Accessories

Los Angeles -- Another online retailer is taking the brick-and-mortar plunge. California lifestyle brand Gypsy05 announced it will open its first two retail locations at the end of this month. After nearly 10 years of business, the brand has decided to open branded Gypsy05 retail stores, in Beverly Hills, and in the Malibu Country Mart in Malibu, California. The brand is set to open a third location, in Orange County, California, later this year, but real estate negotiations have not been completed.

First-quarter sales at Guess fell in North America and Europe. Despite a net loss of $2.1 million, compared with net earnings of $9.9 million in the year-ago period, the company touted strong momentum in its e-commerce business, adding that it remains a key initiative as consumer demand continues shifting to that channel.

Hollywood, Calif. - Frederick's of Hollywood Group Inc. shareholders approved, at a special meeting of shareholders held May 28, the previously disclosed merger agreement that provides for the acquisition of the company. The merger was approved by more two-thirds of the aggregate voting power of the company's common stock.

New York — & Other Stories, a sibling brand to H&M, has leased a 10,915-sq.-ft. space at 575 Broadway in the SoHo district of Manhattan, according to RKF, which represented the landlord, 575 Broadway Associates LP, in the transaction. Cole Schotz provided legal counsel. CBRE represented & Other Stories.

Pittsburgh -- Dick’s Sporting Goods on Tuesday announced grand openings for three new stores.

The company will hold opening celebrations June 6 through June 8 for the following locations: Lawrence, Kansas; Culpepper, Virginia; Arden, North Carolina.

With the openings, Dick’s will operate 570 stores nationwide.

Kansas City, Kan. — Lids and Haggar Clothing Co. will open at Legends Outlets Kansas City in Kanas City, Kansas, over the Memorial Day weekend. Lids will occupy a 1,368-sq.-ft. space, and Haggar has taken 2,476-sq. ft.

The new tenants will join other recent new tenants including Woody’s Automotive, sweetFrog, Pizza Studio, Bath & Body Works, Nail Envy and Coach Factory.
 

Fort Worth, Texas — Rice Management Co. has selected Trademark Property Co. to oversee asset and property management, leasing and repositioning of the village Arcade in the historic Rice Village district of Houston, Texas.

The selection comes after Rice University exercised an option to acquire the leasehold interest in the two-level 195,000-sq.-ft. open-air retail center from the current owner, Weingarten. Closing is set for the third quarter of this year.

Seattle -- Nordstrom Inc.’s net income for the first quarter fell 3% to $140 million from $145 million in the year ago period, reflecting heavy investments in technology to support omnichannel initiatives and the retailer’s debut in Canada. Its earnings still topped Street views. The company plans to open three full-line stores and 17 Nordstrom Rack stores during the remainder of fiscal 2014

While other retailers saw sales affected by a winter that overstayed its welcome, Dillard’s marked its 15th consecutive quarter of positive sales.

Despite weak sales in home and furniture, Dillard’s said sales trends in the first quarter were strongest in the men’s apparel and accessories category and the juniors’ and children’s apparel category followed by ladies’ accessories and lingerie.

Seattle -- Outdoor garments and accessories outfitter C.C. Filson Co. has opened its first retail store on the East Coast, in downtown Manhattan.

The approximately 1,800 sq.-ft. store sells the company’s signature luggage, leather accessories, apparel and iconic outerwear, and also is the first Filson location to offer its new line of camera bags, developed in collaboration with Magnum Photos.