Four Go Down to One: Macy’s Cuts Divisions And 7,000 Employees

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Company to adopt national structure with 69 geographic districts.SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

A Snow Covered Covent Garden in London


Storm Blights London Retail

Heavy snowfalls slow traffic to a drizzle, with some stores closing early.

clock February 2, 2009WWD Staff


Greig Quits Tatler for London’s Evening Standard

Editor of glossy society, fashion and lifestyle title calls it quits after a decade.

clock February 2, 2009Samantha Conti


IT Holding to Discuss Future

The beleaguered Italian fashion group IT Holding is still in talks with Mensun Ltd, but no longer on an exclusive basis.

clock February 2, 2009Andrew Roberts

Macy’s is also cutting its quarterly dividend, among other measures.

Business Features

Macy’s to Centralize and Cut 7,000 Jobs

Macy’s Inc. is reducing its workforce by 4 percent, or 7,000 jobs, and closing its regional divisions.

clock February 2, 2009David Moin

View of the Première Vision fair, where the number of exhibitors and attendees is expected to fall.


Global Textile Industry Sets Sights on Survival

Major trade fairs prepared for tough season.

clock February 3, 2009WWD Staff

Displays at Stylemax.

Ready To Wear

High Attendance Spurs Stylemax

Susan McCullough, a Merchandise Mart Properties exec, said there was a double-digit increase in attendance at StyleMax.

clock February 3, 2009Beth Wilson

Eddie Bauer is making budget cuts.

Ready To Wear

Outerwear Brands Facing Cutbacks and Layoffs

Eddie Bauer and Wolverine Ltd eliminate jobs, and L.L. Bean freezes its employees’ salaries.

clock February 3, 2009Rosemary Feitelberg

Czech Republic resident


They Are Wearing: Keeping Warm in Prague

With many Czech Republic residents worried about rising heating costs, it’s no wonder that locals know how to fend off the winter chill on the streets.

clock February 3, 2009Rosemary Feitelberg

Michelle Obama

Government and Trade

Former New York Mayor Koch’s Advice for Michelle Obama

While Michelle Obama can do a lot for American designers, former New York City Mayor Ed Koch sees her potential on a grander scale.

clock February 3, 2009Rosemary Feitelberg

Joe DiMaggio escorting Marilyn Monroe to the New York premiere of “The Seven Year Itch” in June 1955.


Marilyn Forever: New Exhibit Opens in Philadelphia

A new mixed-media exhibit at Moore College of Art & Design examines Joe DiMaggio and Marilyn Monroe’s romance.

clock February 3, 2009Venessa Lau

Neil Gaiman


A Conversation With ‘Coraline’ Author Neil Gaiman

The children’s book writer Neil Gaiman recently won The Newbery Medal for another one of his spooky tales for kids.

clock February 3, 2009Rosemary Feitelberg


Eye Scoop: Four Every Season

“It doesn’t get any classier than this,” read the advertisement for The Four Seasons.

clock February 3, 2009WWD Staff

Inside the new Zenga store.

Designer and Luxury

Zegna Zigzags to Tokyo

The Italian luxury men’s wear brand Ermenegildo Zegna opens new flagship in Tokyo, Japan.

clock February 3, 2009Amanda Kaiser and Emilie Marsh

Penélope Cruz in vintage Chanel.

Fashion Scoops

A Winning Cruz… Wu’s Change of Plans… Karl, Eternal Man of the Hour…

At Sunday night’s Goyas, Penelope Cruz, chic in a vintage black lace Chanel gown, won the best supporting actress award.

clock February 3, 2009WWD Staff


General Growth Debt Deadline Extended

Debt payments still loom for the real estate giant General Growth, which has a portfolio of more than 200 malls.

clock February 3, 2009Evan Clark and Arnold J. Karr

Human Resources

Thomas Lynch Named CEO of Frederick’s

Thomas Lynch has been named chief executive officer of Frederick’s of Hollywood Group Inc., the company said on Monday.

clock February 3, 2009Vicki M. Young


French Lenders Take Over The Mall at Atlas Park

The president of Atco Properties & Management, which owns The Mall at Atlas Park, defaulted on a loan payment that was due to two French banks.

clock February 3, 2009Sharon Edelson


Virgin Vie Changes Hands

Virgin’s Virgin Vie at Home has a new abode.

clock February 3, 2009Brid Costello

Avon is launching a television ad campaign for recruitment in the U.K.

Color Cosmetics

Beautiful and Swinging, Avon Kicks Off U.K. Recruitment Drive

Avon recently kicked off a recruitment drive for representatives in the U.K. with a television advertising campaign.

clock February 3, 2009Brid Costello

Human Resources

Hartmarx Names Restructuring Officer

Hartmarx will pay Michael Buenzow of FTI Consulting $825 an hour for his new job as chief restructuring officer.

clock February 3, 2009Vicki M. Young

Ready To Wear

Kangol Entering Wholesale Apparel Business

Kangol, the 70-year-old British headwear company, is going into wholesale apparel.

clock February 3, 2009Julee Kaplan

A shot from the Tom Ford spring campaign.


Tom Ford, Lensman… Target Casts Hardison… Turn of Events…

Tom Ford not only art directed… Bethann Hardison has her own gig… Women’s Health is going through its own reshuffling…

clock February 3, 2009WWD Staff

Fashion Features

New York Fashion Week Heads to Lincoln Center

Tents will relocate from Bryant Park to the Upper West Side, beginning in September 2010.

clock February 3, 2009Marc Karimzadeh


Oyster Bay Mall Hits Roadblock

The Mall at Oyster Bay suffered another setback.

clock February 3, 2009Sharon Edelson


Daily Stock Wrap: February 2, 2009

The day’s top gainers and losers.

clock February 3, 2009WWD Staff


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Chanel, Jane Rosenthal Celebrate Female Filmmakers at TFF 2018

clock April 20, 2018Kristen Tauer

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