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Department Stores News

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316-330 of 1960 results
Signa acquires 75.1% stake in Karstadt’s sports, luxury division
By RBR Staff Writer
Austria-based real-estate investment company Signa has acquired 75.1% stake in German department store chain Karstadt’s sports business and luxury division, while the remaining 24.9% will be retained by Berggruen Holdings.
General Retailers > Department Stores > News
Myer to acquire apparel retailer Sass & Bide
By RBR Staff Writer
Myer Holdings, Australia-based department stores chain, has agreed to acquire the remaining 35% stake in Sass & Bide, a designer and retailer of women’s ready-to-wear, for a consideration of AUD$30m ($27.9m).
General Retailers > Department Stores > News
Canada Pension Plan, Ares acquire Neiman Marcus for $6bn
By RBR Staff Writer
Dallas-based Neiman Marcus, which is comprised of the specialty retail stores segment and the on-line segment, has been acquired by two private investors Ares Management and the Canada Pension Plan Investment Board (CPPIB), for $6bn.
General Retailers > Department Stores > News
John Lewis Partnership to open new outlet in London
By RBR Staff Writer
UK-based retailer John Lewis Partnership is planning to open a new store at Westfield London shopping center.
General Retailers > Department Stores > News
Topshop, Topman expand partnership with Nordstrom
By RBR Staff Writer
British multinational retailer Topshop and its stand-alone fashion business counterpart Topman have expanded partnership with American upscale fashion retailer Nordstrom.
General Retailers > Department Stores > News
Hudson's Bay signs $275.2m underwriting agreement to finance Saks acquisition
By RBR Staff Writer
Hudson's Bay Company, a Canadian department store company, has signed a $275.2m underwriting agreement with a syndicate of underwriters to finance a portion of the $2.9bn acquisition of American Saks Incorporated.
General Retailers > Department Stores > News
Saks' net loss widens in second quarter of fiscal 2013
By RBR Staff Writer
Saks, an upscale department store chain, has reported a wider net loss of $19.6m in the second quarter of fiscal 2013, compared to a net loss of $12.3m in the corresponding period a year ago.
General Retailers > Department Stores > News
Isetan Mitsukoshi to launch Mi Plaza outlets in Japan
By RBR Staff Writer
Isetan Mitsukoshi, the solely owned holding company of the Mitsukoshi and Isetan department stores, plans to launch small community-based stores, Mi Plaza, in Japan.
General Retailers > Department Stores > News
Debenhams to introduce French fashion brand Promod in UK
By RBR Staff Writer
Debenhams, a UK-based retail giant, has collaborated with French fashion label Promod to introduce the brand in the UK market through concession format across its department stores.
General Retailers > Department Stores > News
Macy's posts slight rise in profits for Q2 2013
By RBR Staff Writer
Department store chain Macy's reported a slight increase in profit for the second quarter of fiscal 2013, as compared to the same period last year.
General Retailers > Department Stores > News
Dick Smith to operate department store chain David Jones electronics business
By RBR Staff Writer
Dick Smith Electronics has inked a retail brand management agreement (RBMA) with Australian department store chain David Jones.
General Retailers > Department Stores > News
Macy's to open Locker Room by Lids in-store departments in US
By RBR Staff Writer
Macy's, a US-based retail giant, has inked an agreement with LIDS Sports Group to introduce Locker Room by Lids, a licensed team merchandise department, in Macy's department stores across the country and online store.
General Retailers > Department Stores > News
Cherokee debuts in Indonesia at MAP SOGO, SEIBU department stores
By RBR Staff Writer
Cherokee, a US-based fashion and lifestyle retailer, has forayed into the Indonesian market through collaboration with national retail giant PT Mitra Adiperkasa Tbk (MAP).
General Retailers > Department Stores > News
Indonesian retailer PT Mitra Adiperkasa to open 150 stores
By RBR Staff Writer
PT Mitra Adiperkasa, an Indonesian multi-format retailer, is mulling the expansion of its retail network with the opening of 150 stores during the second half of this year.
General Retailers > Department Stores > News
Lifestyle International adopts cautious approach on China expansion
By RBR Staff Writer
Lifestyle International Holdings, a Hong Kong-based retail operator that specializes in the operation of mid to upper-end department stores, is treading cautiously on its proposed Chinese expansion due to increased competition from online retailers and destination shopping malls.
General Retailers > Department Stores > News
316-330 of 1960 results