Market experts concur that Gap won’t be easy to fix, nor will it be easy to sell.
A brief look at some of the day’s stories.
Dolce & Gabbana will close its 8,000-square-foot flagship at 825 Madison Avenue on Jan. 19 for a six-month expansion and renovation.
After acquiring Apparel Holdings Group last week, Hilco Consumer Capital LLC, based in Toronto, is shaking up management.
Apparel importers were gearing up to make the case against a mandate to screen all U.S.-bound cargo containers at foreign ports as the House passed a national security bill Tuesday night.
Earle K. Angstadt Jr., a former president and chairman of Abercrombie & Fitch, died Sunday in Vero Beach, Fla. He was 80.