Saturday, March 28, 2009

USA:DSW names Michael MacDonald as President, CEO

USA:DSW names Michael MacDonald as President, CEO

 


USA:DSW names Michael MacDonald as President, CEO

DSW Inc announced the appointment of Michael MacDonald as President and Chief Executive Officer.

"Mike is a results-driven leader with a substantial breadth of experience in the retail industry," said Jay Schottenstein, chairman and CEO of DSW Inc. "His strong background and leadership skills will serve us well in our continued growth of the DSW brand."

Mr. MacDonald will assume the position of CEO from Mr. Schottenstein. Mr. Schottenstein will retain the role of chairman. When he joins DSW in April 2009, Mr. MacDonald will report to Mr. Schottenstein and the Board of Directors of DSW Inc.

MacDonald joins DSW from his position as chairman and CEO of Shopko Stores. With over thirty years in the retail industry, his career includes previous executive leadership roles at Saks Inc., Carson Pirie Scott, Marshall Fields and Dayton Hudson Department Stores.

Mr. MacDonald was brought in as head of DSW following a search conducted by Berglass + Associates, an executive search firm known for its work in specialty retail. 




Chile:Skechers expands in South America thru new subsidiary
Toyota US president worried about supplier chain
Nissan announces GT1 Class NISMO GT-R

USA:Swiss Armaan enters the U.S. market

USA:Swiss Armaan enters the U.S. market

 


USA:Swiss Armaan enters the U.S. market

Haute horlogerie arrived in the U.S. earlier this year with the debut of Armaan Swiss Diamond Watches. A new contender in the high-end, luxury watch category, Armaan enters the market with fine timepieces executed in a manner usually only found in the finest diamond jewelry.

A recent Beverly Hills launch party attracted a number of Hollywood's glitterati that hit the red carpet event to officially welcome the brand to the U.S. Christina Moore ("90210"), Aaron Stanton ("Mad Men") and Danielle Nicolette ("The Starter Wife"), were among the celebrities viewing the Armaan time dazzlers. Other celebrities sporting Armaan timepieces include Oscar-winner Jennifer Hudson, Paula Adbul ("American Idol"), and U.S. Gold Medal Olympians Dwight Howard and Dwayne Wade.

Armaan Swiss Diamond Watches are aimed at men and women who seek style, substance and quality in timepieces. Manufactured using the highest grade stainless steel, the timepieces are polished to resemble platinum making the watch an everyday or special occasion timepiece.

"A high jewelry watch has become increasingly popular," said Nas Ekangaki, executive sales director, Armaan Swiss Diamond Watches. "It is a piece of fine jewelry," added Ekangaki. "Fashion is about constant reinvention. A timepiece is a much more personal purchase. It's a long term reflection of who you are and how you define yourself."

Based in Lugano, Switzerland, Armaan was founded in 2006 by Nirav Bhansali.

Men's and ladies timepieces are available in a variety of styles and color combinations. Each collection is produced with high level Swiss manufacturing and production standards. 




Switzerland:Federal Councillor Pascal Couchepin to open leading jewellery show
Top Gear Australia audience sign-up open

USA:Skins announces spring 09 deliveries to select retailers

USA:Skins announces spring 09 deliveries to select retailers

 


USA:Skins announces spring 09 deliveries to select retailers

Skins Footwear, innovators of interchangeable fashion footwear will begin shipping to select retail accounts beginning March 23. The new spring products represent the initial efforts from the Skins management team and our Brazil manufacturing partners.

The new collection features premium leathers and detailed workmanship built around the framework of the third generation Bone and footbed. Mark Klein, president and founder stated, “We are more than pleased with our new partnership in Brazil. This collaboration has allowed us to significantly improve product quality and to finally deliver the ultimate in comfort as well as design.”

Product will be leaving the warehouse today and tomorrow and Skins will soon be found in stores such as Footwear Etc. in northern California and San Diego, Sportie LA in southern California, Casserd’s in San Francisco, James Davis in Memphis, Saxon Shoes in Richmond, Littles in Pittsburgh, Hawley Lane in Connecticut, Summerlin Shoes Las Vegas, The Walk Shop Tallahassee, Battaglia in Miami and Aventura FL, Blue Sole Shoes Philadelphia, Island Shoes Pawleys Island, The Shoe Market Greenville NC, David Parker Shoes Nashville, and Bachrach stores in Nashville, Dallas, McLean VA, Oklahoma City, Troy Michigan and Novi Michigan. Expectations are that distribution will grow rapidly as consumers respond to the ability to own interchangeable footwear.

Skins will be available online in April at Amazon.com, Endless.com, FootwearEtc.com, and SportieLA.com.

Dennis Walker, SR VP Sales stated, “This select group of retail partners will help give the Skins brand the traction that will lay the foundation for rapid growth. In the current retail climate a brand will emerge that will allow the right retailers to stand above the crowd. We believe Skins is that brand.” 




Mitsubishi to close California design studio
USA:Fergie’s sexy summer footwear line with a glam rock influence
Nissan announces GT1 Class NISMO GT-R
Australia:Gold Coast Fashion Week to encapsulate lifetsyle of region

USA:Refresh your wardrobe with Plato's Closet this spring

USA:Refresh your wardrobe with Platos Closet this spring

 


USA:Refresh your wardrobe with Platos Closet this spring

The advent of the spring season also ushers in new fashions. For the fashion conscious, this means a time to scour their closets to determine what's in and what's not. And, for the cost conscious, this might mean scaling back on spending big bucks on clothing.

For both audiences, Plato's Closet is announcing practical warm weather must-haves for fashionistas.

"Spring is a wonderful time of year for teens and young adults to refresh their wardrobes and their style, but we know the economy is taking a toll on many people," said Renae Blonigen , director of Plato’s Closet.

Blonigen says the hottest trends are as follows:

• Dresses – Hailed by every fashion magazine and stylist as a must-have for spring 2009, dresses are truly the multi-purpose piece. Key styles for this year include the A-line 60's shift, Grecian drapery, asymmetric one shoulder, loose flowing layered ruffle top dress, and the tried and true maxi.

• Exotic Tribal – Transcontinental tribal references will be seen in pattern, print and fabrics such as Navajo rust-red, turquoise and brown beadwork, and southwest coloration. African tribal influences such as the Ikat print with vibrant colors will be seen on shoes, purses and apparel.

• Watercolor Prints – From ditzy garden florals to bold graphic shapes to Ikebana, the Japanese art of floral design, watercolor prints featuring large brush strokes and soft edges will be hot. Color hues for these patterns can range from soft and muted to bright and bold.

• Geometry – Although teens are used to learning geometry in the classroom, this year's spring fashions incorporate shapes in different ways. Circles, origami folds and pintucking are expected to create drapes and layers that will result in new and exciting lines and silhouettes.

