News Briefs

WHP Global has finalized the addition of a high-profile luxury brand to its fashion portfolio.

The brand management company, in a joint venture with G-111 Apparel Group, has completed its acquisition of the Marc Jacobs brand from LVMH. Financial terms of the deal were not disclosed, but WWD put the deal at roughly $925 million. with the two companies each owing a 50% equity stake.

Under the terms of the transaction, WHP leads the joint venture, including global brand licensing. G-111 will support the joint venture while owning and leading the operating business, including wholesale, e-commerce and retail. The business includes more than 100 stores. Marc Jacobs will remain as founder and creative director.

In a statement, the two companies said they are focused on expanding the brand’s global reach and “unlocking new opportunities across markets and product categories.”

"This closing marks an exciting new chapter for Marc Jacobs, a brand with a distinctive creative legacy and global reach,” said Morris Goldfarb, chairman and CEO of G-III Apparel Group, whose brands include DKNY, Donna Karan, Karl Lagerfeld, Sonia Rykiel and more. “G-III brings the scale and expertise to build and grow global brands, and we look forward to working with the Marc Jacobs team and WHP Global to protect what makes the brand special while supporting its continued growth worldwide.” 

A specialty food and home goods retailer is offering same-day delivery with a new partner.

World Market is entering a new collaboration with Instacart that makes its entire assortment of global foods, home décor, furniture and gifts available for same-day delivery in as fast as one hour with no markups. Instacart is World Market's first and exclusive online same-day delivery partner.

"Partnering with Instacart is an exciting new chapter for World Market and a natural extension of our commitment to making the World Market experience as accessible and convenient as possible for our customers," said Eric Hunter, CEO of World Market. "Our stores are filled with inspiring finds from around the globe, and now, customers can have that same curated assortment delivered to their doorstep the same day.”

Through the Instacart app and website, customers can now browse and order from World Market's assortment of items for same-day delivery. Customers can take $15 off their first qualifying $60 World Market purchase on Instacart through Wednesday, Sept. 30, 2026.

World Market also recently went live with omnichannel payment platform Affirm, offering flexible payment options online and at nearly 250 stores nationwide.

[READ MORE: World Market offers Affirm flex payments]

"World Market has built an incredibly loyal following of customers who love discovering something new every time they walk through the door, and we're thrilled to bring that same feeling of discovery directly to their homes for the first time with the speed and convenience of same-day delivery," said Ryan Hamburger, chief commercial officer at Instacart. 

Headquartered in Alameda, Calif., World Market operates 248 stores. San Francisco-based Instacart is a grocery technology company that partners with more than 2,200 retail banners representing nearly 100,000 stores.

Target Corp. has launched a collection that revives an iconic 1990s fashion brand for tween and teen girls.

The retailer has debuted an exclusive Delia’s apparel collection online. The collection, which is currently being rolled out in Target stores, includes graphic tees, sweaters, sweatshirts, skirts, cargo pants, lounge pants, dresses, jackets and accessories. Prices start at $8.

As part of the launch, Target bringing back the signature Delia’s catalog, which the retailer called a “memorable part of the original brand experience." Target is mailing 1,000 catalogs featuring the assortment to its affiliate list, and nearly 1,200 stores carrying the collection will each receive catalogs for guests.

Delia’s rode a big wave of popularity in the 1990s as a go-to brand and retail destination for girls. The company filed for bankruptcy in 2014 as the rise of fast-fashion and online competition cut into its business. It subsequently closed its stores and went out of business. 

[READ MORE: Target to roll out in-store beauty studio concept in September]

“The assortment brings the iconic Delia’s brand to Target, offering a fresh take on its signature ’90s and early-2000s style, tapping into nostalgia for guests who grew up with the brand while introducing it to a new generation,”  Target said in a statement to Chain Store Age. “The partnership gives Target an opportunity to connect across generations by bringing back an iconic brand for millennials, while tapping into Gen Z’s affinity for vintage aesthetics, authenticity, and nostalgia for eras they didn’t grow up in. The result is an assortment that feels both familiar and fresh."

Sweetgreen is continuing its expansion by heading west.

The health-focused fast-casual chain will make its Utah debut on Sept. 8, with a restaurant in Salt Lake City’s Sugar House neighborhood. The new 3,160-sq.-ft. store will offer Sweetgreen’s signature salads, warm bowls, protein plates, wraps and sides, with the ability for guests to order online.

Sweetgreen’s entry into Utah comes as the chain continues to gradually expand nationwide. Sweetgreen made its debut in Tennessee earlier this summer, and opened its first location in Arizona last fall.

“Opening our first Sweetgreen in Utah is an exciting step for the brand as we continue to thoughtfully grow into new markets,” said chief development officer Ryan Slemons, who joined the company this spring. “Sugar House is a natural fit for us, with a strong community and a lifestyle that aligns closely with the way our guests think about food and wellness. We’re excited to establish a presence in Salt Lake City and build a long-term relationship with the community as we grow.”

Sweetgreen, known for its salads and bowls that prioritize organic, regenerative and locally-sourced produce, is partnering with Nicholas and Company, a nearly fourth-generation, family-owned foodservice distributor, to help bring ingredients from our growers and suppliers to the Sugar House restaurant.

[READ MORE: Sweetgreen to open first Sweetlane location on East Coast]

The opening will also support WasteLess Solutions, a Utah nonprofit focused on food insecurity. Sweetgreen will donate one meal for every meal purchased on opening day, supporting Waste Less Solutions' work to help feed Utahns.

Founded in 2007, Sweetgreen operates over 285 locations across the U.S.

Damis Holdings has put 50 properties spanning 23 states up for sale across multiple asset classes that include retail, entertainment and hospitality.

The disposition comes after the company filed for Chapter 11 bankruptcy protection in June. Damis is owned by brothers Michael and David Shabsels.

New York-based A&G Real Estate Partners has been retained to sell off properties in states that include California, Illinois, Florida, Massachusetts, Michigan, Missouri, New Jersey, New York, Ohio, Pennsylvania and Texas. Retail properties include Fashion Corner in Saginaw, Mich.; Eastchase Market in Fort Worth, Texas; and Matteson Center in Matteson, Ill.

In a press release, A&G stated that it will run a comprehensive sales process designed to realize the full, inherent value of each property, tailoring its strategy to the specific characteristics of every holding rather than applying a single, one-size-fits-all approach. 

“Real estate is too often priced based on what an appraisal says, not what it is actually worth in the market, and that gap is where A&G operates,” said the company’s co-president Emilio Amendola. “The Damis portfolio is a strong example of the kind of complex, multi-asset disposition our team has built its practice around, and one that creates real opportunities for the market.”

[READ MORE: Duluth Trading Co. fills digital orders from stores]