American Apparel Inc, which has long campaigned for foreign workers' rights, said the forced layoffs of about 1,500 workers in 2009's second half had hurt its manufacturing capabilities, sending its shares down 14 percent.
Women's apparel retailer Talbots Inc said that it was extending its exchange offer by three days as it tries to garner the minimum number of warrants to complete its merger, helping to send its shares up more than 6 percent.
Avon said that it is buying Liz Earle Beauty Co Ltd, a UK-based skincare brand, a move that will give the cosmetics giant a way to expand its anti-aging lineup with a brand known for botanical ingredients and natural positioning.
Top diamond producer De Beers had a strong first quarter, but remains cautious about further recovery after wrapping up a refinancing and $1 billion (665 million pound) rights issue that slashed net debt by one third.
The Italian group Tod's has announced sales results for 2009 that were 0.8% higher than in 2008 at €713.1 million. This progression was helped in part by Hogan, which saw a rise of 7.6% to €256.9 million, whilst Roger Vivier saw the worst results with a drop of 11% in sales (€15 million).