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Kohl’s in partnership with designer Narciso Rodriguez
Menomonee Falls, Wis. -- Kohl’s Department Stores has scored a big coup. The chain announced that Narciso Rodriguez will be the first designer for the retailer’s new limited-edition collection concept called DesigNation, which will feature fashions based on international inspiration from different premier designers.
The launch DesigNation collection will draw creative influence from Rodriguez’s trip to Istanbul, Turkey, earlier this year. It will be available exclusively at Kohl’s and Kohls.com beginning in early November.
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Alliance Data to buy Bon-Ton’s credit card portfolio
Dallas -- Alliance Data Systems has agreed to acquire The Bon-Ton Stores’ private-label credit card portfolio worth $475 million.
Financial terms of the deal were not disclosed.
Alliance Data, which provides private-label credit card services to retailers, will also manage the retailer's private-label credit card program.
Bon-Ton Stores, Inc., operates 272 stores in 23 states across the Northeast, Midwest, and upper Great Plains, under a variety of banners.