Friday, December 2, 2011

Marni to launch exclusive spring line at H&M

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02 December 2011
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Global retail industry news

  Global Industry Watch 
 
  • Lululemon expects post-holiday discounting
    Canada's lululemon athletica expects to do post-holiday markdowns to get rid of remaining merchandise, after more than a year of inventory shortages amid fast-growing demand for its upscale yoga togs, the company said. "Last year we didn't have any product to do the holiday sales. This year, we anticipate we'll be in a more normal markdown post-holiday mode," said CEO Christine Day. The Globe and Mail (Toronto) (01 Dec.) LinkedInFacebookTwitterEmail this Story
  • Delhaize to add 450 new stores
    Brussels-based Delhaize Group plans to open around 450 stores in several international markets by 2014, with a focus on newer, high-growth operations like Bottom Dollar Food in the US and Red Market in Europe. "While we continue to be focused on the disciplined execution of the many projects that are ongoing, we are ready to accelerate our store-opening plans," said Pierre-Olivier Beckers, president and CEO. Progressive Grocer (01 Dec.) LinkedInFacebookTwitterEmail this Story
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  Retail in Europe 
 
  • Other News
Key Steps Business Owners Should Know About Successful International Payments. This American Express® guide helps you streamline FX payments. Includes FX payment provider profile, how to simplify payments, and insightful FAQ.
  Retail in Asia 
 
  • Foreign retailers face heavy supply-chain investments in India
    Changes to India's foreign-investment laws pave the way for major international chains including Wal-Mart and Carrefour to open more stores in the country, but they'll need to invest so much in the supply chain that they're not likely to see a profit for about five years, analysts say. Bloomberg (01 Dec.) LinkedInFacebookTwitterEmail this Story
  • Warm weather sends Japan's retail sales down slightly in November
    Sales at some of Japan's biggest retailers slipped slightly in November, largely because of warmer weather that slowed sales of winter apparel. Declines were offset at some chains, including Takashimaya, by an increase in sales of luxury goods including jewellery and special-occasion clothes. Women's Wear Daily (subscription required) (02 Dec.) LinkedInFacebookTwitterEmail this Story
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  Retail in Latin America 
 
  • Luxottica to expand in Brazil with Tecnol acquisition
    Luxottica said Thursday it will acquire Brazilian eyewear maker Tecnol early next year for about 110 million euros, a deal that will allow the company to start manufacturing locally and avoid heavy import duties. Italy-based Luxottica expects to double its revenue in Latin America next year. Reuters (01 Dec.) LinkedInFacebookTwitterEmail this Story
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  E-commerce Spotlight 
  • Online plus-size retailer sees big boost in Australia
    Online marketplace OneStopPlus.com says demand by Australian consumers for its plus-sized clothing has soared since the US company started shipping there in June. "We saw a spike in sales and customer satisfaction from the Australian market -- making it one of the largest international hubs for OneStopPlus.com," said Vice President Jim Lofgren. Inside Retailing Online (02 Dec.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Fashion 
 
  • J. Crew jumps into footwear with both feet
    J. Crew is raising the profile of its footwear offerings as it expands internationally, with plans to make shoes a standalone retail segment rather than a companion to the chain's apparel and accessories, said Tom Mora, head of women's design. Women's Wear Daily (subscription required) (28 Nov.) LinkedInFacebookTwitterEmail this Story
  • Marni to launch exclusive spring line at H&M
    H&M will launch an exclusive spring collection from Italian design house Marni in March, aiming to build on the success of previous affordable collections from designers including Versace and Karl Lagerfeld. The collection of skirts, dresses, trousers and knits will combine bold African prints and softer colors. The Telegraph (London) (29 Nov.) LinkedInFacebookTwitterEmail this Story
  • Ireland's Orla Kiely builds a fashion empire
    Orla Kiely was a retail consultant for Marks & Spencer and Habitat who sketched her designs at night before deciding in 1995 to start a company with her husband. Today, the designer's signature stem prints are sold in high-end department stores in 30 countries and she's expanding her namesake stores internationally. The Wall Street Journal (25 Nov.) LinkedInFacebookTwitterEmail this Story
  • Other News
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  NRF News 
  • How to boost holiday sales with data you already have
    Before shipping deadlines hit in a few weeks, historical patterns show that the next two Mondays may be significant sales days. Shop.org Head of Research Fiona Swerdlow says, "Retailers are sitting on a gold mine of sales data garnered over Black Friday weekend and Cyber Monday, which they should now use to make the most of the next few weeks." In a recent post on the Shop.org blog, Swerdlow shares 3 tactics to use now to boost sales between now and Dec. 24 with existing data. Read more. LinkedInFacebookTwitterEmail this Story
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Thursday, December 1, 2011

Save $250. December 2nd is Advance Deadline.

NRF 101st Annual Convention & EXPO. Jacob K. Javits Convention Center, New York City. Convention: January 15-18, 2012. EXPO: January 16-17, 2012. www.nrf.com/annual12.


 

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