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News Archive

James A. Mitarotonda Nominated for Election to Jones Group Board of Directors

The Jones Group Inc. ("Jones" or the "Company") (NYSE: JNY) today announced that it has reached an agreement with Barington Capital Group, L.P. ("Barington") under which James A. Mitarotonda has been nominated to stand for election to the Board of Directors at the Company's 2013 Annual Meeting of Stockholders. With the addition of Mr. Mitarotonda, the Jones Board of Directors will expand to eleven members, eight of whom are independent, ten of whom are non-management and all of whom are annually elected.

Robert L. Mettler, Chair of the Nominating and Corporate Governance Committee and Presiding Independent Director of the Board of Directors, said: "We value Jim's expertise in the retail, apparel and footwear industries and welcome his input as we continue to execute on our plan and drive results during this pivotal period of transformation for the Company. The Jones Group Board of Directors and management team are focused on improving profitability and enhancing shareholder value for the long-term."

James A. Mitarotonda, Chairman and Chief Executive Officer of Barington Capital Group, stated: "I am pleased to join the Board of The Jones Group, a well-respected company with significant potential for future growth. I support the recent initiatives the Company has taken and I look forward to working with my fellow directors to build value for all Jones Group stockholders."

After joining the Board, Mr. Mitarotonda will be serving on the Audit Committee.

As part of the agreement, Barington, which represents a group of investors that owns approximately 2.3% of The Jones Group common stock, has agreed to vote its shares in support of all of the Company's director nominees at the 2013 Annual Meeting. Barington has also agreed to certain customary "standstill" provisions.

The Company will file the full text of the agreement on a Form 8-K with the Securities and Exchange Commission today, and will also file and mail to its stockholders its proxy materials in due course. The annual meeting will be held on June 14, 2013 and stockholders of record at the close of business on March 26, 2013 will be entitled to vote.

About James A. Mitarotonda

James A. Mitarotonda is Chairman, President and Chief Executive Officer of Barington Capital Group, L.P., an investment firm that he co-founded in November 1991 that has significant experience investing in retail, apparel and footwear companies. He currently serves as a director of A. Schulman, Inc. and The Pep Boys – Manny, Moe & Jack and is a former director of a number of publically traded companies, including Griffon Corporation, Gerber Scientific, Inc., Register.com, Inc. and Ameron International Corporation. Mr. Mitarotonda received an M.B.A. from New York University's Graduate School of Business Administration (now known as the Stern School of Business) and a B.A. in economics from Queens College, where he now serves as Chairman of its Business Advisory Board.

About Barington Capital Group, L.P.

Barington Capital Group, L.P. is an investment management firm that primarily invests in undervalued, small and mid-capitalization companies. Barington and its principals are experienced value-added investors who have taken active roles in assisting companies in creating or improving shareholder value. Barington has significant experience investing in retail, apparel and footwear companies, with prior investments in The Warnaco Group, Dillard's, Nautica, Steven Madden, Payless ShoeSource, Stride Rite, Maxwell Shoe and Harry Winston.

About The Jones Group Inc.

The Jones Group Inc. is a leading global designer, marketer and wholesaler of over 35 brands with product expertise in apparel, footwear, jeanswear, jewelry and handbags. The Jones Group has a reputation for innovation, excellence in product quality and value, operational execution and talent. The Company also markets directly to consumers through branded specialty retail and outlet stores, through concessions at upscale department stores and through its e-commerce sites.

ANN INC Reduces Carbon Footprint 20 Percent

Company surpasses its goal three years ahead of schedule, sets new target

ANN INC. the parent Company of Ann Taylor and LOFT, today announced that it has surpassed its 2015 carbon footprint goal of reducing its emissions by 8 percent per square foot. Based on year-end 2012 results, the Company has more than doubled that goal, achieving a 20 percent reduction over its 2008 baseline. ANN INC. reaffirms its continued commitment to environmental sustainability by setting a new goal of reducing emissions per square foot by 30 percent by 2015.

This significant reduction in carbon emissions was achieved through the implementation of key programs ranging from the installation of energy efficient lighting in its stores to behavior change campaigns for associates.

"At ANN INC. we have a strong commitment to our clients and associates to operate our business responsibly and to minimize our impact on the environment," said Kay Krill, President and CEO of ANN INC.  "We're thrilled to surpass this goal earlier than expected. It was not an easy task, but investing in new programs, coupled with the power of our passionate associates, have helped us get there."

