  | Global retail industry news |  |
- Zumiez to pay $75 million for Austria's Blue Tomato
US-based teen apparel retailer Zumiez will acquire Austrian retailer Blue Tomato for $75.1 million plus future payments up to $27.9 million tied to specific milestones. Former European snowboard champion Gerfried Schuller founded Blue Tomato in 1988, and today the company operates five stores selling snow and skate products, apparel, footwear and accessories. American City Business Journals/Seattle (19 Jun.)       | Learn about Xerox® solid ink and enter to win an Apple® MacBook Air®— Exceptional color print quality, 90% less waste than comparable color lasers, and speeds up to 40 ppm make the ColorQube® 8570 printer your perfect solution for affordable color printing. ENTER TO WIN an Apple®MacBook Air® when you learn more. |
 - Berlin sees new crop of independent retailers
Several new independent retailers have found a home alongside the growing number of global retailers expanding their presence in Berlin, including art and design boutique Gestalten and Upcycling, a shop dedicated to turning used items into new looks. Women's Wear Daily (subscription required) (19 Jun.) - New store hours in Spain threaten Sunday traditions
New rules in Spain will allow retailers in the central region of Madrid to keep their stores open around the clock, seven days a week, a move lawmakers say will boost the economy, create jobs and please tourists. The new law will require a mindset shift for many -- the largely Catholic country has long prohibited most retailers from operating on Sunday. Reuters (19 Jun.)  | Hiring exceptional talent is critical to the success of your business. Whether it’s the executive who offers visionary leadership, or the sales professional who won’t settle for less than 100%, a business needs great people to thrive. This guide provides best practices for securing the top talent you need to drive business results. |
  | Hot off the Presses! Q2 2012 ERP Comparison Guide
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 - China's lawmakers to consider e-commerce law
Lawmakers in China are working to craft the country's first law regulating e-commerce, in an effort to stem the tide of counterfeit goods. The law is also expected to include provisions aimed at protecting consumers in specific situations, including spelling out refund requirements when orders are cancelled. United Press International (19 Jun.) - Fab.com acquires startup to launch in London
Online design retailer Fab.com has acquired London-based startup Llustre for an undisclosed amount. The 2-month-old UK company will be renamed Fab UK and give the US-based retailer its first presence in Britain. Forbes (19 Jun.)  | RadioShack has a global presence and a variety of innovative products and services. With reasonable investment levels and hundreds of potential markets, a RadioShack franchise represents an exciting opportunity for you to associate with a powerful retail brand. Click here to learn more. |
 | Spotlight on Luxury Goods |  |  | | |  | - Will luxury shoe departments prove recession-proof?
Luxury footwear may not be totally recession-proof, but high-end retail segments tend to do better than those in the middle during a downturn, and retailers including Saks and Macy's are betting big with revamped upscale shoe departments. "Shoes are not so much apparel, but collectible, so women have an ongoing need to buy new additions to their collection," said Pam Danziger, president of Unity Marketing. Luxury Daily (19 Jun.) - Luxury brands see long-term growth in China
Luxury brands are betting that any spending slowdowns in China will be short-term, including pen maker Montblanc, which debuted its biggest store in the world in Beijing this month. China's luxury goods sales are on track to hit $27 billion by 2015, making it the world's biggest luxury market, according to McKinsey & Co. The Globe and Mail (Toronto) (19 Jun.) - Europe's economic turmoil doesn't phase LVMH
Luxury conglomerate LVMH is positioned to continue thriving despite ongoing economic turmoil in Europe, with 60 brands and more than 3,000 stores worldwide that provide diversity in terms of both geography and brand portfolio, industry experts say. Forbes (19 Jun.)  | 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. |
 | NRF News | |  | | - Best practices to achieve prominence in the health and beauty market
Health and beauty is one of the most fiercely competitive categories online, with some of the world's most recognizable brands such as Lancôme and Estee Lauder vying for consumers. In a new addition to the Shop.org white paper library, Innotrac profiles the dynamics and diversity of the health and beauty segment and identifies opportunities for these e-commerce merchants to extend their brand experience. Download the white paper.
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