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David Dyer, president and chief executive officer of Chico's FAS Inc. did a rather shocking thing yesterday: He told an unadorned and uncomfortable truth.


Ron Johnson's tenure as chief cheerleader and chief executive officer at J.C. Penney Co. Inc. got its public start in the most scripted of forums this week -- the prepared remarks portion of the company's third-quarter conference call.

This week, retailers begin their third-quarter dance with Wall Street.

Things are speeding up everywhere and the old rules are failing.

Even Einstein's been taken down a peg, but fashion before physics.

For more than 20 years, I've been reporting on the demise of the U.S. apparel and textile manufacturing industry.
How close is too close, but not close enough?

Forget everything you know about Nordstrom before heading over to Treasure & Bond, a new concept store at 350 West Broadway in Manhattan's SoHo neighborhood.

What would fashion do without the heroic and largely unheralded efforts of Dov and Eddie to shake things up?

"Banks are like the tooth fairy, they go away when you stop believing in them. " That is, beyond all doubt, my favorite bit of commentary from the financial crisis -- the 2008 crisis, that is. I don't yet want to call this latest go around a crisis. Then again, with 500- and 600-point drops in market, it's hard to be optimistic.
I was told once that the notion of business strategy in fashion was a bunch of baloney.

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