Financial

Beauty

Financial

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Aris Files for Chapter 11 Protection

Aris Industries Inc., the former owner of the XOXO juniors brand and a Baby Phat licensor, has filed for Chapter 11 bankruptcy protection.

IMF Offers Poor Countries Aid as Quotas are Lifted

The head of the International Monetary Fund said it is ready to assist poor countries to absorb the short-term costs from the end of the quota system.

Kellwood Stock Falls on Warning

Kellwood Co.’s stock dropped 8.9 percent Friday a day after its warning that increased markdowns would reduce third-quarter results.

New U.S. Corporate Tax Law Could End EU Tariffs

WASHINGTON — European Union Trade Commissioner Pascal Lamy could announce as early as today whether a corporate tax bill signed by President Bush on Friday goes far enough for the EU to lift 12 percent tariffs on $4 billion worth of U.S. exports,...

Kellwood Sees 3rd-Qtr. Shortfall

NEW YORK — Kellwood Co., blaming a tough retail climate and problems with some of its key brands, said Thursday it expects to miss its previous earnings guidance for the third quarter by 15 cents a share.

Profits for the quarter ended...

Sears Lowers Guidance for Holiday

After posting a third-quarter loss, Sears lowered its fourth-quarter sales and margin estimates, saying it has a “more cautious holiday outlook.”

Acquisitions Aid VF’s Earnings

VF Corp.’s third-quarter profits jumped 24.1 percent as flat jeanswear sales were offset by strength in other core brands and from acquisitions.

Kenneth Cole Net Up 22.2% in Qtr.

NEW YORK — Boosted partially by a decrease in merchandise markdowns, Kenneth Cole Productions Inc. on Thursday reported a 22.2 percent increase in third-quarter earnings, meeting analysts’ forecasts.

For the three months ended Sept....

More Plan to Buy Apparel for Holiday, but Expect to Spend Less

Consumers plan to spend an average of $163 each on apparel gifts this holiday season, 6 percent less than last year, though a higher percentage of people intend to buy in the category, according to a new research study.

Denim Dish: A. Denim by Any Other Name ... All That Glitters ... Avondale Boosts Bottom Line

DISH: A.B.S. partners Allen B. Schwartz and Armand Marciano are rolling out A. Denim…Avondale back in the black…A.P.O. Jeans aims high.

Beauty Beat: Asia, Latin America Boost L’Oréal Sales

NEW YORK — Booming sales in Asia, Eastern Europe and Latin America helped L’Oréal overcome sluggish sales in Europe and North America for the nine months ended Sept. 30.

The Paris-based cosmetics giant reported sales of 10.71...

Las Vegas Luxury Retailing on a Roll as Forum Shops Debut

Retailing is in a major growth mode in Las Vegas, where the $200 million expansion of the Forum Shops is to debut this week.

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