Boasting unobstructed views of the world’s tallest skyscraper, the Burj Khalifa, via a 180-foot wide, artistically designed carbon fiber array of motorized windows, Apple’s latest upscale retail store will be opening tomorrow, April 27th, 2017, at the swanky Dubai Mall in the United Arab Emirates. Designed in collaborating with Foster + Partners — the same... Continue Reading →
The supermarket is making a range of Russell Athletic clothing for men and women available on its Tu clothing website as part of its strategy to offer customers choice across different channels. The partnership with Russell Athletic marks the first time Sainsbury’s female customers are able to buy branded clothing alongside Sainsbury’s Tu range. For... Continue Reading →
In a statement, the company said its majority shareholder, JAB Luxury, is supportive of the process. It also said the UK’s Takeover Panel has agreed that any discussions with third parties may be conducted within the context of a "formal sale process" to enable conversations with parties interested in making a proposal to take place... Continue Reading →
Due to launch in the autumn, the concessions will be in John Lewis shops in Cambridge, Oxford, Reading, Southampton and London’s Oxford Street. Jill Easterbrook, who joined Boden as chief executive in February, told This is Money: “We are really excited to be going into John Lewis. It marks the coming together of two great... Continue Reading →
Dubai Mall, one of the world's biggest shopping centres, was plunged into darkness on Monday evening after experiencing a power cut for nearly two hours. According to photos posted on social media, hundreds of shoppers were forced to wander the mall in the dark. Lights went out and escalators stopped working at about 7.15pm local... Continue Reading →
Debenhams has announced a turnaround plan that could see up to 10 UK stores reviewed for closure and 11 warehouses close down, placing hundreds of job at risk. The news comes as the department store released its interim half-year results for the 26 weeks to March 4, which shows an uptick in sales and like-for-likes... Continue Reading →
The openings comprise 34 new food stores and two clothing, home and food stores. These include Foodhalls in Bishopsgate, London, Huntingdon, Aylesbury, Spinningfields, Manchester and Strood in Kent and new locations for M&S with clothing, home and food stores opening in Bracknell and Rushden in July. Over 1,400 new customer assistant and management jobs will... Continue Reading →
Luxury lifestyle brand The White Company has upsized its store at Bluewater in Kent. The retailer has also doubled in presence to create a 546 sq m statement store on Bluewater's lower Guildhall. Adjacent to Hobbs, Russell & Bromley and the recently opened Michael Kors, the store has been designed by an in-house team and... Continue Reading →
London - Although Juicy Couture has seen somewhat of a revival recently, it seems as if parent company's Authentic Brands Group best efforts were not enough to keep the brand afloat in the UK. The fashion brand, best known for its bling velour tracksuits favoured by the likes of Paris Hilton over a decade ago,... Continue Reading →
Losses at Pep & Co, the bargain fashion chain backed by South Africa’s retail billionaire Christo Wiese, soared last year on the back of its rampant expansion plan. The company, which opened 50 shops last year, was launched by South Africa’s Steinhoff in a move to target cash-strapped families in towns not yet colonised by... Continue Reading →
Department store to axe underperforming brands amid ‘challenging trading conditions’ House of Fraser has been trying to diversify away from its faltering home market but progress has been slow UK department store chain House of Fraser has warned of “subdued” trading and “volatility” in the retail sector, despite doubling last year’s slender profit margins and... Continue Reading →
The American fashion brand Nautica relaunched its Dubai Mall store on Tuesday with new partner Apparel Group. In an interview with Gulf News, Patricia Canavan, Vice President and General Manager — Nautica Licensing, said that there would be two further store openings this year in the GCC. She added that the brand was targeting the... Continue Reading →
The two-level store, located on both the ground floor near Pucci and Jimmy Choo, and the first floor near Paule Ka, will be officially opened at 4pm. With a tagline "Creativity. Connected.", Apple is targeting the country’s creative community that includes start-ups, independent art galleries, local app developers, boutiques, cafes and food trucks, according to... Continue Reading →
Italian luxury leather label Fendi has announced the opening of its new ‘Fendi Ginza’ flagship store, in Ginza Six in the upmarket area of Ginza, 6th street, on April 20. “Ginza 6 is a modern and visionary interpretation of what luxury stands for today. Fendi is all about Rome and I believe that with this... Continue Reading →
Next boss Lord Wolfson has missed out on his annual bonus for the first time in 18 years amid tough times on the British high street. Wolfson’s total pay package dived by 58% to £1.8m in the year to 28 January, according to the fashion and homewares retailer’s annual report published on Tuesday, after a... Continue Reading →
Former undisputed world heavyweight champion Mike Tyson is set to launch his global franchise of fitness centres in Dubai next month. The American’s new business venture, Mike Tyson Academy (MTA), will see a host of academies launched around the world, and in particular in the Middle East, Australia, France, West Africa and China where there... Continue Reading →
The beauty retailer, which L’Oreal acquired in 2014 for $500m (£403.6m) rolled out its first standalone store in the UK in the London shopping centre this month. The 2,100 sq ft outlet carries 1800 SKUs and a statement from the retailer said its product range caters to “16-34 year old make-up enthusiasts.” Founded in 1999... Continue Reading →