ANN INC.'s ANN Conserves Energy (ACE) program trains more than 18,000 store associates on energy efficiency best practices and behaviors, including lighting, equipment and temperature control settings. In 2012, ANN INC. installed more than 50,000 light-emitting diode (LED) light bulbs in almost 400 stores, which has resulted in significant reduction of energy use and utility costs. The Company's flagship LOFT store in Times Square, New York has also been outfitted with energy efficient LEDs, and the store's 12,000-light-bulb marquee now uses one quarter of the energy that it used when it was first installed.

"Our LED initiative and other in-store activities have produced an increase in energy efficiency in ANN INC.'s stores by 10 percent per square foot in only three years," said Jeannette Ferran Astorga, Vice President of Corporate Social Responsibility at ANN INC. "This Earth Day, we celebrate our current practices that have helped us achieve our goals of becoming a more efficient fleet of stores, while reducing our carbon emissions."

In January 2013, ANN INC. announced its membership to the Sustainable Apparel Coalition (SAC), a trade association comprised of brands, retailers, manufacturers, government and non-governmental organizations and academic experts who are committed to supply chain sustainability. ANN INC. is the first women's specialty retailer to join the SAC and will use the group's sustainability index to drive environmental responsibility throughout its supply chain.

The Company regularly reports on its programs, including its carbon footprint results and other corporate social responsibility initiatives, on its website, ResponsiblyANN.com.  

About ANN INC.
ANN INC. is the parent Company of Ann Taylor and LOFT, two of the leading women's specialty retail fashion brands in North America.  The Company operates 984 Ann Taylor, Ann Taylor Factory, LOFT and LOFT Outlet stores in 47 states, the District of Columbia, Puerto Rico and Canada as of February 2, 2013.  Our Ann Taylor and LOFT brands are available in more than 100 countries worldwide online at AnnTaylor.com and LOFT.com.  Visit ANNINC.com for more information (NYSE: ANN).

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CLEANCOOL Brand Underwear

In recent decades, China has seen a rapid development in technology, from the space industry to consumer goods such as underwear used in space, which implies a higher level of technology in the nation.

CLEANCOOL, a brand of underwear from Sinotextiles Corporation Limited, appeared in the mainland of China recently and showed amazing the function of fighting off super-bacteria, such as NDM-1, H1N1, and MRSA, with test conclusions strongly supported by the U.S. Food and Drug Administration.   

Underwear, which owns a huge market volume, strongly dominates the market place and surpasses other kinds of categories within the sunrise apparel industry.

The increasing appearances of various bacteria have forced medical institutions of all countries to pay heavy prices. Human beings have never attached such importance to body care like today. Thus, it will be a massive contribution to the world if wearing underwear can help people eliminate their fears of bacteria.

From that, we can easily conclude that people's ideas of their base layers have completely changed, not only demanding something comfortable and sexy, but also safe and protective.

Therefore, we will pay close attention to the market performance of the CLEANCOOL fiber in the market place.

R. Brad Martin to Depart Dillard's Board of Directors in May

Dillard's, Inc. announced yesterday that R. Brad Martin has informed the Company he will not stand for re-election at the Annual Meeting of Stockholders on May 18, 2013. Mr. Martin, who has served on the board since 2008, has accepted a leadership position which will require a significant time commitment.

Dillard's Chairman of the Board, William Dillard, II, stated, "We are truly appreciative of Brad's leadership over the past five years. As an experienced retailer, Brad's insight was invaluable as we navigated some tough years and emerged a stronger company. We wish him the best in his new appointment and we value his ongoing friendship."

Mr. Martin stated, "I have enjoyed serving on the Dillard's board and I am truly proud of our accomplishments. Dillard's is a terrific company with an outstanding management team and board of directors. I remain a friend of Dillard's as well as a shareholder and will be following the company's success closely in the future."

Mr. Martin is the former Chairman of the Board and Chief Executive Officer of Saks Incorporated. He currently serves Dillard's as Chairman of the Audit Committee.

Fashion Celebrity Carson Kressley to Give Philadelphia University Commencement

Emmy Award-winning fashion celebrity Carson Kressley will address undergraduate students at Philadelphia University's 129th Commencement on Saturday, May 11. At the ceremony, Kressley will be awarded the honorary degree Doctor of Humane Letters.

