Two decades after a brush with prison turned his loud life into a quiet suburban existence, a former political crusader is suddenly muscling his way back into activism, albeit in a new arena: the sneaker business.On May 1, “May Day,” Adam C. Neiman, 47, plans to strike a blow for union labor in the apparel industry by unloading his firstRead More
Even as the White House promises to make the creation of manufacturing jobs a top priority, an independent government bank run by presidential appointees is refusing to guarantee a $35 million loan that could save a famed company with 1,200 employees in New England.Legendary Malden Mills owner Aaron Feuerstein’s chances of regaining control ofRead More
LAWRENCE, Mass. — Fortune almost smiled last month on Malden Mills, a textile company that’s all too familiar with misfortune. A group of longtime accountants and administrators working for the clothing manufacturer had purchased a lottery ticket, hoping to win the $180 million jackpot, buy their bankrupt company backRead More