The retailer will hold a 'Supper Club' at the shop in Haywards Heath where customers will be able to have a restaurant quality meal created by chefs from its three Cookery Schools. Customers will be able to choose from an exclusive three course menu, which will include nibbles and drinks, for £35. Waitrose will transform... Continue Reading →
Due to take up the newly created role in June, Schulman will be responsible for all aspects of the brand globally and will report to Coach chief executive Victor Luis. The new leadership structure follows Coach’s acquisition of Stuart Weitzman in 2015. Schulman will be joining Coach from Neiman Marcus Group where he is president... Continue Reading →
Saudi Arabia has announced that it will build a “entertainment city”, a mega cultural, sports and entertainment project in Riyadh that will include a safari area and a Six Flags theme park. The unnamed project, to be built in Al Qidiya, southwest of Riyadh, will cover an area of 334 square kilometres. While the cost... Continue Reading →
Not long after opening its first Mexico City retail location, Apple is planning a new flagship retail store in the city. Apple currently intends on the store being “flagship” in nature, with a design akin to that of Apple’s World Trade Center location in New York City… The new details come via a report from... Continue Reading →
Landmark Group founders inducted into retail hall of fame The founders of Landmark Group, a Dubai-based multinational conglomerate, have been inducted into the Retail Hall of Fame during the recent 2017 World Retail Congress at Madinat Jumeirah Hotel in Dubai. Chairman Micky Jagtiani and vice chairperson Renuka Jagtiani were given the award during a private... Continue Reading →
According to Moneyweb, as of 30 March cashback points will be earned for every R2 spent at stores, from R1 previously. This effectively halves the cashback rate to customers from 1% to 0.5%. Business Day reports that according to Pick n Pay management, a key feature of the overhaul would be weekly personalised discounts tailored... Continue Reading →
H&M is opening a new Westfield Stratford store on 21 April. The retailer is relocating from its current location and expanding its offering to become the largest store in the UK and IE portfolio and one of the largest H&Ms in the world. Situated over three floors and covering 5,074 sq m of sales space,... Continue Reading →
Offering clothing for women, men and children as well homewares, the London store will open in the early autumn and online in 18 European countries. The group is then planning to launch stores in Brussels, Copenhagen and Munich. Ulrika Bernhardtz, ARKET creative director, said: “It both relates to our origin in the Nordic tradition of... Continue Reading →
To celebrate the recent opening of the new Prada women’s ready-to-wear boutique in Saks Fifth Avenue, the prestigious department store has dedicated the six store windows on Fifth Avenue to the Prada Spring/Summer 2017 collection. The unique setting features a sequence of three different scenarios, using rubberized elements in alternating color shades with soft forms... Continue Reading →
London - Reebok is set to expand its presence in China by opening 500 FitHub stores across the country by 2020, as part of its wider strategy to become the leading sportswear brand in the region. The move sees the footwear and fitness label, held by Adidas Group, go head to head with US rival... Continue Reading →
Kuwait-based Kamco Investment Company on Sunday said it has purchased Amazon UK’s largest distribution warehouse for $77 million (AED281m). The warehouse in Dunfermline, Scotland, has been leased to Amazon UK Services until October 2031. Amazon employs 2,100 staff at the warehouse, which handles 38 percent of the 143 million packages that e-retailer handles per annum.... Continue Reading →
The retailer's sales increased 39% in rand terms from the nine stores it has in operation Swedish retailer H&M has continued on its winning streak in SA, dodging the malaise to which domestic retail players have succumbed. In the first quarter of its 2017 financial year, H&M’s sales increased 39% in rand terms to about... Continue Reading →
The World Retail Congress (WRC) begins on Tuesday in Dubai amid weak consumer demand, caused by a strong dollar and job concerns. Brick-and-mortar retail has also suffered as ecommerce begins to grow in popularity across the region. The 11th edition of the event, being held at the Madinat Jumeirah from April 4 to April 8... Continue Reading →
Fitness brand Sweaty Betty has announced plans to open its first European flagship at 1 Carnaby Street in London. The prominent 204 sq m store is located at the south entrance to Carnaby Street and is the result of the brand upscaling from its existing store on Beak Street where it has been a resident... Continue Reading →
New York fashion house Coach has chosen the Bullring to open its first standalone store in Birmingham. This store will be the second outside of London for Coach, with the first opening its doors at Victoria Quarter, part of Victoria Gate in Leeds. The 280 sq m space will be located on the upper east... Continue Reading →
Questions about the future of Agent Provocateur have been raised again after the retailer confirmed it would close down all of its Australian stores and concessions. Three out of the four Agent Provocateur retail locations in Australia have already closed, with the last location in Westfield, Sydney, poised to shutter its doors. According to reports... Continue Reading →
Apple shares latest vision for new Chicago River retail store as roof and curved glass put in placeWe’ve known for a while now that Apple is planning a new flagship waterfront retail store along the Chicago River, and now Apple has shared a new render of what the location will look like after construction wraps... Continue Reading →
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