Fashion Notebook

Lessons in Branding: How Steve & Barry's Does a Lot With a Little

OK, so if you haven't read our news story (you know, that OTHER
job we have), about Steve & Barry's launching a new collection of
branded "Sex and the City" t-shirts and tank tops ahead of the year's least-anticipated and most-loathed premier (to us), check it out here. If you're link-a-phobic, here's the brief:

"Further cashing in on the stars of HBO's hit show Sex and the City, Steve and Barry's has launched a collection of branded T-shirts and tank tops designed by leading actress Sarah Jessica Parker.

The collection, with all items priced under $9, hit cheap n' chic retail stores last week, ahead of the May 30 premiere of Sex and the City: The Movie at theaters nationwide. The T-shirts and tank tops come with printed phrases including "I'm with Mr. Big" and "I (Heart) Sex and the City," as well as images of the characters from the TV series."

"Millions of women have flocked to our stores since the launch of Sarah Jessica Parker's Bitten brand last year, and Sex and the City: The Movie merchandise is a perfect complement to that collection," said Howard Schacter, chief partnership officer at Steve & Barry's, New York.

OK, so why does this matter, and why, as we contend in the headline to this post, do we see it as a brilliant example of doing "a lot with a little." Well, pretty much, it's because Steve & Barry's is likely to get a groundswell from this, selling not only these t-shirts, but also more items from the "Bitten" collection that the retailer trotted out from Sarah Jessica Parker (she of the Skeletor visage, pictured left, in that show that proffers female empowerment but really ends up, sing it with us Obama, "more of the same," in our humble opinion, and that of others) last year. And better yet, they'll do it—again—with barely a cent spent on advertising.

This isn't a groundbreaking marketing idea—big film coming up, you've already got a product tie-in to one of the characters, so plug her again and ride the film's publicity and boon in related Internet searches to see the sales needle get a lift—so why aren't more people doing it?

Well, the answer to that might be that they're just too damn rich. And that's not a slight.

Think about it. When we're flush, it's all dinners at BLT Prime and brunch at Essex, but when we're broke, it's poulet roti chez nous with rosemary and other fresh herbs, that serves two and, we dare say, tastes just as good as the same dish at either of those tony joints. Leftovers are broken down into chicken salad, the bones boiled into a chicken soup. And presto! We've got lunch for days. And for about half the cost of a porterhouse at BLT. Sure, we definitely got way more out of cooking the chicken at home and getting creative with stretching the meals, but that's because we had to. And once our coffers are full again, you'd better believe we'll redefine dinner—like retailers and apparel companies define a "launch"—as a strictly Tourondel affair. N'est ce-pas?

So what if the big agencies and brands just starved their budgets on a few projects and saw where it went? Listen, we're not saying that Nike should book Sharapova for a tennis commercial and then forego a TV spot, but maybe test out an anemic cash flow on a smaller project and see what the creatives come up with. You never know where the results might lead. Maybe even straight to sales.

Stay tuned to see how well the "Sex and the City" tops do. You know we are.

Lesssons In Branding: Is Vera Wang the Next Martha Stewart?

Vera Wang, a high-end designer who has made a name for herself over the past two decades creating wedding gowns (with price tags to match, and photo'ed, right), is now opening her own wedding registry—a first in the designer market. Which kind of surprises us, and then, eh, not so much, and then we're all like: "Hey why did no one think of this before?!"

(Full disclosure: It was a late night, and stayed up party with the Cuervo people waaay past our already respectably late bedtime, so if we seem a little dazed today, it's not you, or Vera for that matter. It's us, sweetcakes.)

Anyhow... back to the relevance. VeraWangonWeddings.com will allow not only custom registries for engaged couples, but also a breakdown of runway trends, e-commerce, couples quizzes and wedding planning ideas from Wang herself.

But the bridal registry and e-commerce site is only the tip of the branding iceberg for Wang. In a series of moves similar to those of the one-woman empire orchestrated by love-her-or-hate-her-you-betta- respect-her Martha Stewart, the designer has recently expanded into diverse categories such as bedding, home goods and stationary. Additionally, Wang launched a collection for Kohl's stores late last year.

