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Business

Starbucks' Schultz Sees Sweeping Retail Consolidation

As U.S. retailing consolidates, Starbucks sees adding 12,000 stores worldwide through 2021.

clock 15hDavid Moin and Evan Clark

Business

Jewelry Brand Kendra Scott Puts Stake on the Block

The Austin, Tex.-based jeweler could be valued at $1 billion or higher in the Jefferies-run process.

clock 10hEvan Clark

Business

Hear J. Crew's Mickey Drexler Getting Succession-Minded

J. Crew Group is working to improve its business and moving to create a succession plan.

clock 19hDavid Moin

Wal-Mart’s N.Y. Plan: Retailer Pushing Effort To Build in 5 Boroughs

No cover image

Overview

Wal-Mart Stores, battling political and organized labor opposition, has renewed its drive to gain a foothold in New York City. After being defeated last year in its initial expansion push here, the retailer has gone on the offensive.

From This Issue

Wal-Mart was thwarted in a bid to develop this Rego Park, Queens, site.

Financial

Wal-Mart’s N.Y. Plan: Retailer Pushing Effort To Build in 5 Boroughs

Wal-Mart Stores, battling political and organized labor opposition, has renewed its drive to gain a foothold in New York City.

clock April 17, 2006Sharon Edelson

Financial

CKI in Dress Deal With G-III

Calvin Klein Inc. is expected to announce today that it is adding a dress license to the better-priced Calvin Klein line in a deal with G-III.

clock April 17, 2006Marc Karimzadeh

Financial

Jones’ Rhonda Brown Exits, Two Promoted

Jones Apparel Group said Rhonda Brown, president and ceo of its footwear, accessories and retail group, is no longer with the company.

clock April 17, 2006Ross Tucker

Fashion Features

Coming This Week

A look at the coming week’s events.

clock April 17, 2006WWD Staff

Fashion Features

In Brief: Shift At Russell … Overtime Due

A brief look at some of the day’s stories.

clock April 17, 2006WWD Staff

Penney's POS e-system.

Financial

Penney’s Aims for $2B Internet Revenues

J.C. Penney Co. Inc. is aggressively pursuing a strategy aimed at doubling its annual Internet revenues to $2 billion.

clock April 17, 2006Rusty Williamson

WWD Image

Media

Memo Pad: Not So Simple … Out No Longer In … Nimble Giant

Real Simple has hit another stumbling block in its march to brand ubiquity.

clock April 17, 2006WWD Staff

Kayoko Ota

People

Skirting the Issue

Talking with Kayoko Ota, curator of Prada’s much anticipated “Waist Down” exhibition, making its debut this week at its SoHo flagship.

clock April 17, 2006Miles Socha

Victoria Traina in Vera Wang.

People

Powerpuff Girls

Shoulder pads may have gone the way of “Dynasty” and “American Gigolo,” but there are other ways to achieve their hip-whittling effect.

clock April 17, 2006WWD Staff

Jennifer Solow, photographed by Terry Richardson.

People

Sticky Fingers

Most chick lit is so saccharine that even the most hardy “Sex and the City” viewer can barely wade through the infinite flow of titles about twenty- and thirtysomething girls in public relations/bartending/fashion jobs that glut bookstore shelves.

clock April 17, 2006Elisa Lipsky-Karasz

Blancpain Women's Chronographe Flyback Camélia.

Fashion Features

High Prices Don’t Dull Retail Desire

The high cost of precious metals and stones has forced price hikes at watch and jewelry firms, they said at two Swiss trade shows.

clock April 17, 2006Jennifer Hirshlag

Frank Zambrelli and Rachel Zoe.

Fashion Features

Judith Leiber Has Rachel Zoe in Its Clutches

Dressing Hollywood’s “It” girls is no longer enough for stylist Rachel Zoe.

clock April 17, 2006Sophia Chabbott

Pollini bags.

Fashion Features

Rifat Ozbek’s Global Positioning at Pollini

Aeffe is revisiting its Pollini brand.

clock April 17, 2006Luisa Zargani

Braided leather belts.

Fashion Features

Club Monaco Goes Luxe

Taking a cue from parent Polo Ralph Lauren Corp., specialty chain retailer Club Monaco wants a bigger piece of the $30 billion accessories market.

clock April 17, 2006Sophia Chabbott

A bag from Valextra's new Avietta line.

Fashion Features

Findings: High-Tech Travel … Magic Carpet Ride … Mai Day

With the launch of Avietta, a luggage line that is as sleek as it is high-tech, with handles and wheels that are fully integrated into the designs, Valextra is living up to its innovative standards.

clock April 17, 2006WWD Staff

Portrait is designed to treat facial wrinkles, skin lesions and sun damage.

Fashion Features

Beauty Beat: Skin Care’s Latest Wrinkle: Plasma … Walker Teaming With Boots

High-definition plasma TV technology is now being applied to skin care products.

clock April 17, 2006WWD Staff

Financial

Lady Ester Deal Symbol of M&A Activity

The acquisition of Lady Ester Corp. by Komar Co. and Russell-Newman highlights the surge of M&A activity in the sector.

clock April 17, 2006Karyn Monget

WWD Photo

Financial

Frederick’s Inks Pact With Celeb Stylists

Frederick’s of Hollywood has signed an agreement with celebrity stylists and designers Cristina Ehrlich and Estee Stanley to produce a co-branded collection of intimate apparel.

clock April 17, 2006Karyn Monget

Vassarette's Real Sexy Xtra Xtra bra.