• Statement Jewelry – When cash is at a minimum, bold accessories can really make a statement. Huge necklaces, big costume jewelry, stacked chunky cuff bangles, tribal necklaces and large cocktail rings are all expected to grab attention and give life to any new outfit. 




USA:вЂWhat not to wear’ will change your style
Hyundai unveils BLUE-WILL hybrid concept

India:FDDI participates in the GDS Fair, Germany

India:FDDI participates in the GDS Fair, Germany

 


India:FDDI participates in the GDS Fair, Germany

The 2009 GDS International Fair was held at DГјsseldorf, Germany from 13th to 15th March 2009. Footwear Design & Development Institute (FDDI) participated in the fair in stall no. 70 D 28 at hall number 7.

"Being a world-class training institute, we need to redefine ourselves as creators of pathways to the future." Mr. Rajeev Lakhara, IRS, Managing Director, FDDI.

FDDI displayed its publications and informed about its laboratory services, training programmes and consultancy services through brochure and one-to-one meeting.

According to Mr. Rajeev Lakhara, IRS, Managing Director, FDDI, "Being a world-class training institute, we need to redefine ourselves as creators of pathways to the future."

"We believe that developing a sense of understanding for Design and Innovation will be strategically important to organizations. This necessitates, equipping ourselves on a continuous basis. Hence, FDDI participated in the fair to gather the latest forecasts and trends of footwear styling and components for autumn/winter season" added Mr. Lakhara.

In order to attract business prospect from the foreign companies for FDDI in the area of testing & laboratory services, the signing of Memorandum of Understanding (MoU) with the International Shoe Competence Centre (ISC), Germany was also heralded during the fair.

On behalf of FDDI, Mrs. Heena Raina, Sr. Designer, (Product Development Centre) participated in the fair.

The other Indian participants in the fair were Excelsior Leathers Pvt. Ltd., Kolkata, Gupta H.C. Overseas (I) Pvt. Ltd., Agra, Lilybet Footworld, New Delhi, Raj Sohes, Mumbai, Transworld Shoes Corporation, Agra, Tri Star Exports, Mumbai.

"The objective of the participation was to strengthen & foster business association in the global footwear market." Mr. Shashi Bhushan Shukla, IRS, Secretary FDDI.

During the fair, brochure and magazine of FDDI were also distributed. The fair was an ideal platform to source, develop relations and exchange views for the global footwear industry.

According to Mr. Shashi Bhushan Shukla, IRS, Secretary FDDI, "The objective of the participation was to strengthen & foster business association in the global footwear market." 




Tata Nano to be sold by lottery
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Switzerland:Monaco Twenty Four Concept combines works & looks with time

Switzerland:Monaco Twenty Four Concept combines works & looks with time

 


Switzerland:Monaco Twenty Four Concept combines works & looks with time

Invoking the electrifying spirit of the world's most arduous sports car race, TAG Heuer continues to push the boundaries of watchmaking with its Monaco Twenty Four Concept Chronograph. Introduced at BaselWorld, this provocative timepiece features the same state-of-the-art engineering as the powerful GT cars that take to the 24 Hours of Le Mans circuit. Additionally, the Monaco boasts a shock protection system invented by TAG Heuer that is the first of its kind, underscoring the brand's passion for revolutionizing the way timekeeping works and looks.

The Monaco Twenty Four Concept Chronograph's race car-inspired functionality is found in every aspect of the piece's design, most notably in the energy manifold that houses the Calibre 36 movement. Comparable to a GT car's cockpit cage, this proprietary steel-tube structure safeguards the mechanism, ensuring that the watch can better withstand shock.

The movement gains additional protection from a shock-absorbing composite filter material that comprises the manifold's arms. Used in the racing and aerospace industry, this material insulates the Calibre 36 movement by directing vibrations into the composite filter, which absorbs and dissipates their energy. Unlike a conventional timepiece's Incabloc system, which protects the mechanism only from external shocks, TAG Heuer's revolutionary Advanced Dynamic Absorber insulates the movement entirely.

The Monaco Twenty Four Concept Chronograph is able to withstand an impact of 24,000 G, the equivalent of a 65-foot fall, compared with the industry standard of 2,000 - 5,000 G, or a three-foot fall. These additional safeguards ensure the Monaco and its components will remain unscathed whether the wearer is skydiving from 15,000 feet or attending a very enthusiastic business meeting.

Another definitive attribute of the chronograph is its annular oscillating weight. Unlike conventional watch weights, the Monaco's is made out industrial-grade tungsten, a rare metallic element that is extremely hard and infusible. The heaviness of the tungsten - and ultimately the oscillating weight - allows the chronograph to be more fully wound, resulting in more accurate timekeeping. Such attention to detail epitomizes TAG Heuer's passion for perfecting even the tiniest increment of time.

The Monaco Twenty Four Concept Chronograph features the same iconic square dial as the original Monaco Automatic Chronograph, but advances its look with a black PVD-coated case and an oversized "24" at the 12 o'clock position. Additionally, the 40.5 mm piece bears a two-part dial: The upper part is embellished with a blue and an orange stripe, the same design found on Grand Prix champion and TAG Heuer ambassador Jo Siffert's racing suit from the 1960s.

The lower portion of the dial boasts two semi sub-counters at 3 and 9 o'clock - the first part of the hand at 3 o'clock displays zero to 15 minutes and then triggers the hand at 9 o'clock to count 15 to 30 minutes.

Other features of the timepiece include: scratch-resistant sapphire crystal and caseback, anti-reflective double-sided treatment and water resistance to 100 meters. It is featured on a blue alligator strap with orange stitching. 




Switzerland:Aquaracer 500M watch gives a sporty sophistication
Honda Insight concept at MIMS

Switzerland:Aquaracer 500M watch gives a sporty sophistication

Switzerland:Aquaracer 500M watch gives a sporty sophistication

 


Switzerland:Aquaracer 500M watch gives a sporty sophistication

Answering the call of diving enthusiasts who demand an exacting timepiece that is robust as well as refined, TAG Heuer unveiled its new Aquaracer 500M series. Whether worn while swimming along the Great Barrier Reef or exploring the underwater caves of Turks & Caicos, these watches take serious sports-inspired functionality to a new extreme.

Water resistant to 500 meters, each model in the Aquaracer 500M collection is equipped with the definitive attributes of a high-performance diving watch, including a unidirectional turning bezel that ensures precise elapsed dive-time measurement. Highly luminescent markers on the hands and indexes, as well as an orange-tipped second hand, provide at-a-glance readability under water or in dim light. Additionally, the sapphire crystal and caseback are scratch-resistant and anti-reflection treated for optimum visibility.

To prevent damage to the watch and its movements, the Aquaracer 500M features an automatic helium valve that releases, upon decompression, any gases that infiltrate the watch during a deep dive. A fine-brushed, screw-in crown with double safety gaskets further protects the timepiece from water or dust penetration.

