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.