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Control Group enhances social side of Kate Spade Saturday brand
NEW YORK — Control Group, a New York City-based technology and design firm, has unveiled its work with the newly launched Kate Spade Saturday brand. The unique concept celebrates the social side of shopping by bringing the online experience into the retail stores. The first experience will be through the flagship store in Tokyo, which opened on March 2. It will roll out to all other retail stores – both in the United States and Japan – throughout 2013.
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Foot Locker profits up in Q4
NEW YORK — Foot Locker's fourth quarter profit rose to $104 million from $81 million a year earlier.
Sales jumped 14% to $1.71 billion, including the benefit of an extra week. Same-store sales rose 7.9%.
For fiscal year 2012, which included 53 weeks, the company reported net income of $397 million, compared to $278 million a year earlier.
Total sales increased 9.9% in 2012 to $6.182 million, compared with sales of $5.623 million last year. Same-store sales were up 9.4% in 2012.