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Behind American Vintage’s bet on the lucrative Chinese fashion market

Inside Retail

Having operated in Asia for more than a decade with Hong Kong as its sole market, the French fashion label American Vintage now has larger ambitions. Founded in 2005 in Marseilles, American Vintage draws inspiration from the United States and is known for its T-shirts, knits, denim, and fleece. Anil Prabha contributed reporting.

Fashion 147
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Sephora Enters U.K. Beauty Market

VMS

Sephora (Seattle) has purchased of online beauty retailer Feelunique, marking its entrance into the British beauty market, reports Pymnts.com. Feelunique, founded in 2005, has 1.3 Beauty Market appeared first on Visual Merchandising and Store Design. The deal is expected to close by the end of this year. billion in 2019.

Marketing 105
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Sephora to open 20 UK stores as it ramps up expansion

Retail Gazette

Sephora relaunched in the UK in 2022 and re entered the world of physical retail in Westfield Stratford a year later, having previously exited the UK market in 2005 after opening six stores in five years. In August, the retailer announced it was opening its seventh store in Kent’s Bluewater shopping centre this winter.

Planning 110
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Tasmanian timber retailer The Wood Guys up for sale

Inside Retail

Tasmanian timber retailer The Wood Guys is on the market for the first time since its establishment in 2005. In addition to offering products to the local market, the company has drawn interest from mainland consumers.

Marketing 130
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Uniqlo’s US expansion: Has the parent learned its lessons?

Inside Retail

The mistakes of history The first Uniqlo store in the US was opened at Menlo Park Mall in Edison, New Jersey, in September 2005. It opened two more mall stores in 2005 and ended up closing the lot in short order. Strategically, it had been a bad decision to launch in the US in malls before the brand had any recognition there.

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Morrisons gears up to close Rathbones bakery business, 400 jobs at risk

Retail Gazette

Related Story Lidl returns to profit with record sales and booming shopper growth 20/11/2024 x 12:00 PM The spokesman confirmed that Morrisons’ 450 in-store Market Street bakeries were unaffected by the plans and would continue to serve customers. Morrisons snapped up Rathbones back in 2005 after the bakery fell into administration.

Grocer 105
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Myer sees elevated annual sales, but is cautious amid economic headwinds

Inside Retail

Department store chain Myer delivered its highest full-year sales since 2005 this year but remains cautious as consumer spending declines due to unfavourable economic conditions. “Our online offer is a scale business that returned to growth in the second half and has continued to increase market share throughout FY23.”