Fashion/Clothing

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

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.


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

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...

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

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

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

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...


Latest News

Snail Slime: Korean’s Face Cream Secret Ingredient, Another Hit From Korean Beauty Industry
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Jay Z faced with more than $18 million lawsuit for his fragrance sales
The lawsuit claims a penalty of $18 million as well as the returning of $2 million royalty payment because Jay Z was not abiding by the agreement that he would promote his signature fragrance. Parlux
Adidas unleashes laceless soccer boots bringing comfort, stability, control
Adidas released its laceless soccer boot called “Ace 16+ purecontrol” to bring comfort, stability and especially control for football players, like German footballer Mesut Ozil, who is one of this sho
El Chapo Shirt: Shirt Sales Rise as Mexican Drug Lord gets Recaptured
The store who designed and manufactured the shirt keeps getting surge of orders. El Chapo, the drug lord captured last Friday, was shown wearing that shirt on a photograph with actor Sean Penn.
Aeropostale to slash headcount; reaffirms Q4 outlook
The New York based teen retailer plans to eliminate its corporate headcount as its sales fall. The company also reaffirmed its outlook for the fourth quarter.
US holiday sales up, but not at malls
The shopping volume during the US holiday season registered an overall growth of 2.4 percent during 31 October 2015 to 4 January 2016. However, physical sales at malls were not equally rosy as online
The World's First Smart Bra is Introduced in CES 2016
One innovative product appears in CES 2016. OMsignal, the pioneer of smart clothing introduces a smart bra that is able to function as fitness tracker.
Victoria's Secret lingerie maker Regina Miracle soared 71 percent giving $1.1B fortune to owner
Victoria's Secret owner became a billionaire as his company soared 71 percent after its initial public offering in the Hong Kong exchange in October.
Eleven James Watch membership club lets an average person wear a $40,000 Rolex Watch
Average watch wearers who dream of wearing that $40,000 Rolex watch, but don't have enough funds to buy one can simply join the Eleven James membership club, which allows its members to try out luxury
“The Sweet Josephine” pink diamond sold for $28.55 million at Geneva auction
A 16.08 carat rare pink diamond sold for more than $28.55 million (28.73 million Swiss francs) at Christie's Geneva Magnificent Jewel sale. The largest cushion shaped vivid pink diamond in the auction
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