Tuesday, June 5, 2012

Report: Europe's retail sales fell 1% in April

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05 June 2012
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Global retail industry news

  Global Industry Watch 
 
  • Children's apparel sector stays strong in Australia
    Parents and grandparents in Australia are continuing to spend to outfit children, even as they cut back on buying new things for their own wardrobes, according to research from IBIS World. "There is an argument to say this category is healthy and will remain healthy for the next five or six years," said retail analyst Steve Kulmar. The Sydney Morning Herald (Australia) (03 Jun.) LinkedInFacebookTwitterEmail this Story
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  Retail in Europe 
 
  • Kurt Geiger to sell Vince Camuto shoe brands in Europe
    Europe's biggest luxury shoe retailer, Kurt Geiger, has sealed a distribution deal to sell Vince Camuto, VC Signature and Jessica Simpson footwear brands at its stores and concessions in the UK, Ireland and Germany. In addition to the retailer's freestanding stores, the brands will be available at Harrods, Liberty, Selfridges and House of Fraser in Britain, Brown Thomas in Ireland, and Karstadt in Germany. Women's Wear Daily (subscription required) (04 Jun.) LinkedInFacebookTwitterEmail this Story
  • Report: Europe's retail sales fell 1% in April
    Retail sales in Europe fell a larger-than-expected 1% in April from the previous month, as a weakening economy spurred more consumers to tighten their belts, according to the EU's statistics office. Bloomberg (05 Jun.) LinkedInFacebookTwitterEmail this Story
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  Retail in Asia 
 
  • IKEA hires translators to clean up product names in Thailand
    IKEA's practice of bestowing its products with creative Swedish names has helped the furniture giant stand out in many markets around the world, but some of the monikers are proving problematic in Thailand, where a few of the names translate into bad words. The chain has hired translators to pore over the catalog and identify unintentionally racy or crude product names that need to be changed. The Wall Street Journal (05 Jun.) LinkedInFacebookTwitterEmail this Story
  • Calendar, weather cool Japan's May retail sales
    Japanese retailers saw mixed sales results in May, with Fast Retailing's Uniqlo stores reporting a 10.3% drop in same-store sales it attributed largely to calendar quirks and cooler weather mid-month. Other chains including Takashimaya and H2O Retailing reported smaller declines, while department store operator J. Front Retailing reported a 0.8% increase. Women's Wear Daily (subscription required) (04 Jun.) LinkedInFacebookTwitterEmail this Story
  • China's food courts drive traffic to the mall
    Mall food courts that are typically the largest in Asia and that boast a wide variety of cuisines and a mix of sit-down, fast-casual and quickservice concepts are a big draw for Chinese shopping centers and may set an example for US malls looking to bring shoppers back, experts say. QSR Magazine (04 Jun.) LinkedInFacebookTwitterEmail this Story
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  E-commerce Spotlight 
 
  • Online luxury children's retailer wins global fans
    London-based online retailer Alex & Alexa has grown from an Internet start-up into a global powerhouse selling upscale children's styles from brands including Burberry, Dolce & Gabbana and Roberto Cavalli. "With all our categories, we offer what we call anchor brands — those that are really well known and drive a lot of traffic — and surround them with new and interesting specialty collections," said co-founder Alex Theophanous. Women's Wear Daily (subscription required) (04 Jun.) LinkedInFacebookTwitterEmail this Story
Download Forrester Research, Inc.'s April 2012 report: SMB eCommerce Solutions 2012, A Guide To Selecting Your eCommerce Solution written by Brian K. Walker. Learn which SMB eCommerce solution you should consider for your business. For example, Forrester expects to see the advent of full-service offerings such as Amazon's suite of solutions. Download your complimentary copy now.
  Spotlight on Grocery 
 
  • Sainsbury's highlights community investments
    Corporate responsibility and community involvement including significant investments in the Diamond Jubilee celebrations have helped supermarket chain Sainsbury's grow during tight economic times, says CEO Justin King. "I think the downturn has turned the spotlight on the relationship all people have with business." The Daily Mail (London) (04 Jun.) LinkedInFacebookTwitterEmail this Story
  • Market changes drive Spain's olive farmers away
    Farmers in Andalusia, the traditional olive oil-producing region of Spain, are finding it increasingly hard to make a living as new rivals from China, India and Latin America boost the global supply and ultra-competitive grocery chains work to undercut each other on price. "Prices for the producer have fallen by 50% over the past five years," says Josep Carles Vicente of the Catalan farmers' union. The Guardian (London) (04 Jun.) LinkedInFacebookTwitterEmail this Story
  • Other News
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American actress


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