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Phillips-Van Heusen to buy Tommy Hilfiger for $3B

Phillips-Van Heusen to buy Tommy Hilfiger for $3B

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.

 

American Apparel Settles Lawsuit With Woody Allen

American Apparel Settles Lawsuit With Woody Allen

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

 

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