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  • Men’s Wearhouse engages AlixPartners to support Jos. A. Bank merger

    Houston -- The Men's Wearhouse, Inc. has engaged the advisory firm, AlixPartners, to support its integration of Jos. A. Bank Clothiers, Inc. Jos. A. Bank's store banner will remain in place and management will consist of executives from both companies.

  • Hampshire Group taps new COO

    Hampshire Group has promoted David Price to the role of chief operating officer. Price held the role of SVP of operations at Hampshire Group since 2012.

    He will report to chairman and CEO Paul Buxbaum, and will oversee operations in all divisions of Hampshire Group.

    “We are thrilled to promote David into the role of COO. David has been an integral part of the turnaround effort of Hampshire Group, and he will serve an even more important role in building the business going forward,” said Buxbaum.

  • H&M to open two new retail formats in U.S.

    New York -- Swedish fast-fashion retailer H&M said on Thursday it will debut two of its newer retail formats, COS and & Other Stories, in the United States this year.

    H&M will open its first COS U.S. location this April in New York City’s SoHo area. A second U.S. store will open later this year, in Beverly Hills, Calif.

    The retailer’s & Other Stories banner will make its U.S. debut this fall, opening a store in downtown Manhattan.

  • EBay plans automated Canada fulfillment center

    San Jose, Calif. -- EBay Enterprise, an EBay company, will open a new fulfillment center in Ontario, Canada, in second quarter 2014. The new 150,000-sq.-ft. facility will support client growth, including The Children’s Place, which recently signed a new multiyear agreement with EBay Enterprise.

  • Golden Gate buys 9.5% stake in Ann Inc.

    San Francisco – Private equity firm Golden Gate Capital Corp. disclosed in a regulatory filing that it has purchased a 9.5% ownership stake in Ann Inc., parent of Ann Taylor.  

    In a letter to the Ann Inc. board of directors, Golden Gate said it looks forward to working collaboratively with Ann Inc. The company said that it did not plan to seek changes to the retailer’s board or executive team, or to push for a sale

  • Wet Seal shrinks net loss in Q4

    Foothill Ranch, Calif. – The Wet Seal Inc. shrank its net loss to $27.5 million during the fourth quarter of fiscal 2013 from $85.8 million in the same quarter a year earlier. Net sales slipped 23% to $124.8 million from $161.6 million and same-store sales dropped 16%.

  • Big and Tall retailer takes on Big Apple

    Destination XL Group plans to open its first store in Manhattan this June and promises the city’s big and tall men an upscale experience at its store on 699 Sixth Avenue.

  • Destination XL opens Manhattan store in June

    New York -- Destination XL Group, Inc. will open its first Manhattan store in June 2014. Located in the Chelsea section of Manhattan, the new DXL stores represent the company’s superstore format.

    As part of the company’s new redesign, the store will feature wider aisles and larger fitting rooms, as well as sofas, chairs and flat-screen televisions.

  • Men’s Wearhouse extends tender offer for Jos. A. Bank

    Fremont, Calif. -- The Men's Wearhouse has extended the expiration date of its tender offer for all outstanding common shares of Jos. A. Bank, in accordance with terms of the March 11 merger agreement. The offer and withdrawal rights are now scheduled to expire on April 9, 2014, unless further extended.

  • Gap designer is Bloomberg cover girl

    Only 18 months into her job as Gap’s creative director and already Rebekka Bay is the focus of a cover story in the most recent issue of Bloomberg Businessweek about, “making Gap matter again.”
     

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