Fashion company, Ralph Lauren Corporation, was fined almost $2 million in penalties after it was discovered that an executive working for one of the company’s subsidiary in Argentina made illegal payoffs to customs officials in order to avoid inspections and clear customs without delay. In order to avoid prosecution, the company agreed to pay a [...]

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Lilly Pulitzer Rousseau, the lady behind the 1960’s tropical print fashion dresses, Lillian Pulitzer, died Sunday at age 81. Ms. Rousseau’s death was announced on the company’s official Facebook page. “Lilly has been a true inspiration to us and we will miss her,” the statement said.  “In the days and weeks ahead we will celebrate [...]

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It was supposed to be funny and I got the humor but most people didn’t. Ford was forced to pull an ad featuring the three Kardashian sisters, Kim, Khloe and Kourtney, tied up in the back of a Figo trunk with Paris Hilton in the driver’s seat and former Italian Prime Minister Silvio Berlusconi driving [...]

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Saks Fifth Avenue announced the closing of their Stamford store. The luxury store, which has been in the Stamford Town Center since 1983, is scheduled to close in early 2014. CEO Steve Sadove said some of their 80 employees will be given employment separation packages or offered transfer opportunities to the Greenwich or the Manhattan [...]

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The COO of the electronic payment company SQUARE stepped down from his position this week after receiving a call from a New York attorney threatening to file a lawsuit for a male employee, who claimed he had a non-consensual relationship with the executive. Forty-three year old Keith Rabois wrote on his blog on Friday that [...]

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