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Report: Kate Spade to Kick Off Formal Sale Process in January
Kate Spade & Co. plans to kick off a formal auction process in January with six possible bidders in mind, according to a person familiar with the situation.
Best of BoF 2016 | Pictures of the Year
To round off the year, we revisit the articles that sparked the most debate, yielded the biggest insights, and got the fashion industry talking in 2016. Today, we highlight some of the most memorable images.
Maker of Spectacles for Dior, Fendi Expands Into Smart Glasses
The Italian company is debuting a set of Internet-connected spectacles next month at the Consumer Electronics Show in Las Vegas.
J. Crew’s Debt Looms as Retailer Seeks to Regain First-Lady Glow
Some of the company’s $2 billion in debt becomes current in 2018, and J. Crew needs to revive its flagging business to stave off rising odds of default.
Report: Ruyi Group Seeking to Acquire Aquascutum for $120 Million
Shandong Ruyi Group plans to acquire iconic British trench coat maker Aquascutum for about $120 million, people with knowledge of the matter said.
Distressed Retailers Scour Loan Fine Print for Debt Strategies
Heavily indebted retailers J. Crew Group Inc. and Claire’s Stores Inc. are delving into their loan agreements to find creative ways to raise or reconfigure their debt.
UK Seeks to Ban Plastic Microbeads in Cosmetics Next Year
The UK will become the latest country to outlaw plastic microbeads used in face wash and toothpaste next year over concerns they harm marine life and enter the food chain.
Retailers to Drop On-Call Scheduling Amid State Probes
Six US retailers will no longer require hourly employees to check whether they are still needed for work and risk having their scheduled shifts canceled with little notice.
Alibaba Lawsuit Throws Spotlight on ‘Brushers’ Gaming Rankings
A lawsuit filed by Alibaba Group Holding Ltd. is shining a light on the fake reviews and purchases on its websites.
Former Tumi Boss Named New Lands' End CEO
The casual clothing company Lands' End is naming the one-time chief executive of the high-end luggage maker Tumi as its next chief executive officer.