(Reuters) – VF Corp withdrew its full-year revenue and profit forecasts on Monday, with demand for its higher-priced apparel and footwear easing as customers turn more cost conscious, especially in …
Apparel
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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 …
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By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s apparel export earnings could slump by $1 billion this year, a top industry expert said on Wednesday, as slowing global demand hits …
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U.S. Attorney Announces $1.3 Million Settlement Of Civil Fraud Lawsuit Against Apparel Importer For Underreporting Value Of Goods To Avoid Paying Customs Duties
by DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, Ivan J. Arvelo, the Special Agent-in-Charge of the New York Field Office of Homeland Security Investigations (“HSI”), …
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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 …
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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 …
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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
by DOJ PressDamian 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 …
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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 …
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Trek Bicycle Launches its First Cycling Apparel Line that Contains More Sustainably Sourced Materials
by Your NewsAs 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 …
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Convicted Felon Sentenced To 25 Years in Prison for Armed Robberies of Two Banks and Minneapolis Apparel Store
by DOJ PressST. 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 …
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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 …
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– 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 …
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Outdoor Apparel Company Owner Guilty of Violating National Forest Service Regulations as part of Marketing Campaign
by DOJ PressGRAND 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 …