Credit watchdog Moody's downgraded the debt backing J. Crew to “Caa2” from “B3.”
Concern about tough holiday season persists.
Most large beauty firms have solid financing and don?t need to look to the credit markets for capital. However, emerging players will have a rougher road.
Glam Media is in the process of either eliminating or reorganizing 14 positions — out of 200 — and the company has created a new marketing group.
ALL IN THE FAMILY: The financial storm may be raging, but Dolce & Gabbana Srl isn’t getting wet. The Italian fashion house, which operates the Dolce & Gabbana and D&G brands, said at a press conference Thursday that it expects to register a 21 percent increase in consolidated turnover for fiscal 2008. Sales for the […]
Retail chain’s co-founder no longer involved in day-to-day operations.