More From Arnold J. Karr
Hartmarx Faces Credit Crunch
Although Barack Obama will wear a Hart Schaffner Marx tuxedo to his inauguration, the Chicago firm…
CEO Confidence Hits All-Time Low
Executive sentiment about economy drops 40% in fourth quarter.
Maidenform Downsizes Earnings Projections, Staff
Maidenform Brands Inc. reduced its fourth-quarter and full-year earnings guidance on Thursday and said it…
WWD Recommends
Roger Markfield Returns to AEO
American Eagle Outfitters has named Roger Markfield to the newly created position of vice chairman and…
Firms Cut Outlook
Tiffany & Co., VF Corp. and Under Armour trim forecasts.
Neiman’s Trimming 375 Jobs
Neiman Marcus is cutting several hundred jobs, as the result of an efficiency review, this week.
Bebe CEO Gregory Scott Resigns
Manny Mashouf assumes post.
Holiday Hangover: Stores Slash Outlooks After Horrid Comps
When even Wal-Mart Stores Inc. falls short of expectations, the depth of the consumer slowdown can no longer…
Iconix Forms Joint Venture With Falic Group
In addition to a new joint licensing venture in Latin America, Iconix said Target has renewed its license for…
Thomas Shull Takes Reins at Fred Leighton
Ralph Esmerian has relinquished day-to-day control of Fred Leighton to Thomas Shull, ceo of Meridian Ventures…
Quiksilver Cutting Capex
Surfwear firm Quiksilver plans to reduce capital expenditures in the current fiscal year to $60 million to…
E-Commerce Can’t Escape Retail Woes
Holiday e-commerce sales decline 3 percent.
Credit Crunch Slows M&A Activity
Merger and acquisition activity remained muted in November.
Retail Stocks Retreat Tuesday
Declines in the country's gross domestic product and housing sales compound the soft shopping season.
Stocks Fall on GE Downgrade
Retail shares escaped the worst of another late-day swoon on Wall Street on Thursday but couldn't get away…