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Apparel

  • GE Capital renews private label card program with J.C. Penney

    Stamford, Conn. -- GE Capital Retail Bank, a consumer lending unit of General Electric Company (GE), has renewed its private label credit card program with J.C. Penney Co.

    The JCP consumer card program provides credit to millions of consumers who shop at more than 1,100 J.C. Penney stores in communities across the United States and Puerto Rico, as well as online at JCP.com.

  • Claire's nabs Sam's chief merchant to head North America division

    CHICAGO — Former Sam's Club exec, Linda Hefner Filler, has joined Claire’s Stores, as North America president, effective March 1. She will report to Jim Fielding, CEO.

    In her role as resident, Hefner Filler will be responsible for all operational and strategic initiatives for the Claire’s business in the approximately 1,500 Claire’s stores in the United States, Canada, Puerto Rico and the Virgin Islands.

  • Wet Seal operations head resigns

    Foothill Ranch, Calif. — The Wet Seal announced that Barbara Cook, SVP store operations, has resigned from the company to accept a new professional opportunity. Cook will remain with the company until Feb. 20 to assist with transition of her responsibilities.

    John Goodman, CEO of The Wet Seal, Inc., commented: “We thank Barbara for her service to the company since joining us in late 2011 and wish her all the best in her new role.”

     

  • NY & Co creates capsule collection with Eva Mendes

    NEW YORK — New York & Company and actress Eva Mendes announced that they have signed a multi-year agreement to collaborate and create a co-branded seasonal capsule collection available at New York & Company (NY&C) stores nationwide and online beginning fall '13. Additional terms of the deal were not disclosed. The to-be-named label will feature apparel and accessory items inspired by Mendes' own personal style and red carpet looks.

  • Michael Kors profit dips in Q3; nearly doubles full-year forecast

    New York -- Michael Kors Holdings Ltd. reported Tuesday that profit for the quarter ended Dec. 29 decreased to $636.8 million, compared with $373.6 million in the year-ago period.

    However, the designer and retailer forecasted fiscal 2013 profit at more than double its year-earlier performance.   

    Revenue surged 70% in the third quarter, fueled by strength in the accessories category, and the company predicts that fiscal 2013 sales will leap 62%.
     

  • A&G Realty to manage Bakers Footwear liquidation

    New York -- A&G Realty Partners said Tuesday it has been retained by Bakers Footwear Group Inc. to handle the liquidation of its remaining 56 mall stores.

    According to A&G, an auction for the store leases is slated for Feb. 18, with a deadline to submit bids to A&G Realty by Feb. 21.

  • Market Track: January 2013

    The year started on a positive note with increases in both number of flyers and pages released to market. More than half of the retailers (56%) maintained previous levels or showed an increase in size of their circulars in January 2013. In addition, the number of inserts per market also showed an increase with almost half (44%) of the advertisers showing a rise in flyer drops for this month. Overall, the number of pages increased slightly (+3.1%), and the number of flyers rose (+8.4%) compared to last year.

  • Amazon, QVC, Apple lead in mobile satisfaction; Target among most improved

    Ann Arbor, Mich. -- Amazon has extended its domination of e-retail into the mobile platform, according to the ForeSee Mobile Satisfaction Index: Holiday Retail Edition, released on Tuesday by ForeSee.

    In a survey of more than 6,200 consumers collected during the peak holiday shopping season between Thanksgiving and Christmas, Amazon scored highest among 25 of the top mobile commerce companies.

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