Securities & Exchange Commission (SEC)


Clinton Group Has Short Lived Victory in Wet Seal Battle?

Wet Seal

Foothill Ranch, CA—After an apparent brief victory whereby Wet Seal board members agreed  to resign and be replaced by … [Read more...]

Christopher & Banks Keeps CEO as Turnaround Moves Ahead

Christopher & Banks

Plymouth, MN—As its turnaround efforts appear to be moving faster than expected, Christopher & Banks reported to the … [Read more...]

Wet Seal Board, Activist Investor Step Up War of Words

wet-sealstore

Foothill Ranch, CA—No resolution appears in sight in the proxy battle at Wet Seal that has pitted the young women’s retailer’s … [Read more...]

Wet Seal’s Board Urges Stockholders to Postpone Replacing Them

Wet Seal

Foothill Ranch, CA—Saying that its recently implemented fast fashion strategy will have a positive impact on Wet Seal results “in … [Read more...]

With Flat Q1 Profit, Tiffany Lowers Forecast as U.S. Jewelry Sales Soften

Elsa Peretti at Tiffany & Co.: is this iconic match up destined to end? It could, according to an SEC filing made Wednesday by Tiffany.

New York—Stung by softening sales in the Americas and its New York flagship, Tiffany & Co. reported today a … [Read more...]

Feds to Investigate Walmart over Mexican Bribery Charges

Walmart de Mexico has 2,088 stores in Mexico

Washington—The U.S. Justice Department has reportedly launched a criminal investigation of Walmart regarding alleged $24 million … [Read more...]

JCPenney: New Pricing Strategy May Hurt Sales for Some Time?

Retail Math: A JCPenney's explaining its new price strategy

Plano,TX—JCPenney has warned its shareholders that its new “everyday low price” strategy, which began Feb. 1, could hurt sales for … [Read more...]

Talbots Reconsiders Sycamore’s Buyout Offer?

talbotslogothumb

Hingham, MA—After rejecting a $212 million buyout offer from Sycamore Partners, it largest shareholder, in December, Talbots Inc. … [Read more...]

American Apparel “Rescue” Investors to Sell Off Shares?

Investor troubles aside, American Apparel continues its controversial marketing--the latest a plus-size model search called "The Next Big Thing."

Los Angeles—The Canadian investment group that stepped in with $15 million to rescue American Apparel from sliding into bankruptcy … [Read more...]

Bankruptcy Looms as American Apparel Reports Loss

American Apparel

Los Angeles—American Apparel reported Thursday a nearly $86 million loss in 2010 and suggested that unless financing could be … [Read more...]

Neiman Marcus Q1 Profit Triples

Neiman Marcus

Dallas—Mirroring increases that many European luxurygoods companies have been reporting recently, Neiman Marcus Inc. posted today … [Read more...]

J. Crew Buyout ‘Threatened’ by Q3 Results

J.Crew CEO Millard “Mickey” Drexler

New York—The $3 billion private equity buyout of J. Crew almost didn’t happen when the buyers threatened to abandon the deal … [Read more...]

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