Tommy Hilfiger News
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U.S. stocks rallied, giving the Standard & Poor’s 500 Index its biggest gain since January, on better-than-forecast economic data and speculation the Federal Reserve will signal plans to maintain record low interest rates.
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Phoenix’s star is rising. The band has rave reviews, wild shows and soaring sales.
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Rue21 Inc., the operator of more than 900 teen apparel shops, agreed to be bought by private-equity firm Apax Partners in a $1.1 billion deal.
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After Hennes & Mauritz AB and Inditex SA, Europe’s two largest clothing retailers, committed to an agreement to improve fire and building safety in Bangladesh, pressure is mounting on U.S. retailers to sign the pact.
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Wal-Mart Stores Inc. said it won’t accept an agreement “at this time” to improve fire and building safety in Bangladesh that’s supported by labor monitoring groups and was signed by several retailers this week.
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Western retailers and international labor activists who met earlier this week in Germany are still wrangling over a two-year-old memorandum aimed at improving Bangladesh factory safety.
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Growing up as one of nine children in Elmira, New York, clothing maker Tommy Hilfiger got an early lesson in wardrobes and sharing.
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Tommy Hilfiger Group hired former Gap Inc. executive John Ermatinger to be its first chief executive officer for Asia.
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When a fire at the Tazreen garment factory in Bangladesh killed 112 people in November, many wondered what more it would take before something would be done to improve labor conditions in the country, the world’s No. 2 clothing exporter.
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Bangladesh authorities arrested Sohel Rana, the owner of the building where at least 362 people were killed when the factory complex collapsed on April 24, the biggest disaster in the country’s garment industry.
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