Vendors, Retailers Brace for Worst as CIT Failure Looms

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The industry scrambled for financing Thursday as CIT Group Inc. tried to raise capital and avoid bankruptcy after being refused a government bailout.SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

A Little Marc girls’ swimsuit.


Little Marc Jacobs Swimwear on Deck for Cruise 2010

No longer limited to dry land, Little Marc Jacobs girls’ and boys’ swimwear is launching for cruise 2010.

clock July 16, 2009Rachel Brown

Diane von Furstenberg and Gloria Vanderbilt


Gloria Vanderbilt’s Erotic Tale

Diane von Furstenberg hosted a party in celebration of Gloria Vanderbilt’s new book “Obsession: An Erotic Tale.”

clock July 16, 2009WWD Staff

Jared Kushner and Ivanka Trump

Fashion Features

Mazel Tov: Kushner and Trump Engaged

A young New York power couple is taking it up a notch — to the altar.

clock July 16, 2009WWD Staff

Beauty Features

Bulgari’s Rhapsody in Blue

In a Dolce Vita-style celebration for its 125th anniversary, Bulgari concluded its recent festivities with its latest women’s fragrance launch.

clock July 17, 2009Stephanie Epiro

Inverse by Kylie Minogue.


Kylie Minogue to Launch Inverse for Men Fragrance

Kylie Minogue is quite fond of the guys in her life, and the Australian singer plans to show her appreciation with her first fragrance for men.

clock July 17, 2009Julie Naughton and Pete Born

Jane Lauder

Body Care

Origins Bridges a Skin Care Divide

Nearly two decades after the launch of Origins, the division of the Estee Lauder is reasserting its identity as a high-performance, naturally based brand.

clock July 17, 2009Pete Born

The L’Eau Ambrée ad.


Prada’s Newest Muse: L’Eau Ambrée

Prada is counting on a new interpretation of amber to deliver big impact for its global fragrance business this fall.

clock July 17, 2009Julie Naughton

Lancôme spokesmodel Elettra Wiedemann and Chris Benz.

Color Cosmetics

Benz and Lancôme To Launch Lipstick

Lancome is bringing back its popular Pout-a-Porter series, and Chris Benz will create a limited edition Lancôme lipstick for New York Fashion Week.

clock July 17, 2009Gillian Koenig


Body Care

Portico Sees Opening in Bath Sector

The door has swung open for Portico Bed & Bath, which filed for bankruptcy seven years ago, as new owners gear up to relaunch the luxury home retailer.

clock July 17, 2009Molly Prior

The new Natural Acne Solutions line from Burt’s Bees.

Skin Care

Burt’s Bees Targets Acne With New Line

Burt’s Bees is out to tackle blemishes with a new natural acne line that the firm promises is as effective as products using chemicals.

clock July 17, 2009Andrea Nagel

Apple Bottoms by Nelly


Apple Bottoms Readies First Fragrance

Nelly, the multiplatinum recording artist, is scheduled to make appearances to build awareness of the Apple Bottoms fragrance, his apparel and a new album.

clock July 17, 2009Faye Brookman

Noemi Grupenmager and Ozzie Grupenmager

Skin Care

Less Is More at Uni.K.Wax

Uni.K.Wax Center is a waxing chain for the masses with an emphasis on hygiene and low-cost services.

clock July 17, 2009Andrea Nagel

Scents from the Gentleman’s Collection by Aramis.


Men’s Fall Beauty: Aramis to Launch Gentleman’s Collection

After 35 years, the Aramis fragrance collection is getting a makeover this fall.

clock July 17, 2009Matthew W. Evans

New Molton Brown men’s products.

Body Care

Men’s Fall Beauty: Molton Brown Readies Wide Assortment

Molton Brown will introduce an assortment of 23 men’s products, including a body scrub bar and an item called Skin-clear Jade Face Exfoliator.

clock July 17, 2009Matthew W. Evans

Items from Kyoku.

Skin Care

Men’s Fall Beauty: It Took a Village for Kyoku

A new skin care line called Kyoku For Men, which was inspired by the longevity of particular villagers in Japan, is making its U.S. debut this fall.

clock July 17, 2009Matthew W. Evans

Sketches of the new Hailey Logan junior dress line.

Ready To Wear

Adrianna Papell Enters Juniors Market

Adrianna Papell has more than its 30th anniversary to celebrate this month.

clock July 17, 2009Holly Haber

Carrefour plans to become more competitive on price.


Carrefour Sales Drop in 2nd Qtr.

