Liz Claiborne Inc. is said to be close to a deal to sell the Ellen Tracy brand to a consortium led Windsong Brands, a Westport, Conn.-based private equity firm. A source familiar with the talks said a deal is "close" to completion.
Twirl, ballerina, twirl. Colorful opaque and shimmering metallic legwear are just right for taking a bow. Here, Betsey Johnson Legwear’s nylon and spandex tights, worn with a Sweetface dress and Stuart Weitzman shoes.
Fashion retailers presented a mixed employment picture in December and U.S. producers continued to post declines, as tepid overall job growth and a jump in unemployment sparked concern of a worsening economic forecast.
A third storm in as many days battered much of California on Saturday, and retailers were left struggling to recover from the rain-soaked weekend with lighter than usual traffic evident at malls and stores throughout the state.
January 7, 2008
• Joanna Ramey and Anne Riley-Katz
Talbots Inc., battling weak sales and seeing its stock price tumble, will discontinue its kids’ and men’s businesses by the fall to help the company focus on its core misses’, special sizes, Collection, accessories, shoes and J. Jill operations.
January 7, 2008
• David Moin and Arthur Zaczkiewicz
With the success of novels such as Jhumpa Lahiri’s “The Namesake,” Monica Ali’s “Brick Lane” and, of course, Khaled Hosseini’s “The Kite Runner,” South Asia and its immigrants have clearly caught the interest of a contemporary Western readership.
Luxury eyewear company Oliver Peoples has been buffeted by change the last two years, but founder Larry Leight nurtures the vision he had when launching the firm in Los Angeles 20 years ago – creating top quality eyewear with a vintage ethos.
Pacific Sunwear of California Inc. said Friday that it would be closing its remaining 154 D.e.m.o. stores “as soon as is practical,” which follows a strategic review of the business that was announced in October.