The Aquaracer 500M is offered on a choice of stainless steel bracelet or black rubber strap, both of which are equipped with safety push buttons and a solid-steel folding clasp designed to prevent accidental opening. The integrated extension system allows wearers to adjust the strap so that it fits comfortably over a wet suit.

The 43 mm model is available with a black, silver or blue dial with vertical streak effect for approximately $2,450. For even more sporty sophistication, the Aquaracer 500M will be available in late summer with a rose gold bezel and black dial.

The Aquaracer 500M series is certified with the Controle Officiel Suisse des Chronometres (COSC) Automatic Movement. 




Limited Edition Subaru Liberty GT spec.B R
Switzerland:Monaco Twenty Four Concept combines works & looks with time

USA:вЂFall 2009 LA Fashion Market sees steady traffic’ - CMC SVP

USA:вЂFall 2009 LA Fashion Market sees steady traffic’ - CMC SVP

 


USA:вЂFall 2009 LA Fashion Market sees steady traffic’ - CMC SVP

From March 20 -24, 2009 the California Market Center (CMC) welcomed buyers, designers, exhibitors and press from around the globe to the Los Angeles Fashion Market, for Fall ’09. This Fashion Market saw steady traffic, throughout the weekend, with peaks on Friday and Sunday.

Buyers shopped from hundreds of permanent showrooms at the CMC in addition to five tradeshows throughout the building including, FOCUS| Apparel and Accessories, TRANSIT| The LA Shoe Show, MOM2B, Transmission, and Brighte by ENK.

The California Market Center was also home to three nights and one day of fashion shows hosted and produced by Who’s Next What’s Next Media. Buyers remained busy throughout the Market placing orders, attending events, and participating in various perks, amenities, snacks, and raffles.

“The Fall 2009 LA Fashion Market saw steady traffic,” said Joanne Lee, SVP of the California Market Center. “It was an improvement from January – buyers were definitely writing.”

Linnie yen Hhuynh of Thursday Island in Suite C529 agreed, saying, “This Market was especially successful for us considering the circumstances of the economy…every buyer who made an effort to come into our showroom were quality buyers and serious about doing business.”

The FOCUS | Apparel and Accessories had the strongest selection of exhibitors since its move to the Penthouse Floor. “We really focused on bringing in new, upcoming quality lines. We want to provide buyers with something different than other tradeshows, and additional options to lines in the building,” said Sr. Tradeshow Manager, Chelsea Matthews.

Corine Grant, Owner and Designer of Hammered Handmade commented, “The FOCUS show was really great for me! I picked up a few new stores, as well as a new showroom at the CMC!” The FOCUS show also welcomed BuzzFlickr PR, who hosted the “Catch a Buzz” Lounge throughout the show, as well as Wheelers Ice Cream, who provided buyers and exhibitors, with a frosty vegan treat, from their ice cream cart at FOCUS as well as the TRANSIT | LA Shoe Show, across the Bridge.

MOM2B Maternity Show took place in the Penthouse from Thursday March 19, 2009 - Saturday March 21, 2009. Transmission took place Friday March 20 – Saturday March 21, 2009 in Suite A-Lobby 3 in the CMC Main Lobby. And lastly, Brighte by ENK took place in the Fashion Theater from Friday, March 20 – Monday, March 23, 2009.

On Friday, Saturday and Sunday evening, March 20-22, 2009, Who’s Next What’s Next Media hosted shows on the Front Patio of the California Market Center. Many CMC tenants participated. On Friday, tenants included, women’s contemporary lines, Cynthia Steffe, D.E.P.T., and a 5th Floor Collective show including Necessitees, Allen Allen, Tulle, Walter, Be Seduced, Maria Bianca Nero and Sue Wong. On Saturday afternoon, the kids floor participated in a “Kids on 6” collective, featuring lines, Eva & Oli, Serendipity, Cackleberry, Appaman, Luna Luna, Mim – Pi and Oopsy Daisy Baby.
 




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SAAB could have up to five buyers
Toyota & Subaru’s sports car 2 years away
UK:Annual Fashion auction offers one-off garments

Chile:Skechers expands in South America thru new subsidiary

Chile:Skechers expands in South America thru new subsidiary

 


Chile:Skechers expands in South America thru new subsidiary

SKECHERS USA Inc, a global leader in the lifestyle footwear industry, announced that it has expanded its operations in South America by assuming the distribution of its brand in Chile through a newly established subsidiary, SKECHERS Chile Ltda.

With roots stretching back more than a decade in Chile through a distributor agreement and recent sales improving considerably, SKECHERS believes the brand can evolve into one of the most desirable and recognized footwear brands in the country with direct involvement by the Company.

“Chile has become an essential component to our Latin American strategy,” began Michael Greenberg, president of SKECHERS. “It will complement our growing business in Brazil through a recently established subsidiary along with our sales across many Central and South American countries, which are handled by our largest distributor based in Panama. Taking a hands-on approach in Chile will allow us to reach more fashion-savvy consumers in this growing nation of nearly 17 million people.”

With the prior distributor arrangement in Chile, SKECHERS found success under the leadership of division manager Santiago Polanco and brand manager Cristian Donghi. Polanco and Donghi will be managing the new subsidiary with key members from their previous team, ensuring a smooth transition.

“While we helped develop a name for SKECHERS in Chile as a distributor, we’ll now have the full resources of SKECHERS at our disposal to grow the brand to a new level in our market,” stated Polanco, country manager of SKECHERS Chile. “As a SKECHERS subsidiary, we expect to reach and meet the needs of more consumers thanks to expanded style choices, coordinated marketing, and the direct involvement and expertise of the global company.”

The wholesale business in Chile, which will now be serviced directly by SKECHERS, is currently comprised of approximately 160 customers covering 500 doors. Chile’s SKECHERS retail stores total 10 (six in Santiago and four in the cities of Temuco, Concepcion, Antofagasta and the tourist beach city of Viña del Mar).

As part of the transition, these locations will become company-owned SKECHERS concept stores. Including the Chile stores, SKECHERS now operates more than 250 domestic and international stores, and the Company’s distribution partners operate approximately 100 stores, bringing the total number of SKECHERS retail stores worldwide to 350.

SKECHERS currently markets a variety of styles for men, women and kids in Chile as well as styles from the Marc Ecko fashion brand. SKECHERS plans to introduce new product offerings as its footprint expands in the region.

Chile marks the 10th SKECHERS subsidiary and 16th international country into which SKECHERS directly handles its sales. The distribution in Chile was formerly handled by CATECU, S.A., a division of the Swiss-based multi-national wholesaler BATA. 




USA:Skins announces spring 09 deliveries to select retailers
Lagonda premieres with first concept

USA:New partners for PoshГ©

USA:New partners for PoshГ©

 


USA:New partners for PoshГ©

Almell Products Ltd, makers of the award-winning nail care line PoshГ©, announces the acquisition of the corporate assets by PoshГ© USA, LLC. PoshГ© was launched in 1995 by Almell Products for beauty professionals interested in giving clients strong, healthy, beautiful nails and has gained much popularity since then from professionals and consumers.

