Women’s Wear Daily
04.25.2014

Financial

Beauty

Financial

Page 1288 of 1327

Deadline is Today For Objections On Vance Being Macy's Mediator

NEW YORK -- With the deadline for objections to the appointment of a mediator in the R.H. Macy & Co. Chapter 11 case set for 5 p.m. today, no parties had sought to block the move as of press time Thursday.

While no formal filings have been...

Levi Strauss Earnings Up in Quarter and Year

SAN FRANCISCO -- Levi Strauss Associates reported slightly improved earnings in the fourth quarter and year ended Nov. 28. Earnings this year, said the company, will be significantly lower, due primarily to a one-time charge for adopting a new...

Gitano Bidder Pool Narrows

NEW YORK -- As The Gitano Group continues to negotiate with companies that want to buy it, the field of suitors is narrowing.

Robert E. Gregory Jr., Gitano's chairman and chief executive officer, said Thursday that he expected to make an...

Penney's Profits Up 16.5% in Quarter

PLANO, Tex. -- J.C. Penney Co. said robust catalog sales and lower expenses boosted fourth-quarter net profits by 16.5 percent, reaching the high end of Wall Street's estimates.

In the quarter ended Jan. 29, Penney's earned $437 million, or...

Leslie Fay Readies Hue Deal With K-R

NEW YORK -- After three months of negotiations with various manufacturers, The Leslie Fay Cos. has agreed to sell the physical assets and license the trademark of its Hue Hosiery subsidiary to Kayser-Roth Corp.

The deal is pending approval by...

Sara Lee Pumping Up Playtex U.K. Ad Budget

LONDON -- Who says Sara Lee doesn't build muscles?

With an advertising and promotion budget of more than $10 million (7 million pounds) compared to a minuscule $150,000 in 1993, Playtex U.K. is aiming to double its market share in Britain in...

Gitano Planning to Close Sale of Company While in Chap. 11

NEW YORK -- The Gitano Group, which has put itself on the block, plans to complete a sale while it is in bankruptcy proceedings, according to its management consultant.

In a letter sent to potential bidders by Kurt Salmon Associates, Gitano's...

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