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13 Nov

Fashion, Beauty Brands Lead Race for Physical Retail Space

Fashion, Beauty Brands Lead Race for Physical Retail Space
LONDON — People just can’t get enough of in-store shopping, especially for fashion and sweetness, in response to Cushman & Wakefield’s latest European Retail Radar report. In the primary six months of 2023, fashion brands leased essentially the most shop space in comparison with another variety of retailer. The brands accounted for greater than 40 percent of retail floor space leased across Europe by Cushman & Wakefield. The true estate services firm said it analyzed nearly 1,000 retail real estate transactions across Europe and located that nearly all of the deals were made by mass market fashion retailers. Other brands fast opening doors across the region include the French down-jacket retailer JOTT (Just Over the Top) and the U.S. sportswear retailer Lids. Fashion also accounted for...
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4 Nov

Sephora Teams Up With Reliance Retail Ventures in India

Sephora Teams Up With Reliance Retail Ventures in India
PARIS — Sephora has partnered with Reliance Beauty and Personal Care Ltd. to assist develop prestige beauty retailing in India. The LVMH Moët Hennessy Louis Vuitton-owned retailer said Friday that it has teamed with the wholly owned subsidiary of Reliance Retail Ventures Ltd., or RRVL, giving it exclusive rights to construct Sephora’s presence within the country cross-channel. As a part of the deal, Reliance Beauty & Personal Care will take over the India operations of Sephora’s 26 stores in 13 cities from Arvind Fashions Ltd. Arvind Fashions said in a stock exchange filing that the transaction was made at an enterprise value of two.16 billion rupees, or $25.96 million, which matches toward the sale of its entire equity stake and loan repayment. The...
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28 Oct

Sephora’s Zena Srivatsa Arnold on Her Move to Retail

Sephora’s Zena Srivatsa Arnold on Her Move to Retail
Zena Srivatsa Arnold’s LinkedIn page reads like a meteoric rise through the blue-chip business world. Procter & Gamble, Kellogg, Google, Kimberly-Clark. Present and accounted for. What’s not on there's one of the vital formative experiences of her young profession — as a Lancôme beauty associate at a Dillard’s department store in Cincinnati. The time was the early 2000s, and Srivatsa Arnold was a young graduate armed with a level in computer science just because the dot.com scene imploded. Quite than let her mope across the house, Srivatsa Arnold’s mother drove her to the local mall and told her to search out a job. The experience turned out to be transformational. “I went into it pondering, ‘It’s retail. It’s going to be easy....
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26 Oct

WWD Honors Top Leaders and Creators within the Fashion,

WWD Honors Top Leaders and Creators within the Fashion,
Tuesday night’s WWD Honors was stuffed with poignant acceptance speeches, pledges that many fashion and wonder corporations are on paths to even greater success, an invite to Barcelona, and a presentation from Oscar-winning actress Jennifer Lawrence. WWD awarded quite a few designers and fashion, beauty and retail corporations with WWD Honors, recognizing their significant achievement of their respective categories. While some honorees were just getting began on their business journeys, Jeff Gennette, chief executive officer of Macy’s Inc., was recognized for his unparalleled 40-year journey to the highest of the retail world as he prepares to retire in February and pass the reins to Bloomingdale’s executive Tony Spring. Gennette, who received the Edward Nardoza Creative Leadership Award, studied creative writing and...
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