Throughout his career as a television star, celebrity stylist, author and fashion designer, Kressley has won fans for his roles in "Queer Eye for the Straight Guy" as well as Lifetime's critically acclaimed show, "How to Look Good Naked," ABC's "True Beauty" from executive producers Tyra Banks and Ashton Kutcher, Oprah Winfrey's "Your Own Show: Oprah's Search for the Next TV Star," and his current show on the Oprah Winfrey Network "Carson Nation," in which Kressley travels to small towns across the U.S., transforming lives one person at a time with humor and style.

Kressley also heated up the dance floor as a contestant on the 13th season of ABC's mega-hit "Dancing with the Stars" and is a New York Times best-selling author with three books to his credit, including "You're Different and That's Super," a children's book promoting diversity and tolerance.

"Carson Kressley is a tremendous friend to Philadelphia University," said President Stephen Spinelli Jr., Ph.D. "His energy and enthusiasm are contagious, and he has a real heart for encouraging students and young professionals to pursue their goals. He has been successful on many levels and serves as a role model for our students, who are taught to think and work across disciplines. We couldn't be more proud to have Carson as our Commencement speaker."

Kressley has a history of supporting PhilaU, visiting campus in March 2012 to encourage students in the fashion programs and participate in a student-led interview on his experiences in the industry. Kressley also introduced Spirit of Design Award recipient Tommy Hilfiger at the 2011 Philadelphia University Fashion Show and, in 2006, a PhilaU fashion design student was presented with the Carson Kressley Scholarship for outstanding design work.

"What an honor it is to receive this degree from Philadelphia University. I'm a big fan of their solid educational programs and entrepreneurial spirit," Kressley said. "Although I'm not an academic I certainly know my way around the fashion world and hope to inspire the graduating class by sharing my 'anything is possible' story."

In a separate ceremony, Robert Nydick '78 will give the graduate Commencement address and will be awarded the honorary degree Doctor of Humane Letters. Nydick, professor of management and operations at Villanova University and a Philadelphia University trustee, will speak from his years of experience teaching students how businesses make sound decisions.

Nydick studied business at PhilaU and earned his master's degree from the University of Pennsylvania's Wharton School and Ph.D. from Temple University in operations research. Nydick, who taught at Philadelphia University for seven years, currently teaches undergraduate and MBA students at Villanova in areas of decision sciences, operations management and operations research. He has published his research in top journals.

More than 800 undergraduate and graduate students will receive diplomas at the 2013 Commencement ceremonies on May 11.

Both the undergraduate and graduate Commencement ceremonies will be held on Philadelphia University's Alumni Field this year. The ceremony celebrating undergraduate students will take place at 3 p.m. and the ceremony celebrating master's and doctoral students will take place at 10 a.m. There will be a tent set up for Commencement exercises with seating both under and outside of the tent.

For more information about the ceremonies, academic attire, Grad Finale, parking, tickets and accommodations, please visit www.PhilaU.edu/commencement.

Philadelphia University, founded in 1884, is a private university with 3,600 students enrolled in more than 60 undergraduate and graduate programs. As a model for professional university education, the University prepares students to be leaders in their professions in an active, collaborative and real-world learning environment infused with the liberal arts. Philadelphia University includes the innovative Kanbar College of Design, Engineering and Commerce; the College of Architecture and the Built Environment; and the College of Science, Health and the Liberal Arts.

The Wet Seal to Present at TAG's Annual Spring Consumer Conference

The Wet Seal, Inc. (Nasdaq: WTSL), yesterday announced that the Company will be presenting at the TAG 5th Annual Spring Consumer Conference being held at The InterContinental New York Times Square on Tuesday, April 9th at 3:55 p.m. Eastern Time. John D. Goodman, Chief Executive Officer, and Steve Benrubi, Executive Vice President and Chief Financial Officer, will host the presentation.

New Chief Merchandising Officer of maurices Brand

Ascena Retail Group, Inc. (NASDAQ: ASNA) yesterday announced that Erin Stern has accepted the position of Executive Vice President and Chief Merchandising Officer with their maurices brand effective April 15, 2013. maurices (based in Duluth, MN) is an 860-store chain serving a twenty-something female (sizes 0-24) in small- and mid-markets.

