Credit watchdog Moody's downgraded the debt backing J. Crew to “Caa2” from “B3.”
Sears Holdings Corp. plans on cutting 200 support jobs from its Hoffman Estates, Ill., headquarters, trimming 4 percent of its 5,000-strong workforce there.
Nordstrom Inc. is discovering the difficulties of securing a flagship in Manhattan, according to real estate sources.
L’Oreal reached its financial objectives for 2007 and is bullish on 2008.
“It’s happened again. Someone stole an outfit just before my show,” said Christopher Kane with a serious face, before bursting out laughing.
For those wondering where Cathy Horyn was during the Marc Jacobs show on Friday, her On the Runway blog explains it all.