Consumer Goods Registry: Apparel, Footwear and Accessories
They say in fashion: "One day you're in and the next day you're out." Most of the Top 20 apparel, footwear and accessories companies managed to stay in style with luxury brands leading the pack.
Apparel, Footwear, and Accessory News
1. PPR
In 2008, PPR effectively transferred YSL Beaute to L'Oreal for 1.15 billion euros. The agreement entailed the use of the Yves Saint Laurent and Boucheron brands in the field of fragrances and cosmetics entrusted to L'Oreal in the form of a very long-term exclusive worldwide license. Licenses for fragrances and cosmetics of the Stella McCartney, Oscar de la Renta and Ermenegildo Zegna brands also transferred to L'Oreal, and the shares of YSL Beaute Group, including its Roger & Gallet subsidiary, were sold to L'Oreal. In 2007, PPR successfully acquired the Puma brand, whose contribution to PPR consolidated revenue was limited to sales for the first nine months, and amounted to 1.71 billion euros. As the sponsor of 16 national teams at the Olympic Games 2008 in Beijing, Puma achieved a successful track record for its new operating company by endorsing outstanding sprinter Usain Bolt (pictured) to win three gold medals and smash three world records.
3. Nike Inc.
On October 23, 2007, Nike Inc. announced its plans to acquire Umbro, a United Kingdom-based global football (soccer) brand with more than 70 years of experience in the sport and the world's biggest football market, for approximately $565 million. Three months later, Umbro shareholders approved the offer. The acquisition expands Nike's global leadership in football, a key growth category for the company. Nike will operate Umbro as a stand-alone brand, with a focus on accelerating Umbro's existing growth strategy. More recently in Nike news, the company unveiled an updated e-commerce experience for consumers globally with its new version of www.nikestore.com, featuring 12,000 styles across all of Nike's performance and sportswear categories. The site features a variety of enhancements, including videos by Nike athletes and designers discussing product and technology features, improved checkout, better zoom view and MyLocker functionality, and the ability for consumers to get involved by posting their own reviews.
6. Liz Claiborne Inc.
At end of 2007, Liz Claiborne Inc. decided to embark on a long-term growth plan, under which it honed its brand portfolio, aggressively managed its cost structure and innovated its supply chain to enhance shareholder returns. The company concentrated on powerful brands with strong direct-to-consumer growth paths as well as a refined group of wholesale-based brands with robust consumer franchises. To better focus its resources, the company conducted a review of strategic alternatives for 16 brands in its existing portfolio. As a result, Liz Claiborne sold C&C California and Laundry by Design to Perry Ellis International Inc.; sold prAna to prAna Living LLC, a company formed by prAna's management team and Steelpoint Capital Partners; and sold Ellen Tracy to the Radius Group. The company also named a Evon L. Jones as CIO in 2008. Jones joined Liz Claiborne from Bausch & Lomb. Prior to that, he was senior vice president and CIO for The Dial Corporation. Throughout his career, Jones has held numerous technology-related positions for a number of large corporations, including the financial institutions of Salomon Brothers, Lehman Brothers and American Express.
10. Jones Apparel Group Inc.
This year, Jones Apparel Group Inc. initiated a program to evaluate RFID technology in select Nine West retail locations. Nine West is one of Jones Apparel's nationally recognized brands, along with Jones New York, Anne Klein, Bandolino, Easy Spirit, Energie and more. The goal of this pilot program is to study the benefits that item-level RFID provides in the areas of enhanced productivity, customer service and inventory accuracy. The team of companies with whom Jones Apparel is partnering on this includes: Vue Technology for RFID software and system management solutions; Motorola's Enterprise Mobility Business for fixed and handheld RFID readers and antennas; Avery Dennison for RFID tags and printers; and inCode Wireless for installation and integration services, and along with RFID Sherpas LLC, for operational and business case analysis. Jones Apparel also rolled out a new e-commerce solution and in-store collaboration technology using VendorNet's StoreNet Manager. The application enables automated fulfillment of e-commerce orders utilizing bricks and mortar store inventory, making corporate-wide inventory available for sale on the Web.
