A Question of Values: U.S., China Trade Fight Is Focused on Currency

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The controversy over the large U.S. trade deficit with China is turning to that country's fixed exchange rate and its effect on prices.

From This Issue

Wilbur Ross, International Textile Group.


A Question of Values: U.S., China Trade Fight Is Focused on Currency

The controversy over the large U.S. trade deficit with China is turning to that country’s fixed exchange rate and its effect on prices.

clock February 1, 2005Scott Malone


Sears Accelerates Kmart Conversion

Sears said in a regulatory filing with the SEC that it identified 25 of the 50 Kmart stores acquired in June for a “fast-track conversion.”

clock February 1, 2005Vicki M. Young

A look from St. John Knits' 2004 fall collection.


St. John Knits 2004 Net Declines 9.6%

St. John Knits saw its net income fall 9.6 percent to $13.4 million for the year ended Oct. 31, as sales gained 6.9 percent to $395.6 million.

clock February 1, 2005Vicki M. Young

Fashion Features

In Brief: Canada Promoted … Simonin Exits Harrods … In Development

CANADA PROMOTED: Specialty retailer Chico’s FAS promoted Sher Canada to senior vice president-Chico’s stores, effective immediately. Canada, whose prior title was vice president-Chico’s stores, has an extensive…

clock February 1, 2005WWD Staff

Fashion Features


The Elizabeth Hurley Beach collection will launch exclusively at a dozen Saks Fifth Avenue stores on April 14. The launch time was incorrect in an item on Thursday.

clock February 1, 2005WWD Staff

Emmanuel Perrotin


Trading Spaces

Emmanuel Perrotin knows what it means to sacrifice on the altar of art … A tribute exhibition for Keith Haring’s sculptures … The party scene thaws.

clock February 1, 2005Robert Murphy

Amanda Richman in Theory with Jackie Sackler at the Chloé store.


The First Thaw

Last week showed the first semblance of social movement in a particularly frosty January. On Wednesday, Claire Bernard, Jackie Sackler and Tinsley Mortimer headed to the Chloé store on Madison…

clock February 1, 2005WWD Staff

WWD Image


Haring’s Playground

NEW YORK — A horde of downtown cognoscenti braved single-digit temperatures last Wednesday to pay tribute to Keith Haring at Deitch Project’s exhibition of the late artist’s sculptures. The 13 pieces reflect the two-dimensional…

clock February 1, 2005Ashley Baker

Tommy Hilfiger and Enrique Iglesias

Beauty Features

Beauty Beat: Tommy’s New Fragrance Hero

Can Enrique Iglesias give Tommy Hilfiger’s men’s fragrance business a needed jolt? The designer is about to find out.

clock February 1, 2005Julie Naughton


Tod’s Sees Sales Rise

NEW YORK — Buoyed by robust sales in Europe and Asia, luxury goods firm Tod’s SpA delivered preliminary annual sales that showed a 13.3 percent gain.

Total sales for 2004 rose to 420.8 million euros, or $523.3 million. Dollar…

clock February 1, 2005Arthur Zaczkiewicz

Dina Korzun in a Diane von Furstenberg dress in “Forty Shades of Blue.”

Fashion Features

Von Furstenberg’s Cinema ‘Blue’

NEW YORK — Diane von Furstenberg is feeling blue — 40 shades of it, to be exact.

The designer is one of the executive producers of “Forty Shades of Blue,” the winner of the jurors’ prize for drama at this…

clock February 1, 2005WWD Staff

A look from Gianfranco Ferré’s new White label fur collection.

Fashion Features

Mizrahi, Ferre Pile on the Fur

Isaac Mizrahi and Gianfranco Ferre are adding fur labels for fall – Isaac Mizrahi for Alixandre Furs and Gianfranco Ferre White.

clock February 1, 2005Rosemary Feitelberg

Kristin Davis in an Eric Way dress.

Fashion Features

Eric Finds His Way to the U.S.

NEW YORK — London-based eveningwear designer Eric Way, who is credited with transforming Cherie Blair into the “Duchess of Downing Street,” is trying to sprinkle some of his glamour on the States.

The South African-born Way…

clock February 1, 2005Rosemary Feitelberg

Grace Hightower De Niro and her husband, Robert.

Fashion Features

Maggie Norris Sets the Scene

NEW YORK — Maggie Norris provided the clothes; Grace Hightower De Niro provided the music; her husband, Robert, provided some moral support, and scads of socialites provided the audience Wednesday afternoon for the designer’s first video…

clock February 1, 2005Rosemary Feitelberg

Fashion Features

Models Plan Tsunami Bowl-a-Thon

NEW YORK — It won’t be a typical Saturday afternoon.

Amber Valletta, Kirsty Hume and Shalom Harlow are rounding up Sophie Dahl, Gisele Bündchen, Daria Werbowy, Karen Elson, Natalia Vodianova, Helena Christensen, Frankie Rayder,…

clock February 1, 2005Rosemary Feitelberg

Alison Spear

Fashion Features

Bal Harbour Bash

MIAMI — It’s party time for Dolce & Gabbana after two decades in business.

Kicking off what should be a string of soirees culminating with its 20th anniversary in September, Dolce & Gabbana threw a late-night bash and…

clock February 1, 2005Rebecca Kleinman

Fashion Features

Fashion Scoops: Footloose … Fashion-Ward? … Power of 10 …

FOOTLOOSE: Look who’s back in the fashion melee: Josephus Thimister. WWD has learned that Charles Jourdan will today announce that Thimister is its new creative director. He will succeed Patrick…

clock February 1, 2005WWD Staff


Cherokee Exploring Alternatives

LOS ANGELES — Cherokee Inc., which brokers licensing deals between retailers and brands, might be looking to align itself with a buyer.

The Van-Nuys, Calif.-based firm said in a press release Monday that it hired UBS Investment Bank to…

clock February 1, 2005Nola Sarkisian-Miller


Judge Holds Firm in Safeguard Case

A Court of International Trade judge denied a government motion for a stay of a preliminary injunction barring it from acting on China safeguard cases.

clock February 1, 2005Kristi Ellis

WWD Image


Memo Pad: Newsstand Scorecard … Countdown Stopped at One … T Time …

NEWSSTAND SCORECARD: After taking a tumble on the newsstand in the latter half of 2003, Elle made it up and then some in 2004. Official numbers won’t be out for several weeks, but Elle Group publishing director Carol…

clock February 1, 2005WWD Staff


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