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 | Retail in Europe |  | | | - PPR to make Puma main brand of new sports division
PPR Chief Executive Officer Francois-Henri Pinault said the Paris-based company will make Puma the main brand of its newly launched sports and lifestyle division. PPR plans to develop the new unit into a "second pillar" through acquisitions of sporting-goods and leisure brands. First, however, PPR will sell a few of its retail businesses, Pinault said. Bloomberg (18 Oct.)      - Blacks Leisure hires advisory firm to deal with suitors
Blacks Leisure, a UK outdoor goods retailer, said it has been approached by several companies about possible takeover bids for all or parts of the company. The retailer, which runs Milletts and Blacks Outdoor chains, has hired McQueen, an advisory firm, to help deal with the process, but stressed that it is not certain that any offers will be made. Reuters (19 Oct.) , Telegraph (London) (18 Oct.) | Retail in Asia | | | | - Rakuten teams up with Baidu to tap China's online shoppers
Rakuten, a major e-commerce company based in Japan, has partnered with Baidu, a top search engine and popular website in China, to launch an online shopping mall for Chinese consumers. Rakuten CEO Hiroshi Mikitani said Baidu will generate traffic while Rakuten will provide online retailing expertise. The companies plan to invest roughly $50 million over the next few years in Lekutian, as the new site is called. The Wall Street Journal (18 Oct.) - UK consumers shift from high street to online, index finds
The IMRG Capgemini e-Retail Sales Index shows that British consumers spent £4.8 billion online in September, a 24% surge over the same month last year. Meanwhile, high street sales declined, indicating a shift from traditional stores to online retailers. "The disparity between these figures [high street and online] reveals a very interesting trend amongst British consumers," said Chris Webster of Capgemini. "The rise in online spending is at the expense of high street sales and we may even see an early peak, with shoppers looking to spread the cost of Christmas over several pay cheques." InternetRetailing.net (19 Oct.)   | Technology Solutions | | | | - Debenhams launches mobile commerce app for iPhone
Debenhams' newly launched mobile commerce application for Apple's iPhone features a bar-code scanner, making it useful when offline shopping. Debenhams decided to diverge from its rivals, who have launched mobile websites, to roll out an app partially because of the volume of visits to the retailer's main site by iPhone users. eConsultancy.com (19 Oct.) | Spotlight on Grocery | | | | - Consumption of food, beverages in rural India declines
Fast-moving consumer goods companies have been expanding their presence in rural India, but early indications that demand may be waning are starting to emerge. IMRB International, a research firm that tracks consumption trends in India, found that consumption of food and beverages in rural areas was down slightly in the first eight months of the year. The decrease was attributed, at least in part, to an increase in food prices. The Economic Times (India) (19 Oct.) | NRF News | | | | - Recession retailing: How to stay ahead of the curve
In the most recent peer-reviewed resource added to NRF's Retail Reference Center, Jeffrey Edelman of RSM McGladrey explores how retailers should view the changing recession shopper. The recession consumer is "one who is more value conscious, regularly purchasing private brands for basic merchandise and cross shopping among distribution channels", he writes. "The good news is that with the economy on the upswing, these same consumers are beginning to buy a little more of what they want, compared to what they need." Read more.
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