Credit watchdog Moody's downgraded the debt backing J. Crew to “Caa2” from “B3.”
Wall Street reacted positively to the news of the top-level change and on Tuesday pushed the department store chain’s stock up $5.26, or 17.5 percent.
Swedish fast-fashion behemoth Hennes & Mauritz will launch a collection of children’s clothing to benefit its All for Children initiative with UNICEF.
After getting the nod for Carolina Herrera New York’s new ad campaign, Patrick Demarchelier looked no farther than the company’s namesake for inspiration.
Husband-and-wife team Sachin and Babi Ahluwalia also have plans for more in-store appearances this fall.