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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, N.Y. -- The New York Police Department has launched a first-of-its-kind task force to tackle the rise in hate crimes committed against Asian Americans amid the COVID-19 pandemic.“I’m from Malaysia but I’ve been here 30 some years,” Mei Chau explained from her loft apartment in New York City.Chau is a chef and owner of Aux Epices, a French Malaysian restaurant in New York’s Chinatown. “It’s actually a French name. It’s called with spice.”Due to COVID-19, regulations and a lack of tourists, Chau was forced to close her doors in June.“At the same time, I'm also glad that I closed because of the difficulty that I have to face,” she explained. Aux Epices is just one of the many businesses lining Chinatown’s streets that’s been hit hard, in more ways than one.“When the first news came out saying, Oh this came from China, of course right away we’re like, oh is this going to affect us?” Chau explained. “And of course it affected us.”Chau says businesses in Chinatown started closing, one by one.“As with any pandemic, we have people that would like to blame another group for the issue and this time is no exception,” said Wellington Chen, Executive Director of the Chinatown Partnership. “We understand, we’re sensitive to the pain, the loss, the death and the loss of job, the economic devastation. But we are in it just as much as anybody else.”Chen said Chinatown doesn't have enough visitors to recover. Normally packed streets are empty, but worry over another issue fills the air.“The number of anti-Asian harassment or hate crime has risen since the pandemic broke in Wuhan,” he said.That didn’t go unnoticed.“As far as I know, we are the first police department to have an Asian hate crime task force,” said Stewart Loo, the Commanding Officer of the New York Police Department’s Asian Hate Crime Task Force. The unit was announced in May to tackle the rise in hate crimes against Asian Americans. The agency has investigated 26 cases this year, up from three last year.It’s something Officer Loo has personally experienced. “When I was 7 years old, I immigrated to America with my mom and my dad. When we got here, my dad took a job delivering Chinese food in Manhattan North, and during his time here, on more than one occasion, he was a victim of robbery,” he said. “We had to go through the process on the other side without having somebody that speaks our language.”“There is a lot of mistrust in the police department, especially in the Asian community, where the general public doesn't like to get involved too much even when they are victims of a crime,” Task Force Officer Jacky Wong said.They both explained breaking down the language barrier will help, as it did in Officer Wong’s first case.“I spoke to her in Cantonese, so I built a little rapport with her,” he said. “She was able to give us information that led to identifying those two suspects, which led to their apprehension.”“I’m glad the city is sending out this task force,” Chau said. “I won’t venture out to some place I’m not familiar, because it is, the fear it's there.”Not everyone believes police involvement is the right answer.“I think that the task force might be a band aid solution for the problem," said Jennifer Wang, Deputy Director of Programs for the National Asian Pacific American Women's Forum. The organization was one of 26 Asian American organizations in New York that signed a letter saying they were against the creation of the task force.“The problem at its core might actually be that Asian Americans, we are a community of color and it’s very hard to trust that law enforcement will protect us,” Wang said.“Personally I would have never called the police in any of these situations I have encountered,” said Allison Park, also part of the Women’s Forum. She shared a few of her experiences from back in February. “I was on the subway and a group of I believe to be middle schoolers started coughing on each other and began shoving each other toward me. This really would not have been as big of a deal for me if it hadn't been for two prior incidents I had in San Francisco and [Washington] D.C.” she said.The task force aims to create a better, more understanding culture around reporting hate crimes.“This is absolutely very important for people that are victimized to come forward and press charges, because you could prevent another hate crime down the road,” Wong said.“To change people’s mind is not one day to another,” Chau said. 4470

NORTH PORT, Fla. —Scripps station WFTS in Tampa has confirmed that John Ludwick, who claimed to have helped Joran van Der Sloot dispose of Natalee Holloway’s body, was stabbed to death by Emily Heistand.There are multiple videos on YouTube, posted by Gabriel Madrigal, that show Heistand discussing information she obtained from Ludwick on the Holloway case. There is also one video that shows Ludwick discussing her relationship with Heistand and why she likes him. 479

NEW YORK (AP) — NASA announced Friday that it will open the International Space Station to private astronauts, with the first visit as early as next year.The round-trip ticket will cost an estimated million. And accommodations aboard the orbiting outpost will run about ,000 per night, for trips of up to 30 days long.The space agency says only two visitors per year will be allowed, for now. Private astronauts will have to meet the same medical standards and training and certification procedures as regular crew members. 538

North Korean leader Kim Jong Un responded to President Donald Trump's speech before the United Nations where Trump vowed to "totally destroy" the nation if it threatened the United States or its allies. Although the two nations are not formally at war, clearly the two leaders are in a war of words. "The United States has great strength and patience, but if it is forced to defend itself or its allies, we will have no choice but to totally destroy North Korea. Rocket Man is on a suicide mission for himself and for his regime," Trump said earlier this week. Kim issued a statement Thursday evening, not backing down to Trump's hard-line stance."I will make the man holding the prerogative of the supreme command in the US pay dearly for his speech calling for totally destroying the DPRK," Kim said. "Whatever Trump might have expected, he will face results beyond expected." "He is unfit to hold the prerogative of supreme command of a country and he is surely a rogue and a gangster fond of playing with fire rather than a politician," Kim added.Both sides have stepped up their posture toward one another. North Korea has fired missiles over the coast of Japan, and has tested atomic weapons. Meanwhile, the United States has added patrols of the region.  1299

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