Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.

Tommy Hilfiger merges ops

EXCLUSIVE: US: Tommy Hilfiger to merge North American operations
Fashion and lifestyle firm Tommy Hilfiger is merging its operations in the US and Canada, the company confirmed exclusively to just-style, in a move that will create a new business unit called Tommy Hilfiger North America.

Pacific Brands restructuring

AUSTRALIA: Pacific Brands lures buyers to save jobs
Troubled Australian clothing firm Pacific Brands has welcomed buyers for parts of its business it is looking to salvage as part of restructuring announced last month.

John Lewis profit slumps

UK: John Lewis eyes "tough" 2009 after 26% FY profit fall
Department and food store operator John Lewis Partnership is expecting a "very tough" 2009 after the company posted a 26% fall in full-year profit to GBP279.6m (US$386.4m).

Tween Brands store closures

US: Tween Brands to close up to 40 stores
Retailer Tween Brands is to shutter up to 40 stores this year as it continues to overhaul the business, converting all of its outlets to the Justice brand.

American Apparel stake sale

US: American Apparel sells 18% stake for $80m
US fashion retailer American Apparel Inc has sold an 18% stake in its business to British private equity firm Lion Capital for $80m, which it will use to pay off some of its debt.