• JCPenney to hire advisers in struggle to manage debt amid coronavirus

    JCPenney to hire advisers in struggle to manage debt amid coronavirus

    JCPenney has approached consulting firm AlixPartners as the US retailer looks at options for managing its debt, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. Brick-and-mortar retailers are struggling to keep up with the shift to online shopping, and the crisis has been exacerbated by the coronavirus outbreak that has forced …
  • Kevin Hart partners with Fabletics on men’s activewear collection

    Kevin Hart partners with Fabletics on men’s activewear collection

    No funny business here. Kevin Hart has partnered with Fabletics, the activewear brand co-founded by Kate Hudson in 2013, to launch Fabletics Men. The collection, set to launch in late April, will consist of foundational layers, high-performance activewear tops and bottoms, pre- and post-workout pants, joggers, hoodies and crewneck sweatshirts, according to a press release. …
  • PETA on the hunt for bargain stocks

    PETA on the hunt for bargain stocks

    Animal rights group PETA is on a shopping spree — for cheap stocks. People for the Ethical Treatment of Animals scooped up shares in nearly two dozen apparel companies, including Ralph Lauren, Urban Outfitters, Guess and Ugg owner Deckers Outdoor Corporation for the right to attend their shareholder meetings and pressure them into giving up …