This philosophy is still true today and Poshé’s mission continues to be providing healthy solutions to issues concerning hands and feet without using harmful ingredients. “Our focus is primarily professional products but we are gaining popularity with consumers – they want meaningful products that address specific issues too,” says Ms. Lynn Beaurline, CEO and President.

Poshé’s USA, LLC new partners consist of Lynn Beaurline, Joseph Birlin, Rich Banholzer and Al Barrenechea. Each partner brings something unique to the company along with many years of experience in all different fields.

Poshé’s commitment has always been to the professionals and consumers who are concerned about using products containing Formaldehyde, Toluene and Phthalates. The brand has even committed to using shipping materials that are environmentally friendly by working with APC Wind, cartons made with wind energy.

“We have a new team heading up this flourishing nail and hand care brand and we are excited to bring PoshГ© to another level,” says Ms. Beaurline. “There are a lot of great things happening at PoshГ© which include launching new products as early as Cosmoprof.” 




Canadian Chrysler dispute over
USA:Skins announces spring 09 deliveries to select retailers

Thursday, March 26, 2009

Germany:Esprit Arena to stand for the fashion capital of DГјsseldorf

Germany:Esprit Arena to stand for the fashion capital of DГјsseldorf

 


Germany:Esprit Arena to stand for the fashion capital of DГјsseldorf

Characteristics such as vibrancy, youthfulness, and athleticism symbolize both the recognized lifestyle brand Esprit and one of the most modern arenas in the heart of Europe. The partnership is tailor-made for both partners: Esprit’s Global Business Headquarters in Ratingen and the arena are only separated by a few kilometers, which will provide ongoing advantages for years to come. This immediate proximity and the excellent mutual rapport were decisive factors during contract negotiations.

City Mayor Dirk Elbers: “I am thrilled that Esprit will be lending its name to the Arena for the coming years. Because Esprit is an international company, its commitment as the stadium’s new namesake is right in line with Düsseldorf’s internationality and the stadium’s charisma.

This is a demonstration of Esprit’s close relationship with Düsseldorf and the entire region in addition to being a clear sign that the economic world believes in the area. It also shows that the Arena is an outstanding event location acknowledged by major global players. Esprit is a symbol of a way of life, something that holds particular allure for us. In the future, the name Esprit Arena will also stand for the fashion capital of Düsseldorf.”

The Arena Düsseldorf stadium was completed in 2005 and is located next door to the Messe Düsseldorf, an international trade fair facility with a 66,000-visitor capacity. The Arena is one of Europe’s most modern and impressive multi-purpose stadiums and boasts a perfect location for both arrivals and departures: it is easily accessible by public transport thanks to its own subway station, features 18,000 parking spaces for vehicle traffic, and is located in close proximity to the Düsseldorf International Airport for visitors travelling by plane.

Esprit Chairman and Group CEO Heinz Krogner: “The Esprit Arena is a matter of great significance to us. Aside from the fact that it is located right next door to our Global Business Headquarters, the Arena symbolizes what Esprit has always stood for surrounded by Düsseldorf’s unparalleled dedication to athletics and culture: vibrancy, youthfulness, spontaneity, and athleticism.”

Esprit is one of the most well-known lifestyle brands in the world with a history of success that extends back over four decades. Once started as a family business in California, Esprit is today a global player with an extensive commitment to social causes. The Esprit Arena is a gift to its friends and fans as well as an avowal to Düsseldorf that holds significance far beyond the region’s borders.

IFM, an independent firm, performed the assessment of arena naming rights by conducting an analysis that included both cross-media and non-media values.

An empirical study was conducted with online questionnaires both in the greater DГјsseldorf region as well as throughout all of Germany to represent the entire population. The monetary counter-value of the naming rights determined by the IFM was examined in the final step through secondary research and comprehensive benchmarking within the context of the current market situation. IFM based its market-driven price recommendation on this factor as well a comparisons of data available on the market in terms of capacity, invested sponsoring sum, and contract duration for the naming rights for stadiums and arenas in Germany.

According to DГјsseldorfCongress CEO JГ¶rg Mitze, “This agreement is trendsetting for the future of the Arena in the regional capital of DГјsseldorf. Exclusivity, elegance, and high standards for our own product are fundamental principles that drive day-to-day efforts for both contract partners. We look forward to a long-term, successful collaboration.” 




SAAB could have up to five buyers
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Switzerland:Federal Councillor Pascal Couchepin to open leading jewellery show

Switzerland:Federal Councillor Pascal Couchepin to open leading jewellery show

 


Switzerland:Federal Councillor Pascal Couchepin to open leading jewellery show

BASELWORLD, the World Watch and Jewellery Show, will be opened this year by Federal Councillor Pascal Couchepin, and will run from March 26 to April 2. Exhibitors are set to display their innovative products to the most important buyers from all over the world over the eight-day event. In the current difficult economic climate, an international trade show such as BASELWORLD acts as a driving force for the entire sector.

BASELWORLD - the world's largest and most important trade show for the watch and jewellery industry - will be opening its doors on Thursday, March 26, 2009 in Basel, Switzerland.Thanks to huge media interest, the eyes of the whole world will be on Basel during the eight days of the Show. Once again, the world's renowned and leading watch and jewellery brands will be present in 2009 to display their unique products and collections.

World's leading showcase
Set over an area of 160,000 m2, the World Watch and Jewellery Show is the biggest trade show held in Switzerland. The innovations and trends presented confirm BASELWORLD's status as the world's leading showcase within the watch and jewellery sector. No other show offers the diversity and synergies that enable BASELWORLD to provide an incomparable overview of what is happening in the luxury goods sector.

Driving force for the luxury goods industry
Suppliers of unique one-off watch and jewellery products rubbing shoulders with representatives from leading luxury goods companies, and the multicultural mix in the national pavilions - where exhibitors from all over the world present their non-branded products – are what make BASELWORLD such a special event. The world's key diamond and precious stone dealers will also be out in force once again at this year’s BASELWORLD. It all goes to prove just how important the world show is as a stimulus to the luxury goods industry.

Great economic significance of BASELWORLD
The presence of Interior Minister Pascal Couchepin serves to underline the great importance of the World Watch and Jewellery Show to the Swiss watch industry which, despite imminent economic difficultties, saw its exports increase to 17 billion Swiss francs in 2008 – thus making it the country's third most important sector of industry. 95% of Swiss watch manufacturers are represented at BASELWORLD. The importance of BASELWORLD is also immense for the local and regionnal economy - with trades and businesses (the hotel and restaurant sector, stand construction companies, catering, travel, logistics etc.) benefiting each year to an extraordinary extent from this highlight in the trade show calendar.

