Tommy Hilfiger Down 26 Pct on U.S. Probe
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Shares of Tommy Hilfiger Corp. TOM.N  fell as much as 26 percent on Monday after a federal grand jury  subpoenaed documents on commissions paid to a foreign  subsidiary of the clothing maker.
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Tommy Hilfiger Corp. - whose once-hot preppy clothing business has cooled - is making a play to rekindle growth by buying luxury brand Karl Lagerfeld.
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High-end jewelry retailer Tiffany &amp; Co. said Thursday that third-quarter profit fell 26 percent to miss Wall Street expectations by 5 cents per share, due to weak Japan sales, high diamond and precious metal
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On Wednesday, the company&#39;s shares (NYSE: DWA) were priced at $28, according to media reports. That was above the $23 to $25 range predicted.
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The U.S. attorney for the Southern District in New York said on Tuesday he charged 26 individuals with taking part in "a wide-ranging scheme to commit mortgage fraud" at companies that brokered loans with a total face value of at least $200 million.
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Business tax cuts and proliferating shelters pushed the effective tax rate of 275 large US corporations down by 20 percent since 2001, even as their pretax profits jumped 26 percent, according
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Clothing retailer Gap Inc.  reported on Thursday a 26 percent drop in quarterly profit due to increased markdowns at Gap stores and losses at its failed Forth & Towne business.
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Treasuries prices turned slightly  lower on Tuesday in a classic buy the rumor sell the fact  reaction as a reading on U.S. consumption proved not as weak as  some had been betting.
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Tommy Hilfiger (TOM:NYSE - news - research) reported a drop in pretax earnings, lowered its guidance and delayed filing its second-quarter earnings statement amid an investigation by federal prosecutors into tax-related matters.
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Gap Inc.'s first-quarter profit dropped 26 percent as a new management team scrambled to regain the clothing retailer's fashion sense.
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South Korean police are seeking a 26-year-old woman on suspicion of embezzling about $1.4 million to fund a craving for designer shoes, bags and clothes, a spokesman said on Friday.
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Luxury jeweler Tiffany & Co. TIF.N on  Thursday said quarterly profit fell 26 percent, hurt by  lackluster sales in Japan and higher costs for precious metals  and diamonds.
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US fashion company Tommy Hilfiger Corporation and German designer Karl Lagerfeld, in a surprise move, have teamed up to âbuild Mr Lagerfeld&#39;s brands on a worldwide basisâ.
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Jewelry retailer Tiffany &amp; Co., dragged down by weaker-than-expected sales in Japan and higher precious metal and diamond costs, recorded a 26 percent drop in third-quarter earnings.
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Clothing maker Tommy Hilfiger suffered a mauling on Wall Street yesterday after disclosing it was the subject of a federal investigation that analysts said appeared to focus on tax avoidance.
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U.S. apparel chains, which are already suffering from slow back-to-school spending, on Wednesday saw their shares take a hit from a rating downgrade of industry leader Gap Inc.
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PARIS  - US fashion company Tommy Hilfiger announced it had bought up clothing brands belonging to the stylist Karl Lagerfeld for an undisclosed sum.