American Eagle Outfitters, one of the biggest fashion retailers in the US, has confirmed that it is going to open its first stores in the UK at Westfield's London shopping centres and Bluewater in Kent. Simon Nankervis, executive vice-president for American Eagle, said there is "a tremendous global appetite" for the American Eagle brand and... Continue Reading →
Prada opened this week a new store in Turin, in Northen Italy, within a historical palace. The new Prada store covers an impressive 1,200 sqm on two floors and is situated in the heart of the city in Piazza San Carlo, with an entrance also on via Lagrange. The new lavish Prada store in Turin... Continue Reading →
Iconic high street retailer, Argos, has announced Henrietta Baring as the new figurehead who will drive the company’s supply chain. The newly created position of Head of IT, Commercial and Supply Chain has been designed especially for the arrival of Baring, in order to help the British brand become a ‘digital retail leader’ in the... Continue Reading →
Dubai: Following the recent announcement that it will close all of its US stores, Juicy Couture, an American brand known for its women’s tracksuits, is expanding in the Middle East with the opening of two stores, one in Abu Dhabi and one in Doha, by the year-end, the company said on Thursday. The store in... Continue Reading →
A blessed Ramadan Kareem to all our followers
Versace opened last week its second store in Hong Kong, its largest in Asia, at the Gateway Arcade. Spread over 720 sqm, the new Versace store was designed by Donatella Versace in collaboration with British designer Jamie Fobert. The store features both men’s and women’s ready to wear, handbags, shoes and other accessories. To celebrate... Continue Reading →
Dolce&Gabbana has expanded its menswear flagship store in Milan on Corso Venezia 15 and inaugurated its first atelier for bespoke clothes. The new space, which is housed in the same 16th century neoclassical palazzo, which has been home to the men’s flagship store, is the result of a meticulous restoration project of all the remaining... Continue Reading →
Sidney, Neb. – Cabela’s Inc. reportedly plans to open 20 new Canadian stores by 2016. According to the Financial Post, the retailer, which currently operates five stores in Canada, will open its sixth in Barrie, Ontario, on July 10. Other planned locations for new Canadian stores include Nanaimo, British Columbia in fall 2014 and Moncton,... Continue Reading →
NEW DELHI: Japanese retail giant Uniqlo on Wednesday suggested that it will open up to 1,000 stores in India in the coming years to tap into the growing consumption story and announced a strategy to source garments from the country. Two sources familiar with the development told TOI that Uniqlo chairman and CEO Tadashi Yanai,... Continue Reading →
The owner of underwear brand Wonderbra has been sold for €400m (£320m) to US T-shirt company Hanes. DBApparel, which also owns lingerie brand Playtex and sportsbra brand Shock Absorber, has been under private equity group Sun European Partners' ownership since it bought the business from the US dessert group Sara Lee in 2006. Since then,... Continue Reading →
Fashion retailer Jane Norman is to disappear from the high street after its owner put it into administration. The UK brand has had financial problems in the past with its current owner, Edinburgh Woollen Mill, buying a pared down version of the chain out of administration in 2011. In a statement confirming the appointment of... Continue Reading →
The GCC continues to show strength as a dynamic retail market with four countries ranked among the top 25 in the 2014 AT Kearney Global Retail Development Index (GRDI). Factors influencing the growth of the regional retail industry include the construction and infrastructure boom, a growing and young population, strong GDP growth, and increasing consumer... Continue Reading →
South African retail giant Woolworths Tuesday announced a bid to buy out Australian fashion chain Country Road as part of its plan to takeover prestigious department store David Jones. Woolworths already owns 87.88 percent of Country Road but is offering Aus$17.00 per share for the remainder -- a 21.4 percent premium on Monday's close, it... Continue Reading →
Wayne, NJ-based Toys R Us last week disclosed in a regulatory filing that it has let go its chief financial officer F. Clay Creasey Jr. The company didn’t state a reason for Creasey’s firing. Michael J. Short, who recently left AutoNation as chief financial officer, replaced Creasey effective Monday. The toy retailer is in the... Continue Reading →
Juicy Couture is closing its U.S. stores and its merchandise will be available only through Kohl’s department stores in the U.S. and in stores abroad. The brand had been sold late last year by Kate Spade & Co. to New York City-based brand development and licensing company Authentic Brands Group. Juicy Couture was hard hit... Continue Reading →
Waitrose is to open its first shop at a railway station this summer as it looks to grow its presence in both the travel and convenience sectors. The retailer has reached an agreement with Network Rail to open a 2,500 sq ft little Waitrose branch at London’s King’s Cross station which will create up to... Continue Reading →
Urban Outfitters has opened its largest store on Broadway in the heart of Herald Square. The 56,000 square foot space spreads over several floors, bringing together Urban Outfitter’s clothing lines as well as beauty products, accessories, books and music. It’s worth noting that a large section has been reserved for beauty, bringing together 45 national... Continue Reading →
