Inventories are being kept tight in hope of increasing full-price selling and reducing markdowns.
The music star had launched the collection last February during New York Fashion Week.
In an internal e-mail sent to New York Times staffers Thursday, he aired his concern “about the misinformation that has been widely circulating in the media.”
Lampert’s RBS Partners sold off 4 million shares of Gap Inc., while Ackman sold his stake in Procter & Gamble completely, regulatory filings reveal.
Wednesday night’s 28th Annual Student Style Celebration honored Barneys New York execs Daniella Vitale and Tom Kalenderian.
The winners of the annual Chopard Trophy for up-and-coming talent chat about the honor, and their next projects, with WWD.