David Jaffe, President and CEO of the Ascena Retail Group, commented, “Erin is an outstanding merchant with a strong strategic vision and understanding of this customer. Erin is an exceptional hire for this role.”

Ms. Stern joins maurices with over two decades of retail experience including Chief Merchant for Juicy Couture and President of bebe Sport. The majority of Erin’s retail career was with Gap, Inc. where she held several senior merchandising positions across multiple product categories in their Old Navy division.

Ms. Stern earned a BA degree from Tulane University.

Ms. Stern commented, “I am very excited to join this organization. maurices has a proven business model and an impressive runway for growth. I look forward to sharing my experiences in enhancing the maurices customer experience.”

George Goldfarb, President of maurices added, “Erin is a unique merchant who has an innate talent with product and also possesses exceptional analytical and leadership skills. I’m thrilled to welcome her to maurices.”

The Jones Group Appoints Greg Clark Chief Marketing Officer

The Jones Group Inc. this week announced that it has appointed Greg Clark to the position of Chief Marketing Officer, effective immediately. Mr. Clark will report to Stefani Greenfield, Chief Creative Officer, and will oversee global marketing and brand identity for the Company's portfolio of fashion brands.

"We are excited to welcome Greg and his unique set of skills and expertise to The Jones Group to implement our vision of marketing as we continue the expansion of our fashion brands," said Stefani Greenfield, Chief Creative Officer of The Jones Group. "Greg's leadership will be instrumental in driving innovative marketing and branding campaigns that reinforce the Company's strategy to further connect our brands to consumers."

Richard Dickson, President and Chief Executive Officer of Branded Businesses at The Jones Group, said, "Greg's vast marketing and creative experience across a diverse group of brands adds tremendous value in the context of our corporate mission. I am thrilled to have him become an integral member of the team."

In his role as Chief Marketing Officer, Mr. Clark will spearhead global creative marketing and communications, including digital media strategy, brand development and creative.

"The Jones Group has a rich portfolio of fashion brands that each possess their own unique heritage and relevance," said Mr. Clark. "I look forward to working with the talented team at The Jones Group in advancing their global marketing and brand building programs."

Mr. Clark is a proven marketing executive with more than 30 years of experience in executing global strategy across retail brands in fashion and packaged goods. He most recently served as the Senior Vice President of Creative Marketing for JCPenney. Prior to joining JCPenney, Mr. Clark held executive creative and marketing positions at various retailers including Toys 'R'Us, Marshall Fields, and Lane Bryant.

About The Jones Group Inc.

The Jones Group Inc. (www.jonesgroupinc.com) is a leading global designer, marketer and wholesaler of over 35 brands with product expertise in apparel, footwear, jeanswear, jewelry and handbags. The Jones Group has a reputation for innovation, excellence in product quality and value, operational execution and talent. The Company also markets directly to consumers through branded specialty retail and outlet stores, through concessions at upscale department stores and through its e-commerce sites.

Dillard's, Inc. Announces Dividend Record Date

Dillard's, Inc. (DDS-NYSE) clarified today that the record date of its previously announced cash dividend of $0.05 per share will be Thursday, March 28, 2013 rather than Friday, March 29, 2013. The dividend remains payable on May 6, 2013 to shareholders of record as of the close of business on March 28, 2013.

Iconix Brand Group, Inc. Announces Proposed Private Offering of Convertible Senior Subordinated Notes

Iconix Brand Group, Inc. announced yesterday that it intends to offer, subject to market and other conditions, $325 million aggregate principal amount of Convertible Senior Subordinated Notes due 2018 (the "notes") in a private offering. The notes will be offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Iconix also expects to grant to the initial purchaser of the notes a 30-day option to purchase up to an additional $50 million aggregate principal amount of notes, solely to cover over-allotments, if any.

Iconix expects to use the net proceeds from the offering of the notes (i) to fund the repurchase of up to $75 million of its common stock in privately negotiated transactions through the initial purchaser conducted contemporaneously with the pricing of the notes, (ii) to fund the net cost of a convertible note hedge transaction and a warrant transaction with a hedge counterparty, as described below, and (iii) for general corporate purposes, which may include investing in or acquiring new brands through opportunistic transactions and strategic relationships and additional share repurchases. Since January 1, 2013, Iconix has repurchased approximately 2.6 million shares of its common stock for an aggregate purchase price of approximately $62.0 million.

