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  • British brand Caramel Baby & Child to make U.S. debut on Madison Ave.

    New York -- Prudential Douglas Elliman's Retail Group said it has arranged the American debut of Caramel Baby & Child at 1244 Madison Avenue, between 89th and 90th Streets. 

    The luxury label, which currently has stores in London and Tokyo, specializes in clothing for babies through toddlers. The newest location is on a corridor that is regarded as a center for luxury children's clothing, and home to such neighbors as Armani Jr., Jacadi, Baby Cottons, J. Crew Cuts, Pink Chicken, Brooks Brothers Children and Rachel Riley.
     

  • Chase Properties acquires Williams Crossing shopping center

    Bedford, Ind. -- Beachwood, Ohio-based Chase Properties said it has acquired Williams Crossing in Bedford, Ind., from Horne Properties.

    Williams Crossing is a 50,000-sq.-ft. shopping center that is shadow-anchored by a Super Walmart. Other tenants in the center include Dollar Tree, Maurices, Shoe Show and Hibbett Sports. Marcus & Millichap brokered the sale.
     

  • Children’s Place to open at Eastwood Mall

    Niles, Ohio -- Youngstown, Ohio-based Cafaro Co. said that The Children’s Place will open a new store in the Dillard’s Concourse of Eastwood Mall, in Niles, Ohio.

    The new store is slated to open November 2012 in more than 3,500 sq. ft. of space.  

  • Guess taps licensee for new leadership

    Frank Rescigna is the new president of worldwide licensing at Guess? Inc.

    In his new role Rescinga will report to Guess CEO and co-founder Paul Marciano. Rescinga previously served as president of Viva, a Guess eyewear licensee.

  • Ralph Lauren CFO resigns

    New York -- Ralph Lauren Corp. said CFO Tracey Travis has resigned to pursue other interests.

    Robert Madore, senior VP finance, will assume the role on an interim basis, effective July 30, the company said in a regulatory filing.
     

  • Banana Republic brings new style to Virgin America

    SAN FRANCISCO and NEW YORK — Virgin America's flight crew is getting a little more stylish, thanks to a new partnership with Banana Republic. The retailer has designed the uniforms for the airline's 2,000 in-flight and airport teammates, and pilots.

  • Kate Spade in deal to gain full control of Japanese venture

    New York -- Fifth & Pacific Cos., formerly known as Liz Claiborne, said that its Kate Spade LLC brand is buying out the interest of its partner in a joint venture based in Japan, the Associated Press reported.

    Kate Spade will have full ownership of Kate Spade Japan Co. after it buys Sanei International Co.'s 51%  stake in the business. Fifth & Pacific said the deal is expected to cost $45 million to $50 million, including debt repayment and transaction fees.

  • Lord & Taylor signs on as exclusive retail sponsor of 'Project Runway'

    New York -- Lord & Taylor has entered into an exclusive partnership with Lifetime’s Project Runway for the television shows’ tenth anniversary season.

    The partnership includes an exclusive retail sponsorship for the season and a comprehensive integrated marketing program.

  • Nordstrom, TopShop to launch joint-venture pilot in 14 Nordstrom stores

    Seattle -- Nordstrom and British fashion brand TopShop said Thursday they have formed a partnership to launch TopShop and TopMan in-store departments in 14 Nordstrom stores, as well as on Nordstrom.com beginning Sept. 10.   

    The joint venture makes Nordstrom the only large U.S. retailer to sell a broad assortment of the British fashion brands' merchandise in-store and online.

    TopShop and TopMan have flagship stores in New York, Chicago, Las Vegas and Los Angeles (opening spring 2013).

  • Former Bloomingdale CEO Marvin Traub dead at 87

    New York -- Marvin S. Traub, Bloomingdale’s president and CEO for 22 years, died Wednesday at age 87. Traub had suffered from bladder cancer.

    Traub is credited with turning the Bloomingdale’s Manhattan flagship – at Lexington and 59th – into a showcase. He started as a merchandising manager in 1962, and was named president in 1969.

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