1981 Stanley K. Tanger founds Stanley K. Tanger & Co. in Greensboro, N.C. The company opens its first strip center with brand-name factory outlet stores in Burlington, N.C.
1984 Tanger sells Burlington Manufacturers Outlet Center, which had expanded to 300,000 square feet and was the forerunner of Tanger Factory Outlet Centers’ current chain of centers. Tanger introduces one of Polo’s first outlet stores in North Conway, N.H. 1986 Construction starts on a center in Kittery, Maine. Liz Claiborne will build its first factory direct store there. The Kittery center is the oldest in Tanger’s portfolio.
• Steven B. Tanger, Stanley Tanger’s son, joins the company as executive vice president.
1987 Tanger opens a center in Martinsburg, W.V., drawing shoppers from Baltimore and Washington, and a second center in the resort area of North Conway, N.H. 1988 Three centers open: Boaz, Ala.; Pigeon Forge, Tenn., and Manchester, Vt. L.L. Bean opens its first outlet store in the North Conway center.
1989 Tanger opens a second center in Kittery, Maine, plus a new mall in Bourne, Mass., near Cape Cod. Tanger enters the Atlanta market with a center in Commerce, Ga.
1990 A center opens in West Branch, Mich., designed to attract locals as well as travelers headed to northern Michigan resort areas.
1991 Tanger expands to the Midwest with a center in Williamsburg, Iowa, along the busy I-80 corridor.
1992 Outlet malls open in Casa Grande, Ariz., between Phoenix and Tucson; Stroud, Okla., and North Branch, Minn., 40 miles north of Minneapolis-St. Paul.
1993 Tanger goes public and becomes the first outlet developer to be listed on the New York Stock Exchange (NYSE: SKT) as a publicly traded Real Estate Investment Trust, or REIT. The move opens new avenues of financing for the outlet center industry.
• The company opens outlet centers in Gonzales, La., near New Orleans, and San Marcos, Tex., attracting shoppers from San Antonio and Austin.
1994 Tanger acquires a center in Pennsylvania’s Amish Country, in Lancaster. Five Tanger Centers open that year including the tourist destination of Branson, Mo.; Terrell, Tex., near Dallas; Locust Grove, Ga., near Atlanta; Seymour, Ind., between Indianapolis and Louisville, and Riverhead, N.Y., on eastern Long Island.
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews
@prada is introducing a new project at its men’s fall 2018 show this Sunday: “Prada Invites.” The fashion house invited four celebrated creative minds – @ronanaerwanbouroullec, Konstantin Grcic, @herzogdemeuron and @rem.koolhaas – to each create a unique item with its iconic nylon material. The designs will be unveiled on the runway show, which will take place at the company’s warehouse in Viale Ortles 25. #wwdfashion #mfwm (📷: @martinocarrera)
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion