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Apparel

  • Shopkick honored as most innovative technology startup

    Palo Alto, Calif. — Shopkick has been named by the World Economic Forum as one of the world’s most innovative technology startups for 2013. Shopkick is one of two mobile companies selected worldwide.

    Previously honored companies include Twitter, Dropbox, Wikipedia, Palantir, Bloom Energy and Google.

  • Alliance Data Systems extends agreement with Samuels Jewelers

    Dallas -- Alliance Data Systems Corp., a provider of loyalty and marketing solutions derived from transaction-rich data, announced its retail services business has signed a multi-year renewal agreement to continue managing the private-label credit card program for Samuels Jewelers, which operates 104 stores under several banners.

  • Private equity company Clayton, Dubilier & Rice to acquire David’s Bridal

    New York -- Private equity firm Clayton, Dubilier & Rice on Tuesday announced a definitive agreement to acquire the 300-store David’s Bridal in a deal that values the bridal dress retailer at $1.05 billion.
     
    Leonard Green & Partners will remain a minority partner. CD&R operating partner Paul Pressler, former CEO of Gap Inc. and former senior Disney executive, will assume the role of chairman at the close of the transaction, expected in the fourth quarter.
      

  • dELiA*s, Providence Place Mall, Providence, R.I.

    Teen apparel retailer Delia's has debuted a new prototype at Providence Place Mall, in Providence, R.I. The store has a stylish, youthful vibe that reflects its core customer. The design met objectives to increase floor and wall fixture capacity and reduce overall store size while maintaining brand identification.
     
    Shremshock Architects & Engineers, Westerville, Ohio, provided design, purchasing and construction management for Delia's store redesign in collaboration with Asset Strategies Group, also based in Westerville, Ohio.

  • Tiffany Q2 misses; cuts profit outlook

    New York -- Tiffany & Co.'s net income in the second quarter rose 2 % to $91.8 million, up from $90 million last year. But the performance missed Wall Street's expectations and the jewelry company cut its full-year guidance, citing the tough global economy and weakness in key markets such as New York and Asia.

  • The Finish Line names VP digital technology

    Indianapolis -- The Finish Line announced that Harvey Bierman has joined the company as VP digital technology.

    Bierman comes to Finish Line after seven years with Demandware, where he most recently served as senior director, global strategic solutions.

    “Harvey’s appointment is an important step toward driving long-term growth for Finish Line through aggressive expansion of our digital business,” said Chris Ladd, executive VP chief digital officer for Finish Line.
     

  • Carson’s store in Chicago suburb to close

    York, Pa. -- The Bon-Ton Stores Inc. said that it plans to close its Carson's store in the River Oaks Mall in Calumet City, Ill., when the lease expires in January. 

    The department store company said doesn't expect costs tied to the closing to be material.

    Bon Ton received the leasehold interests in the store as part of its Northern Department Store Group acquisition in 2006.
     

  • Rue 21 posts better-than-expected profit, but sales disappoint

    Warrendale, Pa. -- Rue 21 earned a better-than-expected $9.1 million for the quarter ended July 28, up from $7.7 million in the same quarter last year.

    Revenue rose 17% to $202.1 million, from $172.8 million. Same-store sales rose 0.5%, well below analyst expectations.

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