As surprising as it may seem to many of us when large corporations with familiar brands vanish suddenly from the scene, it happens. Major companies like Saab, Borders, and Countrywide -- just to same a recent few -- are now history. Who's next? Read on ...
CEOs are supposed to know when to say no. But when it comes to the temptation of having an adulterous affair, even some of the toughest-minded bosses just can't hold up a stop sign. Here are nine chief execs (all men) who made headlines for succumbing to the call of lust.
In style blogs and magazines, fashionistas have begun bandying about a new term: prepster. Is this merger between preppy and hipster the new style that retailers are rushing to embrace?
The renegade clothing maker and retailer led by the outrageous Dov Charney faces high-drama legal problems worthy of a daytime soap: sexual harassment suits, a wage-and-hour suit, immigration problems and shareholder suits. But federal probes into accounting issues could be the biggest threats to its existence.
With the prospects for economic recovery iffy at best and consumer spending still sluggish, retailers are closing their weakest stores in order to protect profits.
It was once a model for clothing retailers, with hip marketing campaigns, steady profit, a high-flying CEO and products made in the USA. But a series of financial and legal troubles leaves American Apparel's future in serious doubt.
