Simon Property Group

Equity Residential Appoints Ann C. Hoff and Nina P. Jones to Board of Trustees

Retrieved on: 
Tuesday, March 19, 2024

Equity Residential (NYSE: EQR) today announced the appointment of Ann C. Hoff and Nina P. Jones to the Company’s Board of Trustees to serve until the next annual meeting of shareholders.

Key Points: 
  • Equity Residential (NYSE: EQR) today announced the appointment of Ann C. Hoff and Nina P. Jones to the Company’s Board of Trustees to serve until the next annual meeting of shareholders.
  • Both Ms. Hoff and Ms. Jones qualify as independent trustees under the New York Stock Exchange’s listing standards.
  • Ms. Hoff will serve on the Audit Committee and Ms. Jones will serve on both the Audit and Corporate Governance Committees.
  • Ferguson Partners, a firm specializing in Board and executive recruitment in the REIT industry, advised Equity Residential in recruiting Ms. Hoff for this Board role.

Huge Names Chidi Achara New Chief Product Officer

Retrieved on: 
Thursday, February 22, 2024

In her first major action as CEO, Lisa De Bonis revealed that Chidi Achara will join Huge as Chief Product Officer, and Matt Weiss will be appointed Chief Brand Officer.

Key Points: 
  • In her first major action as CEO, Lisa De Bonis revealed that Chidi Achara will join Huge as Chief Product Officer, and Matt Weiss will be appointed Chief Brand Officer.
  • “With Chidi and Matt on our team, I believe we can now accelerate delivering unique and innovative solutions for our clients.”
    Achara brings a depth of product experience to Huge.
  • As Chief Product Officer, Achara’s mission is to scale collaboration across product innovation, design and engineering, and integrate AI technologies to accelerate growth for clients.
  • “Huge has built a business that’s proven to be as innovative as it is durable in an ever-changing market,” said Achara.

Nordstrom Rack to Open New Location in Noblesville, Indiana

Retrieved on: 
Thursday, December 14, 2023

(NYSE: JWN) announced plans to open a new Nordstrom Rack in Noblesville, Indiana in fall 2024.

Key Points: 
  • (NYSE: JWN) announced plans to open a new Nordstrom Rack in Noblesville, Indiana in fall 2024.
  • "We're excited to grow our footprint in the region and introduce new customers to the Nordstrom experience."
  • Nordstrom Rack is the largest source of new customers to Nordstrom.
  • With this new location, Nordstrom expands its physical footprint and economic impact in Indiana.

Hagerty names Gary Chard as new Senior Vice President of Marketplace Operations

Retrieved on: 
Monday, December 4, 2023

TRAVERSE CITY, Mich., Dec. 4, 2023 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) an automotive enthusiast brand and leading specialty vehicle insurance provider, has named Gary Chard as its new Senior Vice President of Marketplace Operations.

Key Points: 
  • TRAVERSE CITY, Mich., Dec. 4, 2023 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) an automotive enthusiast brand and leading specialty vehicle insurance provider, has named Gary Chard as its new Senior Vice President of Marketplace Operations.
  • Chard will join the senior leadership team of Marketplace , Hagerty's growing business to support members and enthusiasts who are buying and selling collector cars.
  • Prior to joining Hagerty, Gary served as Vice President of Leasing Operations & Work Retail for The Taubman Company and the executive leasing liaison with Simon Property Group.
  • Previous roles include Senior Vice President, Head of Global Compensation & Human Resources, Americas at Sotheby's New York and London as well as Senior Vice President, Head of Global Compensation and HR Technology at Sotheby's.

Hilco Real Estate Continues Growth of its Real Estate Asset Management Division with the Strategic Appointment of Alan Shaw

Retrieved on: 
Tuesday, November 14, 2023

NORTHBROOK, Ill., Nov. 14, 2023 /PRNewswire/ -- Hilco Real Estate, LLC (HRE), the authority on real estate optimization, repositioning, and disposition, is thrilled to welcome Alan Shaw as Executive Vice President of the organization and Co-CEO of its Real Estate Asset Management division.

Key Points: 
  • NORTHBROOK, Ill., Nov. 14, 2023 /PRNewswire/ -- Hilco Real Estate, LLC (HRE), the authority on real estate optimization, repositioning, and disposition, is thrilled to welcome Alan Shaw as Executive Vice President of the organization and Co-CEO of its Real Estate Asset Management division.
  • "We are delighted to welcome Alan to the Hilco Real Estate team as our new Executive Vice President and Co-CEO of the Real Estate Asset Management division," said Neil Aaronson, CEO of Hilco Real Estate.
  • "Alan's extensive industry experience and proven track record in optimizing real estate value align perfectly with our strategic vision.
  • The Real Estate Asset Management division will utilize that experience and incorporate all of Hilco Global's best-in-class disciplines to provide unparalleled solutions and create immense value for our clients."

AUTHENTIC BRANDS GROUP AND SHEIN ANNOUNCE STRATEGIC AGREEMENT FOR FOREVER 21

Retrieved on: 
Friday, October 27, 2023

Co-branded Forever 21 x SHEIN, the line will leverage SHEIN's industry-leading, on-demand production model, which helps reduce inventory waste.

