REAL ESTATE

Fred Segal to occupy all retail space at new SLS Las Vegas resort

BY Marianne Wilson

New York — Fred Segal will open The Fred Segal Collective, a multi-store retail experience, at SLS Las Vegas as part of the hotel’s opening on Aug. 23. In an unusual move, the brand will occupy all of the retail space in the resort.

The Collective will be integrated throughout the entire SLS experience, creating shopping opportunities from the pool to the casino and dining areas. It will encompass nearly 10,000 sq. ft., with seven individual stores, including She, He, Jeans, Shoes, Jewels, Play and Goods.

“We are excited to partner with sbe to bring a taste of Southern California style to the SLS Las Vegas, which I believe will redefine the Vegas Strip’s north end,” said Paul Blum, CEO of Fred Segal. “The Fred Segal Collective creates an integrated and luxurious shopping experience in this exciting new destination.”

Located at 2535 S. Las Vegas Blvd., SLS Las Vegas was designed by Gensler Architects in collaboration with internationally acclaimed designer Philippe Starck.

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OPERATIONS

Group launches campaign to ban open carry of guns in Kroger stores

BY Marianne Wilson

Indianapolis — Moms Demand Action for Gun Sense in America launched a national campaign on Monday calling on Kroger Co. to prohibit the open carry of guns in its supermarkets. The gun control advocacy group was founded in response to the Sandy Hook school shooting and has partnered with billionaires Michael Bloomberg and Warren Buffett.

The Moms Demand Action campaign, which includes a petition to Kroger, follows similar actions aimed at Target, Chipotle, Sonic, Chii’s and Jack in the Box.

"We support the Second Amendment and responsible gun ownership, but ignoring incidences of gun violence in and around stores and allowing demonstrators to open carry loaded weapons through the same aisles that our children pick out their favorite cereals is unacceptable,” said Shannon Watts, founder of Moms Demand Action for Gun Sense in America. “Given how lax the majority of states’ open carry laws are, there is no way for store employees or Kroger’s loyal customers to know whether these gun extremists are good guys or bad guys. That’s why Moms are asking the country’s largest supermarket chain, a store that we visit every week, to follow the lead of Target, Chipotle, Starbucks and many others and make a clear statement that the open carry of firearms is not welcome in its stores."

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FINANCE

Steve Madden acquires Dolce Vita Holdings

BY Staff Writer

Long Island City, N.Y. — Steve Madden has completed the acquisition of privately held Dolce Vita Holdings Inc., which specializes in the design, sourcing and sale of branded and private label footwear. The acquisition was completed for $60.3 million.

Dolce Vita sells fashion-forward footwear to wholesale customers, including department stores and specialty boutiques. In addition to marketing products under its owned brands, including Steve Madden, Steven by Steve Madden, Madden Girl, Freebird by Steven, Stevies, Betsey Johnson, Betseyville, Brian Atwood, B Brian Atwood, Report Signature, Report, Big Buddha, Wild Pair, Cejon and Mad Love, Steve Madden is the licensee of various brands, including Olsenboye for footwear, handbags and belts and Superga and l.e.i. for footwear. The company also operates 124 retail stores.

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