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  • MSLO names head of e-commerce

    NEW YORK — Martha Stewart Living Omnimedia has appointed Michael Robinson to the newly created position of VP e-commerce. Robinson brings retail, direct-to-consumer and digital experience working with popular brands such as Anthropologie, Smith & Hawken Ltd., and Banana Republic Inc., and will be responsible for building out the company's e-commerce presence, including the site the company is jointly developing with JCPenney, which is slated to launch in 2013.  He is reporting to Lisa Gersh, president and COO of MSLO.

  • Ascena completes Charming Shoppes tender offer

    Suffern, N.Y. -- Ascena Retail Group Inc. announced it has successfully completed its tender offer for Charming Shoppes Inc.'s outstanding shares.

    Ascena announced in May it that was buying Charming Shoppes, whose banners include Lane Bryant, Fashion Bug,  and Catherines Plus Sizes, for about $890 million.

    Charming Shoppes will become an Ascena subsidiary and will stop trading on the Nasdaq and Chicago Stock Exchange once the transaction is complete. Ascena’s retail subsidiaries include Dressbarn, Maurices and Justice.

  • Study ranks Macy’s, Sephora and Michael Kors as Facebook ‘geniuses’

    New York  -- Macy’s, Sephora, Michael Kors and Lancome were ranked as Facebook “geniuses” in the second annual L2 Facebook IQ Index, developed in partnership with Buddy Media, a social enterprise software firm.

  • Michael Kors beats expectations amid store expansion and rising demand

    New York -- Michael Kors Holdings Ltd. said Tuesday that its fiscal fourth-quarter net income more than tripled as the company opened new stores and demand grew for its fashions and accessories.

    For the three months through March 31, Michael Kors earned $43.6 million, up from $13.6 million in the same quarter last year.

    Revenue rose 58% to $380 million, from $240 million. Same-store sales jumped 36%.

    Michael Kors opened 71 stores this year, bringing its store count to 237. Retail sales rose 80% to $172.2 million.

  • J.Crew expanding to Asia via partnership with Lane Crawford

    New York -- J.Crew Group is expanding into Asia through a partnership with Hong Kong- based specialty store operator Lane Crawford.

    Beginning in October, a curated selection of the J.Crew autumn/winter 2012 women's ready-to-wear and shoes, men's apparel and accessory collections will be available at select Lane Crawford stores in Hong Kong and China. It is the first time J.Crew goods will be featured in a retail environment outside of North America.

  • Brazil is top developing economy for retail expansion

    New York -- A report released Monday by A.T. Kearney showed that Brazil once again first among developing countries for global retail expansion.

    A.T. Kearney’s Global Consumer Institute’s 2012 Global Retail Development Index ranks the top 30 developing countries for global retail expansion.

  • Martha Stewart revs e-commerce presence with former Anthropologie exec

    New York -- Martha Stewart Living Omnimedia said Monday it has named Michael Robinson to the newly created position of VP e-commerce.

    Robinson was most recently Anthropologie’s head of e-commerce for Europe and United Kingdom, and was responsible for launching the Anthropologie catalog and website in 1998, as well as introducing the retailer’s loyalty card program.

    He has also held managerial and planning positions with Banana Republic and Smith & Hawken.

  • Claire's Stores COO resigns company

    Chicago -- Claire's Stores announced Monday that its COO James G. Conroy has departed the company, effective immediately.

    Conroy's duties will be assumed by newly appointed CEO James D. Fielding, who will officially join Claire’s on June 18. Fielding had been president of Disney Stores Worldwide since May 2008.
     

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