The notes will mature on March 15, 2018. Prior to December 15, 2017, the notes will be convertible only upon the occurrence of certain events and during certain periods, and thereafter, at any time until the business day preceding the maturity date of the notes. Upon any conversion, Iconix's conversion obligation will be settled in cash up to the principal amount and, to the extent of any excess over the principal amount, in shares of Iconix common stock, or, if Iconix so elects, cash. The interest rate on, and the conversion rate of, the notes will be determined by negotiations between Iconix and the initial purchaser of the notes.

In connection with the offering of the notes, Iconix expects to enter into a privately negotiated convertible note hedge transaction with an affiliate of the initial purchaser of the notes (the "hedge counterparty"). The convertible note hedge transaction is expected to cover, subject to customary anti-dilution adjustments, the number of shares of Iconix common stock that will initially underlie the notes. Iconix also expects to enter into a separate privately negotiated warrant transaction with the hedge counterparty relating to the same number of shares of Iconix common stock. In addition, if the initial purchaser exercises its over-allotment option to purchase additional notes, Iconix expects to sell additional warrants and to use a portion of the proceeds from the sale of the additional notes and from the sale of the corresponding additional warrants to enter into an additional convertible note hedge transaction. The convertible note hedge transaction is expected to reduce the potential dilution with respect to Iconix common stock upon conversion of the notes. However, the warrant transaction will have a dilutive effect with respect to Iconix common stock to the extent that the market price per share of Iconix common stock exceeds the applicable strike price of the warrants on any expiration date of the warrants.

In connection with establishing its initial hedge of the convertible note hedge transaction and warrant transaction and concurrently with, or shortly after, the pricing of the notes, the hedge counterparty or its affiliate expects to purchase Iconix common stock in open market transactions and/or privately negotiated transactions and/or enter into various cash-settled derivative transactions with respect to Iconix common stock. In addition, the hedge counterparty or its affiliate may modify its hedge position by entering into or unwinding various derivative transactions with respect to Iconix common stock and/or by purchasing or selling Iconix common stock in open market transactions and/or privately negotiated transactions following the pricing of the notes from time to time (and are likely to do so during any conversion period related to a conversion of notes). Any of these hedging activities could also increase, decrease or prevent a decline in, the market price of Iconix common stock.

The notes and the shares of Iconix common stock issuable upon conversion thereof, if any, have not been registered under the Securities Act or applicable state securities laws and may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Nordstrom Rack To Open In Jacksonville, Fla.

Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Markets at Town Center in Jacksonville, Fla. The approximately 35,000-square-foot store is scheduled to open in fall 2013.

Nordstrom Rack is the off-price retail division of Nordstrom, Inc., carrying on-trend merchandise from Nordstrom stores and Nordstrom.com at 50 to 60 percent off original Nordstrom prices. Nordstrom Rack also offers a wide selection of apparel, accessories and shoes from many of the brands carried in Nordstrom stores. These items are purchased specially for Nordstrom Rack, with most at savings of 30 to 70 percent off.

The announcement follows recently announced plans to open a Nordstrom full-line store at St. Johns Town Center in fall 2014. Nordstrom currently operates nine full-line stores and eight Rack stores throughout Florida.

"We're fortunate to have lots of customers living throughout the First Coast region and hope this new Rack store will make it more convenient for our Jacksonville customers to shop both our Rack location and the neighboring full-line store opening across the street next year," said Geevy Thomas, president of Nordstrom Rack.

The Markets at Town Center is an existing hybrid retail, dining, and entertainment center conveniently located at Gate Parkway and Town Center Parkway just off I-295 / J. Turner Butler Boulevard. In addition, the new Nordstrom Rack will be located across from St. Johns Town Center where a new Nordstrom full-line store will open in 2014. The new Rack store will be part of the final phase to the center and will join a vibrant business, retail and restaurant scene. Nearby stores include REI, Ulta, Best Buy, West Marine, Brio, Black Finn, Whiskey River, Suite and a variety of boutiques.

"We could not be more excited to be welcoming Nordstrom as our neighbor and Nordstrom Rack to our incredible array of one of a kind merchants and restaurateurs at The Markets at Town Center," said Steven Cadranel, President of Arris Realty Partners. "Our vision and success for attracting the most desired retailers and creating a truly unique shopping and dining experience for all of northeast Florida continues to build on itself."

