Trollbeads announces first UK concept store

Danish charm bead jewellery brand Trollbeads announced it will open its first UK concept store at 21 Market Street, Cambridge, this November. Trollbeads announces first UK concept store Trollbeads UK chief executive said: “The location, in a busy shopping street at the centre of the beautiful city of Cambridge, is a perfect beginning for us... Continue Reading →

Tesco to be investigated by Serious Fraud Office

The Serious Fraud Office is to investigate Tesco over the accounting irregularities that created a £263m shortfall in the company’s profits. The SFO has notified Tesco that it will launch a formal criminal investigation into accounting practices at the company. The intervention by the SFO heightens the crisis facing Britain’s biggest retailer, which attempted to... Continue Reading →

Alibaba shares rocket as CEO hints at potential m-commerce deal with Apple

Shares in Alibaba climbed above USD 100 during yesterday's trading after executive chairman Jack Ma said he would consider working with Apple on m-commerce strategies. The rocket in stock price meant the e-commerce giant's market capitalisation exceeded the USD 248 billion mark. Conversely, Wal-Mart's market capitalisation fell to around USD 247.5 billion, according to intraday... Continue Reading →

The ‘best-performing’ retail CEOs in the world

While retail can get swept up in the newest cross-channel strategy and payment technologies, it’s a company’s long-term vision that ultimately determines longevity in this sometimes volatile sector. Harvard Business Review recently released its annual list of the 100 best-performing CEOs in the world, assessing the heads of companies in the S&P Global 1200 by... Continue Reading →

Bally opens flagship store in London

Swiss luxury brand BALLY (owned by JAB Holdings) unveiled today the new London flagship store designed exclusively by David Chipperfield Architects, located at 45-46 New Bond Street, London’s prime luxury shopping destination. The interior design has been inspired by a historical image from the archive of shoe boxes lining the wall in a Bally store... Continue Reading →

Prada opens two new stores in Mexico

Prada opened this week two new stores in Mexico, one in Cancun (420 sqm) at the La Islae Mall and the other one in Mexico City (250 sqm) on Avenida Presidente Masaryk. Both new Prada stores feature men’s and women’s ready to wear, accessories and leather-wear. The two new openings bring the total number of... Continue Reading →

Mr Price shares rise as much as 3.51%

SHARES in cheap-chic retailer Mr Price rose as much as 3.51% on Thursday after the group said it expected earnings to increase as much as 24%. The value retailer, whose budget-conscious offerings continue to appeal to shoppers, is bucking the broader retail trend of slower growth and stealing market share from higher-priced players such as... Continue Reading →

Debenhams FY profit down 21%

Debenhams on Thursday morning posted a 20.6 per cent decline in full year profit, in line with market expectations as the business focused on ‘long-term sustainable growth’ and addressing the issues it of its first half operational losses. Britain’s second largest department store chain said underlying pretax profit came in at £110.3 million in the... Continue Reading →

Crocs shuffles management team

Niwot, Colo. -- Crocs Inc. is enacting several key management changes, including the appointment of Bob Munroe to general manager of Crocs Americas region; Greg Sullivan to the new role of senior VP of global business transformation; Scott Yuan to general manager of Greater China; and Michelle Poole to senior VP of global product creation... Continue Reading →

H&M opens first store in the Philippines

Thousands queued for the grand opening of H&M's flagship store in the Philippines on 17 October following a shopping party two nights before. Dance music, surprises, best prices and a giant shopping bag sitting on top of SM Megamall’s Fashion Hall greeted shoppers. CEO Karl-Johan Persson led the ribbon cutting ceremony with Magnus Olsson, Country... Continue Reading →

Pick n Pay to expand into Ghana

As Ghana's growth surpasses that of South Africa and its consumers become more receptive to new brands, Pick n Pay has decided to grab the opportunity to expand into this market South African retail gian Pick n Pay says it is casting its net wider to catch more business opportunities as it looks to venture... Continue Reading →

Hackett to open City of London store

British menswear brand, Hackett London is set to open a new store on Old Broad Street in the City of London in November. The 150 sq m space will incorporate Hackett's signature Georgian influences as well as introduce new sleek and modern elements. The store will be divided into five different rooms, all joined by... Continue Reading →

Prada opens new store in Sao Paulo, Brazil

The new Prada store in Sao Paulo is located within the Citade Jardim Mall. It covers a total area of 415 square metres on a single level and houses the men’s and women’s ready-to-wear, bags, accessories and footwear collections.The façade, clad in black Marquina marble and framed by polished steel profiles, is characterised by a... Continue Reading →

Jessops stores to open in Sainsbury’s

Camera retailer Jessops has today (8 October) opened the first of a number of shops in Sainsbury's supermarkets. The Jessops Photography Store in the Sainsbury's Superstore in Newport, South Wales, will be followed by further sites at Waterlooville in mid-December and Maidenhead in January 2015. The new Jessops Photography Stores will include a photo-print service... Continue Reading →

Rents at Dubai’s major malls surge 25%

Retail rents in Dubai’s major malls have risen by 25 percent in the last year, according to industry sources. Demand from retailers is outstripping supply, with rents having reached over AED6,000 ($1,633) per square metre, compared to AED4,800 per square metre last year, according to David Macadam, the chief executive of the Middle East Council... Continue Reading →

Harrods faces backlash against Qatari owners

London’s famous department store Harrods is facing a boycott in a protest against its Qatari owners. The protest is centred on Qatar’s alleged links to funding terrorist organisations or turning a blind eye to financiers operating out of Qatar, according to the UK’s The Telegraph newspaper. Harrods was bought by Qatar Holdings, part of Qatar... Continue Reading →

Landmark to open 20 stores in Egypt

Dubai: Landmark Group is planning to open 20 stores in Egypt in the next 12 to 24 months, according to the group’s top executive. The Dubai-based retail and hospitality group is investing around Dh400-500 million for the expansion, said Vipen Sethi, the group’s chief executive. “We will bring [the stores] into Cairo, we will see... Continue Reading →

Create a free website or blog at

Up ↑