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The world's two biggest fashion retailers backed an accord aimed at preventing a repeat of last month's collapse of a Bangladesh factory building.
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May 21- Gap Inc's chairman and CEO said on Tuesday the U.S. retailer was ready to sign a global accord designed to prevent another deadly disaster in Bangladesh's garment industry, provided there were some "very minor accommodations."
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May 15- A trans-Atlantic divide between European and U.S. retailers over how best to respond to fatal disasters in Bangladesh textile factories split wide open on Wednesday, with U.S. retailers claiming their European counterparts are giving labor unions too much control over ensuring workplace safety.
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May 14- North American retailers on Tuesday discussed forging their own Bangladesh safety agreement--an alternative to a legally binding accord that many European retailers have signed on to--though details of any alternative accord were still unclear.
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The trade associations collaborating on a possible North American plan include the National Retail Federation, Retail Industry Leaders Association, American Apparel& Footwear Association, United States Association of Importers of Textiles and Apparel, Retail Council of Canada and Canadian Apparel Federation, according to people familiar with the talks.
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STOCKHOLM/ MADRID, May 13- The world's two biggest fashion retailers Inditex and H&M, along with several other companies, have backed an accord aimed at preventing a repeat of last month's collapse at a Bangladesh factory building that killed more than 1,100 people.
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NEW YORK-- Calvin Klein Inc., a subsidiary of PVH Corp., said Monday that it plans to rebrand its ck Calvin Klein line of apparel and accessories as Calvin Klein featured on a platinum label. The distribution of the line is focused on Europe and Asia. Shares of New York- based PVH fell $1.04 to $118.38 in midday trading Monday.
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The world's two biggest fashion retailers backed an accord aimed at preventing a repeat of last month's collapse of a Bangladesh factory building.
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May 7- J.C. Penney Co Inc on Tuesday reported another quarter of steep sales declines, hit by the lingering effects of its former chief executive's failed marketing strategy.
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May 7- J.C. Penney Co Inc on Tuesday reported another quarter of steep sales declines, hit by the lingering effects of its former chief executive's failed marketing strategy.
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*Credit Suisse adds to focus list; rating outperform. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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April 24- Jones Group Inc, the fashion company that owns retail chains Nine West and Jones New York, said it will close about 170 underperforming U.S. stores by mid-2014 and cut its workforce by about 8 percent in a bid to revive profits.
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Research Director for Mad Money, Nicole Urken, discusses JCP’s demise and the difficulty of turnaround.
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NEW YORK, March 28- U.S. stock index futures edged up on Thursday and were set to close out a strong quarter, as investors shifted focus from developments in the euro zone and Cyprus to the U.S. economy, which is expected show continued improvements.
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On Wednesday shares of PVH slipped lower to about flat on year. What gives?
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With the quarter quickly drawing to a close, Jim Cramer thinks the week ahead could be whopper.
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From a FedEx delivery guy to a referee, there are few characters Jim Cramer won't play! Here are eight of his craziest getups to commemorate the eighth anniversary of "Mad Money."
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Check out which companies are making headlines after the bell Thursday:
