Tapestry, Inc.

Indianapolis -- Simon Property Group announced Tuesday that its Premium Outlets division will expand four of its most productive Premium Outlet properties located in California, Florida, Illinois and Washington. 

Construction on these expansions is scheduled to begin in 2012, and total 450,000 sq. ft. of added space.

New York City -- Coach reported Tuesday that net income for the fourth quarter rose 4% to $202.5 million, compared with $195.5 million in the year-ago period.

Revenue surged 9% to $1.03 billion, edging Wall Street estimates. Same-store sales rose 10.1% in North America.

Coach’s performance is in line with overall strength in the luxury category. During the recessionary onslaught, the company pushed sales of handbags priced under $300, but said its average retail price of handbags is now inching back up.

Philadelphia -- Pennsylvania Real Estate Investment Trust announced that J.C. Penney, Nordstrom Rack, Bravo Cucina Italiana and Forever 21 will join The Cheesecake Factory in 190,000 sq. ft. of anchor space formerly occupied by Strawbridge’s at Willow Grove Park in suburban Philadelphia.

The reconfiguration of the former Strawbridge’s store sets the stage for continuing the fashion-oriented merchandising strategy that differentiates the mall and appeals to a wide range of shopping and dining tastes.

Chattanooga, Tenn. -- CBL & Associates Properties and Horizon Group Properties announced Friday that they will open The Outlet Shoppes at Oklahoma City on Aug. 5, fully leased with 83 stores.

Half the stores are new to Oklahoma City.

The center is scheduled to open to the public with such designer outlets as Nike, Saks Fifth Avenue Off 5th, Polo Ralph Lauren, Brooks Brothers, Guess, Chico’s, Coach, Banana Republic, DKNY, J. Crew, Michael Kors, Tommy Hilfiger, Under Armour, Levi’s and Carters.

Boca Raton, Fla. -- Indianapolis-based Simon Property Group said Tuesday that Tory Burch will open a new boutique at Town Center at Boca Raton. The new 2,600-sq.-ft. store is slated to open in early August.

It will be the company’s 53rd boutique.

Boca Raton, Fla. — Indianapolis-based Simon Property Group announced Monday that lululemon athletica will grand-open a new store at Town Center at Boca Raton on July 22.

Town Center at Boca Raton, in Boca Raton, Fla., has launched a redesign of its food court that will see it re-emerge as The Cafes at Boca.

Boca Raton, Fla. — Indianapolis-based Simon Property Group announced that Ann Taylor will open a new store at its Town Center at Boca Raton development in Boca Raton, Fla.

The retailer’s first new-concept store in Palm Beach County, the space features a runway of mannequins running down the middle of the store as well as a series of shops-within-shops.

Fort Worth, Texas -- Trademark Property Co. announced Monday that it has been engaged by an institutional owner to lease and manage the Shops at Saddle Creek, a 148,000-sq.-ft. lifestyle center in Germantown, Tenn.

Trademark will also be evaluating the feasibility of a major expansion on adjacent land controlled by Saddle Creek’s owner.

Boca Raton, Fla. -- Indianapolis-based Simon Property Group announced that Soma Intimates, a Chico FAS company, will open on May 25 at Town Center at Boca Raton, located in Boca Raton, Fla.