Michael Kors to Close 125 Stores

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The woes of retail can’t elude Michael Kors. The purveyor of luxury handbags and clothing reported sales down 11% in the fiscal fourth quarter for 2017 and plans to close as many as 125 of its boutiques in the next two years. For the fourth quarter ended April 1, 2017, Kors Inc. reported: Total revenue decreased …

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Saks Opens Wellness Shop at Fifth Avenue Store

Saks Wellery - Image courtesy of Justin Bridges Photography (PRNewsfoto/Saks Fifth Avenue)

NEW YORK — Saks Fifth Avenue has opened a new wellness shop at its flagship store in NY. The Wellery concept shop is the first-of-its-kind space where shoppers can find more than 16,000 square feet of immersive experiences dedicated to wellness. Located on the second floor of the company’s department store at 611 Fifth Avenue …

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Macy’s Partners With Designer Cynthia Rowley

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NEW YORK — Macy’s is collaborating with designer Cynthia Rowley for a new line of clothing available just for the summer in select department stores. CR by Cynthia Rowley is an exclusive new limited-time collection that taps into the cheerful and vivacious essence at the core of the celebrated designer’s eponymous brand. Officially available in …

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Stewart Weitzman Brings Bridal Shoes to Boutiques

The Stuart Weitzman 2017 Bridal Collection (PRNewsfoto/Stuart Weitzman)

NEW YORK — On the heels of last year’s successful Bridal Collection relaunch, high-end shoe maker Stuart Weitzman will bring its bridal shoes, previously available online only, to select regional boutiques this spring. The collection will debut exclusively at the Michigan Avenue in Chicago, Madison Avenue in NYC, Greenwich Avenue in Connecticut, Rodeo Drive in …

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Shinola to Open Brooklyn Store Saturday

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American watchmaker Shinola is celebrating the Grand Opening of its second NYC store on Saturday at 55 Water St. in Brooklyn. The company will be holding a block party at 49 Water St. this weekend to celebrate. The new location will be the Detroit-based watchmaker’s second in the city and first in Brooklyn. The store …

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Ralph Lauren to Close Fifth Avenue Store

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NEW YORK — Fashion retailer Ralph Lauren said it will close its Polo flagship store on 711 Fifth Avenue this year. The company plans to move Polo products into the Ralph Lauren Men’s and Women’s flagship stores on Madison Avenue and its downtown locations. The Company will continue to operate its seven additional store locations …

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Natuzzi Opens Largest U.S. Store in Paramus

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Natuzzi, Italy’s largest furniture house, has opened its doors in The Design Center located off Route 17 North in Paramus, NJ. The 9,000 square-foot store is the company’s largest in the u.S. The new location and format features the entire Natuzzi Italia range of furniture and accessories including the newly launched motion sofas and dining …

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Macy’s Inks Exclusive Deal With DKNY

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NEW YORK — Macy’s, Inc. has inked a deal with G-III Apparel Group to be the exclusive U.S. department store for sales of DKNY women’s apparel and accessories. The agreement begins next year on February 2018. Under the agreement, Macy’s exclusivity covers DKNY women’s apparel, handbags and shoes, in addition to women’s and men’s outerwear and swim, which …

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Lord and Taylor Launches New Dress Destination

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NEW YORK — Lord & Taylor has launched The Dress Address — which it calls the largest dress destination in NY — at its Fifth Avenue flagship store at 424 Fifth Avenue. Spanning over 30,000 square feet, the fifth floor of the New York City store has been transformed and renovated to accommodate an expanded assortment …

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Macy’s New CEO Takes Over

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Macy’s, the nation’s largest department store chain, has a new Chief Executive Officer. Jeff Gennette was voted unanimously by Macy’s Board of Directors as the new CEO. He has been President of the company since 2014. Gennette succeeds Terry Lundgren, who will continue as Macy’s executive chairman. Macy’s operates over 700 department stores under the …

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