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Apparel

  • Skechers Q3 misses

    Skechers’ third quarter results came in below estimates as the company said it would continue to focus internationally for growth.   The Manhattan Beach, Calif.-based brand’s net income fell 2.2% to $65.1 million, or 42 cents per diluted share, which was below forecasts for diluted EPS of 47 cents. Skechers said its diluted EPS were negatively impacted by foreign currency translation and exchange losses.  

  • Department store retailer continues Canadian expansion

    Nordstrom has opened its second full-line store In Toronto. The department store retailer opened a three-level, 199,000-sq.-ft. store at Yorkdale Shopping Centre on Oct. 21. It is the company's second location in Toronto, with the first, at CF Toronto Eaton Centre, opening in September.

  • Target’s next limited edition collection to feature another big name

    Target Corp. is letting the cat out of the bag early with regards to its next limited edition apparel collection.   The retailer announced its limited-edition spring collaboration will be with popular designer Victoria Beckham. The collection will be available April 9, 2017, at all Target stores and Target.com, the collection. In addition, select pieces from the collection will be available for sale internationally via Victoriabeckham.com.  

  • Shoppers are most loyal to these brands

    Two online brands and an iconic American designer top a list of retail brands that command the most loyalty among consumers.   Amazon, Zappos and Ralph Lauren were the top loyalty leaders in the retail segment in the 20th annual  Brand Keys Loyalty Leaders List.  The ranking, which is 100% consumer-driven, examined 72 categories and 635 brands. Rounding out the top five in retail: Sephora and Trader Joe’s.     

  • Report: Smartphones drive overall m-commerce growth

    The role of smartphones in the evolution of mobile commerce has hit an epic status.   Mobile e-commerce, through both apps and browsers, jumped 60% in 2015 to reach $120 billion. More importantly, smartphones alone are generating $0.70 for every $1 made in mobile commerce, according to “Mobile Online Retail Payments 2016: Reinventing Shopping in a Mobile-First Era,” a report from Javelin.  

  • Specialty golf retailer bucks trend

    On the heels of Golfsmith and The Sports Authority declaring bankruptcy, PGA Tour Superstore is picking up momentum and opening stores.     The privately held chain recently acquired a Sports Authority location in Glendale, Arizona, which it will reopen under its own banner in January 2017. PGA Tour is also planning new stores in Hilton Head, South Carolina, and in Jacksonville, Florida, with both opening in 2017.  

  • Connecticut center gives Rouse a foothold in Northeast

    Until this week, Rouse Properties’ northeastern-most retail possession was The Centre at Salisbury in Maryland. But its purchase this week of an 115,000-sq.-ft. center outside of Hartford, Connecticut, gives the developer a footprint planted firmly in New England.  

  • Saks unveils new specialty store concept

    Saks Fifth Avenue has opened its first standalone store dedicated exclusively to footwear.  
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