Fashion/Clothing

The Federal Trade Commission (FTC) has taken legal action to block Tapestry's $8.5 billion acquisition of Capri Holdings Limited, the parent company of Michael Kors.

The Federal Trade Commission filed a lawsuit on Monday to halt Tapestry Inc.'s $8.5 billion acquisition of Capri Holdings, which would unite the Coach, Kate Spade, and Michael Kors brands...

US multi-brand clothes retailer Express Inc. filed for Chapter 11 bankruptcy and will close over 100 stores...

Nike said in February that it will slash 2% of its global staff as part of a restructuring, but did not specify how many cutbacks would be made locally...

Lululemon announced that it will close its Washington distribution fac...

Adidas has rebounded after it severed ties with Kanye West, now projec...

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US retailer Target said that the data breach involving some 40 million of its credit and debit cards included encrypted personal identification numbers, the Financial Times reported.

Workers from over 120 garment factories in Cambodia on Wednesday held a nationwide strike to demand a higher minimum wage. Cambodia's government initially approved an increase in the industry's minimu

A holiday shopping season slump failed to materialize in the UK as shoppers flocked to stores on Boxing Day, giving British retailers a boost, The Telegraph reported.

While shoppers in the UK and the US spent more for the holidays this year, the profit margin for retailers remains in doubt due to steep discounts, the Financial Times reported.

Gift cards and shipping refunds were offered by Amazon.com Inc to appease its customers after UPS said it would not be able to deliver some packages by Christmas, Bloomberg reported.

In spite of the steep price cuts offered, consumers in the US did not do a lot of shopping in brick-and-mortar stores on the weekend before Christmas, Reuters reported.

A Dutch arbitration court on Friday ordered American luxury jewelry retailer Tiffany & Co. to pay Swiss watchmaker Swatch Group $449 million in damages over their failed 20-year joint venture.

Nine West, Anne Klein and Easy Spirit owner Jones Group have accepted the buyout offer from private equity company Sycamore Partners, The Dealbook reported.

After a cyber attack of its systems, Target Corp now has to deal with angry customers venting on social media, customer lawsuits and probes from state attorneys general, the Los Angeles Times reported

Retailers are going to be ramping up efforts to lure buyers on the final weekend leading up to Christmas but shoppers intend to spend less, Reuters reported.

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Fashion/Clothing

FTC Sues to Block $8.5 Billion Merger of Coach and Michael Kors Handbag Makers

FTC Sues to Block Tapestry's $8.5 Billion Takeover of Capri Holdings in Massive Luxury Fashion Merge

Clothing Retailer Express to Shutter Over 100 Outlets as It Declares Bankruptcy

Nike Set to Layoff 740 Employees in Oregon Headquarters in Second Phase of Job Cuts

Lululemon Announces Closure of Washington Distribution Facility and Reduction of 128 Jobs

Adidas Bounces Back After Kanye West Fallout, Forecasts $743 Million Profit in 2024

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