This story first appeared in the January 8, 2004 issue of WWD. Subscribe Today.
- WORKSHOP STOPPAGE: Shifts in the market week here have caused Workshop Salons to cancel the Workshop NY sportswear trade show planned for spring at the Metropolitan Pavilion. Workshop Salons chief financial officer Laurence Marc said, “Despite our efforts to secure our venue each time the dates were changed, the final dates, which were established very late, conflicted with another event already scheduled at the Metropolitan Pavilion.” Workshop was founded 10 years ago in Paris and is on its fourth year in New York. The most recent show, which featured 54 booths with about 70 collections, ran Sept. 28 to 30 and attracted 1,756 attendees. The trade show is not giving up, though. Marc said, “We remain dedicated to the New York market and are taking steps now to ensure that the September show will be a terrific success. We are working with others in the fashion community to establish a more professional way of scheduling market week, so that once future dates are set they do not change and to guarantee they are convenient for everyone in the industry.”
- WEEKEND WARRIORS: Zac Posen, Behnaz Sarafpour and Peter Som are expected to take part in a panel discussion on fashion during The New York Times’ “Arts & Leisure Weekend,” which includes several events with Times editors throughout the city from Friday through Sunday. Trip Gabriel, the Sunday Styles editor, will moderate the fashion panel, scheduled on Saturday at 6 p.m. at the CUNY Graduate Center at Fifth Avenue and 34th Street.
- TEMPORARY MEASURES: Factory 2-U Stores Inc. said chief financial officer Douglas Felderman resigned from the company Monday “to pursue other opportunities,” and that John Swygert, senior vice president of finance and planning, has been named cfo on an interim basis. Last week the San Diego-based off-price retail chain bought some time and liquidity by renegotiating its financing agreement with its senior lenders, CIT Group Business Credit Inc. and GB Retail Funding. Additionally, the firm lowered its fourth-quarter earnings forecast to a net loss of 7 to 12 cents a share, which will include charges of about 3 cents related to the departure of chief executive William Fields, who retired last month. Since that time, Factory 2-U’s day-to-day management has been entrusted to an executive committee chaired by Norman Plotkin, who was named interim ceo.
- SPACE RACE: Mao Public Relations has snagged the same spot as last season for its alternative fashion week show venue, Mao Space. Located in the Atlas Building in New York at the corner of 38th Street and Sixth Avenue, it’s a two-block walk from Bryant Park. Designers who are confirmed to show at Mao Space include Heatherette, Gary Graham, Michael Soheil, men’s wear designer Harmon and David Rodriguez. Also in the works is a program-cum-magazine called Mao Mag with contributors such as Anna Sui, Isaac Mizrahi, Michael Kors, Ann Magnuson, Peggy Moffitt, Taboo star Boy George and the late Francesco Scavullo.