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Apparel

  • Aerosoles names retail footwear veteran as its new chief

    Edison, N.J. -- Aerosoles has appointed a retail and footwear veteran with more than two decades of experience as CEO.

    The company named retail and footwear industry veteran executive R. Shawn Neville as CEO, effective Sept. 8. He takes over from interim CEO Caryn Lerner, operating partner of Palladin Consumer Retail Partners, which acquired privately owned Aerosoles in June 2014.

  • European fast-fashion retailer opens DC on eve of U.S. expansion

    New York -- An Irish fast-fashion leader is getting ready to make its U.S. debut.

    Primark, known for its value prices and on-trend fashions for the entire family, leased a 677,000-sq.-ft. distribution center to support its entry into the United States.

  • L.L. Bean’s grandson dies; turned Maine cataloger into global player

    Freeport, Maine -- The man who turned a folksy Maine mail-order outlet into a global billion dollar-plus multichannel business has died.

  • Gap has one bright spot in August

    San Francisco -- Gap Inc.’s sales slump continued in August across all its brands with one notable exception. The retailer said that it wasn’t helped by a late Labor Day, with the holiday falling in September this year, as opposed to August last year.

    Gap's global same-store sales fell 8%, compared to a 6% decrease for the year prior, while Banana Republic had a 11% drop compared to 6% last year. Old Navy continued its winning streak, with a same-store sales rose 6% on top of a 2% increase for the prior year.

  • And the one bright spot at Gap Inc. is ...

    Gap Inc.’s sales slump continued in August across all its brands with one notable exception.

  • The Shops at Metropolis under new ownership

    Plainfield, Ind. -- Mid-America Real Estate Group announced that its corporate investment sales team recently brokered the sale of The Shops at Metropolis located in Plainfield, Indiana. Chicago-based Core Equities purchased the 131,195-sq.-ft. center anchored by Burlington Coat Factory and The Room Place.

    Joe Girardi and Rick Drogosz of Mid-America Real Estate Corporation were the brokers in the transaction on behalf of Dallas-based Tabani Group.

  • IBM: Consumers mobilize for back-to-school

    Armonk, N.Y. – Consumers are mobilizing for back-to-school shopping in a very literal way.

    Mobile sales were up nearly 42% in August, reaching 25.3% of all online sales, according to IBM Digital Analytics Benchmark data.

    During this time, consumers also used their mobile devices to browse deals, with traffic accounting for 49.4% of all online traffic, up more than 19% compared to the same period year.

  • Primark makes fast fashion move in Northeast

    Leading European apparel retailer Primark is so confident its brand of fast fashion will appeal to American shoppers it has leased a 677,000-sq.-ft. distribution center to support its new stores opening this month.

    The first Primark store opens on Sept. 10 in Boston and will be followed by a second opening in November at the King of Prussia mall in Philadelphia. Six additional openings are planned before year end in Burlington and Braintree, Mass., Danbury, Conn., Freehold, N.J., Willow Grove, Pa. and Staten Island.

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