Daily Fashion News

Meg Ryan and Keifer Sutherland; The New Faces of Baume & Mercier

NEW YORK, Sept. 2 /PRNewswire/ -- For over 175 years, the Baume & Mercier Swiss watchmaking house has strived to make luxury accessible through the mantra, "Baume & Mercier & Me."

(Photo: http://www.newscom.com/cgi-bin/prnh/20050902/NYF123-ahttp://www.newscom.com/cgi-bin/prnh/20050902/NYF123-b )

Thus, the Swiss Baume & Mercier watchmaking maison has adopted a charity approach to develop their new international communication campaign: Baume & Mercier and Me. The campaign's philosophy is as follows:

* Baume & Mercier wished to associate itself with personalities that
resemble the watchmaking house; authentic personalities that exhibit
true qualities. Personalities that are both familiar and down-to-earth
-- Meg Ryan and Kiefer Sutherland.

* This unique campaign's goal is work with humanitarian causes close to
Ms. Ryan and Mr. Sutherland's hearts -- the education of
underprivileged children, the fight against cancer and the protection
of the environment.

Meg Ryan and Kiefer Sutherland as well as the internationally renowned photographers, James White and Robert Maxwell have put their celebrity and time at the service of Baume & Mercier's new charity campaign. The totality of their respective image royalties have been directly donated to the following charity organizations:

* Youth I.N.C. which has the mission of improving the life of young
Americans via training programs destined at assisting and improving
organization management and fundraising capacities of existing
associations helping children and adolescents.

* Hollywood Entertainment Museum, whose main role is to make the
cinematographic world easily accessible to the general public, has
created an interactive exhibit center that promotes Hollywood and
today's advanced movie technology

* GLAZA, Greater Los Angeles Zoo Association seeks to stimulate child
development through the animal world and to create an awareness of
environmental preservation and protection.

* Prostate Cancer Foundation, which is the largest international
philanthropic association is dedicated to the research and development
of treatments and cures for this illness

* Doctors without Borders, the largest independent international
organization, created in 1971 by French doctors, fulfils the mission
of providing rapid and effective aid to all public health emergencies.

The notion of caring for others unites the Baume & Mercier watchmaking house and the two celebrities to work together on this charity operation. For many, Meg Ryan represents natural seduction and spontaneous elegance, Kiefer Sutherland humility and strength of character. Their points in common: their interest in others, the intelligent use of their image and their celebrity put at the service of underprivileged citizens.

The Baume & Mercier watchmaking house has already demonstrated its interest and attention to others on numerous occasions, via charity sales or sponsorship programs for benevolent organizations.

The commitment to this charity project, combined with the professionalism of the two international photographers James White and Robert Maxwell, offers a superb result: two strong and authentic visuals highlighting two down-to- earth celebrities who favor the art of being rather than appearing.

Meg Ryan was photographed by James White, in Los Angeles in an elegant and authentic setting -- a colonial homestead with an outside veranda opening onto a tropical garden. The actress shares an instant of quiet and simple relaxation in a natural environment, a moment the photographer has captured to perfection.

The Kiefer Sutherland visual is the work of photographer Robert Maxwell. Seated on a deep burgundy velvet stool in a loft apartment combining modernity and tradition, the actor offers a frank and honest look at the camera objective. A red brick wall, a bookcase filled with old and new books and a dark brown parquet floor -- an environment that is totally in line with the natural and relaxed actor. An atmosphere of wellbeing and human warmth that he deliberately chooses to share and in which, his charismatic personality shows its full magnitude.

In September 2005 Baume & Mercier is excited to launch this new international communication campaign Baume & Mercier & Me.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050902/NYF123-a
http://www.newscom.com/cgi-bin/prnh/20050902/NYF123-b
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN6-7
PRN Photo Desk, photodesk@prnewswire.com
Source: Baume & Mercier

CONTACT: Stacy Forgang, +1-212-909-4346, for Baume & Mercier

Web site: http://www.baume-and-mercier.com/

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Profile: 23

Limited Brands to Present at the Goldman Sachs Conference

COLUMBUS, Ohio, Sept. 2 /PRNewswire-FirstCall/ -- Limited Brands (NYSE:LTD) is scheduled to participate in the Goldman Sachs 12th Annual Global Retail Conference on Friday, September 9, 2005. Mark Weikel, Chief Operating Officer of Victoria's Secret Stores, will be making a presentation followed by a Q&A session beginning at approximately 10:30 a.m. ET. A link to the live webcast will be available to all interested parties from the home page of our Web site at www.LimitedBrands.com.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020520/CLM001LOGO)

Link: http://www.limitedbrands.com/main.jsp

This webcast is being hosted by Goldman Sachs and TalkPoint Communications. A link to the archive of the webcast will be available for 30 days following the live presentation on www.LimitedBrands.com.

ABOUT LIMITED BRANDS:

Limited Brands, through Victoria's Secret, Bath & Body Works, Express, Express Men's, Limited Stores, White Barn Candle Co. and Henri Bendel, presently operates 3,666 specialty stores. Victoria's Secret products are also available through the catalogue and www.VictoriasSecret.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: All forward-looking statements made by the Company in this presentation involve risks and uncertainties and are subject to change based on various important factors, many of which may be beyond the Company's control. Accordingly, the Company's future performance and financial results may differ materially from those expressed or implied in any such forward- looking statements. Words such as "estimate," "project," "plan," "believe," "expect," "anticipate," "intend" and similar expressions may identify forward- looking statements. The following factors, among others, in some cases have affected and in the future could affect the Company's financial performance and actual results and could cause actual results for 2004 and beyond to differ materially from those expressed or implied in any forward-looking statements included in this presentation or otherwise made by management: changes in consumer spending patterns, consumer preferences and overall economic conditions; the potential impact of national and international security concerns on the retail environment, including any possible military action, terrorist attacks or other hostilities; our ability to service our debt, any debt we draw down under our credit facilities, and other any debt we incur, and the restrictions the agreements related to such debt impose upon us; our ability to implement our strategic and operational initiatives; the impact of competition and pricing; changes in weather patterns; political stability; postal rate increases and charges; paper and printing costs; risks associated with the seasonality of the retail industry; risks related to consumer acceptance of the Company's products and the ability to develop new merchandise; the ability to retain, hire and train key personnel; risks associated with the possible inability of the Company's manufacturers to deliver products in a timely manner; risks associated with relying on foreign sources of production, including risks related to the disruption of imports by labor disputes; risks associated with the possible lack of availability of suitable store locations on appropriate terms and other factors that may be described in the Company's filings with the Securities and Exchange Commission. The forward-looking information provided in this presentation is based on information available to the Company as of the date of this press release. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

Photo: http://www.newscom.com/cgi-bin/prnh/20020520/CLM001LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Limited Brands

CONTACT: Tom Katzenmeyer, SVP, Investor, Media and Community Relations
of Limited Brands, Inc., +1-614-415-7076

Web site: http://www.limitedbrands.com/

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Profile: 23

Kellwood Reports Second Quarter Results

Conference Call Scheduled at 9:00 a.m. Central on September 2, 2005

ST. LOUIS, Sept. 1 /PRNewswire-FirstCall/ -- Kellwood Company (NYSE:KWD) today reported results for the second quarter and first six month period ended July 30, 2005, according to Robert C. Skinner, Jr., president and chief executive officer.

Sales for the second quarter increased $2 million to $562 million, as compared to $560 million last year. The net loss for the second quarter was $(79.4) million, or $(2.86) per diluted share, as compared to net earnings of $10.2 million, or $0.36 per diluted share last year. Included in the loss for the quarter were impairment, restructuring and related non-recurring charges of $(93.4) million, or $(3.36) per share related to the Company's previously announced strategic initiatives that focus on increasing its penetration of consumer lifestyle brands while reducing exposure to smaller volume brands and certain private label businesses. Partially offsetting this charge was a one- time tax benefit for the repatriation of foreign earnings of $13 million, or $0.47 per diluted share.

For the second quarter, on an ongoing basis, (excluding the impairment, restructuring and related non-recurring charges, repatriation tax benefit and losses from businesses that the Company plans to exit):

-- Net sales totaled $488 million, rising $5 million from $483 million in
the second quarter of fiscal 2004;
-- Net earnings were $5.6 million, or $0.20 per diluted share, compared
to $10.9 million, or $0.39 per diluted share from ongoing operations
last year.

On an ongoing basis, second quarter sales from Kellwood's growing portfolio of better plus price point brands increased by $12 million, or 16% to $89 million and at quarter end represented 18% of total Company sales versus 16% last year. Sales from the Company's popular-to-moderately priced branded and private label business decreased by $7 million, or 2% to $399 million versus $406 million last year.

By segment, on an ongoing basis for the second quarter sales were driven by a 9% increase in men's sportswear sales to $120.9 million and a 10% rise in other soft goods sales to $83.4 million. This was offset by a 4% decline in women's sportswear sales to $284.0 million. Within men's sportswear, sales rose due to solid gains in the Company's Smart Shirts operations. Sales growth in the other soft goods category was due to sales growth in both Gerber Childrenswear and American Recreation Products.

Mr. Skinner stated, "Our second quarter results were in line with our revised expectations. We increased sales and managed our expenses well, however these improvements were tempered by increased promotional activity resulting in reduced gross profit and operating income versus the prior year.

"Importantly, the second quarter marked a critical period for Kellwood," Mr. Skinner, continued. "We set in place a number of strategic initiatives aimed at improving the performance of our portfolio of lifestyle brands while identifying divisions and brands that no longer fit our corporate objectives. While not evident in this quarter's results, we are progressing well toward correcting the fashion and merchandising issues that have affected certain of our brands at retail and are currently experiencing better sell through rates in our Sag Harbor women's sportswear brand. We have received some interest from buyers for the properties we plan to exit and are pursuing each opportunity."

Kellwood ended the quarter with a strong balance sheet with ample liquidity. At July 30, 2005, total inventory was $283 million compared to $347 million at July 31, 2004. Cash and marketable securities increased by $31 million to $293 million from $262 million, at July 31, 2004. The Company's credit agreement was amended to accommodate the impact of the 2005 restructuring plan.

