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July 09, 2008
financial industry
July 09, 2008
Seeking to extend its buying spree, NRDC Equity Partners, owner of Lord & Taylor and Fortunoff, is aggressively pursuing Hudson's Bay Co. of Canada, sources said.
July 09, 2008
Five years after launching his namesake business, Derek Lam is moving ahead with the help of a new financial partner.
Surprise, surprise.

The house of Angelo Tarlazzi is the latest fashion player to attract a private equity partner.

Marks and Spencer Group plc shares spiked almost 7 percent on the London Stock Exchange Tuesday amid rumors of a potential takeover bid for the company.

Iraq isn't the first place that comes to mind for retail expansion, but at least one fashion company is venturing where none has gone.

Weak U.S. sales and skyrocketing costs sent earnings for Levi Strauss & Co. tumbling during the second quarter.

G-III Apparel Group Ltd. jumped into the outlet business Tuesday, paying $22.3 million to acquire the Wilsons The Leather Experts Inc. name and operations at 116 outlet stores.


Fast Stats
Top “stickiest” Web site in January: Fulltiltpoker.com

Average time person spent on the site: 10 hours, 22 minutes

Cumulative hours waited for all Web pages to download: 4.9 billion

Approximate number of book titles published in the U.S. over the past 12 months: 170,000

Value of the Government of Singapore Investment Corp.’s sovereign wealth fund: $330 billion
  Weekly % Changes
(ending Feb. 29)
  Gainers Change
  Orange 21 9.15
  Phoenix Footwear 6.40
  Wilsons 6.35
  Joe's Jeans 4.35
  Gap 3.70
     
  Decliners Change
  Duckwall-Alco -23.15
  Deckers Outdoor -12.51
  Hot Topic -10.53
  Dress Barn -8.41
  Tandy Leather Factory -7.53