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26 December 2012
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Global retail industry news

  Global Industry Watch 
  • Eating Cinnabon in Tripoli
    Cinnabon opened its first Libyan franchise this year as part of a long-term expansion in the Middle East, where the chain opened its first stores 15 years ago, said President Kat Cole. Global growth is key to Cinnabon's strategy, she says in this interview, with Russia the fastest-growing market. "China is really the only place where we aren't." The Wall Street Journal (25 Dec.) LinkedInFacebookTwitterEmail this Story
  Retail in Europe 
  • New owners put Clinton Cards on turnaround track
    Clinton Cards entered administration and closed about half its 750 UK stores before creditor American Greetings acquired the company earlier this year. Since then, the retailer has invested about £16 million to modernize stores and operations with the ultimate goal of boosting sales by merchandising bigger-ticket gifts alongside the cards. BBC (24 Dec.) LinkedInFacebookTwitterEmail this Story
  Retail in Asia 
  • India's retailers celebrate better-than-expected Christmas
    Sales in the 10 days before Christmas rose as much as 30% at India's retailers compared to the same period last year, and unexpectedly high demand is giving merchants the option of putting off deep discounting until mid-January. "This quarter has been one of the best since 2008. Demand has been consistent across categories," said Future Group CEO Kishore Biyani. The Economic Times (India) (26 Dec.) LinkedInFacebookTwitterEmail this Story
  • Other News
  E-commerce Spotlight 
  • Australia's online retailers start Boxing Day sales early
    Online retailers in Australia didn't wait for Christmas to be over to begin offering Boxing Day discounts. Some, including Dick Smith and Myers, began their sales on Christmas Eve, and David Jones took its online store down Monday to get ready for Christmas Day sales. “We understand that shopping behaviour is changing ... we don't want customers to have to wait until Boxing Day,” said Dick Smith CEO Nick Abboud. The Sydney Morning Herald (Australia) (24 Dec.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Luxury Goods 
  • Selfridges upgrades women's designer gallery
    Selfridges has created a new 42,000-square-foot Women's Designer Gallery at its Oxford Street flagship in London, with a mix of ready-to-wear in-store shops and made-to-order shops from designer Emilia Wickstead and Savile Row tailor Henry Rose. The department store plans to add additional made-to-order services next year from shirtmaker Charvet and the Scottish cashmere company Hawick. Women's Wear Daily (subscription required) (26 Dec.) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • Why data sharing is the "new black" for fashion retailers
    The fashion industry, relatively unchanged for decades, has been transformed in recent years by the always-connected consumer. At Retail's BIG Show, Jan. 13 to 16 in New York City, renowned English entrepreneur and Wednesday agency's Oliver Walsh will share how the emergence and adoption of social networking and the social graph is changing fashion forever, and why data sharing is the "new black" for fashion retailers now embracing the latest technological advancements. Learn more. LinkedInFacebookTwitterEmail this Story
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