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Nine West Holdings, which owns the Nine West and Anne Klein brands, has filed for bankruptcy.Friday's chapter 11 filing shows that the company owes more than billion.Nine West said in a statement that it plans to sell Nine West and its Bandolino line to Authentic Brands Group. ABG owns Juicy Couture and Aéropostale, among others.The company's eponymous brand and Bandolino both sell women's shoes, handbags and accessories.Ralph Schipani, the struggling retailer's CEO, said that the restructuring will help the company reduce debt and increase growth by allowing it to focus on its stronger brands, like Anne Klein and One Jeanswear Group."This is the right step," Schipani said. "We will retain our strong, profitable and growing apparel, jewelry, and jeanswear businesses." He added that the changes should help the company to "be well positioned for the future."Nine West said it expects to continue operating normally during the bankruptcy process.The company, which has been owned by Sycamore Partners Management since 2014, joins a growing list of retailers that have filed for bankruptcy this year. Claire's filed for bankruptcy last month, and Toys "R" Us in September. The toy seller said recently that it is closing or selling all of its US stores.Last year, more than 7,000 stores closed, which set a record.Retailers have been struggling to compete with online retailers like Amazon, and suffering from the death of the mall. Many have also struggled to survive under mountains of debt.The-CNN-Wire 1524

NEW YORK CITY — Defense attorneys are not only calling for two NYPD officers to be fired after body camera video showed them beating a man, shoving him to the ground and macing him, but lawyers are also calling for one of the officers to be charged with felony assault.The video, recorded on May 25, was released on Wednesday.Edda Ness is a Legal Aid Society attorney assigned to represent the man."It's unjustifiable what they did," Ness said. "They should have been fired immediately. This case should've never been prosecuted."Police confronted 30-year-old Joseph Troiano for taking up more than one seat in the mostly empty subway car, a crime that hasn't been prosecuted by Manhattan District Attorney Cy Vance's office since 2016.Troiano was charged by police with resisting arrest and other misdemeanor charges. But the district attorney's office added a felony assault charge after Vance's office determined that Troiano had injured one officer's hand in the encounter. That charge was when the video of the incident surfaced."After a thorough investigation, our prosecutor intended to offer the individual an Adjournment in Contemplation of Dismissal at his next court appearance," a spokesperson from Vance's office said in an e-mailed statement. "The District Attorney was provided with the available footage last night and determined that our office will advance the case for this purpose, dismiss the assault charge, and offer an adjournment in contemplation of dismissal for the remaining misdemeanor charge."The Legal Aid Society called for the officers' dismissal by name."[We're] calling for the two officers, Shimul Saha and Adonis Long, to be immediately fired," Ness said.Officers Adonis Long and Shimul Saha confronted Troiano around 12:30 a.m. on May 25. After Troiano was told to leave the train, he moved to another subway car. Police followed him."Step off the train," one of the officers said in the video. "You're holding up the train for everybody. Step off or I gotta drag you off."Troiano asked them how he was holding up the train, and he refused to get off. When Long reached out for Troiano's arm, the subway rider pushed Long's hand away."Don't touch me," Troiano said. "Don't touch me. Get off of me."Long then repeatedly punched Troiano in the face. The first punch caused Troiano's eyeglasses to fly off his face. Long and Saha pulled Toriano from the subway car, and he was thrown to the ground in the station.One officer pulled Troiano over to a wall while the other kicked his belongings off the train. Police told him to sit down, and then pepper-sprayed him in the face when he didn't immediately comply.Toriano turned to the wall and covered his eyes; he cried and took a few steps away from police, then fell to the ground where he continued to cry. Officers made him stand, but then told him again to get on the floor."Help me," Troiano said as he got down on the ground.Video shows that Troiano, face bloodied, struggled with police while on the floor. Officers pulled at his hair and held a hand on his neck. One of Troiano's shoes came off. He asked to be allowed to stand up."I'm having a panic attack, please," he said. "I'm sorry. Please, guys, you're killing me."Troiano was taken to a local hospital on a stretcher. He was charged by police with resisting arrest, obstruction of governmental administration and taking up more than one seat on the subway.Walter Signorelli, a retired NYPD inspector who's now an attorney who represents clients suing police, pointed out that Troiano first disobeyed an order from the officers, after which Long struck."It's always difficult to second guess an officer," Signorelli said. "The officer might have [first] said, 'You're under arrest,' which would have made everything clearer and more legal."Legal Aid is calling for prosecutors to charge Long with felony assault. Meanwhile, Ness said her client has had emotional challenges since the late May incident."It's a lot of trauma," Ness said.This story was originally published by James Ford on WPIX in New York City. 4069

