Macy’s Sets Strategy for Gen-Y Shoppers

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Overview

Macy’s Inc. unveiled a series of initiatives over the next three years to capture more of the Millennial customer, an age group that the retailer said has estimated annual spending power of $65 billion.SEE LIST BELOW FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Human Resources

Burlington Coat Factory Taps New Head Merchant

Paul Metcalf, formerly with The TJX Cos. Inc., will join the company in April as executive vice president and chief merchandising officer.

clock March 20, 2012David Moin

Stephen Powers

Human Resources

Stephen Powers, May Department Stores Exec, Dies at 63

Friends and business colleagues characterized Powers as a business strategist, entrepreneurial and a team leader.

clock March 20, 2012David Moin

Inditex chairman and chief executive officer Pablo Isla.

Financial

Inditex Net Profits Rise 12% in Year

Zara parent said it planned to continue expanding this year with both physical and online stores, including a Zara e-commerce site in China.

clock March 21, 2012Joelle Diderich and Barbara Barker

Fawaz Gruosi

Financial

Fawaz Gruosi Sells Majority of De Grisogono Stake

The Swiss fine watch and jewelry firm taps European and African equity investors.

clock March 21, 2012Joelle Diderich

Dolce & Gabbana’s wool and gold embroidered coat and Ann Demeulemeester’s wool pants. Rick Owens boots.

Fashion Features

Men’s Wear Trend: Sky High

Regardless of this year’s relatively mild winter, extralong formal topcoats are a key trend for fall.

clock March 21, 2012Alex Badia

The Ikkon site.

Retail

Andriy Shevchenko Launches Ikkon Men’s Site

The Ukrainian soccer star and his wife, Kristen Pazik-Shevchenko, are providing the funding for the venture.

clock March 21, 2012David Lipke

A rendering of the Saturdays store to open in Asia, N.Y.

Retail

Saturdays Surf to Open Asia, N.Y. Stores

The specialty retailer is launching an outpost in Tokyo on Friday, and plans to open an in-store shop in Hong Kong and a second unit in Manhattan this spring.

clock March 21, 2012Jean E. Palmieri

Umberto Angeloni

Mergers and Acquisitions

Umberto Angeloni Ups Stake in Caruso to 80.1%

Luxury men’s wear clothing manufacturer expected to double sales within four years.

clock March 22, 2012Luisa Zargani and Arnold J. Karr

Sarah Jessica Parker and Karl Lagerfeld

Designer and Luxury

Karl Lagerfeld, Chanel Take Tokyo

Fashion house is stealing the spotlight from Tokyo Fashion Week with a string of events underscoring the significance of the brand’s ties to Japan.

clock March 21, 2012Amanda Kaiser

Looks from American Idol’s Authentic Icon collection.

Fashion Features

Dress Like an ‘American Idol’ at Kohl’s

The hit television show is launching its first apparel collection in junior and young men’s departments next month.

clock March 21, 2012Marc Karimzadeh

Government and Trade

PVH Commits $1M to Bangladesh Worker Safety Program

Company has signed a joint memorandum of understanding with NGOs and labor groups.

clock March 21, 2012Arthur Friedman

Media

‘Fashion Star’ Drawing a Crowd

Despite mixed reviews, the audience for the new NBC reality show is growing.

clock March 22, 2012Amy Wicks

Media

DKNY PR Girl’s Tweet Feat

According to Stylophane’s index of top Twitter fashion brands, DKNY tweeted 1,105 times in February, more than triple the second and third most active tweeters.

clock March 22, 2012Arnold J. Karr

Handbags

Coach Wins $5M in Trademark Case

In 2010, the accessories brand sued a Tennessee flea market owner who rented space to vendors who sold counterfeit bags.

clock March 22, 2012Alexandra Steigrad

Alexander McQueen RTW Fall 2012

Fashion Trends

Fall 2012 Trend: I Heard It Through the Grapevine

Purple, plum, violet, lavender, amethyst. Call it what you will, but designers clearly got the message for fall.

clock March 22, 2012WWD Staff

Human Resources

The Warnaco Group Tweaks Ranks

A new organizational structure focuses more on growing its Calvin Klein businesses.

clock March 22, 2012Vicki M. Young

Macy’s Impulse department.

Retail

Macy’s Sets Strategy for Gen-Y Shoppers

Retailer to launch a series of initiatives over the next three years to capture more of the Millennial customer, an age group with significant spending power.

clock March 22, 2012Vicki M. Young

A look at the mini shop at Rich's home.

People

Denise Rich Sets Up Shop

About $2.3 million worth of merchandise was brought in for the penthouse sale, which benefited Gabrielle’s Angel Foundation for Cancer Research.

clock March 22, 2012Sharon Edelson

Fashion Scoops

Dov Charney Wins Arbitration Motion

Ruling is in regards to a lawsuit accusing the American Apparel ceo of holding a teenage employee as a “sex slave” in 2008.

clock March 22, 2012Evan Clark and David Lipke

Fashion Scoops

Jack Spade Debuts in London

The 1,200-square-foot retail unit will be located at 83 Brewer Street in Soho, not far from Piccadilly Circus.

clock March 22, 2012Samantha Conti

A view of the Gucci store.

Fashion Scoops

Brazilian Wetlands Inspire Gucci Accessories Collection

Larger than the size of France, Pantanal is home to more than 650 species of birds, 300 kinds of fish, reptiles, mammals and exotic plants.

clock March 22, 2012WWD Staff

Fashion Scoops

New Yorkers for Children’s Annual Dance On the Horizon

A group of well-heeled New Yorkers gathered Tuesday night at Bergdorf Goodman’s BG Restaurant to celebrate the charity’s upcoming event.

clock March 22, 2012Alexandra Steigrad

Richard Chai

Fashion Scoops

Richard Chai Delves Into Interior Design for Benefit

The designer is creating a lounge and bar at the installation on Pier 94, which raises funds for the Design Industries Foundation Fighting AIDS.

clock March 22, 2012David Lipke

Fashion Scoops

French Chanteuse Ayo Hits the Big Apple

The Paris-based soul singer-songwriter has been making the most of this week’s stay in New York City.

clock March 22, 2012Rosemary Feitelberg

Essentialist

Today's Must Read

Halima Aden

Fashion

Halima Aden Says She Lost Sight of Her Hijabi Identity While Modelling

clock 13hMimosa Spencer

Social Studies

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