More From Matthew Lynch
Carl Icahn Offers CIT $6 Billion Loan
American financier Carl Icahn said the loan would save the company $150 million in fees to prospective…
Gap Eyes Growth Online, Overseas
Gap Inc. told investors Thursday that it would open its first store in China and return to television…
CIT CEO Peek Leaving Firm
Amid rumblings that CIT Group is struggling, the lender said chairman and chief executive Jeffrey M. Peek…
Family Dollar Profits Rise From ‘Trade-Down’ Customers
Family Dollar reported double-digit profit growth as more upscale customers frequent the stores.
Chloé Awarded $7.2M in Infringement Suit
Default judgment after Los Angeles supplier failed to respond to an infringement lawsuit filed by Chloé.
Hilfiger Sues Former Sock Licensee
Tommy Hilfiger accuses former licensee, Mountain High, of nonpayment and threatening to dump merchandise.
Coach Again Sues Target Over Designs
Accessories firm Coach alleges knockoffs of Patchwork and Ergo handbag designs.
Norman Hsu Sentenced to More Than 24 Years
Government sought 30 years or more for Ponzi scheme by former men's wear executive.
Sewing Contractor Sentenced for Labor Violations
Mindy Wong, former owner of Manhattan sewing business Devine Fashion Corp., headed to jail for tax evasion…
Hanesbrands to Abandon Yarn Business
Winston-Salem, N.C.-based basics maker Hanesbrands announces three yarn plants will be sold, another closed.
End of an Era: Lauder to Close Prescriptives Division
In a long-anticipated move, the Estée Lauder Cos. Inc. said Thursday it will shut down wholesale distribution…
A&F Sues Beyoncé Over Fragrance Name
If Abercrombie & Fitch Co. has its way, Beyoncé Knowles’ recently announced fragrance may not be too fierce…
Coldwater Creek CEO Resigns
Coldwater Creek Inc. president and chief executive officer Daniel Griesemer has resigned and was replaced by…
Annie Leibovitz Reaches Deal With Art Capital Group
Annie Leibovitz, the famed photographer, will keep the rights to her work.
TJX Computer Hacker Pleads Guilty
Hacker behind the theft of more than 40 million credit card numbers pleads guilty and faces more than 25…