Credit watchdog Moody's downgraded the debt backing J. Crew to “Caa2” from “B3.”
An initial public offering is on the horizon for the Salvatore Ferragamo Group, and the company is going outside the family to help get it done.
Procter & Gamble reported that fourth-quarter earnings surged 36 percent, sharpened by its acquisition of razor-blade maker Gillette.
A brief look at some of the day’s stories.
Propelled by rising sales in the North American and European markets, Guess reported Wednesday that earnings soared in the second quarter and first half of the year.
Fornarina has a new U.S. head, a New York flagship on tap and a plan to expand the brand in America by developing the East Coast market.
Analysts predicted scorching weather across the nation dried out consumer spending in July, and will weaken same-store sales, which retailers report today.
The Bush administration’s effort to grant Vietnam permanent normal trade relations status appears to have hit a roadblock over protections for the U.S. textile industry.