News Briefs Retail – Page 34
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News briefs
Marc Shoes has opened a directly operated store of 100...
Marc Shoes has opened a directly operated store of 100 square meters in Berlin, where customers can order a shoe that is not available in their sizes for delivery the next day. The store also offers models from the 1885 styled by Berkemann collection of clogs and pumps. Meanwhile, retailers ...
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News briefs
Groupe Royer is seeking to revive the venerable Charles Jourdan...
Groupe Royer is seeking to revive the venerable Charles Jourdan brand, for which it has the rights all over the world except in the U.S., by opening a flagship store of 130 square meters on Place de la Madeleine in Paris, not far from the first store that the brand ...
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News briefs
Prada has opened a painstakingly restored Shanghai mansion, Villa Rong...
Prada has opened a painstakingly restored Shanghai mansion, Villa Rong Zhai in the Jing'an District, as a cultural center that will host an ever-changing lineup of art exhibitions, shows and events. Prada generated sales of more than €300 million in China in the first half of the current financial year ...
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News briefs
DSW is experimenting with the possible addition of a rental...
DSW is experimenting with the possible addition of a rental service at some of its stores. The service offered by the U.S. retail chain would involve shoes for special occasions such as weddings, promotions and other events.
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News briefs
JD.com, one of the largest e-tailers in China, has unveiled...
JD.com, one of the largest e-tailers in China, has unveiled a new luxury e-commerce platform for affluent Chinese consumers, called Toplife. So far, the luxury brands that have joined the platform include La Perla, Emporio Armani, Rimowa, B&O Play, and Trussardi. Others are expected to join shortly. JD.com said the ...
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News briefs
Beating analysts' estimates, LVMH reported a strong 14 percent increase...
Beating analysts' estimates, LVMH reported a strong 14 percent increase in total revenues to €30.1 billion for the first nine months of this year, with organic growth of 12 percent. In particular, its fashion and leathergoods division grew by 14 percent on an organic basis and by 21 percent including ...
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News briefs
Kering report another quarter of outstanding growth, posting a sales...
Kering report another quarter of outstanding growth, posting a sales increase of 23.2 percent for the third quarter, with a rise of 28.4 percent on a comparable basis. Gucci and other luxury goods operations enjoyed a sales increase of 26.6 percent, up by 32.3 percent on a comparable basis. Gucci ...
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News briefs
Kurt Geiger posted a 12 percent sales increase to £330...
Kurt Geiger posted a 12 percent sales increase to £330 million (€368.1m-$432.9m) for the financial year ended on Jan. 28, with same-store sale rising by 11 percent. E-commerce went up by 26 percent, representing 23 percent of the total turnover. Sales of luxury sneakers jumped by 48 percent. Ebitda advanced by ...
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News briefs
The German-based GMS buying group recorded a 2 percent increase...
The German-based GMS buying group recorded a 2 percent increase in retail sales to €273 million in the third quarter of 201. Positive business developments in France and the Netherlands and a strengthening in the home market of Germany underpinned the results. At the end of the third quarter, GMS ...
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News briefs
The growth trajectory of Yue Yuen has resumed in 2017...
The growth trajectory of Yue Yuen has resumed in 2017 with sales in the nine months to September having risen by 6.7 percent, compared with the increase of only 0.3 percent recorded in the first nine months of 2016. Yue Yuen, a subsidiary of the Pou Chen Group from Taiwan, ...
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News briefs
The figures in the casual footwear chart published in this...
The figures in the casual footwear chart published in this issue would have been different with the addition of Vans, a brand of skate and lifestyle shoes that is nearing an annual turnover of $2 billion. In its third-quarter report, VF Corporation said that Vans sales jumped by 26 percent ...
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News briefs
Another VF brand, Timberland, saw its revenues decline by 2...
Another VF brand, Timberland, saw its revenues decline by 2 percent in the third quarter, reflecting a shift in orders that reduced its global sales by an estimated 5 percent. Sales fell by 7 percent in the Americas and by 5 percent in Asia, but they went up by 3 ...
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News briefs
Santoni registered a 10 percent sales increase in the first...
Santoni registered a 10 percent sales increase in the first half of the year, driven by the positive performance of Europe and the U.S., its key markets. The company posted a 7 percent increase in 2016, with annual revenues reaching €75 million last year. The company has recently presented the ...
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News briefs
There is new evidence that the pace of growth is...
There is new evidence that the pace of growth is accelerating in China. The country's Gross Domestic Product (GDP) grew by 6.8 percent in the third quarter and was up by 6.9 percent for the first nine months of this year. That's well above the 6.5 percent growth target set ...
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News briefs
Footwear sales in the U.S. are not growing. According to...
Footwear sales in the U.S. are not growing. According to the Footwear Distributors and Retailers of America (FDRA), the demand in 2017 is set to grow at its slowest rate since the 2008 recession. Sales between January and July have been flat with 2016. Faced with struggling sales, shoe stores ...
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News briefs
French women consider September, the annual back-to-school season or “rentrée,”...
French women consider September, the annual back-to-school season or “rentrée,” to be the ideal month to renew their wardrobe, including their shoe closet. This is the opinion of 40.5 percent of the French women, a percentage that climbs to 54.2 percent when looking at the group aged 18-29, according to ...
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News briefs
Sabu, the German cooperative of independent shoe retailers, has launched...
Sabu, the German cooperative of independent shoe retailers, has launched on Sept. 1 a new e-learning platform to train people working in the shoe retail sector. The platform was developed in cooperation with HDS/L, the German shoe and leathergoods industry association, and ANWR, the other major German retail cooperative. It ...
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News briefs
Görtz, the German shoe retailer, and Wortmann, the German shoe...
Görtz, the German shoe retailer, and Wortmann, the German shoe producer that owns the Tamaris, Jana, Caprice, Be Natural and Marco Tozzi brands of footwear, will join forces to optimize the availability of products at the point of sale. Their collaboration has been steered by a German business consultancy, Hachmeister ...
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News briefs
Lloyd Shoes has announced the development of an electronically extended...
Lloyd Shoes has announced the development of an electronically extended aisle as part of its multichannel strategy. The German shoe brand developed the in-store ordering system together with Sinner Schrader Commerce and Novomind. The system is intended to enable employees in Lloyd stores to view the entire online portfolio and, ...
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News briefs
Fashionette, the e-tailer specializing in designer handbags, has launched a...
Fashionette, the e-tailer specializing in designer handbags, has launched a revamped online shop in the U.K., which follows the relaunch in Germany earlier this year. The new website features expanded editorial content and is optimized for mobile devices. Fashionette was recently honored with the Shop Usability Award 2017, a German ...