About Arris Realty Partners and Genesis Realty Advisers
The principals of Arris Realty Partners and Genesis Realty Advisers, together with other former executives of Ben Carter Properties, are completing the final phase of development of The Markets at Town Center on behalf of its owner Pinehill Markets Operating, LLC. The two firms are headquartered in Atlanta, Georgia, and specialize in all facets of retail development, acquisitions, asset management, leasing, and property management.

Kate Spade Investor Day March 2013

Fifth & Pacific Companies, Inc. (NYSE:FNP) will webcast its kate spade new york 2013 Investor Day Conference to the general public on Friday, March 15, 2013, beginning at 9:00 a.m. Eastern Time. This webcast can be accessed at Fifth & Pacific Companies Inc. website at www.fifthandpacific.com. The webcast will be posted in the Investor Relations section. An archive of the webcast will be available through Friday March 29, 2013.

The Jones Group Inc. to Present at Bank of America Merrill Lynch 2013 Consumer & Retail Conference on March 12, 2013

The Jones Group Inc. (NYSE: JNY) is scheduled to present at the Bank of America Merrill Lynch 2013 Consumer and Retail Conference on March 12, 2013 8:30 am eastern time. The presentation will be webcast and made available through the Company's website at www.jonesgroupinc.com.

Montblanc Continues Charitable Streak with Signature For Good Initiative

Saturday, February 23, 2013 marked the official launch of Montblanc's Signature For Good Collection with UNICEF, whereby Montblanc hopes to provide children access to quality education. This collection reinforces Montblanc's long-term commitment to children's education and UNICEF.

To celebrate the launch of the collection, Montblanc hosted a pre-Oscar charity brunch with UNICEF at the Hotel Bel-Air.  Academy award winner Hilary Swank made a special appearance to speak about the importance of the initiative and shed light on her recent visit to Ethiopia with Montblanc and UNICEF. For every piece in the Signature For Good Collection sold between March 1, 2013 and March 1, 2014 Montblanc will donate part of its proceeds to raise at least $1.5 million to support the UNICEF education programs worldwide.

Additional celebrities who lent their support to the cause and attended the brunch were Emmy Rossum, Rosario Dawson (actress), UNICEF Ambassador Alyssa Milano, Louise Roe, Alan Arkin, Billy Zane, Jesse Metcalfe, Peter Fonda, Jesse Williams, Jane Seymour, Clemens Schick, Rachel Griffiths and many more.

Montblanc Signature For Good Collection includes a special edition of writing instruments, jewelry and leather accessories, all of which feature a unique brick design symbolizing the joint effort of building a better future for all children and their communities by improving access to quality education, including the construction of schools – brick by brick. For every piece in the "Signature for Good" Collection sold between 1 March 2013 and 31 March 2014, Montblanc will donate part of its proceeds to raise at least $1.5 million dollars to UNICEF's education programmes, focusing on the most vulnerable children, through the Schools for Africa and Asia initiatives, and programmes in Latin America. 

With a heritage deeply rooted in the culture of writing, Montblanc has always been committed to the support of education and literacy.  For nearly a decade, Montblanc has taken an active role in supporting UNICEF's efforts to enable more children to learn how to read and write, with several global initiatives together raising over $5 million dollars to date. With the new "Signature For Good" Collection, Montblanc is building on the success of the first "Signature For Good" initiative launched in 2009 and pledging to raise in 2013 at least $1.5 million dollars.

For this special Montblanc "Signature For Good" Collection, the design of the Meisterstuck has been revisited with unique detailing. Available as a Classique Fountain Pen, Rollerball, and Ballpoint Pen and in the bolder LeGrand size, the black precious resin writing instrument features a cap top ring designed with the symbolic rectangular brick pattern. The blue sapphire set in this ring is inspired by UNICEF's blue colour and the work it accomplishes to improve children's lives. Other pieces in the collection include handcrafted leather wallets, cardholders, a pen pouch and notebook with blue lining decorated with the symbolic brick design. The leather used by Montblanc for the Signature For Good Collection is Italian full-grain printed calfskin. The distinctive pattern on the leather is a series of diagonal lines. Cuff links with reversible surfaces of onyx and stainless steel, bracelets and key rings, all embellished with a sapphire, make up the jewellery selection.

