Thursday, March 26, 2015 at 3:46pm
Oxford Industries Inc. has taken Ben Sherman as far as it thinks it can. The company said late Thursday as it reported strong fourth-quarter results that it had elected to sell the British brand, acquired for $146 million in 2014, after a long struggle to return it to... read more
Thursday, March 26, 2015 at 3:23pm
Belk Inc. posted an 8.4 percent increase in net profits for the fourth quarter although full-year profits fell 7.8 percent because of higher investment spending. For the three months ended Jan. 31, net income rose to $104.4 million from $96.3 million. Belk attributed the... read more
Thursday, March 26, 2015 at 2:29pm
Signet Jewelers Ltd. likes what it’s getting out of its May 2014 acquisition of Zale Corp., and apparently investors do, too. With eight months of Zale ownership behind it, the retailer behind such brands as Kay and Jared ended the year with a fourth-quarter earnings “beat” and... read more
Thursday, March 26, 2015 at 2:19pm
Organic apparel lifestyle brand Zady has added two to its team. Monica Nicoletti will be working on the design of Zady’s new products. Nicoletti was most recently senior director of women’s design at Club Monaco. She began her career as head designer at Alberta Ferretti’s prêt-... read more
Thursday, March 26, 2015 at 2:09pm
WASHINGTON — U.S. Trade Representative Michael Froman, touting a resurgence in U.S. textile manufacturing in a speech on Thursday, pledged to a conference of U.S. textile producers that there would be “no surprises” in an Asia-Pacific trade deal the U.S. is negotiating. Froman... read more
Thursday, March 26, 2015 at 1:52pm
Stocks tried hard to regain losses after a big sell-off yesterday, but finished the day mostly down amid a strong government report on declining jobless claims and reports from economists regarding the certainty of an interest rate hike. The Dow Jones Industrial Average shed 0.... read more
Thursday, March 26, 2015 at 1:27pm
South by Southwest, which wrapped up on Sunday, is a breeding ground for about-to-pop musicians and actors alike. Here, a look at three breakouts from the fest. EDEN BROLIN Growing up with actor-dad Josh Brolin, and model-actress mom Alice Adair, “going into acting seemed like... read more
Thursday, March 26, 2015 at 1:06pm
FLAT FOOTED: The classic Havaianas is getting a make-under. For summer, the footwear brand is introducing a “Flat” collection, a new take on the flip-flop which features a shorter — and “flatter” — strap. With a price point between $18 and $22, down from the typical $30 retail... read more
Thursday, March 26, 2015 at 12:58pm
ERDEM BY THE BAY: London-based Erdem Moralioglu celebrated a decade in business with a fall 2015 runway show at the new Pier 27 cruise terminal overlooking the San Francisco Bay Wednesday night. The show, produced by Saks Fifth Avenue to benefit the San Francisco Opera, drew... read more
Thursday, March 26, 2015 at 12:48pm
“Ciao, I’m Miuccia, nice to meet you,” Miuccia Prada said to Marine Vacth as the French actress made her way through the crowd at the opening of Miu Miu’s new Herzog & De Meuron-designed flagship store in Tokyo’s Aoyama district. Prada and husband and Prada chief executive... read more