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Apparel

  • Alibaba buys 9% stake in Zulily

    Alibaba Holding Group Ltd. went on a buying spree at Zulily this month, but the Chinese Internet retailer wasn't buying baby shoes.

    Alibaba purchased about 4.8 million class A shares in Zulily, about 17% of Zulily’s Class A stock. The stake, valued at more than $150 million, was disclosed in a securities filing that showed Alibaba this month spent $56 million buying Zulily stock as the U.S. company’s shares plunged following a disappointing earnings report.

  • Macy’s new Macy’s Backstage off-price format to open four pilot stores in fall

    Cincinnati -- Macy’s will debut its off-price business in fall 2014, opening four stores in metro New York City. The new business, one of the department store giant’s major growth initiatives, will be called Macy’s Backstage.

  • Joe Fresh and J.C. Penney partnership to end

    Toronto -- Canada’s Loblaw Companies Ltd. said it will pull its Joe Fresh brand from J.C. Penney stores in the United States at the beginning of next year as it looks to concentrate on freestanding Joe Fresh stores and e-commerce.  

  • Christie's e-commerce chief joins Loehmann's board

    Loehmann's has added a new e-commerce chief to help build the next phase of the off-price retailer's online marketplace.

    Loehmann's said that Jeffrey Cripe is joining the Loehmann's advisory board. Cripe, who manages e-commerce partnerships and business development at Christie's, has experience in e-commerce, branding, audience development, and strategic partnerships.

  • Dov Charney sues American Apparel shareholder Standard General

    New York -- Dov Charney, the embattled founder and ousted CEO of American Apparel, is suing the retailer’s controlling shareholder, Standard General, for damages of at least $30 million.
     
    Charney accused the hedge fund of an array of misdeeds, including defamation, false light, intentional interference with actual and prospective economic relations, unfair business acts and false advertising, according to a lawsuit filed Thursday in Los Angeles Superior Court.

  • Study: April sales fall despite traffic boost

    San Francisco – Retail sales in several top retail verticals fell despite increased shopper traffic in April 2015. According to a report from Wi-Fi location analytics provider Euclid, early Easter did not cause a drop-off in visits to the store, but consumer caution around spending tax refunds prevented a commensurate sales boost.

    Euclid estimates sales growth in the following retail verticals of:

    • 1.1% decline year-over-year in general merchandise, apparel, furniture and other (GAFO) retail sales.

  • Jins Eyewear, San Francisco

    Jins Eyewear, one of Japan’s largest eyewear brands, opened its first-ever U.S. store, in San Francisco's Union Square neighborhood. The 4,900-sq.-ft. space features more than 1,200 different styles of Jins' exclusive frames.  

  • Kay Jewelers gets social for Mother's Day

    Kay Jewelers is leveraging the visual power of Pinterest and Instagram by running an innovative social media promotion for Mother’s Day.

    The retailer said that visitors to its Instagram and Pinterest accounts will have an opportunity to interact with the brand through eye-catching visuals that showcase the company's jewelry in unique and creative ways, as well as win huge prizes.

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