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Apparel

  • SWAT team ends hostage drama at Nordstrom Rack in Los Angeles

    New York -- Two armed men invaded a Nordstrom Rack in Los Angeles on Thursday night and took 14 employees captive, sexually assaulting one, injuring three others and locking the detainees in a storage room for hours, the Los Angeles Times reported.

    The hours-long hostage drama ended early Friday with a police SWAT team surging into the shop and rescuing 14 workers. The armed men escaped.

  • Online sales boost Urban’s outlook

    PHILADELPHIA — Urban Outfitters Inc. said its same-stores sales for the holiday season rose 9%, including its direct-to-consumer business. Excluding that unit, same-store sales fell 1%.

    Total company net sales for November and December increased 15% to $666 million.

    Among Urban Outfitters’ brands, comparable sales increased 33% at Free People, 10% at Urban Outfitters and 5% at Anthropologie. Direct-to-consumer net sales increased by 38% for the period and wholesale segment net sales increased 21%.

  • Levi’s, New York City

    Levi’s latest New York City location, in SoHo, has a rustic feel, enhanced by the use of wood and other materials. Designed by MBH Architects, the 12,683-sq. ft. store features tent-like dressing rooms and lighting fixtures made of rope. The "fit bar" is a table made of natural wood logs.

     

  • Holiday sales soft for some parts of Ascena

    SUFFERN, N.Y. — Ascena Retail Group reported a lower than expected 2% decline in same store sales at physical stores for the November and December holiday period, but managed a 30% increase in online sales.

    Combined comparable store and e-commerce sales for the holiday period ended December 29, 2012 increased 1%, prompting Ascena to lower earnings per share guidance for its current fiscal year ending July 27.

  • Uniqlo parent records 17% leap in Q1 profit

    New York -- Fast Retailing Co., parent to the Uniqlo chain, reported Thursday that net income for the fiscal first quarter jumped 17% to $644.3 million, boosted by strong same-store sales at Japan Uniqlo units.

    On Wednesday, the company announced that Uniqlo will continue its U.S. expansion strategy by opening two new mall locations in New York.

    The company has raised its annual profit forecast.

     

  • CBL acquires interest in Kirkwood Mall

    Bismarck, N.D. -- Chattanooga, Tenn.-based CBL & Associates Properties announced Thursday that it plans to acquire Kirkwood Mall, located in Bismarck, N.D., from Radiant Partners.

  • Urban Outfitters reports holiday sales

    Philadelphia -- Urban Outfitters Inc.  said Thursday its same-stores sales for the holiday season rose 9%, including its direct-to-consumer business. Excluding that unit, same-store sales fell 1%.

    Total company net sales for November and December increased 15% to $666 million.

    Among Urban Outfitters’ brands, comparable sales increased 33% at Free People, 10% at Urban Outfitters and 5% at Anthropologie. Direct-to-consumer net sales increased by 38% for the period and wholesale segment net sales increased 21%.

  • Destination Maternity opens first Canada location

    Philadelphia -- Destination Maternity Corp. said it is opening its first Destination Maternity store in Canada on Thursday in Calgary, Alberta, at the Kingsland Village retail development.

    The store will debut its A Pea in the Pod brand in Canada.

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