Vicki M. Young

A look from Choosy.

Financial

Choosy Secures $5.4 Million Seed Round

The on-demand social shopping platform uses AI with trend scouting to identify the top fashion looks each week.

clock May 15, 2018Vicki M. Young

Financial

Rael Closes on $2.1M Pre-Series A Round

SoftBank Ventures Korea and Thrive Market Ventures are investors in the round.

clock May 15, 2018Vicki M. Young

This, photo shows a Sears store in Hialeah, Fla. Sears Holdings Corp. reported earnings on Thursday, May 25, 2017. Sears' extended decline in sales continued during the first quarter and the storied retailer vowed additional spending cuts to offset its slowing businessEarns-Sears Holdings, Hialeah, USA - 11 May 2017

Mergers and Acquisitions

Sears Starts Formal Proceedings to Sell Certain Assets

One analyst believes the sale process means the retailer is in deeper financial distress than previously suspected.

clock May 14, 2018Vicki M. Young

A Rockport storefront.

Financial

Footwear Firm Rockport Group Files Chapter 11 Petition

An affiliate of Charlesbank Equity Fund IX has agreed to be the “stalking horse” for Rockport’s assets.

clock May 14, 2018Vicki M. Young

A look from the BCBG spring campaign.

Markets

BCBG in Growth Mode Again Under Marquee Brands

In addition to handbags and footwear, beauty and BCBGirls also are on the horizon.

clock May 14, 2018Vicki M. Young

Inside the John Hardy store at the Aventura Mall.

Retail

John Hardy Sets Retail Expansion Strategy

The handcrafted, Balinese jewelry brand plans to open two U.S. stores and one outlet store this year, and at least two more U.S. stores in 2019.

clock May 10, 2018Vicki M. Young

A selection of totes from Boon Supply.

Fashion Scoops

Lily Kanter Returns to Retail With Boon Supply

Fifty percent of all sales at Boon Supply supports charitable organizations.

clock May 10, 2018Vicki M. Young

Mergers and Acquisitions

Sequential Brands Divested Revo in Q1

The company expects to complete its refinancing in the second quarter.

clock May 9, 2018Vicki M. Young

People entering Sears store, Yorkdale Shopping Centre, Toronto, Canada, Northern AmericaVARIOUS

Fashion Scoops

Lampert Takes to Blogging Before Sears Annual Meeting

Lampert says he’s “invested in Sears Holdings — in every sense of the word.”

clock May 9, 2018Vicki M. Young

Alex Spiro, Jay Z's attorney, leaving the courthouse at 40 Foley Square.

Fashion Scoops

Court Orders Jay Z to Testify in SEC Deposition

His attorneys and the SEC squared off on the agency’s request to depose Jay Z in connection to the SEC’s probe of Iconix Brand Group.

clock May 8, 2018Vicki M. Young

jay z at rocawear party 2010

Fashion Scoops

Jay Z’s Lawyers and SEC to Square Off in Court

The SEC said the deposition could last one day, provided Jay Z is “cooperative and responsive.”

clock May 8, 2018Vicki M. Young

Jay Z, Beyonce KnowlesThe Weinstein Company Pre-Oscars Dinner, Los Angeles, USA - 25 Feb 2017

Legal

Jay Z’s Lawyers: SEC Request Without Limit Is ‘Overreaching’

Nine subpoenas resulted in nearly 11,000 pages of documentation connected to the Iconix-Rocawear deal.

clock May 7, 2018Vicki M. Young

Ashlyn Harris in ads for Umbro.

Financial

Iconix Shares Rise on Q1 Results

Separately, a judge ordered Jay Z to testify on why he should not be required to answer SEC questions over Iconix’s purchase of his apparel line Rocawear.

clock May 4, 2018Vicki M. Young

Lee Jeans

Financial

VF’s Transitional Quarter Beats on EPS, Revenues

The three months is the equivalent of VF’s fourth quarter under its new calendar reporting period.

clock May 4, 2018Vicki M. Young

jay z at rocawear party 2010

Fashion Scoops

SEC Seeking Jay Z Testimony on Rocawear-Iconix Deal

At this point in time, the SEC is just seeking information regarding the Rocawear-Iconix deal.

clock May 3, 2018Vicki M. Young

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Essentialist

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Business

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Social Studies