Good news for American Apparel: the company was able to reach an agreement on a new mended credit agreement with its lead bank. It is a positive in this tight lending environment to see a company lock in a credit line or letter of credit.   Read More

As Dov Charney’s personal team winds up its appeal of the latest sexual harassment case against him, there has been a fairly-major reshuffling of the management team that has left Chief Financial Officer Ken Cieply on a job hunt. Back in May, Chief Financial Officer Ken Cieply resigned from American Apparel.   Read More

Getting more foreign models to walk New York city catwalks is apparently a topic more than a few readers feel passionate about. After reading some of your emails, I decided to post a few responses since they seem to cover a wide array of opinion on this sexy slice of the otherwise serious topic of H1-B visa reform.    Read More

Anthony Weiner is sponsoring a bill that gives models “of distinguished merit and ability” their own visa classification (P-4 status) which would group them with entertainers and athletes.   Read More

With the tear that Talbot’s stock price has been on, I think that it is safe to say that investors like what they heard from CEO Trudy Sullivan yesterday. Still that $50 million credit facility that it secured from Japanese retailer Aeon (also TLB’s largest shareholder) is a relatively small step in what will be a big turnaround project.    Read More

Here are the video clips of my interviews on American companies licensing overseas. Be sure and check out my blog post on this as well.   Read More

So many entertainment and toy giants are looking to lend their names to manufacturers who want to sell their name overseas. According to Disney their licensing business will grow to $30 billion dollars in 2008.   Read More

I asked CEO Lee Scott where the tipping point in terms of changing consumer behavior. His answer was an interesting one. Scott said it was undeniable that Wal-Mart's core customers were the first ones impacted by the spike in gasoline prices and they bought less.    Read More

How long can a slow economy mean good times at Wal-Mart? The company is betting that the traffic boost from rebate checks will carry into June and that grocery sales will still be strong in the month ahead. That’s why they’re forecasting sales up between 2-4%.    Read More

According to the NRF, nearly two-thirds (63%) of retailers experienced an increase in online resale of stolen items or "e-fencing" during the past 12 months. Maybe this illegal online market is booming because consumers are now comfortable with buying from eBay or unknown merchants if the price is right.    Read More