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Levi Strauss

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PPR to Buy Abercrombie?

The luxury conglomerate is reportedly looking to shed its less glamorous brands to scoop up a few mid-market ones.

By Amy Odell

Does That Polo Pocket Look Like Levi's?

FASHION • Levi Strauss & Co. is suing Polo Ralph Lauren for supposedly copying the brand's trademark pocket stitching. [WWD via British Vogue] • Sass & Bide has canceled their New York Fashion Week show after one of the designers required further chemotherapy treatment for breast cancer. [Fashion Week Daily] • Women ages 40 to 55 get their own Izod line. [NYP]

Bloated Executive Birthday Parties are Back!

FINANCE • Stephen A. Schwartzman's 60th-birthday bacchanal will have 1,500 guests marching around the drill room of the Park Avenue armory on February 13. [NYT] • Management tips from Super Bowl coaches: Don't scream at your employees. [WSJ] • At Citigroup, CEO Charles Prince can either improve the company's performance, or break it up. [Crain's]