A Long Island mall partly owned and managed by Simon Property Group SPG.N has defaulted on a $124 million balloon mortgage payment after two of the main stores there filed for bankruptcy.
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724 published items with the word (s) or phrase Fifth Avenue in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Mall partly owned by Simon Property defaults on payment")
Mall partly owned by Simon Property defaults on payment -
![]( "Saks hazy on impact of Baugur bankruptcy plan")
Saks hazy on impact of Baugur bankruptcy planSaks Inc is unclear how a plan to file for bankruptcy from Icelandic investment firm Baugur, which owns Saks' shares, would affect the upscale U.S. department store chain, its chief executive said on Thursday March 12...
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![]( "Saks posts much bigger-than-expected loss")
Saks posts much bigger-than-expected lossUpscale retailer Saks Inc posted a much deeper-than-expected quarterly loss on Wednesday as its customers headed to sales racks or just cut spending outright in the worst holiday season in nearly 40 years.
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![]( "Designers defy crisis with glamorous new stores")
Designers defy crisis with glamorous new storesThere may be a crisis that is forcing many companies to cut costs but that's not stopping top fashion designers from opening glossy new stores. With locations in New York, Paris and Milan, the big names seem to be und...
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![]( "Saks, TJX see no respite in consumer cutbacks")
Saks, TJX see no respite in consumer cutbacksFashion sales fell victim to consumer cutbacks during the holidays and no respite is in sight this year, but upscale store chain Saks Inc (SKS.N) and off-price retailer TJX Cos Inc (TJX.N) signaled to investors they w...
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![]( "Retailer Jaeger sees growth in Middle East")
Retailer Jaeger sees growth in Middle EastFashion retailer Jaeger is determined to trounce an economic downturn in the United States by dressing women elegantly and expanding operations in the Middle East and Australia.
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![]( "Portugal soap maker still cleaning up 122 years on")
Portugal soap maker still cleaning up 122 years onWhen Ferdinand Claus and Georges Schweder opened a soap factory in Portugal in 1887, they couldn't have dreamed their products would today be used by stars like Oprah Winfrey, Nicolas Cage and Kate Moss.
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![]( "Vuitton and Hugo Boss upbeat on Christmas trade")
Vuitton and Hugo Boss upbeat on Christmas tradeTop European fashion houses Louis Vuitton and Hugo Boss (BOSG_p.DE) on Thursday said Christmas trading proved robust, sending a comforting message as the retail industry is hit by the worst downturn in decades.
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![]( "Clapping clerks, tons of tinsel await US shoppers")
Clapping clerks, tons of tinsel await US shoppersTimes are so tough for retailers, you might just get a standing ovation the next time you go shopping.U.S.
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![]( "Ethics campaigners cry foul over Palin shopping spree")
Ethics campaigners cry foul over Palin shopping spreePolitical ethics campaigners lodged a formal complaint Thursday, October 23rd over the 150,000 dollars the Republican Party spent to dress vice presidential hopeful Sarah Palin in fashionable new clothes.