Fashion retailer United retail collaborates with Redcats
24 Feb '06
3 min read
"With their sound experience in the areas of merchandising, catalog and internet retailing, combined with a sophisticated marketing and distribution infrastructure dedicated to home shopping in the United States, Redcats USA has a solid foundation to explore this type of opportunity," said Eric Faintreny, Chairman and CEO of Redcats USA.
"They are pleased with this project as AVENUE is a leading fashion brand in the plus size market.
The outcome of the project will enable them to evaluate potential growth opportunities for both companies."
United Retail Group Inc is a specialty retailer of large-size women's fashion apparel, footwear and accessories featuring AVENUE brand merchandise.
The Company operates 500 AVENUE(R) stores with 2,194,000 square feet of selling space, as well as the AVENUE.COM.
Redcats USA is a division of Redcats, global leader in Home Shopping for apparel and home furnishings.
Drawing on a multi-channel network combining catalogs, e-commerce and stores, Redcats generated 4.4 billion euros of sales in 2005 with 17 brands in 26 countries and a staff of 20,000 associates.
International sales account for 53 percent of this total. Redcats is a PPR Company.