Tapestry, Inc.

New York City -- Coach's third-quarter net income increased 18% amid higher demand in North America, which helped offset an estimated $20 million hit to its revenue from Japan's tsunami and earthquake. Same-store sales in North America rose 10.3%. Analysts said Coach’s results offered further proof that spending by affluent shoppers is back on track and rising faster than other segments.

Net income rose to $186 million for the three months that ended April 2, up from $157.6 million a year earlier. Revenue rose nearly 15% to $950.7 million.

The 2011 edition of Interbrand’s Best Retail Brands report again lists Target in the second position with a value of $23.3 billion in between number-one-ranked Walmart at $142 billion and third-ranked Home Depot at $20.3 billion.

NEW YORK -- Walmart, Target, The Home Depot, Best Buy and CVS took top honors in Interbrand’s annual ranking of the 50 most valuable U.S. retail brands. The U.S. brands are valued in collaboration with Interbrand Design Forum, the retail experience group within Interbrand.

New York City -- Walmart, Target, The Home Depot, Best Buy and CVS took top honors in Interbrand’s annual ranking of the 50 most valuable U.S. retail brands. The U.S. brands are valued in collaboration with Interbrand Design Forum, the retail experience group within Interbrand.

New York City -- Prudential Douglas Elliman’s Retail Group announced that it has arranged a space for European fashion icon Piero Guidi at 430 West Broadway in New York City.

The 3,600-sq.-ft., double-height space features all-glass frontage, between Prince and Spring Streets.

Willow Grove, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Jos. A. Bank will open a new store at its Willow Grove Park shopping mall this spring.

The 4,465-sq.-ft. store will be located next to Bloomingdale’s and will join Men’s Wearhouse and Tux, Express, J. Crew, Banana Republic and Guess, expanding Willow Grove Park’s men’s fashion collection.

Indianapolis -- Simon Property Group announced that, in partnership with Shinsegae, it has opened Paju Premium Outlets, its second Premium Outlet Center in South Korea.

The 328,000-sq.-ft. center houses 160 stores, including international and domestic brands. Strategically located in Paju, Gyeonggi Province, the center is approximately 50 minutes northwest of downtown Seoul.

Indianapolis -- Simon Property Group announced Wednesday that Las Vegas Outlet Center will open a major expansion on March 17, adding 13 new stores and approximately 70,000 sq. ft. of GLA, and bringing the center to more than 140 stores for a total of 535,000 sq. ft.

With this expansion, the center is being renamed Las Vegas Premium Outlets - South. The center was also recently renovated, receiving a complete external makeover with significant interior improvements as well.

Boca Raton, Fla. -- Indianapolis-based Simon Property Group announced that Brazilian shoe and accessories retailer has opened its first U.S. store at the Town Center at Boca Raton, located in Boca Raton, Fla.

This opening marks Santa Lolla’s 105th location worldwide.

“We see Florida as an important part of our future expansion strategy and are very excited about the opening of our first U.S.-based boutique,” said Marcela Bussamra, marketing director for Santa Lolla.