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True Religion (clothing Brand)
True Religion Brand Jeans is an American clothing company established in April 2002 by Jeff Lubell and Kym Gold and is based in Vernon, California. Overview True Religion brand designer jeans are manufactured from premium denim they also make Designer clothing. Some of which is made in the United States. In 2009, True Religion was sold in about 900 boutiques and specialty stores in 50 countries on six continents. In May 2021, the company owned 50 retail stores in 30 countries. History Unusually, the brand began with the 2002 production of about 14,000 pairs of jeans, being, the co-founder Lubell has remarked, contrary to the typical business model, in which "you make a sample line, go to market, get orders, and ship your production." The company adopted a business model in which everything was outsourced, depending on contractors "to do everything." Its flagship store opened in 2005, in Manhattan Beach, California. True Religion products are also sold at major department sto ...
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Kym Gold
Kym Gold is an American fashion and home design executive. She is the founder of Bella Dahl, Hippie Jeans, Babakul, and Style Union Home, and the co-founder of designer jeans brand True Religion. Gold's designs have been worn by David Beckham, Tom Ford, Angelina Jolie, Donna Karan, Heidi Klum, Jennifer Lopez, Madonna, Gwyneth Paltrow, Gwen Stefani, Holly Robinson Peete, and Justin Timberlake. Her work has been included in ''Vogue'', ''Elle'', ''Harper's Bazaar'', ''InStyle'', and ''Rolling Stone'' magazines. Early life Gold was born in California to a Jewish family. She is an identical triplet. Career True Religion Gold co-founded True Religion with her then-husband, Jeff Lubell. Gold created a high-end denim line catering to all body types. The company eventually went public on the Stock exchange. According to Gold's autobiography, she served as vice president of True Religion. She created designs, and Jeff would source materials. Lubell and Gold's management styles conflicte ...
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Bloomingdales
Bloomingdale's Inc. is an American luxury department store chain; it was founded in New York City by Joseph B. and Lyman G. Bloomingdale in 1861. A third brother, Emanuel Watson Bloomingdale, was also involved in the business. It became a division of the Cincinnati-based Federated Department Stores in 1930 under then-president Samuel Bloomingdale. In 1994, the Macy's department store chain joined the Federated Department Stores holding company. In 2007, Federated Department Stores was renamed Macy's, Inc. As of October 29, 2022, there are 54 stores (56 boxes) including 32 department stores (34 boxes, all full line), 1 Bloomies, 1 furniture/other store and 20 outlet stores (There are a total of 35 stores) with the Bloomingdale's nameplate in operation throughout the United States. Its headquarters and flagship store are located at 59th Street and Lexington Avenue in the New York City borough of Manhattan. History 1980s–1990s The retail market boomed in the 1980s. New ...
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Jeans By Brand
Jeans are a type of pants or trousers made from denim or dungaree cloth. Often the term "jeans" refers to a particular style of trousers, called "blue jeans", with copper-riveted pockets which were invented by Jacob W. Davis in 1871 and patented by Jacob W. Davis and Levi Strauss on May 20, 1873. Prior to the patent, the term "blue jeans" had been long in use for various garments (including trousers, overalls, and coats), constructed from blue-colored denim. "Jean" also references a (historic) type of sturdy cloth commonly made with a cotton warp and wool weft (also known as "Virginia cloth"). Jean cloth can be entirely cotton as well, similar to denim. Originally designed for miners, modern jeans were popularized as casual wear by Marlon Brando and James Dean in their 1950s films, particularly ''The Wild One'' and ''Rebel Without a Cause'', leading to the fabric becoming a symbol of rebellion among teenagers, especially members of the greaser subculture. From the 1960s onwar ...
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Retail Apocalypse
A retail apocalypse is the closing of numerous brick-and-mortar retail stores, especially those of large chains worldwide. It began around 2010, and was severely exacerbated by the mandatory closures during the COVID-19 pandemic. In 2017, over 12,000 physical stores closed due to factors including over-expansion of malls, rising rents, bankruptcies, leveraged buyouts, low quarterly profits outside holiday binge spending, delayed effects of the Great Recession, and changes in spending habits. American consumers have shifted their purchasing habits due to various factors, including experience-spending versus material goods and homes, casual fashion in relaxed dress codes, as well as the rise of e-commerce, mostly in the form of competition from juggernaut companies such as Amazon.com and Walmart. A 2017 ''Business Insider'' report dubbed this phenomenon the "Amazon effect," and calculated that Amazon.com was generating greater than 50% of the growth of retail sales. Dissenting ...
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Women's Wear Daily
''Women's Wear Daily'' (also known as ''WWD'') is a fashion-industry trade journal often referred to as the "Bible of fashion".Horyn, Cathy"Breaking Fashion News With a Provocative Edge" ''The New York Times''. (August 20, 1999). It provides information and intelligence on changing trends and breaking news in the men and women's fashion, beauty and retail industries. Its readership is made up largely of retailers, designers, manufacturers, marketers, financiers, media executives, advertising agencies, socialites and trend makers. ''WWD'' is the flagship publication of Fairchild Media, which is owned by Penske Media Corporation.Rothenberg, Randall"From Pauline Trigere, a Dressing Down" ''The New York Times''. (August 17, 1988). In April 2015, the paper switched from a daily print format to a weekly print format, accompanied by a daily digital edition. In 2017, it announced it would ramp up its focus on digital, reducing its regular print schedule further and opt instead to publish ...
