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Aug 20 2008
10:45AM
EDT
Morning Hemlines: Saks, Target, Chanel, Janet Jackson, Fifth Avenue, TJX
More dreary news in retail: Losses at Saks grew in the second quarter (WSJ) and Target's profits fell 7.6 percent. (WSJ)
Lifetime's up coming movie about Coco Chanel will make you feel that "you may never get inspired by anything again." (NY Post)
Janet Jackson will launch a lingerie line. (WWD)
The most desirable stretch of Fifth Avenue is seeing a lot of retail turnover. (NY Times)
TJX sold its Bob's Stores division to private equity firms Versa Capital Management and Crystal Capital for an undisclosed sum. (DNR)
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Archive
Dec
2008
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