"Our authoritative position in bridal and bridal registry has allowed us to leverage this [consumer] trust into a lifestyle brand," said Wang. "The next logical step is to capitalize on our relationship with the client over the course of their lives. Our objective is to continue to grow our lifestyle product offering and keep pace with the evolving needs of the consumer."

Wang added that, moving forward, her company is exploring expansion into furniture, decorative fabrics, rugs, lighting and even a Wang-branded line of paint. Now we just won't know who's jungle green to trust when we repaint the bathroom: Vera's or Ralph's?

But what's to stop Wang from becoming like others who burst into multi-category expansions like Bill Blass or Halston, and getting less than sterling results? (Take "less than sterling" to mean abominable here, dears.) Well, apparently, it's because, as Dylan used to croon in that nails-on-a-chalkboard voice: The times they are a-changin'. And so are consumers and designers, y'all!

"We're at a different time for both consumers and designers; and I think Vera is really capitalizing on the ability to do both high and low in the design realm," said Wendy Liebman, CEO of WSL Retail, New York. "The level of sophistication and level of exposure of shoppers has changed and that acceptance, through what's gone on with H&M's designer collaborations, has really opened a door."

For Liebman, Wang's strategy makes sense and she doesn't seem to be stretching the bounds of her brand potential. "The expansion into bridal registry is a logical one, and the home goods are the same . . . Certainly her work with Kohl's appears to be working," said Liebman. "When you look at what Bill Blass or Halston did, versus what Martha or Vera are doing now, you've got a convergence of a smarter shopper and a smarter designer."

Yes, yes, all well and good. And we think V might actually pull it off.

But if her marketing folks are reading this, please, please let us make one wish for how she rolls out home goods, particularly kitchen appliances. Forget the Today Show and get Ms. Wang's face on Food Network's "Paula's Party." We're salivating at the proposition of having Paul Deen (photo, left) do a wedding cake episode with Wang brought on as creative consultant, and having Deen shout out: "We're making weddings today, y'all, and I've brought along my good friend, hot cutter, I'm sorry, I'm sorry, howit creature... Oh whatever y'all, it's fashion designer Vera Wang!" The episode practically writes itself.

This is a sure-fire way to sell Wang, and her image, unequivocally to the lucrative Middle America and mass markets.

Breaking News: Commes Des Garcons' Rei Kawakubo To Design Next Guest Collection for H&M

Now this is one that actually has us a little hot under the collar.   

Lagerfeld, sure. Viktor & Rolf, cute. Cavalli, sexy. Stella McCartney, feh. Rei Kawakubo, what?!

That's right, empress of whimsical Japanese luxe label Comme des Garcons, Rei Kawakubo, has announced that she will be the featured artiste on H&M's next designer collaboration. The collection launches first in early November, to coincide with the opening of H&M's second Tokyo store. In the following days, it will roll out to doors in the rest of H&M's global markets.

The collection will include apparel for men, women and children, as well as accessories and a unisex fragrance. This certainly is a much more expanded program than the fast fashion retailer has done in the past, and it would seem that the growth of product offering owes everything to the freshness that Kawakubo can bring to the brand.

Much like the Japanese designers Issey Miyake and Yohji Yamamoto, with whom she formed the Japanese triumvirate that defined much of the new wave fashion of 1980s American culture, Kawakubo's designs are structurally intense, and often include popular cultural references in a rather Pop Art motif (such as a series of men's suits she rolled out a in spring 2006 back that featured the iconic Rolling Stone's lips n' tongue logo splayed across the fabric). She was also the mentor for another fashion avant-gartist whose star appears to be ascending these days, Junya Wantanabe. For a look at some of her work, check the photo above.

That said, we're so interested to see what she turns out when she's not using high-tech fabrics or restrained by price points that might tie in some of her more flights of fantasy designs. As we see it, this could be a love it or hate it collection, and we just hope that the quality matches up to the buzz that will no doubt follow this collection's launch. We remember hearing that there were some issues with the clothes that Cavalli put out on the racks, not to mention those of the McCartney collection (said one of our friends, at the time: "I walked out with a cute dress that turned into a pile of buttons and thread after two weeks.").

Anyways, as always, here's the mutual lovefest that always follows these kinds of announcements.

