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Apparel

  • Destination XL Group swings to loss in Q2, revises guidance

    Canton, Mass. -- Big and tall men’s apparel retailer Destination XL Group recorded a $1.6 million loss in the second quarter, compared with a profit of  $1.2 million in the year-ago period.  Sales dipped 3% to $97.6 million from $100.5 million, and same-store sales rose 6.9%.

  • Foot Locker Q2 up 12%

    New York -- Foot Locker's second-quarter net income increased 12%, partly due to a recent acquisition. (In July, the retailer completed its purchase of German athletic store chain Runners Point Group for $94 million.)

    For the period ended Aug. 3, the company earned $66 million, compared to $59 million a year ago. Its results were in line with expectations.

    Revenue rose 6.4% to $1.45 billion from $1.37 billion, in line with expectations. Same-store sales rose 1.8%.

  • Phase one of center court redevelopment completed in July; More to come

    Honolulu — With 42 million visitors per year, the two million-sq.-ft. Ala Moana Center in Honolulu boasts sales per square foot of $1,300. At the beginning of the year, owner General Growth Properties began a massive $572 million redevelopment of Ala Moana — the world’s largest open-air shopping mall. The goal is to add 650,000 sq. ft. of new retail space.

  • Tommy Hilfiger celebrates partnership with Autism Society San Diego

    NEW YORK — The Tommy Hilfiger Group enlisted actor Josh Bowman and professional surfers Kalani Robb, C.J. Kanuha and Alek Parker to participate in Autism Society San Diego's annual summer surf camp.

    In June, Josh Bowman and Kalani Robb, along with Gary Sheinbaum, CEO, Tommy Hilfiger North America and InStyle Magazine fashion director Cindy Weber-Cleary, co-hosted the opening event for the newest Tommy Hilfiger store opening in San Diego’s Fashion Valley Mall, benefitting the Autism Society San Diego.

  • Ohio Valley Mall announces three new tenants

    Youngstown, Ohio — Ohio Valley Mall in St. Clairsville, Ohio, has leased space to three new retailers: Panda, Boscov’s and The Children’s Place.

    Panda will arrive in November with its Asian fusion menu, taking 1,500 sq. ft. Boscov’s department store will open its doors in October. So will The Children’s Place, which has leased 4,000 sq. ft.

    The recently renovated Ohio Valley Mall is owned and managed in association with Cafaro affiliated companies.

     

  • Softer-than-expected Q2 comp-store sales for Hibbett

    BIRMINGHAM, Ala. — Hibbett Sports reported a weaker-than-expected comparable-store sales increase of 0.3% for the second quarter ended Aug. 3, compared to a 4.8% increase in the prior-year period.

    Last year's second quarter benefited from the extra week in the fiscal calendar which resulted in approximately $12 million of sales.

  • Divaris inks two leases in Westfield Eastridge Mall

    Charlotte, N.C. — Divaris Real Estate has arranged two leases totaling approximately 9,000 sq. ft. of retail space at the Westfield Eastridge Mall in Gastonia, N.C. Divaris represented the landlord, WEA Eastridge LP.

    Los Arcos, a family owned Mexican restaurant, leased a 6,183-sq.-ft. outparcel building. Creations, a gift card shop, renewed its lease for 2,669 sq. ft.

    Belk, J.C. Penney, Sears and Dillard’s anchor the mall, which is leased exclusively by Divaris.

     

  • JLL takes on five new retail assignments

    Chicago — Jones Lang LaSalle Retail has announces five new retail assignments. They are:

    • Tenant representation services for Pure Barre, a growing fitness franchise.

    • Leasing and management for the 802,275-sq.-ft. Coventry mall in Pennsylvania.

    • Leasing assignment for an 11-building 817,000-sq.-ft. portfolio of strip centers in SoCal.

    • Leasing for a 12-building, 165,100-sq.-ft. portfolio of street-level retail space in New York City on behalf of Equity Residential Management.

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