REAL ESTATE

Syms and Filene’s to open new hybrid store concept on Fifth Avenue

BY CSA STAFF

New York City Winick Realty Group said Monday that Syms and Filene’s will open a flagship location at 530 Fifth Avenue in Manhattan, between 44th and 45th Streets, for its new hybrid format, fbSY. Syms acquired Filene’s Basement in 2009.

The space contains 6,500 sq. ft. on the ground floor, 9,500 sq. ft. on the lower level, and 18,000 sq. ft. on the second floor.

“The space was originally designed for the Bank of New York and wasn’t built for retail,” said Darrell Rubens, senior managing director for commercial broker Winick Realty. “But we had a vision from day one of replacing the austere granite storefront with a floor-to-ceiling glass storefront more conducive to retailing.”

With other tenants including Zara and H&M in close proximity, Rubens added that “Syms will be a great addition to Fifth Avenue.”

Syms is one of a handful of high-profile fashion chains coming to Fifth Avenue. Urban Outfitters just leased a new storefront across the street at 521 Fifth Avenue, while Guess will be opening its new flagship store up the street at 575 Fifth Avenue.

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REAL ESTATE

Anthropologie set to debut accessories concept

BY CSA STAFF

New York City Anthropologie will premier its accessories-only format on Oct. 29, in Chevy Chase, Md., according to Women’s Wear Daily.

The 1,4000-sq.-ft. store will feature shoes, handbags, scarves, costume and fine jewelry, and in a first for the brand, estate and antique jewelry, the report said.

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News

Dick’s Sporting Goods names new board member

BY CSA STAFF

PITTSBURGH Dick’s Sporting Goods announced that Jacqualyn Fouse has been elected to the company’s board of directors.

Effective September 27, Fouse will be joining Celgene Corporation, a global biopharmaceutical company, to serve as its CFO.  Since July 2007, she has served as the CFO of Bunge Limited, a global agribusiness and food company.

 

“We are pleased to welcome Jackie to our board,” said Edward Stack, chairman and CEO. “She is well seasoned in the world of finance with nearly 30 years of experience. Her combined insight and expertise will be an excellent contribution to and further enhancement of the Dick’s Sporting Goods board.”

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