Key Points: 
  • Co-branded Forever 21 x SHEIN, the line will leverage SHEIN's industry-leading, on-demand production model, which helps reduce inventory waste.
  • Items from the Forever 21 x SHEIN collection will be available for sale online exclusively on SHEIN sites in the U.S., parts of Europe and Australia.
  • "We're thrilled to bring the renowned Forever 21 brand to SHEIN customers using our manufacturing capabilities and online store," said Donald Tang, Executive Chairman at SHEIN.
  • Earlier this month, SHEIN hosted its first pop-up within a Forever 21 at Ontario Mills shopping center, with over 7,000 guests passing through.

AUTHENTIC BRANDS GROUP AND SHEIN ANNOUNCE STRATEGIC AGREEMENT FOR FOREVER 21

Retrieved on: 
Friday, October 27, 2023

Co-branded Forever 21 x SHEIN, the line will leverage SHEIN's industry-leading, on-demand production model, which helps reduce inventory waste.

Key Points: 
  • Co-branded Forever 21 x SHEIN, the line will leverage SHEIN's industry-leading, on-demand production model, which helps reduce inventory waste.
  • Items from the Forever 21 x SHEIN collection will be available for sale online exclusively on SHEIN sites in the U.S., parts of Europe and Australia.
  • "We're thrilled to bring the renowned Forever 21 brand to SHEIN customers using our manufacturing capabilities and online store," said Donald Tang, Executive Chairman at SHEIN.
  • Earlier this month, SHEIN hosted its first pop-up within a Forever 21 at Ontario Mills shopping center, with over 7,000 guests passing through.

SHEIN and SPARC Group Join in a Strategic Partnership

Retrieved on: 
Thursday, August 24, 2023

NEW YORK, Aug. 24, 2023 /PRNewswire/ -- SPARC Group Holdings II LLC ("SPARC Group") today announced a strategic partnership with SHEIN, the global integrated online marketplace for fashion, beauty and lifestyle products. The partnership will focus on meeting the needs of customers in the U.S. and around the world who enjoy affordable, high-quality fashion.

Key Points: 
  • Partnership to use SHEIN's e-commerce platform to give customers greater access to high-quality, affordable fashion
    NEW YORK, Aug. 24, 2023 /PRNewswire/ -- SPARC Group Holdings II LLC ("SPARC Group") today announced a strategic partnership with SHEIN, the global integrated online marketplace for fashion, beauty and lifestyle products.
  • Under the agreement, SHEIN acquires an approximately one-third interest in SPARC Group, a joint venture that includes Authentic Brands Group and Simon Property Group, and SPARC Group becomes a minority shareholder in SHEIN.
  • SHEIN brings its unparalleled e-commerce expertise and global reach to provide SPARC Group a platform to further grow its brands.
  • "We are very pleased to welcome SHEIN as a strategic partner and shareholder in SPARC Group.

Pacific Retail Capital Partners Signs Over 1.4 Million Square Feet of New Leases in First Half of 2023

Retrieved on: 
Thursday, July 27, 2023

Pacific Retail Capital Partners (“PRCP” or the “Company”), one of the nation’s leading retail real estate development, investment, management and advisory firms focused exclusively on evolving retail-led real estate, today announced that from January 1, 2023, to June 30, 2023, it signed more than 1.4 million square feet of new leases.

Key Points: 
  • Pacific Retail Capital Partners (“PRCP” or the “Company”), one of the nation’s leading retail real estate development, investment, management and advisory firms focused exclusively on evolving retail-led real estate, today announced that from January 1, 2023, to June 30, 2023, it signed more than 1.4 million square feet of new leases.
  • The new leases and renewals encompass national, regional and local retailers spanning multiple industries, including grocery and necessity, dining and entertainment, fashion and apparel, experiential and specialty, as well as off-price and discount.
  • Rocky is widely known and well respected within the industry, and he will be instrumental in helping us broaden our network of retail partners.
  • He holds a degree from James Madison University and has been a member of ICSC for more than 20 years.

Authentic Brands Group Announces $500M Primary Follow-on Investment From General Atlantic

Retrieved on: 
Thursday, June 29, 2023

Authentic Brands Group (Authentic), a global brand owner, marketing and entertainment platform, today announced a $500M primary follow-on investment from its current investor General Atlantic, a leading global growth equity firm.

Key Points: 
  • Authentic Brands Group (Authentic), a global brand owner, marketing and entertainment platform, today announced a $500M primary follow-on investment from its current investor General Atlantic, a leading global growth equity firm.
  • “General Atlantic’s increased investment in Authentic is a testament to the strength of our proprietary brand platform, business model and team,” said Jamie Salter, Founder, Chairman and CEO of Authentic.
  • “General Atlantic takes an innovative investment approach and shares our vision for building brand value for the long term.
  • Andrew Crawford, Managing Director and Global Head of Consumer at General Atlantic, said, “General Atlantic is proud to be a long-term partner to Jamie and the Authentic Brands Group team.