Marquee Brands

Destination Maternity has appointed the managing partner of investment firm Voce Capital to the company's board of directors.

"As a long-term investor in Destination Maternity, we look forward to bringing additional shareholder perspective to the board and continuing to work constructively with the company to help enhance its value," J. Daniel Plants of Voce Capital said.

Philadelphia – Net sales at Destination Maternity Corp. dropped 5% to $122 million in the fourth quarter of fiscal 2014, from $128.3 million the same quarter a year earlier. Same-store sales, including Internet sales, declined 5%.

Net sales declined primarily from the decrease in same-store sales and decreased sales related to the company's continued efforts to close underperforming stores. Sales results were below previously released guidance.

A decrease in same-store sales and losses resulting from Destination Maternity’s continued efforts to close underperforming stores fueled a net sales decline in the fourth quarter — just two months after Anthony Romano came on board as CEO.

Net sales at Destination Maternity dropped 5% to $122 million in the fourth quarter of fiscal 2014, from $128.3 million the same quarter a year earlier. Same-store sales, including Internet sales, declined 5%. Sales results were below previously released guidance.

Philadelphia -- Capping a turbulent summer for maternity apparel retailers, Destination Maternity CEO Ed Krell has resigned effective immediately, and will be replaced by Anthony Romano, former CEO of Charming Shoppes, Inc.

Philadelphia – Net income at Destination Maternity Corp. fell 36% to $5.5 million in the third quarter of fiscal 2014 from $8.6 million a year earlier. Expenses related to the planned relocation of Destination Maternity’s corporate headquarters and distribution facilities, as well as costs related to its proposed and withdrawn merger with Mothercare plc, drove the reduction in net income.

Philadelphia -- Destination Maternity Corp. has stopped its pursuit of the United Kingdom’s Britain's Mothercare Plc chain after having two bid proposals rejected.

Clothing company Kellwood has named Marc Babins the president of its western region. Babins — who has been in the apparel industry for most of his career — will head up Kellwood’s largest operations unit in City in Industry, California.

Target has added three new external senior-level hires, who will have responsibility for leading teams across information technology, e-commerce and digital products.

eBags.com, a leading online retailer of bags and accessories, has launched a Back-to-School Bag Finder, which filters more than 5,000 backpacks to help shoppers find “the perfect bag for school.”

Shoppers can choose from 100 brands, including JanSport, Dakine, Herschel, and The North Face, and filter by bag type, color or customer opinion.