Financial
Frederick’s Sells $5M in Convertible Stock
Cash from deal with TTG Apparel to go to vendors.
— May 24, 2012
Giorgio Armani Sees Profit Climb 23%
The designer said China posted a 45 percent gain in sales last year, which helped increase the revenues of his fashion company in 2011.
— May 24, 2012
PVH Corp. Income Grows 61.5% in Quarter
Company surpasses guidance and estimates on strength from Tommy Hilfiger and Calvin Klein brands.
— May 23, 2012
Guess Net Again Hit by Europe Woes
Guess Inc. managed to beat Wall Street’s first-quarter estimates despite earnings and sales that were depleted by steep drops in its European business.
— May 23, 2012
St. John Put on Block by Vestar Capital
The fashion brand has hired investment bank Rothschild to look for suitors, WWD has learned.
— May 17, 2012
William McComb on the Offensive
The transformation from Liz Claiborne Inc. to Fifth & Pacific Cos. Inc. will be made official today when the firm’s stock starts trading under the ticker FNP.
— May 15, 2012
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