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Global high-performance wellness brand, Hyperice , opens its first pop-up shop at luxury departmentstore, Harrods. Jim Huether, CEO of Hyperice says: “Harrods’ is the world’s most iconic departmentstore. Today, the company is a holistic high-performance wellness brand with numerous product lines and categories.
SMB Advisory was appointed liquidator of Harrolds Group and placed its four entities – Harrolds Logistics, JTP Sydney, Harrolds Femme and Nelson River International – into liquidation at the start of October. It reportedly owed creditors $12 million at the time of liquidation, according to 9News , citing a statement from SMB Advisory.
Selfridges has just raised the bar when it comes to giving customers an experience they’ll never forget with the launch of micro-weddings at its London store this summer. A part of that narrative has been to move to experiential retail and maximise its unique offerings and services in-store. It’s creating a talking point’.
Heritage luxury departmentstore Bloomingdale’s is staking a claim in the resale market by partnering with luxury resale platform Rebag. While more than 2,500 of these items will be for sale on Bloomingdales.com, the remaining goods will be featured (and for sale) in five Bloomingdale’s stores nationwide. .
Luxury goods group LVMH unveiled on Monday the revamped La Samaritaine, a 150-year-old departmentstore designed to help it grab a greater slice of tourist spending once pandemic travel curbs are eased. A view inside the revamped Samaritaine departmentstore ahead of its reopening in Paris, France, June 21, 2021.
I think the most important thing about our clientele is that the biggest luxury they crave is time. It’s all about experience Selvane Mohandas du Ménil, the managing director of the International Association of DepartmentStores, said there are three main types of retailers that cater to the 1 per cent.
As the departmentstore sector aims to reinvent itself for retail’s digital age, iconic retailer Neiman Marcus Group (NMG) is investing rapidly in technologies that will elevate its integrated luxury retail strategy across all channels. In doing so, we are able to create bespoke or tailored omnichannel journeys for our customers.
Aptos develops and delivers unified commerce solutions for specialty softlines, hardlines and departmentstore chains in North America, Europe, Asia and ANZ. Suggested selling and other clienteling capabilities will soon be available in the palm of every associate’s hand, integrated seamlessly into their POS.
As the city of lights fills up with designers and executives from the United States and Asia – except China – “the mood is very optimistic,” said Nathalie Lucas Verdier, buying director for women’s apparel at French departmentstore Printemps.
For visitors that can’t make it to the store in person, Crate & Barrel also has created a virtual version of the new flagship that can be visited by customers around the world. ” As with the architecture, the assortment and services inside the store were curated for the brand’s New York City clientele. . ”
Mardi Najafi, Figure3: We’ve seen a shift in priorities over the course of the last five years or so, with the decrease in traffic to big anchor tenants in the mall – namely departmentstores – partly due to their late pivot to a seamless, omnichannel approach. It diluted the whole thing. But it has to be done very thoughtfully.
The Shoppes at Marina Bay Sands continues to be one of the most popular destinations for shoppers who crave luxury retail experiences in Singapore. Hazel Chan, vice president of retail at Marina Bay Sands. During the pandemic, we were focused on growing and cultivating our local clientele base. Business as usual.
Sneakers are designed for moving quickly, and the same could certainly be said of The Edit LDN , a global marketplace for limited-edition sneakers and streetwear that is growing at 500% year-over-year after just 2.5 And if they sell enough to achieve Baller status, then they get to go into the inventory sold at Harrods. 11, 2022.
Luxury handbag restoration and pre-owned designer resale retailer, The Handbag Clinic, is expanding its partnership with premium departmentstore Fenwick with the opening of its third in-store concession in Fenwick York. The launch of the store in York followed two successful launches in Fenwick Newcastle and Fenwick Colchester.
This year is shaping up to be one of many milestones for the brand, as it marks its 20th anniversary and solo show debut at Australian Fashion Week in Sydney in May. Mind you, there weren’t that many [Australian labels] at the time, funnily enough. I knew nobody was doing what I was doing at the time. And we did,” Woods said. “I
This year is shaping up to be one of many milestones for the brand, as it marks its 20th anniversary and solo show debut at Australian Fashion Week in Sydney in May. Mind you, there weren’t that many [Australian labels] at the time, funnily enough. I knew nobody was doing what I was doing at the time. And we did,” Woods said. “I
The market is expected to grow at a compound annual growth rate of 3.22 per cent between 2024 to 2028, with luxury fashion making up the largest segment at an estimated market volume of US$115.9 I think the most important thing [to know] about our clientele is that the biggest luxury they crave is time. billion in 2024.
As 2024 comes to an end, Retail Gazette takes a look at some of the biggest appointments and exits that took place over the year. Tarry, who spent more than 33 years at Britain’s largest grocer, stepped down as Tesco’s UK and Ireland chief executive in October last year.
Pre-tax profit stood at $ 31 million (RM97.2 The management team ensures tenant compatibility with each mall’s identity through rigorous curation, blending both global and local brands to cater to their clientele’s varied needs. million), marking a 2.6 per cent growth from Q2 2022.
Goddard will join the departmentstore in June and replaces Pearson Poon, who stepped up as vice chairman on an interim basis after Manju Malhotra resigned as CEO last August. Harvey Nichols has appointed Alexander McQueen EMEA president Julia Goddard as its new chief executive.
Luxury handbag restoration and preowned designer resale retailer, Handbag Clinic is expanding its partnership with luxury departmentstore, Fenwick, with the launch of its second in-store concession in Fenwick Colchester from Monday 12 th April. Prices are bespoke and start from £19.95
Renowned French-Swedish, premium sportswear brand for men RON DORFF opens a storeat The Royal Exchange in the City of London this September. Sold exclusively at The Royal Exchange store as of 1 September, the t-shirt will come in a limited edition of 200 pieces.
Peel has unveiled plans for Charity Super.Mkt, the UK’s inaugural multi-charity shop, to inaugurate its forthcoming pop-up at Gloucester Quays. The 4,000 square foot store is scheduled to open its doors on March 14th at a prominent site off High Orchard Street, showcasing its acclaimed ‘second-hand departmentstore’ model.
Luxury handbag restoration and preowned designer resale retailer, The Handbag Clinic is expanding its partnership with premium departmentstore, Fenwick, with the opening of its third in-store concession in Fenwick York (Thursday 20 th April). To book an instore consultation at Fenwick York, visit www.handbagclinic.co.uk
Terms such as “decompression zones,” “vistas,” “speed bumps,” “power walls” and “butt-brushing” may seem nonsensical at first, but there is a science to retail layouts. The Decompression Zone Shoppers typically make snap judgments about stores as soon as they walk in the door. Is it warm and familiar or is it cold and unknown?”
Departmentstores are trying too A different take on the propagation of culture can be seen in departmentstores, which in places like Japan, Singapore and Bangkok have seen themselves, at least secondarily, as torchbearers of national heritage.
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