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Showing 20 results out of 10000
News

USA: Federated Announces New Rich's Store

Federated Department Stores, Inc. today announced that its board of directors has approved construction of a new Rich's store at the Mall at Stonecrest, east of Atlanta. The new Rich's store will be a two-level, full-line department store, excluding furniture, of 160,000 square feet. Construction is scheduled to begin in August 2000 with a store opening planned for fall 2001. "We have served our Atlanta customers for more than 133 years and are committed to providing quality merchandise, personal service and a exciting shopping experience," said Arnold Orlick, chairman and ceo of Rich's/Lazarus/Goldsmith's (RLG). "We look forward to continuing to serve the expanding Atlanta market with our newest store at Stonecrest." Federated's RLG division is headquartered in Atlanta and currently operates 74 stores throughout the central and southeastern U.S., including 23 Rich's stores in Alabama, Georgia and South Carolina. The division's 1999 annual sales totaled nearly $2.2 billion. Federated, with corporate offices in Cincinnati and New York, is one of the nation's leading department store retailers with annual sales of more than $17.3 billion. Federated currently operates more than 400 department stores in 33 states under the names of Bloomingdale's, The Bon Marche, Burdines, Goldsmith's, Lazarus, Macy's, Rich's and Stern's. Federated also operates the Fingerhut, Bloomingdale's By Mail, Macy's By Mail and Macys.Com direct-to-consumer catalog and electronic commerce subsidiaries.(NOTE: Information on Federated and its operating divisions is available on the Internet at

News

USA: Imperial Home Decor Group Inc. Appoints Douglas R. Kelly as President and Chief Executive Officer

The Imperial Home Decor Group Inc., the world's largest designer, manufacturer and distributor of residential wallcovering products, today announced that Douglas R. Kelly has been named president and chief executive officer. "Doug Kelly's broad business experience in marketing and sales in a creative consumer-products category combined with his operational expertise is exactly what's needed to lead IHDG to the next level," said chairman of the board R.

News

USA: Aris Industries Reports First Quarter Earnings

Aris Industries, Inc. (OTC:BB - AISI) today reported results for the quarter ended March 31, 2000. For the quarter, Aris achieved record revenues of $42,886,000, a 50% increase over sales in last year's first quarter. The increase was principally due to sales from XOXO which was acquired on August 10, 1999, partially offset by a decline in sales of some of the Company's other brands.

Features

Solving The SCM Equation: Collaboration + Technology = Profits

Top-tier apparel producers are now driving supply chain initiatives and using tools - such as EDI, the Internet and CPFR (Collaborative Planning, Forecasting and Replenishment) - to improve service to retailers, decrease inventories and take cost out of business processes. To subscribe to Bobbin, please visit

Features

From Boo To Bust

Although last week's collapse of boo.com, one of the most high profile Internet companies to be launched during the last six months, might not have come as much of a surprise to observers in the business community, its implications have sent shockwaves throughout the apparel sector. For not only is Boo the first major European casualty of the burgeoning dotcom bubble, but its demise also seems to reflect the widely-held belief that clothing and e-commerce don't necessarily make good partners.

News

USA: ElegantShopping.com Launches ElegantBoutique.com Designers' Collection

ElegantShopping.com announced today the launch of ElegantBoutique.com Designer's Collection®. The Designer's Collection®, a member of ElegantShopping.com family, is a collection of upscale boutiques created and designed in cooperation with the Designer's in their own unique styles. These Boutiques offer women's apparel ranging from cool and hip to elegant and sexy. Shopping at ElegantBoutique.com Designer's Collection® is akin to walking down Rodeo Drive with just as much glamour and style, but more affordable. With an unparalleled understanding of their online clientele, ElegantShopping.com set out to choose the Designers that could satisfy their high standard. All of the partner Designers are well established and excited about spreading their style into the virtual world. An impressive array of designs is offered on the site with an extensive technological infrastructure to ensure a secure, fast, and satisfying shopping experience. Despite its significant size, the Designer market has been confined to brick and mortar retail stores. Most Designers believe either that e-commerce is hype or don't want to exclude their traditional markets, sic. Department stores. ElegantShopping.com thought Designer apparel was a logical step after its prior success in launching its apparel outlet store within ElegantBoutique.com, offering women's apparel at 25 to 80 percent discounts to retail prices. In addition to offering the latest fashions, ElegantBoutique.com Designer's Collection® also features future season's collections that are currently on show to the trade. Allowing their customers a "preview" of what is to come, the Designer's Collection® is bound to create a loyal following.

