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Clinton Lewin prepares to launch new card concept store iCandy Tuesday, 4th December 2012
Clinton Lewin, managing director of Clinton Cards, is preparing to launch a brand new card and gift store concept, iCandy, in time for peak Christmas trading. The son of Clinton Cards founder Don Lewin, Clinton Lewin will open two new iCandy stores before Christmas, with another five planned by February 2013.
Majestic Wine profits up 3.9% Monday, 19th November 2012
Half-year profits at Majestic Wine were up 3.9 per cent in the six months to 1 October, compared with results a year before. The retailer also saw a “substantial” rise in customers registered to its database who made a purchase in the last 12 months. New customer numbers rose by 11.2 per cent since October 2011, with shoppers paying an average of £7.46 per bottle, up from £7.13 the year before.
Sir Philip Green to announce Far East expansion plans for Arcadia Monday, 19th November 2012
Retail mogul Sir Philip Green is expected to announce plans to expand his Arcadia brands into the Far East and online later this week, as the group prepares to reveal a strong set of annual results. According to a report by the Telegraph, it is thought Sir Philip is now examining options to take the Topshop brand to China, possibly beginning with a Chinese website, as well as India.
‘King of cashmere’ Brunello Cucinelli adds London stores Tuesday, 30th October 2012
Luxury Italian fashion brand Brunello Cucinelli looks to expand its Mayfair store by extending into two extra units in Burlington Gardens. With two additional locations in London, as well as a concession in Harrods, Brunello Cucinelli’s refurbished Mayfair store will combine three stores, each with a 15 year lease.
Capital Shopping Centre partnership could add 3,000 jobs to retail sector Tuesday, 16th October 2012
Capital Shopping Centres has launched a new partnership initiative with Reid Kerr College in Paisley that could provide 3,000 retail jobs in the area. Operator of Lakeside, Trafford Centre and MetroCentre, CSC will work with the local college to deliver a range of retail training course at its Braehead shopping centre in Renfrewshire.
India finally opens for business Friday, 14th September 2012
Plans to allow foreign businesses to invest in India’s lucrative retail sector have finally been cleared once more. It will be welcome news for multinational companies such as Walmart and Tesco, who are keen to tap into India’s burgeoning consumer climate. International firms will now be able to buy up to a 51 per cent stake in multi-brand retailers.
H&M reveals location of first southern hemisphere store Wednesday, 29th August 2012
Swedish multinational company Hennes & Mauritz will open its first store south of the equator in Chile for early 2013. As the world’s second largest clothing retailer behind Inditex, H&M is thought to be keen to expand into new regions, after previously focusing its efforts on Asian and North American markets.
Cheap and chic? Ikea to swap flat pack for room service as it considers hotel move Wednesday, 15th August 2012
No need to spend hours deciphering an instruction manual for Ikea’s latest project. The world’s largest furniture retailer is thought to be developing a range of budget hotels across Europe. According to the Financial Times, Inter Ikea, the company that owns the trademark for the retailer is now considering more than 100 locations for the Swedish company, including sites in Britain, Holland, Poland and Germany.
Bluewater set to become nation’s largest shopping centre Tuesday, 7th August 2012
Photo credit: Lend Lease Corp. New plans to extend Kent’s shopping centre by 375,000 sq ft could see Bluewater become the UK’s largest shopping centre. Bluewater owners Lend Lease will begin public consultation for the extension in September, with a full application submitted later this year.
A panoramic view of Bluewater Shopping Centre