Marks & Spencer Champs-Elysées reports 9.8 million euro loss
Amidst problems with profit erosion, Marks & Spencer has reported major losses made by its flagship Champ-Elysées store in Paris, reporting a loss of 9.8 miilion euros in four months.
Retail
Inditex buys Finnish Zara franchise
The Spanish retail group has bought out its Finnish franchise from the Stockmann group to take full control of its four stores in the country.
Expansion costs hit H&M earnings
Hennes & Mauritz, the world's No.2 fashion retailer, posted an unexpected drop in quarterly earnings, hit by competition in tough European markets and the cost of its expansion drive to...
Vente-Privée: an expensive first year for the United States
The flash-sales site generated 1.3 billion euros in turnover in 2012, 25 million of which came from the United States, after its launch one year ago.
ASOS France recruits Country Manager from Amazon
Asos France has appointed Gaëlle Wuilmet as Country Manager. She made the move from Amazon three months ago, much like Brian McBride, Chairman of Asos.
Gap planning entry into India for 2014
The American group could open in India in 2014. Gap has yet to decide whether it will seek the help of a local partner or create a wholly-owned subsidiary.
John Lewis blames snow as sales growth stalls
John Lewis has become the first British retailer to caution that last week's snow hit sales growth.Britain's biggest department store group, said on Friday its sales rose 6.7 percent to...
JK Iguatemi, the new temple of luxury in Brazil
It has been a main event in Brazil since its opening last year. The JK Iguatemi Mall is a new shopping center in Sao Paulo with fifty luxury brands and major ready-to-wear labels.
Mobile commerce continues to rise worldwide
With an 136% increase in the number of mobile-buyers in China, 58% more sales expected to be made from mobile devices in the US and 20 billion euros to be spent online via mobile phones...
Primark to open in France by September
The British retailer has said the first French stores should be open by the end of its financial year in September.
H&M taps Vanessa Paradis to be the face of its Conscious collection
To promote this year's Conscious collection, H&M has chosen Vanessa Paradis to feature in a campaign leading up to the collection launch in March.
Frenchologie: a UK e-store dedicated to French brands
Created by two French women living in London, this new e-store offers a selection of high-end French labels with a view to supply the Great British public with French fashion, accessories...
UK retail sales disappoint in December
British retail sales dashed hopes on Friday of a Christmas boost for a struggling economy, falling on the month in December and growing the least on the year since April.
Westfield and Hammerson make peace in London shopping centre battle
Australian mall owner Westfield Group has made peace with Anglo-French developer Hammerson in a long-running battle over an ageing south London shopping centre, agreeing to redevelop it...
Uniqlo prepares for entry into India
Fast Retailing, owner of the Japanese brand, is set to sign a joint-venture agreement with Indian group Arvind, according to local press. The two could be looking of a turnover of one...
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