Apparel

DSW’s division the Affiliated Business Group has entered into a joint agreement with Loehmann’s which renders ABG the sole supplier for Loehmann’s footwear departments in the company’s U.S. locations and e-commerce site.

The initial roll out is expected to begin at a few stores starting December, with the balance of the chain and e-commerce launching in the first quarter 2014. ABG will plan, procure and deliver the entire women's and men's footwear inventory, while Loehmann’s will provide staffing for the shoe departments.

Annual study tracks cost of building and outftting stores

The cost of building and outfitting stores is on the rise, according to Chain Store Age's 2013 Store Construction and Outfitting Survey.

Los Altos, Calif. – Catalog Spree, which promotes itself as a “digital mall” providing online access to retail catalogs, has added several brands to its mobile shopping app. Retailers — including Forever 21, JC Penney, Kohl's, Target, Toms Shoes, Torrid and Urban Outfitters — now have Catalog Spree “lookbooks” that provide online browsing of catalog-style product selections. Catalog Spree also has added a price watch feature that sends users automatic notifications when prices on desired goods drop to a certain point.

Jacksonville, Fla. – Stein Mart has named Jay Stein, its interim CEO since September 2011, as permanent CEO. Stein has been chairman of Stein Mart’s board of directors since 1989 and will remain in that position. He also served as CEO from 1990 to 2001.

JACKSONVILLE, Fla. — Stein Mart’s interim CEO Jay Stein has been named CEO. 

"It has been my pleasure to return and lead Stein Mart after nearly two years as interim CEO. Working side-by-side with our wonderful leadership team, we are now enjoying these great results," said Stein. "This is an important time in our company's history and I am very happy to be part of this great organization."

HAMPSTEAD, Md. — JoS. A. Bank Clothiers teamed up with the Gary Sinise Foundation to give suits to thousands of military veterans as they re-enter the civilian workforce.

Improvements in the housing market that have lifted the fortunes of Home Depot and Lowe’s so far this year extended to leading home goods retailer Bed Bath & Beyond, which reported solid sales growth late Wednesday.

The company produced earnings per share of 93 cents that met analysts’ consensus estimate and fell with the guidance range of 88 cents to 94 cents, on sales that grew 17.8% to slightly more than $2.6 billion. Same store sales rose 3.4% during the first quarter ended June 1, on top of a prior year comp increase of 3%.

Paris - Louis Vuitton said Tuesday it has tapped billionaire heiress Delphine Arnault as the company’s executive VP. As the second in command, the daughter of LVMH CEO Bernard Arnault will oversee all product-related activities of the Louis Vuitton House.

Fremont, Calif. – In another twist to the ongoing Men’s Wearhouse-George Zimmer saga, Reuters reports that Men’s Wearhouse founder and former executive chairman Zimmer is contemplating trying to recapture his position as executive chairman through such means as a buyout attempt with private equity backing or rallying the support of shareholders. Neither Zimmer nor Men’s Wearhouse has officially commented, but Zimmer is reportedly consulting advisers, including his legal counsel, Cooley LLP.

PARIS — Louis Vuitton has tapped billionaire heiress Delphine Arnault as the company’s EVP. As the second in command, the daughter of LVMH CEO Bernard Arnault will oversee all product-related activities of the Louis Vuitton House.