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Consumer Goods & Retail Headlines

UPDATE 1-Footwear retailer Aerosoles files for bankruptcy

Women's shoe chain Aerosoles Group filed for Chapter 11 bankruptcy protection on Friday with a plan to close most of its stores and focus on its wholesale, e-commerce and international businesses, becoming the latest casualty in the struggling U.S. retail sector.

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Former White House aide Gorka joins pro-Trump campaign group

LONDON Sebastian Gorka, a former adviser to U.S. President Donald Trump who quit after top White House political strategist Steve Bannon was ousted, has joined a nationalist pro-Trump campaign organization, the group announced on Tuesday.