Moody’s looked at issuers having a credit rating of “B2” or “B3.”
Companies that have transferred assets include J. Crew, Neiman Marcus and Claire’s Stores.
The brand’s new leader is looking to “rejuvenate” business with new product assortments and a bigger focus on catalog and e-commerce.
The write-off, along with sagging sales, will lead the company to steep fourth-quarter losses.
Zac Posen is the first designer to help Delta refresh its uniforms since Richard Tyler did the honors in 2006.
Stocks are slightly higher as Vera Bradley, Land’s End report quarterly earnings and L brand’s gives August sales.
Lands’ End and Eddie Bauer executives aren’t taking lightly allegations by PETA that both companies used down feathers that were provided by a farm in China that mistreated geese.