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Steve Madden Owns Betsey Johnson, Employs Katy Perry
Steve Madden is one generous, wealthy, quirky dude. One day he’s saving a seasoned brand from bankruptcy, the next he’s turning a famous young singer into a fashion designer.
American Apparel Gets A Bad Letter From The NYSE
American Apparel said Monday it received notice that it was in danger of being delisted from the American Stock Exchange.
American Apparel Is $120 Million In Debt
American Apparel anticipates it will report a substantial loss of income for 2010′s second quarter, one of many problems that may lead the company to lose “liquidity necessary to sustain operations for the next twelve months,” both MarketWatch and WWD report — which, if you need a layman’s translation — means things are not looking good.
NYC To Pioneer Clothing Recycling Come September
There are two things we do with our unwanted clothes: put it in a garbage bag and drag it through the subways and streets of New York City to the nearest Goodwill, or just relieve ourselves from the back breaking task by chucking them into the garbage can. Admit it, most of us opt for the latter. There was never an easy alternative to conserve the constant cycle of fashion and trends for the big city – until today.
How To Shop The Ralph Lauren Runway In Your Bathrobe
Not to hit you over the head with it, but times are still pretty darn tough for the fashion industry. And if you’re a designer, you’ve got to stay ahead of the curve to keep competitive. Well, leave it to Ralph Lauren to raise to stakes. In step with the discussion about bringing the industry calendar in line with well, the actual calendar, today Lauren unveiled a new and improved website which features a virtual and completely shop-able fashion show.
Tommy Hilfiger Sold For $3 Billion
Tommy Hilfiger has just become (an even richer) very rich man. WWD reports that Phillips-Van Heusen has just paid $3 billion for the American ready-to-wear brand.
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