JC Penney to Open First Store in Brooklyn

J.C. Penney will open its first-ever store in Brooklyn, N.Y. on Aug. 29. The 124,000-square-foot store located in the borough’s Gateway Center–home to Target, BJ’s Wholesale Club, Marshalls and more–furthers the retailer’s footprint in the New York City area and marks another milestone in its… Read More

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Authentic Brands Group Buys Footwear Brands from Payless

Authentic Brands Group (ABG) announced Wednesday that it finalized its acquisition of four youth lifestyle, athletic, and skate-inspired footwear brands from Payless Holdings. The purchased brands–Airwalk, Hind, Vision Street Wear and Above The Rim–are assets of Collective Licensing International LLC, Lifestyle Brands Corporation, and Collective Brands Cooperatief U.A.… Read More

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Footwear Exec Talks Sourcing in Inland China

As work wages along China’s coastline increases and the country’s shrinking workforce shifts from labor-intensive industries, like footwear, to sectors with better-priced and higher-end products and services including electronics and tourism, footwear manufacturers are asking, “What is the next China?” China and its uncertain future… Read More

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