CAPSULE MOVES: After six seasons at New York’s Angel Orensanz Foundation, the Capsule men’s trade show will move to Center 548 in Chelsea for its next edition July 19 and 20. Located at 548 West 22nd Street, in the former home of the Dia Art Foundation, the 35,000-square-foot space will house 140 brands on four floors. Last season, Capsule expanded to a second location in the Puck Building, and the upcoming move will allow the show to consolidate all vendors under one roof. Center 548 also will house the Compass shoe show in August and the women’s Capsule show in September. In addition, the Paris edition of Capsule will move to a new home, Garage Turenne in the Marais district, for its next outing June 25 to 27.
SPORTS AUTHORITY UPGRADE: Sports Authority is plunging into the high-end sporting goods arena. The Colorado-based retailer will open its first higher-price, smaller-format store, called S.A. Elite, in Denver in August. The concept — which will offer upper-end performance apparel, footwear and accessories from brands such as Nike, Under Armour, Adidas, The North Face, Spyder, Columbia, Asics and New Balance — is expected to be the first of several hundred Elite stores the company plans on opening over the next decade. “This is a major initiative for us,” said Jeff Schumacher, executive vice president and chief merchandising officer, stressing: “This is not a shrunken-down Sports Authority.” He said the stores will be in malls and urban centers in markets that currently house a Sports Authority as well as new markets. They will average 12,000 to 15,000 square feet, will feature elevated lighting fixtures, branded shops, large-format graphics and highly knowledgeable store associates. Schumacher said the Elite concept came as a result of customer research conducted by the company over the past few years.
ROSS STEPS UP: The YMA Fashion Scholarship Fund has formed a partnership with Ross Stores Inc., which will provide the organization with a multiyear endowment totaling $100,000. In addition, FSF and Ross will award a $5,000 scholarship annually to each of four students who demonstrate excellence in retail leadership. These students also will be offered a summer internship with Ross.