Capital

2014 Style: Looking Forward
December 13, 2013

Planning for the New Year is important. Sometimes that planning requires reflecting. With that in mind, here are eight apparel-selling tips we received in 2013 to take you into the New Year.

Weakness in Key U.S. Durable Goods Orders
August 28, 2012

Signs that U.S. manufacturing is faltering emerged from a report Friday that orders for long-lasting factory goods, excluding the volatile transportation category, fell in July for the fourth time in five months.

Overall orders for durable goods rose a seasonally adjusted 4.2 percent in July, the Commerce Department said. But excluding aircraft and other transportation goods, orders dropped 0.4 percent.

Durable goods are items meant to last at least three years. Orders for so-called core capital goods, a key measure of business investment plans, fell 3.4 percent. That's the biggest drop since November and the fourth decline in five months.

Revenue On Demand Secures Financing Facility
December 23, 2010

Revenue On Demand has announced today the placement of its new credit facility with Promotional Capital LLC of Cleveland, Ohio. This financing will be used for the Company’s current growth plan and general operations.

American Apparel Announces Hiring of Tom Casey as Acting President
October 8, 2010

Los Angeles-based American Apparel Inc., a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, announced today that it has appointed Tom Casey as acting president of the company. Following the amendment to American Apparel's credit agreement with Lion Capital announced

American Apparel a hipster darling no more as bankruptcy looms
August 20, 2010

Montreal - Dov Charney, a 41-year-old eccentric Montreal native, built into a global retail powerhouse in seven short years while taking substantial heat for his loose hiring policies, risqué ads and alleged sexual harassment of former employees. Now, with regulators breathing down his neck, lenders shying away and the chain warning it might not have enough available cash to keep operating another year, Mr. Charney could be forced to relinquish control of the company he built from the footless plush pantyhose up. “Dov Charney is at the moment of truth,” said Howard Davidowitz, chairman of Davidowitz & Associates Inc.,

SBA Recovery Lending Extended Through April 30
March 30, 2010

President Barack Obama signed legislation Friday extending through April the U.S. Small Business Administration’s ability to provide enhancements in its two largest small-business loan programs.  The enhancements, first made available under the American Recovery and Reinvestment Act, include a higher guarantee on some SBA-backed loans and fee relief.

Extension of SBA Recovery Lending Programs Will Support $1.8 Billion in Small-Business Lending
March 8, 2010

President Barack Obama signed legislation Tuesday extending until March 28 the U.S. Small Business Administration’s (SBA) ability to provide small business loans that are enhanced with special provisions of the American Recovery and Reinvestment Act (ARRA), including a higher guarantee of SBA-backed loans and a waiver of loan fees normally paid by borrowers.