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Direct To Consumer (DTC)

  • Tiffany taps former Cartier exec SVP, Northern America

    NEW YORK — Tiffany & Co. has appointed former Cartier executive Anthony Ledru as the company’s SVP of Northern America.

    “As a member of the senior management team, Anthony will drive sales results in our largest region, composed of the United States and Canada, while contributing a key voice to the articulation of the global brand,” said EVP Frederic Cumenal.

  • Abercrombie & Fitch reports net loss

    New Albany, Ohio -- Abercrombie & Fitch shrunk its net loss during the first quarter of 2013 but still reported thin financial results. Net loss for the quarter was $7.2 million, compared to $21.3 million during the first quarter of 2012. The results missed analysts’ estimates.

    Net sales dropped 9% from $921.2 million to $838.8 million. Same-store sales plummeted 17%. Direct-to-consumer sales fell 6%. U.S. same-store sales fell 14%; international comparable sales were down 16%.

  • J.W. Childs exec appointed to Brookstone’s board

    MERRIMACK, N.H. — Brookstone, a multichannel specialty retailer, has appointed J.W. Childs executive William E. Watts as its new executive chairman of board.

  • Destination XL disappoints during Q1

    Canton, Mass. -- Destination XL reported disappointing financial results for the first quarter. The company’s net income fell 56% from $2.3 million in first quarter 2012 to $1 million, while same store sales grew 0.8%. Total sales also declined 2%, from $95.5 million to $93.6 million. Destination XL cited a colder-than-normal spring and a 60% drop in catalog sales as a contributor to declining quarterly performance.

  • West Elm going global

  • Despite Q1 net sales decrease, Wet Seal has positive outlook

    FOOTHILL RANCH, Calif. — The Wet Seal’s CEO focused on the positive following the company’s first quarter results for the period ended May 4.

  • PacSun opens pop-up summer store in SoHo

    Anaheim, Calif. – Pacific Sunwear of California Inc. is opening a new pop-up store in the SoHo neighborhood of New York this summer. The two-floor, 10,000-sq.-ft. shop, located at 583 Broadway, opens today and runs through Labor Day weekend.

  • Topshop, Los Angeles

    At nearly 25,000 sq. ft. and with 40-ft. ceilings, the Topshop flagship at the Grove, an open-air center in Los Angeles, is big and bold, with touches of whimsy evident throughout the space.

    The store, which marks the British retailer’s West Coast debut, offers personal shopping and concierge services with private suites and dressing rooms encased by expansive glass walls. It carries the retailer's complete range of product lines including some exclusive to the location. It also houses the Topman brand.

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