The Company has started the process of repatriating approximately $150 million of foreign earnings in the third and fourth quarters as part of the 2004 American Jobs Creation Act. The $13 million tax benefit relating to this repatriation was recognized in the second quarter.

Sales for the first six months of fiscal 2005 were $1.201 billion, declining 4% from $1.247 billion in the first six months of fiscal 2004. Net loss for the first six months of fiscal 2005 was $(66.9) million, or $(2.41) per diluted share, compared to net earnings of $35.3 million, or $1.26 per diluted share in the first six months of fiscal 2004. Included in the net loss for the first six months of fiscal 2005 were impairment, restructuring and related non-recurring charges of $(93.4) million or $(3.36) per share. Partially offsetting this charge was a one-time tax benefit for the repatriation of foreign earnings of $13 million, or $0.47 per diluted share.

For the first six months of fiscal 2005, on an ongoing basis, (excluding the impairment, restructuring and related non-recurring charges, repatriation tax benefit and losses from businesses that the Company plans to exit):

-- Net sales totaled $1.042 billion, declining 4% from $1.085 billion in
the first six months of fiscal 2004;
-- Net earnings were $21.3 million, or $0.76 per diluted share, compared
to $36.4 million, or $1.30 per diluted share from ongoing operations
last year.

The Board of Directors declared a regular quarterly dividend of $0.16 per common share, payable September 23, 2005 to shareholders of record September 12, 2005.

Under Kellwood's share buyback program, the company repurchased 504,800 shares through September 1, 2005 at an average price of $24.61 per share completing approximately 18% of the Board approved program.

Guidance

For the third quarter, the Company estimates sales of $630-640 million, as compared to actual sales of $717 million in the third quarter last year. Net earnings in the third quarter of fiscal 2005 are currently expected to approximate $16.0 million, or $0.55-$0.58 per diluted share, which is prior to impairment, restructuring and related non-recurring charges. This compares to actual third quarter fiscal 2004 net earnings of $28.4 million, or $1.01 per diluted share. On an ongoing basis, the Company expects third quarter sales of approximately $555 million, versus $619 million last year and net earnings to be in the range of $15.0-$16.0 million, or $0.53-$0.57 per diluted share versus $27.2 million or $0.97 per share last year. (see non-GAAP reconciliation).

For the fiscal 2005 year, the Company expects sales in the range of $2.4 billion. This compares to actual fiscal 2004 sales of $2.56 billion. The Company's current sales guidance for the year includes sales from divisions and brands that will be exited or restructured. Sales for Kellwood's ongoing operations are forecasted to be approximately $2.1 billion versus $2.2 billion last year.

Net earnings for the fiscal 2005 year continue to be estimated in the range of $37 million to $38 million, or approximately $1.35 per diluted share, which is before recognition of the tax benefit from the repatriation of foreign earnings and prior to the impairment, restructuring and related non- recurring charges. On an ongoing basis, the Company continues to expect net earnings of approximately $43.5 million, or approximately $1.55 per diluted share (see non-GAAP reconciliation). This compares to actual fiscal 2004 net earnings of $70.1 million, or $2.50 per diluted share and earnings from ongoing operations of $67.7 million or $2.42 per diluted share.

Impairment, restructuring and related non-recurring charges for fiscal 2005 are estimated to be $155 million after tax, or approximately $5.65 per diluted share. The increase from $132 million and $4.70 per diluted share guidance previously given is that the Company now anticipates incurring substantially all such charges by year end. The total amount of such charges did not change.

Conference Call Information

The Company will conduct a conference call, tomorrow, Friday, September 2, 2005 at 9:00 a.m. CT. If you wish to participate, you may do so by dialing 866-700-6293 and enter participant code 51120783. This call will be webcast to the general public and can be accessed via Kellwood's website at http://www.kellwood.com/ .

Kellwood (NYSE:KWD) is a marketer of apparel and consumer soft goods with sales in excess of $2 billion. Kellwood specializes in branded as well as private label products, and markets to all channels of distribution with product specific to a particular channel. For more information, visit http://www.kellwood.com/ .

Statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of the safe harbor provisions of the federal securities laws. Actual results may differ materially due to risks and uncertainties that are described in the Company's Form 10-K and other filings with the SEC.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe", "expect", "will", "estimate", "project", "forecast", "planned", "should", "anticipate" and similar expressions may identify forward-looking statements. These forward-looking statements represent the Company's expectations concerning future events, are based on various assumptions and are subject to a number of risks and uncertainties. These risks include, but are not limited to: changes in the retail environment; an economic downturn in the retail market, including deflationary pressures; economic effects of safeguards put in place on Chinese imports into the U.S.; a decline in the demand for the Company's products; the lack of customer acceptance of the Company's new designs and/or product lines; the increasingly competitive and consolidating retail environment; financial or operational difficulties of customers or suppliers; disruptions to transportation systems used by the Company or its suppliers; continued satisfactory relationships with licensees and licensors of trademarks and brands; ability to generate sufficient sales and profitability related to licenses containing minimum royalty payments; the ability to successfully complete the restructuring plan; the economic impact of uncontrollable factors, such as terrorism and war; the effect of economic conditions and trade, legal social and economic risks (such as import, licensing and trade restrictions); stable governments and business conditions in the countries where the Company's products are manufactured; the impact of acquisition activity and the ability to effectively integrate acquired operations; and changes in the Company's strategies and expectations. These risks are more fully described in the Company's periodic filings with the SEC. Actual results could differ materially from those expressed or implied in forward-looking statements. The Company disclaims any obligation to publicly update or revise any of its forward-looking statements.

KELLWOOD COMPANY AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENT OF EARNINGS (UNAUDITED)
(Amounts in thousands, except per share data)

Three Months Ended Six Months Ended
7/30/2005 7/31/2004 7/30/2005 7/31/2004
Net sales by segment:
Women's Sportswear $297,169 $319,555 $657,216 $757,531
Men's Sportswear 154,251 139,613 318,767 267,770
Other Soft Goods 110,417 101,299 225,232 221,269
Total net sales 561,837 560,467 1,201,215 1,246,570

Costs and expenses:
Cost of products
sold 518,311 436,074 1,023,567 967,612
Selling, general and
administrative
expenses 94,857 99,326 200,985 206,234
Amortization of
intangible assets 3,206 3,465 6,407 6,931
Impairment,
restructuring and
related non-recurring
charges 71,862 - 71,862 -
Interest expense, net 5,911 6,752 12,545 13,039
Other (income) and
expense, net (334) (694) (513) (873)
(Loss) earnings before
income taxes (131,976) 15,544 (133,638) 53,627

Income tax (benefit)
provision (52,565) 5,324 (46,697) 18,367

Net (loss) earnings $(79,411) $10,220 $(66,941) $35,260

Weighted average
shares outstanding:

-Basic 27,812 27,585 27,785 27,336

-Diluted 27,812 28,150 27,785 27,990

Basic (Loss) Earnings
per Share: $(2.86) $0.37 $(2.41) $1.29

Diluted (Loss) Earnings
per Share: $(2.86) $0.36 $(2.41) $1.26

KELLWOOD COMPANY AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEET (UNAUDITED)
(Amounts in thousands)

As of
7/30/2005 7/31/2004
ASSETS
Current assets:
Cash and cash equivalents $293,170 $262,508
Receivables, net 375,365 341,820
Inventories 282,516 346,761
Current deferred taxes and prepaid expenses 73,475 69,772
Total current assets 1,024,526 1,020,861

Property, plant and equipment, net 81,833 95,745
Intangible assets, net 165,264 223,833
Goodwill 195,341 185,508
Other assets 28,583 37,057
Total assets $1,495,547 $1,563,004

LIABILITIES AND SHAREOWNERS' EQUITY
Current liabilities:
Current portion of long-term debt $33 $252
Accounts payable 187,359 207,334
Accrued expenses 120,540 114,677
Total current liabilities 307,932 322,263

Long-term debt 469,729 469,653
Deferred income taxes and other 68,415 77,315
Shareowners' equity 649,471 693,773
Total liabilities & shareowners' equity $1,495,547 $1,563,004

KELLWOOD COMPANY AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED)
(Amounts in thousands)

Six Months Ended
7/30/2005 7/31/2004
OPERATING ACTIVITIES
Net (loss) earnings $(66,941) $35,260

Add/(deduct) items not affecting operating
cash flows:
Depreciation and amortization 21,301 20,970
Deferred income taxes and other (7,165) 4,882
Non-cash portion of impairment, restructuring
and related non-recurring charges, net of
tax of $40,007 93,350 -

Changes in working capital components:
Receivables, net 1,172 (18,439)
Inventories 17,696 (30,104)
Current deferred taxes and prepaid expenses (20,901) (3,389)
Accounts payable and accrued expenses 18,179 29,797
Net cash provided by operating activities 56,691 38,977

INVESTING ACTIVITIES
Acquisitions, net of cash acquired (12,178) (143,337)
Additions to property, plant and equipment (10,762) (12,952)
Subordinated note receivable 2,063 1,375
Dispositions of fixed assets 1,325 202

Net cash used in investing activities (19,552) (154,712)

FINANCING ACTIVITIES
Borrowings of long-term debt, net of
financing costs - 195,390
Repayments of long-term debt - (4,448)
Dividends paid (8,895) (8,758)
Stock transactions under incentive plans 3,531 16,904
Net cash (used in) provided by
financing activities (5,364) 199,088

Net change in cash and cash equivalents 31,775 83,353
Cash and cash equivalents, beginning of period 261,395 179,155

Cash and cash equivalents, end of period $293,170 $262,508

Supplemental cash flow Information:
Interest paid $15,361 $12,403
Income taxes paid (refunded), net $(522) $7,927

Use of Non-GAAP Financial Measures

The Company has provided non-GAAP adjusted earnings per share information for its fiscal 2004, second quarter 2005, first half 2005, third quarter 2005 and full year fiscal 2005 guidance in this release, in addition to providing financial results and guidance in accordance with GAAP. This non-GAAP financial information is provided to enhance the user's overall understanding of the Company's current financial performance. Specifically, the Company believes the non-GAAP adjusted results provide useful information to both management and investors by excluding expenses that the Company believes are not indicative of the Company's core operating results. The non-GAAP financial information should be considered in addition to, not as a substitute for or as being superior to, operating income, cash flows, or other measures of financial performance prepared in accordance with GAAP. A reconciliation of this non-GAAP information to the Company's actual and expected results for its fiscal 2004, second quarter 2005, first half 2005, third quarter 2005 and full year fiscal 2005 results are as follows:

NON-GAAP FINANCIAL MEASURES INFORMATION

Second Quarter
Summary of Results for FY2005, July 27 Guidance, and FY2004 Actual

The following table summarizes net sales, operating earnings (1), net earnings and diluted earnings per share from Kellwood's ongoing business units and business units to be exited, the tax benefit from the repatriation of offshore earnings, the restructuring and related charges and amortization of intangibles for the second quarter ($ in thousands). See footnotes (1), (2) and (3) to the table.

