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  • Conn’s doubles net income in third quarter

    Conn’s more than doubled its consolidated net income in the third quarter of fiscal 2014 compared to the same period in the prior year, growing to about $24.4 million from $11.8 million. Total net sales increased a healthy 51%, to $310.9 million from $206.4 million.

  • Clarks, Bostonian brands get new chairman

    The Clarks Group, the company behind the Clarks and Bostonian brands that sells more than 50 million pairs of shoes annually, has named a new chairman.

    The privately held United Kingdom-based company, which operates specialty footwear stores in the U.S. and worldwide, elevated Thomas O’Neill to the role of chairman from his position as a non-executive director on the board. He fills a position previously held by Peter Davies to lead the world’s number one non-athletic footwear brand with annual sales of roughly $2.4 billion and a presence in 100 markets.

  • J. Crew Q3 profit up 6.8%

    New York -- J. Crew Group Inc.'s third-quarter earnings rose 6.8% on improved sales.

    For the period ended Nov. 2, J. Crew reported a profit of $35.4 million, up from $33.2 million, a year earlier.

    Revenue increased 11% to $618.8 million. Same-store sales role 5%.

    Retail store sales grew 7.3% to $420.2 million, while direct sales climbed 21% to $189.8 million.

  • Aisle50 blends e-commerce with brick and mortar stores

    Aisle50, an online technology platform that delivers grocery discounts on major and local brands to consumers, has teamed up with premium brands such as Clorox, Starbucks, Smuckers and Red Bull to offer consumers recurring discounts on the products they buy most often.

    According to Aisle50, the move gives its retailer partners, which include Raley’s, Shop ‘n Save and Homeland Stores, an e-commerce platform that is unique within the world of groceries.

  • Kellwood Company appoints new CEO

    Kellwood Company, a leading apparel manufacturer and marketer owned by affiliates of Sun Capital Partners, has elevated Lynn Shanahan to the position of CEO of Kellwood Company, following the initial public offering of Vince, completed Nov. 27.

  • Neiman Marcus exec headed to online luxury consignment site

    San Francisco -- The RealReal, a leader in online luxury consignment, announced the appointment of Ann Paolini to its leadership team as executive VP of sales. She is joining The RealReal after spending 25 years at Neiman Marcus as a senior executive, and will be responsible for the RealReal's sales team and consignor relations.

  • Coffee Bean & Tea Leaf names Dunkin’ exec as new chief

    Los Angeles -- John Dawson has been named president and CEO of coffee and tea retailer Coffee Bean & Tea Leaf, charged with accelerating the chain’s plans for global growth.

  • Gearing up for growth, Uniqlo names CEO

    Fast Retailing’s Uniqlo USA division named a new CEO with a familiar name to lead what is expected to be an accelerated growth plan.

    Uniqlo elevated existing COO Lawrence Meyer to the role of CEO to lead is 17 unit U.S. operation roughly one year after he joined the company. In his new role, Meyer will oversee the day-to-day operations of the Uniqlo brand and be responsible for the ongoing development of the company retail footprint in the U.S.

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