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Jysk plans 30 new stores in Thailand.
The Danish furniture and homeware brand Jysk (turnover €2.16 billion for financial year 2017/2018) launched its first store in Thailand earlier this year, adding to the 1,249 stores in 20...
16 January 2019
Luxury brands are investing in Tokyo, before 2020 Olympics Games.
The luxury brand Bottega Veneta opened an 800 sq.m. flagship over six floors in Tokyo. The futuristic megastore is Bottega Veneta’s largest in Asia, designed to fit the modernist...
16 January 2019
The Korean retail sector is booming
The South Korean retail sector (US$280 billion in 2017) is thriving with a 6% year-over-year increase in retail sales by the third quarter in 2018. South Korea was adversely impacted by the...
16 January 2019
India: Titan is betting on ethnic fashion and saree’s market growth
The ethnic fashion and saree categories in India are growing at a very healthy rate. India’s ethnic wear industry is currently estimated to be US$11.63 billion and expected to grow further...
16 January 2019
Delivery services in New York : FreshDirect fears Jet.com.
Less than a year ago, FreshDirect, an online grocer, had a 73% online grocery market share in New York City but today the service only covers 63% of the market. FreshDirect is being pushed out by...
16 January 2019
Canadian Lululemon launches a service similar to Amazon Prime.
The canadian athletic wear brand beloved by yogis Lululemon experiments a subscription loyalty service. After a successful pilot program in Edmonton, Canada, the retailer launches a US$96 annual...
16 January 2019
Grupo Boticário expected a 7% growth in 2018.
The Brazilian perfumery and cosmetics franchiser, Grupo Boticário is on track to repeat last year’s results and post a 7% annual growth, reaching US$3.3 billion in revenue for 2018...
16 January 2019
Rebag plants resale shop in Westfield World Trade Center
Rebag, marketed as the ultimate destination for buying and selling luxury handbags, has opened its fifth new location this year in Westfield World Trade Centre. The store “houses the most...
16 January 2019
BEAUTY. THE DISRUPTIVE BRAND Aesop continues growth spurt
The luxury skin and soap brand Aesop, part of the Brazilian group Natura&Co, registers strong growth “in all channels and geographies during the third quarter in 2018”, according...
16 January 2019
H&M grows globally during 2018.
The Swedish fashion retailer H&M continued global growth in 2018. In a preliminary report for its 2018 fiscal year, the fashion giant said sales (including V.A.T.) increased by 5% up to...
16 January 2019
Carrefour Italia take new initiatives.
The French retailer experiments a new concept in its Portogruaro’s hypermarket. Extending over 5,000 sq.m, the hypermarket offers 20,000 SKUs of which 2,400 SKUs of fresh products (including...
16 January 2019
Inditex manages strong growth.
Whilst many rivals are struggling, Inditex once again showed strong numbers for the first 9 months of this financial year. Both net and gross profit grew 4% on the year. Inditex reported a net...
16 January 2019
Sainsbury opens Selly Oak superstore.
The British retailer Sainsbury opened a 1st Selly Oak store. The new concept raises the level of sophistication for shopping in a supermarket, offering complex and multiple department store...
16 January 2019
Beauty retailer Douglas AG expands market position
As one of Europe’s leading premium beauty retailer, Douglas continues to develop and enhance the well-established brand. The German group (2,400 stores in 21 countries) has changed logo and...
16 January 2019
Clas Ohlson’s cautious strategy of less international and more services
Swedish home improvement chain Clas Ohlson AB (237 stores) is taking a completely different business direction. Following her appointment as C.E.O. in June 2017, previously Ikea’s Head of...
16 January 2019
Amsterdam promotes local retailers.
The city of Amsterdam and property developer Greenhouse launched a new digital platform promoting local Dutch retailers. The platform is “Bij Ons Amsterdam”, translated as “With...
16 January 2019
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