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Apparel

  • Urban Outfitters names CEO for namesake brand

    Philadelphia -- Urban Outfitters Inc. has appointed a former executive as CEO of its namesake brand. The company named Tedford Marlow as head of the Urban Outfitters Group, effective Feb. 6. Marlow he retired from the chain in 2010, after spending nine years as president of the Urban Outfitters brand.

    The announcement came almost a month after Richard Hayne, the company's chairman and president, succeeded CEO Glen Senk, who resigned. Hayne co-founded the company in 1970.
     

  • Coldwater Creek names new COO

    Sandpoint, Idaho -- Coldwater Creek Inc. has promoted Jim Bell to the newly created position of executive VP and COO. He will oversee the retailer's information technology systems, real estate, distribution and logistics, planning and allocation, and finance.

    Bell is currently the company's chief financial officer, and will continue to fill that role in his new job, the company said Thursday.
     

  • Esprit to shutter all North American stores

    Hong Kong -- Esprit Holdings said Thursday that it will close all 93 of its stores in North America, after abandoning previously announced plans to sell off the business or find a licensed operator to run the stores.

    However, according to an emailed statement by Patrick Lau, head of investor relations and mergers and acquisitions, Esprit plans to find one or more license partners to maintain the brand’s presence in North America.

  • Zale appoints senior VP financial products

    Dallas -- Zale Corp. announced that Ken Brumfield has been appointed senior VP financial products. In this role, he will be responsible for all customer financing, warranty, insurance and repair product offerings.

  • Limited shines in January

    New York City -- The nation’s apparel retailers reported mixed results for January as shoppers remain cautious about spending in the uncertain economy.

    “It was as tough month as retailers battled holiday hangover, lack of incentive to shop and mild winter that killed outerwear clearance," said Ken Perkins, president of RetailMetrics Inc., in a Reuters report.

    As the first month of the year, January accounts for only 20% November-January sales, and 7% of annual sales, according to RetailMetrics.

  • Ann Inc. names new president for Ann Taylor division amid slumping sales

    New York City -- Ann Inc. said that the president of its Ann Taylor brand, Christine Beauchamp, is leaving to pursue other opportunities. She will be replaced by Brian Lynch, who had been president of the Ann Taylor Factory and Loft Outlet divisions and led the website sales for those brands.

    The news came as the chain cut its revenue prediction for the quarter that ended in January to a level below analyst expectations, citing slumping sales at its Ann Taylor stores. 

  • Discounters post solid results for January; Macy’s misses estimates

    New York City -- The nation’s discount chains reported solid results for January, with Target Corp., TJX Cos., and Costco Wholesale Corp. all reporting gains above expectations. Overall, discounters reported stronger results than department stores, which appeared to take a greater hit due to the unseasonably warm weather and heavy promotions.

    As the first month of the year, January accounts for only 20% Nov.-Jan. sales, and 7% of annual sales, according to RetailMetrics.

  • Fred Meyer jewelry division goes mobile

    PORTLAND, Ore. — Fred Meyer's jewelry retail subsidiaries, Fred Meyer Jewelers and Littman Jewelers, which make up the third-largest fine jewelry retailer in the United States, have announced the launch of the Fredmeyerjewelers.com and Littmanjewelers.com mobile websites, optimized for mobile devices including iPhone and Android smartphones.

  • United Retail files bankruptcy, to sell company

    Rochelle Park, N.J. -- A Wednesday report by Bloomberg said that United Retail Group Inc., parent to plus-size retailer The Avenue, has filed for Chapter 11 bankruptcy protection. The retailer cited disproportionately high leasing costs for the move and also announced plans to sell the company.

    According to Bloomberg, an affiliate of Philadelphia-based private equity firm Versa Capital Management will serve as the stalking-horse bidder in a court-supervised auction.

  • Dillard’s to enhance web presence with strategic investment

    Little Rock, Ark. -- Dillard’s said Wednesday it has made a strategic investment in e-commerce company Acumen Brands in a move toward enhancing the department store retailer’s website dillards.com, as well as Acumen’s 12 e-commerce sites.

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