Australian Commission Finds Sheepskin Boots Really Made in China


Queensland, Australia—Just as many legitimate sheepskin footwear brands have been warning, not all so-called “ugg” boots are made … [Read more...]

LVMH Fined $10 Million Over Stake Accumulation in Hermès

LVMH logo

Paris—The Autorite des Marches Financiers (AMF), the French stock market regulator, today fined LVMH 8 million euros (about $10.4 … [Read more...]

America’s Wealthiest Women’s Favorite Brand? Tiffany, Michael Kors

From Tiffany's Ziegfeld Collection

New York—Which brands do America’s ultra-wealthy consumers like best? Tiffany & Co. and Michael Kors.That’s what the … [Read more...]

Finish Line Q1 Profit Fall, But Sales Rise on New Macy’s Shops

Sales of women's athletic footwear, like this pair of Nike Free Bionic workout shoes, are on the rise at The Finish Line thanks to its new Macy's shops.

Indianapolis—Finish Line reported Friday that its first quarter profit fell nearly 60% due to costs associated with open its shops … [Read more...]

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


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


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


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...]