After Kiabi, Primark prepares to enter India Africa, Middle East Primark and Kiabi, two European giants in the low-price fashion sector, are looking to expand into the Indian fashion market. mind Retail takes a look at their respective strategies.
USA. Why Paco Rabanne and Kering are investing in beauty Americas In parallel with a diversification into make-up, Paco Rabanne announces the opening of a flagship store in New York. Meanwhile, Kering is due to acquire the Creed perfume brand. For the luxury giants, strengthening beauty offers means reaching and winning with a new audience.
Marimekko: Heading for Asia with a first store in Singapore Asia Finnish fashion and homeware brand Marimekko (turnover of €166.5 million in 2022, up 9% in one year) is strengthening an Asia presence with a start-up in Singapore.…
Vietnam: Diptyque opens a first physical store with Tam Son Asia Last month, Vietnamese group Tam Son International added Diptyque and Tory Burch to a portfolio of franchised brands,…
Primark accelerates U.S. expansion to compete with Shein Americas In the U.S.A., Primark (2022 turnover of €8.9 billion via 408 stores) opened a 17th American store on 20th April in the Walden Galleria mall in Buffalo (New York State).…
Armani unveils new property project in Dubai Africa, Middle East Armani (2021 turnover of €2 billion, up by 26% vs 2020) with an interior design division,…
Coty, Estée Lauder, L’Oréal: China at the heart of the strategy Asia Cosmetics giants have accelerated their investments and development for the Chinese market in 2022, including new outlets and building innovation centres. We consider the main strategies.
Galeries Lafayette: New impetus in China, concern for the 25 French stores in provinces Asia While Galeries Lafayette has signed with a new Chinese partner, in France, the financial safeguard procedure for 26 department stores raises stakes of territory appeal at a national level.
Apple makes a deeper foray into India with two first stores Asia While Apple (2022 revenue of US$394.3 billion, up by 8% vs 2021) took a first step into the Indian market in 2020 with an e-commerce site,…
Fashion : Amiri continues expansion in Dubai and poaches a Burberry executive Africa, Middle East Luxury fashion retailer Amiri opened a first store in the U.A.E. in December 2022, which covers 330 sq.m of sales area in the Dubai Mall.…