Each writing instrument, leather item and jewellery piece features an individual serial number associated with a "brick," a reference to the building and running of schools: indicating that the owner of the product has a symbolic share in the programme and is contributing to building better and brighter futures one brick at a time. By registering the number on the product at www.montblanc.com/signatureforgood, the owner of the piece can monitor the progress of the initiative and find out the many ways in which UNICEF is improving educational opportunities for children. Not just by building schools but also by transforming them into a safe and protective place where children can learn and play. Lutz Bethge, CEO Montblanc International explains, "With 61 million children in the world not yet enrolled in school, it is our duty to take the necessary steps to empower these children with an education so they have the knowledge, skills and confidence to shape a better future for themselves and their communities. Our aim was to create a collection that not only appeals through its design, style and fine craftsmanship, but that has a greater purpose by enabling real change."

For UNICEF, the ongoing relationship with Montblanc is a meaningful and important one. As Caryl M.Stern, President and CEO of the U.S. Fund for UNICEF says, "Thanks to our partnership with Montblanc and the vital contribution to UNICEF's work, UNICEF has provided more children a quality education that will significantly better their chances in life. The impact of their investment is truly noticeable and we are grateful for the contribution they make in raising global awareness for UNICEF's work with vulnerable children around the world."

The Montblanc "Signature For Good" Collection is available from March 2013 in Montblanc boutiques worldwide. #Sign4Good

Limited-Edition Jimi Hendrix T-Shirts at Gap

Exclusive T-Shirts Celebrate New Album Featuring Previously Unreleased Studio Recordings by Legendary Guitarist Jimi Hendrix


Today Gap announced the brand is joining a yearlong celebration of the life and music of Jimi Hendrix in honor of his 70th birthday with the launch of two limited-edition t-shirt designs. The t-shirts feature art from the iconic musician's new album, People, Hell and Angels, which introduces previously unreleased studio recordings from 1969, the year Gap was founded in San Francisco.

Available in styles for men and women, the exclusive cotton t-shirts will launch online at Gap.com on March 5th and be available in US stores on March 15th for $29.95. In addition, the shirts will be offered in select Gap stores in Canada, UK, France, Italy, Japan and China starting in late March.

"From the moment we opened our first store in 1969 selling jeans and records, Gap has always connected with people through music," said Seth Farbman, Gap's Global Chief Marketing Officer. "This partnership is an opportunity to celebrate an influential, American artist whose music still inspires people today."

"We are delighted to be partnering with Gap to celebrate the release of People, Hell and Angels on the 70th anniversary year of the birth of our beloved Jimi. In fashion, as in music, he was adventurous, innovative and colorful. These beautiful shirts, along with Fender's participation, are truly the reflections of his creative music, fashion and style," stated Janie Hendrix, President and CEO of Experience Hendrix LLC.

Gap's 1969 Soho store in New York City and Gap's Seattle stores at 5th & Pine and Southcenter will offer a special pre-launch of the t-shirts beginning March 5th. In celebration of the pre-launch, shoppers will have the opportunity to win one of two Fender guitars by visiting the Soho store from March 5-10 and uploading an image of the Fender guitars to Instagram using the hashtag #JimiHendrixGap. Twenty lucky Hendrix fans will also have an opportunity to win the new Gap t-shirt and a copy of the new album by pinning one of the new exclusive t-shirts on Pinterest. 

People, Hell and Angels, released on March 5th by Experience Hendrix LLC and Legacy Recordings, a division of Sony Music Entertainment, is an essential new album premiering twelve previously unreleased studio recordings completed by guitarist Jimi Hendrix. The album showcases the legendary guitarist working outside of the original Jimi Hendrix Experience trio. These twelve recordings present some of the finest Jimi Hendrix guitar work ever issued and provide a compelling window into his growth as a songwriter, musician and producer.

About Gap
Gap is a global apparel and accessories brand focused on delivering casual, American style. The brand offers classic, iconic clothing that helps customers express their individuality through its Gap, GapKids, babyGap, GapMaternity and GapBody collections. With an optimistic point of view and belief that everyone can make their creative mark in the world, Gap embodies what it means to be bright. Founded in San Francisco in 1969 by Donald G. Fisher and Doris F. Fisher, the brand has grown from one store to over 1,500 company-operated and franchise retail locations around the world. Gap is the namesake brand for leading global specialty retailer, Gap Inc. (NYSE: GPS) which includes Gap, Banana Republic, Old Navy, Piperlime, Athleta, and Intermix. For more information, please visit www.gapinc.com.