"I have always been interested in the balance between creation and business," said Kawakubo, in a statement. "It is a dilemma, although creation for me has always been the first priority. It is a fascinating challenge to work with H&M since it is a chance to take the dilemma to its extreme and try to solve it."

See what we mean? Seems like old Kawakubo might be prepping us for the design vs. quality vs. price issue we outlined above. Less avant garde, but better quality, or more envelope pushing and delicate? Again, will be so interesting to see her "solution" as she calls it.

And now from H&M's creative advisor Margareta van den Bosch (great name, non?!):

"Rei Kawakubo has been at the top of our wish list for a long time and we are thrilled that she has chosen to collaborate with us," said van den Bosch, in a statement. "We have tremendous respect for Kawakubo's fashion philosophy of questioning fashion's ingrained patterns, and admire her artistic approach to design. We are particularly excited that the collection will be launched in Japan, Kawakubo's native country, at the same time as the launch of our new store there."

Ok, so we'll have to stay tuned, but we think this could be good news. It will drive some buzz—as these collections have done in past incarnations—for both the designer and the retailer, exposing the younger, less monied set to Kawakubo's work and perhaps building brand affinity there, while probably giving H&M a much fresher and more high-concept street reputation for the risk they're taking in bringing her in.

We'll be checking back in November to see what the product looks like!

Financial Desk: Target Treads Water With Q4 Sales, Earnings Fall 8%

Another retailer, another disappointing earnings release. Seriously
folks,  we might just have to turn off our stock ticker for the rest of the day.

Target reports flat sales for the quarter ended Feb. 2, at $19.34 billion, though year-end sales grew 6.2% to $61.5 billion. What?! No sales losses!? This is great news!!

Well, it would be if Target hadn't also posted earnings of $1.03 billion, pr $1.23 per share, down 8.2% from last year. For the full year, the brand only moved the needle 2.2%, growing income to $2.85 billion, or $3.33 a share.

Below, the most obvious conclusions from Target's top dog.

"Our  financial performance in 2007 fell short of our expectations as the pace of sales and earnings slowed considerably in the second half of the year," said Bob Ulrich, chairman and CEO, in a statement. "As we enter 2008, we remain keenly focused on the disciplined execution of our core strategy, positioning Target to deliver improved financial results, even in the face of continue challenges in the current economic environment."

Unfortunately, Bob doesn't elaborate (and we're still waiting for the conference call where, you know, he actually might give us more color on this bland statement) so we don't know what kinds of tricks he's got up his corporate sleeves.

The report also makes no mention of the loss of designer Isaac Mizrahi to Liz Claiborne. Of course, Les Mizrahi's goods will still be sold through the retailer until the end of 2008, but nonetheless, his defection to Liz Claiborne was a major hit.

The designer's namesake collection for the brand brought in a reported $300 million in annual sales, in addition to have a sales-halo effect on the other brands in the store. Given his name and popularity, we get the feeling that it's going to be rather hard to replace him, and certainly the one-offs for the Go International collections which have featured up-and-coming designers probably won't make up the sales loss. Moreover, the collection might not pull in as much this year, given that Target isn't likely to promote it since they won't have the goods after the holidays.

For more on the Mizrahi switcheroo, check out our previous post, here.

The Big Bang: J.C. Penney's Biggest Launch Ever for "American Living," (And Why It's Smarter Than You Skeptics Might Think!)

J.C. Penney is really going whole hog with the
marketing push behind its new "American Living" collection!

While we hear a lot of "biggest push ever" b.s. from marketers, this one's the real deal:

-First TV spot hits Univision, in Spanish, for the "Premio Lo Nuestro a la Musica Latina" Awards, on Feb. 21
-Mass-market TV spot to make full debut during the Oscars, on Feb. 24
-Month-long run on prime-time TV slots
-A 60-second in-cinema spot at an estimated 14,000 theaters for all PG and PG-13 features
-Print campaign in the usual barrage of consumer pubs (see example, right).
-Direct mail with 12 different specialty catalogs
-In-store promotions, including fixtures and themed uniforms for employees
-AmericanLiving.com dedicated Web site.
-Creative shot by Bruce Weber (sufficeth to say, ain't cheap people!)

