Retail/Business
Ackman Triples Stake in Target
Through his Pershing Square Capital hedge fund, Ackman tripled his stake in Target Corp.
— May 16, 2008
Men's Retail Prices Inch Up in April
Men’s retail apparel prices increased 0.9 percent in April compared to the previous month and 0.8 percent versus a year ago.
— May 15, 2008
Dolce for Dudes Only
Dolce & Gabbana will open its first men’s wear boutique on Sloane Street in London.
— May 9, 2008
Nike, Finish Line Open New Store Concept
Nike, Inc. and The Finish Line have opened a new retail concept named Finish Line Ltd.
— May 9, 2008
Kenneth Cole Profits Lower in Period
Kenneth Cole Productions reported meager first-quarter earnings and forecast a second-quarter loss.
— May 9, 2008
Wilsons Faces Delisting
Wilsons The Leather Experts said Wednesday that on May 1 it received a warning letter from the Nasdaq Stock Market.
— May 8, 2008
Gildan Profits Jump, But Below Expectations
Gildan Activewear Inc. doubled its diluted earnings per share in the second quarter but fell 8 cents short of its guidance.
— May 8, 2008
