Sports-apparel maker Quiksilver Inc will receive only 40 percent of the originally agreed price for its Rossignol business, given the current turmoil in credit markets, but got an extension on a credit line that was due to mature on Friday.
Atop its pink factory in downtown Los Angeles, a sprawling banner declares American Apparel a "Compania Rebelde" (rebel company) and all over town, benches and billboards sponsored by the company shout "Legalize LA.
Chinese cultural officials are voicing anger over the planned sale of two national treasures in a high-profile auction of art amassed by late fashion king Yves Saint Laurent, state media said Saturday.
Women's apparel retailer Cache Inc posted a narrower-than-expected quarterly loss as tight inventory controls and better merchandise positioning mitigated some of the effects of a reduction in mall traffic.
Two of the country's biggest clothing retailers reported lower annual profits and weaker recent trading on Tuesday as turbulence in financial markets adds to the pressure on shoppers from high food and fuel costs.
Pacific Sunwear of California Inc on Tuesday, October 21st said it rejected an unsolicited buyout offer from athletic-clothing retailer Adrenalina , saying the proposal was not in the best interests of its shareholders.
Finnish textile design company Marimekko said Tuesday, October 14th it had reached an agreement with Italian fashion house Dolce & Gabbana to end their spat over its trademarked poppy flower pattern "Unikko".
U.S. textile groups seeking new restrictions on clothing imports from China won a victory on Thursday when an American lawmaker requested the U.S. International Trade Commission to collect data on the trade.
Democratic presidential candidate Barack Obama would ramp up pressure on China and other countries that violate trade rules and put less emphasis on cutting new trade deals if he captures the White House, a representative of the Obama campaign said on Wednesday.