Robert Rodriguez’s Early Edition
Robert Rodriguez wants his ladies to be covered 24/7, so he’s introducing a line called Edition at the Fashion Coterie show in New York today to fit the need for day-into-evening pieces.
“These are sexy, everyday pieces to complete a woman’s wardrobe that will sit with my signature line,” he said. “The main thing about the line is that it is sexy and comfortable. It is still on-trend, but these are more seasonless pieces a woman can wear again and again, whereas my other line is more fashion-driven.”
The 50-piece line, featuring body-conscious separates, soft suiting, dressed-up knits and dresses, will wholesale from $195 to $395.
Macy’s Earnings Rise
Macy’s Inc. reported 2011 adjusted earnings per diluted share rose 36 percent to $2.92, from $1.98 in 2010, marking the chain’s third consecutive year of significantly improved financial performance. Net income for the year rose to $1.26 billion from $847 million the year before while sales reached $26.4 billion, from $25 billion the year before. Comparable store sales rose 5.2 percent.
For the fourth quarter ended Jan. 28, earnings per share were $1.74, compared to $1.55 the year before, while sales came to $8.7 billion compared to $8.3 billion in the year ago period. Macy’s said the results beat its expectations.
“We have more than doubled our earnings over the past three years, driven by innovative strategic initiatives that are being executed with discipline at both Macy’s and Bloomingdale’s,” said Macy’s Inc. chairman, chief executive and president Terry Lundgren.
Vivienne Westwood Thinks We Dress Horribly
The third day of London Fashion Week may have showcased some of the strongest home-grown players in the industry, but Dame Vivienne Westwood thinks we have much to learn. Showcasing the autumn 2012 collection of her Red Label line at London Fashion Week, the designer said the rise of disposable fashion had made people look too similar.
“In history people dressed much better than we do… If you saw Queen Elizabeth it would be amazing, she came from another planet. She was so attractive in what she was wearing,” she said. .”People have never looked so ugly… We are so conformist, nobody is thinking. I’m a fashion designer and people think ‘what do I know?’ but I’m talking about all this disposable crap. So I’m saying buy less, choose well, make it last.”
– Taneisha Jordan
Source: Independent UK; WWD