The brand and the campaign, both by Polo Ralph Lauren's Global Brand Concepts group, will be the biggest in the company's history, according to CMO Mike Boylson. The imaging is meant as an emotional play that connects consumers with images of Americana and family.

While some may doubt the strategy of going big during a time when consumers feel like they're going bust—and Boylson said he's heard more than a few naysayers—the strategy actually works in their favor, according to Patricia Pao, of The Pao Principle, New York, who told me that J.C. Penney could potentially triple their media spend value given that they will be one of the few people making a real push.

And even though she felt the price points for the collection—a broad swath covering $24-$500 goods—might be a bit too aspirational for the times, WSL Strategic Retail's Candace Cortlett told me that the big campaign is still a good investment in the brand.

"[This effort] will live beyond the hard times," she said. "The worst thing to do is to put all of the energy into developing a brand like this and then just letting it sit on the shelf. That was Sears’ mistake when they got the Land’s End franchise."

Check out the full story here.

Financial Desk: Pre-Announcement of Dismal Q4 and Fiscal 2007 for Liz Claiborne

Ruht-roh...

That's the feeling we get from the latest announcement from the financial office over at Liz Claiborne.

A pre-announcement of Q4 and full-year 2007 earnings forecasts greater-than-expected profit losses prior to the official report due out Feb. 27.

Bear with us as we go through the details. It gets foggier than Pynchon prose at times as you roll down the balance sheet expectations.

For the fourth quarter, the company said it now expects losses of $0.90 to $1.00 per share, with earnings per share of $0.15 to $0.25, compared to earnings  of $0.71 per share in the year-earlier period. Net sales for the fourth quarter are projected at $1.21 billion, down 3% from the prior year.

For the full year, expects losses of $0.25 to $0.35 per share, on the assumption of posting earnings of $1.25 to $1.35 for 2007, a serious dip from earnings of $2.46 a share in 2006. Net sales for 2007 are estimated at about $4.6 billion, down 1.4% from 2006.

It's important to call out that the projects don't include any impact from the sale of the Ellen Tracy brand today, which went to Radius Partners LLC, Westport, Conn., for $27.3 million (plus up to $15 million more, depending on how the brand performs over the next four years). That adds some dollars to the coffers that could help offset some of the expected weakness.

But it's equally important to remember that the  projections don't include the impact of costs associated with the company's efforts to "streamline operations," the shuttering of some of its cosmetics brands, as well as what appear to be the weakened status of those 16 brands the company had under review.

But well, let's let CEO William McComb sort it out. Here's what he had to say.

"While 2007 marked a very difficult period, we see the fundamental in this company heading in the right direction," McComb said in a statement. "This conservative view we are taking in our 2008 guidance-specifically around our Partnered Brands performance—is only prudent given the challenging retail environment."

He also added that "markdown pressure" hit those Partnered Brands—which include Liz Claiborne and Dana Buchman—hard during the quarter, but that they're going on the offensive with recent design deals for Claiborne that include Isaac Mizrahi tackling the women's end and John Bartlett handling men's, as well as licensing Dana Buchman out to Kohl's. For more on that, see here.

On a positive note, it looks like Juicy Couture is doing well, with Q4 comp store sales expected to be up 25%, while the brand jump 23% in sales for the full year. The Lucky brand remains flat against year (hey, it's better than being in the red, people!), though Mexx was down 3% for the quarter and 2% for the year.

Lessons in Branding: A Night Out with Ben Sherman

Having attended many fashion parties that were no more
than an excuse to down a bunch of free drinks before going
out for your real night on the town, we must admit that most of them are throw-aways, except in the rare instance that they shed some light on some real branding work.

While such is by far the rarest of breed in the Fashion Week party line up, Ben Sherman's party Friday night at the brand's Soho flagship proved to be a rumination on the execution of a rebranding, if not a somewhat nostalgic trip down memory lane for us (pictures left, via LastNightsParty.com).

