Monday, March 26, 2012

Japan's fashion retailers find urban opportunities

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26 March 2012
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Global retail industry news

  Global Industry Watch 
 
  • Loblaw to acquire Zellers' prescription files for $35 million
    Canadian supermarket chain Loblaw will pay about $35 million to acquire the files of Zellers' pharmacy patients, which went up for sale when Target announced plans to buy out the bulk of Zellers' store leases. Retailers see pharmacies as lucrative parts of the business which draw in consumers who then shop in other parts of the store, and Target plans to open its own pharmacies in the Canadian stores. The Globe and Mail (Toronto) (23 Mar.) LinkedInFacebookTwitterEmail this Story
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  Retail in Europe 
 
  • Game Group holds out hope for a rescue
    Lender RBS may offer a lifeline to UK-based computer games retailer Game Group. The bank, one of six lenders, is reportedly working on a plan to acquire a stake in the 600-store chain after it enters administration today. The Telegraph (London) (25 Mar.) LinkedInFacebookTwitterEmail this Story
  • Klépierre expects marketing, revenue boost with Simon Property stake
    Simon Property's newly acquired stake in Klépierre S.A. will help the European retail center operator increase its rental income, according to Klépierre CEO Laurent Morel. There will be significant gains in terms of marketing. The boost will be welcome as Europe's economic issues are having an impact on retail demand. Bloomberg (22 Mar.) LinkedInFacebookTwitterEmail this Story
LIVE Webinar: Retailers Head for the Cloud
In this webinar, you'll hear guest speaker Peter Sheldon, Senior Analyst at Forrester Research, discuss findings from his new report on cloud-based eCommerce Solutions. Specifically, he will share insights on this trend toward the cloud and his finding on how you can establish a sustainable approach to adopting cloud-based eCommerce solutions. Register now.
  Retail in Asia 
  • Japan's fashion retailers find urban opportunities
    Fashion chains in Japan that used to focus largely on the suburbs and sell less-pricey versions of the looks found in upscale city shops are now taking their stores directly to the urban areas. Chains including Uniqlo, Shimamura, Gap and H&M have all been planning more big-city stores. Asahi Shimbun (Japan) (24 Mar.) LinkedInFacebookTwitterEmail this Story
  • DLF Brands on track to add 50 new stores a year
    DLF Brands, which already operates stores for 11 global brands in India including Armani, Sunglass Hut and Mothercare, said it plans to announce a partnership with an international cosmetics brand in the next few months. The company expects to open new single-brand stores at the rate of 50 per year, and will also begin operating multi-brand fashion stores. The Economic Times (India)/Press Trust of India (25 Mar.) LinkedInFacebookTwitterEmail this Story
  • Fake Italian goods prove a problem in China
    The Italian Trade Commission's Intellectual Property Rights office in Beijing has identified 60 brands on the market that falsely claim to be Italian since the office opened two years ago. "Such false adverting does not directly harm the image and interests of Italian enterprises, but does constitute unfair competition for enterprises in both nations," said Giovanni de Sanctis, an ITC official. China Daily (Beijing) (24 Mar.) LinkedInFacebookTwitterEmail this Story
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  E-commerce Spotlight 
 
Learn how Oka b. stays a step ahead with eCommerce solutions from Amazon
In this case study you’ll learn about eCommerce solutions from Amazon that have driven business results for Oka b. — a U.S. manufacturer of casual footwear — and helped them achieve greater business success. Download the case study.
  Spotlight on Mass Merchandise 
 
  • Fashion brands move production closer to home
    The cost of manufacturing goods in China is going up and, while it's still cheaper to produce garments there, some European fashion brands including Zara and La Perla are moving to factories in Tunisia, Turkey, Portugal and other countries closer to home. Brands say the shift gives them more control over quality and speed to market. Reuters (22 Mar.) LinkedInFacebookTwitterEmail this Story
  • Sam's Club makes inroads in China
    Sam's Club has signed more than 100,000 members for its second store in Beijing, which opened six months ago. The Wal-Mart-owned members-only warehouse chain plans to add additional stores in China in the coming years, appealing to businesses and wealthy families willing to drive relatively long distances for the bulk-buying discounts, said Du Limin, vice-president of Sam's Operations, China. China Daily (Beijing) (24 Mar.) LinkedInFacebookTwitterEmail this Story
Taking your brand beyond the web—and why you need to do it now. Connected consumers were big news in 2011. Use of tablets and smartphones skyrocketed as did shoppers’ appetite for online purchasing. Tune in to hear how you can get ready now for the 2012 multi-channel marathon going into the holiday season, how to meet your customers where they want to shop, and deliver a consistent, branded experience across all touchpoints. To register click here.
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