The mass-market beauty company had $96.8 million in sales for the first half of 2016.
Rights groups applaud the decision as a victory for individual and religious freedom.
Private equity firms Texas Pacific Group and Cerberus Capital Management are said to be in sale discussions with Jones Apparel Group.
A brief look at some of the day’s stories.
Fashion memoirist Emily Davies’ claim that her uncredited use of previously published material was an accident is seeming less credible.
Fragrance marketer Bond No. 9, which is known for its scents inspired by Manhattan neighborhoods, is set to launch a unisex fragrance called The Scent of Peace.
J.C. Penney isn’t known for high-ticket fashion, but it broke into the upper strata Saturday when a jacket created by the chain’s design director, Geoffrey Henning, sold for $35,000 at the annual Design Industries Foundation Fighting AIDS auction here.