Credit watchdog Moody's downgraded the debt backing J. Crew to “Caa2” from “B3.”
Booming sales in Asia and stabilization in North America helped Levi Strauss & Co. put the skids on eight years of declining sales in 2005.
The signs were all there: A backer motivated to sell, without any obvious takers; a hard and fast sell by date, and a last-minute decision not to publish the January/February issue.
Max Azria has dressed his share of starlets, including Sarah Michelle Gellar, Nicole Richie and Jessica Biel.
Shiseido is to introduce two brands in the Japanese market this spring in hopes of reaching $6.4 billion in consolidated sales volume within the next three years.