Acording to local business publication El Comercio, major international luxury brands such as Prada, Louis Vuitton and Gucci are actively seeking entry into the Peruvian market, joining already operating luxury brands with mono-brand stores in Peru, in the capital city of Lima: Salvatore Ferragamo, Ermenegildo Zegna, Hugo Boss and Tag Heuer – all operating in... Continue Reading →
LONDON (Reuters) - British online fashion retailer ASOS said on Saturday it had been forced to suspend orders and take down its website following a fire at its main warehouse which police believe was started deliberately. About 500 workers were forced to evacuate the warehouse in Barnsley in northern England after the blaze broke out... Continue Reading →
PARIS, France - English luxury handbag maker Mulberry's like-for-like retail sales fell 15 percent in the 10 weeks to June 7, it said on Thursday, after an ill-fated upmarket drive, now being reversed, took its toll on demand. The brand, associated with its signature postman's lock inspired by the catch on a English postman's satchel,... Continue Reading →
Following renovation and redesign works, Christian Dior has reopened this week three boutiques in North America – Aspen and New York (Americana Manhasset shopping centre) in the U.S. and in Toronto (Canada) at the Yorkdale Mall. All three stores have been remodelled following the new global concept which is inspired by the Dior flagship store... Continue Reading →
Apple's new retail chief Angela Ahrendts is only in her second month at work, but she's already preparing to make some big changes, according to a new report. According to 9to5Mac's Mark Gurman, Ahrendts plans to launch a slew of new Apple stores around the world in regions such as China, Italy, and the United... Continue Reading →
The National Geographic store aims to capture both children and adults with its Dublin outlet, which will carry books and magazines as well stationery, maps globes, luggage, clothing, accessories and children’s products IRELAND. National Geographic opened its first Irish store on The Loop shopping street at Dublin Airport Terminal 1 this week. The 135sq m... Continue Reading →
Sydney - Australian department store operator David Jones said it will postpone a shareholder vote on a $2bn takeover bid from Woolworths Holdings [JSE:WHL] until mid-July, after Australian billionaire Solomon Lew took a 9.89% stake. David Jones, the country's No 2 retailer by sales, said on Thursday it has obtained court permission to postpone the... Continue Reading →
(Reuters) - Clothing and accessories retailer American Apparel Inc ousted its controversial founder Dov Charney as chairman effective immediately and moved to fire him as CEO and president following an ongoing investigation into alleged misconduct. Charney, who has been repeatedly targeted in sexual harassment lawsuits, will be terminated for cause after a contractual 30-day cure... Continue Reading →
Diesel Black Gold, the premium label of Italian denim-wear company Diesel (OTB Group), inaugurated today, durind London’s Men Fashion Week, its new global store concept. The new Diesel Black Gold store in London which covers 250 sqm is located in fashionable Mayfair at 21, Conduit Street. The store was conceived by Diesel Black Gold’s Creative... Continue Reading →
As part of restructuring plans, Mothercare Plc could cut as many as 500 customer service adviser roles. According to The Times, the baby and maternity specialist plans to reduce the hours of staff who work 24 hours or more every week. Employees who do not accept the reduced hours could be made redundant, putting 500... Continue Reading →
Manchester Airport has welcomed a brand new retailer to Terminal 1, toy and gadget retailer Wizz. Wizz was established in the United Arab Emirates in 2002 and was a popular fixture in the major shopping malls of Dubai before expanding in airport duty free shops across the Middle East. Steven Foster, head of retail for... Continue Reading →
Givenchy opened this week a new store in Manila, Philippines within the Makati mixed-used complex. The new Givenchy store in Manila covers 110 sqm and is entirely dedicated to men’s and women’s accessories – shoes and handbags. The new opening is part of Givenchy’s accelerated international retail expansion, with mono-brand stores, the most recent openings... Continue Reading →
In pre-market trade, shares of Express are up more than 25%. In a press release, Express confirmed receipt of Sycamore's letter to the board, and adopted a "poison pill" provision which prevents any shareholder from acquiring more than 10% of the company. Before Sycamore announced their intentions, shares of Express had been down more than... Continue Reading →
Fashion retailer TK Maxx has said it will create 90 jobs with the opening of a new of a new shop in Dublin today. The shop, which is located in the Ilac shopping centre, will be the discount clothes retailer’s 17th Irish outlet and its fifth store in Dublin. A typical TK Maxx store stocks... Continue Reading →
Marks & Spencer Group Plc (MKS), the U.K. clothing retailer and grocer, is seeking store locations in Tokyo as part of a plan to accelerate growth in Asia to offset sluggish growth at home. Australia, Taiwan and Vietnam are also under consideration as new markets, Bruce Findlay, the London-based company’s Asia chief, said in an... Continue Reading →
Lidl is planning to move into the US market. While the retailer is currently represented in 26 European countries, the company is starting to look at the US for future growth. According to Aoife Clarke, head of Communications for Lidl Ireland, members of the Lidl team are currently in the US doing a feasibility study... Continue Reading →
Fernando Madeira, who has been Wal-Mart Stores Inc.’s president and CEO of Walmart eCommerce Latin America for the past two years, has been named to succeed outgoing walmart.com president and CEO Joel Anderson. Anderson is leaving to become president of teen discount retailer Five Below. Madeira will retain his Latin America job and also take... Continue Reading →
