The Selling of Jones: TPG, Cerberus Said Jockeying for Position

Private equity firms Texas Pacific Group and Cerberus Capital Management are said to be in sale discussions with Jones Apparel Group.

Powell, who owned the Givenchy boutique on Madison Avenue and 75th Street, knows how to create a mise-en-scene.

U.S. Customs & Border Protection said Wednesday it has made 26 seizures of Chinese apparel and textile imports valued at $6 million that violated a special import restraint agreement between the two nations.

A brief look at some of the day’s stories.

Sean by Sean Combs, Sean “Diddy” Combs’ highly anticipated contemporary women’s line that launched at retail last holiday, has closed.

Gap Inc. said it plans to open 10 Forth & Towne stores in five new areas: Atlanta, Houston, Los Angeles, San Francisco/San Jose and Seattle.

Louis Vuitton North America is about to welcome a new president.

Prada chief Patrizio Bertelli and wife Miuccia Prada launched the new Luna Rossa yacht in Valencia, Spain, on Wednesday.

Fashion memoirist Emily Davies’ claim that her uncredited use of previously published material was an accident is seeming less credible.

Fragrance marketer Bond No. 9, which is known for its scents inspired by Man­hattan neighborhoods, is set to launch a unisex fragrance called The Scent of Peace.

Ruffo, the Italian leather goods manufacturer, is said to be set to shut down its production plant outside Pisa and lay off its 80 employees.

The expected downturn in the premium denim market hasn’t occurred and the jeans pyramid below it has maintained its strength.

J.C. Penney isn’t known for high-ticket fashion, but it broke into the upper strata Saturday when a jacket created by the chain’s design director, Geoffrey Henning, sold for $35,000 at the annual Design Industries Foundation Fighting AIDS auction here.

Shecky’s Shop on Broome Street in SoHo isn’t a typical store — it leases floor space and display cases to a variety of vendors.

Brooklyn has become a haven for budding designers, and now the borough will have its first fashion weekend, a three-day event to spotlight local talent.

The look hits on a key fashion trend for spring, as black-and-white looks are just beginning to hit stores.

Stella McCartney presented her new fall line of Adidas by Stella McCartney on Monday, using scenic Aspen as a backdrop.

The most expensive downtown retail markets worldwide ranked by highest quoted rents per square foot.

An earlier date did not boost visitor numbers at MilanoVendeModa as its organizers had hoped, though most executives exhibiting reported increased sales.

Cate Blanchett was toasted by husband Andrew Upton and friends at a dinner in her honor at the Country restaurant hosted by Gucci.

Oh, the struggles of a starlet. “It’s challenging to find the right thing,” says Nora Zehetner, 25.

Friends are plentiful as pine trees: Day one on Ajax, Tim cruised in knee-deep powder right into uber-art director Doug Lloyd and photographer Kelly Klein.