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Fashion Inc.

by Sara Clemence
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Morning Hemlines: Abboud, Rochas, Mad Men, Dillard's, Hardison   Morning Hemlines: Polo, McQueen, Obama

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Nov 04 2008 11:18am EDT

Morning Hemlines: M&S, Barney's, American Apparel, Puma, Politics

Marks and Spencer's profits for the first half of 2008 dropped 43.6 percent, to $430 million. (WWD)

Moody's downgraded Barney's debt to "Caa1" from "B3" on Monday. (WWD)

Court documents show that American Apparel settled a sexual harassment suit with a former employee, with the agreement stipulating that everyone pretend the retailer had won an arbitration decision on the merits of the case. (WSJ)

Puma upped its full-year sales forecast. (DNR)

Who's the best-dressed politician on the campaign trail? (UK Guardian)

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