The Daily Digest

  1. Nicholas Kirkwood Has Been Replaced at Pollini

    “The Italian accessories brand has appointed a Milanese designer as its new creative director after years of …More

  2. American Apparel Shares Surge 19% Amid Takeover Speculation

    “A day after the firing of Dov Charney, American Apparel Inc.’s stock jumped amid fresh speculation …More

  3. Rich Russians are Buying Up Luxury Goods Before They Surge in Price

    “If you think trying to finish shopping ahead of the holidays is stressful, try getting it done as your …More

  4. My-Wardrobe Bought by Net-a-Porter

    “Fashion e-tailer My-Wardrobe has stopped trading and sold its domain name to Net-A-Porter.” …More

  5. Roberto Cavalli Joins the ‘Italian Fashion Brands for Sale’ Trend

    “Roberto Cavalli’s off-again-on-again love affair with investors is heating up. The Italian fashion house …More

American Apparel Names Schneider CEO, Terminates Founder Charney

Dov Charney at a Los Angeles rally | Source: Reuters

American Apparel Inc. named retail-industry veteran Paula Schneider as its next chief executive officer and completed the termination of founder Dov Charney, who was initially removed from the CEO job in June for misconduct.

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