SA consumers vote Edgars as icon brand

Johannesburg - Edgars has been appointed winner in a number of categories in 2014’s Target Group International (TGI) Icon Brand Survey - the largest consumer survey of its kind in Africa. The Icon Brand Survey had over 15 000 consumers interviewed across socioeconomic levels. Edgars has been selected by consumers as Best Mens Store, Best... Continue Reading →

Harrods unveils ultra-luxury shoes section

Harrods London will unveil its largest project to date this week, a 42,000-square-foot shoes haven (three times the size of the previous space) designed by David Collins Studio. The space which is conceived to resemble a luxurious hotel suite will feature an array of the finest luxury ladies shoes brands, including Manolo Blahnik, Christian Louboutin,... Continue Reading →

Joe Fresh stores expand in KSA

JEDDAH - Loblaw, owner of the Joe Fresh brand, in partnership with Fawaz A. Alhokair & Co., has announced the opening of the first three Joe Fresh stores in Saudi Arabia. The first 4,800sq ft store in Mall of Dhahran opened on July 2, 2014, followed by the 4,500sq ft in the Sahara Mall which... Continue Reading →

Aldi poised to overtake Waitrose

Aldi is poised to overtake Waitrose to become the sixth largest grocery retailer in the UK as initiatives to expand its customer base helped it to double-digit sales growth, according to the latest figures from Kantar Worldpanel. Video: Aldi’s latest campaign encouraging consumers to switch to the discounter. For the 12 weeks to the 20... Continue Reading →

Tod’s opens first men’s only store in Hong Kong

The store offers a large selection of Tod’s collection of men’s ready-to-wear, bags, shoes, leather goods, and the J.P.Tod’s Sartorial Collection. Located at the Landmark Mall, the store’s interior is modern understated luxury that features the use of materials such as Hamman leather on walls, and diamond patterns on the marble floor.

Michael Kors opens new store in Palermo, Italy

Michael Kors opened this week its first store in Sicily, in the city of Palermo. Situated on via della Libertà, the new Michael Kors lifestyle store which covers 380 sqm, features the Michael Kors and MICHAEL Michael Kors labels, with a wide rannge of product categories: ready to wear, watches, jewellery, shoes and eyewear.

Wal-Mart US CEO Bill Simon to retire

Dive Brief: Wal-Mart Stores announced Thursday that the CEO of the Wal-Mart US division will retire, effective Aug. 8. Bill Simon, who has been in the role since June 2010, will receive $4.5 million as part of his retirement agreement. Greg Foran, currently president and CEO of Wal-Mart China, will take over Simon's position. Dive... Continue Reading →

Fortnum & Mason to open at Heathrow T5

Fortnum & Mason has announced plans to open its first standalone airport store and bar, at Heathrow Terminal 5. The 93 sq m outlet will carry an edit of products from the retailer's Piccadilly store and is expected to open on 31 October. The Fortnum & Mason Bar will celebrate the best of Fortnum's Food... Continue Reading →

Versace opens new store in Moscow

The new 250 sqm Versace stand alone store in Moscow is located at in Stoleshnikov 12. The boutique, featuring mosaics inspired by Byzantine churches of the ninth century, houses the prêt-à-porter and accessories for men and woman of the house. The opening was celebrated with the launch of a limited edition of the iconic Signature... Continue Reading →

Uniqlo is ready to open 1,000 stores in India

While Fast Retailing is currently looking for suppliers in India, its flagship brand Uniqlo may open a thousand stores in the country, over the next ten years. Uniqlo has recently launched its new Paris flagship That’s according to Times of India. Sources familiar with the matter told the newspaper that during the recent visit of... Continue Reading →

Gap to enter Slovenia, Austria

San Francisco -- Continuing its global growth, Gap Inc. on Monday announced that it will introduce the Gap brand to Slovenia and Austria through agreements with new and existing franchise partners. Magistrat International, a new partner, has been selected for the launch of Slovenia. Gottex, which currently manages the Gap franchise business in Israel and... Continue Reading →

Marc Jacobs appoints new CEO

Marc Jacobs appoints new CEO Sebastian Suhl is leaving his role as CEO of Givenchy to take Marc Jacobs's eponymous label into the next chapter From September, Marc Jacobs International will have a new boss. Step forward New Yorker Sebastian Suhl, the man described by WWD, who broke the news, as one of the "most... Continue Reading →

India Reliance posts record $1-billion Q1 profit

Indian retail-to-energy group Reliance Industries Ltd reported a record $1-billion net profit for the financial first-quarter, fuelled by a strong petrochemicals performance. Reliance, controlled by the country's wealthiest man Mukesh Ambani, announced net profit for the three months to June climbed by a better-than-expected 13.7 percent to 59.57 billion rupees ($1 billion) in the same... Continue Reading →

Lisney : Dublin retail update q2 2014

download the report here"....... Overview Halfway through 2014 and the positive reports of falling unemployment, good consumer sentiment and increased retail sales has impacted on the retail property market. The recovery is evident on the prime high streets in Dublin and in key out of town shopping centres where demand is strong and vacancy rates... Continue Reading →

Stella McCartney to expand in China

Stella McCartney is expanding its retail presence in China with two more stores in China, reports WWD, adding to the existing stores (one in Beijing and two in Shanghai). Its first store in Chengdu at Daci Temple will open in November. A second Beijing store at the Shin Kong Place is slated for October. Adidas... Continue Reading →

Microsoft to sack 6,000 staff later today

Microsoft is set to announce over 6,000 job cuts later today as the electronics giant continues to trim its newly-acquired Nokia business. The job cuts are also a direct result of Microsoft’s ongoing plan to reshape itself as a cloud-computing and mobile-friendly software business. The cuts come five months into new Chief Executive Officer Satya... Continue Reading →

Dolce & Gabbana launches skincare line

P&G Prestige (division of Procter&Gamble) which licenses the Dolce & Gabbana fragrances, is launching the first Dolce & Gabbana skincare with two collections, having as key ingredient Gold Flavo-Silk Tricomplex. Based on gold silk sericin extract, the active ingredient complex provides intense hydration while enhancing the skin’s radiance. Other ingredients in the new products include... Continue Reading →

CVS Caremark to acquire Navarro Discount Pharmacy

Woonsocket, R.I. — CVS Caremark said Monday that it has agreed to buy the assets of Miami-based Navarro Discount Pharmacy, the largest Hispanic-owned drug store chain in the U.S. The transaction includes Navarro's 33 retail drugstore locations and Navarro Health Services, a specialty pharmacy serving patients with complex or chronic diseases. The transaction is subject... Continue Reading →

John Lewis to open pop-up tea garden

John Lewis will open a pop-up urban garden tea house in Glasgow's Royal Exchange Square from Thursday 24 July to Sunday 3 August to coincide with the XX Commonwealth Games. The space, called Tea on the Green, will serve complimentary afternoon tea, with the option for customers to book in advance online. Situated in the... Continue Reading →


CEO MIDDLE EAST AWARDS 2014 When CEOs speak, they speak to only one magazine – CEO Middle East. In the past seven years, the publication has become the leading voice of business leaders. From Sir Richard Branson to Donald Trump, and from Mohammed Alabbar to Prince Alwaleed, CEOs from across the world have chosen the... Continue Reading →

Hot online beauty company Birchbox opens first store

New York -- Another online retailer has made the leap to the physical space. Beauty subscription company Birchbox has opened its first brick-and-mortar store, in Manhattan’s SoHo neighborhood. The two-level store brings the company’s digital experience to life, with a big emphasis on new products, customer reviews and expert advice. It also offers hair, nails... Continue Reading →

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