He's a fixer-upper, a turnaround king and a true connoisseur of the finely-knit Italian cashmere sweater. Industry watchers now say a surprise announcement to sell the upscale clothing chain to private equity may be h...
US fashion retailer J.Crew on Tuesday announced it will be acquired for some three billion dollars by two investment firms.Investors TPG Capital and Leonard Green & Partners agreed to buy J.Crew at a value of 43.
The fashion roadshow rolls into Paris this week, after glamour stops in Milan, New York and London, with faces old and new sending down the catwalks their women's ready-to-wear looks for spring/summer.
The U.S. trade gap widened a surprising 18.8 percent in June on a wave of consumer imports from China and other suppliers, suggesting U.S. second-quarter economic growth was weaker than previously thought.