Women’s Wear Daily
04.23.2014

Financial

Beauty

Financial

Page 1295 of 1326

Barneys Again Falls From Grace at Some Factors

NEW YORK -- Although Barneys New York insists it is financially sound, with a very strong Christmas in its pocket, a number of factoring firms are still refusing to approve shipments to the chain.

Factoring executives' complaints haven't...

French Designers Deal With Down Economy

PARIS -- With the Continent mired in its worst recession in a generation, fashion houses here continue to face the soft demand for their wares.

To fight the economic malaise, some are trying to learn more about their customers and serve them...

Leslie Fay Ordered To Pay $50,000 in Back Wages

NEW YORK -- The ILGWU said Tuesday that an independent arbitrator has ordered The Leslie Fay Cos. to pay approximately $50,000 to 70 employees in back pay and benefits for violating a labor contract agreement.

In the ruling, arbitrator John E....

Federated Won't Let Macy's Join Creditor Talks

NEW YORK -- Now it's Federated's turn to give Macy's the cold shoulder.

Federated Department Stores has rejected a request by R.H. Macy & Co. to be included in its meetings with Macy's creditors, it was learned.

Meanwhile, reports...

Hermes Int'l Sales Grow 16% in 1993

PARIS -- Hermes International announced a 16 percent jump in 1993 consolidated sales to $478.9 million (2.85 billion francs) at current exchange rates.

The company said that all activities posted sales increases last year, except for perfumes....

Richard Barrie Profit Increases 16.7% in Quarter, 42.4% in Half

ORANGE, Conn. -- Spurred by its Baryshnikov line and recently acquired Muelhens brands, Richard Barrie Fragrances Inc. reported earnings jumped 16.7 percent in the second quarter and 42.4 percent in the six months ended Dec. 31.

In the quarter,...

Claiborne Net Down 42% in Year

NEW YORK -- Liz Claiborne Inc., as expected, reported earnings skidded 71.3 percent in the fourth quarter and 42 percent in the year ended Dec. 31, and said it anticipates 1994 to be year of rebuilding.

"Without a doubt, 1993 was the toughest...

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