If you haven't checked in with Ben Sherman in a while you should, because it's likely very different than you remember. The U.S. vp-marketing, Dana Dynamite has been working to give the brand some serious hipster cred, starting out  first with a MySpace site several years ago (one of the first to jump on that now über-popular chuck wagon) and extending relationships with a series of downtown New York nightlife's more  prominent partiers (and all too often, party promoters by default... hey, even hipsters gotta eat!).

Most recently, the brand inked a partnership with Merlin Bronques, a downtown scene photographer á la, but predating MisShapes (R.I.P.) and The Cobra Snake (we're fairly sure about this, facts about these guys are usually anecdotal at best) as well as newcomers like Nicky Digital (if you don't know these names, you're either over 35 years old or need to seriously re-read your Hipster Handbook). Bronques produced a series of stills—in k eeping with his hipster verité styles—of downtown's denizens that were used for a Christmas OOH campaign here in New York.  Alongside Bronques came a slew of other night-lifers, such as the DJ/comic (huh?) Mike Nouveau (who's really a web marketing and ad sales guy for Paper, and prior to that held similar duties over at Rolling Stone, pictured, left, with friends) and DJ Jess (the skinny, seemingly sexually ambidextrous DJ who used to, and perhaps still does, spin at Rififfi, where you can expect to hear "Kids in America" and "Common People" about 1.75 times each hour).

So, at the party, it all became clear how these kids—we have to laugh here a little bit, since we've seen them evolve over the past four years from awkward kids our friends used to hook up with to something of legitimate (?) nightlife figures, and speaking of Merlin, why did you lose the wig!!??—have been perfectly deployed to revamp this aged British apparel brand both on and offline (they all promote each other via MySpace pages).

The party was thronged with young kids (check out all the images, here.), which isn't such a surprising thing at fashion events, particularly during Fashion Week. But it was thronged with the kinds of people that we recognize, obviously a direct appeal to young twentysomethings who make the rounds at various clubs decked out in DIY and bargain fashions. The walls were splattered with images from the current campaign, and the room packed with a bunch of young, mod-ish looking pretties that posed for Bronques' pictures. (Though due diligence requires us to report that there were some aging club queens out as well, but that's par for the course around downtown NYC. It wouldn't feel like home without them.)

And while our friend did note that the new outdoor campaign looked like "American Apparel Lite" (which, to be fair, is, itself pretty much "1970s-Era Gym Porn Lite"), Ben Sherman was effectively communicating its new message. After being off of our radar for years, Ben Sherman suddenly felt hip. And the product wasn't—particularly the party dresses—bad either.

And it's not just our musings either. Agyness Deyn, that pixie-faced model you've been seeing in nearly everyone's campaigns this year, popped into the party, wearing some super high shouldered blue jacket and with a mini-entourage of bottle blonds in tow.  That  surely says something, whether she was comp'ed  for the night or not. Though I'm starting to worry about Agyness as a brand spokesperson—seems she's been a bit of the village bicycle lately and while we love her look, we have to wonder how much Agyness we'll have to see before we get fatigue and move on.

And speaking of moving on, while we love the 1980s, I think it's time we stopped LITERALLY reinterpreting the decadent decade. Seriously, there's a way to pull off hip without being a literal reproduction of a Salt N' Peppa album cover. Cheap, clunky gold chain and patent purses were always passé people!

AmEx Takes NY Fashion Week Live on the American Express Fashion Network

American Express wants to be the card women
don’t leave the runway without.

The brand today kicks off an ambitious multi-faceted program for New York Fashion Week, with myriad bells and whistles. As part of its “American Express Fashion Network,” the brand will provided streaming, live runway videos via its AmericanExpress.com/style micro site. (A preview of the site can be viewed, right. Click to enlarge.)

Also posted will be exclusive content such as designer and celebrity interviews from the Bryant Park Tents, and trend digests from hosts and correspondents Robert Verdi (the stylist you might best remember from that elegant snarkfest "Fashion Police") and Roshumba Williams (the fashion model discovered by Yves Saint Laurent, who made her on-camera name as a correspondent for Entertainment Tonight in 2002). The site will stay up, providing archived content and new shows, throughout the duration of  New York Fashion Week.

The site will be promoted through online advertising, as well as a partnership with Youtube, whereby the Google-owned video sharing site will create its own dedicated fashion channel to feature highlights from the American Express Fashion Network.

