Women’s Wear Daily
04.21.2014

Financial

Beauty

Financial

Page 1309 of 1326

Saks To Drop L.A. Woodland Hills Unit

NEW YORK -- Saks Fifth Avenue has decided not to reopen its Woodland Hills unit in Los Angeles, which has been closed since last week's earthquake.

There was no significant damage to the building's structure. However, because ceilings, lighting...

Dupont Fiber Unit Profits Double in Fourth Quarter

NEW YORK -- Cost containment programs that were undertaken last year, including massive job cuts in its nylon operation, helped profits of DuPont's fiber unit, before nonrecurring items, to double in the fourth quarter ended Dec. 31.

DuPont's...

Wishnow to Distribute Basco All-American

NEW YORK -- Starting with this fall's collection, the men's and women's lines of Basco All-American Sportswear will be distributed by The Barry Wishnow Group, an apparel management company here.

Wishnow, a veteran of Hugo Boss and Schoeneman...

GFT Gets Bridge Financing

MILAN -- GFT SpA has developed a bridge financing plan that will enable the troubled manufacturer to meet minimum corporate capital requirements under Italian law.

A GFT shareholders' assembly Tuesday approved a plan to wipe out the company's...

Court OKs Crystal Brands Financing

NEW YORK -- Crystal Brands Inc., operating in Chapter 11, got interim bankruptcy court approval for $50 million financing from Citibank.

The financing includes a $20 million sub-limit for letters of credit, according to Alan Miller of Weil,...

Three Quit Gitano Board of Directors

NEW YORK -- The Gitano Group Inc. said three of its outside board members resigned Tuesday, following the company's decision to put itself up for sale.

The resigning directors are Norman Matthews, a consultant and former president and vice...

Leslie Fay Posts Operating Profit, $8.5M Net Loss For Third Quarter

NEW YORK -- The Leslie Fay Cos. reported $1.8 million in operating income for the third quarter ended Oct. 2 but showed an $8.5 million net loss after Chapter 11 expenses and interest charges.

Sales were $200.7 million.

Meanwhile, the...

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