American Eagle confirms UK arrival

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 opens new mega-store in Turin, Italy

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 →

Juicy Couture expands in the Middle East

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 →

Versace opens in Hong Kong largest store in Asia

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 →

Cabela’s plans 20 new Canadian stores

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 →

Uniqlo ready to set up 1000 stores in India

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 →

Wonderbra owner sold for £320m

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 →

Annual retail sales tops $66bn in the UAE

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 →

Toys R Us fires CFO

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 closing US stores

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 to open first station branch

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 opens largest store in New York

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 →

Dior opens three renovated stores in North America

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 →

Aus puts $2bn Woolies takeover vote on ice

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 →

American Apparel boots out founder CEO Dov Charney

(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 →

Mothercare could cut up to 500 jobs

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 →

Givenchy opens new store in Manila, Philipinnes

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 →

TK Maxx to create 90 jobs in Dublin

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 →

Lidl to enter US market

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 →

Wal-Mart names new CEO of e-commerce

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 →

Galeries Lafayette to open in Milan

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 →

In pictures: Iran’s biggest shopping mall keeps growing

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.

American Eagle to open UK stores

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 →

French footwear brand Faguo picks up UK agent

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 →

Prada Group expands in Thailand

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 →

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