Sycamore to take apparel retailer Chico’s FAS private for nearly $1 billion
By Savyata Mishra (Reuters) -Chico’s FAS will be taken private by Sycamore Partners for $938.1 million in an all-cash deal, the apparel retailer said on Thursday, sending its shares surging to close…
India’s Nykaa and Dubai’s Apparel Group forge Gulf alliance
NEW DELHI (Reuters) -Indian cosmetics and fashion retailer Nykaa and Dubai-based lifestyle and fashion conglomerate Apparel Group have struck an alliance to expand in the Gulf region, the companies said on Thursday.…
Peloton loses lawsuit against Lululemon over new apparel line
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Thursday dismissed Peloton Interactive Inc’s lawsuit seeking a declaration it did not infringe Lululemon Athletica Inc’s patents in developing its own…
U.S. Attorney Announces $3.64 Million Settlement Of Civil Fraud Lawsuit Against Menswear Company And Its Manager For Underpaying Customs Duties Owed On Apparel Imported Into The United States
Damian Williams, the United States Attorney for the Southern District of New York, AnnMarie Highsmith, Executive Assistant Commissioner for U.S. Customs and Border Protection’s (“CBP”) Office of Trade, and Francis Russo, Director,…
In Less than 24 Hours CBP Officers in Louisville Intercept $3.65M in Counterfeit Designer Apparel & Unapproved Medication
LOUISVILLE, Ky— In 24 hours, U.S. Customs and Border Protection (CBP) officers in Louisville have seized a myriad of items: counterfeit driver’s licenses, counterfeit Apple Air pods and Watches, and counterfeit designer…
Trek Bicycle Launches its First Cycling Apparel Line that Contains More Sustainably Sourced Materials
As part of a greater effort to reduce its environmental footprint, Trek’s new line of jerseys, shorts and socks contains recycled fiber and diverts 40 tons of pre-consumer waste from landfills WATERLOO,…
Convicted Felon Sentenced To 25 Years in Prison for Armed Robberies of Two Banks and Minneapolis Apparel Store
ST. PAUL, Minn. – A Minneapolis man has been sentenced to 300 months in prison followed by five years of supervised release for a Hobbs Act robbery and multiple armed bank robberies.…
Sri Lanka’s apparel sector struggles with rolling power cuts
By Uditha Jayasinghe COLOMBO – Indika Prasanna Kumara ventures out every afternoon to try to find 200 litres of diesel for the Broadway Kids apparel factory in Sri Lanka so it can…
Sports apparel firm Fanatics buys Mitchell & Ness with Jay-Z, other celebrities
– U.S. sports merchandise retailer Fanatics said on Friday it had acquired 118-year-old Mitchell & Ness, known for its jersey replicas and streetwear, along with American rapper Jay-Z and other celebrities. The…
Outdoor Apparel Company Owner Guilty of Violating National Forest Service Regulations as part of Marketing Campaign
GRAND JUNCTION – David Lesh was found guilty of violating National Forest Service regulations for snowmobiling at Keystone Resort, which was closed in April 2020. United States Magistrate Judge Gordon P. Gallagher…
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