Tisci’s interest in leisurewear has always been fundamental to his design. He was a relative unknown when he became creative director of Givenchy in 2005, at a time when the house was creatively and financially stagnant. “At the beginning, everyone was shocked that I brought so much sportswear to couture,” he says of the sweatshirting, sneakers and T shirts that have become his house codes.
“I did it for baseball,” he said. “Baseball players have such a bad rap of, like, we don’t work out or we’re not strong or this or that. Guys work so hard in baseball, it’s incredible. As it returns in 3D, Eli Glasner examines the experience minute by minute and discovers Cline Dion’s ubiquitous soundtrack, and James Cameron’s risible dialogue, have not improved with age. Continue reading this postSparkle trailer gives last glimpse of Whitney HoustonA trailer for the movie musical Sparkle was released Monday, giving us a glimpse of Whitney Houston’s last project. The late singer plays the mother of Jordin Sparks, an aspiring singer in the 1960s who rises with a girl group similar to the Supremes.
The largest global player in the athletic shoe and clothing market warned on Thursday of potential ahead but said demand had held up well, keeping inventories low and allowing it to avoid discounts during the first quarter.Future orders excluding currency exchange rates a key measure of sales growth rose 13 percent, better than analysts expected and indicating a busy shopping season.And the company tweaked its 2011 financial outlook, saying it now expects revenue again excluding the impact of currency exchange to grow at the high end of its previous forecast for high single digit percentage growth.in a global market that still has some potential for turbulence, we seeing evidence that our growth is accelerating, Chief Executive Mark Parker said on a conference call with analysts.While rising raw material, energy, labor and transportation costs and foreign exchange rates could still hurt profit margins in the second half of 2011, Nike executives said they see a slow and steady recovery.Chief Financial Officer Don Blair said the company gross margins were helped by lower than expected input costs and strong demand that outweighed foreign exchange headwinds and higher sourcing and air freight costs.a lot to like about our first quarter results, he said, adding Nike is working to boost capacity at its factories to meet demand.JUST DID IT Net income in its fiscal first quarter rose 9 percent to $559 million, or $1.14 a share, compared with $513 million, or $1.04 a share, in the year earlier period.Analysts had expected $1.01 a share, according to Thomson Reuters I/B/E/S.Sales in the quarter ended August 31 rose 8 percent to $5.18 billion, below the $5.22 billion analysts had expected. But excluding currency fluctuations, revenue rose 10 percent.top line was a little weaker than expected, but they more than made up for it with some gross margin expansion, McAdams Wright Ragen analyst Sara Hasan said. She has a rating on the stock.Gross margins inched higher to 47 percent from 46.2 percent, while inventories slid 3 percent.Orders for Nike brand shoes and apparel scheduled for delivery from September 2010 through January 2011 totaled $7.1 billion and were up 10 percent from a year earlier.Excluding currency changes, those future orders rose 13 percent.