Hong Kong Protests Impact Golden Week Luxury Sales

Protesters occupy the road in Admiralty, Hong Kong | Source: Shutterstock

Imagine a Christmas shopping season with closed stores and customers stranded because cabs are nowhere in sight. For retailers of Fendi bags and Rolex watches in Hong Kong, pro-democracy protests wreak havoc during one of the busiest times of the year, the China National Day holidays known as Golden Week.

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American Apparel Names Brubaker as Interim CEO

American Apparel store | Source: Shutterstock

American Apparel Inc., the struggling clothing chain, named Scott Brubaker as its interim chief executive officer, replacing Chief Financial Officer John Luttrell, who had assumed the position temporarily after the ouster of company founder Dov Charney.

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