Dov Charney’s ouster at American Apparel Inc. may bring out the bargain hunters.
American Apparel Inc. replaced Chief Executive Officer Dov Charney, who has faced accusations of sexual harassment, after an investigation into unspecified misconduct at the casual clothing maker he founded.
Mickey Drexler has amassed more than $350 million from the leveraged buyout of J. Crew Group Inc. even as he struggles to revive sales and restore the apparel chain’s fashion cachet.
Gap Inc., which drew legions of young adults in the 1990s with classic khakis and swing-dancing ads, is again banking on young, hip customers to resuscitate its sales. Too bad they’re broke now.
Kate Spade wants to be Ralph Lauren.
Shorting American Apparel Inc. is back in style.
Warnaco Group Inc. wants something to come between it and its Calvin Klein brand.
Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 4 p.m.
Gap Inc. and Target Corp. were among U.S. retailers posting February same-store sales gains that topped analysts’ estimates as unseasonably warm weather boosted purchases of spring merchandise.
"The Street is looking at this as an opportunity for another CEO to run the company in a much more normalized fashion."
- Eric Beder on Jun 19, 2014