The director of operations of the Japanese company has spoken about his new opening and how they face the challenges to become the world's first fashion retailer by revenue.
The Japanese company currently operates with three stores in Spain: two in Barcelona and one in Madrid, to which a third will soon be added in the Spanish city.
The companies in the sector that appear in the Best Global Brands 2019 ranking, by Interbrand, added a brand value of 207.2 billion dollars.
The CEO of the Italian group, Stefano Beraldo, explained that the company’s strategy is to open stores in cities with 5,000 to 10,000 inhabitants.
The sportswear giant has launched a new sustainable initiative that rewards customers with coupons for its store in exchange for their old clothes.
The French company will auction its assets in two phases: at the end of October and at the end of November.
In the fiscal year ended August 31, the British ecommerce group’s revenue was 2.7 billion pounds. The company grew more in the United Kingdom than abroad.
The country’s retailers and suppliers have expressed concern about customs controls and new tariffs if an agreement with the European Union is not reached.
In year-on-year terms, the increase was 1.5%, according to data made public today by the Department of Commerce of the United States.
The shopping complex began its building 23 years ago and will have almost 280,000 square meters. Less than half of it will be devoted to retail.
The cancellation of Oregon Project after the sentence against coach Alberto Salazar has been the last crisis that the American sportswear company has faced, which, far from being affected by the controversies, has increased its sales and the value of its shares.
This market of consumers, that has an average expense of 830 billion dollars in the United States, is redefining consumption rules.
The international organization’s total outlook for 2019 shows a weak increase of the global GDP due to the slowdown of trade and industry.
The Spanish fashion retailer has opened a pop-up store of its premium chain Uterqüe in Covent Garden, London, one of the city’s prime hubs.
The app, created by the NFL player Russel Wilson, is specialized in connecting celebrities with fans thought its own content.
The American sportswear giant has finished some of its independent retailers’ supply agreements to boost profits. The company warned it might end all agreements by 2021.
The store will be located in Warsaw, on the Europejski Hotel. At the end of its fiscal 2018, Hermès had 310 stores.
The brand shows its new store concept in Champs-Élysées. The group is planning to renovate other locations with this new style.
According to the Boston Consulting Group and Altagamma, the secondhand market will grow from 25 billion dollars in 2018 to 36 billion dollars in 2021.