 




Top Gear Australia audience sign-up open
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USA:Joe's Jeans reiterates Q4 earnings guidance

USA:Joes Jeans reiterates Q4 earnings guidance

 


USA:Joes Jeans reiterates Q4 earnings guidance

Joe's Jeans Inc announced that it expects its fourth quarter net sales to be $17.8 million, slightly above the high end of its previously announced range of $17.4 and $17.7 million. Further, the Company expects to earn $0.02 per share, also at the high end of its previously announced guidance, before consideration of any non-cash charges.

The Company anticipates first quarter of fiscal 2009 net sales to be between $16.0 million and $16.5 million, reflecting 5% to 8% top line growth. In addition, the Company expects to earn $0.01 per share, before consideration of any non-cash charges.

The Company expects to provide more information on its fourth quarter and full fiscal year 2008 on its conference call to be held after its filing, which has been delayed due to a pending restatement regarding its method of accounting for its merger transaction with JD Holdings, Inc. completed in October 2007.

Joe's Jeans Inc designs, produces and sells apparel and apparel-related products to the retail and premium markets under the Joe's brand and related trademarks. 




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USA:вЂWhat not to wear’ will change your style

USA:вЂWhat not to wear’ will change your style

 


USA:вЂWhat not to wear’ will change your style

myShape Inc is making it easier for women to look great at 20, 30 and 40. myShape provides each member her own Personal Shop, with fashions and accessories that match her fit, flatter her shape and reflect her personal style. Patty Fox, myShape.com's Chief Creative Officer, Fashion Coordinator for the Academy Awards, and best-selling author, offers what not to wear dressing tips for every age and style!

Women in their 20s face some big changes in their lives; many will enter the workforce as professionals, many will marry and many will have their first child. Each of these milestones brings challenges for what not to wear! "Before starting out in the workforce, a woman will want to experiment with and then identify her personal style," concedes Fox. "Defining your Personal Style is all about identifying who you are and sticking to it."

In her 30s, a woman may find herself in a leadership role at work or be faced with a different body shape after having children. "These events can change how a woman shops, but what not to wear and her personal style should not shift dramatically," states Fox. The most important thing according to Fox is that women should be buying clothes that fit their body shape without losing focus on her personal style.

By the time a woman reaches her 40s, she has a very clear idea of who she is, though the work world may have her re-evaluating her wardrobe for an interview or a new career altogether. Some women may reach for younger looks or fashions that have personal nostalgia attached to them, but Fox offers a what not to wear warning that includes not wearing reruns!

"If a trend is back in style, it's usually not a good idea to buy into it because trendy looks are geared towards younger consumers and are shaped and made for younger bodies and budgets. Stick to your personal style and accent your wardrobe with one or two flashier pieces as long as they fit well and mesh with the rest of your wardrobe," advises Fox.  




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Japan:Kao to Launch Asience in Malaysia

Japan:Kao to Launch Asience in Malaysia

 


Japan:Kao to Launch Asience in Malaysia

Kao Corporation on April 1, 2009 will launch premium hair care brand Asience in Malaysia. To date, since the introduction of the brand in Taiwan, Hong Kong, Singapore, China and Thailand, this will be the sixth overseas region to launch the brand.

For future continuous growth and development of the Group, Kao believes it is imperative to expand its market into other Asian countries and regions where high growth is expected. With this objective, since 2005, Kao has been working in accordance with the Company slogan "Asia Harmonization" to further promote its business in Asia. This initiative involves developing business process innovation by sharing knowledge and expertise among Kao Japan and the Asia Group companies, and promoting speedy, optimum operational activities in R&D, production, marketing and sales.

Moreover, in the Asian market, Kao has been offering high value-added products--those that achieved great success in Japan with strong support from consumers--as pan-Asia brands: Attack (laundry detergent), Laurier (sanitary napkins), BiorГ© (skin care) and Essential Damage Care (hair care). Such pan-Asia brands were released with the aim of receiving strong support from consumers in each Asian market as well.

Asience is a premium hair care brand, applying Kao's knowledge and expertise accumulated through longtime research on the attributes of Asian women's hair. Since its launch in October 2003 in Japan, with additions of new items and renewals, Asience has been pursuing "the beauty of supple and bouncy hair unique to Asian women." In the Asian market, beginning with its introduction in Taiwan and Hong Kong in November 2005, the brand has been launched in a total of five regions, winning support from highly beauty-conscious women in every region.

With Malaysia, the sixth sales area in Asia, marketing activities will be conducted in conjunction with the concept developed in Japan and the other five regions, focusing on women who are conscious to beauty care, proposing “the beauty of supple and bouncy hair unique to Asian women."

Kao will further develop pan-Asia brands and distribution for many markets to contribute toward enrichment of the lives of Asian consumers through "Yoki-Monozukuri."*

*"Yoki-Monozukuri" is a Kao Group value defined as "a strong commitment by all members to provide products and brands of excellent value for consumer satisfaction." 




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Germany:Bodylook Style World for a sensual trade fair experience

Germany:Bodylook Style World for a sensual trade fair experience

 


Germany:Bodylook Style World for a sensual trade fair experience

Bodylook has ended its creative “withdrawal phase” and kicks off the coming summer event with an all-new look. “Progressive, contemporary and sensitive – this is our new Bodylook. This signature style will be something you can see and experience – starting with a new logo through to all communication measures and the event itself,” explains Kirstin Deutelmoser, Director of Bodylook.

The consumer and their style worlds as targets of the trade and industry’s every deed and action are at the focus of the new concept. Forming out of these goals are eventful Bodylook worlds where top national and international brands will easily find their place. Each world has its own character and its own atmosphere underlined by special stand constructions and clear definitions.

Commenting on this Project Manager Angelika Grammozi said: “We offer our exhibitors an attractive staging and story for the presentation of their collections. Awaiting visitors is a pool of ideas arousing all the senses.”

The largest of the new worlds is called Downtown reflecting the economic centre where most things happen. Found here is the world of commercial and influential brands. A wide range of exhibitors that are demanding, quality-conscious, consumeroriented and established will be showcasing their collections here. A clear, arena-like structure featuring high stand constructions towards the outside and low constructions and concept stands towards the inside characterises the appearance of Downtown.

Visitors to Boutique Hotel can look forward to luxurious collections. Checking in here will be high-quality brands for demanding tastes with glamorous elements and sophisticated design. This area exudes discreet luxury with an atmospheric concept area in the style of an exquisite, star-rated hotel.

Welcome to the recreation ground of creativity – Playground. This is where unconventional, progressive and lifestyle brands will find their new home. It is an experimental arena for innovative ideas and action, for trying out something new. The new concept stands made of cardboard invite you to live out new ideas. At Candy Shop a touch of seduction hangs in the air. Awaiting visitors in the shop for those sweet things in life are attractive complements to the range from little erotic accessories through to seductive collections.