FY2005 Actuals
Operations
Amort-
ization
Business of
Units Repatr- Restruc- Intang- Total
Ongoing Exited iation turing ibles(3) Kellwood

Net Sales $488,245 $78,751 $- $(5,160) $- $561,836

Operating
Earnings (1) 16,644 (6,480) - (133,357) (3,206) (126,399)

Net Earnings $5,620 $(4,681) $13,000 $(93,350) $- $(79,411)

Diluted EPS (2) $0.20 $(0.17) $0.47 $(3.36) $- $(2.86)

July 27, 2005 Guidance
Operations
Amort-
ization
Business of
Units Repatr- Restruc- Intang- Total
Ongoing Exited iation turing ibles(3) Kellwood

Net Sales $485,000 $80,000 $- $- $- $565,000

Operating
Earnings (1) 16,600 (6,900) - (157,700) (3,200) (151,200)

Net Earnings $5,300 $(4,700) $13,000 $(110,000) $- $(96,400)

Diluted EPS (2) $0.19 $(0.17) $0.46 $(3.91) $- $(3.43)

FY2004 Actuals
Operations
Amort-
ization
Business of
Units Repatr- Restruc- Intang- Total
Ongoing Exited iation turing ibles(3) Kellwood

Net Sales $482,517 $77,950 $- $- $- $560,467

Operating
Earnings (1) 25,660 (593) - - (3,465) 21,602

Net Earnings $10,875 $(655) $- $- $- $10,220

Diluted EPS (2) $0.39 $(0.02) $- $- $- $0.36

NON-GAAP FINANCIAL MEASURES INFORMATION

First Half
Summary of Results for FY2005 and FY2004 Actual

The following table summarizes net sales, operating earnings (1), net earnings and diluted earnings per share from Kellwood's ongoing business units and business units to be exited, the tax benefit from the repatriation of offshore earnings, the restructuring and related charges and amortization of intangibles for the second quarter ($ in thousands). See footnotes (1),(2) and (3) to the table.

FY2005 Actuals
Operations
Amort-
ization
Business of
Units Repatr- Restruc- Intang- Total
Ongoing Exited iation turing ibles(3) Kellwood

Net Sales $1,041,792 $164,583 $- $(5,160) $- $1,201,215

Operating
Earnings (1) 48,915 (10,757) - (133,357) (6,407) (101,606)

Net Earnings $21,273 $(7,864) $13,000 $(93,350) $- $(66,941)

Diluted EPS (2) $0.76 $(0.28) $0.47 $(3.36) $- $(2.41)

FY2004 Actuals
Operations
Amort-
ization
Business of
Units Repatr- Restruc- Intang- Total
Ongoing Exited iation turing ibles(3) Kellwood

Net Sales $1,085,249 $161,321 $- $- $- $1,246,570

Operating
Earnings (1) 73,685 (961) - - (6,931) 65,793

Net Earnings $36,402 $(1,143) $- $- $- $35,259

Diluted EPS (2) $1.30 $(0.04) $- $- $- $1.26

NON-GAAP FINANCIAL MEASURES INFORMATION

Third Quarter
Summary of Current Guidance and FY2004 Actual

The following table summarizes net sales, operating earnings (1), net earnings and diluted earnings per share from Kellwood's ongoing business units and business units to be exited, the tax benefit from the repatriation of offshore earnings, the restructuring and related charges and amortization of intangibles for the second quarter ($ in thousands). See footnotes (1), (2) and (3) to the table.

Current Guidance
Operations
Amort-
ization
Business of
Units Repatr- Restruc- Intang- Total
Ongoing Exited iation turing ibles(3) Kellwood

Net Sales $555,000 $80,000 $- $(250) $- $634,750

Operating
Earnings (1) 33,000 600 - (19,900) (3,900) 9,800

Net Earnings $15,600 $400 $- $(14,000) $- $2,000

Diluted EPS (2) $0.57 $0.01 $- $(0.51) $- $0.07

FY2004 Actuals
Operations
Amort-
ization
Business of
Units Repatr- Restruc- Intang- Total
Ongoing Exited iation turing ibles(3) Kellwood

Net Sales $619,216 $97,578 $- $- $- $716,794

Operating
Earnings (1) 49,531 2,116 - - (3,134) 48,513

Net Earnings $27,226 $1,127 $- $- $- $28,353

Diluted EPS (2) $0.97 $0.04 $- $- $- $1.01

NON-GAAP FINANCIAL MEASURES INFORMATION

Fiscal Year
Summary of Current Guidance, July 27 Guidance, and FY2004 Actual

The following table summarizes net sales, operating earnings (1), net earnings and diluted earnings per share from Kellwood's ongoing business units and business units to be exited, the tax benefit from the repatriation of offshore earnings, the restructuring and related charges and amortization of intangibles for the second quarter ($ in thousands). See footnotes (1), (2) and (3) to the table.

Current Guidance
Operations
Amort-
ization
Business of
Units Repatr- Restruc- Intang- Total
Ongoing Exited iation turing ibles(3) Kellwood

Net Sales $2,090,000 $305,000 $- $(5,000) $- $2,390,000

Operating
Earnings (1) 101,000 (8,500) - (220,000) (14,000) (141,500)

Net Earnings $43,500 $(5,600) $13,000 $(155,000) $- $(104,100)

Diluted EPS (2) $1.55 $(0.20) $0.47 $(5.65) $- $(3.79)

July 27, 2005 Guidance
Operations
Amort-
ization
Business of
Units Repatr- Restruc- Intang- Total
Ongoing Exited iation turing ibles(3) Kellwood

Net Sales $2,090,000 $335,000 $- $- $- $2,425,000

Operating
Earnings (1) 100,900 (8,300) - (189,200) (12,700) (109,300)

Net Earnings $43,500 $(5,600) $13,000 $(132,000) $- $(81,100)

Diluted EPS (2) $1.55 $(0.20) $0.46 $(4.70) $- $(2.89)

FY2004 Actuals
Operations
Amort-
ization
Business of
Units Repatr- Restruc- Intang- Total
Ongoing Exited iation turing ibles(3) Kellwood

Net Sales $2,199,976 $355,728 $- $- $- $2,555,704

Operating
Earnings (1) 138,566 5,211 - - (13,434) 130,343

Net Earnings $67,743 $2,351 $- $- $- $70,094

Diluted EPS (2) $2.42 $0.08 $- $- $- $2.50

(1) Operating earnings for the operations of ongoing and exited business
units is a non-GAAP measure that differs from GAAP operating earnings in
that it excludes restructuring and related charges and amortization of
intangibles. Operating earnings for the operations of ongoing and exited
business units should not be considered as an alternative to GAAP
operating earnings. Operating earnings before amortization and
restructuring and related charges is the primary measure used by
management to evaluate the Company's performance, as well as the
performance of the Company's business units and segments. Management
believes the comparison of operating earnings before amortization and
restructuring and related charges between periods is useful in showing the
interaction of changes in sales, gross profit and general and
administrative expenses. Operating earnings before amortization and
restructuring and related charges may not be comparable to any similarly
titled measure used by another company.

(2) The shares used in the earnings per share calculations for ongoing
operations include the dilutive impact of stock options. Total Kellwood
earnings per share does not include the impact of stock options, as
required under GAAP. Presenting ongoing operations EPS in this manner
results in an amount that will be more comparable to what has been
reported in prior years and what will be reported in future years.

(3)Intangibles amortization is not included in operating earnings for the
operations of ongoing and exited business units. It is included in net
earnings for these business units. See footnote (1) for further
discussions of the presentation of operating earnings for the operations
of ongoing and exited business units.

Source: Kellwood Company

CONTACT: Media, Donna Weaver, VP Corp. Comm., +1-212-329-8072, or
donna.weaver@kellwood.com , or Financial, Roger D. Joseph, VP Treasurer & IR,
+1-314-576-3437, or roger_joseph@kellwood.com , or W. Lee Capps III, Chief
Operating Officer & CFO, +1-314-576-3486, or wlc@kellwood.com , all of
Kellwood Company

Web site: http://www.kellwood.com/

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Profile: 23

~ Freedom to Express Yourself ~

The Curel(R) Natural Healing(TM) Sweepstakes

Curel(R) moisturizers give you freedom from dry skin and the chance to free your body and mind.

NEW YORK, Sept. 1 /PRNewswire/ -- Have you ever wished that a card would appear in your mailbox that was not just an ordinary greeting card, but your ticket to a pampering retreat from the everyday? One where project deadlines would be replaced with morning hikes, meetings replaced with spa treatments, and takeout dinner replaced with healthy gourmet meals? In support of the launch of Curel's(R) Natural Healing(TM) line, the Curel(R) skin care experts have created a fabulous sweepstakes to do just this.

(Photo: http://www.newscom.com/cgi-bin/prnh/20050901/NYTH138 )

Log onto http://www.curel.com/ September 1st - November 2005 to enter and free you from life's daily routine.

Curel's(R) Natural Healing(TM) Sweepstakes includes:

* Simply log onto http://www.curel.com/ and enter to win the Grand Prize,
a trip to the renowned Red Mountain Spa, one of 50 first Place Prizes,
personal Curel(R) Greeting Cards designed by prestigious greeting card
company Tiger & Jones, or one of thousands of samples of the new
Natural Healing(TM) line.

* Grand Prize: Win a week's getaway for two for an indulgent pampering
experience at Red Mountain Spa. The Curel(R) Red Mountain Spa
Inclusive Vacation Spa Package includes an invigorating retreat from
everyday life, including hiking, fitness classes, gourmet meals, and
spa treatments to indulge the body and mind.

