CHICAGO, Feb 11 - Nike Inc will likely "just do it," cutting its marketing budget this year as part of its push to reduce expenses. The world's largest athletic shoe and clothing maker said late...
MILAN (Reuters Life!) - Italian designer group Versace is to relaunch its second line Versus in a new deal covering both men's and womenswear, expanding its usually expensive celebrity-favorite designs to a wider clientele.
NEW YORK (Reuters) - Fashion consumers buffeted by recession's blows and chilled by bleak news may find welcome warmth and comfort in styles emerging for the fall season.
Strict new safety rules for toys and other children's products take effect next week, a move that has been applauded by parents and consumer advocates but jeered by industry groups as overly broad and a jobs-killer.
NEW YORK, Feb 10 - Nike Inc, the world's largest athletic shoe and clothing maker, said on Tuesday it could cut up to four percent of its workforce to reduce costs as it restructures its...
Free designer dresses, an army of admirers and $15,000 to stroll down a catwalk: no wonder thousands of teenage girls aspire to be a top model.
* Q4 EPS $1.35, excluding charge, vs Wall St view of $1.32 * Q4 revs fall 2 percent to $1.91 billion * Outlook sees 2009 EPS of about $5.42 * Shares up in extended trading...
The recession is prompting clothing makers and retailers to lower prices.
Shopping online can be a way to find bargains while steering clear of crowds - and sales taxes. But those tax breaks are starting to erode. With the U.S. recession pummeling states' budgets, their governments increasingly want to fill the gaps by collecting taxes on Internet sales, which are growing even as the economy shudders.
Commerce secretary designee Judd Gregg, said by President Barack Obama to be an "able and persuasive ambassador for industry and a skilled negotiator," has been a supporter of the US textile industry during his more than 15 years in Congress. As a senator from Vermont, Gregg voted in favor of the North America Free Trade Agreement (NAFTA) and the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), and supported President George Bush's bilateral and multilateral trade initiatives. Obama s