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Apparel

  • Macy’s Q1 profit up 20%

    Cincinnati -- Macy’s reported increases in sales and income for the first quarter of 2013 compared to the same period a year earlier, despite cool weather that delayed spring shopping in key markets. Net income was $217 million, a 20% hike from $181 million in the year-ago period.  

    While net income slightly beat analyst predictions, same-store sales rose 3.8%, short of the 4.3% expected by analysts. Net sales totaled $6.39 billion, up 4% from $6.14 billion in the year-ago period.

  • Renaissance at Colony Park sets lifestyle standard

    When Renaissance at Colony Park opened in Ridgeland, Miss., in 2008, it created a stir not only among the local residents of Ridgeland, Miss., but also within the retailer and shopping center communities as a whole.

    The project, developed by Mattiace Properties and H.C. Bailey Cos., pulled together the aesthetic elements of a Main Street and town center format with strategic, traffic-driving retail, entertainment and dining offerings.

  • Former Aeropostale exec named to Blue Nile board

    SEATTLE — Blue Nile, an online retailer of diamonds and fine jewelry, has appointed former Aeropostale co-CEO Mindy Meads to its board of directors. 

    Meads has 35 years of experience in the global apparel industry. She currently serves on two public boards — Wet Seal, a specialty teen brand, and Mela Sciences, a bio tech company. In these roles, she provides strategic counsel focused on growth and the use of multichannel business strategies.

  • Cool weather fails to hold back Macy’s Q1 profits

    CINCINNATI — Macy’s reported increases in sales and income for the first quarter of 2013 compared to the same period a year earlier, despite cool weather that delayed spring shopping in key markets. Net income was $217 million, a 20% hike from $181 million in the year-ago period.  

    While net income slightly beat analyst predictions, same-store sales rose 3.8%, short of the 4.3% expected by analysts. Net sales totaled $6.39 billion, up 4% from $6.14 billion in the year-ago period.

  • Club Monaco launches lookbook on Tumblr

    NEW YORK — International lifestyle brand Club Monaco is leveraging the power of social media to promote its fashion apparel and accessories. It has launched an interactive fashion lookbook on Tumblr. 

    Club Monaco hopes to use the visually driven platform to expand its reach and entice consumers to see and share fashion looks months before they hit the stores. 

  • Cache loss widens in Q1

    New York -- Cache reported Tuesday a loss of $18.5 million for the first quarter, widened from a loss of $1.2 million in the same quarter last year. An income tax provision of $10.2 million and employee separation costs were cited as reasons for the worsened performance.

    Revenue declined 5% percent to $53.5 million from $56 million, and same-store sales dipped 1.5%.

     

  • Gordmans names planning, allocation exec

    Omaha, Neb. -- Apparel and home-décor retailer Gordmans said Tuesday it has appointed Geoffrey Ayoub as senior VP planning, allocation and analysis.

    Ayoub joins Gordmans from EDCON, a South African-based retailer operating over 1,000 stores in multiple retail formats throughout five countries. At EDCON, he served as chief planning officer responsible for all aspects of merchandise planning, allocation, replenishment and merchandise analysis.

  • New York City second to Hong Kong in world’s highest retail rents

    Los Angeles -- CBRE Group released research findings on Tuesday that showed Hong Kong’s continued top position as the world’s most expensive global retail market, recording prime rents nearly 150% higher than New York City.

    London ranked third, with prime rental rates 400% lower than Hong Kong’s.

  • Men’s Wearhouse redesigns website

    Fremont, Calif. -- Men’s Wearhouse is launching a redesigned e-commerce site with a number of upgraded and personalized features. These include personalized style suggestions, product filters such as size, price and color, and personalized product selections based on shopper history. The retailer is planning to offer additional new online features in the next six to eight months, such as new checkout experience, buy online and pick up in-store capabilities, and international shipping.

  • Century 21 tries out smaller footprint

    ELIZABETH, N.J. — Century 21 is opening a new concept store at the Outlet Collection Jersey Gardens in Elizabeth, N.J. The retailer hopes a smaller footprint will offer shoppers an “elevated shopping experience” with a highly edited assortment of fashion and accessories for men and women.

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