Networking, relaxation and enjoyment are all possible to the same extent at UNION SQUARE. The central point uniting everything. The catwalk and media concept is currently being reworked. Here, too, you can look forward to something new. For Bodylook, as the most important international specialist platform in Germany, partnership a very great priority. Which is why invitation management has been intensified as a dialogue between the trade fair and exhibitors.

Bodylook visitors registering early online enjoy free admission. A Bodylook hotel with special rates for visitors and exhibitors can now be booked. The updated Innovation Forum and the Bodylook Party for the entire sector round off the range. Currently the Bodylook team is presenting its new concepts to the industry at various showcase events. Acceptances have already been received from:
 




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USA:Silhouettes of Style - Luncheon & Fashion Show to benefit PACE

USA:Silhouettes of Style - Luncheon & Fashion Show to benefit PACE

 


USA:Silhouettes of Style - Luncheon & Fashion Show to benefit PACE

The Act Two Guild, the newest volunteer organization of Performing Arts Center Eastside (PACE), is organizing a fashion event this spring to benefit PACE. Silhouettes of Style – 2009 Luncheon & Fashion Show is scheduled for Friday, April 3, 2009 at The Westin Bellevue. Event guests will be treated to a full runway fashion show featuring the season's hottest new creations from the boutiques and shops of The Bellevue Collection, which is presenting and promoting Silhouettes of Style in association with Spring Runway09.

Recently formed, the Act Two Guild consists of over 30 women committed to raising community awareness and support for the future 2,000-seat Bellevue-based performing arts center, scheduled to open in 2012.

"The Fashion Show will feature collections from contemporary designers that capture the attention of women who like to wear the latest styles and shop the latest trends," says Kim Hardwick, co-chair for the event. "The Bellevue Collection's designer collections and their history of putting on entertaining fashion runway events will make this luncheon a one-of-a-kind experience." The other co-chair is Carol Loya, owner of the Truce Spa in The Westin Bellevue and also a Guild member.

According to Jennifer Leavitt, vice president/marketing for The Bellevue Collection, "Our Spring Runway09 (an annual event at The Bellevue Collection) will be held from March 26 to 29 in 2009, the weekend before the Act Two Guild event; it features smaller fashion shows, but no formal runway fundraising event. We are delighted to join with the Guild to add this new and stylish luncheon to Spring Runway09 to benefit PACE. It will not only be an exciting show, but will also raise funds for this important new cultural amenity coming to downtown Bellevue."

According to Act Two Guild President Theresa Goesling, "These women (members of the Guild) expect to work hard and are dedicated to the success of PACE. In addition to raising funds for PACE, our goal is to create a buzz of expectation around the union of fashion and theatre - which will add great energy to the cultural and shopping experience on the Eastside."

Officers for the Act Two Guild are, in addition to Goesling, who is from Bellevue; are Colleen Clancy-Eastman, vice president, from Clyde Hill; Debbie O'Brien, treasurer, from Bellevue; and Maureen Pace, secretary, from Clyde Hill.  




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USA:Okabashi kicks off 25th anniversary commemoration

USA:Okabashi kicks off 25th anniversary commemoration

 


USA:Okabashi kicks off 25th anniversary commemoration

Okabashi Brands Inc, a U.S.-based designer and manufacturer, officially kicks off its 25th anniversary commemoration, celebrating a quarter century of making casual and comfortable shoes in a manufacturing facility in Buford, Ga., just north of Atlanta.

With more than 25 million pairs sold in the U.S., Okabashi's "Made in the USA" status is indeed rare when you consider that almost 99 percent of the U.S. footwear market was supplied by imports in 2006, according to a report titled "2006 Trends: An Annual Compilation of Statistical Information on the U.S. Apparel and Footwear Industries" issued by the American Apparel & Footwear Association.

For 25 years, Okabashi has bucked this trend and produced a domestic product that outperforms overseas competition on design, durability and value.

"While footwear fads have come and gone, Okabashi continues to offer a Made in America shoe for consumers who want quality, comfort and arch support at a reasonable price," said Bahman Irvani, President and CEO. "We will continue to compete against imports by continuing to innovate and stay focused on our core objectives and by not compromising on the quality and durability of our shoes."

Using a unique, proprietary Microplast material, Okabashi designs its footbed to conform to one's foot, supporting the toes, arch and heel at the right places, producing healing comfort and helping avoid and alleviate foot, ankle, leg and back pain. This design commitment led to an endorsement of Okabashi shoes by the American Chiropractic Association (ACA) for their ability to promote correct weight distribution and posture.

"In addition to our Made in America commitment, we continually make improvements to become an environmental steward," added Irvani.

All material waste created through the production process goes back into the manufacturing cycle, creating a "wasteless" closed loop system. Over 15 percent of Okabashi shoes are made from that recycled material. 




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UK:Annual Fashion auction offers one-off garments

UK:Annual Fashion auction offers one-off garments

 


UK:Annual Fashion auction offers one-off garments

Year 2 Fashion Marketing students from The University of Northampton have organised a fashion auction to give people the opportunity to buy one-off garments designed by talented up-and-coming designers.

The auction will be held from 7pm, with a catwalk show inside a gothic-themed dollhouse commencing at 8pm, at Ghost nightclub, Adelaide Place, Northampton on Wednesday 25 March 2009.

Alongside the catwalk show and auction, guests will also have the opportunity to enter a raffle prize draw to win prizes such as a pair of Chanel sunglasses, a full body massage, hair and beauty products, gift vouchers and much more.

The event will showcase garments made by some of the University's Fashion pathway students. These one-off pieces can't be found anywhere else and will be auctioned off on the evening by VIP guest and local music artist Elena Josepha.

Tickets for the auction cost ВЈ4 in advance, ВЈ5 on the door and are available from both Avenue and Park campus shops.

All funds raised from the event will go towards the students' exhibition and showcase at London's prestigious Graduate Fashion Week 2009. 




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India:Designer brands allure Indian fashionistas

India:Designer brands allure Indian fashionistas

 


India:Designer brands allure Indian fashionistas

The love of shopping for luxurious designer products has overcome the slump of the global crisis, with many shoppers favoring to buy them. During the earlier times, designer brands emphasized on 'quality' as their USP.

Now, global brands are entering into the fashion arena, and competition is getting tougher. Focus is shifted towards brand and its values. Manufacturers focus on the image a product is able to create in the minds of the consumer.

India stands third in the list of global luxury shoppers. A recent survey states that of the Indians surveyed, 35% of them expressed their desire to shop for designer brands. Designer wear comprises of 0.2% of the branded apparel market in India.

The profit margin for designer wears are tempting; ranging from anywhere in-between 30 – 50% due to the exclusive work done on the apparel. Indian designer wear market has the potential to become more professional in its outlook.

Click here to know more about the Indian designer wear market.

