New Donnybrook Fair store creates 20 jobs

Donnybrook Fair will open its fifth fine food store in Dublin, creating up to 20 new jobs in May. The new shop will be located at Gallery Quay in Dublin and will create up to 20 new jobs, bringing the total number employed by Donnybrook Fair to over 280. The new store will be managed... Continue Reading →

Dubai’s Deira City Centre set to get Dh22 million facelift

Deira City Centre is set to become the latest of Dubai's older malls to receive a multimillion dirham upgrade. The Dh22 million (US$5.9m) project will revamp the centre court to make it more airy, create easier metro access and upgrade the food court. "This announcement is in line with Deira City Centre's vision to transform... Continue Reading →

Abercrombie & Fitch to open in Dubai

MAF Fashion says store confirmed for 2014 opening Majid Al Futtaim (MAF) Fashion has signed an agreement with Abercrombie & Fitch Co. to see iconic American lifestyle brand make its Middle East debut. Hot on the heels of its recent announcement to bring Hollister to the region, Majid Al Futtaim Fashion, the retail arm of... Continue Reading →

Victoria Beckham launches e-commerce site

For the first time, those wanting to snap up Victoria's Beckham's creations will be able to do so directly from the designer herself from today. has evolved from an online Lookbook to an e-commerce site housing the Spice Girl-turned-designer's handbags, denim, sunglasses and Victoria, Victoria Beckham line. The site will be t he only... Continue Reading →

Forever 21 opens first Scottish store

American fast-fashion retailer Forever 21 has unveiled is latest UK store on one of Scotland’s busiest shopping streets in Glasgow. Located within the new 70 million pounds retail development, Buchanan Quarter on Buchanan Street in Glasgow, Forever 21 has opened a 61,000 square foot store to mark the largest-ever letting on the street. The store... Continue Reading →

4G could boost UK retail by £1.8bn

Super-fast network 4G could boost the UK retail sector by £1.8 billion, new research released today reveals. Representing a 113 per cent year-on-year rise in mobile shopping, the introduction of 4G will compliment changing consumer behaviour, according to online marketplace eBay, which commissioned analyst firm Conlumino to conduct the survey. Using your mobile to shop... Continue Reading →

Cath Kidston to expand into Spain

Fashion and homewares retailer Cath Kidston is to expand into Spain as it looks to roll out concessions across the El Corte Ingles chain of department stores. The move represents the retailer's first entry into continental Europe. According to The Telegraph, the retailer is in talks to extend its concessions to around 80 El Corte... Continue Reading →

H&M opens first store in Chile

More than 2,500 people queued for over 12 hours for the opening of H&M's first store in Chile at the weekend. The 2,600 sq ft flagship store in Santiago’s Costanera Center carries H&M’s complete range of fashion and accessories for women, men, and children as well an exclusive collection created for the Chilean market. Macu... Continue Reading →

Salvatore Ferragamo Profits Up 30%

Global retail and wholesale growth and gains in footwear and leather goods lifted Salvatore Ferragamo SpA’s net profit 30 percent in 2012 to 106 million euros, or $135.7 million, compared with 81 million euros, or $112.6 million, in the previous year. The Florence-based company also attributed the improvement to a 10 percent reduction in the... Continue Reading →

UAE’s Landmark adding stores online

The UAE's Landmark Group is looking to boost its online sales by introducing more of its brands and shops to the Middle East e-commerce market. The company, which in December launched e-commerce sites for three of its retail brands, Emax, Babyshop and Splash, is focusing on the online world to drive growth. "The plan is... Continue Reading →

Hermes FY Net profit Leaps 24.6%

Hermès International said net profits shot up 24.6 percent last year thanks to robust demand for its leather goods, silk scarves and perfumes. The luxury firm said net income totaled 740 million euros, or $951.5 million, versus 594 million euros, or $827.1 million, in the year-ago period. Hermès also noted its operating margin, which widened... Continue Reading →

Next chief executive Lord Wolfson hits out at ‘incompetence’ of local councils

Lord Wolfson, the chief executive of Next, has accused local councils of “Luddite intransigence and incompetence” for rejecting planning permission for new stores and threatening Britain’s economic recovery. Lord Wolfson warned that 2013 had so far been “quiet” with Next’s sales “at the bottom of our target range” He said planning “remains a problem” for... Continue Reading →

Freemans to Open Tokyo Flagship

Freemans Sporting Club is headed east � Far East. The trendy New York City-based retailer will open a flagship in Tokyo next month and two additional stores in Japan over the next two years. Freemans, a favorite of hipsters since opening on the Lower East Side seven years ago, currently operates two stores in New... Continue Reading →

Paris Gallery eyes South Africa expansion

Paris Gallery eyes South Africa expansion CEO Mohammed AR Al Fahim Dubai-based luxury retailer Paris Gallery, well known for its perfumes, is close to signing a deal to open two stores in South Africa in what will be the company’s first move outside the Middle East. Paris Gallery CEO Mohammed Abdul Rahim Al Fahim told... Continue Reading →

H&M unveils Conscious Exclusive Collection

When Helen Hunt stepped out onto the Oscars red carpet wearing eco-friendly H&M , the Swedish high-street brand promised us that similar celebrity-worthy pieces would be hitting stores soon - and they've kept their word. Today the chain unveiled their Conscious Exclusive Collection, which will land in stores on April 4. As part of H&M's... Continue Reading →

