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Apparel

  • Jones Group Q2 net income falls on acquisition expense, beats Street

    New York City -- The Jones Group reported Wednesday that second-quarter earnings dropped almost 80% to $5.2 million, compared with $25.7 million in the year-ago period. The retailer and manufacturer, whose brands include Nine West and Anne Klein, cited expenses related to the acquisition of U.K. luxury footwear retailer Kurt Geiger for the poor earnings performance but results still exceeded Wall Street estimates.

    Revenue for the quarter increased 3% to $887.4 million, just edging analysts’ expected $887.2 million.

  • Tommy Hilfiger names former Gap Asia Pacific president as its new Asia chief

    Amsterdam -- The Tommy Hilfiger Group said Wednesday it has named John Ermatinger as CEO of the company's Asia business, effective Aug. 1.

    Ermatinger was previously president of Gap Asia Pacific for two years and president of Gap Japan for three years. Under his leadership, Gap successfully launched the brand in China.

  • Former Limited exec hired by Sears Canada

    Toronto -- Sears Canada, a subsidiary of Sears Holdings Corp., said Monday it has hired former Limited Brands online executive VP Steven Goldsmith as its executive VP merchandising, apparel and accessories.

    The move comes after the resignation of Sears Canada CEO Dene Rogers and subsequent replacement by former Loblaw Cos. executive Calvin McDonald.

  • Casual Male DXL implements AccessVia for in-store signage

    Seattle -- AccessVia announced Tuesday that Casual Male DXL is printing color shelf-edge product signs using AccessVia Web dSignShop.

    Signs are printed in the store on an as-needed basis, allowing the retailer to produce full-color sign designs immediately on-site.

  • Macy’s program looks a lot like another retailer’s

    Here’s a good idea for retailers looking to bring a sense of newness and a treasure hunt atmosphere to stores. Sign exclusive agreements with known and emerging designers or upscale brands during limited duration merchandising events as a means to achieve differentiation. Sound familiar?

    Target pursued this concept more than a decade ago with general merchandise and earlier this year observed the 5th anniversary of the Go International designer program with a collection of products from past designers.

  • And the best positioned retailer for BTS is …

    Target and Macy’s get the nod from Citigroup retail analyst Deb Weinswig as top picks to fare well this back-to-school season. In contrast to last week’s NRF survey, which forecasts a slight decline in spending, Weinswig is of the opinion that this year broadline and drug retailers will have their strongest seasonal performance since 2006 thanks to new fashion trends, a favorable weather outlook, inflation and high-end consumer demand.

  • NRF survey throws wet blanket on seasonal sales

    If consumers can be trusted to accurately describe their spending intentions well in advance of when they actually incur expenses then this year’s back-to-school season will be weaker than last year’s. The National Retail Federation’s annual BTS survey got a lot of attention when it was released last week because consumer data compiled by the trade group forecast a decline in spending.

  • Casual Male opens Destination XL in Phoenix, on track to open 100 new stores

    Canton, Mass. -- Casual Male Retail Group said Monday it has opened a new, 12,663-sq.-ft. Destination XL in Phoenix, which joins five locations in Georgia, Illinois, Texas, Nevada and Tennessee.

    The company said it plans to open up to 13 DXL stores during the balance of 2011, another 20-30 stores during 2012 and approximately 100 stores over a four to five year period.

    Casual Male also said it is preparing to launch a DXL website, with a multi-channel solution similar to the DXL store experience. 

  • GGP rolls out back-to-school programs in shopping centers

    Chicago-based General Growth Properties is kicking off back-to-school shopping with two promotional programs – Shop til You Rock and Family Recess.

    Shop Til You Rock, a music-inspired mall tour that empowers teens to look and feel like rock stars, is back for its second year. Teens are invited to watch live performances by some of today’s hottest bands, participate in exclusive activities and take advantage of special mall offers, prizes and sweepstakes, including a chance to win valuable shopping sprees and a gaming system.

  • Post-Recession Leasing Could Prove Challenging for Discounters

    By Michael Havdala, [email protected]

    When the Circuit City and Linens N’ Things spaces began to go dark in 2008, many landlords wondered who would step up to take their places. These concerns only deepened as the economic downturn cast doubt over retail leasing prospects.

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