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Apparel

  • The Art of Social Gifting

    Retailers are always looking for new ways to reach customers, and the race to get onto Facebook walls and news feeds to increase brand exposure has never been greater.

    But instead of shelling out dollars to pay for traditional Facebook ads and online banners, many companies are allowing shoppers to do the grunt work for them in an organic way. One of the latest trends is combining social sharing with gift giving, so consumers can send presents — from gift cards to apparel — to others via Facebook.

  • Blackstone and DDR close $1.4 billion EDT acquisition

    Beachwood, Ohio -- Blackstone's flagship real estate fund and DDR Corp. announced Thursday hat a joint venture formed by the two entities has closed on the acquisition of a portfolio of 46 shopping centers previously owned by EPN Group.

    The joint venture has assumed approximately $635 million of senior non-recourse debt and has originated an additional $320 million non-recourse loan facility, which has a five-year term.

  • That was fast: Von Mauer outgrows e-commerce facility

    DAVENPORT, Iowa — Von Mauer may not be a household name in the retail world, but the Davenport, Iowa-based department store chain must be doing something right with its online business.

  • Von Maur to expand e-commerce fulfillment center

    Davenport, Iowa -- Department store retailer Von Maur said Thursday it has begun construction on an expansion of its e-commerce fulfillment center to support continued growth in its web presence.

    Projected for completion in October 2012, the expansion will add an additional 73,000 sq. ft. to the company's current 46,000-sq.-ft. center in Davenport, Iowa.

  • H&M Q2 profit beats on U.S. strength; on track to open 275 stores this year

    Stockholm, Sweden -- Hennes & Mauritz AB reported Wednesday that profit for the second quarter rose 23% to $750 million, beating Wall Street estimates and marking the strongest profit increase in seven quarters for Europe’s second-largest apparel retailer.

    H&M had announced on June 15 that sales for the quarter rose 15% to $4.5 billion, beating estimates and boosted by sales strength in the United States.
     

  • STEIN MART

    JACKSONVILLE, Fla. — Stein Mart shareholders have re-elected the following people to the company's board of directors:

    Jay Stein, Ralph Alexander, Alvin R. Carpenter, Irwin Cohen, Susan Falk, Linda M. Farthing, Mitchell W. Legler, Robert L. Mettler, Richard L. Sisisky, Martin E. Stein, Jr. and John H. Williams, Jr. Each will serve one year terms

  • Children’s Place COO departs

    Secaucus, N.J. -- The Children’s Place announced that Eric Bauer left the company, effective June 19, 2012. President and CEO Jane Elfers will resume oversight of retailer’s supply chain, store operations, finance, information technology and real estate functions.

    Elfers said: “We thank Eric for his contributions and wish him well in his future endeavors.”
     

  • Kohl's goes high fashion with designer partnerships

    MENOMONEE FALLS, Wis. — Kohl’s Department Stores is boosting its high-fashion image with the launch of a new, limited-edition collection concept called DesigNation featuring fashions from different premier designeres.  Narcisco Rodriguez will be the first designer featured in the series. The collection will include pieces inspired by Rodriguez’s trip to Istanbul, Turkey earlier this year and will be available exclusively at Kohl’s and Kohls.com beginning in early-November 2012.

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