During the renovation of its store on P.C. Hooftstraat, CHANEL has opened a temporary store on the same road. The building, called crystal houses, is conceptualized by acclaimed Dutch architecture practice Mvrdv. The project not only represents a mean architectural feat, but also marks the arrival of the purpose-built luxury flagship store – a longtime... Continue Reading →
SOUTH Africans’ desire for new shopping centres has been insatiable, and another mall has entered the fray. After months of anticipation, the R4.9bn Mall of Africa, located next to the N1 highway in Midrand, opened on Thursday. The 131,038m² shopping centre is the largest first-phase completion of a mall in SA to date. It is... Continue Reading →
A decade after the launch of its partnership with beauty retailer Sephora, J.C. Penney will add 60 additional Sephora concessions inside its stores, the company announced this week. More than half of the Sephora concessions will open by the end of the month, and most others will be up and running by mid-June, positioning those... Continue Reading →
Goldman Sachs looks set to be dragged into the growing storm over the collapse of BHS. The House of Commons Business, Innovation and Skills select committee said it will launch an inquiry into what checks were taken to ensure Dominic Chappell and his consortium of mystery investors were the right buyers of the retailer. The... Continue Reading →
Just as the British high street reels from the collapse of stalwart BHS, Austin Reed has fallen under the spotlight and is expected to collapse into administration shortly. According to Sky News, the menswear retailer will officially appoint Alix Partners as administrators at 11am today, risking 1000 jobs. The 115-year old tailoring specialist has been... Continue Reading →
DUBAI, United Arab Emirates - It’s only been two years in the making, but Motiongate Dubai’s development is on schedule; it will open its doors as the biggest theme park in the region this October. And it’s a small company that’s responsible for much of the progress. The Deluxe Group, a Northern Irish company working... Continue Reading →
BHS could file for administration as soon as Monday, after the high-street department store failed to secure a financial rescue package. Talks regarding a £60m deal with investment firm Gordon Brothers have collapsed, meaning its entire 11,000 workforce is potentially at risk. The loss-making company, founded as a single shop in Brixton in 1928, was... Continue Reading →
World’s largest coffee company opens its first store in SA as throngs of fans who had been lining up from night before eagerly awaited their morning fix BY 7.30am on Thursday, when the world’s largest coffee company, Starbucks, opened its first store in South Africa, the throng of fans who had been lining up from... Continue Reading →
The company will focus on growing in Asia and the Middle East this year Dubai: US apparel retailer Abercrombie & Fitch looks to double the number of stores in the Middle East in the next three to five years, according to its top executive. The company has partnered with Dubai-based Majid Al Futtaim Fashion and... Continue Reading →
U.S. department store chain Saks Fifth Avenue has decided to shutter its location in Dubai, United Arab Emirates after nearly a decade. First opened in 2005, Saks’ outpost at the Bur Juman Centre will close on Aug. 31 at the end of its licensing agreement. Established in 1992, Bur Juman is one of Dubai’s first... Continue Reading →
New retail destination will be connected to The Tower, one of world's tallest observation decks Dubai: Dubai is to have a new "mega retail district" at the new masters elopement in the making near Dubai Creek. Part of the Dubai Creek Harbour, the new retail destination could be announced as early as in the next... Continue Reading →
British cosmetics retailer The Body Shop is planning to launch its own e-commerce website in the United Arab Emirates as its growth in the region outperforms the rest of the word. The ethical beauty giant’s chief executive Jeremy Schwartz said the company planned to launch the new website in Dubai in 2017. The CEO claimed... Continue Reading →
New 1,000 square foot space is largest fixed retail offering dedicated to smart home technology in the UK 18 times more people are searching for smart home products on http://www.johnlewis.com, compared to the same time the previous year (Dec 2014 – Dec 2015) Sales of smart home products as a category at John Lewis have... Continue Reading →
In a rare retail move, Victoria's Secret is upending its business while the brand is near the top of its game. Victoria's Secret is trying to stay ahead of its impressive sales momentum by restructuring and cutting 200 jobs, the brand's parent company announced Thursday. L Brands will restructure its Victoria's Secret brand into three... Continue Reading →
Up to 870 jobs at Sainsbury's are at risk, the Unite union has said, after the supermarket announced changes to management roles at its major stores. Sainsbury's said it would be replacing its 870 store trainers with 280 new learning and development managers. The retailer said those affected would be able to apply for the... Continue Reading →
The Co-Operative Group has committed to opening an additional 100 stores before the end of 2016. This year the Co-Operative Food has opened 12 new outlets in locations including London, Glasgow and Blackpool. Commenting on its rollout scheme, the grocer said it had no plans to slow down. “Our new store programme is really starting... Continue Reading →
London luxury department store Harrods has opened a temporary store in Doha for the Christmas period. The iconic store, which is owned by Qatar Investment Authority (QIA), opened a 6,500 square metre branch at Katara Cultural Village at the weekend. For the first week, the store is only open to VIP visitors, after which the... Continue Reading →
Italian fashion house Valentino, owned by Qatar's Mayhoola for Investments, has offered 500 million euros ($569 million) to buy Pierre Balmain, French newspaper Les Echos has reported , citing sources. The French fashion house, led by artistic director Olivier Rousteing, has also received offers from a Chinese group and an American investor, Les Echos said,... Continue Reading →
Commenting on the Mall of Africa development, Louis van der Watt, CEO of the developer, Atterbury, said: “In line with the Atterbury vision to create working, shopping and entertainment spaces for everyone to live to their full potential, the development of this breathtaking shopping and leisure destination introduces an unmissable, unmatched retail experience. Mall of... Continue Reading →
CLOTHING and apparel retailer The Foschini Group (TFG) is looking for retail space to bring its recently acquired UK chains Phase Eight and Whistles to its home market. The group’s chief financial officer Anthony Thunström confirmed Phase Eight expansion plans in SA, saying: "We are currently looking at locations for Phase Eight. We probably will... Continue Reading →
EDITOR6 DAYS AGO2 0 Japanese clothing giant Uniqlo said on Tuesday that its first global flagship store in Southeast Asia will open in Singapore in the autumn. The new store, which will be the largest Uniqlo store in Singapore and in the region, will be located in the Orchard Central mall along Orchard Road, Singapore’s... Continue Reading →
China Retail News reports that French luxury house Louis Vuitton has officially confirmed that the company will close two stores located in Shanghai and Shanxi, respectively, by the end of March 2016. A representative of Louis Vuitton China said that the two stores will no longer operate from April 2016. However, Louis Vuitton has emphasized... Continue Reading →
Cape Town - South African retailer, Kids Emporium is set to open in the UK. The opening of the new store will be complemented by the launch of the Kids Emporium UK online store. South African owner and founder of the Kids Emporium franchise stores in South Africa, Lauren de Swardt, opened her first flagship... Continue Reading →
A shopper enters the BHS department store in Oxford Street in London, England. (Getty Images) A shopper enters the BHS department store in Oxford Street in London, England. (Getty Images) Troubled British retailer BHS is in advanced talks to sell its flagship store in London to the Abu Dhabi royal family. According to reports in... Continue Reading →
Hugo Boss opens a new store in Florence, Italy. The store is located at 70-72 via Por Santa Maria, steps from Piazza Signoria. The new store covers a surface of 500 sqm over three floors. The groundfloor is dedicated to Boss Woman while the first and second floors and dedicated to menswear and accessories (Boss... Continue Reading →
retail news 