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  • Lululemon net income dips

    Vancouver, B.C. – Lululemon Athletica Inc. reported a slight drop in net income during second quarter 2013.

    Net income dipped about 1% to $56.45 million, from $57.7 million.

    Net revenue grew 22% to $344.5 million from $282.6 million, and same-store sales increased 8%.

  • David Yurman opens boutique in Troy, Mich.

    New York – David Yurman opens a new boutique at The Somerset Collection in Troy, Mich., today. Architectural firm Gabellini Sheppard Associates designed the 1,506-sq.-ft. location.

    "As an American brand, we're proud to make a home for ourselves here in the Detroit Metro area." says David Yurman president Carol Pennelli. "Our partnership with Somerset Collection allows us to provide the luxury retail experience that is signature to David Yurman. We're thrilled to be in such extraordinary company."

     

  • Online fashion subscription retailer JustFab opens its first store

    El Segundo, Calif. -- JustFab, the online fashion subscription retailer, has opened a 3,000-sq.-ft. flagship at the Glendale Galleria, Glendale, Calif. It is the company’s first physical store.

    “We have created the global leader in fashion subscription in just three short years and will now bring our customized shopping experience into physical stores to enable customers to touch and feel our products," said co-CEO Don Dom Ressler.

  • Dick’s Sporting Goods to Oakwood Center in Gretna, La.

    Pittsburgh — Dick’s Sporting Goods has announced the grand opening weekend of its new location in Oakwood Center in Gretna, La., beginning Sept. 13.

    The Gretna location will be the retailer’s fifth store in Louisiana and its 530th nationwide.

     

  • Lululemon moves on from sheer yoga pants setback

    Lululemon Athletica seems to be putting the recall of its see-through yoga pants earlier this year behind it. The company reported net revenue of $344.5 million for the second quarter ended Aug. 4, a 22% increase from $282.6 million in the prior-year quarter. Comparable stores sales for the quarter increased by 8%.

  • JustFab opens its first store

    Online fashion subscription retailer JustFab has opened a 3,000-sq.-ft. flagship at the Glendale Galleria, Glendale, Calif. It is the company’s first physical store.

    “We have created the global leader in fashion subscription in just three short years and will now bring our customized shopping experience into physical stores to enable customers to touch and feel our products," said co-CEO Don Dom Ressler.

  • Papyrus parent company opens second Niquead.D location

    New York -- Schurman Retail Group, owners of Papyrus North America, announced the opening of the first Niquead.D flagship in New York City. It is the brand’s second location to date, with the first opening in December 2012 in Danville, Calif. A second Manhattan location is scheduled to open later this fall, and will be the first to share an entryway with a full-sized Papyrus store.

  • Coldwater Creek narrows Q2 loss

    Sandpoint, Idaho -- Coldwater Creek Inc. narrowed its second quarter loss to $16.4 million from a year-earlier loss of $17.6 million.

    Revenue was down 8.5% to $149.7 million, below the $163 million estimate from analysts. Same-store sales fell 7.3%.

    President and CEO Jill Dean said sales were lower than planned in the latest period largely due to a deceleration in traffic in July.

  • Winick signs Bareburger into Columbus Square

    New York — Organic burger restaurant Bareburger has signed a lease for 1,875 sq. ft. at 795 Columbus Avenue in New York City. It will be the chain’s first Upper West Side location as well as the first sit-down restaurant to lease space in the Columbus Square development project.

    Winick Realty Group represented Bareburger in the transaction.

     

  • Decreased traffic to Coldwater Creek affects second quarter results

    SANDPOINT — Traffic to specialty retailer Coldwater Creek dropped in July leading to lower-than-expected sales for the second quarter ended Aug. 3. The company is taking several steps, including bringing in a new chief marketing officer, in an attempt to turn things around. 

    Consolidated net sales for the quarter were $149.7 million, compared with $163.7 million in second quarter 2012. Net sales from the retail segment were $118.6 million, compared with $129.9 million in the same period last year. 

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