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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

NFL offensive lineman Richie Incognito was arrested at an Arizona funeral home Monday, according to the Scottsdale Police Department.Police report that they were called to the Messinger Pinnacle Peak Mortuary at 3:30 p.m. for a disorderly conduct call. Incognito, whose father died earlier this week, as upset with the staff and allegedly damaging "property" inside the business and shouting at employees.Incognito also allegedly said that he had guns in his vehicle and threatened to shoot employees, according to the police report.The 35-year-old free agent offensive lineman was charged with misdemeanor threats and disorderly conduct charges. He was released from jail on Tuesday afternoon.  713

NEW YORK (AP) -- Fire officials say a man has been killed in in a raging apartment fire at Trump Tower in New York City.Fire Commissioner Daniel Nigro says a 50th-floor apartment at the midtown tower was "virtually entirely on fire" when firefighters arrived after 5:30 p.m. Saturday.Fire officials say a man who was in the apartment was taken to a hospital and later died. Four firefighters suffered minor injuries. President Donald Trump tweeted earlier that the fire was "Very confined (well built building)." Trump's business is based at Trump Tower and his residence is there, but he has spent little time in New York since taking office.Nigro says no member of the Trump family was at the building on Saturday.He says about 200 firefighters battled the blaze. 783

NEW YORK, N.Y. – Peloton has issued a recall for some of its bike pedals due to a laceration hazard.Thursday, that home fitness company said about 54,000 of its PR70P clip-in pedals are being recalled. They’re the first-generation pedals fitted on Peloton bikes sold between July 2013 and May 2016.The company has received at least 120 reports of pedals breaking, including 16 reports of leg injuries, five of which required medical care, according to the U.S. Consumer Product Safety Commission.The Peloton logo and the word "PELOTON" are molded into the pedal body. An orange Peloton symbol and white lettering spelling "PELOTON" are also printed on the top of the cleat binding. They were fitted on bikes that sold for about ,000.Peloton says anyone with these pedals should stop using them immediately and that it’s notifying all affected consumers directly on how to receive free replacement pedals, along with instructions for self-installation.Peloton says its pedals are warranted for one year and all remaining PR70P clip-in pedals in service are out of warranty. The company recommends consumers replace their pedals annually. 1146

NEW YORK, N.Y. – Mary Trump called on her uncle, President Donald Trump, to resign during her first television interview since the release of her tell-all book.While speaking with ABC News, she also discussed visiting President Trump in the White House in 2017, a few months after the inauguration.In one clip from the interview, Mary Trump essentially says that her uncle is unfit for office and dangerous."And I just remember thinking, 'he seems tired. He seems like this is not what he signed up for, if he even knows what he signed up for.' And I thought his response was actually more enlightening than my statement. And he said, 'they won't get me.' And so far, looks like he's right," she said.When George Stephanopoulos asked Mary Trump what she would say to her uncle if she was in the Oval Office today, she said, “resign.” She thinks the president is incapable of leading the country and said it’s dangerous to allow him to do so.President Trump's brother, Robert, took Mary Trump and her publisher to court to try to block the book's release and block Mary Trump from talking about it. However, on Monday, the New York State Supreme Court lifted a temporary restraining order, allowing the author to promote her book.Mary Trump is the daughter of Fred Trump Jr., who died after a long bout with alcoholism. During the interview, she claimed her father was “punished for being kind, for being generous… for having interests outside what my grandfather thought was acceptable.”Mary Trump’s ABC interview reflects much of what’s detailed in her book, "Too Much and Never Enough: How My Family Created the World's Most Dangerous Man." In it, she writes a scathing depiction of her uncle, drawing on her own memories, conversations with relatives, and pertinent documents. 1787