Penney’s Losses Grow, Johnson Tweaks Plan

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Overview

J.C. Penney Co. Inc. fell deep into the red in thefourth quarter and full year, with losses of $552 million and $985 million, respectively, on comparable-store sales.SEE LIST BELOW FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Veronique Branquinho RTW Fall 2013

Fashion Show Reviews

Veronique Branquinho RTW Fall 2013

The designer added some country twang — and formalwear swank — to her feminine fashion universe.

clock February 26, 2013WWD Staff

Cédric Charlier RTW Fall 2013

Fashion Show Reviews

Cédric Charlier RTW Fall 2013

The designer pointed to medieval illumination — decorated scriptures, to be exact — and last century’s Art Brut movement as the starting point for fall.

clock February 26, 2013WWD Staff

Anthony Vaccarello RTW Fall 2013

Fashion Show Reviews

Anthony Vaccarello RTW Fall 2013

Still loyal to minimal black and white (unless you count silver hardware as a color) and maximal sex appeal, the new ingredient was structure.

clock February 26, 2013WWD Staff

Julien David

Fashion Show Reviews

Julien David RTW Fall 2013

The designer continued to oscillate between street and formal, presenting a lineup of intriguing fabric combinations.

clock February 27, 2013WWD Staff

Lily Allen

Parties

Girls Rule at Etam Lingerie Extravaganza

Lily Allen, M.I.A. and Rita Ora were among the performers at the show.

clock February 27, 2013Katya Foreman and Joelle Diderich

Guy Laroche RTW Fall 2013

Fashion Show Reviews

Guy Laroche RTW Fall 2013

Marcel Marongiu went for the classic Marlene-Dietrich-getting-in-touch-with-her-masculine-side theme for his fall Guy Laroche collection.

clock February 27, 2013WWD Staff

Damir Doma RTW Fall 2013

Fashion Show Reviews

Damir Doma RTW Fall 2013

The designer took a futuristic turn with a collection informed by “neo-corporate workwear” — think modern-day office clothes.

clock February 27, 2013WWD Staff

Target

Financial

Target, TJX Take Different Fourth-Quarter Paths

Discounter warns of consumer weakness as off-pricer moves toward a U.S. e-commerce site.

clock February 27, 2013WWD Staff

Alexis Mabille RTW Fall 2013

Fashion Show Reviews

Alexis Mabille RTW Fall 2013

The designer put the vamp into vampire with his fall collection, inspired by the 1983 film “The Hunger.”

clock February 27, 2013WWD Staff

Felipe Oliveira Baptista RTW Fall 2013

Fashion Show Reviews

Felipe Oliveira Baptista RTW Fall 2013

The designer played up proportions for fall, making a definitive statement for shoulders.

clock February 27, 2013WWD Staff

Bernd Beetz

Fashion Scoops

Front Row at Damir Doma

Bernd Beetz, former chief executive officer of Coty Inc., turned up front row on Wednesday, and said he has invested in the designer’s burgeoning business.

clock February 27, 2013Miles Socha

Dries Van Noten RTW Fall 2013

Fashion Show Reviews

Dries Van Noten RTW Fall 2013

The designer decided to focus on mannish tailoring in precise cuts, outsized proportions and traditional fabrics.

clock February 27, 2013WWD Staff

Alysson Paradis

Fashion Scoops

Front Row at Alexis Mabille

Joining a gaggle of French starlets at the show in Paris on Wednesday were two of the country’s most bankable stars.

clock February 27, 2013Joelle Diderich

Rochas RTW Fall 2013

Fashion Show Reviews

Rochas RTW Fall 2013

Marco Zanini embraced the cozy textural mood that had Milan and some of New York cuddled up in sturdy yet soft fabrics earlier this season.

clock February 27, 2013WWD Staff

The PYE store in Hong Kong.