News

USA: Data Return Successfully Manages E-commerce Application for Record-Breaking Victoria's Secret Cannes 2000 Fashion Webcast

Managed Hosting Services Contribute to Success of "Shop While You Watch" During Webcast Data Return Corporation (Nasdaq: DRTN), a leading provider of managed hosting services for the Microsoft® Windows® 2000 platform, today announced it provided managed hosting services for the e-commerce application of the successful Victoria's Secret Cannes 2000 Fashion Show Webcast, which was broadcast live over the Internet from Cannes, France, on May 18, 2000.

News

USA: MadeToOrder.com Launches Its CAP Program

Partners With Corio, USI-Insurance and Circle InternationalNew, Customized MadeToOrder.com Program Automates the Procurement of Logo Merchandise for Large Companies and Organizations MadeToOrder.com(TM) Inc., the leading online source for the purchase of premium logo merchandise, today announced it has launched its Custom Account Partner (CAP) program, a business solution for preferred customers to streamline the procurement cycle and reduce the time and cost involved in ordering logo merchandise.

News

USA: Jos. A Bank Clothiers, Inc. Posts 129% Increase in First Quarter Earnings

Jos. A. Bank Clothiers, Inc. (Nasdaq:JOSB) announced today that earnings per share for the first quarter ended April 29, 2000 (fiscal 2000) increased to $.16 per share, representing a 129% increase compared to the earnings of $.07 per share in the first quarter last year. All per share amounts refer to diluted earnings per share. Robert N. Wildrick, CEO stated: "We have generated two highly profitable quarters in a row. Our first quarter results put us on a great pace to have a terrific year. I am most pleased with the performance of our corporate casual line which was a key factor in our successful first quarter. We have the right clothes to meet the trend of the casual workplace." The Company opened two stores in the first quarter of 2000 -- one in Leesburg, VA and the other in Dawsonville, GA. As part of its plan to open 75 to 100 plus new stores through fiscal 2003, the Company expects to open 4 to 6 additional new stores in the remainder of 2000 - mostly in the second half. For the quarter ended April 29, 2000, total sales increased 6.4% to $46,408,000 compared to $43,607,000 in the same period in 1999. Comparable store sales increased 5.5% for the first quarter of 2000, while Internet sales increased 600% and catalog sales decreased 14% on a planned 10% decrease in circulation. A conference call to discuss the press release will be held on Tuesday, May 23, 2000 at 9:00 a.m. To participate in the call on May 23, 2000, call 1-800-450-0785. Jos. A. Bank Clothiers, Inc., established in 1905, is a multi-channel retailer of men's classically styled tailored and casual clothing, footwear and accessories. The Company sells its full product line through 110 stores nationwide, a nationwide catalog with a total circulation of 8 million and an e-commerce web site (

News

USA: The Leslie Fay Company Appoints John A. Ward Chief Executive Officer

John J. Pomerantz Remains with Company as Chairman of the Board The Leslie Fay Company, Inc. (Nasdaq: LFAY) announced today that its Board of Directors has appointed John A. Ward, 46, Chief Executive Officer of the Company. He will also remain President of the Company, a position he has held since 1997.

News

ISRAEL: Delta Galil Key Supplier for New DKNY Men's Underwear Collection

Delta Galil Industries Ltd. (Nasdaq: DELT), the global provider of private label intimate apparel, men's underwear, socks, baby wear and leisurewear, today reported that it will become a key supplier for the new collection of DKNY brand men's underwear scheduled for launch during the 2000 holiday season.

