Thursday, February 11, 2016 at 4:00pm
WASHINGTON — A new academic critique released Thursday accused New York University’s Stern Center for Business and Human Rights of making a “series of errors” in its recent analysis of the Bangladesh garment industry and “greatly overestimating” the number of formal factories... read more
Thursday, February 11, 2016 at 2:56pm
Columbia Sportswear Co. stock jumped over 8 percent to $52 in after-hours trading after the apparel company reported that net income increased 14 percent to a record $63.4 million, or 90 cents per diluted share. This easily beat the FactSet earnings estimate of 75 cents per... read more
Thursday, February 11, 2016 at 1:12pm
Weighed down by the negative impact of a strong dollar as well as a consumer shopping environment that is lackluster, Levi Strauss & Co. delivered lower quarterly and year-end sales — but profits jumped as the year-over-year comparison was more favorable. Net revenues fell... read more
Thursday, February 11, 2016 at 1:07pm
Not wasting a moment of fashion week enthusiasm, luxury e-tailer Mytheresa teamed with Aquazzura to host a cocktail party Wednesday night at Paul’s Cocktail Lounge in the Roxy Hotel. Edgardo Osorio, the brand’s creative director, and Justin O’Shea, creative and fashion director... read more
Thursday, February 11, 2016 at 11:08am
PARIS — Christian Dior Couture has become a $2 billion baby. The French fashion house closed out 2015 with revenues of 1.87 billion euros, or $2.08 billion, reflecting a gain of 17.1 percent at actual exchange rates and 7 percent at constant rates. Operating profits for the... read more
Thursday, February 11, 2016 at 11:07am
The selloff in the European stock market bled over into the U.S. stock market, causing significant selling. Initial concern about the health of Italian banks has now expanded into worry about French and German banks. This dragged down the French CAC as it closed down 4 percent... read more
Thursday, February 11, 2016 at 10:58am
CALIFORNIA DREAMIN’: Los Angeles-based premium denim label J Brand and French contemporary brand Comptoir des Cotonniers are to launch a capsule collection. It will mark the first collaboration between the two labels of the Fast Retailing Co. Ltd. portfolio that also includes... read more
Thursday, February 11, 2016 at 10:53am
WASHINGTON — The Senate passed a trade facilitation and enforcement measure on Thursday designed to strengthen U.S. trade laws and intellectual property protections, and streamline the flow of global commerce. The Senate passed the legislation, the product of a bipartisan,... read more
Thursday, February 11, 2016 at 10:50am
“Producer” is not nearly expansive enough of a term to describe exactly what Harvey Weinstein does. It lacks a certain degree of oomph. He’s a power broker, really. And in a country where the highest valued commodity is celebrity, Harvey is among the kings. Nothing could be... read more
Thursday, February 11, 2016 at 10:34am
Visit the original post to see all 1 images from this gallery. Since its inception in 2012, VFILES has occupied its own niche in New York’s fashion scene. Part online fashion community, part cult boutique and part talent incubator, Julie Anne Quay’s creation stays fresh and... read more