| Global retail industry news |  |
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 - Stylish men add to Burberry's bottom line last year
Burberry credited men for much of its 24% jump in sales in the year ended March 31, saying new initiatives including tailoring services spurred an increase in menswear sales. Additionally, sales of non-clothing items including leather goods and soft accessories to men rose more than 50%; men now account for nearly one-quarter of the luxury retailer's sales, the company said. The Telegraph (London) (23 May.)      - Investor groups to pay $1.3 billion for Global Blue
Investment firms Silver Lake and Partners Group have sealed a deal to acquire tax-free shopping business Global Blue from Equistone in a deal valued at $1.3 billion. Switzerland-based Global Blue offers services in more than 270,000 global retail outlets. Reuters (24 May.) - Carrefour CEO takes office early
France's Carrefour has installed new chief executive officer Georges Plassat four weeks ahead of schedule, speeding up the transition as the retailer moves forward with a strategy to reverse slumping sales at its hypermarkets in Europe, China and Brazil. Plassat was named as new CEO in January, and has worked as COO alongside retiring chief Lars Olofsson since the beginning of April. The Wall Street Journal (24 May.)  | Your business deserves easy savings.
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  - Uniqlo taps top tennis star as brand ambassador
Uniqlo has signed top male tennis star Novak Djokovic to a five-year deal that makes him the official ambassador for the Japanese fast-fashion brand. Under the deal, Djokovic will wear the retailer's fashions on and off the court, starting at the French Open on Sunday. Women's Wear Daily (subscription required) (23 May.)  | Interactive marketers are feeling the pressure from government to offer clear, transparent privacy regulations for consumers. This free whitepaper, discusses various legislation, such as the EU Cookie Directive, and outlines how marketers must comply while offering a positive and enriching consumer interaction via the new paradigms of consensual targeting. Get the free whitepaper here. |
 - Brazilians boost their spending online
Online retail sales in Brazil hit $25 billion last year, a 43% jump from 2010, giving the country 59.1% of all online sales in Latin America, according to a study done for Visa by AméricaEconomia Intelligence. Mexico was the next largest market, with 14.2% of the total. RCR Wireless News (23 May.)  | Download Forrester Research, Inc.'s April 2012 report: SMB eCommerce Solutions 2012, A Guide To Selecting Your eCommerce Solution, and learn which SMB eCommerce solution you should consider for your business. Click here for your complimentary copy. |
 - Report: UK s-commerce on trace to double by 2017
Retail sales via social media channels are on track to double to £3.3 billion in the UK in the next five years, and nearly three-quarters of 25- to 34-year-olds will be involved in s-commerce by 2021, according to Barclays. "For most consumers the social element is fundamental -– shopping it is a leisure activity in the British psyche –- so being able to reintroduce this aspect into the online purchasing process is a powerful tool for retailers," said Barclay's Richard Lowe. The Retail Bulletin (23 May.)  | Simple Strategies for Enhancing eCommerce Profitability
As the economy begins to recover, consumers continue to migrate to online shopping. Merchants are looking online to differentiate their businesses and improve profitability. Explore four payment-related strategies that can enhance online services, open new markets and increase profits in this free white paper. |
 | Spotlight on Consumer Electronics |  |  | | |  | - TV manufacturers push retailers to rein in discounts
Sony and Samsung are pushing consumer electronics retailers to lessen their dependence on discounts with policies that prohibit the merchants from advertising or selling TVs for less than the prices manufacturers set. The moves, designed to shore up profits, also may help Best Buy and other brick-and-mortar retailers compete against growing online competition. The Wall Street Journal (22 May.)  | Over 1,700 CMOs shared their insights on the fundamental shifts transforming business and the world. Find out how they are striking a better balance between investing in solutions that drive efficiency and those that improve decision making, foster collaboration,and enhance customer relationships. Download the free CMO Study! |
 | NRF News | |  | | - The proof is in the packaging when shipping internationally
E-retailers are constantly walking the fine line of providing reliable shipments to international customers while not compromising their bottom line. In a recent addition to the Shop.org white paper library, Bongo International analyzed how 16 U.S. retailers managed packaging inefficiencies and refined their strategies. Learn from their results and grow your international customer base. Download the white paper.
| SmartQuote | | | |  | Most people ... discover when it is too late that the only things one never regrets are one's mistakes."
--Oscar Wilde,
Irish writer  |
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