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Apparel

  • Levi Strauss adds Charlotte Russe CEO Jenny Ming to board

    Levi Strauss has added Jenny Ming to its board of directors. Ming is president and CEO of Charlotte Russe, a specialty retailer of apparel and accessories catering to young women, with more than 500 stores across the US, a position she has held since October 2009.

  • Torrid And Steve Madden join retail line up at Grapevine Mills

    Grapevine, Texas -- Grapevine Mills, the largest outlet and value retail shopping destination in North Texas, welcomed Torrid to its retail line-up of more than 180 stores, and will soon enhance its selection when Steve Madden opens in October.  

  • Burlington Stores stockholders to offer 8 million shares for sale

    Burlington, N.J. - Affiliates of Bain Capital Partners LLC and certain other stockholders of Burlington Stores Inc. intend to offer eight million shares of the company’s common stock in an underwritten public offering. The offering consists entirely of secondary shares to be sold by the selling stockholders.

    Burlington Stores will not sell any shares in the offering and will not receive any proceeds from the offering. J.P. Morgan is acting as sole book-running manager for the offering.

     

  • Ann Inc. expands Loft into Mexico

    New York – Ann Inc. is opening its first Loft store in Mexico, continuing the company's international expansion. The store is located in the Antea Lifestyle Center in Queretaro, with additional locations planned for later this year in Mexico City's Parque Toreo Mall and Puebla's Angelopolis Mall.

    Ann Inc. is working with its franchise partner Grupo Axo to establish its retail presence in Mexico.

  • Bon-Ton Stores to close two locations

    York, Pa. -- The Bon-Ton Stores  announced it will close its Bon-Ton store in the Clearview Mall in Butler, Pennsylvania, and its Elder-Beerman store in the Raleigh Mall in Beckley, West Virginia.

    The company will not renew these leases, which terminate January 31, 2015. The stores will close at the end of the leases.

  • Chico's enhances omnichannel capabilities with RFID-enabled inventory accuracy tool

    Chico’s is looking to evolve its omnichannel retailing strategy, and to that end, has partnered with Tyco, a leading global provider of retail performance and security tools and technology, to address inventory accuracy and visibility challenges in 13 Soma Intimates pilot stores.

    Tyco's RFID-based Inventory Intelligence tool is designed to enable store assistants to access accurate, real-time inventory information in one place to better manage their deep merchandise assortment and to drive increased sales and shopper satisfaction, according to the company.

  • Christopher & Banks lowers sales forecast for third quarter

    Continued softness in mall traffic and lower-than-expected sales from its September fashion show have prompted Christopher & Banks to cut its sales forecast for the third quarter of fiscal 2014.

  • Stage Stores enters $350 million credit facility

    Houston - Stage Stores Inc. has entered into an amended and restated $350 million senior secured revolving credit facility that will mature on Oct. 6, 2019. The credit facility replaces the company’s former $250 million senior secured revolving credit facility, which was set to mature on June 30, 2016.

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