Stocks in Record Fall Monday As Bailout Collapses

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After lawmakers voted down a $700 bllion Wall Street bailout package, things went from bad to worse for retailing and the financial world.SEE LIST AT LEFT FOR ALL OF TODAY'S ARTICLES

From This Issue


Arcandor Sets Emergency Share Sale

Capital increase for ailing Karstadt parent will allow firm to retain stake in Thomas Cook Group.

clock September 29, 2008Damien McGuinness

Mergers and Acquisitions

Nexcen Sells Waverly to Iconix Brand Group

Cash-strapped NexCen Brands Inc. announced the $26 million deal Monday.

clock September 29, 2008Vicki M. Young

Human Resources

Claiborne Shakes Up Mexx Europe

Firm taps interim ceo, new creative head.

clock September 29, 2008Whitney Beckett

Elizabeth Taylor


Macy’s Passport Raises $1.45M for HIV/AIDS Research

Sharon Stone, acting as celebrity auctioneer, and Elizabeth Taylor pushed hard at the Macy’s Passport gala, raising an estimated $1.45M for HIV/AIDS research.

clock September 30, 2008Anne Riley-Katz


Karstadt Parent in Share Sale

Emergency action aimed at raising funds.

clock September 30, 2008Damien McGuinness

Monica Botkier, Judith Leiber, James Mischka and Mark Badgley.


Handbag Auction Raises Funds for Charity

It was an afternoon of shopping and eating for New York?s lunching ladies at the third annual Purses and Pursenalities Luncheon at the Metropolitan Club.

clock September 30, 2008Caroline Tell

Fame bracelets featuring braille writing in crystals.

Designer and Luxury

Semi Precious Weapons Brings Onstage Glamour to Jewelry

Justin Tranter — lead singer for Semi Precious Weapon, a garage glam band — is hoping his jewelry designs will help him garner fame.

clock September 30, 2008Sophia Chabbott


Sidney Garber, Fine Jeweler, 89

Sidney Garber, a prominent Chicago-based fine jeweler, died Sept. 20 at his daughter?s home in Wainscott, N.Y.

clock September 30, 2008David Moin


Jay-Z’s Iconix Brand Accused of Trademark Abuse

“I will not lose” lyric draws lawsuits from apparel firm.

clock September 30, 2008Matthew Lynch


In Brief: Syms Loss Narrows… Hanesbrand Board Moves… Nuxe’s Investor

Improved gross margins and a onetime real estate gain helped off-pricer Syms Corp. reduce its second-quarter losses.

clock September 30, 2008WWD Staff

A jigsaw puzzle bracelet and ring from the new Akillis line.


Paris Fashion Week Accessories: Gaining Access

An intriguing range of accessories awaits visitors to Paris Fashion Week from Caroline Gaspard’s Akillis collection, and Tzuri Gueta, and Sophie Reyre.

clock September 30, 2008Katya Foreman

Designer and Luxury

Adam Lippes Shuffles Into Buffalo

Adam Lippes, the contemporary sportswear designer, will open his first pop-up store in his hometown of Buffalo

clock September 30, 2008Julee Kaplan

Jay Ahr’s Madison Avenue salon.


Jay Ahr’s Touch of French Grandeur

Jonathan Riss loves New York. ?I?m crazy about this city,? says the Paris-based Belgian designer of Jay Ahr, and he?s working hard to make the feeling mutual.

clock September 30, 2008Jessica Iredale

Kathy and Nicky Hilton.

Fashion Features

Manolo Blahnik Honored by Walk of Style

Designer Manolo Blahnik was honored at the Beverly Hills? Walk of Style, flanked by guests like Lucy Liu, January Jones, and Nicky Hilton.

clock September 30, 2008Marcy Medina


Bad News All Around… Dubai Still Has Lots of Money… No Takeoff Just Yet…

Media companies, like everyone else, were hit hard Monday by the collapse in congressional efforts to pass the $700 billion bailout plan.

clock September 30, 2008WWD Staff

Isabelle Guichot

Fashion Features

Balenciaga on the Growth Track

Good luck opening a fashion magazine this fall and not seeing one of Nicolas Ghesqui?re?s impeccably sculpted black dresses for Balenciaga.

clock September 30, 2008Miles Socha

Hussein Chalayan

Designer and Luxury

Hussein Chalayan Hits the Mainstream

Thanks to a majority investment earlier this year by sportswear brand Puma AG, Chalayan hopes to broaden his business with plans for concept stores.

clock September 30, 2008WWD Staff

Shopper in Midtown Monday.


Madison Avenue Retailers Brace Themselves for Belt-Tightening

Several Madison Avenue retailers are bracing themselves for what could be a long stretch of even more uncertain times.

clock September 30, 2008Rosemary Feitelberg

Government and Trade

Report: Global Trade Steady Since End of Quotas

Study finds shifting fortunes among countries.

clock September 30, 2008John Zarocostas

Human Resources

Mothers Work CEO to Retire

Dan Matthias to step down Tuesday.

clock September 30, 2008Sharon Edelson

A fabric by Texprint winner Hannah Jeffries.


Buyers Focus on Proven Product at Premiere Vision

Designers shopping last week?s Premi?re Vision textile fair played it safe with orders as they considered the global financial crisis.

clock September 30, 2008Katya Foreman and Ellen Groves

Government and Trade

UN Predicts Falling Foreign Direct Investment

Tightening credit is seen as a key factor in decline.

clock September 30, 2008John Zarocostas

Buyers at work at Texworld.


Texworld Attendance Falls

Exhibitors say exceptional styles are key.

clock September 30, 2008Robert Murphy

Bruno Pieter

Fashion Features

Q&A With Bruno Pieters

Today will see the Paris presentation of Bruno Pieters? second collection for Hugo, the edgy diffusion line of Hugo Boss.

clock September 30, 2008Katya Foreman

Fashion Scoops

The White Stuff… Diesel’s Denim Frenzy… Prototype…

Renzo Rosso slipped into the Maison Martin Margiela show Monday night…

clock September 30, 2008WWD Staff


Stocks in Record Fall as Bailout Collapses

After lawmakers voted down a $700 bllion Wall Street bailout package, things went from bad to worse for retailing and the financial world.

clock September 30, 2008Evan Clark and Kristi Ellis and Vicki M. Young and Arnold J. Karr and Liza Casabona

Anna Torv


T.V. Guide

The fashion flock typically gets a late start when it comes to fall television, what with spring collections and the onslaught of autumn galas.

clock September 30, 2008Amanda FitzSimons

A Mackie look for Turner’s upcoming tour.


Tina Turner’s Tour Costumes

Bob Mackie bedazzles his longtime client for her upcoming show.

clock September 30, 2008Nick Axelrod

Mergers and Acquisitions

Foot Locker Set to Buy CCS From Delia’s

Acquisition of skateboard marketer set at $102 million.

clock September 30, 2008Vicki M. Young


Today's Must Read

Tory Burch Resort 2019


Tory Burch Resort 2019

clock 12hJessica Iredale

Social Studies