Black Friday Gives Retail Early Gift Yet No Bellwether

24 Nov

Macy’s Inc. had begin to Black Friday, reporting robust selling on a spectrum of products packing in value, though industry-wide caution for the weekend and holiday season still prevails. Confronting slowing consumer spending this fall, Macy’s did manage to drag off a “solid” begin to Black Friday gift shopping, Macy’s Inc.’s outgoing chairman and chief executive officer Jeff Gennette told WWD just after his walk-through of the the retailer’s Herald Square flagship Black Friday morning. As he’s done every year during his tenure running the corporate, Gennette stationed himself together with his team right by the doorway at 6 a.m. when the shop opened to greet early shoppers. At 8:50 a.m., Gennette told WWD: “It’s been a greater start here in...

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14 Nov

A Miu Miu Holiday, Rating Retail Real Estate, The

by Beautifaire101

Beauty, Featured

HAPPY MIU YEAR: Remember the packed, multipocketed bags paraded last month on the Miu Miu spring 2024 fashion show? They're about to get fuller. Miu Miu is to release its complete holiday campaign, offering a greater look to its extensive gifting collection crammed with festive options across ready-to-wear, accessories and lifestyle items. Logoed hair clips, velvet slippers and even a branded hot-water bottle appear next to the label’s glam apparel and signature matelassé leather bags. For the primary time, the corporate also collaborated with Polaroid and Marshall on co-branded tech items, including a camera with logoed strap in addition to headphones and speakers in a black leather Miu Miu case. The Miu Miu holiday gifting collection. While prices for the tie-ups will range from 650...

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13 Nov

Fashion, Beauty Brands Lead Race for Physical Retail Space

by Beautifaire101

Beauty, Featured

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

by Beautifaire101

Beauty, Featured

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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