May 6, 2013 |
Say there's a concert scheduled at a major Los Angeles venue, but that managers smell gas in the air before the show goes on. Chances are that they will cancel the event and take a loss out of an abundance of caution, said Dov Charney, chief executive of local clothing company American Apparel. But the same steps weren't taken last month, when a garment factory in Bangladesh crumpled soon after workers complained of cracks appearing in the walls, Charney said. More than 600 people died in the collapse, according to several reports.
April 22, 2013 |
Actor Matthew McConaughey will launch a new clothing line called JKL . McConaughey partnered with Canadian-based Grand National Apparel on the mainly sportswear-based collection. A portion of the sales from JKL will go to benefit McConaughey's charity the just keep livin foundation, which supports after-school fitness and wellness programs at inner-city schools. [ Yahoo ] Macy's has launched a new Keds apparel line at Macy's stores nationwide and online at Macys.com and Keds.com.
April 22, 2013 |
Ralph Lauren Corp., the American maker of luxurious preppy fashions, will pay $1.6 million to settle bribery claims related to its dealings in Argentina. In a 2010 internal review, the clothing company uncovered evidence of a subsidiary bribing Argentine officials to the tune of $593,000 over four years, the U.S. Securities and Exchange Commission said in a statement . Within two weeks of the discovery, Ralph Lauren reported the violations to the regulatory agency, offering up relevant documents translated into English, even bringing foreign witnesses to the U.S. for interviews, according to the SEC. Its cooperation with authorities -- “the right thing” to do, according to the agency -- helped the New York-based company avoid prosecution, the SEC said.
September 9, 2012 |
Dylan's Candy Bar, a New York sweets-selling institution, celebrated its Los Angeles expansion on Saturday with a celebrity opening at shopping destination the Original Farmers Market. Janet Jackson, Marcia Cross, Blair Underwood, Mario Lopez and other family-friendly stars packed the colorful space and cheered on its proprietor, Ralph Lauren's stylish and, clearly, candy-loving daughter Dylan. "We've been trying to open here for years," Lauren told the Ministry of the storefront, "and it's right for the entertainment industry because we film a lot of the things out of the store.
July 19, 2012 |
Ralph Lauren, the crown prince of preppy, received more than $30 million in compensation in 2011 from the corporation he founded and of which he and his family control about 73%. He is on the Forbes list of billionaires. The Ralph Lauren firm physically produces nothing: It is a design, marketing and licensing operation that hires factories to make its stuff. The company has had the U.S. Olympic team deal since 2008. A men's team shirt costs $425 and a woman's skirt $498. The beret that makes the athletes look like recruits for the U.S. Special Forces and a T-shirt each cost $55. Perhaps it is the high unemployment rate or the in-your-face patriotism induced by an election year, but the news that Lauren's prep-chic outfits are made in China has produced a rare bipartisan storm of criticism.
July 17, 2012
Re "Ralph Lauren to make 2014 Olympic uniforms in U.S.," Business, July 14 You can't blame Ralph Lauren or any of its competitors for having their garments made in China. It's the U.S. government that needs to step up and offer attractive incentives to American designers and businesses to produce their products domestically. Otherwise, "Made in the USA" labels will become extinct. Gregory Diamond Los Angeles Americans have every right to be outraged by the disclosure that Team USA's uniforms for the 2012 Olympic Games are made in China.