May 15,  2003                                  Issue #97


15/24

        Mcpete -Sez, 
     The Lingerie Newsletter 
                  & 
       Women's Wear Journal
         
                 
Sleepwear-Daywear-Foundations-Loungewear-Hosiery-
       Swimwear-Dancewear-Clubwear-Funwear 
                              Ready to-wear.

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Gap Reports 22 Percent increase for 4 weeks ended May 3rd.
However, hundreds of workers from a Cambodian clothing factory which produces apparel for US clothing giant Gap Inc held a violent protest outside the plant as armed riot police raced to the scene. Several windows were smashed by stones at the Might Spectra Knitting Factory as around 500 workers held a noisy rally over their employer's refusal to hike wages to $38 per dozen sweaters from the current $17 per dozen.

     Wal-Mart Q1 Profit Climbs 14% 
Wal-Mart Stores Inc, the world's biggest retailer, on Tuesday reported a 14 per cent hike in first-quarter net income, boosted by strong sales in its international division. 
Sales rose 9.7 per cent to $56.72 billion, the company said. Sales at stores open for at least a year rose 2.2 per cent.
 7/24  


 
Goody's Told To Pay Tommy Hilfiger $11m 
Apparel chain Goody's Family Clothing Inc on Monday said it may appeal a court's ruling it must pay fashion giant Tommy Hilfiger Corp $11 million for selling counterfeit clothing and trademark infringement.
The Tennessee-based operator of 300 stores was on Friday ordered to pay Hilfiger $2.1m in damages from its sale of fake T-shirts and nearly $9m for trademark infringement related to the labelling of three lines of private label jeans formerly used by the retailer.


    
We’ve seen the pictures of Hong Kong residents’ LV-logoed face masks. There was even the bride who wore a white mask to match her wedding gown this week. But at Australian Fashion Week, this SARS-fueled trend has actually taken to the catwalk.
In a group show with four other Hong Kong designers, Dorian Ho sent models down the runway wearing beaded masks that picked up the patterns in their intricately adorned dresses. Ho said he started doing the hand-beaded masks in response to customers’ complaints that the medical necessity was ruining their ensembles. They retail for a reasonable $40 because, says Ho, “I have many designs – you’ll need different masks to go with different dresses.”
When he’s home in Hong Kong, Ho himself wears a custom-made mask, with his name studded on it in pink rhinestones.


                          
A model displays 'Oh-Edo Bra' developed to mark the 400th anniversary of Edo shogunate by lingerie manufacturer Triumph International Japan, during its 2003 Autumn/Winter collection in Tokyo May 7, 2003. The brassiere features embroidery depicting 400-year-old Edo castle on its cups and 38 crystalline pieces embedded across the straps and cups' outlines representing Tokyo's new subway route. Triumph says the bra was created to rediscover old and new Tokyo and added that it is not for sale.

    Sara Lee's Profit increases due to strong 
              Intimate apparel sales
Consumer goods giant Sara Lee Corp on Thursday posted a slight rise in third quarter net income as it was boosted by favourable foreign exchange rates and strong sales of its key intimate apparel and underwear brands. The Chicago-based company, which makes everything from food to household products, posted net income of $269 million, or 33 cents a share, versus $257m, or 31 cents, in the year-ago period. Revenue rose 3.6 per cent to $4.35 billion from the year prior.


12/24  

          Textile Exports Jump 21% To $5.6bn 
Pakistan's textile exports jumped 21 per cent to $5.64 billion in the July to April period of the current fiscal year from $4.66bn in the year-ago period, official data revealed on Monday.
According to figures released by the Federal Bureau of Statistics, cotton yarn exports rose by 3.2 per cent to $792 million from $767m in the 10 month period with cotton cloth exports up 16.3 per cent to $1.05bn from $908.7m. 
Knitwear exports jumped by almost a third to $875m versus $672m while overseas orders for sleepwear soared 37 per cent to $1bn from $737m last year.

                        
                         
A model wearing a bridal veil presents an underwear outfit during lingerie maker Wacoal's Autumn/Winter 2003 collection in Tokyo May 6, 2003. A total of 57 new lingerie products were shown at the event

 Hosiery Firm Phantom USA To Axe 40 Jobs 
More than 40 textile workers are set to lose their jobs with the closure of a North Carolina hosiery plant.
Phantom USA said it will shut the Wilkesboro plant later this year due and consolidate operations at its Siler City factory due to weak demand and fierce competition from overseas.

                              
 2/3
Where Fashion Meets Art"
   
Out-of-town visitors strolling Madison Avenue Thursday night must have thought the tony street really lived up to its high-priced reputation, serving cocktails and hors d'oeuvres to window shoppers and curious bystanders. But those who felt lucky to receive such treatment obviously didn't know they were helping support a cause.  
Photo Above: Mr. Leighton and Jacqueline Anderson
Over 15,000 guests were invited to chat and chew with the upper crust on the Upper East Side for the "Madison Avenue: Where Fashion Meets Art" event to benefit the Whitney Family Programs. With so many people wandering the streets for the 29-block party, it was hard to keep track of who was actually invited to the free event and who was lucky enough to toss back a few. (It's a safe bet to assume the couple in matching purple track suits were in the latter group.)
The fourth annual event features art and photography exhibitions that reflect each store's design philosophy in the windows, including two Lichtensteins from the Versace collection, which will be on display until May 17. The most popular destinations were at Fred Leighton, where Napoleon's $1 million "Tudor Rose" was on display, and a lingerie fashion show at La Perla.


2/12

Down with Love' Premieres at Tribeca Film Fest
Under cloudy skies Tuesday night, a bevy of actors, actresses and fans came out to show that not only are they down with love, they're down with New York as well.
Celebrating the premiere of "Down With Love," a modern homage to the Doris Day/Rock Hudson flicks and set in New York in 1963, those who came out for the opening night gala had a strong New York state of mind in their hearts. After all, the Tribeca Film Festival, conceived by Robert De Niro and Jane Rosenthal, was created in order to raise money and support to revitalize Lower Manhattan after September 11. 
 Left: Bai Ling at the festival,
"Alias" star Victor Garber fondly recalled filming the movie version of "Godspell" in 1973. "We did a scene dancing on top of the World Trade Center...the city of New York is very miraculous," Garber said.
Jeri Ryan of "Boston Public" fame and former Trekkie -- she played character Seven of Nine in the Voyager series -- looked anything but alien in a form fitting black Dolce & Gabbana dress and Manolo Blahnik sandals. Though not a native to the Big Apple -- "I was an army brat," she noted -- "I'm a New Yorker at heart...I think we all are. The energy here is what we all love."

         JC Penney Q1 Profit Falls By 29% 
First-quarter profit at retailer JC Penney Co Inc dropped by 29 per cent following what chief executive Allen Questrom described as “one of the most difficult retailing environments in recent memory." 
The weak retail environment has been hampered by chilly winter weather, while TV coverage of the war in Iraq kept customers from heading out to malls. 
Quarterly net sales fell 3 per cent to $7.49 billion. Sales at stores open for at least a year were down 4.9 per cent at department stores, compared with a 7.9 per cent rise a year ago.



     UK Retail Sales Soar In April 
UK retail sales jumped 4.8 per cent on a like-for-like basis last month thanks to a consumer spending spree over the Easter bank holiday, a downbeat British Retail Consortium (BRC) revealed on Tuesday.
The trade group said total high street sales for April climbed 7.6 per cent but when combined with March's results, sales grew by just 1.8 per cent on a like-for-like basis and 4.5 per cent on a total basis.

                

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