About Legacy Recordings
The multiple Grammy-winning Legacy Recordings, Sony Music Entertainment's catalog division, produces and maintains the world's foremost catalog of historic reissues, an unparalleled compendium of thousands of digitally re-mastered archival titles representing virtually every musical genre including popular, rock, jazz, blues, R&B, folk, country, gospel, Broadway musicals, movie soundtracks, ethnic, world music, classical, comedy and more.

About Experience Hendrix LLC
Founded by James 'Al' Hendrix, Jimi's father, in 1995, Experience Hendrix, has been managed since its inception by the family members handpicked by Al during his tenure as Chairman.  It is the official family company charged with managing the music, name, image and likeness of Jimi Hendrix. As a part of their daily operations, Experience Hendrix and Authentic Hendrix oversee Jimi's timeless legacy on a worldwide basis.

The Wet Seal, Inc. to Broadcast Fourth Quarter Fiscal 2012 Results

The Wet Seal, Inc. (Nasdaq: WTSL), announced that the Company will host a conference call on Thursday, March 21, 2013 at 1:30 p.m. Pacific Time to discuss fourth quarter Fiscal 2012 results, followed by a question and answer session.

Von Maur Department Store Will Open in Oklahoma

Von Maur Department Stores announced today it has signed a contract to open a 150,000-square-foot store at Quail Springs Mall in Oklahoma City in Fall 2014. The store will be the Company's first location in Oklahoma.

Known for its outstanding selection of brand name and specialty apparel, shoes, accessories and gifts, the store will feature products from leading brands such as Eileen Fisher, Free People, Coach, Joe's Jeans and Tommy Bahama, among many others. Located at the mall's former Sears location, the two level Von Maur store will receive a complete renovation beginning in Summer 2013 in order to feature the Company's exterior brick facade and signature residential ambiance, complete with antiques, original artwork, open-floor plan and music from the store's grand piano. It is expected that the store will eventually employ 150-175 associates – the majority of which will be full-time.

Today's announcement continues the family-owned Company's targeted national growth strategy. In addition to the opening of its second Georgia location in Atlanta in November 2012, Von Maur also announced plans to grow into New York and Alabama in Fall 2013. Conveniently accessible from Interstate 35 and Interstate 44, Von Maur will be an anchor tenant at Quail Springs Mall, adding to the enticing mix of retailers already on display at Oklahoma City's rapidly developing retail and entertainment hub.

"Oklahoma City is a thriving metropolitan area with numerous offerings and opportunities for both businesses and residents alike," said Jim von Maur, president of Von Maur. "We're excited to be a part of the growth in one of the state's most vibrant areas and look forward to showcasing our service and selection to shoppers at Quail Springs Mall."

"Our retail strategy is to provide an unparalleled shopping experience for our customers and to exceed their expectations. Von Maur further solidifies Quail Springs Mall as a shopping destination in the state and gives our shoppers one more reason to make it their retail destination-of-choice," said Sandeep Mathrani, chief executive officer, General Growth Properties, Inc.

In addition to its selection of popular brands and merchandise, Von Maur is also widely-regarded for its superior customer service, including an interest-free charge card, liberal return policy, free gift wrapping and shipping services. The Company also offers its associates above-market wages, excellent benefits and a positive, professional work environment.

About Von Maur
Von Maur was founded nearly 140 years ago in downtown Davenport, Iowa. The Company currently operates 27 stores in 11 states. The Company also runs a successful online business at vonmaur.com, in addition to a new chain of women's specialty stores under the nameplate DRY GOODS.  For more information, please visit www.vonmaur.com.

About GGP
Quail Springs Mall is owned and managed by General Growth Properties, a fully integrated, self-managed and self-administered real estate investment trust focused exclusively on owning, managing, leasing, and redeveloping high-quality regional malls throughout the United States and Brazil. GGP's portfolio is comprised of 125 regional malls in the United States and 18 malls in Brazil comprising approximately 135 million square feet. GGP is headquartered in Chicago, Illinois, and publicly traded on the NYSE under the symbol GGP.

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