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Saks Fifth Avenue teams with Reliance Retail to enter India amid luxury boom

Inside Retail

Indian retail conglomerate Reliance Industries Limited has signed a franchise agreement with American luxury department store Saks Fifth Avenue to expand its luxury retail portfolio through its subsidiary Reliance Retail, the company said in its third-quarter financial report last week.

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Meet the Aussie pet accessories business with 14-carat leads starting at $550

Inside Retail

Recently, to facilitate this, there’s been a lot of movement in Australia’s pet retail industry. Cue Mon Petit Amour Manolo, a luxury pet accessories brand that aims to fill the gap at the top end of Australia’s pet retail market.

Insiders

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Off-Price Retail: A Double-Edged Tool For Brands With Excess Inventory Needs

Retail TouchPoints

From supply chain disruptions to shifting seasonality and evolving fashion trends, a majority of America’s leading retail brands are constantly left with excess inventory that simply won’t sell. In turn, brands should view their affiliation with off-price retailers as opportunistic partnerships.

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After 10 years, Japan’s Aeon seems ready to conquer Vietnam’s regions

Inside Retail

It will also continue an upgrade program of the southern Vietnamese Citimart store network it acquired in 2014 and continue to expand the chain. Although different in area, all of Aeon Vietnam’s retail locations fully meet customers’ needs [including] food, household appliances, mothers and baby, and fashion,” he said.