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Apparel

  • REI announces two new store openings for spring 2015

    Seattle -- REI will set up shop in two new locations next spring. The national outdoor retailer will open in Princeton, New Jersey. REI is also extending its presence in the Atlanta area, with a 24,000-sq.-ft. store in Alpharetta, Georgia.

    REI’s 23,000-sq.-ft. store in Princeton will be located at Mercer Mall.

  • Management shake-up at Signet Jewelers; Zale CEO Killion resigns

    Hamilton, Bermuda -- Signet Jewelers Ltd. on Tuesday announced that Theo Killion, CEO and president of its newly acquired Zale division, has resigned, effective July 31.

    Killion had been tapped to lead Zale as a separate division within the company, Signet said when the deal closed in late May. George Murray, Signet's current chief integration management officer, has been promoted to president of the Zale division and will succeed Killion upon his departure.

  • Sport Chalet to be acquired by owner of Bob's Stores, EMS

    Meriden, Conn. -- Vestis Retail Group, made up of the East Coast-based Bob's Stores and Eastern Mountain Sports, has signed an agreement to acquire Los Angeles-based Sport Chalet.

  • Kate Upton heads to Times Square Express for denim campaign

    Express brand ambassador Kate Upton will debut her first advertising campaign for the retailer. The launch of the fall 2014 denim campaign with Upton makes her the first celebrity spokesperson to be featured in the brand's advertising in more than a decade.

    Upton will celebrate the launch with an exclusive RSVP-only "A Date with Denim and Kate Upton" event at the recently opened Express Times Square store in New York Tuesday, July 8.

  • Bob’s Stores parent company to acquire Sport Chalet

    Vestis Retail Group, the parent company of Bob's Stores and Eastern Mountain Sports, has set the wheels in motion to acquire Sport Chalet.

    The acquisition will create one of the largest sporting goods retailers in the United States, with more than 150 stores and coverage on the East and West coasts. Sport Chalet will continue to operate stores under its existing brand name, and according to Vestis Retail Group, no store closures are planned.

  • Former Circuit City CEO, Car Max founder Richard Sharp dies at 67

    New York -- Richard Sharp, the former CEO of Circuit City and driving force behind CarMax, has died due to complications from a rare type of Alzheimer’s disease. He was 67.

  • TPG Architecture names design director, retail studio

    New York -- TPG Architecture has promoted Nicole Varadi from senior designer to design director, retail studio.

    Varadi, who joined TPG in 2011, will now take on a greater degree of leadership within the retail studio while continuing to work actively on projects. Recently, she helped lead the design of The Red Door, the award winning day spa and beauty boutique in Union Square. She is currently working with brands such as Sundance and Rent the Runway, and is playing an active role in acquiring new business for the firm.

     

  • Copa do Mundo and Beyond: Brazilian Retail Surges

    Players from 32 countries have poured into Brazil for a month-long contest of extraordinary soccer skill, known as the Copa do Mundo, the 2014 FIFA World Cup. Cheering them is expected to be a total of some 3.7 million fans and tourists, adding an astonishing $3.3 billion USD ($6.7 billion Brazilian Real) to this nation’s economy. According to Brazil’s Ministry of Tourism, the average foreign visitor will attend four Copa do Mundo matches and spend approximately $2,488 during their stay.

  • American Apparel battle heats up as retailer adopts poison pill

    New York -- The battle for control over American Apparel Inc. shifted into high gear with the company adopting a one-year stockholder rights plan, or so-called poison pill, aimed at stopping founder and ousted chairman and CEO Dov Charney from seizing control of the chain.

    Charney is American Apparel’s largest shareholder, with a 27.2% stake in the company. On Wednesday, he signed a deal with Standard General whereby the New York firm would buy at least 10% of the company’s stock and then loan Charney the funds to acquire the stake.

  • American Eagle to open three U.K. stores

    Pittsburgh - American Eagle Outfitters Inc. is entering the U.K. with the opening of three new company-owned stores. The stores will be located in the Bluewater mall in Kent, England, as well as the Westfield Group’s London and Stratford City shopping centers in London, England.

    The stores opening in the Westfield centers will include an aerie presence in shop-in-shop form. All of the stores are expected to open during fall 2014.

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