Accessories magazine’s Annual Census Report; industry statistics; retail earnings

Sycamore’s Purchase of Talbots Moves Ahead


Hingham, MA—With the Pension Benefit Guaranty Corp. (PCGC) agreeing it won’t take action against the takeover, Sycamore Partners, … [Read more...]

Former Managers Sue Wet Seal for Racial Discrimination

Wet Seal

Santa Ana, CA—Three former managers at Wet Seal filed  a federal race discrimination suit against the specialty retailer on … [Read more...]

Christopher & Banks Inks New $50 Million Credit Line

Christopher & Banks

Plymouth, MN--Christopher & Banks, which rejected a $64.2 million takeover bid last week, reported Thursday that it signed a … [Read more...]

Aria Challenges Christopher & Banks on Rejected Takeover Bid


Boston—Aria Partners, the hedge fund which made a $64.2 million bid for Christopher & Banks, came out swinging Wednesday after … [Read more...]

Marvin Traub, Former Bloomingdale’s Chairman, Dies


New York--Marvin Traub, former Bloomingdale’s chairman/ceo and legendary retail impresario generally credited with creating … [Read more...]

JCPenney Eliminates 350 More Jobs at “Leaner” Home Office


Plano, TX—Saying that JCPenney’s “leaner and more simplified operating structure is fundamentally complete,” Ron Johnson, the … [Read more...]

Coldwater Creek Secures $65 Million Loan from Golden Gate

Summer at Coldwater Creek

Sandpoint, ID--Coldwater Creek Inc., which has been struggling to turnaround from seven straight quarters of losses, reported … [Read more...]

Christopher & Banks Rejects Takeover Bid, Adopts Poison Pill

Summer at Christopher & Banks

Plymouth, MN—Responding to an unsolicited $64.2 million takeover bid from Aria Partners, Christopher & Banks’ board of … [Read more...]

American Apparel Bullish after Q2 Sales Gains

American Apparel hired found 60-year-old Jacky to be the face of its Advanced Basics campaign.

Los Angeles—Hoping to reassure investors it is moving into positive territory, American Apparel, Inc. released Thursday its … [Read more...]

Ascena Hopes to Save 7,500 Jobs from Fashion Bug Closing

Fashion Bug fails to make the cut at larger Ascena Retail Group

Philadelphia—While Ascena Retail Group, which recently acquired Charming Shoppes, may be planning to shutter its Fashion Bug … [Read more...]

A “Volatile” June Makes for Disappointing Sales Comps

Retail Sales

New York—A combination of bad weather mixed with “stagnant” macroeconomic pressures created a recipe for a disappointing June at … [Read more...]

Investment Firm Offers $64.3 Million for “Deteriorating” Christopher & Banks

Christopher & Banks

Boston and Plymouth, MN—Noting that Christopher & Banks’ value has dropped by 95% in the last few years, one of the retailer’s … [Read more...]