Credit watchdog Moody's downgraded the debt backing J. Crew to “Caa2” from “B3.”
CHEERS FOR BRAVO: Rose Marie Bravo, chairman and chief executive officer of Burberry, has been elected to the board of Estée Lauder Cos. Leonard A. Lauder, Lauder chairman, said in a statement: “We’re very pleased. Her extensive…
Anne Klein designer Charles Nolan has quit his fashion career to join the presidential campaign of Governor Howard Dean, Democrat of Vermont.
Goldman Sachs in London downgraded its stance on the European luxury sector due to concerns over an extended war in Iraq and the deadly SARS virus.