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The article presents discussions from several executives of companies participating in the CEO Summit. John Fleming from Wal-Mart said that the company is determined to become more environmentally friendly with the product it sells and the energy it uses. American Eagle Outfitters' Susan McGalla said that as the company grows, it maintains a focus on the customers. Adrienne Ma from Joyce Boutiques thinks that made in China products will be more attractive for retailers with stores in China.

Reports on the efforts of Federated Department Stores to build its Macy's brand in the U.S. Conversion of several Marshall Field's stores into Macy's nameplate; Division realignment for the Macy's stores; Comments of Arnold Aronson, managing director of retail strategies at Kurt Salmon Associates, on the brand conversion.

The article reports that president and chief executive officer (CEO) of Kmart Corp. Floyd Hall agrees to sign a new three-year contract that extends his leadership of the company in Troy, Michigan.

The article reports that Toronto, Ontario-based specialty store chain Holt Renfrew & Co. Ltd. has been in negotiations to purchase specialty store chain Saks Fifth Avenue Enterprises Inc. in the U.S. It mentions that Holt Renfrew has been looking for an acquisition in the American market and has also planned to buy apparel company Barneys New York and retailer Harry Rosen Inc. It also states that Holt Renfrew's parent company has the necessary financial means to make the purchase.

The article offers information on the "Women's Wear Daily/Daily News Record CEO Summit" which was held in the U.S., in 2008. It is reported that in the summit retailers and other fashion luminaries examined the critical role of leadership and vision in the current economic climate. In his keynote address, Alber Elbaz, of Lanvin offered insights into his view of fashion and its global nature. Glen Senk of Urban Outfitters Inc. said that his company is experimenting with new things.

The article reports on the plan of Wal-Mart International to invest in the emerging markets of Mexico, China, and Brazil. Mike Duke, vice-chairman and chief executive officer (CEO) of Wal-Mart, reveals that 53% of the company's capital will be allocated to the emerging markets of these countries. Executives from other companies believed that Wal-Mart's plan is part of its strategy to win in the areas of price leadership and clarity of offering.

The article reports that clothing company Gucci has launched a new flagship store at Fifth Avenue in New York City. The store was designed by creative director Frida Giannini. It is a three-level store where the second floor comprises of men's wear. Prices of several men's apparels have been presented which includes a bomber jacket for $8,990, and made-to-order clothing starts at $3,000. Mark Lee, managing director of Gucci said that there will be new products every six months in the store.

The article examines various economic trends and indicators in the clothing and retail trade. The article discusses how Burberry Ltd. is accusing Iconix Brand Group of infringing on Burberry's signature check design. Wal-Mart Stores Inc. announced an exclusive deal with Iconix Brand Group to carry the Ocean Pacific and OP brands.

The article examines various economic trends and indicators in the clothing and retail trade. Gap Inc. is reportedly planning another series of portraits for fall 2007 that will feature artists and celebrities in its signature up-close style as the specialty chain promotes its casual classics, which is the core of its $16 billion business. The article reports that the Icelandic investment firm Baugur Group has accumulated an 8.1 percent stake in Saks Inc.

The article examines various economic trends and indicators in the clothing and retail trade. Nike is reportedly closing in on a lease for a 3,200-square-foot concept store in Lower Manhattan, New York City. According to the article analysts and economists are predicting that the retail trade could experience a slow period during the second half of 2007, which is being attributed to high gasoline costs, soft home sales, inflation, and uncertainty over interest rates.

The article discusses how retailer Nordstrom has decided to give fashion designer Jeffrey Kalinsky a larger role within the company, and to increase its ownership of Kalinsky's brand. The article explains that Kalinsky was originally hired by Nordstrom to be a part-time consultant, and the retailer also bought a majority stake in Kalinsky's businesses. Kalinsky's new role with Nordstrom is reportedly part of the retailer's plan to focus more on designer merchandise.

The article announces that former retail executive Allen Questrom has been nominated to Wal-Mart's board of directors and will stand for election at the annual shareholder meeting on June 1, 2007. According to the article Questrom will be responsible for strategy and merchandising, as well as public relations.