NEW YORK (AP) — Billionaire and former New York City Mayor Michael Bloomberg, one of the world’s richest men, has formally launched a Democratic bid for president.Ending weeks of speculation, the 77-year-old former Republican announced his candidacy Sunday in a written statement posted on a campaign website describing himself as uniquely positioned to defeat President Donald Trump. He will quickly follow with a massive advertising campaign blanketing airways in key primary states across the U.S.“I’m running for president to defeat Donald Trump and rebuild America,” Bloomberg wrote.“We cannot afford four more years of President Trump’s reckless and unethical actions,” he continued. “He represents an existential threat to our country and our values. If he wins another term in office, we may never recover from the damage.”Bloomberg’s entrance comes just 10 weeks before primary voting begins, an unorthodox move that reflects anxiety within the Democratic Party about the strength of its current candidates.As a centrist with deep ties to Wall Street, Bloomberg is expected to struggle among the party’s energized progressive base. He became a Democrat only last year. Yet his tremendous resources and moderate profile could be appealing in a primary contest that has become, above all, a quest to find the person best-positioned to deny Trump a second term next November.Forbes ranked Bloomberg as the 11th-richest person in the world last year with a net worth of roughly billion. Trump, by contrast, was ranked 259th with a net worth of just over billion.Already, Bloomberg has vowed to spend at least 0 million of his fortune on various pieces of a 2020 campaign, including more than 0 million for internet ads attacking Trump, between million and million on a voter registration drive largely targeting minority voters, and more than million on an initial round of television ads.He did not say how much he would be willing to spend overall on his presidential ambitions, but senior adviser Howard Wolfson did: “Whatever it takes to defeat Donald Trump.”Wolfson also said that Bloomberg would not accept a single political donation for his campaign or take a salary should he become president.Even before the announcement was final, Democratic rivals like Bernie Sanders pounced on Bloomberg’s plans to rely on his personal fortune.“I’m disgusted by the idea that Michael Bloomberg or any billionaire thinks they can circumvent the political process and spend tens of millions of dollars to buy elections,” Sanders tweeted on Friday.Elizabeth Warren, another leading progressive candidate, also slammed Bloomberg on Saturday for trying to buy the presidency."I understand that rich people are going to have more shoes than the rest of us, they're going to have more cars than the rest of us, they're going to have more houses,” she said after a campaign stop in Manchester, New Hampshire. “But they don't get a bigger share of democracy, especially in a Democratic primary. We need to be doing the face-to-face work that lifts every voice."Bloomberg does not speak in his announcement video, which casts him as a successful businessman who came from humble roots and ultimately “put his money where his heart is” to effect change on the top policy issues of the day — gun violence, climate change, immigration and equality, among them.Bloomberg has devoted tens of millions of dollars to pursue his policy priorities in recent years, producing measurable progress in cities and states across America. He has helped shutter 282 coal plants in the United States and organized a coalition of American cities on track to cut 75 million metric tons of carbon emissions by 2025.But he is far from a left-wing ideologue.Bloomberg has declined to embrace Medicare for All as a health care prescription or the “Green New Deal” to combat climate change, favoring a more pragmatic approach.Still, he has endeared himself to many of the nation’s mayors, having made huge investments to help train local officials and encouraging them to take action on climate, guns and immigration in particular.Ahead of Bloomberg’s presidential announcement, the mayors of Columbia, South Carolina, and Louisville, Kentucky, endorsed him. Despite that show of support from two local black leaders, Bloomberg may have trouble building a multi-racial coalition early on given his turbulent record on race relations in New York.He angered many minority