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Footwear

  • Foot Locker names Questrom to board

    New York City -- Foot Locker said Thursday it has named Allen I. Questrom, along with Guillermo Marmol, to its board of directors, bringing the total number of directors to 11.

    Questrom, the former chairman and CEO of J.C. Penney Co., Barneys New York and Federated Dept. Stores, now Macy’s, is currently a senior advisor to Lee Equity Partners.

    Marmol is president of Marmol & Associates, and has a long background in information technology and systems.

  • Guess opens Fifth Avenue flagship

    New York City -- Guess announced Thursday that its North American flagship location has opened at 575 Fifth Avenue, at 47th St., in New York City.

    The new store, the retailer’s largest to date, spans 13,000 sq. ft. over two floors and is inspired by the brand’s new global flagship concept launched in Milan last year.

  • Long-time fashion exec to head Nine West Direct

    NEW YORK -- The Jones Group Inc. announced that it has appointed Sally Ross EVP merchandising for Nine West Direct, effective immediately. Ross' focus will be on leading the merchandise initiatives for Nine West Retail, Nine West Outlet and NineWest.com, and she will report directly to Ron Offir, President, Jones Direct Group, the company reported.

  • Abercrombie Q4 earnings nearly double

    New Albany, Ohio -- Abercrombie & Fitch Co.'s fiscal fourth-quarter net income nearly doubled on strong sales overseas and better U.S. results. The retailer reported net income of $92.6 million, up from $47.5 million a year ago.

    Revenue for the period ended Jan. 29 rose 23% to $1.15 billion, from $936 million. Domestic revenue rose 13%, while international revenue jumped 61%.

    Same-store sales rose 13%.

  • New retailers to open at Shoppes at Boca Greens

    Boca Raton, Fla. -- West Palm Beach, Fla.-based American Commercial Realty Corp. said it has completed several new leases at the Shoppes at Boca Greens in Boca Raton, Fla.

    Cosmetics and beauty retailer Harmon Face Values, a division of Bed Bath & Beyond, will open a new, 7,400-sq.-ft. store, the retailer’s first full store in Florida.

    Children’s clothing retailer Denny’s Children’s Wear will relocate and expand to an 8,600-sq.-ft. location within the center.

  • Hibbett misses 4Q guidance

    An otherwise exceptional year of sales and profits at Hibbett Sports was soiled somewhat late in the fourth quarter as consumer demand deteriorated, forcing the company to alert investors that it would come up short against earlier guidance. The 767-unit Hibbett chain continued to execute its strategy, but really bad weather in many of the company’s markets coupled with a slower-than-expected flow of tax refunds negatively affected results.

  • Grapevine Mills names marketing director

    Grapevine, Texas -- Indianapolis-based Simon Property Group said that Kerri Bear has joined the management team at Grapevine Mills as director of marketing and business development.

    Bear will be responsible for managing marketing, advertising and public relations programs, as well as selling in-mall media, securing sponsorships, coordinating promotional events and driving tourism.

  • DSW to acquire Retail Ventures

    Columbus, Ohio -- DSW said Tuesday that it will acquire its largest shareholder Retail Ventures and turn it into a wholly owned subsidiary, helping to simplify its relationship.

    According to the shoe retailer, the two companies signed a merger agreement, under which DSW will give stockholders 0.435 of a DSW share for each share they hold of Retail Ventures.

    Retail Venture holds a 62% stake in DSW.

    The companies are slated to hold a conference on Wednesday to discuss the deal with investors.

  • Jones Group reports revenue rise in Q4

    New York City -- The Jones Group reported Wednesday that revenues for the fourth quarter rose 12.5% to $874 million, from $777 million in the year-ago period.

    The company attributed the fourth quarter performance to the June 2010 acquisition of the Stuart Weitzman business, as well as increases in various business segments.

    Jones Group closed 44 retail locations in the fourth quarter to end the year with 803 locations (which includes acquired Stuart Weitzman locations). The company closed 194 locations in 2010.

  • Four new tenants join Rialto mixed-use property

    Orlando, Fla. -- The Wilder Cos. and CNL Commercial Real Estate said Friday that three new retailers and a new eatery will open at Rialto, located in Orlando, Fla.

    Wilder, the developer and owner of RIALTO, said iStudio Salon, The Spectacle Shop, You Nails and Jimmy John's Gourmet Sandwiches will open this spring through early summer.

    Rialto is a 350,000-sq.-ft. mixed-use project that is slated to include more than 75,000 sq. ft. of retail and restaurants, 50,000 sq. ft. of Class A office space and 200 luxury residential units.

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