True Religion Apparel Inc posted lower-than-expected quarterly results on weak U.S. wholesale sales and lower gross margins, and gave a full-year outlook below market expectations, sending its shares down 7 percent.
Timberland appoints Suja Chandrasekaran as Chief Information Officer. In this role, Suja will be responsible for the development and execution of Timberland’s global information systems and strategies.
New York mayor Michael Rubens Bloomberg unveiled yesterday six key measures to support the fashion industry in his town. The project will link the growing number of young designers with professionals for business start-up advice.