Have a soft spot for Jack Rogers sandals? Is no outfit complete without a pair of pearls? Then southern retailer Belk is looking for you. The department store has announced its fifth annual Southern Designer Showcase, a design contest for those who hail from below the Mason Dixon or simply …
Feeling FABB-ulous? See You Wednesday!
Who’s coming to FABB this Wednesday? Don’t miss this year’s Fashion Accessories Benefit Ball, held May 4th, at Chelsea Piers. Tickets are still available for this fun industry event. In addition to a vibrant evening of networking, dining and dancing, there is a strong program of awards. Accessories Magazine will …
How to Maximize Sales of Minimal Jewelry? Hint: Sell Layers!
Little layers are offering big opportunities as multiples drive sales at all price points. Bigger isn’t always better. Lately, oversized statement necklaces have taken a back seat to clean, delicate jewelry of miniscule proportions. This has shown up across the board in earrings, necklaces, bracelets and rings, not to mention …
Belk Searches for Designers in 4th Annual Southern Designer Showcase
Charlotte–Fashion designers who have a deep connection to the South and want to showcase Modern. Southern. Style. can have their clothes and accessories sold at Belk and on belk.com in spring 2017 if they’re selected as winners in Belk’s fourth annual Southern Designer Showcase. Charlotte-based Belk is seeking Southern designers …
Accessories Honors 2016 Merchants Hall of Fame Inductees
People
New York—Accessories magazine proudly presents the 2016 class of its annual Merchants Hall of Fame! The recipients were selected by the vendor and retailing community for their exceptional retailing expertise and business/fashion acumen. Each received a full-page profile in Merchants Hall of Fame section in the January/February 2016 issue of Accessories. …
Stockholders Agree to Merger Agreement Between Belk, Sycamore Partners
Charlotte, NC–Belk, Inc., announced today that its stockholders voted to approve the adoption of the previously announced merger agreement with affiliates of Sycamore Partners. “We are pleased that our stockholders voted in favor of our sale to Sycamore Partners,” said Tim Belk, chairman/chief executive officer of Belk, Inc. “The vote …
Accessories Magazine’s Retailer of the Year
Each year, Accessories honors a deserving department store for Retailer of the Year. Below, a look at previous winners with links to downloadable pdfs. 2016: Bloomingdale’s Click here to download the feature. 2015: Belk Click here to download the feature. 2014: Macy’s Click here to download the feature. 2013: …
Carrie Underwood to Headline This Year’s Belk Bowl, Dec. 30
Charlotte, NC—Belk has been the subject of many news articles lately (it sold to Sycamore Partners for $3 billion.) Now the department store is hoping for some sports and entertainment news coverage, too. Superstar and seven-time Grammy winner Carrie Underwood will be the headline act at the 2015 Belk Bowl …
Sycamore Partners to Buy Belk for $3 Billion
Belk, Inc., which operates 297 stores throughout 16 Southern states, is to be acquired by private equity firm Sycamore Partners in a deal valued at approximately $3 billion. Under the terms of the merger agreement, all Belk stockholders will receive $68 per share in cash for each share of Belk …
Accessories Magazine and FABB Honor 2015 Merchants Hall of Fame Inductees
People
Accessories magazine is proud to honor the newest round of inductees into its 5th Annual 2015 Merchants Hall of Fame. FABB also honored this impressive group of merchants at its annual ball on May 6th, where the merchants received their plaques and took the stage to much applause from vendors …
Accessories Magazine’s Merchants Hall of Fame Spotlight: Pamela McElroy, Belk
To celebrate all the Inductees into Accessories Magazine’s 2015 Merchants Hall of Fame, we will spotlight one merchant a day leading up the FABB ball on May 6th, where Accessories Magazine’s Editor-in-Chief Lauren Parker will present the awards. To see the entire list of inductees over the years, click here. …
Is Belk Putting Itself Up for Sale?
Charlotte, NC–Belk, the nation’s largest independent department store, has hired Goldman Sachs Group to explore a possible sale of the company, according to a report in Reuters. The report estimates Belk–a third generation, family-owned department store chain with almost 300 stores located 16 Southern states–is worth $4 billion and says people close to …
Belk Q4 Profit Rises on Strong Holiday Sales
Charlotte, NC—Belk Inc. posted an 8.4% rise in its fourth quarter profit aided by a big increase in its holiday sales. For the three months ended Jan. 31, Belk reported net income of $104.4 million, thanks in part to a 5.2% increase in holiday sales. But for its fiscal 2014 …
Belk Donates More than $21.5 Million in Charitable Contributions
Charlotte, NC—Belk, Inc. announced today that the company, and its associates, customers and vendors contributed more than $21.5 million to local communities in the fiscal year ending January 31. Of the total amount, Belk corporate dollars funded $6.1 million to more than 250 nonprofit organizations, with a focus on education, breast cancer research and awareness, …
Accessories Honors 2015 Merchants Hall of Fame Inductees
New York—Accessories magazine is proud to announce the 5th round of inductees into its annual Merchants Hall of Fame. The recipients were selected by the vendor and retailing community for their exceptional retailing expertise and business/fashion acumen. Each received a full-page profile in Merchants Hall of Fame section in the …
Belk Q3 Profit Falls on Increased Expenses
Charlotte, NC—Belk Inc. reported today that it swung into a third quarter loss due toexpenses from its new strategic initiatives. Net loss was $8.2 million compared to net income of $3.6 million for the same prior-year period. Excluding non-comparable items, the net loss for the quarter was $8.5 million compared …
Belk Seeks Designers for Third Southern Designer Showcase Competition
Charlotte, NC—Attention Southern designers, Belk Inc. is seeking your skills in women’s apparel, accessories, men’s apparel, kid’s apparel and shoes as part of its third Southern Designer Showcase competition. Winning designs will be sold at Belk and on belk.com in Spring 2016. Applicants can visit belk.com and click on the …
Belk, Ralph Lauren Join Forces in the Fight Against Breast Cancer
Charlotte, NC—Belk and Ralph Lauren Corp. have unveiled a partnership focused on increasing breast cancer awareness. As a key component of the partnership, Ralph Lauren’s “Lauren Pink” capsule collection will include a new sneaker to be sold exclusively in Belk stores and on www.belk.com to benefit the Belk Women’s Health …
Belk Encourages Students to Make An Impact in Their Communities
Silver Spring, MD–Belk, Discovery Education and the International Society for Technology in Education (ISTE) announced today the back-to-school launch of the Belk Service Learning Challenge, a comprehensive standards-aligned program encouraging middle school students to facilitate positive changes in their communities by applying critical thinking, problem-solving and creativity skills to a …
Changing Places: New Chiefs Named at Bon-Ton, Belk
York, PA and Charlotte, NC—It’s a case of retail trading places. Kathryn Bufano, president and merchandising officer at Belk was named Thursday to be the new president/ceo at The Bon-Ton Stores Inc. replacing the outgoing Brendan Hoffman. Also on Thursday, Belk Inc announced that EVP/GMM of men’s, home and kids …
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