News

USA: TextilEdge Launches Leading Online Marketplace for the Textile and Apparel Industries

Partnership with Computer Sciences Corporation Delivers Market Leading Solution TextilEdge, Inc. announced today the launch of the leading electronic marketplace for sourcing in the global apparel and textile industries. TextilEdge has built its marketplace in partnership with Computer Sciences Corporation (CSC), a worldwide leader in e-business solutions. The TextilEdge marketplace, initially targeting the United States and Latin America, streamlines the apparel and textile sourcing chain by bringing together buyers and suppliers and facilitating transactions through a neutral, robust and secure technology platform. TextilEdge customers have expressed strong interest in first using the TextilEdge platform with suppliers in Mexico and elsewhere in Latin America. Latin America now accounts for over 40% of apparel imports into the United States with growth of over 30% per year. For this reason, TextilEdge has focused first on developing a platform designed to suit the specific needs of buyers and suppliers in the Western Hemisphere supply chain. ``TextilEdge improves the way buyers and suppliers interact by providing a framework to more effectively manage each step of the sourcing process,'' said Robert Widlansky, TextilEdge CEO. ``This benefits all users by reducing transaction and product costs, shortening cycle times and increasing business opportunities.'' TextilEdge is the first e-commerce marketplace built exclusively to fulfill the unique sourcing needs of the $200 billion apparel and textile industry. ``The TextilEdge management team has deep industry expertise, spanning the entire sourcing chain,'' said Widlansky. ``This, combined with our extensive technology and e-commerce experience, makes TextilEdge the leader in driving the apparel and textile industries' shift to e-commerce.''

News

Netherlands: Gucci Group Acquires Boucheron, Increases Direct Control Over Existing Brands

Gucci Group to acquire Boucheron International S.A. Gucci Group announces creation of joint venture with FJ Benjamin Holdings Ltd in Asia. Yves Saint Laurent Couture acquires license rights of Cartier International and Schwartz & Benjamin. Gucci Group N.V. (NYSE and Amsterdam: GUC) announces today a series of acquisitions and alliances designed to press forward the Group's multi-brand strategy and extend its direct control over the brands in its portfolio.

News

Netherlands: Gucci Group N.V. Reports Strong First Quarter Revenues And Revises 2000 Forecast

Gucci Group reports first quarter revenues of $ 530 million - Gucci Division first quarter revenues up 27% to $ 342.9 million - Goodwill and trademark amortization period reduced from 40 to 20 years reflecting SEC guidance - Restructuring charges in first quarter of $ 32 million net of tax - Management comfortable with full year net income per share of $ 3.10 after impact of accelerated amortization, restructuring charges and recently announced acquisitions

News

USA: The Children's Place Boosts Email Results Tenfold With Net Perceptions Solution

Targeted one-to-one email campaign shows dramatic gains in click-through and conversion rates over industry average Net Perceptions, Inc. (Nasdaq: NETP) announced today that The Children's Place (Nasdaq: PLCE), a specialty retailer of apparel and accessories for children from newborn to 12 years of age, with 344 retail outlets and an expanding e-Commerce presence, was able to demonstrate dramatic click-through and conversion rates in a targeted email campaign using Net Perceptions' one-to-one personalized email application.

Features

The Hidden Strengths of Fusing and Fusibles

Interlinings are one of the hidden strengths in apparel manufacturing: they are highly technical, invisible to the eye yet have a major role to play in the shaping and suppleness of a garment. Generally inserted between the fabrics and linings, the fusible fixing stage is one of the most critical of all the production operations, with the real quality of the process ― or its failure ― often not apparent until long after the garment has been sold. In the run-up too IMB we take a look at what's new in the market.

News

USA: Forbes Ranks REI.com Top Site for Outdoor Gear

REI.com Named "Forbes Favorite" in Summer 2000 "Best of the Web" Issue Commending the site's extensive product inventory, ease of use and depth of content, Forbes magazine has named REI.com ( www.rei.com ) the Internet's top outdoor gear and apparel site. The selections were announced in Forbes magazine's special Summer 2000 "Best of the Web" issue (http://www.

News

USA: Ryder Unveils e-Channel Solutions

e-Commerce B2B and B2C Fulfillment Solutions Designed to Provide the Successful Back-End for On-Demand Delivery for Clients' e-business Needs Ryder System, Inc. (NYSE:R), a leader in logistics and transportation management solutions worldwide, today unveils an Internet-based fulfillment solution - "e-Channel Solutions" (ECS).