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25 January 2013
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Global retail industry news

  Global Industry Watch 
 
  • Target collection to explore Canadian Roots
    Target's lineup of limited-time collections to make their debut as the first of 135 planned Canada stores open this spring will include a line from famed 40-year-old lifestyle brand Roots. The Roots Outfitters collection will sport national symbols including the beaver and the maple leaf on fashions for men, women and children priced between $7.99 and $34.99. CBC.ca (Canada) (24 Jan.) LinkedInFacebookTwitterEmail this Story
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  Retail in Europe 
  • UK retail on the rise in January, survey says
    UK retailers have seen higher-than-expected sales gains this month, according to a survey released Thursday by the Confederation of British Industry. "Despite mixed news from the high street over the past few weeks, strong sales growth in the grocery sector has added a touch of sparkle to overall retail sales," said ASDA CEO and CBI panel chairwoman Judith McKenna. Reuters (24 Jan.) LinkedInFacebookTwitterEmail this Story
  Retail in Asia 
  • India's trade minister works to woo Wal-Mart
    Trade Minister Anand Sharma sought to reassure Wal-Mart International CEO Doug McMillon that India's new policy on allowing foreign retailers to own up to 51% of multi-brand stores isn't likely to be reversed, when the two met at the World Economic Forum in Davos. The meeting came as India's cabinet announced it will appoint a retired judge to investigate whether the retailer broke any laws when it lobbied US lawmakers on issues related to expanding market access in India. The Wall Street Journal (25 Jan.) LinkedInFacebookTwitterEmail this Story
  E-commerce Spotlight 
  • Virtual models wear H&M's looks online
    Fashion retailers including H&M and Vente-Privee use technology from Stockholm-based Looklet to display their styles in catalogs and online using virtual models, which lets them save money and time on photo shoots. Some customers criticized H&M for not disclosing that their models were composites instead of real people, but the retailer says the technology allows it to display looks from more angles. The Wall Street Journal (23 Jan.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Fashion 
  • Retailers see creativity on the Paris catwalks
    The runways at men's fashion week in Paris hummed with energy and creative new looks from Saint Laurent, Lanvin, Valentino and Dries Van Noten that drew praise from retail buyers from US and European department store buyers. "In men’s wear, Milan has been considered the place to be, but as a store, we feel that Paris has evolved and certainly given the market its fair share," said Harrods' general merchandise manager for men's wear Jason Broderick. Women's Wear Daily (subscription required) (24 Jan.) LinkedInFacebookTwitterEmail this Story
  • Which fashion brands will win over global middle class?
    The global middle class, defined as people who spend between $10 and $100 per day, is emerging more rapidly in developing nations, which are expected to be home to four-fifths of the group by 2030. Most won't have budgets that stretch to luxury brands, instead favoring mid-priced and fast-fashion labels such as Zara and Next, according to consultancy Roland Berger. Reuters (21 Jan.) LinkedInFacebookTwitterEmail this Story
 
  • "Fashletics" trend takes over in workout wear
    Only about 19% of the workout wear Canadians buy ever sees the inside of a gym or yoga studio, according to NPD Group. Instead, consumers wear the gear to be comfortable and sometimes make a fashion statement. "There are so many women you see at Starbucks on Saturday grabbing a coffee in yoga pants, but are they really going to yoga? Probably not," said Shawna Labine, branding specialist for retailer Sporting Life, which coined the term "fashletics." Canada.com/Postmedia News (21 Jan.) LinkedInFacebookTwitterEmail this Story
  • Other News
  NRF News 
  • NRF releases monthly sales reporting dates for 2013
    NRF's 4-5-4 calendar serves as a voluntary guide for the retail industry and ensures sales comparability between years by dividing the year into months based on a four weeks/five weeks/four weeks format. The 4-5-4 calendar also establishes sales release dates, which have historically been on the first Thursday following the month's end. NRF has released calendars for 2013 through 2017. View the calendars. LinkedInFacebookTwitterEmail this Story
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--Marie von Ebner-Eschenbach,
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