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25 Apr

Sephora Named Top Beauty Retailer in Latest Rating Based

LONDON — Sephora has taken the highest retail slot in the newest annual rating by Cosmetify, an internet price search platform that measures beauty retailers and types by their activity and recognition on social media. Annually the corporate looks at the largest names in beauty based on their social following, engagement and variety of Google searches, after which gives them a rating out of 10. For the retail rating, Cosmetify checked out 20 outstanding beauty retailers, comparing them on organic search traffic, Instagram followers, Instagram engagement rate and Instagram posts in 2023. Sephora had the best overall rating — 7.65 out of 10 — and probably the most monthly organic search traffic, Instagram followers and Instagram posts. Selena Gomez marks the...
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23 May

Expanding The Webster, Luxury Retailer Adding Three Recent Stores

The Webster is reaching out — adding three more stores in malls owned by Simon Property Group.  The primary will open outside of Recent York City at The Shops at Riverside in Hackensack, Recent Jersey, in October, followed by doors in Atlanta’s Lenox Square in summer 2024 and The Domain in Austin, Texas, in early fall 2024.  That marks a serious expansion for The Webster, which is led by founder and chief executive officer Laure Hériard Dubreuil.  “Once I opened The Webster 15 years ago, I never imagined a day where I can be saying we now have 12 stores,” Dubreuil said in a press release. “What began as a vision to bring a highly curated luxury retail experience to Miami to expanding...
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9 May

JD Sports Fashion Poised to Purchase French Retailer, Groupe Courir

LONDON – British sneaker and clothing giant JD Sports Fashion confirmed Tuesday that it plans to accumulate the French company Groupe Courir as a part of a world acquisitions drive. The FTSE 100 company, which is majority owned by Pentland Group, had entered into exclusive negotiations with Groupe Courir, a footwear and sports apparel retailer, earlier this week. Groupe Courir is currently majority owned by Equistone Partners Europe, which had acquired the footwear and apparel retailer in 2018 following its carve-out from France’s Groupe Go Sport. In accordance with JD, the deal has an enterprise value of 520 million euros. JD said that, in accordance with French law, Courir management will begin consultation processes with worker representative bodies prior to getting into a...
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27 Apr

Thom Browne Now Primarily a Retailer as Store Rollout Continues

“We’ve turn out to be a retailer.” That’s how Rodrigo Bazan, chief executive officer of Thom Browne, described the brand’s positioning now. With the opening of its 103rd retail location this week in Boston, a lot of the luxury designer brand’s sales come from its own direct-to-consumer efforts. Consequently, the strategy is to proceed rolling out retail with a goal to grow to 115 stores by the top of this yr and 150 inside 4 to 5 years, he said. This count includes company-owned freestanding flagships in addition to in-store shops. At the top of the primary quarter, there have been 62 stand-alone stores, in accordance with Ermenegildo Zegna Group, the brand’s majority owner. Although Thom Browne relies within the U.S., the corporate only...
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