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VF Earnings Grow 20% As Jeans Sales Decline And Firm Seeks Brands

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Overview

VF Corp. on Wednesday reported a 20.2 percent ris in second-quarter earnings, driven by recently acquired brands and strong sales across most of its core businesses, with the notable exception of jeans.

From This Issue

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Fashion Features

Garden Gamine

Downtown girls and hippie chicks are inspiring denim and corduroy looks for fall, mixed with flowing caftans, sheer silks and graphic sweaters.

clock July 22, 2004WWD Staff

VF Corp. said its jeans sales were off 5.7 percent in the second quarter.

Financial

VF Earnings Grow 20% As Jeans Sales Decline And Firm Seeks Brands

Strong growth across most of core businesses — except jeans — allowed VF Corp. to post a 20.2 percent earnings gain in its second quarter.

clock July 22, 2004WWD Staff

Financial

In Brief: Springing Sales … Marketing Lands’ End … Cache Cashes In

SPRINGING SALES: Columbia Sportswear Co. reported double-digit bottom- and top-line gains in the second quarter, thanks largely to strong shipments of spring sportswear. For the three months ended June 30, the Portland, Ore.-based activewear…

clock July 22, 2004WWD Staff

Fashion Features

Correction

De Beers LV, the diamond jewelry venture between the mining and marketing company and LVMH Moët Hennessy Louis Vuitton, plans to spend a reported $400 million on the venture. This figure was incorrect in a story on Wednesday.

clock July 22, 2004WWD Staff

Jaqui Lividini

Fashion Features

Lividini Leaving Saks Fifth Ave.

Jaqui Lividini, the effervescent fashion voice for Saks Fifth Avenue and survivor of a string of regime changes, has left to start a second career.

clock July 22, 2004WWD Staff

Hall of Famer Steffi Graf with husband Andre Agassi at the Tennis Hall of Fame gala.

Fashion Features

Fashion Scoops: Special Delivery? … Cash and Prizes … Ace Crowd …

SPECIAL DELIVERY?: In recognition of Ralph Lauren’s contributions to the Caribbean island of Jamaica, the country is considering putting the designer’s image on a stamp. The Polo Ralph Lauren chairman and chief executive officer…

clock July 22, 2004WWD Staff

Studio Museum of Harlem’s assistant curator Christine Kim in Peter Som.

People

Harlem Night

The opening night of the Studio Museum of Harlem’s annual show was “Figuratively” and literally a hit.

clock July 22, 2004WWD Staff

Maggie Gyllenhaal in Lacoste and Miu Miu.

People

The Welcome Wagon

Target parties for its new Brooklyn store.

clock July 22, 2004WWD Staff

Janet Cook

Beauty Features

Beauty Beat: Janet Cook to Retire at Estée Lauder … Marionnaud’s Sales Rise

Janet Cook to Retire at Estée Lauder

NEW YORK — Janet Cook, president of Estée Lauder North America, will retire this fall.

“Only in America could you start as a beauty adviser and end up as president of the…

clock July 22, 2004WWD Staff

Fashion Features

CFDA Inducts 21 Members

NEW YORK — The Council of Fashion Designers of America inducted new members on Wednesday, including several of the rising stars of the New York scene and some who are well established.

The CFDA board ratified the election of 21 new…

clock July 22, 2004WWD Staff

Janet Kim, manager of No. 9 Park, where Sen. Kennedy, Rep. Steven Lynch and Newsweek will hold parties.

Fashion Features

Parties, Politics on Tap for Democrats

Party planners, restaurateurs and public relations firms are making final preparations for next week’s Democratic Convention in Boston.

clock July 22, 2004WWD Staff

Cosabella is a swimwear newcomer.

Fashion Features

Diving Into Crowded Waters

Calvin Klein Choice, St. John Knits, Skechers, Paul Frank and Sag Harbor were some of the brands that launched swim lines in Miami this week.

clock July 22, 2004WWD Staff

Mandy Moore in a T-shirt from her new line, Mblem.

Fashion Features

Mandy Moore Joins Celeb Fashion Rush

Entertainer Mandy Moore is launching her first line of apparel, which will begin hitting stores at the end of the month.

clock July 22, 2004WWD Staff

French Connection’s “Uncle Sam” T-shirt, urging young people to vote.

Fashion Features

French Connection Woos Young Voters to the Polls

NEW YORK — Although it’s based in Britain, French Connection is looking to make a scene on the American political front with its latest T-shirts and voting initiatives.

In collaboration with Rock the Vote, the company has designed…

clock July 22, 2004WWD Staff

Textiles

Textile Execs Lobby Against China

The Bush administration accepted for review a safeguard petition alleging that imported socks from China severely hurt U.S. manufacturers .

clock July 22, 2004WWD Staff

Financial

N.Y. Wage Bill to Pataki

ALBANY, N.Y. — Businesses in New York are facing a $2 boost in the minimum wage by January 2007 after approval on Wednesday in the State Senate and Assembly. It would be the first increase in four years.

The bill, which would raise the…

clock July 22, 2004WWD Staff

Textiles

Galey & Lord Agrees to Patriarch Partners Sale

Denim mill Galey & Lord Inc. on Wednesday agreed to be acquired by Patriarch Partners LLC, a private investment concern.

clock July 22, 2004WWD Staff

Penélope Cruz’s store in Madrid.

Retail

Penélope Cruz’s Latest Role: Madrid Retailer

Penélope Cruz is a movie star, but she is also a budding retailer and hands-on boss, said Mariu Alvarez, who runs Cruz’s Madrid shop, Amarcord.

clock July 22, 2004WWD Staff

Number 1: apparel specialty stores.

Fashion Features

It Takes a Thief: The Percentage of 2003 Inventory Loss Due to Shoplifting in 15 Store Types.

The number-one cause of inventory loss, or shrinkage, in 2003 was employee theft, accounting for 47 percent of unrecovered merchandise. Shoplifting was second at 32 percent, followed by administrative and paper error, 15 percent, and vendor fraud, 6…

clock July 22, 2004WWD Staff

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Fashion Features

The Race Is On

The nominees for the 29th annual Dallas Fashion Awards have been named.

clock July 22, 2004WWD Staff

Essentialist

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Joshua Scott/WWD

Business

Minkoff to Offer Self-Checkout Option at SoHo Store

clock 20hLisa Lockwood

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