Liz Claiborne COO to leave, won't be replaced
Liz Claiborne Chief Operating Officer Michael Scarpa is leaving the the apparel and accessories maker on November.
Fashion
Armani says designers find it hard to let go
Founding fashion designers need to learn to let go of their companies even though it hurts, according to the doyen of Italian fashion, Giorgio Armani.
INTERVIEW-Russian luxury market showing cracks-Mercury
Russia, the fourth largest luxury goods market and one of the world's fastest growing, is being hit by the financial crisis, the managing director of the country's biggest luxury goods...
Luxottica CEO says 2008 tough, relaxed for future
The chief executive of Italian eyewear maker Luxottica said 2008 was a tough year but he felt relaxed about the future.Luxottica, the world's biggest eyewear maker, said in July net...
H&M Sept same-store sales sag as crisis weighs
Swedish fashion giant Hennes & Mauritz reported on Wednesday a 2 percent year-on-year fall in sales at established stores in September as the growing crisis in the financial sector...
Talks between Ferre owner, Ngok still ongoing -GTP
Italy's GTP Holding remains in talks with a company represented by Chinese businessman Billy Ngok over a possible investment in fashion group IT Holding , GTP said on Wednesday, October...
Bon-Ton Stores sees FY08 loss at wider end of range
Apparel and home furnishings retailer Bon-Ton Stores Inc said it expects fiscal 2008 loss to be at the wider end of its outlook range, citing sales trends in the fall season and continued...
Jones slashes '08 earnings forecast, cites economy
Jones Apparel Group Inc slashed its earnings expectations for the full year on Tuesday, October 14th citing the economy's impact on consumer spending, and its shares fell 3 percent.
Hemlines rise in India fashion despite global doom
Skirts will inch up when Indian designers launch their new collections at two competing fashion shows this week despite a popular theory linking rising hemlines to a booming economy.
Adidas division to buy Ashworth for $1.90/shr
Golf inspired sportwear maker Ashworth Inc said it will be bought by TaylorMade-adidas Golf, a subsidiary of the Adidas , for $1.90 per share in cash, in a deal valued at about $26.5...
Collective Brands unit to launch "green" shoes
Footwear retailer Collective Brands Inc's unit, Payless ShoeSource, plans to launch a line of affordable eco-friendly shoes, marking the company's entry into the "go-green" movement that...
House of Fraser says not impacted by Iceland crisis
House of Fraser, Britain's third-largest department store group part-owned by Icelandic investor Baugur, reiterated on Monday it was unaffected by the economic crisis in Iceland.
Bon-Ton inventories hit by tighter credit-paper
Apparel and home furnishings retailer Bon-Ton Stores Inc is facing tightened credit for inventory deliveries as the crucial holiday season approaches, the New York Post reported, citing...
Billionaire UK retailer Green shops for a bargain
UK retailer Philip Green has made billions by spotting bargains and putting his own money on the line. Now he is looking for a deal to take control of swathes of Icelandic investor...
Billionaire retailer Green shops for a bargain
Retailer Philip Green has made billions by spotting bargains and putting his own money on the line. Now he is looking for a deal to take control of swathes of Icelandic investor Baugur's...
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