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  • Loft expands footprint in Great White North

    TORONTO — Loft will open four new store locations in Ontario, Canada, following the retailer's initial foray into the Great White North late last year at the Yorkdale Shopping Centre in Toronto.

    The retailer also introduced e-commerce into its new Canadian market in March.

  • Amore opens at SkyView Center

    Queens, N.Y. -- South Korean skin care brand Amore has opened a 1,600-sq.-ft. store at The Shops at SkyView Center. The new store, which grand-opened on May 24, is located on Level B and joins Restoration Hardware Outlet, Target, Carter’s, BJ’s Wholesale Club, Marshall’s, Old Navy, Bed Bath & Beyond and Best Buy, among others.

  • Chico’s disappoints as Q1 profit slips 4.7%

    Fort Myers, Fla. – Chico's reported a lower-than-expected profit of $51.1 million for the first quarter, excluding non-recurring acquisition and integration costs related to its Boston Proper acquisition, versus a profit of $54 million in year-ago period.

    Sales rose 3% to $670.7 million, up 3% from $650.8 million last year. Chico’s, which operates its namesake stores, as well as the Soma Intimates and White House | Black Market chains, attributed much of this boost to the opening of 114 net new stores in the past year.

  • Mother Nature flattens Chico FAS Q1 same store sales

    FORT MYERS, Fla. — Chico FAS's comparable sales for the first quarter ended May 4 were flat compared to a nearly 10% increase in last year's first quarter, thanks to an unusually cool spring and the cycling of strong comparable sales last year.

  • Haggar names Schneider sales director

  • Despite Q1 net sales decrease, Wet Seal has positive outlook

    FOOTHILL RANCH, Calif. — The Wet Seal’s CEO focused on the positive following the company’s first quarter results for the period ended May 4.

  • Former Hampshire Group exec heads to Haggar

    DALLAS — Haggar Clothing Co. has appointed Don Schneider as the company's VP director of sales. He will report to Tadd Parnell, SVP national sales manager.

    Hagger will look to Schneider to lead the company's continued growth and management of its top national accounts, with special focus on Haggar dress shirts and sweater collections and the Haggar C18 golf collection.

  • Rue21 to be acquired by Apax Partners in $1.1 billion deal

    New York -- Rue21 shareholder Apax Partners will acquire the teen apparel retailer in a deal valued at about $1.1 billion. The private equity firm, which has a 30% stake in rue21, also owns Cole Haan and Takko Fashion as part of its retail portfolio.

    Rue21 said it has set up a special committee of independent directors to solicit and evaluate higher bids during a 40-day go-shop period.

     

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