Clothing Company | featured news

Gap Inc. is closing stores and downsizing others in the U.S. as it focuses on international expansion, the San Francisco company said Thursday.

Phillips-Van Heusen says it will buy privately held Tommy Hilfiger in a cash-and-stock deal valued at about $3 billion, creating one of the world's biggest clothing companies.

A lawsuit filed by the film director against American Apparel over a billboard was quickly settled on Monday morning for $5 million.

A clothing company known for its racy ads is fighting a $10 million lawsuit brought by Woody Allen, arguing that it can't have damaged his reputation by using his image because the film director has already ruined it himself.