Claire's

By Ted Vaughan, [email protected]

The year 2012 was the best year for retail IPOs since 2002 — S&P Capital IQ reported seven offerings for the year — and when we released our 2013 IPO Outlook Study earlier this year, 30% of capital markets executives expected initial public offerings (IPOs) in the retail and consumer products space to continue to grow in 2013. Now that we’re well into the second half of the year, how have those expectations fared?

LOS ANGELES — Virtual Piggy has integrated its youth-friendly payment system with Claire’s Stores’ e-commerce website at www.claires.com.

New York -- Icing, a division of Claire’s Stores, is being re-branded with a new store design, new logo and updated imagery, Women’s Wear Daily reported.

The jewelry and accessories retailer plans to open some 35 stores this year, including a flagship in Chicago. The new locations will feature the updated design. Existing stores will be remodeled.
 

CHICAGO — Fashion jewelry retailer Claire's Stores said that it expects to report a 13.4% spike in net sales to $493 million for the fourth quarter over the same period last year, thanks in part to an additional week of net sales and a comparable-store sales increase of 5.4%.

For the full year, Claire's expects to report net sales of $1.6 billion for fiscal 2012, an increase of 4.1%, compared with fiscal 2011.  

Consolidated same-store sales increased 1.8% for the fiscal year.

CHICAGO — Former Sam's Club exec, Linda Hefner Filler, has joined Claire’s Stores, as North America president, effective March 1. She will report to Jim Fielding, CEO.

In her role as resident, Hefner Filler will be responsible for all operational and strategic initiatives for the Claire’s business in the approximately 1,500 Claire’s stores in the United States, Canada, Puerto Rico and the Virgin Islands.

Chicago -- Claire’s Stores announced Tuesday that Sam’s Club EVP and chief merchandising officer Linda Hefner Filler has been named president of Claire’s North America, effective March 1.

Filler will report to CEO Jim Fielding and will be charged with implementing operational and strategic initiatives for Claire's in the U.S., Canada, Puerto Rico and the Virgin Islands.

Chicago -- Claire's Stores announced Friday that Dina Keenan has been appointed global SVP and chief marketing officer, effectively immediately.

Keenan’s experience in marketing strategy, brand development, advertising and retail include stints at Bath & Body Works, Elizabeth Arden Red Door Salons & Spas, and Bozell Worldwide.

One of the initial focuses for Keenan will be to align her organization to support the global brand needs of Claire's and Icing, the company said.

CHICAGO —  Claire's Stores has named Dina Keenan as global SVP/chief marketing officer.

Keenan recently joined the company, and is a proven marketing executive with more than 20 years of global experience in marketing strategy, brand development, advertising and retail. Her unique cross-disciplinary background comprises both agency and client side experience including The Integer Group, Bath & Body Works, Elizabeth Arden Red Door Salons & Spas and Bozell Worldwide. The CMO position reports into Jim Fielding, CEO.