New York Fashion Week will be forced to find a new location, according to a settlement reached between the city and park advocates.
Brown Shoe Co., owner of the Famous Footwear retail chain, sold its Shoes.com online division to a closely held Seattle company pushing into a market led by Amazon.com Inc. and Foot Locker Inc.
Hugo Boss AG’s largest investor, Permira Holdings Ltd., plans to sell 4.9 million shares, or about 7 percent of the luxury-clothing company.
Quiksilver Inc. on Thursday reported a fiscal fourth-quarter loss of $51.6 million. The results missed Wall Street expectations.
BoF discovers that behind Ugg Australia’s ubiquitous sheepskin boot lies a billion-dollar business as reliable and resilient as leather.
The company, which announced the departure of longtime Chief Executive Officer Mike Jeffries yesterday, needs a successor who can appeal to today’s teens in an industry suffering from e-commerce competition and shrinking foot traffic.
Abercrombie & Fitch Co. Chief Executive Officer Mike Jeffries, who turned the retail chain into a hot teen-apparel company in the 1990s before it lost its cachet in recent years, is stepping down.
Consumers are warming to the idea that wearing a computer on their wrists or clothing may not be the fashion faux pas that early clunky prototypes led many to fear, with 2015 poised to be a breakout for the much-hyped trend.
Fashion retailers are using data to deliver individualised customer experiences, from personal homepages to targeted in-store promotions.
Delia’s Inc. said it was liquidating assets and would file for Chapter 11 bankruptcy protection “in the very near term,” becoming the second teen retailer to go out of business in as many days.