Inventories are being kept tight in hope of increasing full-price selling and reducing markdowns.
The music star had launched the collection last February during New York Fashion Week.
Market experts concur that Gap won’t be easy to fix, nor will it be easy to sell.
The annual Conde Nast publishers’ meeting in Naples, Fla., is only three weeks away, so naturally speculation is rampant over who might take home the Publisher of the Year prize.
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.