Women’s Wear Daily: Women’s Fashion Business News and Trends
address: http://wwd.com
“WWD is dedicated to providing a balance of timely, credible business news and key women’s fashion trends to a dedicated readership. This readership includes retailers, designers, manufacturers, marketers, financiers, Wall Street analysts, international moguls, media executives, ad agencies, socialites and trend makers.
As the marketplace has become more complex, the need for information and competitive intelligence has become more acute. The common thread of our community is the business of style and fashion. What makes WWD the authority? Frequency, integrity, independence, spirited coverage and a long tradition that demands staffers get the story and get it first.
Often called “the fashion bible,” Womens’ Wear Daily serves as the voice of authority, international newswire and agent of change for the fashion, beauty and retail industries. In 1999, all the properties carrying the Women’s Wear Daily name were reorganized under a single umbrella, creating WWD MediaWorldWide. ”
** Source: Women’s Wear Daily, WWD.com, about page. **
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Reuters: Retailers put off spring buying
LAS VEGAS (Reuters) - Cautious apparel buyers are foregoing orders to be delivered months down the road and instead are buying for the moment, unwilling to take on excess inventory and unsure over what the future holds.
At the Magic Marketplace apparel trade show in Las Vegas, the largest such convention in the United States, apparel vendors and the retailers that sell their styles agreed that placing orders in August for spring is the exception, rather than the rule, in a sharp change from recent years.
The reason is insecurity over inventory levels in a difficult U.S. retail environment, where shoppers have curtailed spending on items such as apparel and footwear amid other more pressing concerns, such as higher gasoline and food prices.
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