Friday, January 21, 2011

Limited Brands to boost global accessories business

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January 21, 2011News for the retail industry

  Industry Watch 
 
  • How Forever 21 built its empire
    Forever 21 owes its success to a fast-fashion strategy that involves constantly putting new, fresh designs upfront and selling them for affordable prices. Since the downturn, the chain has ramped up its expansion efforts by searching out prime locations left empty by merchants that hit hard times, including its new Fifth Avenue flagship in the former Takashimaya store space in New York City. Bloomberg Businessweek (1/20) LinkedInFacebookTwitterEmail this Story
  • Limited Brands to boost global accessories business
    Limited Brands has reassigned Henri Bendel CEO Ed Bucciarelli to head a new push to expand its accessories business in international markets and hired President Chris Fiore to oversee Bendel's day-to-day operations. The company has been building its Victoria's Secret, Pink and Bath & Body Works brands in several international markets including Canada and the Middle East, and reportedly is considering adding accessories at its Bath & Body Works stores. Women's Wear Daily (subscription required) (1/20) LinkedInFacebookTwitterEmail this Story
  • Levin Furniture shifts strategies
    Levin Furniture in Pennsylvania already was planning to turn a former grocery store into its newest showroom, but a competitor's decision to liquidate gave owner Robert Levin the idea to use that soon-to-be vacant spot to host a clearance sale of his own. Levin has weathered the recession better than some, he says, but slower sales have forced the company to get more creative: reconfiguring displays to fit in smaller spaces and rehabbing existing real estate instead of developing from scratch. Pittsburgh Post-Gazette (1/20) LinkedInFacebookTwitterEmail this Story
  • H&M collaborates with retro clog maker Hasbeens
    Hasbeens, a Swedish retro clog maker, is the latest designer collaborator to work with Hennes & Mauritz. The fashion giant has been working with a series of top designers to attract customers. Maggie Gyllenhaal, Sarah Jessica Parker and other celebrities wear the high-end clogs from Hasbeens. The company's less expensive range will be available at 150 H&M stores this spring. Reuters (1/20) , The Wall Street Journal (1/20) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail Trends 
 
  • Apparel chains market more to mini-me fashionistas
    The youngest among consumers are developing a sense of style earlier, looking to their older peers to set the pace and depending on parents willing to foot the bill. Fashion-conscious tots are proving a growth area for chains including Abercrombie & Fitch, J. Crew and Aeropostale, all of which are expanding their brands for young children. The Philadelphia Inquirer (1/19) LinkedInFacebookTwitterEmail this Story
  • Shopping districts in Dallas and Denver partner to fill stores
    Denver's Larimer Square shopping district has teamed up with the open-air West Village shopping center in Dallas in an effort to tap other markets that are looking to expand. "If you're a small fashion store in L.A. wanting to move, we could link up and work deals for Denver and Dallas together," said Larimer Associates Chief Operating Officer Joe Vostrejs. The Denver Post (1/20) LinkedInFacebookTwitterEmail this Story
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  Retail Technology 
 
  • The same chains consistently top IT-innovators list
    Target, J.C. Penney and Kohl's are once again among Citigroup's annual list of top retailers for IT sophistication. In a report presented at NRF's Big Show last week, Citigroup's Deborah Weinswig also named Macy's, Nordstrom and Saks among the department store chains increasing their investments in mobile tech. StorefrontBacktalk (1/20) LinkedInFacebookTwitterEmail this Story
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  Featured Content 
 

  NRF News 
  • As health care fight moves to the Senate, retailers weigh compliance options
    As the debate over repealing last year's health care law heats up in the Senate, some small retailers who fall under the 50 full-time worker threshold for being covered have told NRF they are limiting growth rather than face the mandates and penalties contained within the law. Some larger retailers have said they will have to limit future growth or otherwise reduce their size of their workforces in a still-tight economy that makes it difficult to absorb the higher costs. Read more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Jan. 21, 2011
    Three-quarters of retailers plan to increase their consumer insight and data gathering initiatives in 2011, up from 65% in 2010. Source: Retail Horizons 2010. LinkedInFacebookTwitterEmail this Story
 
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  Chain Restaurant News 
  • Pei Wei picks blogger to document chef's tour of Asia
    Pei Wei Asian Diner has named copywriter Alice Shin as the winner of its blogger contest. She will document executive chef Eric Justice's 18-day culinary tour of Thailand, Vietnam, China, Japan and South Korea. Shin's work will include daily blog posts and video from the trip, which starts Feb. 24. FastCasual.com (1/20) LinkedInFacebookTwitterEmail this Story
  • Straw Hat Pizza pushes into new markets with revamped menu
    Straw Hat Pizza spent 50 years building its name in California before venturing beyond the Golden State's boundaries. Recent expansions into new markets including Florida, New Jersey and Texas came with redesigns aimed at giving the eateries a more sophisticated look and an expanded menu that features more complex pasta dishes and a bigger variety of sandwich options. PizzaMarketplace.com (1/20) LinkedInFacebookTwitterEmail this Story
  • Other News
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--Margaret Mitchell,
American author


 
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