Textiles

Dee Poon Opens Shirt Shop in Hong Kong

In the last 18 months, she opened four small PYE stores in China before opening her flagship in the luxury Pacific Place mall in Hong Kong.

clock February 27, 2013Bambina Wise

Thom Browne

Business Features

Men’s Wear Summit Speakers Set

The Fairchild Fashion Media event is slated for March 20.

clock February 27, 2013WWD Staff

Gareth Pugh RTW Fall 2013

Fashion Show Reviews

Gareth Pugh RTW Fall 2013

After a dalliance with ruffles and gossamer fabrics last season, the English designer was back to his sculptural, futuristic ways.

clock February 27, 2013WWD Staff

Cher

Fashion Scoops

Front Row at Gareth Pugh

“I’m on my way to London to finish my album,” Cher told WWD, confessing she still hasn’t settled on a title for it.

clock February 27, 2013WWD Staff

Paul Stuart store on Omotesando in Tokyo.

Retail

Mitsui Details Plans for Rolling Out Paul Stuart Stores

Japanese company is spearheading an international push for storied American men’s retailer.

clock February 27, 2013Amanda Kaiser and Kelly Wetherille

Boast

Sportswear

Fall Finds From Capsule Las Vegas

Buyers like Eric Jennings, vice president and men’s fashion director for Saks Fifth Avenue, shopped the show for its “very specific” aesthetic.

clock February 28, 2013WWD Staff

Men's products.

Designer and Luxury

Karl Lagerfeld’s Retail Push

The designer has created a sleek, high-tech showcase in Paris for his creative output, from clothing and accessories to photo books and gadgets.

clock February 28, 2013Miles Socha

PARED-DOWN SUITS: John Varvatos Men's RTW Fall 2013

Fashion Features

Men’s Wear Trend: Fashion Forward

After a fruitful fall season, here are the key trends from the London, Milan, Paris and New York fashion weeks.

clock February 28, 2013Alex Badia

J.C. Penney

Financial

J.C. Penney’s Losses Grow, Ron Johnson Tweaks Plan

Retailer fell deep into the red in the fourth quarter and full year, with losses of $552 million and $985 million, respectively.

clock February 27, 2013Vicki M. Young

The Carven store on Rue de Grenelle.

Designer and Luxury

Carven Unveils New Paris Flagship, E-commerce

The brand also plans to stage its comeback in the world of fragrance when it begins selling a new women’s scent.

clock February 28, 2013Joelle Diderich and Jennifer Weil

Retail

Macy’s Exec Talks Martha Stewart on Stand

Chief marketing officer Martine Reardon said since the brand launched in 2007, she’s devoted 25 percent of her time to pumping up the collection.

clock February 27, 2013Alexandra Steigrad

The Destination XL store in Las Vegas.

Financial

Destination XL Group Expects Higher Costs

Guides Wall Street below estimates based on marketing, conversion costs.

clock February 27, 2013Arnold J. Karr

Human Resources

David Kutas Named President of Retail at DVF

He will oversee and help execute all elements of the brand’s retail strategy globally and will report to Joel Horowitz, cochairman.

clock February 27, 2013Lisa Lockwood

The redesigned March issue of Scene.

Media

Scene Magazine Gets a Makeover for First Anniversary

The revamped magazine has a larger trim size, a new cover logo, redesigned inside layouts and thicker, more matte paper stock.

clock February 28, 2013David Lipke

Media

Altuzarra Wins Full-Page Ad in Vogue’s September Issue

The ad is the result of a three-month-long initiative that the CFDA/Vogue Fashion Fund and Kate Spade partnered on to help designers.

clock February 28, 2013Lisa Lockwood

Interior of the Lane Bryant store.

Retail

Lane Bryant Bows in Herald Square

The flagship is one of 11 stores to offer the Lane Collection, which features quality fabrics and more sophisticated styles.

clock February 28, 2013Sharon Edelson

Fashion Scoops

Trussardi, Umit Benan Sahin Parting Ways

Italian firm and designer have consensually terminated their collaboration with the fall collection just unveiled at Milan Fashion Week.

clock February 28, 2013Luisa Zargani

Essentialist

Today's Must Read

“The Future Streets” installation in the Meatpacking District.

Business

New York City Stores to Get More Outdoor Space to Welcome Shoppers

clock 3hRosemary Feitelberg

Social Studies

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