voters during his 12 years in the New York City mayor’s office for embracing and defending the controversial “stop-and-frisk” police strategy, despite its disproportionate impact on people of color. Facing an African-American congregation this month in Brooklyn, Bloomberg apologized and acknowledged it often led to the detention of blacks and Latinos.The apology was received skeptically by many prominent activists who noted that it was made as he was taking steps to enter the race.The campaign will be headquartered in Manhattan and managed by longtime adviser Kevin Sheekey. Wolfson will also play a senior role.Bloomberg’s team did not establish a super PAC before launching the campaign, preferring to run the primary campaign and a simultaneous set of general election-focused moves like the anti-Trump internet ads and voter registration drive out of the same office.The path ahead may be decidedly uphill and unfamiliar.Bloomberg plans to bypass the first four states on the primary calendar — Iowa, New Hampshire, Nevada and South Carolina — and focus instead on the crush of states that vote on Super Tuesday and beyond. It's a strategy that acknowledges the limitations of entering the race at this late stage and the opportunities afforded by his vast personal wealth.His team has noted that several candidates have devoted much of the year to building support on the ground in the earliest states, and Bloomberg needs to be realistic about where he can make up ground.Nearly a quarter of primary delegates are up for grabs in the March 3 Super Tuesday contests, which have gotten far less attention so far.Bloomberg has openly considered a presidential bid before, but as an independent. He declined to enter the 2016 contest only after deciding there was no path to victory without the backing of a major political party.He explored a run earlier this year, too, but decided there was no path with establishment-favorite Joe Biden in the race. Biden’s perceived weakness, along with the rise of progressive firebrand Warren, convinced him to reconsider.“We believe that voters are increasingly concerned that the field is not well positioned to defeat Donald Trump,” Wolfson said of Bloomberg’s decision to change his mind.Initially registered as a Democrat, the Massachusetts native filed paperwork to change his voter registration to Republican in 2000 before his first run for New York City mayor, according to a spokesman. In June 2007, he unenrolled from the GOP, having no formal party affiliation until he registered again as a Democrat this October.While some will question his newfound commitment to Democrats, he vowed allegiance to the party in an Associated Press interview earlier in the year, saying, “I will be a Democrat for the rest of my life.”__Associated Press writer Hunter Woodall in Manchester, New Hampshire, contributed to this report. 7347

NORTH RIDGEVILLE, Ohio — Sometimes police get really strange calls. Such was the case for officers in North Ridgeville, Ohio, who received a call from a man who said while walking home from a train station, a pig started following him, and he didn't know what to do.Thinking he had just left the bar in Elyria named the Train Station, police went out to pick up the caller, who they believed was drunk.When officers arrived, they found the man stone-cold sober, complete with his four-legged stalker in tow.According to authorities, the man told them he was walking home from an Amtrak station when the animal decided to go for a walk with him.In the end, the pig was very cooperative and was placed in the back of a police cruiser and taken to the station. Police made the animal feel at home for a bit inside the department's dog kennels until the owner was notified, and it was picked up.Authorities didn't say if the owner was cited for having a pig on the loose.  1021

NEW YORK (AP) — Keith Raniere, a self-improvement guru whose organization NXIVM attracted millionaires and actresses among its adherents, was sentenced Tuesday to 120 years in prison.The 60-year-old was convicted of charges accusing him of turning some of his followers into sex slaves branded with his initials.The court proceeding in Brooklyn culminates several years of revelations about the organization, which charged people thousands of dollars for self improvement courses.Those people included Hollywood celebrities and others willing to endure humiliation and pledge obedience for Raniere’s vision of how to pursue perfection.Prosecutors said Raniere led what amounted to a criminal enterprise. Co-conspirators helped recruit and groom sexual partners for him.Raniere’s sentencing comes about a month after Clare Bronfman, a wealthy benefactor of his, was sentenced to seven years in prison in the case.The Seagram’s liquor fortune heir was taken into custody to begin her 81-month sentence immediately after her appearance in federal court in Brooklyn on Sept. 30.Bronfman admitted in a guilty plea last year that she committed credit card fraud on behalf of Raniere. 1185