Burlington Coat Factory Hopes to Raise $175 Million in IPO

Burlington Coat Factory

Burlington, NJ—Private equity firm Bain Capital, which owns Burlington Coat Factory, last week told the Securities and Exchange … [Read more...]

Nike Q4 Surprises with Profit Up 22% on Strong Sales

nike

Beaverton, OR—Nike reported Thursday a better-than-expected fourth quarter earnings thanks to strong sales in North America and … [Read more...]

Games Giant Tiptoes into Sock Licensing Deal

candycrushsocks

San Francisco and Stockholm—Time was when the film, television and music industries sought out licenses as a way to promote their … [Read more...]

Missing Plane Carrying Missoni CEO Found Off Venezuela

Vittorio Missoni, CEO of Missoni and son of its founder

Caracas, Venezuela—Venezuelan officials confirmed today that the wreckage of a small, twin-engined plane carrying Vittorio … [Read more...]

Chanel Tops List of China’s 50 Most Popular Luxury Brands

Backstage at the Cruise 2013/14 fashion show with Karl Lagerfeld and models

Shanghai—With China the key target for expansion among luxury brands (nearly all brands for that matter), the top ranked brands … [Read more...]

Another Vestige of Johnson-Era JCPenney Ends

JCPenney

Plano, TX—Another top executive brought into JCPenney during the tenure of ousted CEO Ron Johnson has left. What’s more, her … [Read more...]

Jay Stein Appointed CEO at Stein Mart

Jay Stein

Jacksonville, FL—Jay Stein, interim chief executive officer at Stein Mart since September 2011, has been appointed permanent chief … [Read more...]

FLEYE Keeps an Eye on Youngsters’ Eyewear

Grow up Glasses: FLEYE's new kid's styles, Vilja and Hubert

Hedehusene, Denmark—The folks at FLEYE eyewear want to make sure no bespectacled youngsters suffer through the dignities of being … [Read more...]

Stuart Vevers Named New Creative Director at Coach

Stuart Vevers

New York—After weeks of speculation about who might succeed Reed Krakoff as executive creative director at Coach, the leathergoods … [Read more...]

Saks Inc.’s Latest Suitor: Lord & Taylor Owner Hudson’s Bay Co.?

Saks Fifth Avenue's New York flagship, one of the prime retail locations in the world

Toronto—Neiman Marcus Inc.’s owners may have quashed the purported idea whereby Kohlberg Kravis Roberts would have taken a stake … [Read more...]

Neiman Marcus Files IPO to Raise $100 Million

Neiman Marcus

Dallas—Neiman Marcus is out to sell another top name in fashion—its own. Today, Neiman Marcus Inc., which operates 41 Neiman … [Read more...]

Grandoe Sells Assets to Totes-Isotoner

Ciré by Grandoe leather gloves

Gloversville, NY—Grandoe, the 100+-year-old glove and casual footwear supplier, has sold off much of its assets to … [Read more...]