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Tapestry, Inc.

  • Simon opens second Premium Outlet Center in South Korea

    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.

  • Simon expands, rebrands Las Vegas Outlet Center

    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.

  • Brazil’s Santa Lolla makes U.S. debut at Town Center at Boca Raton

    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.

  • Coach beats Street as profit soars 26%

    New York City -- Coach reported Tuesday that net income for the quarter ended Jan. 1 rose a better-than-expected 26% to $303.4 million on strong sales, compared with $240.1 million in the year-ago period.

    The company credited a rebound in U.S. luxury spending, as well as soaring holiday sales in China for the strong performance.

    Sales leaped 18.7% to $1.26 billion, boosted by a same-store sales increase of 12.6% in North America.

    On average, Wall Street expected revenue of $1.21 billion.

  • New York & Co. hires former Coach exec

    New York City -- New York & Co. announced on Wednesday the appointment of David Witkewicz to executive VP design, effective this month.

    Witkewicz will report to Greg Scott, president, and will serve on the company’s executive committee.

    Witkewicz was previously VP design for Coach.

  • Survey: Nine merchants lauded for online customer service excellence

    Chicago -- A survey released Tuesday by the e-tailing group said that nine merchants out of the 100 benchmarked excelled at online customer service.

    According to the group’s 13th Annual Mystery Shopping Study, conducted during fourth quarter 2010, Lands’ End made the list for a third consecutive year. Coach and Saks Fifth Avenue are two-year repeat achievers.

  • Ulysse Nardin, Gold To Go, Piñon Grill, Betsey Johnson and Men’s Express open at Town Center at Boca Raton

    Boca Raton, Fla. -- Indianapolis-based Simon Property Group announced that its Town Center at Boca Raton shopping mall is celebrating the grand opening of two national retail debuts, a Florida first in dining and several other upscale additions.

    Recently, Swiss watch manufacturer Ulysse Nardin opened its first freestanding U.S. boutique at Town Center at Boca Raton. Prior to the holidays, gold vending machine, the GOLD to go ATM, opened.

  • Focus on Global Retailing

    More than one-third of the world’s 250 largest retailers suffered a decline in sales in fiscal 2009 (encompasses June 2009 through June 2010), according to the Global Powers of Retailing 2011 report, whose results were revealed at the National Retail Federation’s Annual Convention & Expo in New York City. The annual report, from Deloitte Touche Tohmatsu Limited, identifies the largest 250 retailers around the world, provides an outlook for the global economy and an analysis of market capitalization in the retail industry.

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