IT Holding’s Ittierre Unit to File for Bankruptcy (Bloomberg)
Ittierre, the parent company of Malo and Ferré files for Bankruptcy
Discounting drives January sales (Drapers)
In the UK, deep discounts drove January sales but clothing sales dropped to its lowest rate.
American Eagle Sues Citi Over ARS (WSJ)
“American Eagle Outfitters Inc. sued Citigroup Global Markets Inc. and accused it of fraudulently inducing it to buy $258 million worth of auction rate securities.”
Twitter Speeds Up Fashion Trends (Consuming PR)
“Now, with the use of twitter, fashionistas everywhere can consume fashion 24/7.”