Fashion Features

Intimate Notes: Read All About It

Vassarette, a division of VF Intimates, has taken the concept of flexible microbeads beyond Beanie Babies and sleep pillows.

clock April 17, 2006WWD Staff

Replay's novelty packaging.

Financial

Replay Takes Collection Into Own Hands

Replay is taking production of its innerwear collection in-house starting with the fall-winter 2006-’07 collection.

clock April 17, 2006Luisa Zargani

An Anthropologie interior.

Financial

The $1 Billion Mark, and Growing

Due to successful store growth initiatives, a steadily recovering economy and a strong fashion cycle, a growing number of specialty apparel retailers joined the club by posting significant billion-dollar revenue benchmarks in the most recent fiscal year.

clock April 17, 2006Meredith Derby

Financial

Need Cash? Factoring Can Help

Businesses strapped for cash because they’re looking to expand production, acquire another company or extend their brand through licensing or other businesses can benefit from developing an accounts receivables-based factoring relationship.

clock April 17, 2006Liza Casabona

Financial

For New Businesses, New Ways to Borrow

Starting a business is never easy. Starting a business in an industry that doesn’t pay up front for goods purchased is nearly impossible.

clock April 17, 2006Liza Casabona

Margaret Keane

Financial

GE Touts Personalized Service in RCF Unit

Four years ago next month, GE’s American Consumer Finance business established Retail Consumer Finance as a separate business unit and appointed Margaret Keane as its president and chief executive officer.

clock April 17, 2006Arnold J. Karr

Tommy Hilfiger

Financial

Filing Reveals Details of Tommy Acquisition

Tommy Hilfiger Corp.’s sale to Apax Partners for $1.6 billion had its roots in informal discussions during board meetings four years ago, when the directors hashed out the future of the company.

clock April 17, 2006Arthur Zaczkiewicz

John Daly

Financial

CIT’s Daly: Retail Consolidation Remains an Issue

With clients ranging in size from $2 million privately held firms to $500 million publicly held companies, CIT Commercial Services is the largest factor in the industry today.

clock April 17, 2006Liza Casabona

Financial

BCG Report: Firms Should Beef Up Global Investments

A recent survey from the Boston Consulting Group revealed that companies see significant sales growth opportunities in rapidly developing economies such as China and India, but are not making investments in these places to capitalize on it.

clock April 17, 2006WWD Staff

A look from Custo Barcelona.

Fashion Features

Atlanta Feels a Slight Spring Chill

Retailers shopping AmericasMart here liked fall’s more sophisticated direction but were preoccupied with lingering cool weather that has kept spring business from taking off.

clock April 17, 2006Georgia Lee

Fashion Features

Fashion Scoops: They’ll Have Paris … Treating D&G … Issac’s Guys

Paparazzi obsession, party girl, dingy reality show star and … award-winning fashion designer.

clock April 17, 2006WWD Staff

Lumenati's vision for a renovated Biltmore Fashion Park.

Financial

Malls Court Luxury: A Long Affair

The Lumenati division of The Macerich Co. wants

clock April 17, 2006David Moin

Financial

Landmark Phoenix Center Gets New Lease on Life

The aging Biltmore Fashion Park, this city’s most famous and historic shopping center on 30 acres, has begun a redevelopment.

clock April 17, 2006David Moin

Westfield Century City features a dining terrace instead of a traditional food court.

Financial

Westfield: Reinvesting to Succeed

The Westfield Group is one of the world’s largest and most successful retail developers.

clock April 17, 2006Amy S. Choi

The $2.7 billion Westfield White City project sits in London.

Financial

Expanding Globally, but Selectively

In the time it takes most developers to build a single mall, the Westfield Group will invest roughly $10 billion in redevelopment and expansion of its existing global portfolio.

clock April 17, 2006Amy S. Choi

The exterior of Xanadu, designed by David Rockwell.

Financial

Mills’ Vision in the Meadowlands

Despite the woes of its developer, Mills Corp., construction of Meadowlands Xanadu, a fanciful $1.2 billion, 4.8 million-square-foot retail-entertainment-sports colossus rising from New Jersey swampland, plows on, albeit at a slower pace.

clock April 17, 2006Sharon Edelson

The Siam Paragon main entrance.

Financial

Bangkok’s Big Push

Despite political uncertainty, the city is setting its sights on becoming Asia’s newest hub for luxury sales.

clock April 17, 2006Betsy Lowther

Financial

A Controversial Domain

Few subjects raise the ire of urban planning, development, and legal experts as much as the question of eminent domain.

clock April 17, 2006Amy S. Choi and Liza Casabona

Renderings of The Palazzo hotel/casino.

Financial

A Rodeo Drive Spin on the Strip

Retailing keeps pouring into Sin City, but General Growth Properties believes there’s room for more and has a plan to deliver what it considers a novel retail experience.

clock April 17, 2006David Moin

Bond No. 9 sells fragrance.

Retail

Betting on Bond Street

Only two blocks long and covered in cobblestones, Bond Street in Lower Manhattan has always harked back to an earlier time.

clock April 17, 2006Sharon Edelson

Yaromir Steiner, Steiner + Associates Inc.

Financial

Adapting to Change

The retail real estate industry is changing by leaps and bounds, from the perspectives of the developers who build projects for retailers and of the service providers, brokers and lenders who make retail deals happen.

clock April 17, 2006Amy S. Choi

Financial

People & Projects

A survey of names and upcoming projects.

clock April 17, 2006WWD Staff

Essentialist

Today's Must Read

Raf Simons

Fashion

Calvin Klein’s Amy Mellen, Senior VP of Home, Is Leaving

clock 16hLisa Lockwood

Social Studies