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MR Magazine Staff

MR Magazine Staff

BTS Selling Seen Strong

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NEW YORK – A research consulting firm based here has found that American households have big plans for back-to-school purchases, with apparel trailing only computers in planned increases. In interviews with representatives of 10,000 households that include school-age children, Brand Keys Inc. found that the typical family plans to spend …

Confidence Inches Up in July

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NEW YORK – Consumer confidence eked out a small increase in July, rising to 106.5 from 105.4 in June, as Americans continued to rate their present circumstances as superior to their expectations. Respondents to the Conference Board’s Consumer Confidence survey gave their present situations a rating of 133.0, up from …

Henry Jacobson Sportswear Exiting Department Stores

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NEW YORK – Henry Jacobson’s sportswear collection will be pulled out of department stores next spring. In confirming plans to focus the collection on specialty stores, Alan Burks, recently named president of Henry Jacobson and its affiliate, Mulberry Neckwear, said, “The problem has been that our product is not designed …

Polo Stock Catapults on Upward Guidance

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NEW YORK – Shares of Polo Ralph Lauren Corp. shot ahead nearly 16% Monday after the firm lifted its guidance for the first quarter ended July 3. Polo said that first-quarter results, to be released on Aug. 8, will show a mid-20-percent increase in revenues, with operating margins advancing 200 …

Inner City Blues

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NOTE: BLUE runs July 24 to 26 at The Tunnel (12th Ave. and 27th St.), New York. Collective’s cooler, hipper little brother, BLUE, makes its second appearance on Monday—watch that little guy grow! Here is a smattering of the new vendors debuting at the Tunnel next week. Prep League is …

Report: Kellwood Closes Denim Academy

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NEW YORK – Kellwood Co. has closed its Denim Academy unit as part of its continuing emphasis on its Phat Fashions franchise, according to market sources. Denim Academy, a moderately price urban sportswear line, had been part of Kellwood’s Def Jam University operation but had been relegated to secondary status, …

Richard Cohen’s Next Stop: Aiding Robert Talbott

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NEW YORK – Richard Cohen, the former chief executive officer of Ermenegildo Zegna USA and St. John Knits, is returning to the menswear business as a special advisor to Robert Talbott Inc., the Carmel Valley, Calif.-based producer of better neckwear and apparel. Cohen’s appointment follows the designation of Jerome Politzer, …

Pavone Expands into Kenzo Collection

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NEW YORK – Pavone Inc., the Italian neckwear firm, will begin offering neckwear, scarves and socks under the Kenzo label beginning with Spring 2007 shipments. Pavone will serve as Kenzo’s exclusive sales agency and distributor for the three classifications in the U.S. and Canada and will introduce the lines at …

Target to Pick Up Four Federated Units

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NEW YORK – Sixty-two down, 18 to go. That’s the scorecard as of Thursday after Federated Department Stores said it had agreed to sell four department store locations to Target Corp. With the agreement, all but 18 of the “duplicate locations” resulting from Federated’s acquisition of May Department Stores Co. …

Brean Murray Downgrades Hartmarx

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NEW YORK – Four months after initiating coverage of Hartmarx Corp. with a “strong buy” recommendation, Brean Murray Carret & Co. analyst Gary Giblen has downgraded the clothing firm’s stock to “accumulate.” The target price for Hartmarx stock was reduced to $10.50 a share from $11. The moves follow a …

Target Dips on Murky SSS Outlook

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NEW YORK – Target Corp.’s shares fell to a 52-week low at one point on Tuesday after the discount retailer trimmed its same-store sales expectations for the current month. Target said the comparable-store sales for July are likely to finish up between 3 and 4 percent, slightly below the 4 …

Anderson to Succeed Marineau at Levi’s

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The board of directors of Levi Strauss & Co. Monday designated John Anderson to succeed Phil Marineau as president and chief executive officer of the firm upon the latter’s retirement on Nov. 26. Anderson, a 27-year veteran of Levi’s, was promoted to chief operating officer of the firm on July …

Cipriani Adds Lacoste License

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NEW YORK – Lacoste S.A. has licensed Cipriani Accessories to manufacture and market men’s and women’s belts under the Lacoste label in the U.S. The Lacoste line will make its retail debut for the Spring 2007 season and is to be targeted to Neiman Marcus, Nordstrom, Saks Fifth Avenue, Bloomingdale’s …

Caulfeild Chosen for Chu in Canada

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NEW YORK – Caulfeild Apparel Group Ltd. has been licensed to sell and distribute the David Chu Collection and the designer’s LINCS DC & Co. sportswear in Canada, the first international license for the designer’s follow-up venture to Nautica. Caulfeild was founded in Toronto in 1886 as a retailer of …

Federated Selling Downtown Filene’s Unit

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NEW YORK – Another piece of retail history is about to fall by the wayside due to Federated Department Stores’ acquisition of former archrival May Department Stores. Federated said Monday it has agreed to sell the downtown Boston Filene’s unit to Vornado Realty Trust for approximately $100 million. The sale …

McConnell Promoted at Advanstar

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NEW YORK – Laura McConnell has been promoted to the new post of executive vice president of fashion at Advanstar Communications with responsibility for the company’s entire fashion portfolio. Chris McCabe and Tony Calanca, both previously with Reed Exhibitions, have joined Advanstar as vice president and general manager of the …

Rollins Joins Randa in Top Marketing Post

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NEW YORK – Donna Rollins has joined Randa Accessories in the new post of senior vice president of marketing. She will oversee all of Randa’s marketing efforts, including strategic acquisition of domestic and international licenses, worldwide marketing and retail business development. She reports to Jeffrey Spiegel, president of Randa, and …