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Apparel

  • China, U.S., U.K. top e-commerce opportunity study

    New York -- China takes the top spot in online retail market opportunity, followed by Japan, the United States, the United Kingdom, and Korea, according to a new global e-commerce study by A.T. Kearney. (Kearney’s “2013 Global Retail E-Commerce Index” is comprised of 30 developed and developing markets.)

  • SL Green buys out prime lease at 650 Fifth Avenue

    New York — SL Green Realty Corp. and partner Jeff Sutton have entered into an agreement to buy out the lease of retailers Juicy Couture at 650 Fifth Avenue. The transaction will enable the leasehold owners to combine Juicy Couture’s existing basement, grade-level and second floor retail space with additional vacant space on the third floor and accelerate the partnership’s ability to reposition the building’s premier retail corner location.

  • Stein Mart rides sales momentum in third quarter

    Continued sales momentum at Stein Mart helped drive the company’s third quarter results, which saw both net and same-store increases.

    The company reported net income for the quarter of $28 thousand compared to a net loss of $1.7 million in 2012.

    "Our earnings continue to improve as a result of our continued sales momentum," said CEO Jay Stein. "We have been very focused on refining our brands, pricing and sales execution and the improvements are evident in our results."

  • Survey: Dec. 21 to be biggest shopping day for jewelry and luxury

    New York -- MasterCard Advisor’s latest MasterCard Spending Pulse survey found that there are some product categories that won’t see the biggest spending uptick on Black Friday and Cyber Monday.

    The monthly SpendingPulse report anticipates that the biggest shopping day of the season for jewelry and luxury retailers will be Dec. 21 – the last Saturday before Christmas, which is becoming commonly known as “Super Saturday.”

  • Gap's Q3 profit rises 9.4%; OKs $1 billion share repurchase authorization

    San Francisco -- Gap Inc. reported a 9.4% increase in third-quarter profit as the retailer's turnaround continues. The company also reaffirmed its full-year profit guidance and said it is increasing its stock buyback authorization by $1 billion.

    The chain posted net income of $337 million in the three-month period ended Nov. 2, compared with $308 million last year.

  • Tanger Outlets National Harbor grand opening

    Greensboro, N.C. — Tanger Outlets National Harbor will celebrate its grand opening on Nov. 22. The outlet store line up includes: White House | Black Market, Calvin Klein, Gap, Halston Heritage, American Eagle Outfitters, Tommy Hilfiger, Banana Republic, Theory, Elie Tahari, Brooks Brothers, Aeropostale, Coach, Hugo Boss, J. Crew, Peter Millar, Diane von Furstenberg, Le Creuset and more.

    The 340,000-sq. ft. center is located just minutes from the U.S. Capital.

  • La Perle Spa and Salon takes Rutgers Plaza space

    Franklin Township, N.J. — La Perle Spa and Salon has leased 1,802 sq. ft. at Rutgers Plaza in Franklin Township, N.J., according to Levin Management, the exclusive leasing and managing agent for the 266,650-sq. -ft. center.

    Co-anchored by a 74,000-sq.-ft. Stop & shop and a 98,684-sq.-ft. Kmart, Rutgers Plaza tenants include Office Depot, Dollar Tree, RadioShack, GameStop, Dressbarn, Chase Bank, Plaza Cleaners, Anthony’s Pizza, Venus Jewelers and Burger King.

  • Jared leases three stores in Texas

    Dallas — Jared, The Galleria of Jewelry, has signed leases for new locations in Lubbock, Corpus Christi and Midland, Texas, according to Venture Commercial Real Estate, which represented Jared in the transactions. All locations are under construction and expected to open soon.

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