• A rapper's friend says that Nipsey Hussle tried to warn the man accused of killing him about 'snitching' rumors

    A rapper's friend says that Nipsey Hussle tried to warn the man accused of killing him about 'snitching' rumors

    According to new testimony, Nipsey Hussle tried to warn his alleged killer about rumors going around the neighborhood that he was 'snitching' right before the beloved rapper was killed.
  • Ann Taylor to ditch alpaca wool after PETA probe

    Ann Taylor to ditch alpaca wool after PETA probe

    Ann Taylor is packing up the alpaca. Ascena Retail Group, the clothing conglomerate that owns the Ann Taylor, LOFT and Lou & Grey plans to stop using wool from the llama-like creatures amid
  • Fanatics’ Michael Rubin buys sports cap maker in deal that saves 200 jobs

    Fanatics’ Michael Rubin buys sports cap maker in deal that saves 200 jobs

    Fanatics, which runs the sports merchandising for all the pro sports leagues, has just acquired the largest maker of college sports caps in a deal that’s saved 200 jobs from the coronavirus pandemic. The Jacksonville, Fla., firm said Tuesday it has purchased the cap-making operations of Top of the World, a $100 million company that …
  • Men’s Wearhouse files for bankruptcy as men sport sweats over suits

    Men’s Wearhouse files for bankruptcy as men sport sweats over suits

    Suit retailer Men’s Wearhouse filed for bankruptcy on Sunday as the coronavirus has kept millions of office workers at home and in lounge pants. Parent company Tailored Brands, which also owns Jos A. Bank, filed for Chapter 11 protection in Houston, Tex., after reaching a deal with a majority of its lenders to keep 1,400 …
  • Under Armour’s stock surges on surprisingly small quarterly loss

    Under Armour’s stock surges on surprisingly small quarterly loss

    Under Armour reported a smaller-than-expected quarterly loss on Friday, as it sold more merchandise online with customers staying at home during the coronavirus lockdowns, sending its shares up about 10 percent in early trading. Even as stores were temporarily shut, activewear companies such as Under Armour have been able to benefit from demand for home …
  • JCPenney to cut 1,000 jobs, shutter 152 stores

    JCPenney to cut 1,000 jobs, shutter 152 stores

    JCPenney said on Wednesday it would cut about 1,000 jobs and shutter 152 stores as the US department store chain looks to emerge from Chapter 11 protection and the COVID-19 crisis. The layoffs would affect corporate, field management, and international roles and eligible departing employees would receive a severance package. The company is also in …
  • H&M temporarily shutters some stores over George Floyd protests

    H&M temporarily shutters some stores over George Floyd protests

    H&M, the world’s second-biggest fashion retailer, said on Tuesday it had temporarily closed 95 of its stores in the US because of the violent protests following the death of George Floyd in police custody. “We have closed 95 stores temporarily due to the protests,” an H&M spokesman told Reuters. The protests erupted across the US …
  • Ralph Lauren profits sees surge from Chinese online sales

    Ralph Lauren profits sees surge from Chinese online sales

    Ralph Lauren said on Wednesday a surge in online shopping was helping it get back on track in China and putting it on course for a recovery from the financial damage wrought by the COVID-19 lockdowns in other markets as well. Online sales in China, a crucial growth market for luxury goods companies, jumped 76 …
  • Gap buying more robots for warehouses — but still needs to hire extra humans

    Gap buying more robots for warehouses — but still needs to hire extra humans

    Apparel chain Gap is speeding up its rollout of warehouse robots for assembling online orders so it can limit human contact during the coronavirus pandemic, the company told Reuters. Gap reached a deal early this year to more than triple the number of item-picking robots it uses to 106 by the fall. Then the pandemic …
  • Kohl’s removes Jennifer Lopez, seven other brands from stores

    Kohl’s removes Jennifer Lopez, seven other brands from stores

    Kohl’s said the coronavirus crisis would have a material impact on results this year as it removed eight brands including Jennifer Lopez, Juicy Couture and Popsugar from its stores and warned demand