| Global retail industry news |  |
- Sail Outdoor charts growth course
Canada's Sail Outdoor has seen success with superstores in Quebec, and now it aims to make a name for itself with superstores in Ontario's increasingly crowded outdoor sporting goods arena. The company knows its dual audiences -- the first floor of a 50,000-square-foot store in Ottawa shows off everything from kayaks to backpacks, while firearms are tucked away in a lower-profile space upstairs. The Globe and Mail (Toronto) (14 Feb.)       | Consumer Insights Your Brand Needs to Know: Latest Trends in Behavioral Advertising
Learn what brand managers, advertisers, as well as networks, agencies, and publishers need to know about consumer survey insights into behavioral ad serving, also known as interest-based advertising. Learn more today! |
 - Could Britain's businesses become more like John Lewis?
Patrick Lewis is the great-grandson of John Lewis, who founded his namesake retail chain in 1914 on a shared-ownership model that continues to this day. A government official's calls for more UK companies to create similar employee-ownership models may not be realistic, he says. "We have been explaining to government both the benefits but also the challenges and barriers that need overcoming if they want to support others like us." The Guardian (London) (14 Feb.)  | Inventory Optimization for the Consumer Products Industry
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 - Uniqlo to open Tokyo flagship, remake image at home
Japan-based Uniqlo will open a 53,375-square-foot flagship in Tokyo next month, as part of a push to rebrand the retailer at home to better reflect its international image. In contrast to the small, local flavor of its existing shops in Japan, the 12-floor flagship will employ 520 people, 100 of them non-Japanese, and offer concierge services in six languages. Women's Wear Daily (subscription required) (14 Feb.) - India's garment industry to feel pinch of slower sales
Slower sales had India's apparel retailers marking down existing inventory in November and December, and garment manufacturers are preparing for a 10% to 15% drop in new orders as stores pare back their inventories for at least the next two quarters. "The medium-priced and premium brands are the ones which have felt the impact, as disposable incomes have come down," said Arvind Singhal, chairman of Technopak. Business Standard (India) (15 Feb.)  | Avoid theft and fraud with Modern Video Security.
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 - China's 360buy.com makes moves to boost profits
Online retailer 360buy.com, which made a name for itself as a low-price leader in online goods in China, has turned its efforts to making a profit. The retailer has been focused on cutting costs and has also been raising prices as much as 15% since the beginning of 2012, according to one estimate. ZDNet (13 Feb.)  | Learn How to Cut HR Costs Without Cutting Production
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 | Spotlight on Luxury Goods |  |  | | - Cambodians spend new wealth in luxury shops
A growing number of luxury brands are finding a warm welcome from Cambodia's growing middle class, many of whom are turning to authentic luxury brands after years of buying less-expensive knockoffs, some retail experts say. Domestic operators Sovereign Retail and Ming Wouy Group have brought several brands to the country, including Axara, Mango, Polo Club and Pierre Cardin. The Phnom Penh Post (Cambodia) (15 Feb.) - Report: China's online luxury sales soar
Online luxury sales in China rose 68.8% to more than 10 billion yuan in 2011, and is on track to continue growing as more high-end brands enter the market, according to data from iResearch. "Many second- and third-tier brands are not yet being sold in China. When they enter the market, online selling would be the best channel for them," said analyst Ding Jiaqi. China Daily (Beijing) (14 Feb.) | NRF News | | | | - January retail sales rise 4% year-over-year
The U.S. Department of Commerce announced a solid growth across the board for the retail industry for January, showing a sustained growth in consumer sentiment and a slightly improving labor market. According to NRF, the 4% year-over-year increase for January (excluding automobiles, gas stations and restaurants) comes in a traditional slower sales month for retailers. Read the full release.
| SmartQuote | | | |  | Genius ... means little more than the faculty of perceiving in an unhabitual way."
--William James,
American psychologist and philosopher  |
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