New Al Ain mall set to open in August

Wahat Hili Mall, a new shopping mall project in Al Ain, will be completed and opened to the public in August, officials have announced. Saeed Al Dhaheri, CEO of Wahat Hili Mall, said he expected 175,000 visitors per week to the shopping centre by the end of this year. Wahat Hili Mall's biggest anchor, Géant... Continue Reading →

JCPenney Has Launched Its Last, Best Hope

JCPenney is on the brink, and now, all eyes are on the struggling retailer's gigantic launch of a new shop. Canadian fashion brand Joe Fresh will be entering a whopping 681 JCPenney stores simultaneously Friday morning. When the deal was announced last July, it was just one of many moves CEO Ron Johnson was making... Continue Reading →

Morrisons announces plans for online launch

UK supermarket chain Morrisons (LSE:MRW) announced today that it will start selling groceries online by the end of January 2014 in an effort to catch up with its rivals. Tesco, Sainsbury’s and Asda have been selling over the Internet and delivering to customers for a number of years and the sector is growing fast. Morrisons,... Continue Reading →

Truworths leads the plunge

Johannesburg - Truworths International Ltd. led a decline in South Africa’s consumer stocks, which fell the most in a month as spending contracted for the first time since 2009. The FTSE/JSE Africa General Retailers Index dropped as much as 2.6 percent, the biggest intraday fall since February 14, and traded 1.4 percent lower at 62,886.01... Continue Reading →

Inditex Profits Up 22%, Expansion Rolling On

Inditex SA, Europe’s largest clothing retailer, is charging full-steam ahead, expanding its physical stores as well as its online presence worldwide. In tandem with reporting a 22 percent jump in 2012 net profits, the parent of the Zara chain said it would open between 440 and 480 new locations this year. “There is room for... Continue Reading →

Bulgari Assets Seized

Italy’s tax police have confiscated real estate properties, including a site in Rome's Via dei Condotti, life insurance policies and corporate investments traceable to Bulgari executives for a total value of 46 million euros, or $60 million at current exchange, according to a release issued by the Guardia di Finanza, an Italian police force under... Continue Reading →

French Connection reveals £10.5m loss

French Connection was founded by Stephen Marks in 1972 but endured a torrid 2012 French Connection has slumped to a £10.5m loss after suffering "very difficult" trading particularly at Christmas. Stephen Marks, the fashion chain's chairman and chief executive, hoped the company would return to profit by 2015 having lost £1m in the festive season... Continue Reading →

Dior to take over Harrods

French fashion house Dior will take over iconic London department store Harrods for one month with a series of spectacular in-store exhibitions, events and exclusive products. French fashion house Dior will take over famed Knightsbridge department store Harrods this Saturday until April 14. The invasion will consists of nine separate pop-up shops-in-shop, exclusive products and... Continue Reading →

Asda considers HMV bid

By Graham Ruddick9:45AM GMT 12 Mar 20135 Comments HMV collapsed into administration in January and more than 100 stores are set to be closed. Restructuring specialist Hilco has bought HMV's debt and is in pole position to acquire the retailer, however, Asda could now launch a late bid to try to take control of HMV.... Continue Reading →

Rent the Runway Gets $24.4M in Funding

Rent the Runway closed on its third round of financing, raising $24.4 million. The round was led by Advance Publications Inc., the parent company of Condé Nast and Fairchild Fashion Media, parent of WWD, and includes American Express and Novel TMT Ventures. Previous investors — Bain Capital Ventures, Highland Capital Partners and Kleiner Perkins Caufield... Continue Reading →

Shiseido CEO Stepping Down

Shiseido Co. Ltd. said Monday that president and chief executive Hisayuki Suekawa is stepping down as of at the end of the month for health reasons. Shiseido said that chairman Shinzo Maeda will resume his role as president of the company as of April 1. Maeda, 66, was president and chief executive prior to Suekawa's... Continue Reading →

Jordan to build $1bn hotel

The ancient city of Petra is the region's biggest tourist draw A $1bn 475-room luxury hotel operated by Hilton Hotels, will be co-developed by Onix Investments and Koni Konsultants, both from Singapore and Koni Group of Orlando, in Jordan, the Jordan times reported. The hotel will be located at the southeast corner of the airport... Continue Reading →

Lulu blazes a retail trail in Kerala

KOCHI // The Abu Dhabi-based retail group Lulu is aiming to expand across India, after opening its first mall in the subcontinent. The group yesterday launched its 16 billion rupee (Dh1.08bn) shopping centre in Kochi, a port city on the Arabian Sea in the state of Kerala. "The chief minister [of Kerala] has requested me... Continue Reading →

UAE’s Tejuri launches new online retail venture

UAE's Tejuri launches new online retail venture A new online retail venture selling more than 150 international and local brands has been launched in the UAE., an e-shopping mall, has been endorsed by the Department of Economic Development (DED) and features DED accredited retailers across many retail sectors. These include Sharaf DG, Reebok, Marina... Continue Reading →

Ireland’s top 300 richer than Ecuador

IRELAND'S 300 wealthiest people now have a combined fortune valued at more than the entire state of Ecuador. The Sunday Independent Rich List 2013 reveals that the country's billionaires and multi-millionaires have a net worth of more than €66bn, which is larger than the South American country's GDP. ALSO IN THIS SECTION Pixy must cast... Continue Reading →

Gucci’s London Store Gets Ram-Raided

The Gucci flagship store on Sloane Street in London was open for trading on Thursday after it was the victim of a ram-raid shortly before 10 p.m. GMT on Wednesday night. According to the Metropolitan Police, the thieves used a stolen black Mercedes to reverse into the store, smashing the doors. It is believed that... Continue Reading →

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