H&M melds style, sustainability in Paris flagship | Debenhams could offload 6 stores in Denmark | M&S to review fashion lineup as part of turnaround plan
20 June 2018
CONNECT WITH NRF  LinkedInFacebookTwitter
NRF Global SmartBrief
Global retail industry news
Global Industry Watch
H&M melds style, sustainability in Paris flagship
H&M melds style, sustainability in Paris flagship
(Francois Durand/Getty Images)
The redesigned Hennes & Mauritz flagship in Paris features clothing repair, customisation services and natural detergents as part of a push to add a fashionable flair to sustainability efforts. The 50,000-square-foot, six-floor store also includes children's apparel and a 4,000-square-foot home goods section.
Women's Wear Daily (subscription required) (18 Jun.) 
LinkedIn Twitter Facebook Google+ Email
Retail in Europe
Debenhams could offload 6 stores in Denmark
UK department store Debenhams, which restated its profit forecast Tuesday, is considering selling Denmark-based Magasin du Nord, said CFO Matt Smith. The possible sale of the six-store chain that Debenhams acquired in 2009 for £12.3 million is part of the parent company's cost savings strategy.
Reuters (19 Jun.) 
LinkedIn Twitter Facebook Google+ Email
M&S to review fashion lineup as part of turnaround plan
M&S to review fashion lineup as part of turnaround plan
(Jack Taylor/Getty Images)
Marks & Spencer could drop Per Una, a private-label fashion line that debuted in 2001, and other lines as the UK retailer formulates a strategy to stimulate non-food sales. Per Una was created in partnership with designer George Davies, who sold his interest to M&S in 2004 for £125 million.
The Telegraph (London) (tiered subscription model) (17 Jun.) 
LinkedIn Twitter Facebook Google+ Email
Retail in Asia
Alibaba, Tencent engaged in mobile payments rivalry in China
Major internet companies Tencent Holdings and Alibaba Group Holding are joined in a war over mobile payments in China, where transactions totaled $15.4 trillion in 2017, according to iResearch. Alibaba has offered deep discounts to gain more Alipay users, while consumers' strong use of Tencent's WeChat has helped the app's payment option make huge strides.
The Wall Street Journal (tiered subscription model) (14 Jun.) 
LinkedIn Twitter Facebook Google+ Email
Featured Content
Sponsored content from Vend Point-of-Sale
Retail Benchmarks 2018: How Does Your Business Compare?Ever wondered how much retailers in your industry earn in a month and how large their profit margins are? Are you curious about how many transactions similar stores process and how many customers they have? This report looks at the performance of over 13,000 retailers to uncover insights into their revenues, transaction values, margins, and customers. Check it out to gain insights into how you measure up.

    LinkedIn Twitter Facebook Google+ 
    Click here to learn more about Featured Content

    E-commerce Spotlight
    Amazon growth to exceed 3,500 employees in Ireland
    Amazon will create upwards of 1,000 new jobs in Ireland by 2020, taking its workforce there to more than 3,500, the company said. US-based firms including Apple, Facebook and Google employ about one in 10 workers in the country.
    Reuters (18 Jun.) 
    LinkedIn Twitter Facebook Google+ Email
    Technology Solutions
    JD.com's 4-employee warehouse completes 200,000 orders daily
    A warehouse run by Chinese e-commerce company JD.com is now operating a fulfillment centre that processes up to 200,000 orders daily with only four employees. The warehouse uses robots to move 16,000 packages each hour with an accuracy rate of 99.99%.
    The Daily Mail (London) (15 Jun.) 
    LinkedIn Twitter Facebook Google+ Email
    Spotlight on Luxury Goods
    Streetwear, diverse hues color newest men's fashion lines
    Streetwear, diverse hues color newest men's fashion lines
    (Miguel Medina/AFP/Getty Images)
    Buyers for retailers including Bergdorf Goodman and Selfridges found plenty to like at the Milan Fashion Week men's shows, including streetwear collections and styles that hark back to the trends of the 1980s and '90s. "From neutrals to rich spice hues to neon, it is the season of color," said Roopal Patel, fashion director at Saks Fifth Avenue.
    Women's Wear Daily (subscription required) (19 Jun.) 
    LinkedIn Twitter Facebook Google+ Email
    NRF News
    NRF calls latest tariff threat "reckless escalation," asks Congress to intervene
    After President Trump announced Monday that he is considering tariffs on an additional $200 billion in Chinese goods, NRF urged Congress to step in on trade policy, saying a trade war "threatens to sap the energy out of the strong US economy just as most Americans are starting to enjoy the benefits of historic tax reform." Learn more.
    LinkedIn Twitter Facebook Google+ Email
    I rarely end up where I was intending to go, but often I end up somewhere that I needed to be.
    Douglas Adams,
    LinkedIn Twitter Facebook Google+ Email
    Learn more about NRF:
    Join NRF | Events | FIRAE | News
    Resources | Global Retail Community
    Sign Up
    SmartBrief offers 200+ newsletters
    Learn more about the SmartBrief audience
    Subscriber Tools:
    Contact Us:
    Advertising  -  Dena Malouf
    Editor  -  Tanya Martin
    Mailing Address:
    SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
    © 1999-2018 SmartBrief, Inc.®
    Privacy Policy (updated May 25, 2018) |  Legal Information