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Aug 5 2008 9:18AM EDT

Morning Hemlines: Boscov's, Steve & Barry's, Adidas, V Man, Gucci

Following in the footsteps of Mervyn's and Goody's Family Clothing Co., middle-market retailer Boscov's files for Chapter 11. Sale of the company is being considered. (WWD)

Steve & Barry's won't disappear (yet). Bay Harbour Management LC will acquire the chain for $163 million, and plans to continue to operate the retail outlets. (WSJ)

Adidas profits up 12% thanks to the European soccer championship and the upcoming Olympics increasing sales in emerging markets. (Bloomberg)

Despite plummeting ad sales, most notably among big-name fashion glossies, the once bi-annual men's fashion tome V MAN will now be published quarterly. (Fashion Week Daily)

Gucci's sales rise due to lower-end bags, but will the company's newfound affordability damage its cachet? (The Cut)


by Sean Santiago


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