Friday, July 20, 2012

Foreign retailers find China growth, glitches

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20 July 2012
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  Retail in Europe 
 
  • Germany's Karstadt brings in UK fashion brands
    UK retail brands including New Look, Ted Baker and Republic will gain a presence in Karstadt department stores, the German-based retailer said this week. The company also announced new senior management hires, including former Mothercare director Gillian Berkmen as the new chief merchandising officer and former Harrods executive André Maeder as chief retail officer. Retail Week (U.K.) (subscription required) (20 Jul.) LinkedInFacebookTwitterEmail this Story
  • JJB Sports goes back to suppliers, partners for cash
    JJB Sports has requested more cash from the group of suppliers and strategic partners that invested £35 million four months ago to keep the UK retailer afloat, the company said. Meanwhile, rival Sports Direct booked record sales and is preparing to award average bonuses of £15,000 to its 2,000 staffers. "JJB was a market leader and then Sports Direct picked them off store by store by offering the lowest possible prices and the best quantity," said analyst Peter Smedley. The Guardian (London) (19 Jul.) LinkedInFacebookTwitterEmail this Story
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The State of Customer Data Integration in 2012: Industry Report
This free report from Scribe Software covers the What, Why & How of CRM Integration. In this report learn how customer data integration can play a critical role in addressing operational challenges in sales, marketing and customer service. Download the free report now.
  Retail in Asia 
  • Foreign retailers find China growth, glitches
    Foreign retailers including Wal-Mart, Carrefour and Tesco have been growing rapidly in China, but the growth doesn't come without glitches, including recent food-safety scandals that hit all three chains. "If a company does not enhance management after they happen, it could mean much bigger troubles later on," said Li Yaru of Tongji University in Shanghai. China Daily (Beijing) (20 Jul.) LinkedInFacebookTwitterEmail this Story
  E-commerce Spotlight 
 
  • Friends of Facebook fans drive traffic, study says
    Not only are Facebook fans more likely to visit a brand's site, but friends of fans also make more frequent visits, according to a study of European fashion brands including ASOS, H&M and Zara. The study, using data from Facebook and comScore, found friends of ASOS fans were 2.7 times more likely to visit the retailer's site. ClickZ (19 Jul.) LinkedInFacebookTwitterEmail this Story
  • E-commerce on the rise as French consumers economise
    Online retail sales in France are on track to rise 12.3% to $33.33 billion this year, according to eMarketer. The country's consumers have traditionally been slower than their counterparts in other areas of Europe to adopt to e-commerce, but a need to find lower prices in a tight economy has spurred more rapid growth, said senior analyst Karin von Abrams. eMarketer (19 Jul.) LinkedInFacebookTwitterEmail this Story
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  Spotlight on Fashion 
  • Recession drives demand for Primark's fashions
    Primark drew shoppers from as far away as Poland when it opened its newest store in Berlin earlier this month. The retailer, which began as Penneys in Dublin in 1969, operates 238 stores in seven European countries, and is in expansion mode as cash-strapped consumers clamour for the retailer's brand of affordable fashions. Bloomberg (18 Jul.) LinkedInFacebookTwitterEmail this Story
  • Hunkemöller to launch designer holiday collection
    Dutch lingerie retailer Hunkemöller will team with designer Marlies Dekkers on a holiday collection set to launch Nov. 5 at stores in the Netherlands, Belgium and Germany. Hunkemöller operates 500 stores in 16 countries, including Egypt, Saudi Arabia, Kuwait, Israel and Aruba. Women's Wear Daily (subscription required) (19 Jul.) LinkedInFacebookTwitterEmail this Story
  • Slowear teams several brands with new Ricerca collection
    Milan-based men's clothing group Slowear has created a new, more stylish collection with pieces from several of its brands including Incotex, Zanone, Montedoro and Glanshirt. "It has been conceived for a contemporary, stylish man who appreciates details but never looks over the top," said CEO Mario Griariotto. Women's Wear Daily (subscription required) (19 Jul.) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • Retail goes personal: How to create the stores shoppers want
    "Showrooming" and the convergence of e-commerce present an interesting challenge for retail executives when redesigning the in-store customer experience. In a new addition to the NRF Retail Reference Center, Cognizant's third annual Shopper Experience Study surveyed over 3,700 shoppers from across the world to find out the trends shaping the industry today, as well as ways retailers can embrace the new age of a personalized shopping experience. Download the white paper. LinkedInFacebookTwitterEmail this Story
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--Louis Pasteur,
French chemist and microbiologist


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