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Casual

  • JoS. A. Bank posts record profit in fiscal 2010

    Hampstead, Md. -- JoS. A. Bank Clothiers reported Wednesday that net income for fiscal year 2010 leaped 21% to a record $85.8 million, compared with $71.2 million in the year-ago period.

    Net sales surged 11.4% to a record of $858.1 million in fiscal year 2010, compared with $770.3 million in fiscal year 2009.

    Same-store sales increased 7%.
     

  • Piero Guidi debuts at 430 West Broadway

    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.

  • Charming Shoppes to close 240 stores

    Bensalem, Pa. -- Charming Shoppes said it would close 240 unprofitable stores in 2011, or nearly 12% of its total outlets, and that more than half of those would be Fashion Bug stores.
     
    The locations were not disclosed.

    The company said all 30 of its Catherines Plus Sizes stores in outlet locations would be shuttered over a two-year period.
     

  • Jos. A. Bank to open at Willow Grove Park this spring

    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.

  • Delia's names two new board members

    NEW YORK -- Teen fashion retailer Delia's has announced the appointment of two shareholder representatives to its board of directors effective March 25. The two new directors are Michael Zimmerman, the founder and CEO of Prentice Capital Management, LP, and Mario Ciampi, the managing partner of Prentice Capital Management, LP. Zimmerman will also serve as a member of the corporate governance and nominating committee, and Ciampi will be a member of the compensation Committee.

  • New CEO named at Charming Shoppes

    BENSALEM, Pa.  -- Charming Shoppes has announced the appointment of Anthony Romano as the company's president and CEO and a member of the company's board of directors, and the appointment of Brian Woolf as group president Lane Bryant, effective immediately.  

  • Alliance Data’s LoyaltyOne business signs agreement with The Children’s Place

    Dallas -- Alliance Data Systems Corp., a provider of loyalty and marketing solutions derived from transaction-rich, announced that its Canadian coalition loyalty business has signed a national agreement with The Children's Place Retail Stores.

    The agreement provides for The Children's Place to participate as a national sponsor in the Canadian Air Miles Reward Program and issue reward miles across Canada. Previously, The Children's Place launched a seven-month Air Miles pilot initiative in Alberta and British Columbia.

  • Tommy Bahama names SVP marketing

    SEATTLE -- Terry Pillow, CEO of the Tommy Bahama Group, has announced the appointment of Rob Goldberg as SVP marketing. Goldberg, who joined Tommy Bahama in 2010 as SVP restaurants, will continue to oversee the restaurant operations in addition to his new duties. Goldberg will continue to be based at the company's Seattle headquarters. The appointment is effective immediately.

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