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UNIQLO Sibling Brand GU to Test North American Market With NYC Pop-Up

Retail TouchPoints

Sharing its FY2023 plans in an April 2022 statement, Fast Retailing, which also owns fashion brand Theory , noted that it was inspired by the strength of the North American market. Launched in 2006, the company currently operates 450 locations. “It in a statement.

Marketing 292
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Uniqlo’s US expansion: Has the parent learned its lessons?

Inside Retail

Fast Retailing, the parent company of Japan apparel retailer Uniqlo , has announced the locations for 11 new stores in the US, on its way to a target of 20 openings in North America this year, which in turn is the first instalment on its plan to reach 200 stores in 2027. The 11 openings so far announced are all in malls.

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Afends opens two stores in Sydney, including CBD flagship

Inside Retail

Streetwear fashion label Afends is expanding its footprint by launching two stores in Sydney, including a store in The Galleries and a concept retail location on Newtown’s King Street. It is planning to launch in the US. . Afends at The Galleries. Afends at The Galleries.

Fashion 246
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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. ELC had entered into a licensing deal to produce the luxury brand’s beauty products in 2006 with luxury fragrance, skincare and makeup categories. “As

Fashion 206
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Boohoo launches in five Asian markets

Inside Retail

UK-based fashion e-commerce player Boohoo is expanding its presence into five Asian countries in hope to get a share of the booming online fashion industry in Asia. The expansion plan sees the launching of Boohoo’s sites in Japan, South Korea, Singapore, Hong Kong and Taiwan.

Marketing 130
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7-Eleven parent to sell Sogo & Seibu for US$1.4 billion – report

Inside Retail

Seven & I announced its plan to sell the chain to focus on its convenience store and supermarket businesses earlier this year. Sogo & Seibu, previously known as Millennium Retailing, was acquired by Seven & I in 2006. billion as sales of fashion and luxury brands rebounded.

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Famous Footwear Parent Caleres Outlines Executive Changes

Retail TouchPoints

Caleres has revealed its executive succession plan after CEO Diane Sullivan announced her retirement, effective Jan. She joined Caleres as President in 2004 and by 2006 she became COO, before being named to the CEO and President roles in 2011. 15, 2023, with Jay Schmidt taking the reins as the top executive.