PvH

In the wake of the recent Bangladesh factory accidents (the Rana Plaza collapse that has killed 1,127 as of today, and, more recently, a fire that killed eight), the call for labor reform in the Bangladeshi garment industry has grown louder and louder. As pressure mounts, both in Bangladesh and abroad, it seems that industry execs and government officials are finally taking the first steps towards creating a safer, more fair work environment in Bangladesh.

It's been a busy week for the fashion business.... This morning, WWD suggested that serial investor Tommy Hilfiger might be spending some cash on the fashion brand Michael Kors, which is trying to raise around $500 million for a global expansion plan (including an IPO). In the past, Hilfiger has invested in the likes of Karl Lagerfeld and is currently a consultant for the English heritage brand Belstaff. With Hilfiger's namesake brand now owned by conglomerate PvH, he obviously has an extra bit of time on his hands--or at least space is in his brain--for new projects....

Earlier this week, rumors circulated that London private equity firm Apax Partners was in talks to sell Tommy Hilfiger to Phillips-van Heusen, a US co