 




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Friday, March 20, 2009

USA:The Colors of Scotland is the theme of Dressed to Kilt Runway

USA:The Colors of Scotland is the theme of Dressed to Kilt Runway

 


USA:The Colors of Scotland is the theme of Dressed to Kilt Runway

Sophisticated New Yorkers and celebrity Scots from around the globe take over the city and get "Dressed to Kilt" with Sir Sean and Lady Connery playing host of the evening's festivities. This year's Dressed to Kilt is presented by Glenfiddich and Celebrating Homecoming Scotland 2009.

The highly-anticipated event will take place on Monday, March 30 at M2 Lounge (530 West 28th Street, between 10th and 11th Avenues) in Manhattan, beginning with a cocktail reception at 7:30PM, followed by the runway presentation at 9:00PM. The theme of this year's show is The Colors of Scotland, celebrating the natural beauty and proud heritage of Scotland.

A far cry from its humble beginnings, Dressed to Kilt has evolved from a simple kilt show into the highest profile Scottish event in the United States and most prestigious Scottish fashion show in the world. From fabric and fashion to art and music, all aspects of Caledonian culture are represented at this unique celebration culminating in a fashion show like no other.

Dressed to Kilt features not only traditional Highland kilts but designer haute couture fit for royalty, showcasing the latest cutting-edge fashion from Scotland's finest young talent as well as some of the world's top designers who have embraced and incorporated "Scottishness" into their trademark styles.

"Dressed to Kilt 2009 is shaping up to be the best Dressed to Kilt ever, with more Scots and celebrity friends of Scotland participating than ever before," says event host Sir Sean Connery. "I'm looking forward to celebrating Homecoming here in New York at Dressed to Kilt and again this summer in Scotland."

Dressed to Kilt Celebrating Homecoming Scotland 2009 features designs from top fashion houses on both sides of the pond, with this year's lineup including designs from Vivienne Westwood, Vivienne Tam, Victoria's Secret, Kenley Collins ("Project Runway") 21st Century Kilts, Calzeat & Co Ltd, Chocheng, GeoffreyTailor Kilts, Glaschu Scotland, Holland & Sherry, Joey D, Lochcharron of Scotland, Michael Kaye Couture, Nicole Romano, Sandra Murray, Scott Officer, Slanj and many of Scotland's brightest up-and-coming designers.

Known for drawing A-list personalities and bold-faced names, the 2009 Dressed to Kilt fashion show features appearances by Sir Sean & Lady Connery, actor Brendan Fraser, country music star Kellie Pickler, actress Andie MacDowell, Ugly Betty co-stars Michael Urie, Ashley Jensen and Mark Indelicato, Law & Order: SVU co-stars Chris Meloni and Tamara Tunie, All My Children star Susan Lucci, The Apprentice's Donald Trump, 30 Rock's Katrina Bowden, Broadway's Shrek the Musical star Brian d'Arcy James, New York Giant Lawrence Tynes, Lipstick Jungle's Paul Blackthorne, actress & model Maggie Rizer, Scottish actor Brian Cox, Lord of the Rings star and Scottish actor Billy Boyd, Vanity Fair editor George Wayne, New York City Ballet principal dancer Tom Gold, Scottish actor Jason Flemyng, Scottish supermodel Lauren Tempany, Scottish winner of the UK equivalent of American Idol, The X Factor's Leon Jackson, reigning Miss Scotland Stephanie Willemse and socialite Hayley Bloomingdale.
 




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Canada:LIJA debuts Active & Tennis Apparel collections for fall

Canada:LIJA debuts Active & Tennis Apparel collections for fall

 


Canada:LIJA debuts Active & Tennis Apparel collections for fall

Popular women's apparel designer Linda Hipp and her company, LIJA, announce the premier of their Fall 2009 Active and Tennis collections, offering a blend of runway fashion trends and vintage sport styling.

Showcasing feminine silhouettes and chic accents such as color-blocking, ruffles, ruching and zipper detailing, the new collections fuse sport, leisure and fashion in unique designs. Emphasizing functionality, comfort and movement, a variety of luxurious, lightweight performance fabrics are used in the line's tank tops, short-sleeved shirts, vests, dresses, jackets, capris, shorts, skorts, and pants. Key technical properties include moisture wicking, quick drying, wind resistance, breathability and UV protection.

"The market has responded tremendously well to our entrance into the Active and Tennis categories," says Hipp, principal designer and founder. "Retailers are telling us that consumers have really embraced the silhouettes, materials and styling that make these collections distinctly LIJA."

Pieces like the Compression Fatale Dress, Hybrid Flow Top and Willow Windsprint Jacket highlight the versatility of the collections, which are meant to provide women with fashionable apparel for a variety of active pursuits. The fall styles also feature three new fabrications. Compression II is slightly heavier and offers more coverage than the version used in tops, while Glide and Ozone appear in several outerwear pieces.

LIJA's complete offerings for Fall 2009 -- including the brand's three other golf and sportswear collections -- will be sold in department stores and the finer country clubs, resorts and off-course retailers throughout North America, such as Riviera, Kiawah Island, The Greenbrier and Whistling Straits. 




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Russia:Slava Zaitsev to open Russian Fashion Week

Russia:Slava Zaitsev to open Russian Fashion Week

 


Russia:Slava Zaitsev to open Russian Fashion Week

The premier fashion showcase in Moscow, Russian Fashion Week launches its 18th season in Congress Hall of renowned World Trade Center on March 29th. As the biggest fashion event in Eastern Europe, RFW will feature 50 collections of the best Russian, Ukrainian and Belarusian designers along with some of the best names in French, Italian and Spanish fashion.

Russia’s most honored fashion designer, Slava Zaitsev, will open RFW with his haute couture collection dedicated to the 100-year anniversary of Dyagilev’s Seasons in Paris. Sergey Dyagilev was the world-famous ballet impresario and founder of Ballets Russes which conquered Paris at the beginning of the 20th century. Slava Zaitsev is a true Soviet/Russian fashion legend, dubbed the Red Dior by the international media due to his faerie collections that so often punctured the Iron Curtain that once separated the Soviet Union from the western world.

Slava started his career in the 1960s and still makes fashion headlines & is currently a host on the highly rated television program Fashion Verdict. “Slava Zaitsev is over 70, but he works harder than youngsters”, says Alexander Shumsky, President of Russian Fashion Week. “Dozens of renowned Russian designers came through his Fashion Lab, the best fashion school in Russia. We are proud to have his anniversary collection for the RFW opening.”

Celebrated French designer Jean-Charles De Castelbajac will make his RFW debut on March 29th.

Russian Fashion Week is acknowledged as the fashion gateway to Russia and the most talented international fashion designers from around the globe continue to utilize the RFW runway as the entry point to the Russian marketplace. Designers such as Vivienne Westwood, Julien Macdonald, Jenny Packham, Francesco Smalto, Frankie Morello, La Perla and Baby Phat are just a few of the names that have enjoyed success with RFW.

