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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 Gov. Andrew Cuomo has signed into law Thursday a bill that prohibits the sale of the Confederate flag and other "symbols of hate" at the New York State Fair, and bans the display of those items in public buildings.The bill was sponsored by state Sen. Alessandra Biaggi, D-Bronx, Westchester, and "prohibits the state of New York from selling or displaying symbols of hate or any similar image, or tangible personal property, inscribed with such an image unless the image appears in a book, digital medium, museum or serves an educational or historical purpose."According to the bill, a "symbol of hate" is defined as "symbols of white supremacist and neo-Nazi ideology or the Battle Flag of the Confederacy."The bill also empowers the Commissioner of the Department of Agriculture and Markets to prohibit the sale of "symbols of hate" at any other fairs in New York that receive federal, local or state funding."This bill would limit the display of the Confederate flag, as well as other symbols of hate, on or within the grounds of public property, including fairgrounds. Further, it makes clear that New York State will not tolerate racism, exclusion, oppression, and violence through the display of such antagonistic and deeply hurtful symbols," the bill said.Click here to read the full text of the bill.This story was originally published by Anthony Reyes on WKBW in Buffalo, New York. 1407

No game for you!Cleveland Cavaliers guard JR Smith is many things, but a Soup Nazi he is not. He earned his one-game suspension from the Cavs Thursday night by throwing a bowl of soup at assistant coach Damon Jones, multiple?sources told ESPN.Jones is a former Cavs player.Smith has struggled much of this season, but he had been playing better lately, finally hitting some shots, on the court and, apparently, in the cafeteria.Smith will return to practice on Friday, according to head coach Tyronn Lue. He will be back at shooting guard when the Cavs take on the Denver Nuggets on Saturday.We checked the rulebook on @TheRealJRSmith's soup suspension. 676

NEVADA — The wait continues to see who will clinch the needed 270 electoral votes to win the presidency. Ballots are still being counted in critical battleground states, including Nevada.Nevada's six electoral college votes could be the deciding factor in this election.So what's taking so long to count the ballots?"It's taking a little longer than normal this year because every active voter received a mail-in ballot this year," explained Nevada Attorney General Aaron Ford."Processing mail takes time because election officials must ensure that no one has more than one vote," he said."And counting ballots has also taken time because we have many safeguards in place to prevent fraud," added Ford, "such as signature verification, unique bar codes and other tools."Ford says officials knew the ballot counting process would take some time this year and adds that our counting procedures are overseen by a bi-partisan board in each county.He also says state officials have zero concerns about the ballots right now and are more focused on being accurate and fair.The Clark County Registrar of Voters Joe Gloria will provide daily updates on behalf of the county at 10 a.m.This story originally reported by Alicia Pattillo on ktnv.com. 1247

NEW YORK, N.Y. – The American Civil Liberties Union (ACLU) is calling for the Department of Homeland Security (DHS) to be dismantled.Specifically, the ACLU wants DHS to be broken apart into various federal agencies and to have its federal budget shrunk. The organization believes this will allow for more effective oversight, accountability and public transparency. Nearly 20 years of abuse, waste, and corruption demonstrate the failure of the DHS experiment.Many knew DHS to be an ineffective superagency, but President Trump has converted DHS into our government’s most notable badge of shame.— ACLU (@ACLU) August 10, 2020 The ACLU’s executive director, Anthony D. Romero, called for the dismantling in an op-ed published by USA Today on Sunday.In the article, Romero argues that the actions of federal agents in Portland and other cities have shown that DHS isn’t capable of acting consistently with the U.S. Constitution.“The scenes unfolding in Portland, Oregon, and elsewhere are a reminder of the red flags many have raised about DHS throughout its history: that its powers are too great, and that it lacks the oversight and management to be effective,” wrote Romero. “We can preserve our freedoms and our security better by dismantling DHS and beginning anew.”DHS was established in 2002 in response to the attacks on September 11, 2001. The department says its mission is to secure the U.S. from the threats the nation faces.“This requires the dedication of more than 240,000 employees in jobs that range from aviation and border security to emergency response, from cybersecurity analyst to chemical facility inspector,” writes the department. “Our duties are wide-ranging, and our goal is clear - keeping America safe.”Romero says DHS’ short history has been filled with violence and fear mongering. He points to several reported incidents like the surveillance of Black Lives Matter activists, the fatal shootings of foreign nationals across the border, and the separating of children from their parents at the border.Romero claims President Donald Trump has converted DHS into the government’s “most notable badge of shame” and the director asserts that Trump has used DHS as his personal militia.“Donald Trump should not be allowed to provide a precedent for future presidents with authoritarian tendencies to repeat the injustices we are enduring,” writes Romero. “Dismantling DHS into its component parts would restore greater balance to our system of checks and balances.”A DHS spokesperson provided us with this statement, accusing the ACLU of supporting "violent opportunists." 2607