| COMPANY | 2007 SALES (millions) | YEARLY SALES GROWTH | BRANDS | |
| 1 | PPR | $27,018* | 16% | Gucci Group, Puma, Yves Saint Laurent |
| 2 | LVMH Moet Hennessy Louis Vuitton | $22,533* | 8% | Dom Perignon, Marc Jacobs, TAG Heuer SA |
| 3 | NIKE Inc. | $16,326 | 16% | Converse, Hurley International, Umbro |
| 4 | adidas Group | $14,083* | 2% | adidas, Reebok, TaylorMade-adidas golf |
| 5 | VF Corporation | $7,219 | 16% | 7 For All Man Kind, The North Face, Vans |
| 6 | Liz Claiborne Inc. | $4,577 | (1%) | Kate Spade, Lucky Brand, Mexx |
| 7 | Hanesbrands Inc. | $4,475 | 2% | Playtex, Wonderbra, L'eggs |
| 8 | Levi Strauss & Co. | $4,361 | 4% | Dockers, Levi's, Levi Strauss Signature |
| 9 | Polo Ralph Lauren Corporation | $4,295 | 15% | Chaps, Club Monaco, Polo by Ralph Lauren |
| 10 | Jones Apparel Group Inc. | $3,793 | (6%) | AK Anne Klein, l.e.i., Nine West |
| 11 | Coach Inc. | $2,612 | 28% | Coach |
| 12 | QuickSilver Inc. | $2,426 | 10% | DC Shoes, Hawk, Roxy |
| 13 | Phillips-Van Heusen Corporation | $2,425 | 16% | Calvin Klein, DKNY, Sean John |
| 14 | Brown Shoe Company Inc. | $2,360 | (5%) | Buster Browns, Dr. Scholl's, Naturalizer |
| 15 | Hermes Group | $2,222* | 7% | Hermes |
| 16 | Valentino Fashion Group S.p.A. | $2,147* | (22%) | Hugo Boss, Marlboro Classics, Valentino |
| 17 | The Warnaco Group Inc. | $1,860 | 12% | Olga, Speedo, Warner's |
| 18 | Burberry Group plc | $1,669 | 15% | Prorsum, Burberry London, Thomas Burberry |
| 19 | The Timberland Company | $1,437 | (8%) | Howies, IPATH, SmartWool |
| 20 | Skechers U.S.A. Inc. | $1,394 | 16% | Skechers |
* Denotes live exchange rates on Oct. 9, 2008
Apparel, Footwear, and Accessory News
1. PPR
In 2008, PPR effectively transferred YSL Beaute to L'Oreal for 1.15 billion euros. The agreement entailed the use of the Yves Saint Laurent and Boucheron brands in the field of fragrances and cosmetics entrusted to L'Oreal in the form of a very long-term exclusive worldwide license. Licenses for fragrances and cosmetics of the Stella McCartney, Oscar de la Renta and Ermenegildo Zegna brands also transferred to L'Oreal, and the shares of YSL Beaute Group, including its Roger & Gallet subsidiary, were sold to L'Oreal. In 2007, PPR successfully acquired the Puma brand, whose contribution to PPR consolidated revenue was limited to sales for the first nine months, and amounted to 1.71 billion euros. As the sponsor of 16 national teams at the Olympic Games 2008 in Beijing, Puma achieved a successful track record for its new operating company by endorsing outstanding sprinter Usain Bolt (pictured) to win three gold medals and smash three world records.
3. Nike Inc.
On October 23, 2007, Nike Inc. announced its plans to acquire Umbro, a United Kingdom-based global football (soccer) brand with more than 70 years of experience in the sport and the world's biggest football market, for approximately $565 million. Three months later, Umbro shareholders approved the offer. The acquisition expands Nike's global leadership in football, a key growth category for the company. Nike will operate Umbro as a stand-alone brand, with a focus on accelerating Umbro's existing growth strategy. More recently in Nike news, the company unveiled an updated e-commerce experience for consumers globally with its new version of www.nikestore.com, featuring 12,000 styles across all of Nike's performance and sportswear categories. The site features a variety of enhancements, including videos by Nike athletes and designers discussing product and technology features, improved checkout, better zoom view and MyLocker functionality, and the ability for consumers to get involved by posting their own reviews.
6. Liz Claiborne Inc.
At end of 2007, Liz Claiborne Inc. decided to embark on a long-term growth plan, under which it honed its brand portfolio, aggressively managed its cost structure and innovated its supply chain to enhance shareholder returns. The company concentrated on powerful brands with strong direct-to-consumer growth paths as well as a refined group of wholesale-based brands with robust consumer franchises. To better focus its resources, the company conducted a review of strategic alternatives for 16 brands in its existing portfolio. As a result, Liz Claiborne sold C&C California and Laundry by Design to Perry Ellis International Inc.; sold prAna to prAna Living LLC, a company formed by prAna's management team and Steelpoint Capital Partners; and sold Ellen Tracy to the Radius Group. The company also named a Evon L. Jones as CIO in 2008. Jones joined Liz Claiborne from Bausch & Lomb. Prior to that, he was senior vice president and CIO for The Dial Corporation. Throughout his career, Jones has held numerous technology-related positions for a number of large corporations, including the financial institutions of Salomon Brothers, Lehman Brothers and American Express.
10. Jones Apparel Group Inc.
This year, Jones Apparel Group Inc. initiated a program to evaluate RFID technology in select Nine West retail locations. Nine West is one of Jones Apparel's nationally recognized brands, along with Jones New York, Anne Klein, Bandolino, Easy Spirit, Energie and more. The goal of this pilot program is to study the benefits that item-level RFID provides in the areas of enhanced productivity, customer service and inventory accuracy. The team of companies with whom Jones Apparel is partnering on this includes: Vue Technology for RFID software and system management solutions; Motorola's Enterprise Mobility Business for fixed and handheld RFID readers and antennas; Avery Dennison for RFID tags and printers; and inCode Wireless for installation and integration services, and along with RFID Sherpas LLC, for operational and business case analysis. Jones Apparel also rolled out a new e-commerce solution and in-store collaboration technology using VendorNet's StoreNet Manager. The application enables automated fulfillment of e-commerce orders utilizing bricks and mortar store inventory, making corporate-wide inventory available for sale on the Web.