The online initiative expands on last season’s American Express’ Skybox program for the September 2007 Fashion Week, in which elite card members (that's Gold Card and above, honey!) were given access to a special viewing area, complete with catered food and drink, overlooking the two main runways.

In addition to continuing that program, the company has also added a card member-only collection presentation from designer Peter Som, as well as a series of private parties, and a $500,000 donation to the CFDA/Vogue Fashion Fund that supports young, up and coming design talent.

“Fashion is important to us because it represents a distilled sense of identity, and really empowers women, so it resonates well with our card member base,” said Jessica Igoe, director of sponsorship marketing for American Express, New York.

Igoe added that correspondent, and model, Roshumba Williams was also selected for her ability to appeal to the female demographic.

“She represents someone who is confident and has strong experience in the industry and is recognizable for our target audience, particularly working women,” Igoe said. “The program has a key focus on our female consumers, especially working women. We’re trying to help [that woman] find either live experiences like Fashion Week runway shows, or retail experiences that instill confidence.”

And obviously, if that confidence  gives the courage to break out that AmEx and buy a few pairs of brand new Louboutins, hey, all the better!

Check it all out here.

Financial Desk: H&M Powers Through Another Impressive Quarter

H&M continues its charge through the fashion world
with another strong earnings season.

Per the company's quarterly, and annual, earnings report released this morning, fourth quarter sales grew 17% to $3.57 billion in domestic currency (at current exchange rates), and profits jumped 14% to roughly $975 million.

Though the company did seem to feel a similar slump in the month of December, where sales decreased by 10% over the previous year, sales through Jan. 29 (one has to marvel at the efficiency that can include sales figures from as recently as two days ago in such a report!), sales have increased 16%. Results for the U.S. market, specifically, were not provided.

Full-year results for fiscal 2006/2007 were similarly positive, with sales climbing 15% to $12.3 billion, and profits resting solidly at the $3.0 billion mark, an increase of 21%.

The company plans to control roughly 190 stores for the next fiscal year, focusing its efforts in 2008 on building up markets in Egypt, Saudi Arabia, Bahrain, and Oman. Stores are expected to open in the Russian market in 2009.

The retailer is currently gearing up for the release of its "Fashion Against AIDS" collection, which bows tomorrow. The group of t-shirts, tank tops and hooded sweaters were designed in conjunction with Designers Against AIDS (DAA) and music industry celebrities including Rihanna, Timbaland, Rufus Wainwright (pictured in the spot above), Scissor Sisters, and Ziggy Marley, and Good Charlotte, among others. Twenty-five percent of sales from the line, priced at roughly $16-$40 (at current exchange) will go to various HIV/AIDS prevention projects at non-profits worldwide.

In 2006, H&M spent $17 million on measured media advertising in the U.S. market, and through November 2007, has spent $18 million, per Nielsen Monitor-Plus.

Liz Claiborne Steals Isaac Mizrahi from Target!

Talk about a shake-up.

It appears that after a successful, five year marriage to Target, designer Isaac Mizrahi is setting sail for Liz Claiborne.

As the newly-tapped creative director for the Claiborne brand, Mizrahi, one of fashion's more ebullient and popular personalities, will oversee design and marketing for the brand's women's apparel, accessories and licensing businesses. His first collection under the Liz Claiborne label is slated to debut in spring 2009.

"[We] believe that [Mizrahi's] innovative design sense and widespread appeal will breathe new life into the Liz Claiborne brand," said Liz CEO William McComb, in a statement. "It is certainly no secret that the brand has been lacking a clear and cohesive vision and has languished as a result. With this appointment, we are taking a major step towards our goal of creating irresistible product that will provide today's discerning woman with a compelling reason to buy."

While no financials of the deal were disclosed, Mizrahi's own statement seems to betray, if not a fairly lucrative deal, then at least boosted branding opportunities for the designer who pioneered the high/low design ethos when he signed on to produce a women's collection for Target in 2003, paving the way for many others who followed in succession, including Karl Lagerfeld (in 2004, with a capsule collection for H&M), and most recently, Vera Wang (in 2007, with her Very Vera collection for Kohl's). For more on those partnerships, and their impact in the industry, please see my previous article, "Split Personality," here.

