Women’s Wear Daily
04.19.2014

Financial

Beauty

Financial

Page 1314 of 1326

Guinness Buying 34% Of LVMH Wine, Spirits

PARIS -- Guinness PLC is set to buy a 34 percent stake in the wine and spirits business of LVMH Moet Hennessy Louis Vuitton in a complicated deal that will significantly reinforce Bernard Arnault's control of the French luxury goods giant.

At...

Northridge Center, 2nd L.A. Bullock's Are Condemned by City Inspectors

LOS ANGELES -- A local mall and a second Bullock's unit here were condemned Thursday, more victims of Monday's devastating earthquake.

The Bullock's store in Sherman Oaks and the Northridge Fashion Center, both near the epicenter in...

Vuitton Heir Buys Orcofi's Stake in Ines de la Fressange's Firm

PARIS -- Ines de la Fressange is breaking away from Orcofi, the luxury goods holding company.

De la Fressange said that Orcofi and two private investors have sold their 60 percent share in her business to Francois Vuitton, an heir to the Louis...

Nan Duskin Files For Bankruptcy

PHILADELPHIA -- Nan Duskin, for decades this city's premier designer specialty store, has filed a Chapter 11 petition in bankruptcy court and plans to reorganize.

Louis N. Marks, chief executive officer of ND Acquisition Inc., the parent...

W&L Had Dip a Week Before Filing Ch. 11

NEW YORK -- Woodward & Lothrop locked in its $300 million debtor-in-possession package one week before its Chapter 11 filing, according to court documents.

W&L entered bankruptcy proceedings here on Monday. As late as last Friday,...

Freeze Forces Reruns Of Power Cuts

WASHINGTON -- The shutdown of the nation's capital as well as other regions along the Northeastern corridor continued Thursday, after Mid-Atlantic utilities sent an urgent plea Wednesday to conserve energy and prevent widespread outages in the...

Filene's Basement To Take Charges For Closing and Relocating Stores

WELLESLEY, Mass. -- Filene's Basement Corp. will take a charge of $14 million before taxes, or $9.6 million after taxes, primarily to close three stores and relocate three others.

The stores to be closed are in Vernon Hills and Mt. Prospect,...

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