News

Friday, March 27, 2015 at 4:41pm
NEW YORK — Theory+, Theory’s activewear collection, plans to open its first two dedicated stores that will exclusively carry the line. A 1,956-square-foot location will open in the lower level of the Theory store at Garosu-gil, in the trendy Gangnam area of Seoul, on April 4. A... read more
Friday, March 27, 2015 at 3:08pm
Shares of Quiksilver Inc. fell more than 15 percent, below the $2 mark, after the company ended Andy Mooney’s tumultuous two-year-plus tenure as chief executive officer and promoted Pierre Agnes, the company’s president, to the post. Bob McKnight, who founded the company in... read more
Friday, March 27, 2015 at 2:55pm
A look back at the week’s stories, as told in pictures. Follow WWD on Twitter or become a fan on Facebook. Read More... read more
Friday, March 27, 2015 at 2:01pm
Stocks regained ground today amid remarks from the Federal Reserve that interest rates would not increase fast and furiously, but be done in a more “gradual” way. As a result, the Dow Jones Industrial Average added 0.2 percent to close at 17,712.66 while the S&P 500 gained... read more
Friday, March 27, 2015 at 1:45pm
Justice, the 1,000-unit tween division of Ascena Retail Group Inc., has named Brian Lynch president. Lynch, formerly president of Ann Taylor at Ann Inc., will be challenged to reverse the declining sales trends at Justice. Markdowns and a sales decline at Justice were at the... read more
Friday, March 27, 2015 at 12:20pm
Nike‘s Ultra Moire modification of their Air Max 1 silhouette gives them the platform to release even more iterations of the sneaker, and here’s another one. The latest version from the Swoosh offers additional breathability thanks to its perforated upper, while the sole is... read more
Friday, March 27, 2015 at 11:54am
Barcelona-based fashion company Desigual is in mourning this week after losing two employees when Germanwings flight 9525 crashed in the French Alps on Tuesday. Robert Oliver Calvo was one of three Americans killed in the crash. He was on the flight from Barcelona to Düsseldorf... read more
Friday, March 27, 2015 at 11:40am
HONG KONG — As producers and apparel brands continue to struggle with rising production costs in China, manufacturers have been emphasizing service and technology as well as quality over price competitiveness. Adding value was a major theme at the latest Prime Source Forum here... read more
Friday, March 27, 2015 at 11:40am
Boasting a line of cars that include such classics as the Cayenne, the Cayman and the 911, Porsche can lay claim to a long history of design excellence. Although it is almost always unbearably awkward when a company endows itself with honors, it feels legitimate for Porsche to... read more
Friday, March 27, 2015 at 11:18am
John Bryant, chairman, president and chief executive officer of Kellogg Co., has been elected to Macy’s Inc.’s board, increasing the number of directors to 13. Bryant has been president and ceo of Kellogg since 2011 and added the chairmanship last July. Terry Lundgren, chairman... read more

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