The Russian Fashion Week schedule includes the most famous and edgy Russian and former Soviet Union designers: Arngoldt, Tatiana Parfionova, Julia Dalakian, Elena Souproun, BIRYUKOV, Poustovit, Cyrille Gassiline, Viva Vox, Xakama, Masha Sharoeva, Chistova&Endourova, TEGIN, Yulia Nikolaeva, MainAim, Personage, Liudmila Norsoian and many more. The international flavor will be added by Spanish designers Toni Francesc and Maria Lafuente as well as a host of the most prominent up-and-coming Italian designers.

Italian designers Leitmotiv, BeeQueen, a.VE will show their collections in a collective fashion show as part of the on-going cooperation between Russian Fashion Week and Camera Nazionale della Moda Italiana originally announced in Moscow and Milano in 2005. “Russia is key destination for Italian fashion”, says Mario Boselli, President of Camera Nazionale della Moda Italiana. “We have great success story with Russian Fashion Week in Moscow, we did Italian Day on RFW and RFW delivered Russian designers to Milan Fashion Week. So in 2009 we do next stepin our relations despite the crisis.”
 




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Russia:Russian Fashion Week cuts agenda due to crisis

Russia:Russian Fashion Week cuts agenda due to crisis

Russia:Russian Fashion Week cuts agenda due to crisis

 


Russia:Russian Fashion Week cuts agenda due to crisis

Following fashion weeks in New York, Paris and Milan, Russian Fashion Week announced in Moscow it has shortened its Fall/Winter 2009/2010 season schedule this week. Russian Fashion Week (RFW) will commence on March 29 - April 4, 2009 in the Congress Hall of the World Trade Center in downtown Moscow. The most renowned fashion event in Eastern Europe, RFW will host approximately 50 shows of the best Russian and Ukrainian designers with insets of French, Italian and Spanish names.

"In peak seasons RFW had 65-75 shows, but this season we see a decrease in the number of participants," says Alexander Shumsky, President of Russian Fashion Week. "As is the case in Paris and Milan, a lot of designers prefer to make presentations instead of full fashion shows. The fashion markets are down, so brands and designers need to reduce expenses."

Russian Fashion Week is known for being the gateway to the Russian market. A number of international fashion designers staged their collections on RFW runways, including Vivienne Westwood, Julien Macdonald, Jenny Packham, Francesco Smalto, Frankie Morello, La Perla and Baby Phat, just to name a few. Designer rental fees for RFW catwalks are 4 to 5 times less than the smallest venues at fashion weeks in Milan or New York, but the total production costs of fashion shows in Moscow still remain consistent for most of the local designers.

The schedule of the upcoming Russian Fashion Week includes 48 shows, which marks almost a 20% fall compared to the October 2008 event. "Good news is that all key names of Russian fashion stay on the RFW catwalk this season," states Alexander Shumsky.

The renowned Russian fashion designer Slava Zaitsev will open RFW with his haute couture collection dedicated to the 100 Year Anniversary of Dyagilev's Seasons in Paris. Slava Zaitsev is a real Soviet/Russian fashion legend, known as Red Dior by international media.

The Russian Fashion Week schedule will include the most famous and edgy Russian designers: Arngoldt, Tatiana Parfionova, Julia Dalakian, Elena Souproun, BIRYUKOV, Poustovit, Cyrille Gassiline, Viva Vox, Xakama, Masha Sharoeva, Chistova&Endourova, TEGIN, Yulia Nikolaeva, MainAim, Personage, Liudmila Norsoian, and more.

The international flavor will be added by Spanish designers Toni Francesc and Maria Lafuente, and Italians Leitmotiv, BeeQueen and a.VE. The collective Italian fashion show is a part of long-term cooperation between Russian Fashion Week and Camera Nazionale della Moda Italiana. "Russia is a key destination for Italian fashion," says Mario Boselli, President of Camera Nazionale della Moda Italiana. "In 2009 we take the next step in our relations despite the crisis."

Celebrated French designer Jean-Charles De Castelbajac will make his RFW debut on March 29. 




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USA:Nike delivers excellent operating results

USA:Nike delivers excellent operating results

 


USA:Nike delivers excellent operating results

NIKE Inc announced financial results for its fiscal 2009 third quarter ended February 28, 2009. Revenue decreased 2 percent to $4.4 billion, compared to $4.5 billion for the same period last year. Excluding changes in currency exchange rates, revenue would have increased 2 percent.

Third quarter net income was $243.8 million or $0.50 per diluted share, compared to $463.8 million or $0.92 per diluted share in the same period last year. Excluding a $240.7 million, after-tax non-cash charge related to the impairment of goodwill, intangible and other assets of the Company’s Umbro subsidiary, third quarter net income would have increased 4 percent to $484.5 million and diluted earnings per share would have increased 8 percent to $0.99.

“Today’s results say a lot about the strength and diversity of Nike, Inc. In a challenging environment, we delivered excellent operating results by executing with both focus and flexibility,” said Mark Parker, President and CEO of Nike, Inc. “I feel very good about our performance and our potential. Going forward we’ll continue to stay close to the consumer, drive innovation into the marketplace, and operate with financial discipline by making the right decisions to restructure our organization for the future. The Nike, Inc. portfolio of brands is a diverse and competitive asset. We’ll continue to leverage all aspects of it to deliver consistent, long-term shareholder value.”

Futures Orders
The Company reported worldwide futures orders for Nike brand athletic footwear and apparel, scheduled for delivery from March 2009 through July 2009, totaling $6.5 billion, 10 percent lower than such orders reported for the same period last year. Excluding the effect of changes in currency exchange rates, reported orders would have declined 2 percent.

By region, futures orders for the U.S. were down 1 percent; EMEA (which includes Europe, the Middle East and Africa) decreased 25 percent; Asia Pacific declined 1 percent and the Americas were down 4 percent. Excluding changes in currency exchange rates futures orders in EMEA would have declined 9 percent, increased 2 percent in Asia Pacific; and increased 22 percent in the Americas region.

Non-Cash Impairment Charge
In the third quarter the Company recorded a $401.3 million pre-tax non-cash impairment charge to reduce the carrying value of Umbro’s goodwill, intangible and other assets. On an after-tax basis, the charge totaled $240.7 million, which decreased diluted earnings per share by $0.49.

The impairment charge is a result of both the deteriorating global consumer markets, particularly in the United Kingdom, Umbro’s primary market, and reflects management’s decision to adjust planned investment in the Brand. In addition, the deterioration of the financial markets has reduced both the present value of future cash flows and the market value of comparable businesses. While management continues to view Umbro as a compelling, complementary brand within the NIKE, Inc. portfolio, it was concluded the fair value of its Umbro investment has declined as forecasted profits and cash flows have fallen below amounts originally projected at the date of acquisition.
 




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