Ralph Lauren quietly shuttered its two-year-old 20,000-square-foot store last week. Other brands are expected to close boutiques in a city that has lost its luster for cash-rich mainland Chinese tourists.
The 15th-annual awards ceremony recognized the accomplishments of a cross section of beauty executives.
Under growing pressures, Liz Claiborne Inc. sharply cut 2008 financial projections and halved capital expenditures for 2009.
A federal grand jury in Jacksonville, Fla., indicted six people for their alleged roles in trafficking counterfeit luxury goods.
“I don’t really do contemporary art. I collect early 20th century works, but Richard and I are old friends,” said Bryan Ferry, at Richard Prince’s exhibition.
The global financial crisis and the possibility of a worldwide recession could see the textile and apparel industry in for some rough times.
Tiffany & Co. is putting its contemporary foot forward with a new smaller retail format that opened Friday at the lifestyle center Americana at Brand.
Talk about a tough day for the magazine industry Friday, with Radar and 02138 announcing their ends, and twice-yearly Elle Accessories going on hiatus.