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Investor snags two high-end Madison Ave. retail properties for $47M

2014-11-04 17:34:05| Apparel - Topix.net

Acadia Realty Trust is betting that luxury stores will pay high rents for locations just off the prime retail corridor High profile investors are plowing money into luxury retail spaces at never-before-seen rates - and at never-before-seen prices. Developer Acadia Realty Trust, the company behind the CityPoint project in Downtown Brooklyn, has snapped up two glitzy townhouses just off Madison Ave. for a combined $47.3 million, the Daily News has learned.

Tags: properties retail ave investor

 

Hong Kong September Retail Sales: Let's Tone Down The Excitement

2014-11-04 12:51:17| Footwear - Topix.net

Hong Kong reported retail sales for September with SSSg +4.8% which is a marginal acceleration vs. +3.5% from August and above consensus +2%. This retail stat is important for investors as it provides important read-through to companies that have exposure to the HK/China retail landscape, namely Tiffany , Michael Kors , Gap , Coach and Nike .

Tags: the september sales hong

 
 

UPDATE 1-Agrium's quarterly profit gets boost from Viterra retail centers

2014-11-04 06:50:29| Chemicals - Topix.net

Canadian fertilizer and farm retail dealer Agrium Inc reported third-quarter profit beating Wall Street expectations as it continued to benefit from sales from Viterra Inc's retail centers. The company's retail sales jumped 9 percent to $2.3 billion in the third quarter from $2.1 billion for the same period last year due to the contribution from the acquired Viterra operations.

Tags: update retail profit centers

 

Fashion's new frontiers: what's next for retail?

2014-11-03 11:55:00| Daily apparel & textile news and comment - from just-style.com

The massive growth in internet use and consumer connectivity is one of the biggest trends - and challenges - facing retailers right now. Insight on embracing change from Google UK, as well as tackling the "massive problem" of online returns, and the emergence of 3D printing as a worrying new front for counterfeiters, were all discussed at a recent industry conference.

Tags: retail fashions frontiers

 

Online stores fight Amazon for piece of retail pie

2014-11-03 02:45:02| Apparel - Topix.net

Amazon.com's low prices and seemingly endless array of goods have made it the biggest online retailer in the U.S., commanding about 20 percent of all e-commerce. The company is projected to have over $89 billion in revenue this year.

Tags: online stores amazon retail

 

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