Business News


Charney-Standard General Delaware Litigation Gets Temporary Quiet Period

A California judge is asked to review whether the legal quarrel between Dov Charney and Standard General could interfere with the American Apparel BK.


Valentino Explores Long-Term Options — Including an IPO

The fashion house and its parent, Mayhoola for Investments, may be eyeing an IPO — just not right away.

Real Estate

Macy’s Sells Four Floors of Seattle Store to Starwood Capital

The sale of underutilized space maximizes profitability and operational flexibility.

Stella McCartney

Government and Trade

Cargo Volume Rises as Holiday Season Approaches

The cargo report comes a day after NRF forecast 3.7 percent growth in holiday sales this year over 2014.

Human Resources

Celia Clancy New CEO of Joyce Leslie

Clancy took over the post on Tuesday.

Human Resources

Wal-Mart CFO to Retire, Company Names Brett Biggs to Role

Charles Holley, cfo and executive vice president, retires at the end of this year.

Mergers and Acquisitions

L Capital Invests in El Ganso

LVMH’s Asian investment arm has taken a 49 percent stake in Arcturus Capital, the holding company of El Ganso.


European Markets Make Modest Gains

The DAX in Frankfurt led the upswing in mid-morning trading on Friday.


Takashimaya H1 Profit Grows

The department store operator's net profit grew at a double-digit pace thanks to higher sales and a financial gain. Sales increased 1.8 percent.