Nike opens third multi-brand action sports store

Nike

Sporting goods giant Nike is opening its third multi-brand action sports retail store which features products from Nike as well as its Hurley International and Converse units.
The 4,000 square foot store is located at the Malibu Village in Malibu, Cali…

Tommy Hilfiger licenses Fletcher Leisure Group for golf wear

TommyHilfiger

NEW YORK—PVH-owned Tommy Hilfiger has licensed Fletcher Leisure Group for men’s and women’s golf apparel for the U.S., Canada and Europe. The deal begins in spring 2012. “Golf represents the ultimate prep lifestyle, and we are excited to expand our presence in the performance area,” commented designer Tommy Hilfiger. “Our golf collection is inspired by […]

June retail sales up 7 percent

NEW YORK—June same-store sales were up more than 7 percent, according to Kantar Retail, which tracks 28 retailers. “High fuel and food prices will still take a toll, but a sustained letup in gasoline prices will help ensure that the toll means slower growth instead of outright declines in discretionary spending in the months ahead,” […]

Thursday’s new classified ads

MRketplace Classifieds

We have four new ads today: SALES Reps Wanted: Metro Retro Apparel is looking for sales professionals to represent our men’s accessories line. Experienced Apparel professional for challenging TOP LEVEL ASSIGNMENTS: An experienced overseas apparel professional is interested in executive merchandising and sourcing positions for any European or US-based Fashion Retailers. Luxury Mens Woven Rep […]

The Visionary: David Witman

David Witman

David Witman has a clear, customer-centric vision for Nordstrom menswear. David Witman did not intend to spend his career at Nordstrom. He started out at a specialty store in San Francisco while in grad school, switching gears only because his wife Jayme (who worked for Banana Republic at the time) got transferred to Seattle. “It’s […]

Editor’s Letter: Saluting the Merchants

Karen Alberg Grossman

Vision and creativity, still the backbone of our industry. No issue of MR Magazine is more exciting for us than July. In it, we profile our Uptown/Downtown award winners, those merchants singled out by the menswear industry for their vision, creativity, tenacity, temerity. We love the risk-takers, those merchants who know the rules well enough […]

Louis Vuitton, Burberry win record damages in Canada

Louis Vuitton

Luxury goods brands Louis Vuitton and Burberry won record damages of CAD2.5m (US$2.6m) in a “landmark” counterfeiting and copyright case in Canada.
The award from the country’s Federal Court included CAD1.4m for Louis Vuitton and CAD1…

Steal of a deal?

Groupon

Daily deal websites and consumers see great benefits, but do retailers? You know the deal—Groupon, Living Social, Facebook, Google—they all have their own version of the daily deal model that’s flooding inboxes with 50 to 90 percent off promotions at local bakeries, spas, restaurants, bars and retail stores. These sites are usually a win for […]

Target settles EEOC suit for $160,000

Target

MINNEAPOLIS—Target Corp. has settled a U.S. Equal Employment Opportunity Commission (EEOC) lawsuit for $160,000 this week, filed on behalf of an Orange County, Calif. cart attendant with cerebral palsy. The suit was first filed in 2009. Jeremy Schott was a part-time stocker hired in 2002 who became a cart attendant a year later. His medical […]

Stage Stores signs new $250 million credit facility

Stage Stores

HOUSTON—Regional department store operator Stage Stores, Inc. has entered into a new $250 million credit facility, set to mature in 2016. This senior secured revolving credit facility replaces one that was scheduled to mature in April next year. The administrative agent is Bank of America, N.A. and the joint lead arrangers are Merrill Lynch, Pierce, […]