macy’s Inc is axing 7,000 jobs, lowering its quarterly dividend, cutting back on
capital expenditure and centralizing its buying and merchandise planning operations as part of a range of
measures aimed at reducing costs amid a challenging economy.
The Cincinnati-based retailer, which operates more than 840 Macy's and Bloomingdale's stores, is also
hoping to drive sales through a national rollout of its My Macys locations which tailor merchandise to the
needs of local customers.
The moves are expected to reduce expenses by $400m a year beginning in 2010, the company said in a
statement, and come less than a month after Macy's said it was closing 11 underperforming stores as
same-store sales fell 7.5% in November and December.
The job cuts - which represent 4% of the company's 180,000-strong workforce - include the loss of 5,100
positions from its stores, distribution centers and offices.
Nearly 40% of executive positions in its central offices will go, including 1,400 jobs in San
Francisco, 850 in Atlanta, and 600 in Miami.
"Reducing our workforce is an unfortunate outcome of the current economic environment, and I am frustrated
that so many of our people will be unable to move forward with us as we proceed into a very exciting
future for Macy's and Bloomingdale's," said chairman, president and CEO Terry J Lundgren.
The expansion of the 'My Macy's' format, which has been piloted in 20 markets since spring 2008, is the
catalyst for changes in the retailer's operating structure.
Under the new structure, all US stores will be grouped into 69 geographic districts with 10 to 12 stores
each.
To meet their needs, from the second quarter of 2009 all divisional functions will be integrated into a
single organization, with central buying, merchandise planning, stores senior management and marketing
functions located in New York.
Corporate functions such as finance, human resources, law, property development and purchasing will be
located in Cincinnati.
The changes should reduce central office and administrative expense, eliminate duplication in
functions such as planning and buying, streamline decision-making, and help the company to work more
effectively with its suppliers, Macy's said.
"By reducing duplication, we will be able to react faster to market trends, simplify our relationship
with vendors and ensure that our expense dollars are
devoted to activities that will drive the business most effectively," Lundgren noted.
Bloomingdale's will remain a separate brand and organization and is not affected.
Other cost cutting measures include a freeze merit salary increases for executives across the company and
a reduction in contributions to employee pension plans in 2009.
Macy's also said it will lower its quarterly dividend to US$0.05 from US$0.1325, and has reduced its 2009
capital expenditures budget to $450m, down from earlier estimates of $550m to $600m.
It has also commenced a tender offer to redeem $950m in debt that is maturing later in 2009.
Looking ahead, Macy's expects to see "a very challenging environment" through fiscal 2009, and
forecasts a 6% to 8% drop in same-store sales and
earnings of $0.40 to $0.50 per share.
Going forward, Macy's management team will continue to be headed by Terry Lundgren, who will continue to be
based in New York.
He will be supported by Timothy M Adams, currently chairman and CEO of Macy's Home Store, who becomes
chief private brand officer; Thomas L Cole, currently vice chair of Macy's Inc, who becomes chief
administrative officer; and Mark S Cosby, currently president and COO of Macy's East, who becomes
president-stores.
Jeffrey Gennette, currently chairman and CEO of Macy's West, becomes chief merchandising officer; Julie
Greiner, currently chairman and CEO of Macy's Florida, becomes chief merchandise planning officer; and
Ronald Klein, currently chairman and CEO of Macy's East, becomes chief stores officer.
Spring Flingz™: Flingwear Gears
Up For Valentine’s Day With
New, Cotton-Candy Pink!
Women everywhere can look pretty in pink this Valentine’s Day thanks to Flingwears newest addition:
Flingz™ (The Ultimate Thong for Women on the Go™) in cotton candy pink. Debuting for Fall 2008 with
Flingz™ in nude and black, Flingwear Founder & CEO Kathryn Thigpen felt it was time to expand the color
range due to excellent customer feedback on comfort, fit, simplicity, and versatility to wear Flingz™ under
any outfit. What better way than with a pretty, fun, flirty color to get women ready for Valentine’s Day
and the Spring season!
Convenient, comfortable and travel-ready, Flingz™ are made of 95% cotton that is soft, natural and
eco-friendly, come tag-free, and lie flat on the hip to protect against dig-in and roll-up which as we all
know, leads to…the dreaded VPL (visible panty line).
Individually folded and wrapped in small, fresh, resealable plastic bags, each pair comes travel-ready
to be tucked away into a girl’s handbag, clutch, gym bag, glove compartment, luggage, carry on and more for
the ultimate spare pair! Flingz™ thongs are 95% cotton—a soft, natural, breathable and
eco-friendly fabric – and can be hand-washed and air-dried in a pinch.
Flingz™ thongs are sized S-L and currently come in nude, black, and new, cotton candy pink, available
individually or in the oh-so-cute Flingz™ Weekender 3-pack. The Weekender is absolutely perfect for
Valentine’s Day, Mother’s Day or other gift-giving occasions this Spring with its adorably designed
pillowbox case! (And with recyclable packaging, you can give the gift of Flingz™ guilt free!)
Flingz™ can currently be purchased online at www.flingwear.com
and in a growing list of U.S. boutiques. Great for women of all ages, the simple yet sexy design of Flingz™ is an
essential in every woman’s intimates wardrobe, because practicality never goes out of style.
So just who is the brainchild behind this brilliant idea? Entrepreneur Kathryn Lawrence Thigpen, a former
marketing executive faced with frequent packing, laundry and delayed luggage as a business traveler.
During a stopover that left her without a change of clothes and, the unthinkable…no change of
underwear, Thigpen conceived the idea for Flingz™.
“With more and more women now traveling for business, working out in gyms and leading otherwise active
lifestyles, Flingz™ can help simplify life,” says
Thigpen. “Women are sometimes surprised how often they turn to their Flingz™ - once she’s discovered the
convenience of having them on hand, she never wants to be caught without them again.”
Practical, simple and essential: Flingz™ in every bag!
ASK Kevin"
For all of your website questions...
Kevin and his wife have been retailing lingerie and adult products since 1988. They believe that a large portion of their business success came from the
addition of their websites to their retail store and that in today's fast paced
market, internet marketing goes hand in hand with any business.
Kevin's personal site design experiences include all levels of internet marketing and design including secure server ordering processes, merchant account integration, HTML editing, photo editing, graphic design and banner
advertisements. All of which are needed on a business style website.
Kevin also designs websites and consults clients who want to do more business online.
Kevin welcomes your questions and comments regarding website design, internet marketing, photo editing, domain registrations hosting and more. For serious website entrepreneurs, he recommends this course for complete Internet marketing training. Internet Marketing & Site Optimization Tips:
http://www.marketingtips.com/t.cgi/848190
You can ask Kevin your questions at
Kevin@mcpetesez.com
The "Ask Kevin" Column is an opinion Column and may
not necessarily reflect the views of
McPete Sez.
"Ask Andy"
Andy Weinstock has been in the fabric and textile business all his life, but professionally since 1969. 
"I love what I do, selling fabrics around the globe. I've met lots of interesting, creative, dynamic
folks; some have become dear friends. I love to help new businesses find the things they need to become successful. It works for everyone."
You can ask Andy questions about Fabrics at
Andy@mcpetesez.com
The "Ask Andy" Column is an opinion Column and may
not necessarily reflect the views of
McPete Sez
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