Carrefour SA, the world’s second-largest retailer behind Wal-Mart Stores Inc., reported a 1.2 percent decline in second-quarter sales Thursday.

clock July 17, 2009Elena Berton


Summer Sales Prove Weak in France

Sales are down in France, with retailer Hypermarket suffering the biggest decline.

clock July 17, 2009Ellen Groves


Redcats Shuffles Top Executives

PPR’s home shopping unit, Redcats, seeks to boost competitiveness.

clock July 17, 2009Elena Berton

Government and Trade

Recession Weighs Heavily on Poorest Nations

The U.N. forecasts slow growth in its list of Least Developed Countries, with countries in Africa to be affected more severely than countries in Asia.

clock July 17, 2009John Zarocostas


Daily Stock Wrap: July 16, 2009

The day’s gainers and losers.

clock July 17, 2009WWD Staff

Hayward, Calif.-based Mervyns liquidated.


CIT Crisis Compounds California’s Woes

“It’s deadly for the shmata business,” said Dov Charney, while discussing the CIT Group crisis’ impact on California apparel firms.

clock July 17, 2009Anne Riley-Katz


Bauer Auction Expected to Continue Today

The bankruptcy court auction for Eddie Bauer began yesterday, with VF primarily interested in intellectual property while other parties sought stores.

clock July 17, 2009Vicki M. Young and Alexandra Steigrad


Kellwood Gets an Extension

Kellwood is still hoping for resolution of differences with Deutsche Bank.

clock July 17, 2009Vicki M. Young



Industry Braces for CIT Bankruptcy

Scrambling to raise capital after being refused a government bailout, key lender CIT could go bankrupt and thousands of fall shipments are in limbo.

clock July 17, 2009WWD Staff


Bonnie Fuller Returns to Gossip… Forbes CEO Moves On…

After a year on the sidelines of celebrity journalism, Bonnie Fuller is back in the gossip business.

clock July 17, 2009WWD Staff

Matthew B. Crawford


Hands On Philosopher: Q&A With Matthew B. Crawford

The author of the best-selling book “Shop Class as Soulcraft: An Inquiry into the Value of Work” talks to WWD.

clock July 17, 2009Evan Clark

Jack Nicklaus and David Chu


David Chu and Jack Nicklaus Team Up

Nautica founder and golf legend set on lifestyle branding.

clock July 17, 2009Jean Scheidnes

The factory today.

Designer and Luxury

John Smedley Celebrates 225 Years

British knitwear firm John Smedley has aggressive growth plans.

clock July 17, 2009WWD Staff


Bloomie’s Introducing In-Store Supima Shops

Bloomingdale’s will devote some of its floor space this fall to showcase Supima,a fiber generally known as pima cotton.

clock July 17, 2009Ross Tucker

Amy Poehler


It’s That Time Again: Emmy Nominations

The 61st Primetime Emmy Awards nominations announced Thursday herald the early start of awards season.

clock July 17, 2009Marcy Medina

Mischa Barton

Fashion Scoops

Not So Pretty… Madonna in Italy… Fashion Week Buzz…

“She is sick.” That’s what Karey Burke, executive producer of Mischa Barton’s upcoming “The Beautiful Life,” CW series told WWD.

clock July 17, 2009WWD Staff

A juniors organic cotton Earth Day Tee inspired by Beyoncé.


Wal-Mart’s Duke Details Green ‘Index’

Unveiling plans for a worldwide sustainable product index, Wal-Mart Stores Inc. president and CEO Mike Duke said consumers are demanding more accountability.

clock July 17, 2009Sharon Edelson

Bangladeshi firefighters extinguish a blaze at a garment factory in the Ashulia industrial zone.

Government and Trade

Bangladesh Recovering From Labor Unrest

Layoffs in Bangaladesh spurred unrest and a major apparel factory, Ha-Meem, was set on fire.

clock July 17, 2009Jahir Ahmed

Ron Kirk said the Obama administration will enforce violation in trade pacts.

Government and Trade

USTR Kirk: Trade Enforcement a Priority

USTR says Obama administration will focus on lowering trade barriers in foreign countries and addressing labor violations in trade pacts.

clock July 17, 2009Liza Casabona

William L. McComb


McComb Contract Extended at Claiborne to 2012

Details are set in advance of his three-year anniversary with firm.

clock July 17, 2009Arnold J. Karr

The legal battle between Tiffany and eBay Inc. continues.


Appeals Court Hears Tiffany Appeal of eBay Case

Tiffany’s and eBay disagree on whose duty it is to prevent knockoffs from being sold.

clock July 17, 2009Matthew Lynch

Beauty Features

Snippets: In the Courtroom… New Man Behind Matrix…

A hearing is set for Sept. 3 and a trial is expected before year-end in a case pitting Françoise Bettencourt Meyers, against photographer François-Marie Banier.

clock July 17, 2009WWD Staff


CIT History and Facts

The history of CIT.

clock July 17, 2009WWD Staff

Social Studies