Alexander McQueen opened this week its first flagship store in Tokyo in the district of Aoyama district. The new store which covers 390 sqm on two floors was designed by creative director Sarah Burton and David Collins Studio. Inside the new Alexander McQueen flagship in Tokyo, the brand cites “flora and fauna, real and imagined;... Continue Reading →
According to several Italian media, French department store operator Galerie Lafayette has confirmed it will open a unit in Milan within the future Westfield Milan shopping complex, in the area of Segrate (10 minutes from Milan downtown), near the Linate Airport (closest airport to Milan). The project is jointly developed by Arcus Real Estate (Percassi... Continue Reading →
French luxury maison Christian Dior inaugurated this week a new Dior Baby / Dior Kids boutique in Paris on Rue Royale. Under a ceiling painted by the artist Matthias Kiss, those entering have the illusion of looking out a window onto the rose garden of the house at Granville where Christian Dior, himself, grew up.... Continue Reading →
Sainsbury’s is to launch a new click and collect service where shoppers can pick up their online grocery orders from London Underground station car parks. The service will start operating this summer from seven stations which will include Oakwood, Totteridge & Whetstone, Woodside Park, Leytonstone, Loughton, Debden and South Woodford. Customers who place their order... Continue Reading →
Isfahan City Center, a commercial and entertainment centre, is the largest shopping mall in Iran. Covering approximately 6,500,000 square feet, the mall which is still under construction will include a five-star hotel, a financial centre and an entertainment centre with cinema and fair complex.
One of the biggest fashion retailers in the US, American Eagle Outfitters, is poised to arrive in the UK The fashion chain is in talks to open a store at Westfield’s Stratford City shopping centre, as well as at its west London centre and Bluewater in Kent. American Eagle, which is advised in the UK... Continue Reading →
South African retail billionaire Christo Wiese has created a shell company in the UK, as he looks to begin discussions about taking over fashion retailers in the country. Pepkor UK is named after Wiese’s retail investment group Pepkor, which manages a portfolio of value-market chains including Pep and Ackermans in South Africa and Best &... Continue Reading →
Primark is said to be close to completing a deal to buy an entire shopping centre in Birmingham for £60 million. The fast fashion discount retailer is said to be looking to transform the Pavilions shopping centre in Birmingham into one of the country’s biggest Primark stores. According to the Telegraph, Primark has been in... Continue Reading →
North and South Footwear has been appointed as UK and Ireland agent for footwear and accessories brand Faguo. Founded in 2009 by then 22-year-olds Frédéric Mugnier and Nicolas Rohr, the Paris-headquartered brand is currently sold in 450 stores across 23 countries. The spring 15 collection will be premiered at the next edition of Who’s Next,... Continue Reading →
New Delhi: American garment retailer Gap Inc. is set to open its stores in India early next year. The company is close to signing a franchisee deal with Arvind Ltd which is expected to be announced in the coming weeks, people familiar with the development told ET. Gap has almost sealed the deal with Ahmedabad-based... Continue Reading →
Fashion company Burberry handed Christopher Bailey, promoted to chief executive last month, a one-off award of shares worth almost £15m last summer. The award of the shares, which are not related to performance, was revealed in the annual report, which also showed that Bailey was handed another one-off award of shares in December 2010 worth... Continue Reading →
Morrisons is expected to reveal a management restructuring within its store operations in the coming weeks, with up to 2,000 jobs on the line under the changes. According to the Guardian, the UK’s fourth largest supermarket has been looking at a slimmed-down structure for its management, with the job cuts likely to affect managers overseeing... Continue Reading →
The cycling business run by former Olympic champion Chris Boardman has been bought by the UK bicycle and car parts retailer Halfords. Chris Boardman has been designing Boardman Performance Series bicycles for Halfords since 2007. Halfords would not disclose the value of the deal, but it's thought to be worth around £15m ($25m). Chris Boardman,... Continue Reading →
Prada Group has recently opened two new stores for its main labels Prada and Miu Miu in Bangkok, Thailand. Both new openings are located within the Central Embassy Mall. The new Prada store in Bangkok, the fourth in the Thai capital, covers 530 sqm on two floors and offers ready to wear and accessories for... Continue Reading →
French luxury house Hermès has recently confirmed its retail expansion plans for China in 2014. The landmark opening of 2014 for Hermès will be a Maison store, fifth in the world, in Shanghai. Other openings in China include Chengdu where Hermès will open a larger store in a new location, and Beijing with a new... Continue Reading →
Milton Keynes, UK, 2014-6-3 — /EPR Retail News/ — Argos is launching a new home and furniture brand designed to respond to modern living as part of its drive to significantly develop and grow its own-brand business. The new brand – ‘Heart of House’ – will be available to customers this summer with a choice... Continue Reading →
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