All Retail articles – Page 25
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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 ...
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ArticleDeichmann sales fall 20% in 2020
The German retailer Deichmann suffered a 20 percent decline in sales last year, resulting in €1 billion in lost revenues globally, due to the outbreak of the Covid-19 pandemic, the chairman, Heinrich Deichmann, told Textilwirtschaft. In the interview, he said that the group had not dismissed any employees or closed ...
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ArticleEobuwie opens its first physical store outside Poland
Eobuwie, the online retailer owned by the Polish group CCC, has opened its first brick-and-mortar store outside Poland. Eobuwie has 25 physical stores in its home market and opened on July 30 a store in the Novy Smichov shopping center in Prague. Previously, eobuwie only operated in the Czech Republic ...
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New study says contactless card transactions will reach $2.5 trillion by 2021
The value of global contactless card transactions will reach $2.5 trillion in 2021, up from $1.7 trillion in 2020, and cards will continue to account for the largest share of total transaction value in 2021, at 79 percent, according to a new report from U.K.-based market research firm Juniper Research. ...
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Görtz expands its e-commerce reach
German footwear chain Görtz is further expanding its online presence with an accelerated overhaul of its retail strategy. Under the “Görtz Connected” concept, a cornerstone of the Hamburg-based company’s revamped digital-driven strategy consisting in enhancing its Goertz.de website with the opening of an online store for brand partners in ...
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ArticleBoohoo ties-up with Alshaya to expand Debenhams in Middle East
Boohoo has formed a partnership with Kuwait-based Alshaya Group to expand the presence of the British fast fashion retailer’s Debenhams brand in the Middle East. Alshaya, a franchise operator which currently runs Debenhams stores in shopping malls, will have exclusive rights to operate the stores and a local e-commerce platform ...
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PacSun enters the sneaker resale market
The American clothing brand Pacific Sunwear of California (PacSun) has entered the sneaker resale market with the initiative PS Reserve. The service was launched on July 5 and is accessible through PacSun’s website. It offers a mix of sneakers, clothing and accessories from leading brands including Nike, Adidas and Supreme. ...
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John Lobb opens a store in Paris
John Lobb has opened a club-like store, with interior design by the French firm Ciguë, at 51 rue François Premier in Paris. The brand’s CEO, Philippe Gonzalez, described it to Fashion Network as a “place and moment to cool down.” “Even if you don’t buy today,” he continued, “you will ...
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Besson to open 3 new stores on May 19
The French footwear retailer Besson Chaussures is opening on May 19 three new stores, including its first in Paris. Besson’s stores are typically located in the outskirts of urban areas. The retailer currently has a network of 164 stores. The Parisian store will occupy 940 square meters and will be ...
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ArticleSchuhplus expands retail network in Germany
Schuhplus, the German mail-order retail specialist for extra-large men’s and women’s shoes, is expanding its retail network with six new store openings across the country. After the recent announcement of a 125-square-meter store in Leipzig’s main railway station, the retailer prepares to open new locations in Dresden, Munich, Nuremberg, ...
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Skechers to open its first French outlet store
Skechers is planning to open its first outlet store in France this summer. The store will be located in Corbeil-Essones, south of Paris. The U.S. brand already has three company-managed shops and nine franchise stores in France.
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Eram to open stores co-branded with Texto and Bocage
The French footwear retailer Eram has revamped four stores that will be co-branded with its low-to-mid tier brand Texto and premium label Bocage. The stores are scheduled to be launched on May 19 with the easing of Covid-19 lockdown measures in France. Eram first tested a co-branded store with Texto ...
