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Market Watch
Aug 22 - 30, 2001

Levi's Recalls "Glossy Finish" Jeans

NEW YORK, Aug 30, 2001/ --- In a move usually reserved for grocery store products or automobiles, Levi Strauss & Co. Europe has announced the voluntary recall of its limited edition "Glossy Finish" jeans, skirts and jackets. [more]

Wet Seal President Steps Down

NEW YORK, Aug 30, 2001/ --- Less than three months into his post as president and COO of Wet Seal, Christopher Staff has stepped down. [more]
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Lampl is New Prez for Esprit Apparel

SAN FRANCISCO, Aug 24, 2001/ FW /--- In October, Bill Lampl replaces Cathy Volker as Esprit Apparel's President. Volker who will transition through the end of September is leaving Esprit to begin her own business venture. [more]

Limited Pays Firey $500,000 Fine

NEW YORK, Aug 22, 2001/ --- Limited Inc. and its manufacturing subsidiary Mast Industries of Massachusetts will pay a $500,000 fine for "knowingly" selling flammable children's PJs and bathrobes, in violation of the federal Flammable Fabrics Act. [more]

Don't You Dare to Compare!: Target Sues Kmart Over False Ads

NEW YORK, Aug 22, 2001/ --- Target and Kmart are going head-to-head in the showdown of the discount retailers. As consumers opt for "cheap chic" in this flagging economy, the "value" retailers are fighting for their piece of an ever-growing pie. [more]

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