Direct To Consumer (DTC)

Columbus, Ohio -- A Wednesday report by Bloomberg said that Limited Brands’ Victoria’s Secret banner would open its first stores in Hong Kong this year.

On the boards are two 1,500-sq.-ft. Victoria’s Secret shops at the International Finance Centre in the Central business district and at New Town Plaza. Bloomberg cited an emailed statement by Limited spokesperson Robin Hoffman.

 

Same day delivery firm Shutl will begin offering its service next month in New York, San Francisco and Chicago.

Thanks to $6 million in funding from partners such as UPS, e.ventures and Notion Capital, plans call for the firm to expand the delivery offering to 17 additional metropolitan areas later this year with the goal of enabling conventional brick and mortar retailers to realize their multichannel potential.

Specialty apparel retailer Body Central has transformed its merchandising organization with four high level hires and the departure of former chief merchant Beth Angelo.

CANTON, Mass. — Casual Male Retail Group, a specialty retailer of big and tall men's apparel and accessories, is changing its corporate name to Destination XL Group Inc. to reflect the company's transition to its Destination XL (DXL) retail stores and DestinationXL.com e-commerce website.

As previously announced, the company's ticker symbol was changed to "DXLG" effective Wednesday, Dec. 5, 2012.  The name change will be effective as of Monday, Feb. 25, 2013.

Canton, Mass. -- Casual Male Retail Group will formally change its corporate name to Destination XL Group, Inc. to reflect the company's transition to its Destination XL format stores and DestinationXL.com e-commerce site. The name change will be effective as of Feb. 25.
   
As previously announced, the company's ticker symbol was changed to "DXLG" effective Dec. 5, 2012.
 

ST. PETERSBURG, Fla. — HSNi Inc. reported that its fourth quarter net sales grew 7% over the prior year to $982.9 million. HSN's net sales increased 7% to $683.8 million, including 11% growth in digital sales. Cornerstone's net sales for the 13-week period in 2012 increased 6% to $299.1 million, including 14% growth in digital sales, compared to the 14-week period in 2011.

GAAP diluted EPS from continuing operations increased 27% to $1 compared with 79 cents in the prior year. 

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NEW YORK — Build-A-Bear CEO Maxine Clark has joined the Foot Locker board of directors. 

Clark founded Build-A-Bear Workshop in 1997.  She has extensive experience in the retail industry, having also served as president of Payless ShoeSource Inc. and for 19 years as an executive of The May Department Stores Company.