* First Place: 50 lucky consumers will win an exquisite, hand designed
greeting card made for Curel(R) exclusively by Tiger and Jones. The
limited edition Curel(R) Card is designed with a special medallion
keepsake within to send to a special someone.

* Second Place: Thousands will receive a 1 oz. sample of a new Natural
Healing(TM) luxurious moisturizer.

For more information on The Curel(R) Natural Healing(TM) Sweepstakes or for images of The Curel(R) Card by Tiger & Jones, or images of Red Mountain Spa, please contact Tractenberg & Co.

Kao Brands Company is a leading manufacturer of premium beauty care brands that are recognized around the world for their innovation and quality. Kao Brands Company's portfolio includes Ban(R) antiperspirants; Jergens(R) and Curel(R) hand and body lotions; Biore(R) facial care; John Frieda(R), Frizz- Ease(R), Sheer Blonde(R), Brilliant Brunette(R), Radiant Red(R) and Beach Blonde(R) professional hair care. Founded in 1882, Kao Brands Company is a wholly owned subsidiary of Kao Corporation.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050901/NYTH138
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN5
PRN Photo Desk, photodesk@prnewswire.com
Source: Curel

CONTACT: Gina Pallozzi, gina@tractenberg.com, or Marissa Vinciguerra,
mvinciguerra@tractenberg.com, both of Tractenberg & Co., +1-212-929-7979

Web site: http://www.kaobrands.com/

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Profile: 23

Ross Stores Donates $100,000 for Hurricane Katrina Relief

PLEASANTON, Calif., Sept. 1 /PRNewswire-FirstCall/ -- California-based Ross Stores, Inc. (NASDAQ:ROST) is assisting with disaster relief and recovery efforts related to Hurricane Katrina with a cash contribution of $100,000 to the American Red Cross. In addition, all Ross Dress for Less stores in those areas impacted by the hurricane will offer an additional 10% discount on any purchase made with a Red Cross Client Assistance Card. Ross customers can also make contributions in any one of the retailer's 692 Ross Dress for Less or 19 dd's DISCOUNTS(R) stores in 26 states and Guam. From September 3rd through October 1st, all locations will accept donations to the American Red Cross at the store registers.

Michael Balmuth, Vice Chairman, President and Chief Executive Officer, stated, "Ross operates numerous stores throughout the Gulf Coast region, which was severely impacted by Hurricane Katrina. We offer our heartfelt condolences to our associates and neighbors throughout these communities who may have suffered losses due to the hurricane."

Ross Stores, Inc., a Fortune 500 and Nasdaq 100 (ROST) company headquartered in Pleasanton, California, is the nation's second largest off-price company with fiscal 2004 revenues of $4.2 billion. As of August 27, 2005, the Company operated 692 Ross stores and 19 dd's DISCOUNTS(R) locations in 26 states and Guam. Ross Stores offers first-quality, in-season, name brand and designer apparel, accessories, footwear and home fashions for the entire family at everyday savings of 20 to 60 percent off department and specialty store regular prices. dd's DISCOUNTS(R) features a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear and home fashions for the entire family at everyday savings of 20 to 70 percent off moderate department and discount store regular prices. Additional information is available on the Company's website at www.rossstores.com.

Source: Ross Stores, Inc.

CONTACT: Katie Loughnot, Vice President, Investor & Media Relations of
Ross Stores, Inc., +1-925-965-4509, or katie.loughnot@ros.com

Web site: http://www.rossstores.com/

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Profile: 23

Celebs Pick Pippo Italia Watches Right in Time for the VMAs

Usher, Mariah Carey, Hillary Duff, Good Charlotte, Al Reynolds, Jordan Knight, Babyface, Lil Kim and Many More Discovered the Pippo Italia Catalina Hotel VMA Suite in Miami, August 26-28

MIAMI, Sept. 1 /PRNewswire/ -- Celebrities like Usher, Ashlee Simpson and Mariah Carey found time to discover the hottest watch line at the VMAs this past weekend; Pippo Italia watches. Known for being the only Italian-designed and Swiss-made luxury watch in the industry, the Pippo brand was able to fit a watch for each celebrity personality ... from Mariah's Pink "My Panse" to Good Charolotte's "Lifetime" Carbon Fiber.

(Photo: http://www.newscom.com/cgi-bin/prnh/20050901/FLTH035-ahttp://www.newscom.com/cgi-bin/prnh/20050901/FLTH035-b )

Pippo Italia watches feature 10 different Case Shapes in the 2005 collection. Seven sexy shapes are made for women and three bold, yet sophisticated, men's models impressed both young Hollywood types and established rock stars. The watches were exotically displayed in true Miami Vice fashion while attendees visited the new Catalina Hotel in South Beach. Bright white couches displayed the colorful watch styles and hundreds of interchangeable straps.

Usher sported the "Lifetime" with orange, green, blue and yellow straps; Hillary Duff wore the "Evolution" on a black strap; Anna Christina (an up-and- coming star for MTV Reality TV: a singer with a Colombian/Cuban background) wore a "My Panse" with multi-colored gemstones on a purple strap; MTV's Power Girls (Lizzie Grubman, Rachel Krupa, Millie Manyo, Kelly Brady, Ali Zweben) all wore variations of the "Luxury;" Al Reynolds wore an orange "Cabochon Grand;" Susie Castillo (MTV VJ) sported a "Lifetime" with a purple strap; Jordan Knight fancied the "Cabochon Grand;" Babyface rocked the "Lifetime" with diamonds; and Ingrid Casares fashionably showcased the "Lifetime."

Pippo Italia watches launched in the United States in October of 2003 and since then, they have attracted an A-list of wearers like Justin Timberlake, Jeremy Piven, Adrien Brody, Ashlee Simpson, Tom Arnold, Charlotte Ross, and Sarah Ferguson. Designed with Italian flair and made in Switzerland with the finest of Swiss movements, Pippo Italia watches have become the new trendsetting watch of the season.

Pippo Italia watches are owned and distributed in the United States by Nob Hill Luxury Group based in Ft. Lauderdale, FL. Images are available upon request: Contact information: Lori Slosek, (212) 696-1321, lori@studio-pr.com .

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050901/FLTH035-a
http://www.newscom.com/cgi-bin/prnh/20050901/FLTH035-b
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Pippo Italia

CONTACT: Shaye Strager, Shaye@Studio-PR.com, +1-212-696-1321

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Profile: 23

Nation's Apparel Industry Braces for AN:TS Invasion

ATLANTA, Sept. 1 /PRNewswire/ -- But unlike in the movie, "War of the Worlds," nobody's panicking. That's because AN:TS is a fresh new line of apparel. This Fall, AN:TS Apparel makes its national debut. AN:TS' inaugural collection will consist of a young men's line comprised of graphic tees and headwear. When asked about the debut, Ozell Freeman, President and co-founder of AN:TS Apparel is understandably excited: "Last year we produced samples to gauge brand impact and interest. After very positive feedback from industry executives and consumers, we felt confident that we had the makings of a great brand. We decided to move forward. So here we are."

And HERE is exactly where they are. This month, AN:TS will make its pitch to consumers nationally through its website, http://www.an-ts.com/. With that said, AN:TS, however, is more than a clothing company. AN:TS is an ideal ... a lifestyle.

Freeman explains: "After we decided to start AN:TS, we asked ourselves what the brand should be about. Of course, apparel is about fashion but we decided that since we believe life is about passion, that AN:TS as a lifestyle brand should be about passion as well as fashion. Next, we asked ourselves what we felt fashion was about. For us, fashion is about the individual expression of a personal sense of style. But WHAT IF fashion could also serve as a subtle 'reminder' that we are all part of a global community - a world colony that we can make better? This 'reminder' is symbolized through our name and anthill logo. AN:TS carries a message of global citizenship and responsibility through the creation of uniquely styled and well made apparel."

The name of the brand "AN:TS" invites inquiry. AN:TS stands for "Achieve Nirvana: Transform Society." "We at AN:TS believe that through the continual pursuit of your passion, you leave the world a better place than you found it. We all have a role. No effort is too small," Freeman says.

AN:TS' tag line challenges us to embrace its mindset and "join the colony." With edgy classic styling and a lifestyle mantra, AN:TS is one invasion to be welcomed worldwide.

About AN:TS Apparel.

Based in Atlanta, AN:TS Apparel is an emerging brand that designs, markets and sells lines of clothing for men. Website http://www.an-ts.com/

This release was issued on behalf of the above organization by Send2Press(TM), a unit of Neotrope(R). http://www.send2press.com/

Source: AN:TS Apparel, Inc.

CONTACT: Ozell Freeman of AN:TS Apparel, Inc., +1-404-995-7094

Web site: http://www.an-ts.com/
http://www.send2press.com/

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Profile: 23

Scene7 and imc2 Partner to Deliver Online Rich Media Solutions

NOVATO, Calif., Sept. 1 /PRNewswire/ -- Scene7(R), the market leader in automated rich media solutions for the web, email and print, today announced their partnership with imc2, a leading, independent interactive agency. Under the terms of the agreement, the two companies will work together to deliver rich media solutions to enhance online customer experiences in the retail, manufacturing and consumer products industries.

With offices in Dallas and New York City, imc2 is dedicated to helping its clients achieve their business objectives through superior Web design and interactive marketing initiatives. Clients include many of the nation's leading companies including Blockbuster, Procter & Gamble, Omni Hotels, and Johnson & Johnson, as well as top global brands such as Crest, Hanes, Secret, Clairol and Olay.

"This partnership allows us to leverage Scene7's best-in-class, rich media solutions on behalf of our clients to create more compelling, interactive brand experiences on their Web sites," states Mike Graziano, director of imc2's e-commerce practice.

Scene7 provides automated rich media solutions -- Dynamic Imaging, eCatalogs, Product Configurators, Targeted Email & Print, and Dynamic Asset Management -- all built upon a single technology platform with unrivaled breath, depth, scalability and ease of use. With Scene7, businesses can improve the entire selling and marketing cycle -- from attracting customers, to guiding them to the right products and services, to successfully converting them into loyal buyers. In addition, Scene7 is the only vendor to offer complete deployment flexibility -- Scene7 solutions are available both as licensed software and 'on-demand' (hosted). Depending on a company's business needs, Scene7's range of deployment options provides the lowest cost of ownership in the industry.

