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Monday, July 28, 2008

Fashion Law & Related Business News of the Week

Trademark Infringement Law Suits,"Burberry Ltd. has accused Ever Mode Inc. and Amelie Zhou, a principal of the New York-based business, of trademark infringement and dilution. According to court documents filed July 18 in federal court in Manhattan, Ever Mode has sold counterfeit handbags, jackets and hats that display the Burberry Check and Burberry Knight or similar reproductions of both trademarks. Burberry is seeking an injunction against the further sale of the goods by Ever Mode, the destruction of all products found to be infringing, statutory damages of as much as $1 million for each counterfeit or infringed trademark and other damages. Zhou did not return a call for comment and calls to Ever Mode were not answered...." http://www.wwd.com/business-news/legal-briefs-1659610

BEAUTY, Mac Teams up with Manish Aurora, "LONDON — Indian designer Manish Arora has teamed up with MAC Cosmetics to create a limited edition color cosmetics collection.The line comprises a six-shade eye shadow compact, dubbed Eyes On Manish; two lipsticks; two hues of Lipglass, and two shades of Powder Blush. Prices will range from 10.50 pounds, or $20.90 at current exchange, for a Lipglass to 30 pounds, or $59.72, for the eye shadow palette.The collection, which features packaging decked out in riotous colors, will be available in the U.K., the United Arab Emirates, France, Austria, Greece, Cyprus, Hong Kong, Taiwan, Thailand and Singapore from October for about one to two months." http://www.wwd.com/beauty-industry-news/mac-teams-with-manish-arora-1659791

RETAIL, Hilfiger Opens Kids Shop in Vegas, "NEW YORK Since relaunching its retail business in September 2000 with the first Tommy Hilfiger women’s-only store on Bleecker Street here, the designer has introduced several other retail concepts. Now comes the first children’s wear store, a 3,000-square-foot unit at 6659 Las Vegas Boulevard in Las Vegas. In addition, bowing in September on Collins Avenue in Miami’s South Beach will be a men’s and women’s sportswear shop with a garden in the back leading to a surf store in a separate building. Hilfiger also will open a 3,163-square- foot sportswear unit in the Aventura Mall in South Florida and a 3,868-square-foot store at Plaza..." http://www.wwd.com/retail-news/hilfiger-opens-kids-shop-in-vegas-1659620

FINANCIAL MARKETS, Tough Forecast for August Market: "NEW YORK — Manufacturers are tightening their seat belts for a bumpy ride at next week’s spring market here.August is typically not among the biggest seasonal markets, taking a backseat to the February and November venues. But the nation’s credit crunch and dismal retail environment have transformed the upcoming market into a pivotal moment for retailers and vendors. Following the cautious mood of merchants in May and lackluster second-quarter results at stores, orders for spring are expected to be reevaluated, edited and, in some cases, dropped. Retailers want to keep inventories tight and narrow, with a focus on key items that will tempt consumers,..." http://www.wwd.com/markets-news/tough-forecast-for-august-market-1659797

Oil Prices Cause Slippery Slope for Vendors, "Legwear sales are trending up, but the market is feeling the economic pinch from rising energy and materials costs, particularly because of the dominance of synthetic fabrics in the product.Manufacturers are focusing on innovative ways to absorb the higher expenses without passing them on to customers. In some cases, companies are looking to bring production that moved overseas back to the U.S. to trim costs.Ed Miccinati, design director for StockinGirl, a hosiery firm based in Stamford, Conn., said the price of nylon has soared in the last year.“Nylon yarn is made from petroleum and the price of nylon yarn used for making sheer and opaque tights has..." http://www.wwd.com/markets-news/oil-prices-cause-slippery-slope-for-vendors-1659819

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