Inside these posts: Shoes

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14% of women hide some of their shoe purchases

(Genaro Molina/Los Angeles Times)

Line up seven women, and at least one likely has a covert pair of shoes she bought but didn’t tell her significant other about because they cost so much.

But oh, shoe shopping certainly makes many women happier. The average American woman owns at least 17 pairs of shoes, though many women have three times that many.

Such are a few of the shoe insights that ShopSmart magazine found in their survey of 1,009 American women, offering something of a window into the female mind, or at least their credit card statements. Get the full story »

Nike price hike drives shares down

Nike shares took a drubbing in early trading Friday after the athletic wear maker’s executives said they would raise prices across the board in response to increased costs. Get the full story »

Kenneth Cole missteps with Egypt tweet

Designer Kenneth Cole. (Reuters)

Fashion house Kenneth Cole Productions became the target of the Internet’s collective wrath after the company’s namesake chairman tweeted a promotion that joked about this week’s escalating protests in Egypt.

The controversy began after the official Kenneth Cole company twitter account posted the tweet at around 10:30 a.m. ET, Thursday: “Millions are in uproar in #Cairo. Rumor is they heard our new spring collection is now available online… -KC.“ The post included a link to the company’s online store. Get the full story »