"We're pleased to announce our partnership with imc2," said Doug Mack, CEO of Scene7. "Their track record of helping world-class clients extend their brands online while driving transactions makes them a great partner to help us deliver innovative, rich media solutions to the market."

About imc2

imc2, an independent interactive agency, is dedicated to helping its clients achieve their business objectives through superior Web design and interactive marketing. imc2 has offices in Dallas and New York City. Ranking in the Top 10 on AdAge's Top U.S. Interactive Agencies list, imc2 has more than 200 employees and provides interactive services in the following areas: strategy and insight, media and promotions, web development, relationship marketing and measurement and intelligence. imc2 serves a broad and diversified global client base, including Procter & Gamble, Johnson & Johnson, Pfizer and Blockbuster. Please visit www.imc2.com for more information.

About Scene7

Scene7 -- the market leader in automated rich media solutions for the web, email and print -- enables companies to grow revenues, enhance customer experience and cut production costs. Scene7's solutions are built on an integrated technology platform -- for unrivaled breath, depth, scalability and ease of use. Solutions include Targeted email & print, Dynamic Imaging, eCatalogs, Product Configurators and Dynamic Asset Management. Available both as software and On-Demand, leading companies have selected Scene7, including Amazon, Macy's, Office Depot, Levi Strauss & Co., La-Z-Boy and QVC -- and partners IBM, Microsoft, Akamai and Macromedia. Visit www.scene7.com.

NOTE: Scene7 is a registered trademark of Scene7, Inc. All other company, product or service names mentioned herein are trademarks or registered trademarks of their respective owners.

Source: Scene7, Inc.

CONTACT: Tim Bigoness, Director of Marketing & Corporate Communication
of Scene7, Inc., Office, +1-415-506-6022, or Mobile, +1-415-320-9277, or
timb@scene7.com

Web site: http://www.scene7.com/
http://www.imc2.com/

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Profile: 23

e.l.f. Cosmetics Creates Hurricane Katrina Relief Make-Up Kit Shipped to Hurricane Victims

NEW YORK, Sept. 1 /PRNewswire/ -- On August 30th, 2005, e.l.f. Cosmetics received an email from one of their customers. She was contacting the company to tell them to put a stop on her order because she had lost everything in Hurricane Katrina. In response, e.l.f. Cosmetics immediately shipped her a package of make-up brushes and cosmetics to her current location.

In an effort to help others affected by this disaster, e.l.f. Cosmetics has created 10,000 special Hurricane Katrina Relief Beauty Kits that include:

* pressed powder

* shimmering facial whip for the eyes, lips and face

* lip moisturizer

* lip gloss

* mascara

* e.l.f. asks the public to help them get in contact with victims of the
hurricane. e.l.f. asks these people to call or email the company and
provide a location for the relief kits to be shipped.

* e.l.f. will be shipping these kits to people directly affected by the
hurricane disaster.

* e.l.f. Cosmetics will be posting a Relief banner on their website and
emailing their current loyal customers incase they have friends or
family that have suffered from the hurricane.

* e.l.f. will be getting in touch with networks that have contact with
hurricane victims, encouraging them to contact e.l.f. and provide a
location for the company to deliver their relief kits.

* e.l.f. will likewise be contacting local hotels and relief
organizations in the affected and safe surrounding areas and will ship
e.l.f. relief kits to the designated locations.

* Local and national press will be asked to direct people to the e.l.f.
website http://www.eyeslipsface.com/ so people can receive beauty
relief kits.

This is not the first time e.l.f. Cosmetics has tried to help during unfortunate times. e.l.f. Cosmetics supports WIN Against Breast Cancer and The Humane Society of The United States by creating signature products that promote and direct proceeds back to the organizations.

e.l.f. Cosmetics would like to do as much as they can to provide relief to this devastating situation. Thousands of people are without any of their belongings. Although make-up is a secondary need, e.l.f. hopes to get people back on track. This is a small token, but it's a start. http://www.eyeslipsface.com/

How to contact e.l.f. Cosmetics:

Email: customerservice@eyeslipsface.com

Call: 800.231.4732 x111

PR Contact: Amanda MacNaughton THINK PR 212.343.3920
amacnaughton@thinkpublicrelations.com

Source: e.l.f. Cosmetics

CONTACT: Amanda MacNaughton of THINK PR for e.l.f. Cosmetics,
+1-212-343-3920, amacnaughton@thinkpublicrelations.com

Web site: http://www.eyeslipsface.com/

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Profile: 23

Paolo Nevada Enterprises, Inc. Announces Entry Into Israeli Market Through New Mashbir Lazarchan

LAS VEGAS, Sept. 1 /PRNewswire-FirstCall/ -- Paolo Nevada Enterprises, Inc. (the "Company"), announced today they have started shipping leather products to New Mashbir Lazarchan in Israel.

New Mashbir Lazarchan is one of the biggest and most prominent department store chains in Israel. A spokesman for the Company adds, "New Mashbir has 26 large department stores in malls in Israel. They have the name that is recognized within all of Israel. In addition, New Mashbir will be opening new 3,000 sq. ft. specialty stores in malls which will feature the Paolo Nevada leather products exclusively. It is a very big and important step for us in penetrating new markets and in building and promoting the Paolo Nevada name." The New Mashbir specialty stores will market cosmetic products, shoes, belts, purses, handbags, briefcases and other women's accessories.

Paolo Nevada Enterprises, Inc. is a finished leather product manufacturer with subsidiary companies in Slovenia. The Company produces purses, handbags, briefcases and other leather accessories in Europe which utilize quality European leather, design and workmanship.

Forward-looking statements herein are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There are certain important factors that could cause results to differ materially from those anticipated by some of the statements made herein. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Among the factors that could cause actual results to differ materially are the following: market acceptance of new products, changes in competitive environment, general conditions in the industries served by the Company's products, continued availability of financing and related costs, and overall economic conditions including inflation.

Source: Paolo Nevada Enterprise, Inc.

CONTACT: Paul Holmquist of Paolo Nevada Enterprises, Inc.,
+1-763-807-9599

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Profile: 23

'Super Bowl Of Style' - New York's Fashion Week Receives A Fan-Friendly Event

* Ford Motor Company's Mercury Brand Gives Consumers Complimentary Hair & Make-Up Consultations on Broadway

* Two 'Indoor/Outdoor' Runway Shows Bring the Catwalk to the Sidewalk

DEARBORN, Mich., Sept. 1 /PRNewswire/ -- The fashion shows in New York kick off a month-long journey around the globe for designers to unveil their much-anticipated Spring 2006 collections. These events have become the "Super Bowl of Style" -- an all out glamfest, with pre-parties, after-parties, spas and swag suites, all made possible by sponsors of everyday products that might not even be wearable, but are certainly elements of one's personal style.

The perks of this elite week in Manhattan, typically reserved for A-listers and "celebutantes," will now go from the catwalk to the sidewalk, thanks to sponsors like the all new 2006 Mercury Milan sedan.

"The Mercury Milan target customer is the 'stylish Jane,' whose interaction with Fashion Week up until now has been confined to reading about the hottest trends on the runway in glossy magazines. We wanted to find a way to extend the fun and excitement of Fashion Week to these style-savvy consumers," said Laura Soave Stoppa, Mercury Milan Marketing Manager.

Beginning Sept. 9, Mercury Milan will give all New Yorkers the chance to look a bit more fashionable with three days of complimentary makeup and hair consultations and touch ups on the sidewalk in front of the StyleLounge. StyleLounge is a one-stop destination for Spring 2006 New York City Fashion Week, centrally located at Times Square Studios, just blocks away from the Bryant Park tents. The StyleLounge offers a turnkey show space for top designers, as well as a press room and after-party events during Fashion Week.

No Reserved Seating Needed for the Hottest Ticket in Town

Runway shows are the hottest ticket in town during Fashion Week, but on Saturday, Sept. 10, Mercury Milan truly is making fashion available to everyone. David Rodriguez and Andrew Harmon will debut their Spring 2006 collections at the first-ever indoor/outdoor runway, extending out onto the sidewalk of 43rd Street and Broadway. The Milan will also play a starring role in each of the designers' all-important runway finales.

"Andrew and I are thrilled about Mercury's plans for our shows at the StyleLounge. While we regularly dress superstars and celebrities, this year we will be able also to present our collections directly to our customers in a dramatic, yet accessible way," said designer David Rodriguez.

As the Mercury brand continues to evolve, it was clear that the Milan was the natural fit for Fashion Week. The car's design team gave it a sophisticated color palette (tinted neutrals, rich blacks, muted grays and deep blues) and a two-toned leather interior with contrast stitching inspired by the construction of upscale handbags, shoes and leather goods sourced from around the world.

Mercury's hallmarks of upscale, quality materials and an attention to detail provide a dramatic departure from the many "plain vanilla" mid-size sedans on the market today. The Milan's exterior features Mercury's signature cues -- the dramatic waterfall grille, clean lines, distinct rear treatments and satin aluminum finishes. The Mercury Milan brings a fresh flair to the interior design of mid-size cars by carrying the exterior's modernity and clean surfaces through to the cabin.

About Mercury

Mercury is a brand of the Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., which manufactures and distributes automobiles in 200 markets across six continents. With more than 328,000 employees worldwide, the company's automotive brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive- related services include Ford Credit, Quality Care and Hertz. Ford Motor Company celebrated its 100th anniversary on June 16, 2003.

About StyleLounge

StyleLounge -- www.styleloungenyc.com, a one-stop destination for Spring 2006 New York City Fashion Week, will be centrally located at Times Square Studios this season, just blocks away from the fashion week tents. This season, the StyleLounge offerings to the Fashion elite will include live runway broadcasts on the Times Square Reuters(R) Media Board to the tens of thousands of Times Square pedestrians. Developed by LIVEstyle Entertainment, a leading marketing and event production company.

Go to http://media.ford.com/ for news releases and high-resolution photographs.

