By Niva Goldberg On Wednesday, September 2nd, 2015

China’s Fosun to Buy Israeli Co Ahava for $77 Million

  Chinese investment giant Fosun has signed an agreement to buy the Israeli Dead Sea cosmetics company Hahava. Fosun International in June agreed to buy control of Israeli insurer Phoenix from Delek Group More...

By Ilan Shavit On Friday, August 21st, 2015

American Eagle Outfitters Looks for New CMO

  American Eagle Outfitters is looking for a CMO as Michael Leedy looks to step down from 15 September 2015, after more than four years, following a two year stint as CMO at Chico’s. He also worked More...

By Jewish Business News On Friday, August 14th, 2015

Moody’s Assigns A2 Rating to Ralph Lauren’s $300 Million Senior Unsecured Note Offering

Moody‘s Investors Service assigned a A2 rating to Ralph Lauren Corporation’s offering of new $300 million senior unsecured notes due 2020. The rating outlook remains stable. The net proceeds from the More...

By News Brief On Wednesday, August 12th, 2015

American Apparel Tells Shareholders They May Lose Their Shirts by Phil Wahba

  The clothing retailer warned investors they could lose everything if it is unable to raise more money and American Apparel reported another quarter of big losses. American Apparel’s cash problems keep More...

By Aviv Levy On Wednesday, July 15th, 2015

Gaon Holdings in Talks to Sell Ahava Stake

B. Gaon Holdings Ltd. (TASE: GAON) yesterday reported that it was holding preliminary talks for the sale of its share in cosmetics manufacturer Ahava Dead Sea Laboratories, controlled by Kibbutz Mitzpe Shalem. Gaon More...

By News Brief On Wednesday, July 8th, 2015

American Apparel Closing Stores, Laying Off Workers

American Apparel said the $30 million in cost cutting will take place over the next 18 months. The Los Angeles-based retailer did not say how many of its 239 stores would be shuttered or how many its 10, 000 workers More...

By Sima Ella On Friday, April 17th, 2015

Meet Buttercup: American Apparel’s Image-Fixing Model Is a Sloth

OK, it looks like a thoughtful effort to switch from sleaze and underage sex images, American Apparel’s trademark image, to supporting endangered animals in Costa Rica. American Apprael’s Instagram More...

By S.M. Lightening On Saturday, April 11th, 2015

Estee Lauder’s Granddaughter Creates Beauty Brand Aerin Beauty

The granddaughter of legendary beauty empire creator Estée Lauder, Aerin, 44, along with her sister Jane, are on Forbes magazine’s World’s Billionaires List for 2014 (She owns 16 million shares in More...

By Tibi Singer On Sunday, April 5th, 2015

New Business in Ukraine: T-Shirts With Kolomoisky Quotes

Late one night last March, billionaire Igor Kolomoisky, then still governor of Dnipropetrovsk Oblast region in the Ukraine, was coming out of his office, and Radio Liberty’s journalist Serhiy Andrushko More...

By Ilan Shavit On Tuesday, March 31st, 2015

Indian Manufacturer Arvind Pays Ralph Lauren $3.2 Million to Settle Licensing Dispute

Arvind Ltd (formerly Arvind Mills), an Indian textile manufacturer, announced on Monday that its subsidiary, Arvind Lifestyle Brands, would pay $3.2 million to Ralph Lauren to settle a 2013 lawsuit, Reuters More...


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