The article describes the unveiling of clothing retailer J.C. Penney's brand positioning and tagline. Singer/songwriter Jewel helped promote J.C. Penney's inspirational messages. Brand positioning includes enhanced customer service across all shopping channels, advertising, and marketing campaigns. Myron E. Ullman, chairman and chief executive officer (CEO) comments that the lifestyles J.C. Penney depicts are to be envied, but within reach of customers both new and old.

The article reports on the plan by Just Cavalli Co. to launch its first company-owned store in New York. The younger diffusion line designed by Robert Cavalli is launching its first company-owned store on Fifth Avenue, New York. The 2,850-square-foot flagship is to open in August 2007 at 665 Fifth Avenue, between 52nd and 53rd streets. It will occupy reconfigured space made available by the departure of A. Testoni and the reconfiguration of St. John Knits.

This article reveals the plans of Wal-Mart Stores Inc. to return to basics across several categories, including apparel. In 2006, Wal-mart's apparel performance has been less than stellar. For instance, in the fashion area, women's apparel, in particular, has been a problem. Skinny jeans and the trendy Metro 7 line, which the retailer has ambitiously expanded after initial success, did not connect with customers. Wal-Mart President and CEO H. Lee Scott Jr. vowed to maintain price leadership.

The article reports on the resignation of Martin + Osa president Ken Pilot. American Eagle Outfitters' CEO Jim O'Donnell believes the move will have little material effect on the chain. American Eagle's vice-chairman Roger Markfield, will take over Pilot's responsibilities at Martin + Osa, a classic, outdoor-oriented sportswear brand targeting 24- to 40-year-olds.

The article announces the plans of Wal-Mart to hold its annual meeting for analysts and institutional investors in Manhattan, New York City on October 23-24, 2006. It has always been a meeting with local politicians, holding press events in Manhattan and filling the city with stores in northern New Jersey, Westchester County and on Long Island. The switch of the Wal-Mart meeting to New York is significant.

The article reports on the announcement by Wal-Mart Stores Inc. that it plans to open stores in economically struggling urban neigborhood beginning 2008. It will also be creating a Wal-Mart Jobs and Opportunity Zones to offer financial incentives and programs, such as producing free radio advertisement and broadcasting them on its in-store radio network, as well as coaching businesses on how they can thrive with a Wal-Mart in their community. Stores will be in neighborhoods with high crime or unemployment rates.

The article focuses on the possible sale of Saks Fifth Avenue according to analysts. The rumor was intensified with the personnel changes in its management. The company has announced the resignation of R. Brad Martin as CEO. Investors at institutional firms expect the sale would happen in the late of 2006 or early 2007. It also provides a brief background on the problems being encountered by the company.

Reports on the acquisition of the Jeffrey luxury designer specialty stores by Nordstrom in the U.S. in August 2005. Sales performance of the Jeffrey business; Men's clothing brands at Nordstrom; Profits posted by Nordstrom in the second-quarter of the year; Purpose of Jeffrey founder Jeffrey Kalinsky for selling the business.

The article announces that Joan Weinstein has retired as chairwoman of Ultimo Enterprises.

The article announces that Janet E. Grover, a veteran department store merchant, was appointed chairperson of Federated Merchandising Group.

The article discusses the article from "The New York Times" about the agreement on sales tax collection from customers that the Direct Marketing Association (DMA) has denied. DMA said they are not aware of the agreement but Times reported that the vice president of DMA, Robert Levering, said that an agreement would happen. The chief executive officer (CEO) of DM Management, Gordon Cooke, adds that letting the concerned individuals know the progress of negotiations is the standard policy of DMA.

The article reports that Charivari Ltd. is searching for a synergistic partner to give them a chance to compete in the market after it filed a Chapter 11 bankruptcy protection in September 1997 in New York.

The article announces the resignation of David Hare as group president of Polo Ralph Lauren Stores.

The article discusses the plan of Gap Inc. to expand its signature stores especially its Banana Republic and Old Navy Clothing Corp. divisions in urban markets through deals in Manhattan, New York City and rents in other cities.