*Deal gives Steinhoff exposure to African clothing market. JOHANNESBURG, Nov 25- South Africa's Steinhoff International will buy clothing retailer Pepkor in a $5.7 billion deal that gives the budget furniture firm exposure to Africa's fast-growing apparel market and strengthens its business in eastern Europe. The 62.8 billion rand cash and share deal will...» Read More
Jimmy Choo, the luxury shoemaker, has raised 140p per share in an IPO on the London Stock Exchange valuing it at £545.6 million ($877 million).
Oct 14- Women's apparel retailer Ann Inc said it had entered into a confidentiality agreement with private equity firm Golden Gate Capital, a month after some hedge funds pushed the company to sell itself. Ann's shares were up about 7.4 percent at $39.50 in after market trading. Last month, hedge funds Red Alder LLC and Engine Capital urged Ann to consider selling...
Oct 14- Women's apparel retailer Ann Inc said it had entered into a non-disclosure agreement with private equity firm Golden Gate Capital, a month after some hedge funds pushed the company to sell itself. Last month, hedge funds Red Alder LLC and Engine Capital urged Ann to consider selling itself to a private equity firm or another apparel company, stepping up...
Retail experts disagree on whether falling oil prices will bring in more foot traffic and help holiday sales.
Despite recent scandals NFL merchandise is soaring. Doug Mack, Fanatics CEO, says sales of NFL gear are up 20 percent so far this season.
Oct 8- Gap Inc Chief Executive Glenn Murphy will retire in February and hand over the reins of the apparel retailer to its digital business head Art Peck, as the company looks to tap customers' increasing preference for online shopping. He will also join the board of the company, which owns fashion brands such as Gap, Banana Republic and Old Navy.
Oct 8- Apparel retailer Gap Inc said Art Peck, who heads the company's growth, innovation and digital division, would take over as chief executive, effective Feb. 1. Peck will succeed Glenn Murphy, who will retire after heading the company for seven years, Gap said in a statement. Under Murphy's leadership, Gap expanded to 50 countries, including China, from about 10,...
WASHINGTON, Oct 2- The U.S. Supreme Court on Thursday said it would consider whether a Muslim woman denied a job at an Abercrombie& Fitch Co clothing store because she wears a head scarf was required to specifically request a religious accommodation. The nine justices agreed to hear an appeal filed in the closely watched case by the U.S. Equal Employment...
Sept 29- Struggling apparel retailer American Apparel Inc said it had hired Scott Brubaker, a managing director at turnaround firm Alvarez& Marsal, as interim chief executive, three months after ousting controversial CEO and founder Dov Charney.
Kate McShane of Citigroup, breaks down Nike's better-than-expected Q1 earnings. McShane says gross margins really contributed to the results this quarter.
After Nike's strong quarter, the FMHR traders take their positions in sports stocks, including Under Armour.
CNBC's Jim Cramer breaks down Nike's better-than-expected quarterly earnings. Cramer says this stock was the layup short of all time and CEO Mark Parker is a great competitor.
The missing chief executive of China's Ultrasonic has resurfaced in China to deny absconding with millions of dollars, saying he lost his phone.
Nike said it had suspended its contract with National Football League athlete Adrian Peterson over allegations of child abuse.
LeBron James may be one of the biggest names on the basketball court, but his shoe sales still can't touch No. 23.
LeBron James will soon rejoin the Cleveland Cavaliers for training camp but he had some business to take care of first.
After Urban Outfitters's apparently faux-bloody Kent State sweatshirt, Carole Roth draws the line between humor and bad taste.
Discussing Lululemon's Q2 earnings and how the retailer looks as an acquisition, with Sam Poser, Sterne Agee senior research analyst.
As New York Fashion Week has grown to include mainstream brands, the twice-a-year spectacle now encompasses both the high end and everyday.
It wasn't hard to imagine tossing on one of the lightweight dresses or swimsuits being worn on the runways during New York Fashion Week.