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  • Black Diamond bolsters senior leadership team

    SALT LAKE CITY — Black Diamond, a provider of outdoor recreation equipment and active lifestyle products, beefed up its senior leadership team with four new hires. The newly created positions are intended to bolster the company’s operational and sales teams, domestically and internationally.

    "These four exceptional new hires mark the culmination of our two-year process to invest in the people necessary to support our global platform," said Peter Metcalf, president and CEO of Black Diamond.

  • Walmart and Toys ‘R’ Us most talked about brands on Facebook on Black Friday

    New York -- Facebook said referral traffic to retail sites from Facebook on Cyber Monday increased 240%, compared to average referral traffic for the last several Mondays.

    Among  U.S. retailers, Walmart, Toys “R” Us, Macy’s, Amazon and Converse were the five most talked-about brands on Black Friday, according to Facebook’s People Talking About metric.

  • Nordstrom to make greater Milwaukee debut in 2015

    Seattle -- Nordstrom announced plans to open a store at Mayfair, in Wauwatosa, Wis., the largest mixed-use shopping center in the state. Scheduled to open in 2015, it will be the retailer’s first full-line store in the greater Milwaukee area. Mayfair is owned by General Growth Properties.

    The company plans to open an approximately 140,000-sq.-ft., three-level store. Nordstrom will join Macy's, Boston Store, Crate & Barrel and the Apple Store at Mayfair.

  • Bettie Page makes New York City debut

    Las Vegas -- Tatyana Designs opened its first Bettie Page store in New York City, in Manhattan’s Bowery neighborhood. The iconic area has recently become a flashpoint for cutting edge, fashion forward designers.

    "It's perfect for our brand," noted Tatyana Designs co-CEO Jan Glaser. “This is the perfect place for our first store in NYC."

    The new store is the company’s 11th retail location to date.

  • Tanger and Peterson Companies break ground on Tanger Outlets National Harbor

    Greensboro, N.C. -- Tanger Factory Outlet Centers and Peterson Companies announced that construction has commenced on Tanger Outlets National Harbor, located in the National Harbor, the Washington, D.C., area's premier waterfront resort destination.

    Developed by Peterson Companies, National Harbor comprises 350 acres of prime real estate along the scenic Potomac River in Prince George's County, Md. Tanger Outlets National Harbor will feature approximately 80 leading brand name and designer outlet stores.

  • Tiffany Q3 misses Street; cuts outlook

    New York -- Tiffany & Co. reported Thursday that net income for the quarter ended Oct. 31 plummeted 30% to $63.2 million from $89.7 million, hurt by higher costs and tax rates as well as continued economic softness.

    Revenue climbed 4% to $852.7 million, missing Wall Street’s expected $858.8 million in sales. By region, sales rose 6% in Europe and 3% in the Americas.

    The retailer has cut its full-year earnings forecast.

     

  • J. Crew profit surges 54% in Q3

    New York -- J. Crew Group reported Thursday that net income for the third quarter rose to $33.2 million, from $21.6 million in the prior year.

    Revenues increased 16% to $555.8 million, and same-store sales increased 10%.

     

  • Guess Inc. profit plummets 44.7% in Q3

    Los Angeles -- Guess Inc. reported Wednesday a profit of $36.6 million for the third quarter, down 44.7% from net earnings of $66.3 million in the same period last year.
     
    Revenue fell 2.2% to $628.8 million, from $642.8 million in the prior-year quarter, but beating analysts’ expected $624.8 million in revenue. Retail sales in North America dipped 1.3% to $262.1 million. Same-store sales overall dropped 6%.
     
    The company said economic pressures hurt consumer confidence in most of its markets.

     

  • Two new outlet projects to be developed

    Indianapolis -- Simon Property Group Tanger Factory Outlet Centers announced Wednesday a joint venture to develop two new upscale outlet centers in Charlotte, N.C., and Columbus, Ohio.

  • Aeropostale net income edges up in Q3

    New York -- Aeropostale reported Thursday that profit for the third quarter rose to $24.9 million, from $24.1 million last year.
     
    Sales increased 2% to $605.9 million, beating Wall Street’s expected $601.2 million. Same-store sales dipped 2%.

     

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