"I'm honored to have the opportunity to build on this fantastic legacy and excited to reestablish the label as a must have," Mizrahi said, in a statement. "And as excited as I am about developing Liz Claiborne, the collaboration also affords fantastic opportunities for growth in my own brand."

Aside from the forthcoming collection for Liz Claiborne, Mizrahi will also bow his new web-based series, "Watch Isaac," in February at WatchIsaac.com. His collections for Target will continue to be sold through the mass-retailer throughout 2008.

However, we have to say that the move seems a risky one, given several factors. First, Isaac had a pretty successful collection at Target, reportedly garnering annual sales of $300 million. Why shirk that to head over to Liz Claiborne, which posted 65% dip in third quarter net income on a 4% sales drop? And yet, it's not like things are all milk and honey over at Target, which posted a sales gain of only 0.1% (at $9.26 billion) for the month of December. Then again, it's important to remember that Mizrahi is no stranger to ups and downs himself, and that the deal he inked with Target back in 2003 can be credited, at least in large part, to revamping what was then an ailing name brand.

What the move means for Liz, and its impact on Target's business, remain to be seen.

"It can't hurt Liz Claiborne...but the issues there are more than one individual can conquer. Bringing the brand back to its heyday will require a lot more than just a new design concept or featuring a household name on the brand's marquee; it will have to be a major shift in management, merchandising, marketing and advertising and ," said Marshal Cohen, chief industry analyst at NPD Group, Port Washington, N.Y. "As for Target, they've shown that they understand the consumers' desire and the need to constantly revolve  their brands. Will they miss Isaac? Probably. But they'll find something to replace [him]."

Cohen also suggested that Mizrahi might have some growing pains to contend with in his new post.

"He was an island unto himself at Target; all of those other brands paled in comparison to his work, and he was treated as the prized jewel in that environment, " Cohen said. "In the mall environment [where Claiborne is], he'll be up against hundreds of other brands, where he's no longer the shining star by default."

 

The news of Mizrahi's switch comes following the appointment, earlier this week, of John Bartlett as Claiborne's new men's sportswear designer.

On a lighter note, if you're unfamiliar with Mizrahi or if you feel you need a refresher course on why this guy seems to be such a hot commodity for these mass merchants, check out "Unzipped," the 1995 documentary that took Isaac as its subject, with all his quirky humor and non sequitur dialog to go along the way.

One of our favorite lines: "All I want to do is fur pants, but I know, like if I do them, I will be stoned off of Seventh Avenue, like some wanton heretic or something. So there won't be any fur pants coming down my runway. It's about women not wanting to look like cows or something."

Penelope Cruz-a-palooza: Mango's First U.S. Campaign Drops in February

Look for a new string of print, outdoor and online ads for
Mango in February 2008.

The Spanish fast fashion retailer will launch its first-ever US campaign this coming February. The creative will feature actress Penélope Cruz, who will continue to be the face of Mango for the spring and summer 2008 seasons. Check out the shots at right (click to enlarge). (In other Cruz news, the actress is currently working "Los Abrazos Rotos," or "Broken Hugs" in English, a new film with her director pal, Pedro Almodóvar, that is due out in 2008.)

The campaign, per Optimedia, New York, follows the launch of the brand's U.S. flagship store in Soho in late November, which brings their stateside store total to 11. The brand plans to open an additional 5-7 doors next year.

"We want to take as much advantage as possible of having Penélope as our brand image for this spring campaign as she represents the Mango style at its top level," Judith Rius, Mango's advertising director, told me recently, adding that the campaign was shot by photo duo Mert Alas and Marcus Piggott. Spend on the campaign was not available.

Cruz has gone deep with the brand recently, launching her own collection (designed by the actress in tandem with her sister, Mónica) at Mango in September.

The opening of the flagship store, as well as the plans to roll out a much more aggressive advertising campaign in the U.S. market, reflect the brand's growing investment overseas.

"From now on we are going to invest more in the U.S., and that starts with our new flagship in New York," Rius said. "We are really at the beginning in this country. We have over 200 stores in Spain, and only 11 in the United states so we have a lot more room to grow."

