Sears Holdings is borrowing $400 million from a fund led by its chairman and CEO Edward Lampert.
In a statement about its $300 million investment in new and existing stores across Canada, luxury retailer Holt Renfrew announced that stores in Ottawa and Quebec City will close early next year.
Mitchell Lechner, president of the Dress Furnishings Group in the Heritage Brands division at PVH, has left the company.
Fabric maker PrimaLoft has developed a down blend it says is the next generation in apparel insulation.
An increase in consumer confidence and spending in August helped to boost retail sales, with apparel a particular bright spot.
California sportswear company BJD’s president Dave Wennerstrom has named Gary Lowy and David Carey to sales positions.
New brands and international business expansion help Cherokee book double-digit Q2 earnings and sales growth.
Lululemon says its overhaul remains on track, and has lifted its FY guidance despite a Q2 profit decline .