FINANCE

Report: Jones Group attempting deals with Sycamore Group, GIII

BY Dan Berthiaume

New York – The Jones Group is reportedly approaching deals to sell its business to Sycamore Group and GIII Apparel Group.

Sycamore Group is an Indianapolis-based real estate firm and GIII is a New York-based apparel licensor and manufacturer. Women’s Wear Daily reports sources indicate Jones Group is close to reaching agreements with both companies.

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News

Tiffany’s relaunches e-commerce site

BY Dan Berthiaume

New York – Tiffany & Co. is relaunching its Tiffany.com e-commerce site. The site includes enhanced zoom capabilities and several expanded sections.

Blue Book, the company’s collection of couture jewels, is showcased with scenes from the Tiffany Workshop where they are created, as well as an expanded engagement section with a gemologist’s video and review of Tiffany’s quality standards.

The site also allows users to choose a ring, specify carat size and skin tone and view it on a model’s hand; or download Tiffany’s Engagement Ring Finder app (for iPhone, iPad and Android), where they can select and share rings.

Also, The World of Tiffany section offers Tiffany Style, with the inside story on the newest jewelry designs, sharing space with Tiffany designers and videos. The Latest goes global, covering celebrity culture, Tiffany diamonds on the red carpet and the opening of Tiffany stores. Other features include the ability to view products in various dining and entertainment scenarios.

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OPERATIONS

Target provides digital holiday help

BY Dan Berthiaume

Minneapolis – Target Corp. is enlisting Jonna Mendez, a former CIA officer and mom who will serve as a “Kids’ Gift Detective.” Inspired by her years of CIA experience, Mendez will offer online tips and techniques via a video series at ABullseyeView.com where she works with popular mom bloggers.

In addition, Target will offer a dedicated kids’ gifts page on its website and will launch a digital gift catalog in early November.

“Before parents can start shopping for holiday gifts, they need to solve the puzzle of what their kids want most, which often extends beyond the toy aisles,” said Scott Nygaard, senior VP, merchandising, hardlines, Target. “Target offers guests tools to build their lists, including a dedicated online portal, our annual kids’ gifts catalog and the Kids’ Gift Detective, who brings some lighthearted fun to list building.”

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