More From Vicki M. Young
Sears to Announce Layoffs for Kmart
Sears Holdings Corp. is expected to announce to its Kmart employees sometime this week that it will lay off…
WWD Stock Index Finishes Down
The Dow Jones Industrial Average on Friday closed the year with a loss for the first time since 2002, pulling…
Bonus Plan for Hilfiger Execs
Tommy Hilfiger Corp. has set up a retention bonus plan of up to $12 million for key employees, a maneuver to…
WWD Recommends
Lagerfeld Gets Behind Apax-Hilfiger Deal
Karl Lagerfeld has given a thumbs-up to Apax Partners' $1.6 billion deal to buy Tommy Hilfiger Corp.
Consumer Confidence Highest Since Aug.
A gain in confidence levels shows that consumers are happier now at the end of 2005 than they were at the…
Retail Stocks OK on Poor Market Day
U.S. stocks ended Tuesday's trading sessions lower over fears of a recession looming on the horizon, but…
Chargebacks Survey: Vendors Claim Abuses Worse Than Ever in ’05
After years of chargeback compliance, vendors threw down the gauntlet this year by taking several retailers…
Apax Said Near Deal for Hilfiger
Shares of Tommy Hilfiger Corp. fell 2.2 percent on heavy trading Thursday amid reports that a deal to sell…
Chasing Tommy: Apax and PVH Said in Lead, but Price an Issue
Apax Partners, in partnership with Phillips-Van Heusen, is in the lead in the bid for Tommy Hilfiger Corp.…
Saks Sued on Chargebacks
Bankrupt Adamson Apparel Inc. has filed a federal lawsuit against Saks Inc. alleging breach of contract for…
SEC in Informal Probe of A&F
The informal inquiry is not the first time this year that there's been a focus on trading of Class A common…
Acquisitions Boost G-III Profits
Sportswear manufacturer G-III Apparel Group Ltd. said Tuesday that third-quarter earnings shot up 49.7…
Defending the Strategy: Lampert Blasts Critics Of Sears Turnaround
Sears chairman Edward Lampert blasted critics in a letter to stockholders, as the firm's third-quarter…
Sears Seeks Top Executives
Sears, Roebuck is seeking some high-powered talent.
Friedman’s Settles With SEC
The U.S. Attorney's Office in Brooklyn said the firm will not face criminal prosecution.