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Apparel

  • Dismal Q2 puts Abercrombie turnaround in question; to close more stores

    Abercrombie & Fitch Co.’s turnaround was called in to question on Tuesday as the chain posted a wider loss in its second quarter, hurt by a decline in tourist traffic at its flagship locations.     The teen apparel retailer also revealed that it expects to close up to 60 U.S. stores as their leases expire this fiscal year. On its quarterly conference call, company executives said the chain has flexibility to close even more stores, with about half of its U.S. leases expiring by the end of 2017, the Wall Street Journal reported.
  • End of the road for teen apparel retailer?

    Things are looking bleaker for bankrupt Aeropostale.   A bankruptcy court judge on late Monday rejected a request from Aeropostale to blame its bankruptcy on Sycamore Partners and block an offer from the private equity firm.   Sycamore Partners confirmed it submitted a bid for the chain after the judge issued the opinion. The amount of the bid is unknown, but it may have been $150 million, which is how much Aeropostale owes two affiliates of Sycamore, Aero Investors and MGF Sourcing Holdings.
  • Tanger hits the NASCAR track with car sponsorship

    Tanger Outlets is putting its pedal to the metal marketing-wise, signing on as lead sponsor of Martin Truex Jr.’s No. 78 NASCAR racer and his Furniture Row Racing Team.   The striking red-and-black Tanger Toyota will debut at the Federated Auto Parts 400 on September 10 at Richmond International Raceway in Virginia before motoring on through the 10-race Chase  playoff series.  
  • Nordstrom expands deal with specialty retailer

    Nordstrom shoppers will now be able to purchase J.Crew apparel, as well as its sister brand Madewell.   Continuing to expand its partnerships with select brands, the department store retailer has entered into a new deal with J. Crew Group to sell an edited assortment of J.Crew apparel at select full-line Nordstrom and on its website beginning Sept. 12.       The assortment, to be featured in 16 Nordstrom locations, will include women's apparel, accessories and petites (online only).
  • Report: Retailers should respond to needs of ‘silver’ shoppers

    Convenience stores stand to benefit the most from a greying population. That’s according to new report from Fung Global Retail & Technology which looks at the impact of the growing 65-and-over population on global economies, industries and retail.   
  • Busy September for off-pricer

    Saks Fifth Avenue Off 5th is opening three stores on Sept. 1, two north of the border.   The retailer is set to open its first-ever locations in Canada’s Alberta province, a 31,900-sq.-ft. store at South Edmonton Common, Edmonton, and a 30,000-sq.-ft. store at CrossIron Mills, Rocky View.   In addition, the off-pricer is opening a 23,000-sq.-ft. store at El Paseo Square, Palm Desert, California, also on Sept. 1.    
  • Retailers Need to Think Like Restaurants

    At the Converse Store on the Third Street Promenade in Santa Monica, “customization maestros” help sneaker fans manufacture their dream shoe.   
  • Combatant Gentlemen

    Online brand enters brick-and-mortar space with style

    Online menswear retailer Combatant Gentlemen has made the leap to brick-and-mortar with a sleek, streamlined space that speaks to its millennial audience.

    It opened its first permanent retail store in July, at Santa Monica Place, Santa Monica, Calif., having previously opened pop-up shops in New York City and Los Angeles, and a showroom at its headquarters in Irvine, Calif. At 2,220 sq.

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