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Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic trade ...
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PVH Corp
PVH may refer to: Organisations * PVH (company), an American clothing company * Phoenix Venture Holdings, a British automotive company Places * Pascack Valley Hospital, a hospital in Westwood, New Jersey, United States * Poudre Valley Hospital, a hospital in Fort Collins, Colorado, United States * Governador Jorge Teixeira de Oliveira International Airport (IATA code), in Porto Velho, Brazil Science and technology * Paraventricular nucleus of hypothalamus The paraventricular nucleus (PVN, PVA, or PVH) is a nucleus in the hypothalamus. Anatomically, it is adjacent to the third ventricle and many of its neurons project to the posterior pituitary. These projecting neurons secrete oxytocin and a smaller ..., in anatomy * Hardware virtual machine guests with paravirtualized drivers (PV-on-HVM or PVH), in the Xen hypervisor {{disambiguation, geo ...
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Ralph Lauren Corporation
Ralph Lauren Corporation is an American publicly traded fashion company that was founded in 1967 by American fashion designer Ralph Lauren. The company is headquartered in New York City, producing products ranging from the mid-range to the luxury segments. They are known for marketing and distributing products in four categories: apparel, home, accessories, and fragrances. The company's brands include the mid-range Chaps brand, to the sub-premium Lauren Ralph Lauren brand, to the premium Polo Ralph Lauren, Double RL, Ralph Lauren Childrenswear, and Denim & Supply Ralph Lauren brands, up to the full luxury Ralph Lauren Purple Label and Ralph Lauren Collection brands. Ralph Lauren licenses its name and branding to Luxottica for eyewear; L'Oréal for fragrances and cosmetics; Hanesbrands for underwear and sleepwear; Kohl's and Hollander Sleep Products for bedding; Designers Guild for fabric and wallpaper; and EJ Victor for home furniture. History Ralph Lauren was one of several de ...
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VF Corporation
VF Corporation (formerly Vanity Fair Mills until 1969) is an American global apparel and footwear company founded in 1899 and headquartered in Denver, Colorado. The company's 13 brands are organized into three categories: Outdoor, Active and Work. The company controls 55% of the U.S. backpack market with the JanSport, Eastpak, Timberland, and North Face brands. History In October 1899, John Barbey and a group of investors established the company as Reading Glove and Mitten Manufacturing Company (or simply The Reading Glove) in Reading, Pennsylvania. Incorporated on December 4 later that year, they began with $11,000 in a factory that was leased for $60/month. Expanding into silk lingerie in 1913, The Reading Glove was renamed Schuylkill Silk Manufacturing, branding its lingerie line as Vanity Fair. Soon thereafter, the company name changed in turn to Vanity Fair Mills, eventually going public in 1951. In 1969, the H.D. Lee Company (now Lee) was acquired, accompanied by Van ...
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TowerBrook Capital Partners
TowerBrook Capital Partners, L.P. is an investment management firm headquartered in London and New York City. TowerBrook spun out of Soros Fund Management in 2005 and became known for acquiring majority stakes in companies such as Jimmy Choo. Managing $13.7 billion in a number of private equity funds and structured opportunities funds, TowerBrook listed 30 active investments on its website as of 2020. History 2005 and prior TowerBrook Capital Partners was formed as a spin-off of George Soros' equity management firm, by Jennifer Ternoey. TowerBrook's co-founders, Neal Moszkowski and Ramez Sousou, had previously served as co-heads of Soros Fund Management's private equity arm, Soros Private Equity (SPEP); SPEP launched its first fund around 2000. SPEP was also an early investor in companies such as Eircom, CSTV Networks, and Cablecom, which it sold to Liberty Global in 2005. In April 2005, Moszkowski and Sousou spun out SPEP from Soros Fund Management to establish TowerBrook Capi ...
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Retail Apocalypse
A retail apocalypse is the closing of numerous brick-and-mortar retail stores, especially those of large chains worldwide. It began around 2010, and was severely exacerbated by the mandatory closures during the COVID-19 pandemic. In 2017, over 12,000 physical stores closed due to factors including over-expansion of malls, rising rents, bankruptcies, leveraged buyouts, low quarterly profits outside holiday binge spending, delayed effects of the Great Recession, and changes in spending habits. American consumers have shifted their purchasing habits due to various factors, including experience-spending versus material goods and homes, casual fashion in relaxed dress codes, as well as the rise of e-commerce, mostly in the form of competition from juggernaut companies such as Amazon.com and Walmart. A 2017 ''Business Insider'' report dubbed this phenomenon the "Amazon effect," and calculated that Amazon.com was generating greater than 50% of the growth of retail sales. Dissenting ...
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