More From Arnold J. Karr
Swank Reverts to Profitin 2nd Qtr.
Sales grow in period as belts, leather goods excel.
Farah Sells Polo Shares
Roger Farah, president and coo of Polo Ralph Lauren Corp, sold more than one-third of his stock in the…
NPD Predicts a Wait for B-t-s Sales
NPD Group market research anticipates an extended back-to-school season with the possibility of stock…
Swank Reverts to Profit in 2nd Qtr.
Sales grows in period as belts, leather goods excel for Swank.
Revlon Launches Exchange Offer
Voluntary offer modifies terms offered by MacAndrews & Forbes in April.
Conn Joins VF in New Retail Licensing Role
Iconix veteran David Conn to pursue retail licensed opportunities.
Retail Stocks Rise High Last Week
On Friday, S&P Retail Index advanced to the highest closing level this year, putting retail stocks 33.5…
Finlay Files for Bankruptcy
Jeweler Finlay files for bankruptcy and signs stalking horse agreement for the liquidation of assets.
Hartmarx Names Prockzo Chief Operating Officer
Tara Proczko has been named vice president and chief operating officer of Hartmarx, and Homi Patel will…
Industry M&As on Way to Record Lows
Baird reports downturn in middle-market acquisition activity.
Nike CEO Earnings Drop 17 Percent
Mark Parker, president and ceo of Nike, saw his total compensation decline 17 percent, while the entire…
Stocks Up Again Last Week
S&P Retail Index rode ahead 4.7 percent with year-to-date advance of 25.8 percent.
Moody’s Downgrades Barneys
Barneys New York was downgraded by Moody's yesterday due to liquidity concerns. Moody's action covers about…
Word of CIT Rescue Lifts Stocks Monday
Yesterday, retail stocks rose 2% for highest close of year after CIT rescue.
Birks & Mayors Sales Down 26 Percent in First Quarter
CEO expects market conditions to remain difficult for jewelry firm Birks & Mayors.