Remove 2005 Remove Department Stores Remove Returns
article thumbnail

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. per cent of total sales – and a 10 per cent increase in productivity gains at physical stores. . Myer’s total sales grew 12.2

article thumbnail

In Paris without tourists, LVMH unveils Samaritaine store revamp

Inside Retail

Luxury goods group LVMH unveiled on Monday the revamped La Samaritaine, a 150-year-old department store designed to help it grab a greater slice of tourist spending once pandemic travel curbs are eased. A view inside the revamped Samaritaine department store ahead of its reopening in Paris, France, June 21, 2021.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Proudly made in China: How Chinese consumers are reclaiming domestic brands

Inside Retail

Chinese students being sent abroad for academic study became exposed to previously unheard-of foreign labels, and returned home both knowledgeable and trained in the most coveted amongst them – making international brands a status symbol. Today Li-Ning is valued at US$7 billion, chasing the top American and German sportswear giants.

Consumer 130
article thumbnail

Who is Peter Ruis, the man tasked with reviving John Lewis?

Retail Gazette

John Lewis Partnership made a big hire last week, hiring its former fashion boss Peter Ruis as executive director to lead the turnaround of its department store business. Crucially, he has also fronted a turnaround at John Lewis in his first stint at the department store when he was buying and brand director.

article thumbnail

The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

A few decades later when Sears merged with Kmart in 2005 the combined organization generated a substantial $55 billion in revenue. But it has managed to be the second largest clothing retailer in the United States, behind Amazon, another retailer that doesn’t have the best assortment in clothing, a key department store staple.

article thumbnail

Does the Historic Makeover of an Iconic Paris Retailer Chart a Path for Department Stores’ Revival?

Retail TouchPoints

For more than 150 years, Parisian department store La Samaritaine has overlooked the banks of the Seine, a sweeping expanse of glass and intricately painted iron that proudly proclaimed the store’s position at the center of French commerce, both geographically and ideologically.

article thumbnail

The Ultimate Wholesale Fashion Clothing Suppliers List: Take Your Retail Business to the next level!

I Love Fashion

Since 2005, it has been selling high-quality and trendy products at a reasonable price. Their products are now available at Dillard’s, Bloomingdale’s Nordstrom’s Hudson’s Bay-like department stores. Return Policy and Damaged Goods Even after everything has worked out, you might want to know how their return process works.