| Global retail industry news |  |
- Adidas Olympics merchandise sales reach $156 million
Adidas has sold more in merchandise than it spent on sponsoring the Olympics games. "The biggest sales are coming now," said CEO Herbert Hainer. "We can see people are queuing in stores now to get their products." The brand will not sponsor the 2016 Olympics in Rio, deciding instead to focus on the 2014 soccer World Cup, which brings in significantly more revenue for the company. Reuters (02 Aug.)      - eBay finds out how French women shop
Ninety-five percent of French women share their fashion purchases online, according to a study conducted by eBay and French publication Terrafemina. The companies polled 510 French women between the ages of 25 and 35, and discovered that 17% use their smartphones to buy items on a regular basis, and 47% use their professional computers to shop. EcommerceBytes (02 Aug.)  | 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. |
 - Spain's e-commerce skyrockets
E-commerce in Spain is expected to increase from $15.64 billion in 2011 to $18.57 billion in 2012, a growth of 18.8%. Sales are forecast to surpass $30 billion by 2016. Amazon is the top retail site for Spanish customers ranked by unique visitors. eMarketer (02 Aug.)  | Knowing your customer better comes with undeniable benefits. But challenges arise from behaviorally-targeted advertising with critical caveats on the management of personally identifiable information. Learn to balance profitable marketing, regulation and consumer trust in this FREE white papaer. |
 | Retail in Asia |  |  | | - India lifts ban on Pakistani businesses
The Indian government terminated a longtime ban on Pakistani businesses in an effort to improve international trade. Designers selling "lawn," a Pakistani specialty cloth, are especially optimistic about the change, as they are eager to sell their product to a market showing great interest. But the ban lift isn't a perfect solution. "This decision is a very good sign from the Indian side but they really have to lower duties on imports, not just for Pakistan but for the whole world," said Bashir Ali Muhammad, chairman of Gul Ahmed Textile Mills. "India for a long time has been too nationalistic about protecting its market." The Guardian (London) (02 Aug.) - U.S. clothing brands permeate India through unauthorized sites
American brands including Abercrombie, American Eagle Outfitters and Aeropostale do not have stores in India, yet their products are for sale on the country's startup sites, at discounts of over 50%. "What will happen is when these (foreign) brands eventually decide to come to India they will blacklist these sites," said Darshan Mehta, chief executive of Reliance Brands. But until then, the atypical market can benefit brands by offering valuable research and data. "Currently online (shopping) in India is the way forward to test the waters for a lot of brands," said Rahul Narvekar, the co-founder of fashionandyou.com. Reuters (02 Aug.) | Spotlight on Fashion | | | | - Tod's releases autumn/winter campaign, focuses on Italian Modernism
Returning to its roots, luxury brand Tod's has selected Italian Modernism as the theme for its autumn/winter campaign. "This campaign brings Tod's back to its original heritage, with touches of modernism," said Dalia Strum, president of Dalia Inc., New York. Tod's describes the campaign as having "surreal, almost dreamy mood characteristics." Luxury Daily (02 Aug.) | NRF News | | | | - Retailers and cross-channel consistency: A global report
Retailers meeting today's cross-channel demands for seamless functionality is no small task -- especially when magnified to markets across the world. In a post on the Shop.org blog, Okamura Consulting's Jim Okamura shares the background of its recently released report, which tallied how 144 multichannel retailers were delivering in 17 markets across the world, and puts in perspective the tactics that are positioning retailers as cross-channel champions. Read more. Shop.org Blog (16 Jul.)
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