More From Liza Casabona
January Sales Improve Over December
Same-store sales were lackluster last month but sector averages beat December’s dismal showing.
Stinn Trial Set to Commence
The trial of Bradley Stinn, former chief executive officer of Friedman's Inc. and its affiliate Crescent…
Value of Seized Goods Up 27%
The domestic value of counterfeit goods seized when passing through U.S. ports increased 27 percent last…
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Raymond Chu Pleads Guilty In Tax Evasion Scheme Case
Raymond Chu, owner of a firm that does sewing work for couture companies, pled guilty to charges that he was…
Legal Briefs
The value of intellectual property to a company is increasing as quickly as the threats to it, according to…
Jimmy Choo’s Tamara Mellon Files Lawsuit Against Mother
Jimmy Choo founder and president Tamara Mellon filed a $10 million lawsuit Wednesday against her mother, Ann…
Stuart Weitzman Sues J.C. Penney For Infringement
Stuart Weitzman IP and Stuart Weitzman filed a lawsuit against J.C. Penney Co. Inc. and Mark Tucker Inc. for…
Accessories Counterfeiters Nabbed
Three defendants were indicted and arrested this week for importing more than 300,000 counterfeit luxury…
Court Decision Limits Investor Lawsuits
A ruling from the U.S. Supreme Court Tuesday limited the recourse investors have in securities fraud cases.
Bad and Getting Worse: Retailer Worries Spiral As Comp Sales Stumble
Holiday comparable-store sales weren't quite as bad as expected, but unfortunately they confirmed one thing…
Tiffany Reduces Earnings Estimates
Tiffany & Co. pared its full-year earnings estimates as same-store sales in its U.S. operations fell 2…
Luxury Loses Steam as December Comps Fall
Amid fears of a recession, the U.S. luxury juggernaut is showing signs of slowing as December same-store…
Dec. Comps Expected to Take Hit
Steep markdowns along with negative macroeconomic factors are expected to take a heavy toll on December…
Legal Briefs
According to a Dec. 22 statement by the U.S. Attorney's Office in Manhattan, Michael Bodner was arrested and…
Economic, Consumer Data Pour In
Wall Street headed south on Thursday due to economic concerns in the U.S. and fears of global instability in…