All Retail articles – Page 35
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ArticleItalian luxury sector expects a rebound in U.S., European sales
Italian luxury firms are currently focusing on the Asia Pacific region but they expect a sales rebound in key markets such as Europe and the U.S. following the slump caused by the Covid-19 pandemic. An omnichannel strategy will remain a key driver to reap the benefits of the expected growth, ...
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News briefs
Pajar opens its first store in the U.S.
Pajar, a Canadian family-owned fashion brand born in Montreal in 1963 and known for its footwear and outerwear, opened its first brick-and-mortar retail store in the U.S. The 2,500-square-foot shop is located in the heart of New York City at 114 Wooster Street in SoHo. It features roughly 300 footwear, ...
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Moscow introduces a new lockdown
Due to the rapid increase in Covid-19 cases in Russia, Moscow’s mayor, Sergei Sobyanin, decided to introduce an 11-day lockdown from Oct. 28. Restriction includes all non-essential stores, schools and businesses. Non-vaccinated people over the age of 60 will not be allowed to leave their homes. The country’s president, Vladimir ...
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Sales of premium fashion tripled in Russia
Sales of premium apparel, footwear and accessories in Russia tripled value in the first three quarters of 2021 compared to the same period of the previous year, according to the Russian data provider ODF. “April to June [2020] was the period of the toughest lockdown in Russia. Therefore, it was ...
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Allbirds opens 2 stores in the U.S.
Allbirds, the B Corporation certified Californian brand of footwear and apparel, has opened two new stores in the U.S. It opened a 2,892-square-foot retail store and community center in Cambridge on Oct. 15. It is the brand’s second store in the Boston area. On Oct. 12, the brand opened a ...
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Eco shoes label Inuikii launches at Selfridges
This fall, London’s high-end department store Selfridges is set to join a number of other top-name outlets throughout Europe, including Galeries Lafayette in Paris, in carrying Swiss sustainable luxury footwear brand Inuikii. Available also online, via the Zurich-based company’s website, and others, including Nordstrom’s in the U.S., Inuikii specialises ...
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News briefs
Vögele Shoes hires a purchasing, marketing head
The Swiss footwear retailer Karl Vögele AG (KVAG), which operates the banners Vögele Shoes, Bingo and Max Shoes, has hired Timm Jacob as head of purchasing and marketing and joins the senior management team along with the chairman Christan Müller and the CEO and chief financial officer Max Bertschinger. Jacob ...
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Faguo opens ‘eco-conscious’ store in Paris
Faguo’s new store at the Montparnasse train station in Paris purports to manifest “the most eco-conscious retail concept in France.” It follows similar stores in Amiens, Toulouse and elsewhere in Paris. Yet another such store is slated to open next month in Dijon. The French design firm behind the development, ...
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ArticleBritish luxury brands face duty-free hit
The U.K.’s luxury goods sector is set to feel the full impact of the government decision to axe tax-free shopping as Covid-19 travel restrictions come to an end and a key Chinese week-long public holiday looms, a survey showed. Latest data from the e-commerce specialist ESW revealed that 46 percent ...
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ArticleLloyd sees sales rebound, launches new biking shoe collection
The German shoemaker Lloyd Shoes is preparing the commercial launch of a new collection for e-bike riders heading to the office, as its own business starts to pick up after suffering from coronavirus-related lockdowns. Lloyd will begin selling the snap collection in early October in stores, including bicycle retailers, in ...
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ArticleEmerging designer: Jerelyn Creado receives first order from Italian boutique
Exhibiting as part of the Emerging Designers event at Micam, held at the Milan Fairgrounds from Sept. 19 to 21, 2021, Jerelyn Creado’s eponymous brand scored its first-ever order from an Italian retail store – by the middle of the second day. From December, the designer’s colourful hand-made women’s shoes, ...
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News briefs
Percassi opens another Nike store in Barcelona
Last year Nike made Italy’s Percassi Group its preferred partner in southern Europe, opening six stores with the Italian firm in Greece, Italy and Portugal as well as a flagship on a major thoroughfare in Barcelona, Paseo de Gracia. According to Palco23, a Spanish news service covering the sports business, ...
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ArticlePrimark benefits from pent-up demand, sees inventories declining
Associated British Foods (ABF) expects the adjusted operating profit of its food business and Primark to exceed its expectation for the fourth quarter ending Sept. 18. “Primark’s operating profit margin in the period was strong despite lower than expected sales,” ABF said in a statement. Primark is expected to post ...
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René Caovilla opens a store in Faubourg-St-Honoré
The Italian producer of luxury goods René Caovilla inaugurated a store in Paris’ rue du Faubourg-St-Honoré. The store has a VIP lounge that displays the brand’s most exclusive models.
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ArticleDesigner Brands gains market share in athleisure, kids’ footwear
In the second quarter ended July 31, Designer Brands posted a 66.9 percent year-on-year increase in net sales to $817.3 million, with comparable sales up by 84.9 percent as it continues to focus on athleisure and kids’ footwear. The U.S. retail business posted an 83.5 percent increase in sales to ...
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Deichmann may double its store network in the U.K. over time
The German footwear company Deichmann plans to expand in the U.K., where it could gradually double its network of 109 stores. In an interview with the Financial Times, Samuel Deichmann, the 28-year-old great grandson of the chain’s founder who manages the British business, said that the company sees ”a lot ...
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Klarna launches in Poland
Klarna, the Swedish banking, payment and shopping service with over 90 million users worldwide, officially launched in Poland on Aug. 18, partnering with H&M to introduce the “Pay in 30 Days” option and the Klarna app. Klarna will expand its presence in Poland with a local team and office in ...
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El Corte Inglés to halve its suppliers
The Spanish department store chain El Corte Inglés plans to cut down by almost one-half the number of its suppliers under a program that started three years ago, according to El Economista. Meanwhile, the group has been recovering strongly from the Covid pandemic, which led it to book a net ...
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JD Sports and Nike launch virtual sneaker try-on event on TikTok
JD Sports is launching an interactive social media campaign, created in close partnership with TikTok’s Creative Lab, to support the release of Nike’s new Air VaporMax. Thanks to a 3D augmented reality branded effect, any TikTok user will be able to virtually superimpose the new shoes in three different colors ...
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Bally develops direct-to-consumer channel in Russia
The Swiss footwear company Bally opened its first store in Moscow in cooperation with Brand-à-porter, which also manages mono-brand stores for Escada, Kenzo, Giuseppe Zanotti, A. Testoni and Tsumori Chisato and has its own e-commerce platform. The Bally monobrand store occupies 150 square meters of shopping space in the Crocus ...