Source: Ford Motor Company

CONTACT: Lydia Cisaruk, +1-313-337-8299, lcisaruk@ford.com or Lisa
Kovitz, +1-212-614-5041, lisa_kovitz@nyc.bm.com

Web site: http://media.ford.com/
http:/// www.styleloungenyc.com

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Profile: 23

New Era Employees Support Victims of Hurricane Katrina

Buffalo-Area Employees Prepare Relief Shipment for Alabama Co-Workers

Donations from Local Residence for Alabama Victims Requested

DERBY, N.Y., Sept. 1 /PRNewswire/ -- New Era Cap Co. Inc., the Buffalo-area headwear manufacturer, announced that its local employees have rallied in support of the company's Alabama-area employees affected by the devastating blow that Hurricane Katrina handed them. In an effort to aid their Alabama co-workers, New Era's Buffalo-area employees are donating and collecting relief products for shipment to Alabama, where New Era has facilities in Demopolis, Jackson, and Mobile. The company has approximately 920 employees in Alabama.

"Our thoughts and prayers are with all of those affected by Hurricane Katrina," said New Era CEO Christopher H. Koch. "It is too early to truly know the full impact of this disaster to our country, or even our own employees and their families in that area, but we are greatly concerned about their well being and feel the urgency to support."

Tomorrow, Friday, September 2nd, at 2:00 p.m., a truck donated by TMSI, will be loaded up with collected non-perishables and toiletries will be driven to New Era's Jackson, Alabama facility, where the much needed items will be distributed to employees there and in Demopolis and Mobile, Alabama.

New Era is also calling for Buffalo-area residents to take up the charge of helping victims of the hurricane by donating items for the relief package being sent to Alabama. The company is prepared to receive donations at its Derby location, 8061 Erie Rd., beginning immediately today, Thursday, September 1 until 4:30 p.m., this afternoon, through tomorrow, Friday, September 2nd from 8:00 a.m. - 12 noon. Appropriate donation items include bottled water and packaged beverages, powdered milk and baby formula, jarred baby food, non-perishable meats (pouched & canned tuna, ham and dried beef products), ready to eat foods (crackers and canned fruit), flash lights, batteries, paper products, pampers, disinfectant and baby wipes, hand sanitizers and other personal hygiene items.

Although early inspections of New Era's Alabama facilities revealed that its facilities were relatively unharmed, employees of the company were affected to varying degrees in the three locations; some were unaffected while others lost their homes and cars due to the rain/flooding, fallen trees and debris.

New Era's facilities were closed late last week. The Demopolis and Jackson facilities were re-opened on Tuesday evening for 3rd shift embroidery. Power was restored in Mobile yesterday and employees were called to return to work for this morning's first shift.

New Era Cap is a Derby, NY-based sports headwear designer, developer and manufacturer, with sales offices in Canada, Europe and Japan. Making more than 20 million licensed and non-licensed, performance and fashion units per year, New Era is the exclusive manufacturer and marketer of Major League Baseball's official uniform caps, worn on the field of play by every Major and Minor League player; its other licenses include National Basketball Association, National Hockey League, Arena Football, NCAA Champions, College - Bowl Games and National Championships and Little League. Founded in 1920, New Era is a privately owned company employing more than 1,500 people in New York and Alabama and overseas. New Era is a Category A member of the Fair Labor Association.

Source: New Era Cap Co. Inc.

CONTACT: Crystal Howard, New Era Cap Co. Inc., +1-716-400-3057 (cell),
crystal.howard@neweracap.com

Web site: http://neweracap.com/

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Profile: 23

Ross Stores Reports August Sales

PLEASANTON, Calif., Sept. 1 /PRNewswire-FirstCall/ -- Ross Stores, Inc. (NASDAQ:ROST) today reported sales of $388 million for the four week period ended August 27, 2005, up 24% from the $312 million in sales for the four weeks ended August 28, 2004. Comparable store sales for the same period increased 13% versus an 8% decline in the prior year.

For the seven month year-to-date period ended August 27, 2005, sales rose to $2.684 billion, a 16% increase from the $2.313 billion in sales in the prior year's comparable period ended August 28, 2004. Comparable store sales for the same period grew 6%.

Michael Balmuth, Vice Chairman, President and Chief Executive Officer, stated, "Same store sales in August were better than expected, benefiting from continued strength in the back-to-school businesses of Juniors and Shoes. The best performing markets during the month were Florida and the Southwest. We are also pleased that most of the higher-than-planned business during August was driven by full-margin sales, as markdowns were in line with expectations."

"Looking ahead, we are optimistic about meeting our current forecasts for comparable store sales gains of 6% to 7% and 3% to 4%, respectively, in September and October," Mr. Balmuth said. "However, we also are conducting an annual chain-wide physical inventory in all stores during the third quarter, the first such inventory since September 2004. Considering the system and distribution issues we have experienced during the last year, we believe it is prudent to defer any updates to our earnings guidance until this inventory is complete and results become available at the end of the quarter."

Additional recorded information concerning today's press release and the Company's future outlook can be accessed by calling 402-220-5900, PIN #2363, from 8:30 a.m. Eastern time on September 1, 2005 through 8:00 p.m. Eastern time on September 2, 2005. A transcript of these comments also will be made available on the press release page of the Company's website at http://www.rossstores.com/. The Company expects to report sales results for the five weeks ending October 1, 2005 on Thursday, October 6th.

Forward-Looking Statements: This press release and the recorded comments and transcript on the Company's website contain forward-looking statements regarding expected sales and earnings levels that are subject to risks and uncertainties which could cause the Company's actual results to differ materially from management's current expectations. The words "plan," "expect," "anticipate," "estimate," "believe," "forecast," "projected," "guidance," "looking ahead" and similar expressions identify forward-looking statements. Risk factors for Ross Stores and dd's DISCOUNTS(R) include, without limitation, the Company's ability to effectively operate and integrate various new supply chain and core merchandising systems, including generation of all necessary information in a timely and cost effective manner; achieving and maintaining targeted levels of productivity and efficiency in its distribution centers; obtaining acceptable new store locations; competitive pressures in the apparel industry; changes in the level of consumer spending on or preferences for apparel or home-related merchandise; changes in geopolitical and general economic conditions; unseasonable weather trends; disruptions in supply chain; lower than planned gross margin, including higher than planned markdowns and higher than expected inventory shortage; and greater than planned operating costs. Other risk factors are detailed in the Company's SEC filings, including without limitation the Form 10-K for fiscal 2004 and the Form 10-Q's and Form 8-K's for fiscal 2005. The factors underlying our forecasts are dynamic and subject to change. As a result, our forecasts speak only as of the date they are given and do not necessarily reflect the Company's outlook at any other point in time. The Company does not undertake to update or revise these forward-looking statements.

Ross Stores, Inc., a Fortune 500 and Nasdaq 100 (ROST) company headquartered in Pleasanton, California, is the nation's second largest off- price company with fiscal 2004 revenues of $4.2 billion. As of August 27, 2005, the Company operated 692 Ross stores and 19 dd's DISCOUNTS(R) locations, compared to 622 Ross stores and 5 dd's DISCOUNTS(R) locations at the end of the same period last year. Ross Stores offers first-quality, in-season, name brand and designer apparel, accessories, footwear and home fashions for the entire family at everyday savings of 20 to 60 percent off department and specialty store regular prices. dd's DISCOUNTS(R) features a more moderately- priced assortment of first-quality, in-season, name brand apparel, accessories, footwear and home fashions for the entire family at everyday savings of 20 to 70 percent off moderate department and discount store regular prices. Additional information is available on the Company's website at http://www.rossstores.com/.

Source: Ross Stores, Inc.

CONTACT: John G. Call, Senior Vice President, Chief Financial Officer,
+1-925-965-4315, or Katie Loughnot, Vice President, Investor Relations,
+1-925-965-4509, or katie.loughnot@ros.com, both of Ross Stores, Inc.

Web site: http://www.rossstores.com/

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Profile: 23

Gap Inc. Reports August Sales Down 5 Percent; Comparable Store Sales Down 9 Percent

SAN FRANCISCO, Sept. 1 /PRNewswire-FirstCall/ -- Gap Inc. (NYSE:GPS) today reported net sales of $1.17 billion for the four-week period ended August 27, 2005, which represents a 5 percent decrease compared with net sales of $1.23 billion for the same period ended August 28, 2004. The company's comparable store sales for August 2005 decreased 9 percent compared with a 1 percent decrease in August 2004.

Comparable store sales by division for August 2005 were as follows:

* Gap North America: negative 7 percent versus negative 1 percent last
year
* Banana Republic North America: negative 6 percent versus flat last year
* Old Navy North America: negative 11 percent versus negative 1 percent
last year
* Gap International: negative 6 percent versus negative 10 percent last
year

"The negative trends that we discussed on our second quarter earnings call continued and as such, August sales results were disappointing and merchandise margins were slightly below last year," said Sabrina Simmons, Senior Vice President, Treasury and Investor Relations.

Year-to-date net sales of $8.5 billion for the thirty weeks ended August 25, 2005, decreased 1 percent compared with net sales of $8.6 billion for the same period ended August 28, 2004. The company's year-to-date comparable store sales decreased 5 percent compared with a 3 percent increase in the prior year.

As of August 25, 2005, Gap Inc. operated 3,050 store locations compared with 3,016 store locations last year.

For more detailed information, please call 800-GAP-NEWS to listen to Gap Inc.'s monthly sales recording. International callers may call 706-634-4421.

Forward-Looking Statements

This press release and related recording contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than those that are purely historical are forward-looking statements. Words such as "expect," "anticipate," "believe," "estimate," "intend," plan," and similar expressions also identify forward-looking statements. Forward-looking statements include, without limitations, statements regarding inventory per square foot for the third quarter of 2005.

Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause the Company's actual results to differ materially from those in the forward-looking statements. These factors include, without limitation, the following: the risk that the Company will be unsuccessful in gauging fashion trends and changing consumer preferences; the highly competitive nature of the Company's business in the U.S. and internationally and its dependence on consumer spending patterns, which are influenced by numerous other factors; the risk that the Company will be unsuccessful in identifying and negotiating new store locations effectively; the risk that comparable store sales and margins will experience fluctuations; the risk that the Company will be unsuccessful in implementing its strategic, operating and people initiatives; the risk that adverse changes in the Company's credit ratings may have a negative impact on its financing costs and structure in future periods; the risk that trade matters, events causing disruptions in product shipments from China and other foreign countries, or IT systems changes may disrupt the Company's supply chain or operations; and the risk that the Company will not be successful in defending various proceedings, lawsuits, disputes, claims, and audits; any of which could impact net sales, costs and expenses, and/or planned strategies. Additional information regarding factors that could cause results to differ can be found in the Company's Annual Report on Form 10-K for the fiscal year ended January 29, 2005. Readers should also consult the Company's Quarterly Report on Form 10-Q for fiscal quarter ended July 30, 2005.

Future economic and industry trends that could potentially impact net sales and profitability are difficult to predict. These forward-looking statement are based on information as of September 1, 2005, and the Company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

Gap Inc. Copyright Information

All recordings made on 800-GAP-NEWS have been recorded on behalf of Gap Inc. and consist of copyrighted material. They may not be re-recorded, reproduced, retransmitted or rebroadcast without Gap Inc.'s express written permission. Your participation represents your consent to these terms and conditions, which are governed under California law.

Investor Relations: Media Relations:
Mark Webb Kris Marubio
415-427-2161 415-427-1798

Source: Gap Inc.

CONTACT: investors, Mark Webb, 415-427-2161, or media, Kris Marubio, 415-
427-1798, both for Gap Inc.

Web site: http://www.gapinc.com/

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Profile: 23

Guess?, Inc. Reports 6.4% Increase in August Comparable Store Sales

Total Retail Sales for August Increase 16.4%

LOS ANGELES, Sept. 1 /PRNewswire-FirstCall/ -- Guess?, Inc. (NYSE:GES) today reported that total August retail sales for the four weeks ended August 27, 2005 were $53.4 million, an increase of 16.4% from sales of $45.9 million for the four weeks ended August 28, 2004. Comparable store sales for the August period increased 6.4%.

Guess?, Inc. designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, accessories and related consumer products. At August 27, 2005 the Company owned and operated 302 retail stores in the United States and Canada. The Company also distributes its products through better department and specialty stores around the world. For more information about the Company, please visit www.guess.com.

Except for historical information contained herein, certain matters discussed in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are only expectations, and involve known and unknown risks and uncertainties, which may cause actual results in future periods and other future events to differ materially from what is currently anticipated. Factors which may cause actual results in future periods to differ from current expectations include, among other things, the continued availability of sufficient working capital, the successful integration of acquisitions and new stores into existing operations, the continued desirability and customer acceptance of existing and future product lines (including licensed product lines), possible cancellations of wholesale orders, the success of competitive products, and the availability of adequate sources of capital. In addition to these factors, the economic and other factors identified in the Company's most recent annual report on Form 10-K for the fiscal year ended December 31, 2004, including but not limited to the risk factors discussed therein, could affect the forward-looking statements contained herein and in the Company's other public documents.

Contact: Carlos Alberini
President & Chief Operating Officer
(213) 765-3582

Frederick G. Silny
SVP & Chief Financial Officer
(213) 765-3289

Source: Guess?, Inc.

CONTACT: Carlos Alberini, President & Chief Operating Officer,
+1-213-765-3582, or Frederick G. Silny, SVP & Chief Financial Officer,
+1-213-765-3289, both of Guess?, Inc.

Web site: http://www.guess.com/

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Profile: 23

Consumers Can Find a Great Fit in a Pair of Jeans in 10 Seconds

Levi's(R) Brings 'Fit Experience' to Malls and Permanently Installs in Levi's(R) Stores for Fall Shopping Season

SAN FRANCISCO, Sept. 1 /PRNewswire/ -- With the increased number of denim brands in the market today, the proliferation of choices often makes it confusing and frustrating for consumers to find a great fit in a pair of jeans. This fall, The Levi's(R) brand is bringing a new electronic body measurement system, the Levi's(R) Fit Experience, on a 12-market tour across the U.S. to help consumers easily find a great fit in a pair of jeans in approximately 10 seconds.

When a fully clothed person steps into the cylindrical glass booth, the Levi's(R) Fit Experience will scan the person in approximately 10 seconds and print out recommended sizes and styles of Levi's(R) Jeans cross referenced with his or her measurements. Following, Levi's(R) stylists will personally work with customers to help them determine which of the listed jeans styles best fit their needs.

On the heels of a successful seven-market "test" in spring 2005, Levi's(R) will continue its "Fit Experience" mall tour in select U.S. markets throughout the fall shopping season. Additionally, in keeping with its leadership position, the Levi's(R) brand also will permanently install the body scanners in most of its stores by Nov. 30, 2005. Levi's(R) is the first denim brand to both test the new scanner and to permanently install the Fit Experience in-store.

"With so many styles and brands available, it's easy to understand why consumers struggle to find truly great fitting jeans," said Amy Gemellaro, Levi's(R) brand director, presence & publicity. "We've been perfecting the fit of jeans for more than 130 years and continue to use our expertise and the latest technology like the Levi's(R) Fit Experience to provide the best overall range of jeans in the market today."

Market Tour Schedule

The Levi's(R) Fit Experience tour will hit select malls and Levi's(R) Stores from Sept. through Oct. 2005:

* Woodbridge, N.J.: Sept. 3-5 -- Woodbridge Center
* Houston: Sept. 6-8 -- The Levi's(R) Store, Houston Galleria;
Sept. 10-12 -- Willowbrook Mall
* Baltimore: Sept. 8-10 --- White Marsh Mall
* New York: Sept. 12-14 -- Levi's(R) Store, Lexington Ave.
* Albuquerque, N.M.: Sept. 15-17 -- Coronado Center
* Pineville, N.C.: Sept. 17-19 -- Carolina Place
* Tucson, Ariz.: Sept. 19-21 -- Tucson Mall
* Augusta, Ga.: Sept. 21-23 -- Augusta Mall
* San Diego: Sept. 23-25 -- Chula Vista Center;
Sept. 27-29 - The Levi's(R) Store, Horton Plaza
* Miami: Sept. 26-28 -- Pembroke Lakes Mall
* Northridge, Calif.: Oct. 1-3 -- Northridge Fashion Center
* Costa Mesa, Calif.: Oct. 5-7 -- South Coast Plaza

About Levi's(R)

Invented in 1873 by Levi Strauss, Levi's(R) Jeans are the original, authentic jeans. The Levi's(R) brand offers the widest range of great fitting jeans on the market, with a style and fit for every body and they are the most successful, widely recognized and often imitated products in the history of apparel. Levi's(R) Jeans have captured the attention, imagination and loyalty of generations of diverse individuals in more than 100 countries around the world and continue to do so today through jeanswear innovation. Levi Strauss & Co. has been a leading brand for more than 150 years.

For more information about Levi's(R) brand products and Levi's(R) Stores, visit www.levi.com.

Source: Levi Strauss & Co.

CONTACT: Anita Odle of PainePR, +1-949-809-6776, aodle@painepr.com, for
Levi Strauss & Co.; or Amy Gemellaro of Levi Strauss & Co., +1-415-501-6178,
agemellaro@levi.com

Web site: http://www.levi.com/

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Profile: 23

The Gymboree Corporation Reports August Sales

SAN FRANCISCO, Sept. 1 /PRNewswire-FirstCall/ -- The Gymboree Corporation (NASDAQ:GYMB) reported net sales from retail operations for the four-week period ended August 27, 2005, of $44.1 million, an increase of 3% compared to net sales from continuing retail operations of $42.7 million for the same four-week period last year. Comparable store sales for the four-week period decreased 1% compared to a 3% decrease in comparable store sales for the same period last year.

The Company continues to expect that comparable store sales for the third quarter will be flat to slightly positive compared to the prior year.

The Company also announced that it had a very successful opening of its first Gymboree outlet during the last week of the month and plans to open six additional outlet stores during September.

"We are pleased with the sales performance for the month," said Lisa Harper, Chairman and CEO. "In an effort to optimize our productivity, we have shifted the timing of some promotions to later in the quarter. We are on track to meet the goals we have set for the quarter and, more importantly, we are starting to see the benefit of lower product costs in gross margins."

The Company reiterated its guidance for earnings from continuing operations for the third and fourth fiscal quarters of 2005 to be in the range of $0.20 to $0.22 and $0.30 to $0.33 per diluted share, respectively. For the full fiscal year 2005, the Company continues to anticipate its earnings from continuing operations to be in the range of $0.55 to $0.60 per diluted share.

Management Presentations

For more information about August sales, please listen to The Gymboree Corporation's monthly sales recording by calling the Company's Investor Relations Hotline at 415-278-7933. The recording will be available Thursday, September 1 at 7:55 a.m. ET through Wednesday, September 7 at 11:59 p.m. PT.

About The Gymboree Corporation

The Gymboree Corporation's specialty retail brands offer unique, high- quality products delivered with personalized customer service. As of August 27, 2005, the Company operated a total of 648 stores: 572 Gymboree(R) retail stores (544 in the United States and 28 in Canada), 60 Janie and Jack(R) retail shops and 16 Janeville(R) stores in the United States. The Company also operates online stores at http://www.gymboree.com/ and http://www.janieandjack.com/, and offers directed parent-child developmental play programs at 515 franchised and company-operated centers in the United States and 23 other countries.

Forward-Looking Statements

The foregoing sales figures for the four-week period ended August 27, 2005, are un-audited and subject to quarter-end and year-end adjustment, and could differ materially from the financial information indicated. The foregoing paragraphs contain forward-looking statements relating to The Gymboree Corporation's anticipated sales growth and future financial performance. These are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Actual results could differ materially as a result of a number of factors, including customer reactions to new merchandise, service levels and new concepts, success in meeting our delivery targets, the level of our promotional activity, unanticipated costs actually incurred in connection with the wind down of our UK and Ireland operations, our gross margin achievement, our ability to appropriately manage inventory, general economic conditions, effects of future embargos from countries used to source product, and competitive market conditions. Other factors that may cause actual results to differ materially include those set forth in the reports that we file from time to time with the Securities and Exchange Commission, including our annual report on Form 10-K for the year-ended January 29, 2005. These forward-looking statements reflect The Gymboree Corporation's expectations as of September 1, 2005. The Gymboree Corporation undertakes no obligation to update the information provided herein.

