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Estée Lauder to Acquire TOM FORD in $2.8B Deal

Retail TouchPoints

Existing TOM FORD partners Ermenegildo Zegna Group , which produces the brand’s fashion, and Marcolin S.p.A , which manages its eyewear, will enter long-term license agreements with ELC. The transaction is expected to close during the first half of 2023. Zegna also will hold the license for TOM FORD accessories and underwear. .

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Dollar General recasts management via promotions, hirings

Mass Relators

Simonsen joined Dollar General in 2013, and has held roles in store operations, procurement, pricing, business analytics and merchandising planning. Tyler Hickman has been promoted to vice president and division merchandise manager. Matthew Simonsen has been promoted to senior vice president of real estate and development.

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Prince Harry’s memoir breaks UK sales record on first day of release

Inside Retail

“We always knew this book would fly but it is exceeding even our most bullish expectations,” Transworld Penguin Random House Managing Director Larry Finlay said in a statement. “As far as we know, the only books to have sold more in their first day are those starring the other Harry (Potter).”

Planning 264
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EuroShop 2023 Preview

Retail Focus

EuroShop 2023 will also be focusing on key topics such as Connected Retail, Smart Store, Energy Management, Third Places, Customer Centricity, Experience and Lively City Centres. The focus will be on sustainable energy solutions and intelligent lighting management. 2005 EuroShop debuts Designer Village.

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Location Data is a Must for Site Selection

Retail TouchPoints

Between difficult compliance requirements and the public’s general reluctance to shop in person at the beginning of the pandemic, many business owners have had to suspend plans for expansion, limit their operations or even shut down entirely. Since joining the company in 2005, Sedlik has held numerous executive roles.

Location 240
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Greenstreat talks store expansion, digital currency and in-house delivery

Inside Retail

According to McGrath, it is easier to move quickly to new areas, as it enables the brand to leverage on its brand recognition, attract hooligans (Greenstreat staff: as per the 2005 Green Street film about football hooligans in the UK), get all of the infrastructure in place, and have an impact within different communities. “We

Location 264
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How Brands Large and Small are Leaning into the Amazon Effect to Compete

Retail TouchPoints

Since Amazon Prime’s inception 15 years ago, Amazon has only increased the annual membership cost three times — rising from $79 per year in 2005 to $119 in 2018. The purchasing power of $79 in 2005 equals about $109.90 For Walmart and Target, their physical stores are a key part of their logistics plan, and it’s paying off.