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Apparel

  • What consumer app activity is on the rise?

    Consumers are increasing their use of apps for a specific purpose that should make retailers happy.

    According to a new survey of U.S. adults conducted by KRC Research for Verizon, 56% of consumers made a product purchase with a smartphone app in 2015. This figure includes 23% of smartphone owners who purchased a product with an app for the first time.

    By age group, 70% of millennials age 18-34 made a product purchase using an app in 2015, an 85% increase from 2014. This led 66% of Gen Xers and 39% of Baby Boomers who did so.

  • Bloomingdale’s to open second international store

    Macy’s announced that a Bloomingdale’s store will open in spring 2017 in Kuwait as part of the company’s strategic partnership with Al Tayer Group LLC.

    This will be Bloomingdale’s second international location (the first opened in Dubai in 2010) and ahead of Macy’s and Bloomingdale’s stores scheduled to open in Abu Dhabi in 2018 – all in partnership with Al Tayer.

  • Brickell City Centre announces 40 new tenants

    Swire Properties Inc, one of South Florida's leading international developers of urban real estate, along with retail co-developers Whitman Family Development and Simon Property Group, announced new tenants set to join Brickell City Centre's, a 500,000-sq.-ft- open-air shopping center under construction in the heart of Miami’s Brickell neighborhood.

  • Genesco sells Lids team sports division

    Genesco has sold a subsidiary that sells apparel and equipment to schools and youth sports programs to a larger Texas-based competitor.

    BSN SPORTS, a division of Varsity Brands and a direct marketer and distributor of sporting goods to the school and league markets, announced that it has acquired Lids Team Sports from the Lids Sports Group, a division of Genesco Inc.

  • Brookstone opens new concept store in Salt Lake City

    Travelers dashing through the Salt Lake City International airport in need of travel-friendly clothing and gear have a new oasis courtesy of Brookstone.

    The specialty retailer unveiled a new format, called Carry On, at the SLC Delta Terminal. The store offers the "best brands in travel gear,” according to the company.

  • Ascena Retail Group appoints a new SVP

    Ascena Retail Group has a new senior vice president to lead the company through its next phase of growth.

    The company announced that Duane Holloway has been named Senior Vice President and General Counsel, effective immediately. Holloway will serve on the company’s leadership team and report to David Jaffe, President and CEO. He will be responsible for overseeing all legal matters for the Company.

  • Chico’s sells Boston Proper

    Chico’s FAS has sold its Boston Proper women’s apparel business to a Los Angeles-based, consumer-focused private equity firm.

    Brentwood Associates, whose portfolio includes J. McLaughlin and Soft Surroundings, announced Tuesday it has acquired the women’s apparel brand. Terms of the agreement were not disclosed.

  • Ascena Retail Group appoints a new senior VP

    Ascena Retail Group has a new senior VP to lead the company through its next phase of growth.

    The company announced that Duane Holloway has been named senior VP and general counsel, effective immediately. Holloway will serve on the company’s leadership team and report to David Jaffe, president and CEO. He will be responsible for overseeing all legal matters for the Company.

  • Lackluster holiday sales prompt Tiffany to cut outlook, staff

    Tiffany & Co. says weak tourist spending and a strong dollar hurt its sales results for the two-month holiday period.

    The retailer said worldwide net sales declined 3% (due to declines in the Americas and Asia-Pacific offsetting growth in Japan and Europe) and same store sales declined 5%. There were no noteworthy differences in performance among jewelry categories, the company said. Reported in U.S. dollars, worldwide net sales of $961 million were 6% lower than the prior year.

  • Grossman continues to lead NRF Foundation efforts

    The good works of the NRF Foundation will continue another year under the leadership of HSNi CEO Mindy Grossman and be complemented by the insights of four newly elected board members.

    Ahead of the National Retail Federation’s annual convention in New York, the trade group’s non-profit arm said HSNi CEO Mindy Grossman would serve for another year as board chair and named four other retail industry executives to two-year board terms.

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