Gymboree and Janie and Jack are registered trademarks of The Gymboree Corporation. Janeville is a trademark of The Gymboree Corporation.

Source: The Gymboree Corporation

CONTACT: Investor Relations: Blair W. Lambert, +1-415-278-7933,
investor_relations@gymboree.com, or Media Relations: Kimberly Kim,
+1-415-278-7472, media_relations@gymboree.com, both of Gymboree

Web site: http://www.gymboree.com/
http://www.janieandjack.com/

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Profile: 23

Ann Taylor Announces August 2005 Sales Results

NEW YORK, Sept. 1 /PRNewswire-FirstCall/ -- Ann Taylor Stores Corporation (NYSE:ANN) announced today that total net sales for the four-week period ended August 27, 2005 increased 16.3 percent to $134,103,000 over total net sales of $115,311,000 for the four-week period ended August 28, 2004. By division, net sales were $53,126,000 for Ann Taylor compared to $49,183,000 last year, and $66,783,000 for Ann Taylor LOFT compared to $54,414,000 last year.

Comparable store sales for the period increased 3.7 percent compared to a comparable store sales decrease of 4.5 percent for the same four-week period last year. By division, comparable store sales for August 2005 were up 5.6 percent for Ann Taylor compared to an 8.0 percent decrease last year, and up 1.9 percent for Ann Taylor LOFT compared to a 2.7 percent increase last year.

Ann Taylor President, Kay Krill, stated, "Our performance in August was in line with our expectations, and our client responded well to newer merchandise at both divisions. At Ann Taylor, the wear-now aspect and refined sensibility of our merchandise is resonating well with our client, especially in suiting and relaxed business as well as dresses, skirts and tops. At LOFT, our transitional product, especially in our relaxed business and dressy casual wear, was strong. We are confident that our leaner inventory position combined with improved, more brand-appropriate merchandise will enable the Company to deliver improved margins leading to enhanced shareholder value."

Total inventory levels at the end of August were down approximately 15 percent on a per square foot basis compared to the same period last year. By division, inventory levels on a per square foot basis were down approximately 20 percent for Ann Taylor and down approximately 7 percent for Ann Taylor LOFT.

During the month, the Company opened nine Ann Taylor LOFT stores and one Ann Taylor Factory store. The total store count at month end was 792, comprised of 361 Ann Taylor stores, 384 Ann Taylor LOFT stores, and 47 Ann Taylor Factory stores. Total square footage at the end of August 2005 increased 15.0 percent over the same period last year.

For the fiscal year-to-date period ended August 27, 2005, total net sales were $1,119,233,000 up 9.6 percent from $1,021,191,000 last year. By division, net sales for the fiscal year-to-date period were $471,091,000 for Ann Taylor compared to $484,268,000 last year, and $535,576,000 for Ann Taylor LOFT compared to $448,342,000 last year. Comparable store sales for the fiscal year-to-date period were down 2.7 percent compared to a 7.6 percent increase last year. Comparable store sales by division for the fiscal year-to-date period were down 4.4 percent for Ann Taylor compared to a 1.2 percent increase last year, and down 1.9 percent for Ann Taylor LOFT compared to an 18.7 percent increase last year.

Ann Taylor is one of the country's leading women's specialty retailers, operating 792 stores in 46 states, the District of Columbia and Puerto Rico, and also Online Stores at http://www.anntaylor.com/ and http://www.anntaylorloft.com/ as of August 27, 2005.

FORWARD-LOOKING STATEMENTS

Certain statements in this press release are forward-looking statements, made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements may use the words "expect," "anticipate," "plan," "intend," "project," "may," "believe" and similar expressions. These forward-looking statements reflect the Company's current expectations concerning future events, and actual results may differ materially from current expectations or historical results. Any such forward-looking statements are subject to various risks and uncertainties, including failure by the Company to predict accurately client fashion preferences; decline in the demand for merchandise offered by the Company; competitive influences; changes in levels of store traffic or consumer spending habits; effectiveness of the Company's brand awareness and marketing programs; the inability of the Company to secure and protect trademarks and other intellectual property rights in the United States and/or foreign countries; general economic conditions or a downturn in the retail industry; the inability of the Company to locate new store sites or negotiate favorable lease terms for additional stores or for the expansion of existing stores; lack of sufficient consumer interest in the Company's Online Stores; a significant change in the regulatory environment applicable to the Company's business; risks associated with the possible inability of the Company, particularly through its sourcing and logistics functions, to operate within production and delivery constraints; the impact of quotas, and the elimination thereof; an increase in the rate of import duties or export quotas with respect to the Company's merchandise; financial or political instability in any of the countries in which the Company's goods are manufactured; the potential impact of natural disasters and health concerns relating to severe infectious diseases, particularly on manufacturing operations of the Company's vendors; acts of war or terrorism in the United States or worldwide; work stoppages, slowdowns or strikes; the inability of the Company to hire, retain and train key personnel, and other factors set forth in the Company's filings with the SEC. The Company does not assume any obligation to publicly update or revise any forward-looking statements at any time for any reason.

Source: Ann Taylor

CONTACT: Eileen O'Connor, Vice President, Investor Relations,
+1-212-541-3484, or Jim Smith, Chief Financial Officer, +1-212-541-3547, both
of Ann Taylor

Web site: http://www.anntaylor.com/
http://www.anntaylorloft.com/

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Profile: 23

Christopher & Banks Corporation Declares Quarterly Cash Dividend

MINNEAPOLIS, Sept. 1 /PRNewswire-FirstCall/ -- Christopher & Banks Corporation (NYSE:CBK) today announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share, to be payable October 4, 2005, to shareholders of record at the close of business on September 19, 2005.

Christopher & Banks Corporation is a Minneapolis-based specialty retailer of women's clothing. The Company currently operates 674 women's specialty stores in 45 states under the names: Christopher & Banks, C.J. Banks and Acorn. The Company currently has 487 Christopher & Banks stores, 166 C.J. Banks stores and 21 Acorn stores.

This release contains forward-looking statements regarding future performance of the Company. The achievement of such results is subject to certain risks and uncertainties, including changes in economic, market and weather conditions, the effect of consumer tastes and spending habits, the realization of expected economies gained through the use of private label and direct import merchandise, management of growth and other factors outside the Company's control, including factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances that may arise after the date hereof.

Source: Christopher & Banks Corporation

CONTACT: Investor Relations, Melissa Myron/Rachel Albert, both of
Financial Dynamics, +1-212-850-5600, for Christopher & Banks Corporation

Web site: http://www.christopherandbanks.com/

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Profile: 23

Nordstrom August Same-Store Sales Increase 8.0 Percent

SEATTLE, Sept. 1 /PRNewswire-FirstCall/ -- Nordstrom, Inc. (NYSE:JWN) today reported preliminary sales of $472.9 million for the four-week period ending August 27, 2005, an increase of 9.5 percent compared to sales of $431.8 million for the four-week period ending August 28, 2004. Same-store sales increased 8.0 percent(1).

(Logo: http://www.newscom.com/cgi-bin/prnh/20001011/NORDLOGO )

Preliminary year-to-date sales of $4.2 billion increased 8.0 percent compared to sales of $3.9 billion in 2004. Year-to-date same-store sales increased 6.4 percent.

During the month of September, Nordstrom will open two new stores; The Shops at La Cantera in San Antonio, Texas on September 16th and at The Irvine Spectrum in Irvine, Calif. on September 30th.

SALES RECORDING

To hear Nordstrom's prerecorded August sales message, please dial (402) 220-6036. This recording will be available for one week.

SALES SUMMARY Total Sales Same-store Sales(1)
(unaudited; Fiscal Fiscal Percent Total Full-line Rack
$ in millions) 2005 2004 Increase Retail Stores Stores
August $472.9 $431.8 9.5% 8.0% 8.6% 11.0%
Year-to-date $4,233.9 $3,920.7 8.0% 6.4% 5.3% 16.1%

Number of stores
Full-line 95 93
Rack and other 57 56
International
Faconnable
boutiques 32 31
Total 184 180
Gross square
footage 19,579,000 19,289,000

FUTURE REPORTING DATES

Nordstrom's financial release calendar for the next several months is currently planned as follows:

September Sales Release Thurs., Oct. 6, 2005
October Sales Release Thurs., Nov. 3, 2005
Q3 Earnings Thurs., Nov. 17, 2005
November Sales Release Thurs., Dec. 1, 2005

Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 152 US stores located in 27 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 95 full-line stores, 49 Nordstrom Racks, five Faconnable boutiques, one free-standing shoe store, and two clearance stores. Nordstrom also operates 32 international Façonnable boutiques in Europe. Additionally, Nordstrom serves customers through its online presence at http://www.nordstrom.com/ and through its catalogs. Nordstrom, Inc. is publicly traded on the NYSE under the symbol JWN.

Investor Contact: Media Contact:
Stephanie Allen, 206-303-3262 Deniz Anders, 206-373-3038

(1) Effective February 2005, Nordstrom Direct sales, which include catalog
and Internet, are included in Total Retail same-store sales. To serve
as a basis for comparison, as this was not the case last year, a
presentation of 2004 monthly, quarterly and full-year same-store sales
that includes Nordstrom Direct is available on the Investor Relations
homepage of our website under Recent Reports.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001011/NORDLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com
Source: Nordstrom, Inc.

CONTACT: Investors, Stephanie Allen, 206-303-3262, or Media, Deniz
Anders, 206-373-3038, both for Nordstrom, Inc.

Web site: http://www.nordstrom.com/

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Profile: 23

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Friday, September 02, 2005

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Thursday, September 01, 2005

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New Era Employees Support Victims of Hurricane Katrina

Ross Stores Reports August Sales

Gap Inc. Reports August Sales Down 5 Percent; Comparable Store Sales Down 9 Percent

Guess?, Inc. Reports 6.4% Increase in August Comparable Store Sales

Consumers Can Find a Great Fit in a Pair of Jeans in 10 Seconds

The Gymboree Corporation Reports August Sales

Ann Taylor Announces August 2005 Sales Results

Christopher & Banks Corporation Declares Quarterly Cash Dividend

Nordstrom August Same-Store Sales Increase 8.0 Percent