No Advertising Push for Wrangler's Dale Earnhardt Collection

Per confirmation this morning, Wrangler will not execute an advertising campaign for its new Dale Earnhardt Collection, a smattering of t-shirts, jeans and hats commemorating the iconic NASCAR driver.

Looks like you'll have to stop into WallyWorld (AKA Wal-Mart) if you want to see any kind of push. It's all in-store signage from here.

Then again, doesn't the triumverate of Wal-Mart, "The Intimidator," and Wrangler practically sell itself at the store level? Perhaps no advertising needed.

But hey, at least we got to dust off that vintage 1982 campaign, right? If you didn't see it, check back here.

Adiesel "Successful Wastes of Time" Contest Results!

So the submissions have been sifted through, and here are our favorite responses to the question: “What’s the most successful way to waste your time?”

We’ll have to see if any of these make it into Adiesel’s “83 Ways to Successfully Waste Your Time” campaign due out next February in support of their new collaboration collection with Diesel.

Until then, here are your top 5 “successful” wastes of time:

1. Train a pigeon to deliver all of your inter-office mail (see carrier pigeon, right, sadly extinct). Hey, anything’s faster than the mailroom.

2. Googling ex-boyfriends/girlfriends/partners in order to silently triumph in your decision to drop them, or to breathe a sigh of relief at the bullet you dodged when they dropped you.

3. Surfing Fresh Direct for wines and new recipes. Because, you know, we still have another food-filled holiday to look forward to.

4. Facebook (for game-play, stalking and “social networking,” whatever that is).

5. Lifetime movie marathons. Because it’s good to know when Delta Burke’s biological clock is ticking, AND when it’s exploded. For more on that, check out the greatest film of the Lifetime genre. Ever.

Honorable Mention: “Listening to an aging baby boomer trapped in the 1960s.”

Adiesel: Upcoming Campaign Update

This just in! 

The campaign supporting the launch of the Adidas Originals Denim by Diesel collection will be titled "83 Original Ways to Successfully Waste Your Time."

Since the campaign is launching in tandem with the product—which hits Adidas Originals stores worldwide Feb. 1—there aren't anymore details coming from Adi HQ  in Herzogenaurach, Germany, and we won't be able to check out any of the creative until next year, I'm more than intrigued to know how this one will go off.

Seems like the perfect fodder for a write-in contest, especially since I know you guys are "successfully" wasting your time this rainy (at least in NYC) Cyber Monday doing your holiday shopping!

Either leave me a comment, or drop me a line here with your suggestions for the best "ways to successfully waste your time." The top 5 will be posted later today, so get yours in ASAP!

(FYI: Submissions won't won't be attributed to the sender. That way, no one has to know how you, in particular, "successfully" waste your time.)

Adiesel: Where Adidas meets Diesel

The latest in the now near-ubiquitous world of fashion-athletic design collaborations, Adidas announced today  that it's inked a four-year deal with Italian denim lifestyle company Diesel to create "Adidas Originals  Denim by Diesel."

That's quite a mouthful (why not just "Adiesel"?) for four pairs of jeans, two styles each for guys and gals, examples of which appear at left. You'll start seeing them at Adidas Originals stores worldwide Feb. 1, and if you're so inclined you'll throw down 160 to 210 euros, or about $240 to $320 in our currency. Not cheap, but not out of the realm of outrageously priced denim currently out there on retail shelves at Atrium, A Bathing Ape, A.P.C., or any of the more upscale department stores.

While the product looks pretty much de rigeur for premium denim, more importantly, the deal gives Adidas one more link in its lifestyle chain (which has included the Y-3 line, designed by Yohji Yamamoto, since 2002), according to a statement by Hermann Deininger, CMO of Adi's sport style division.

"Now when a consumer walks into one of our stores, we can offer them a complete look, from a track top to jeans to a pair of sneakers," he said.

The line will be designed by both the Adidas Originals teams and Diesel's own creative department, and stitched with both Diesel and Adidas logo details.

Not many details on the marketing front yet, though head corp PR honcho Anne Putz told me that there will be a "below the line campaign"  that will include an online initiative, in addition to pr efforts and in-store promotions.