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Department Store

  • Kohl's adds Elle line to cause merchandise

    MENOMONEE FALLS, Wis. — Kohl’s Department Stores has partnered with Elle magazine to offer a new line of apparel and accessories designed to raise money and awareness for the fight against breast cancer.

  • Cotton On to make South Jersey debut

    Moorestown, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Australian fashion retailer Cotton On will open its first South Jersey location at Moorestown Mall this fall.

    The 3,500-sq.-ft. store joins a recently opened Kids Foot Locker; Crazy 8 is scheduled to join the mall this fall.

    Moorestown Mall is a 1 million-sq.-ft. enclosed regional shopping mall anchored by Macy’s, Lord & Taylor, Sears and Boscov’s.

  • Ralph Lauren Q1 income up 5%; raises caution on Q2 sales

    New York -- Ralph Lauren Corp. said that its net income rose 5% in its first quarter, but the company forecast a revenue decline in the current quarter and sounded a note of caution about the weak global economy hurting consumer spending.

    "The outlook for consumer spending and global economic growth remains challenging and we are planning our business accordingly," said CEO Roger Farah.

    Net income from April through June was $193.4 million, up from $184.1 million a year ago.

  • Esprit names group CEO

    Hong Kong -- Esprit Holdings Limited said Tuesday it has named Jose Manuel Martínez Gutiérrez as its new group CEO and executive director, effective September.

    Martinez was previously group director of distribution and operations for Inditex. Prior to that, he was the country manager for the Zara brand across Scandinavia.

    He succeeds Ronald Van Der Vis.

  • Kardashians look for more branding with Sears eyewear line

    LOS ANGELES — The Kardashian sisters (Kim, Kourtney and Khloé) have expanded their retail empire with the addition of eyewear to their collection at Sears. Manufactured by Jupi Corp and Inspecs USA, the Kardashian Kollection Eyewear hit stores in July.

  • Sycamore completes acquisition of Talbots; appoints former Vitamin Shoppe executive as CEO

    Hingham, Mass. -- Private equity firm Sycamore Partners, which has wrapped up its $391 million acquisition of The Talbots, appointed Michael Archbold, formerly president and COO of Vitamin Shoppe, as CEO and CFO of Talbots. Archbold, who also served as executive VP and CFO of Saks Fifth Avenue, replaces Trudy Sullivan, who resigned from the CEO’s job after Sycamore completed its acquisition of Talbots late last week.

  • Survey: Most parents spend up to $500/child on back-to-school

    Austin, Texas -- A survey released Tuesday by coupon site RetailMeNot.com found that nearly 80% of parents spend up to $500 per child for back-to-school shopping.

    Additionally, the survey – which was conducted with Ipsos Public Affairs – found that the majority of parents get the jump on the school year by starting their shopping in July and August (54%) versus after the school year begins.

    A significant number of parents, 29%, find the back-to-school shopping experience to be either annoying or stressful.

  • Espirit names new Group CEO

    HONG KONG — Esprit Holdings Limited has appointed Jose Manuel Martínez Gutiérrez as its new Group CEO and executive director, effective on or before the end of September.

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