| Global retail industry news |  |
- Foreign consumers know Victoria's Secret
Abercrombie & Fitch, Tiffany, Coach and other specialty retailers have started generating a significant amount of revenue from overseas sales. Limited Brands, however, which owns Victoria's Secret and Bath & Body Works, has yet to embrace a foreign expansion plan. However, many foreign consumers already are familiar with their brands, making such an expansion likely easier. The Wall Street Journal (tiered subscription model) (11 Jul.)       | 3 Proven Rich-Media Strategies for Your 2011 Campaigns
Today's hyperconnected consumers expect rich, engaging experiences wherever they interact with your product or service. In this report you will learn how to use rich media to:
• Engage mobile audiences
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• Improve online ad performance |
 - Mango plans to double number of stores in Russia, exec says
Mango, the Spanish fashion retailer, is planning to increase its number of outlets in Russia over the next few years, according to Aniko Kostyal, an executive appointed to focus on the expansion. "Russia is a huge country and has a very fashion-oriented market," Kostyal said. Reuters (08 Jul.)  | Ad Compliance Best Practices Kit — Stay ahead of consumer concern and government regulation with TRUSTe. Gain an overview of what Behavioral Advertising (OBA) is, why it is important, and what your options are. Insights from the FTC, DAA, TRUSTe, Forbes, Publisher's Clearing House and more. Register Now. |
 - Global luxury retailers seek Indian partners
Giorgio Armani and Ferragamo, which both have joint ventures with DLF Brands, are in discussions with other possible Indian partners. Saloni Nangia, senior vice president of retail at KSA Technopak, said that partnerships evolve as the market changes. "This trend is to be expected. Ten years ago very few Indian investors understood luxury and there has been a steep learning curve for the industry," Nangia said. "It is natural that global brands will look around for entities who believe in the brand." The Telegraph (Calcutta, India) (10 Jul.)   | 15 minutes could save you 15% or more on car insurance. ®
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 | E-commerce Spotlight |  |  | | - Amazon to open seventh UK fulfilment centre in Britain
Amazon, the online retailing giant, plans to launch a new fulfilment centre in Rugeley, Staffordshire, in a move that will create more than 900 new jobs. The 700,000-square-foot packing warehouse will open in September. "The centre at Rugeley will play an important role in fulfilling orders for customers in the UK, Europe and all over the world," said Arthur Valdez, vice president of operations at Amazon.co.uk. The Telegraph (London) (10 Jul.), BBC (10 Jul.) | Spotlight on Mass Merchandise | | | | - Harvey Norman rejects claims about Australian forests
Markets for Change, an environmental group, conducted a yearlong investigation into claims that Harvey Norman, Freedom Furniture and other major furniture retailers source some of their timber from ancient forests in Australia in ways that had threatened species, including rare birds and koala. Harvey Norman has rejected the claims, saying that it has complied with the country's environmental and biodiversity laws. The New Zealand Herald (11 Jul.) | NRF News | | | | - What's in store for back to school?
As the crucial back-to-school season approaches, a new video based on BIGresearch data offers insight into consumers' current mindsets. Among the findings: shoppers remain concerned about unemployment; they are focusing more on needs over wants; and spending in most retail categories is up, despite higher food and energy costs. Watch the video.
| SmartQuote | | | |  | I'm tired of all this nonsense about beauty being only skin-deep. That's deep enough. What do you want -- an adorable pancreas?"
--Jean Kerr,
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