In Brief: Higher Galeries … Rogers Leaves Wilsons Leather …
HIGHER GALERIES: Aided in part by a rebound in tourism, French retailer Groupe Galeries Lafayette said sales rose 4 percent to 1.34 billion euros, or $1.62 billion, in the quarter ended June 30. The Galeries flagship on Boulevard Haussmann,...
HIGHER GALERIES: Aided in part by a rebound in tourism, French retailer Groupe Galeries Lafayette said sales rose 4 percent to 1.34 billion euros, or $1.62 billion, in the quarter ended June 30. The Galeries flagship on Boulevard Haussmann, flush with Asian tourists, saw its sales leap 16.8 percent in the quarter and 21.4 percent in June. The company also credited its new 100,000-square-foot Lafayette Maison home store, which bowed in March, for the gains. Overall, department store sales — under the Galeries Lafayette, Nouvelles Galeries and BHV banners — rose 7 percent in the quarter to 658.1 million euros, or $794.3 million. The group also operates the Monoprix discount chain and has a financial services arm.
ROGERS LEAVES WILSONS LEATHER: The president and chief operating officer of Wilsons The Leather Experts Inc., David L. Rogers, resigned Thursday effective Aug. 2. Rogers, a 25-year veteran of Wilsons who said he is leaving to pursue other interests, will stay on as a director of the Minneapolis-based specialty retailer. “David has played an ever-increasing role in the growth of this company since 1980 and he will be sorely missed by all of us at Wilsons Leather,” chief executive officer Joel Waller said in a statement.
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