The founder and chairman of The RLJ Cos. was previously founder and chairman of Black Entertainment Television.

Sterling King and Cherry Blossom Intimates will each receive $75,000 in prize money from this eight-year-old program, which concludes with this round.

The DKNY and Donna Karan parent company expects revenues to decline another 28 percent to 33 percent in the back half of the year.

The designer’s fan base includes Tommy Hilfiger, Tory Burch, Stitch Fix founder and ceo Katrina Lake and Rent the Runway cofounder and ceo Jennifer Hyman.

The company is working with its retailers and shifting and dedicating additional resources to drive their online sales.

With the majority of stores closed last quarter because of the coronavirus, the retailer and apparel supplier lost more than $39 million.

In a recent survey, 77 percent of respondents indicated they would like to continue to work remotely, at least weekly, after the pandemic.

Many firms are offering their spring/summer merchandise at discounted prices on their e-commerce sites to drum up business.

The company will be furloughing approximately 60 percent  of its wholesale operations segment employees, effective April 6.

The ceo said his company has an $800 cushion, a stable supply of goods from China and a plan to win.

The company expressed confidence and said it is continuing to restructure its retail operations.

Firms are figuring out logistics as they work remotely.

The company’s third-quarter showed gains, but a cut to its outlook hit its stock hard.

Earlier in the day, G-III Apparel and Macy’s issued warnings that they would take a financial hit from tariffs.

The government recently imposed 15 percent levies on many apparel and footwear items.