Another British chain comes to Australia: Five lessons from fast fashion retailer River Island

British fashion chain River Island is headed for Australian shores after entering into a "partnership" with Australian company Retail Apparel Group. The fashion chain is following overseas retailers such as UK-based TopShop and Spanish chain Zara into the Australian market. The deal to bring River Island to Australia involves a partnership with RAG, which owns... Continue Reading →

John Lewis confirms IT restructuring consultation

According to The Register, the company had started a 90-day consultation process for making staff redundant. It noted in its report that 90-day consultation processes are required in situations where companies plan to cut more than 100 staff. A John Lewis spokesman told Computerworld UK that “part of the purpose of the consultation is to... Continue Reading →

Mr Price online offering goes live

Mr Price online offering goes live Mr Price on Monday went live with its online retail offering, which, according to CEO Stuart Bird, would enable the company to further strengthen relationships with its target customers. According to Mr Price’s research, e-commerce sales in SA made up less than 0.5% of total retail sales, far behind... Continue Reading →

A £100m payday for owners of Harrods

The Qatari owners of Harrods, the world-famous London department store, have paid themselves a whopping £100m dividend in their first full year of ownership after the retailer posted record annual profits. The sterling performance reflects the significant capital expenditure made by the new owners of the Knightsbridge emporium in its operations, as well as the... Continue Reading →

Young designers get leg up into industry

African Fashion International, the company that hosts Mercedes-Benz Fashion Week in Johannesburg and Cape Town, has teamed up with the Foschini group to facilitate a new route into the industry. YOUNG TALENT: The Mercedes-Benz Fashion Week is an annual event that exposes South Africa's designers to the fashion world " Each One, Hire One is... Continue Reading →

Retailer Next Plans Chinese Website

Next Plc (NXT) is planning a Chinese- language website to bolster its rising online sales of clothing and household goods, the Independent on Sunday reported, without saying where it got the information. Next, which delivers to 57 countries and has websites in Russian and German, is forecast to report a decline of 3 percent in... Continue Reading →

Juicy Couture's New London Look

LONDON — Juicy Couture is looking at Regent Street in a new light — a pink one — as it opens the bronze doors of its new unit near Oxford Circus. Earlier this week, the brand opened a new London unit with a shop fit that’s all about gloriously clashing cultures coming together in a... Continue Reading →

eBay will sponsor a big fashion show in London

EBay has signed a sponsorship deal with the British Fashion Council, which organizes the twice-yearly London Fashion Week event, one of the largest fashion shows in the world. EBay says the multi-season sponsorship deal will cover the BFC’s Fashion Forward show—which supports emerging designers in the U.K.—and will be managed by eBay’s fashion arm. “Partnering... Continue Reading →


Download the full PDF Report here....... Extract....... KEY FINDINGS Our annual global examination of retailer presence and expansion surveys 326 major international retailers across 73 countries and records the evolution of the global retail market. The survey identifies the most active international retailers and their top target markets at country and city level in 2011.... Continue Reading →

Dubai picks top F&B brands for A380 terminal

Dubai International's new purpose-built A380 facility, Concourse 3, will boast a total of 16 food and beverage concepts when it opens next year, its operator said on Wednesday. Dubai Airports said the offerings will range from Giraffe, the international family restaurant which will open its first outlet in the Middle East at Dubai International to... Continue Reading →

Harvey Nichols launch Beauty Bazaar

Luxury department store Harvey Nichols has announced plans for a one-stop beauty destination that they hope will become "a global beacon of beauty". 'Beauty Bazaar, Harvey Nichols', will provide the ultimate luxury beauty experience by offering wealth of products, brands and services housed within a cutting-edge, luxurious and opulent environment. Utilising an impressive 22,000 sq... Continue Reading →

River Island is set to arrive in Australia

YET another British High Street chain is set for Australian shores. River Island has formed an alliance with Australian local, Retail Apparel Group, who own brands including Tarocash and YD, and are actively seeking real estate sites in Melbourne and Sydney. River Island is a fast fashion retailer with high turn over and low price... Continue Reading →

JJB Boss Poised To Quit

The chief executive of JJB Sports is poised to step down after a string of profit warnings and emergency fundraisings left shareholders in the company facing a bleak future. I have learned that Keith Jones, who has run JJB only since March 2010, is expected to leave within days. Directors of the company are understood... Continue Reading →

Baniyas Ties Up with Azadea Group

Abu Dhabi, UAE, July 25 2012: As part of its commitment to create an exceptional shopping hub in Bani Yas City, Baniyas Investment and Development Company (BIDC) - the investment arm of the Bani Yas Sports Club - has signed an agreement with Azadea Group, one of the region's leading retail groups, to open eight... Continue Reading →

