International Lingerie Shows
Shirley of Hollywood
Renko Bra Accessories
Quick Commerce Credit Cards
Barnes & Noble
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Articles Of Interest
VF Sales Fall
M&Spencer Go Big
Wal-Mart buys China
Dupont Axes 2000 jobs
Saudis wear & tear
McPete Sez Mailbag
The Penthouse Foul
May Co. Consolidates
What men want
Authority gets aggressive
Woman's Wear Shows
May 15, 2002
Women's Wear Journal.
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VF Corp. Reports Q4 Loss
Apparel giant VF Corp.
reported a sharp drop in fourth quarter sales and income. Sales for the fourth quarter totaled
$1,295.4 million compared with $1,462.5 million in the prior year's
quarter. Net income excluding restructuring charges fell to $57.4
million compared with $86.8 million in 2000. The company
also took a $236 million restructuring charge in the fourth
quarter that included 13,000 job cuts. VF Corp.'s apparel labels include Wrangler, Lee,
Brittania, Vanity Fair, Lily of France, Jansport and Healthtex.
British high street giant Marks & Spencer is to launch a dedicated fashion collection for plus-size women later this year with sizes starting at 20 and going up to 28.
Provisionally titled "Plus", the new range will be rolled out across 50 stores this autumn and will include some of same styles of
garments in the revitalised retailer's new womenswear range.
The move will see it go head-to-head with Arcadia's Evans chain and follows complaints from larger women that they do not have
enough choice when it comes to fashionable and sexy garments.
Warnaco Inc, announced it is selling its former sewing factory and distribution
center in Costa Rica as it tries to emerge from bankruptcy protection.
The China Cup International Show
Chinese models show entries in the 'China Cup' International Women's Wear Design Contest Final in Shanghai April 28, 2002. The contest is part of a ten-day
Shanghai International Fashion Festival trying to put the city onto the world fashion
Chinese models wearing butterfly designs perform during an intermission at the China Cup underwear/beachwear design contest in Shanghai.
Chinese models show feathery underwear during the China Cup underwear/beachwear design contest in Shanghai
Is Wal-Mart buying everything from
A senior Wal-Mart executive said that the retail giant plans to acquire more textiles and clothing from China over the next five years as quota restrictions are lifted.
Cui Renfu, president of Wal-Mart's international group global procuring office,
said that the retailer plans to procure far more textiles from China in the future than it does at the moment.
If you walk into Wal-Mart, just try to find anything that says
"Made in the USA" (its all chinese..)
Troubled textile giant Guilford Mills Inc has announced it plans to sell its Twin Rivers factory in Schenectady, New York, to print fabric converter H Greenblatt and Co for an undisclosed sum. The announcement comes less than a week after the North Carolina-based company filed for Chapter 11 bankruptcy protection after agreeing a
deal with its lenders to reduce its $270 million debt to $145m.
Should move to China?
the curse of the drinking classes."
Falling sales and stiff competition this week forced
fiber giant DuPont Textiles & Interiors (DTI) to announce plans to axe more than 2,000 jobs - 10 per cent of its worldwide workforce. More than two-thirds of the job losses will be in the US, with the remainder at its European operations.
The First Lady is a perfect
Portuguese First Lady Maria Jose Rita displays a long dress by Portuguese designer Augustus during a fashion show promoting the
Portuguese fashion industry Friday night, April 26 2002, in Figueira da Foz, northern Portugal.
Bankrupt apparel manufacturer
Fruit of the Loom Inc was on Tuesday finally sold to Warren Buffett's Berkshire Hathaway Inc for at least $835 million in cash.
Berkshire said it had purchased substantially all of Fruit of the Loom Ltd's business operations and that its acquisition
completes the firm's emergence from Chapter 11.
NYC Fashion Week to Be Rescheduled
NEW YORK - New York Fashion Week is likely to be rescheduled to avoid conflict with events
commemorating the anniversary of the Sept. 11 terror attacks.
In a meeting last week, officials from the Council of Fashion Designers of America and representatives of designers and retailers reached a consensus to avoid keeping the shows on the current schedule of
Sept. 8-15. The runway shows held in tents at Bryant Park were in full swing at the time of the attacks last fall. The
rest of the previews were canceled immediately.
Moving the shows away from the anniversary "is absolutely the crux of the thing," Peter Arnold, executive director of the council, told The New York Times.
Fern Mallis, an organizer of the 7th on Sixth shows, said city officials had asked that the shows be
scheduled for another time.
Models wear lingerie from Australian supermodel Elle
Macpherson's Intimates Summer 2002 collection at a Sydney restaurant in
Sydney May10, 2002. The show which features a number of corsets and
torsolettes was timed to coincide with the end of Australian Fashion week,
which ran from May 6-10.
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