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  | Global retail industry news |  |
- Esprit said to be exploring sale of operations in US and Canada
Hong Kong-listed Esprit Holdings is looking into selling its operations in Canada and the U.S., sources said. The company's sales in Canada and the U.S. were up 11% in the six months that ended in December, but the retailer's shares have dropped 55% over the past year due to a decline in sales in Europe. Bloomberg (19 Aug.)       | Learn about the top insurance risks manufacturers face today with Zurich's Virtual Consulting tool. Sign up for FREE access today! |
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  - Carrefour employees in Jakarta plan to go on strike
Thousands of Carrefour employees in Jakarta are planning to go on strike just days before Idul Fitri, the Muslim holiday marking the end of Ramadan. The employees plan to stage a rally at Carrefour's office in South Jakarta. The dismissal of an employee has sparked the action, according to the head of the Carrefour Indonesia Workers' Union. The Jakarta Post (Indonesia) (19 Aug.)  | 3 Advertisers Succeed with Social, Local, and Mobile Ads
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 - Inditex strengthens oversight of Zara production system in Brazil
Inditex, which owns Zara, said it's ramping up oversight of its production system in Brazil following a raid in Sao Paulo which found workers in unsafe conditions earning a pittance. Inditex said the workers were illegally employed by a subcontractor and that it would not tolerate such infringements. BBC (18 Aug.)  | Don’t miss DMA2011— The Global Event for Real-Time Marketers. You’ll hear thousands of practitioners and experts discuss solutions and best practices to achieve optimal channel mix and integration that lead to measurable results and increase real-time customer engagement. Save an extra $300 when you register now with Keycode SMB3. |
 | E-commerce Spotlight | | | | - Argos considers offering e-books on its website
Argos is striving to grow its online bookselling site, which was launched earlier this year, by possibly offering e-books on the site. "We are definitely looking to go into e-books and work with our partners to offer that to customers," said Theunis Scheepers of the Argos business development team. TheBookseller.com (U.K.) (19 Aug.) - M&S strives to increase multichannel sales
Marks & Spencer is aiming to significantly bolster multichannel sales and has taken steps toward developing a new e-commerce system and new digital platform. M&S has commissioned SapientNitro to develop its new platform, which will replace operations that are run through an Amazon partnership. "We have had a very successful relationship with Amazon but in order to fulfill our multichannel ambitions we need to build and manage our own platform," said Laura Wade-Gery, incoming executive director of multichannel e-commerce at M&S. InternetRetailing.net (18 Aug.), MarketingWeek.co.uk (U.K) (free content) (18 Aug.) | Spotlight on Fashion | | | | - Researchers delve into shoppers' self-esteem
The fashion industry has long used gorgeous models to sell its goods, which has sparked criticism from those who say marketing campaigns play upon the insecurities of regular consumers. Researchers have looked into how the situation plays out when consumers see beautiful woman trying on the same outfits they are trying in a store environment. The findings might prompt retailers to rethink their approach to dressing rooms and their sales assistants, according to the researchers. Calgary Herald (Alberta)/Financial Post (18 Aug.) - London emerges as world's fashion capital, survey finds
Global Language Monitor, a trend analyst based in Texas, has released the results of a survey that found London is now the world's fashion capital, having surpassed New York. The shift was spurred by interest in the late British designer Alexander McQueen and the Duchess of Cambridge. "We are seeing what the impact of two genuine media stars can have upon a global ranking. Our numbers show that it was their presence that tipped the victory to London over New York," said Bekka Payack of Global Language Monitor. The Telegraph (London) (17 Aug.) | NRF News | | | | - 5 secrets to recovering lost spend
From increasing competition and inconsistent consumer spending to rising merchandise costs and high employee turnover, retailers face considerable challenges to achieving profitability. Join executives from The Container Store, Paystream Advisors and Coupa Software for a Aug. 25 STORES Knowledge Series webinar which will focus on five internal opportunities to cut costs and achieve efficiencies that will deliver savings straight to the bottom line. Learn more.
| SmartQuote | | | |  | It is as impossible to withhold education from the receptive mind, as it is impossible to force it upon the unreasoning."
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