BizJournals Portfolio
Oct 28 2008 10:01am EDT

Morning Hemlines: Dillard's, Som, Online Retail

Two hedge funds that together own 5.27% of Dillard's Class A shares are calling for the ouster of the department store chain's C.E.O., William Dillard II, and members of his family. They are "overpaid and underqualified for the positions they hold." (WSJ)

Peter Som is officially leaving NexCen's Bill Blass, and will focus on his eponymous brand. (WWD)

Online retail sales are still growing in the U.S.; Forrester predicts a holiday increase of 12 percent over last year. (WWD)


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