The Rolling Stones'
Fashion retailer Wet Seal has filed for bankruptcy protection after closing two-thirds of its stores. [Los Angeles Times]
U.S. officials won't reinstate trade benefits for Bangladesh, saying the country has not made enough progress in addressing workers' rights and inspecting factories. [WWD]
Gucci, which terminated creative director Frida Giannini, has had a team working round the clock to redesign the men's fall collection that's being shown in Milan today, WWD reports. The new collection is "younger." [WWD]