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21 November 2012
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Global retail industry news

  Global Industry Watch 
  • Report: Russia's retail sales growth slows
    Retail sales growth in Russia slowed to 3.8% in October, the smallest increase in more than two years, as unemployment and prices rose and income growth lagged, according to the Federal Statistics Service. "It is evident that rather prominent inflationary pressures are weighing on the consumptive sector as inflation eats into the disposable income of consumers," said a research note from Tradition Analytics. Bloomberg Businessweek (20 Nov.) LinkedInFacebookTwitterEmail this Story
  • Forecast: Canadians to spend for the holidays
    Canadian consumers are expected to spend 4.6% more on the holidays this year, with shoppers in Alberta and Saskatchewan driving the increase, according to Colliers International. "Despite continued uncertainty in the global economy, Canadian retail spending levels have been remarkably resilient," said Colliers senior associate David Bell. Financial Post (Canada) (19 Nov.) LinkedInFacebookTwitterEmail this Story
  Retail in Europe 
  • French fashion brand A.P.C. maps growth plan
    Privately owned French fashion label A.P.C. turned 25 this year, with 60 stores across the globe and ambitious plans to expand in the US to shore up slower sales at home, says owner Jean Touitou. The label already exports 70% of its merchandise, which is also sold at department stores including Nordstrom, Bloomingdale’s and Saks. Women's Wear Daily (subscription required) (20 Nov.) LinkedInFacebookTwitterEmail this Story
  • Other News
  Retail in Asia 
  • Li Ning aims to increase business at home
    Chinese athletic shoe and apparel brand Li Ning has scaled back plans to dominate world markets in favor of building its market share at home. The Beijing-based company plans to put a new shine on both its retail stores and its image after overstocks forced several waves of deep discounting, with an eye on increasing its share of the market from 10% to 14% in the coming years. The Wall Street Journal (20 Nov.) LinkedInFacebookTwitterEmail this Story
  E-commerce Spotlight 
  • Researchers hope body scanner boosts online apparel sales
    Researchers at the London College of Fashion and the University of Surrey teamed with tech company Bodymetrics to create a "virtual tape measure" that uses images snapped by a webcam or smartphone to determine an online shopper's proper size. The company, which has already created in-store sensors for retailers including Bloomingdale's, Selfridges and Karstadt, aims to use the technology to help fashion retailers boost online sales. Reuters (20 Nov.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Luxury Goods 
  • Christian Louboutin marches on after 20 years
    Upscale footwear designer Christian Louboutin marks his 20th year in the business this year, a milestone that spurred faster expansion and a bigger move into the men's shoe arena. On the eve of opening the brand's 65th store, the designer looks ahead, talks about his favorite parts of the business and shares the challenges of maintaining a tightly knit company culture amid global growth. Women's Wear Daily (subscription required) (19 Nov.) LinkedInFacebookTwitterEmail this Story
 
  • Fred Segal to debut Tokyo flagship next year
    Iconic Hollywood fashion brand Fred Segal will open a 10,000-square-foot Tokyo flagship next year, with styles curated by executives at the retailer's US headquarters and manufactured by Mitsubishi Corporation Fashion. The company expects to expand its presence in Japan after opening the Tokyo store, with additional stand-alone stores and in-store boutiques. Women's Wear Daily (subscription required) (20 Nov.) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • Forging the right path to international expansion
    Building bridges into new and emerging markets requires the right expansion framework and a critical analysis of market dynamics. A new white paper by L.E.K. Consulting posted in the Shop.org library explains the hot target markets, modern day examples within the industry, and entry strategies all companies should know to create both global brand consistency and tailor products for local appeal. Download the white paper. LinkedInFacebookTwitterEmail this Story
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  Editor's Note 
  • SmartBrief will not publish Thursday and Friday
    In observance of Thanksgiving in the US, SmartBrief will not be published Thursday and Friday, Nov. 22 and 23. Publication will resume Monday, Nov. 26. LinkedInFacebookTwitterEmail this Story
  SmartQuote 
If the only prayer you said in your whole life was 'thank you,' that would suffice."
--Meister Eckhart,
German theologian and philosopher


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