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Apparel

  • Destination XL Group swings to Q4 profit

    Canton, Mass. -- Destination XL Group Inc. grew sales and margin and swung to a profit in its fourth-quarter, reporting net income of $1.6 million, after a $55.1 million loss in the same period a year earlier. It also announced plans to open 40 DXL stores in 2015.

    The retailer of men’s big and tall apparel reported revenue of $119.6 million in the period. Sales per square foot in DXL stores rose 10% to $165. Total same-store sales increased 8.9%.

  • Christopher & Banks sails through challenging Q4

    Christopher & Banks Corp.

  • Thor Equities acquires property on Avenue Des Champs-Elysees

    New York -- Thor Equities has signed a contract to acquire a prime retail and office property at 102 Avenue des Champs-Elysees in Paris. “102 Avenue des Champs-Elysees is at the center of one of the most desirable locations in the world, just blocks from the Arc de Triomphe and Place Charles de Gaulle,” said Joseph Sitt, CEO of Thor Equities.  “We continue to believe strongly in the Paris retail market, in particular prime shopping and tourist destinations such as the Champs-Elysees and Boulevard Haussmann.”
     

  • Facebook wants to reinvent how consumers talk to retailers

    New York -- Facebook hopes to transform the way  customers communicate with retailers by re-inventing the customer service platform. Facebook and its partner Zendesk, a customer service platform firm, are teaming up to allow businesses to provide scalable and responsive customer service to the more than 600 million people worldwide who use Facebook's popular Messenger app. The social media giant is inviting retailers and other companies to develop software that allows customers to communicate instantly with them through Messenger.

  • American Eagle Outfitters to open stores in Peru and Chile

    Pittsburgh -- American Eagle Outfitters is expanding its global retail presence with a series of licensed stores throughout Chile and Peru, building on existing growth markets throughout the region, including Colombia, Panama and the Caribbean, as well as company owned stores in Mexico.

    The company has signed a multi-year license agreement with Eurofashion Limitada, a leading Chilean company and division of the Cencosud S.A. Group specialized in developing national and international fashion brands.

  • One Hundred Oaks now under JLL management

    Nashville, Tenn. -- JLL announced the firm has been retained to manage One Hundred Oaks located in Nashville, Tennessee, on behalf of LaSalle Investment Management. The nearly 1 million-sq.-ft. medical mixed-use property sits on 54 acres, half of which houses the Vanderbilt University Medical Center.

    The property’s retail tenant mix includes national, regional and local retailers, and is anchored by Regal Theatres, Burlington Coat Factory, Ross, TJ Maxx, Petsmart and Michaels.

  • American Eagle takes flight in South America

    Specialty apparel retailer American Eagle had a solid fourth quarter and now is eyeing growth opportunities far from its home market by teaming up with leading South American retail conglomerate Cencosud.

  • Kleinfeld Hudson’s Bay named Store of the Year by A.R.E.

    Las Vegas -- Kleinfeld Hudson’s Bay, a glamorous bridal shop on the top floor of the Hudson’s Bay’s flagship and headquarters building in Toronto,  took the big prize — Store of the Year — in the Association for Retail Environments 2015 Design Awards. The annual awards recognize the best in retail design, store fixtures and visual presentation.
     

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