Swatch sales soar

Booming demand for mid-priced watches in China is more than offsetting a slight cooling at the top end of that market, world No. 1 watchmaker Swatch Group said on Tuesday as it stuck to a forecast for record annual sales. Famous for its colorful plastic watches and also behind luxury brands including Omega - featured... Continue Reading →

Further 15 towns accepted as Portas Pilots

The government has announced a second wave of towns that have been accepted into the Portas Pilots scheme aimed at reviving the UK's high streets. A further 15 town centres have been selected to participate in the scheme which will see them share £1.5 million in funding to help improve their town centres. This takes... Continue Reading →

Lloydspharmacy confirms redundancies

Community pharmacy & healthcare retailer Lloydspharmacy has today confirmed up to 200 job losses at its head office by early next month. The planned restructure at its head office in Coventry will affect those working in the IT, finance and human resources departments. It follows a 90 day consultation held in conjunction with sister business... Continue Reading →

M&S opens in Kazakhstan

By Caroline Barnes 11:51AM - Tue 24th July 2012 High street retailer Marks and Spencer (M&S) has launched a new store in Kazakhstan, it has been announced. Guests attending the opening were treated to a fashion show featuring the latest collections at the retailer followed by entertainment and cocktails. British Ambassador to Kazakhstan David Moran... Continue Reading →

Victoria’s Secret opens in the UK today

Erin Heatherton, a current Victoria's Secret Angel, wears the brand's 'Showstopper' set. Photo: Victoria's Secret The first of the two planned Victoria's Secret London stores opens this morning in east London's Stratford, the home of the London 2012 Olympics. There'll be no great fanfare, just a low-key opening and usual retail hours. Instead, the bells-and-whistles... Continue Reading →

Philip Green eyes global fashion empire

Billionaire retailer Philip Green wants to turn his fashion empire Arcadia into a global operation within three years, putting a team into China three months ago and considering opportunities in India. The owner of the Topshop chain has signed a deal with German retail group Karstadt to open his first outlets in Germany.

Puma profit warning takes shine off summer of sport

German sportswear maker Puma expects a sharp drop in profit this year, as weak consumer spending in Europe holds back the sales boost its expects from this summer's high-profile sporting events. Its profit warning on Wednesday follows those of French food group Danone, German heavy engines maker Deutz, and steelmaker Salzgitter, who all blamed slowing... Continue Reading →

Wet Seal Fires CEO McGalla

Wet Seal Inc. (WTSLA), the women’s apparel chain, fired Chief Executive Officer Susan McGalla amid declining sales. McGalla’s departure is effective immediately, the Foothill Ranch, California-based company said in a statement. While the board searches for a replacement, Chief Operating Officer Ken Seipel and Chief Financial Officer Steve Benrubi will serve as co-principal executive officers.... Continue Reading →

Opening Ceremony debuts in UK

Opening Ceremony, the US fashion retailer and private label collection, has opened its first UK store. The 3,000 sq ft pop-up shop in King Street in London’s Covent Garden will sell a range of 2012 Olympic-themed ready-to-wear and accessories from designers such as as Proenza Schouler, Delfina Delettrez as well exclusive OC collections from Top... Continue Reading →

Harrods launches re-designed Toy Kingdom

Harrods has launched its new Toy Kingdom, following a two-year multimillion-pound overhaul and featuring an intergalactic science lab and an "enchanted" forest. The luxury department store said the 26,000-square-foot "destination" was one of its most extensive refurbishment projects and promised six individual "multi-sensory worlds". A spokesman said the store focused on themes rather than gender,... Continue Reading →

ME luxury market to grow 15%

Global luxury goods sales are defying initial concerns over Eurozone turmoil and fears of a cool down in emerging markets, and will exceed €200 billion in 2012. This is according to global consultancy firm Bain & Company's just unveiled Spring 2012 Update to its industry bellwether "Luxury Goods Worldwide Market Study." Bain further revealed that... Continue Reading →

Saudi Savola's net profit up 48%

(MENAFN - Arab News) The Savola Group announced its interim consolidated financial results for the six-month period ended June 30. According to the Tadawul website, Savola achieved net income of SR 341.3 million for Q2 ended June 30, 2012, an increase of 48 percent compared to the same quarter last year of SR 230.7 million... Continue Reading →

Coach Reels in $44M Judgment Against U.S.-based Counterfeiters

Coach Inc. scored a $44 million judgment against a U.S.-based mother-and-daughter duo operating Web sites advertising and selling counterfeit Coach handbags. The case, which was filed in Manhattan federal court, stands out from similar Internet counterfeiting suits because the defendants, Linda and Courtney Allen, reside in Syosset, N.Y. Typically, these cases involve foreign-based Web operators... Continue Reading →

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