Women’s Wear Daily
04.17.2014

Financial

Beauty

Financial

Page 1291 of 1326

Evelyn Davis Says Firms Aim To Deter Stockholders From Coming To Meetings

NEW YORK -- Corporate gadfly Evelyn Y. Davis smells a rat.

The woman whose mission is to confront American corporate board members on behalf of smaller shareholders is particularly incensed these days over what she sees as an unhealthy trend...

Unilever Acquires Cosmetics and Scent Company in Russia

LONDON -- Unilever has made its first acquisition in Russia with the purchase of approximately 90 percent of the fragrance and cosmetics company Severnoye Siyaniye of St. Petersburg.

The purchase price was not disclosed. Unilever said it plans...

Saks to Shut Palo Alto Store

NEW YORK -- Saks Fifth Avenue said Monday that it has decided to close its Palo Alto, Calif., location.

The company is looking for a new tenant for the store. In the meantime, it will convert the store into a Clearinghouse, Saks' clearance...

Arnault Holdings Post Sales Hikes For '93

PARIS -- Two holding companies within Bernard Arnault's luxury goods empire reported gains in consolidated sales for 1993.

The Au Bon Marche holding reported a 9.7 percent increase in sales, to $4.7 billion (27.59 billion francs) at current...

Wool Prices Rising Down Under

NEW YORK -- The price of wool in Australia is on the rise, and that comes as very good news to growers there.

In addition, the emergence of wool in several apparel segments, along with a blossoming U.S. market, is lifting the spirits of an...

Macy's Facing a Crucial Test in Courtroom

NEW YORK -- It's getting close to crunch time for the bankrupt R.H. Macy & Co.

At 2 p.m. today, a hearing starts on Macy's request for an extension of the March 15 deadline for proposing a reorganization plan.

Meanwhile, Myron E....

N.Y., Texas Protest Macy's Bid to Delay its Chapter 11 Plan

NEW YORK -- Two states claiming to be owed $55.5 million in back sales taxes are objecting to R.H. Macy & Co.'s request for a six-month extension of its time to file a reorganization plan.

New York, which says it is owed $55 million, and...

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