News

Monday, March 30, 2015 at 3:37pm
Iconix Brands Group’s chief financial officer, Jeff Lupinacci, has resigned to pursue another business opportunity. The company said in a filing Monday with the Securities and Exchange Commission, a Form 8-K, that the resignation, which was given on March 24, became effective... read more
Monday, March 30, 2015 at 3:35pm
Las Vegas — Shark Tank investor Mark Cuban will return to Cosmoprof North America in July. He’ll be joined by Paul Mitchell hair care co-founder John Paul DeJoria on stage at the Professional Beauty Association’s Business Forum, hosted by CPNA, as part of Cosmoprof. The... read more
Monday, March 30, 2015 at 2:09pm
A couple of key mergers and acquisitions in the pharmaceutical and healthcare sectors as well as favorable economic news out of Asia sparked a flurry of upside trading that spread across to other market segments — and sent stocks soaring. RELATED CONTENT: WWD Earnings Tracker... read more
Monday, March 30, 2015 at 1:12pm
The Securities and Exchange Commission has charged Lynn Tilton and her Patriarch Partners firms with fraud. The SEC alleged Tilton and her Patriarch firms breached their fiduciary duties and defrauded clients by failing to value assets that reflect their declining value. The... read more
Monday, March 30, 2015 at 12:56pm
WASHINGTON — Wal-Mart Stores Inc., one of several companies targeted by Converse Inc. in a trademark infringement claim pending before the U.S. International Trade Commission, accused Converse in a filing of trying to “extort monetary settlements” from a large swath of the... read more
Monday, March 30, 2015 at 12:40pm
WEST HOLLYWOOD — Nearly two years after joining the brand as artistic director, Nicola Formichetti is doing everything possible to live up to his pledge to make Diesel the coolest brand on the planet. On Friday at H. Lorenzo in West Hollywood, Formichetti marked the launch of... read more
Monday, March 30, 2015 at 12:33pm
The latest government data confirm what apparel retailers have been experiencing since the beginning of January: Consumer spending remains soft. According to the Bureau of Economic Analysis, consumer spending was weaker than what economists expected for February — posting a 0.1... read more
Monday, March 30, 2015 at 12:25pm
Paul Fossati has joined private equity firm Sycamore Partners as a managing director. In his new role, Fossati will be the director of capital markets. He will be responsible for all financings for new investments and for the firm’s portfolio companies. Fossati was previously a... read more
Monday, March 30, 2015 at 12:07pm
MADRID — Desigual confirmed to WWD on Monday that a moment of silence in memory of its employees Robert Oliver Calvo, 37, and Laura Altamira, 32, who were killed in last week’s crash of Germanwings flight 9525 in the French Alps, will take place this Wednesday. The Barcelona-... read more
Monday, March 30, 2015 at 12:07pm
MADRID — Desigual confirmed to WWD on Monday that a moment of silence in memory of its employees Robert Oliver Calvo, 37, and Laura Altamira, 32, who were killed in last week’s crash of Germanwings flight 9525 in the French Alps, will take place this Wednesday. The Barcelona-... read more

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