Dorothy Lakner News
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True Religion Apparel Inc., the maker of designer jeans worn by celebrities from Megan Fox to Angelina Jolie, stands to recover the 39 percent it cost shareholders this year by selling itself.
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True Religion Apparel Inc., the maker of the namesake designer jeans, surged the most in more than three years after saying it will explore strategic alternatives, including a possible sale.
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In a reverse of the age-old maxim, Inditex SA has made it pretty much everywhere except New York. Tomorrow’s opening of its Massimo Dutti chain for urban professionals on Fifth Avenue marks the Zara owner’s push to change that.
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With Europeans and Asians buying fewer $65,000 diamond necklaces and $10,000 amethyst earrings, Tiffany & Co. may be in for a less-than-glittering 2012.
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American Eagle Outfitters Inc., the teen-apparel chain that brought in a new chief executive officer in January, rose the most in three months after raising its full-year profit forecast amid increasing sales.
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Wall Street loves Gap Inc. Again.
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Gap Inc. and Target Corp. reported March same-store sales that topped analysts’ estimates as unseasonably warm weather and an earlier Easter holiday boosted purchases of spring merchandise.
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Sarah Greenberg, a jewelry designer in Oakland, California, used to craft half of her collection from gold. Now, she doesn’t even carry pieces made from the precious metal in stock.
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Payless ShoeSource is poised to sell itself for less than any apparel retailer in America, which may be the best price it can get.
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Collective Brands Inc., owner of the Payless ShoeSource chain, may lure private equity buyers as it trades at a 76 percent discount to its sales.
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