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All Retail articles
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Article
British delivery service fears uncontrollable Black Friday
London-based delivery service ParcelHero said that it’s forecasting an £8.49bn (€9.5bn-$11.5bn) monster Black Friday to Cyber Monday weekend. It warns that stores must learn from the disaster of Black Friday 2014 or delivery chains could snap once again this year. In 2019, Britons spent a ...
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News briefs
Pugnale opens its first flagship store
The Italian eyewear company Pugnale has opened its first flagship store. The 35 square meter shop is located in the center of Rome. Pugnale, which was created in 2013 and has its headquarters in the northeastern town of Udine, said that the store is part of a plan to ...
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News briefsFielmann opens 30th Italian store
Fielmann has opened its 30th store in Italy. The more than 230 square meter shop is located in the center of Mantua. The German retailer plans to open at least two additional stores in the country by the end of the year. Fielmann entered the Italian market in ...
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News briefs
Safilo launches new B2B platform in Europe
Safilo has launched a new B2B platform called You Safilo and a new customer relationship management system with the support of the American software company Salesforce . The Italian eyewear company was also assisted by the web designer WIP Italia and by the consultancy group Accenture . ...
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Article
Italy’s main buying groups merge
Italy’s two main buying groups, Vision Group and Netcity , will merge on Jan. 1, but will maintain their offices and staff based in Milan and Prato, near Florence. Vision Group has more than 2,100 associated optical stores, operating under different banners including VisionOttica’s , the group’s nationwide ...
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News briefs
brillen.de targets 200 German stores by end 2022
The German omni-channel eyewear retailer brillen.de , which is owned by SuperVista , plans to have a domestic network of 200 stores by the end of 2022 compared with over 90 currently. The banner has been expanding rapidly this year, opening more than 60 branches in the first ten months ...
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News briefs
Mister Spex adds audio eyewear to its portfolio
The German optician and eyewear retailer Mister Spex has included audio glasses and sunglasses in its portfolio. Since Oct. 29, it offers Bose audio sunglasses on its online shop for customers in Germany, Austria and Switzerland, the so-called DACH business region. The models can also be found in ...
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News briefs
Klarna snaps up Woilà
Klarna, the Swedish online payments group which offers ”buy now, pay later” solutions, has acquired the technology and team of the startup Woilà , whose app allows consumers to get refunds if the price of a product falls after an online purchase is completed. Klarna said the acquisition, for ...
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News briefs
French economy risks “collapse” with new lockdown
A new total or partial Covid-19-related lockdown could lead to a “collapse” of the French economy, according to the Confederation of Small and Medium-sized Enterprises ( CPME ). CPME warned that companies are currently “much weaker” than in March, when the government introduced a lockdown, and many, especially the ...
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News briefs
Russian Post launches bonded warehouse pilot project
The Russian state mail operator Russian Post announced a pilot project to set up bonded warehouses, where goods liable to customs can be stored and handled without payment of duty. In the future, these warehouses could manage half of all sales of foreign online stores present in the ...
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Article
Contrasting consumer sentiment across Europe
The second wave of the Covid-19 pandemic is beginning to stifle the previously expected recovery of the European economy, particularly for the consumption of non-essential products and services. Fortunately, it has not yet led to the retail lockdowns of the first wave in the spring – except in Wales and ...
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Article
U.K. government under pressure over move to scrap tax-free shopping
The British Finance Minister Rishi Sunak is under mounting pressure from major retailers to reverse his decision to abolish duty-free shopping next year which they claim will lead to significant job losses. Leading U.K. fashion and luxury brands, including Paul Smith , Ted Baker , The White Company ...
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Article
U.K. threatens no-deal Brexit but talks to continue
Tensions on stalled Brexit trade talks intensified as Boris Johnson , the British Prime Minister, said Britons should prepare for a no-deal departure if the European Union (EU) did not compromise, raising the prospect of supply chain chaos across Europe. Johnson stopped short of saying he was walking ...
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Article
Italia Independent opens a new showroom in Milan
Italia Independent opened a new showroom in Milan, in via Fiori Chiari, in the heart of the bohemian Brera district. The location is also the company’s sole flagship worldwide after the company underwent a restructuring that led to the closure of all stores managed directly or franchised. It also ...
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News briefs
Russian eyewear sales recover after lockdown
Russian eyewear sales have increased since the lifting in May of a Covid-19 related lockdown, partly because sunglasses are being used as protection against the virus as well as a proactive engagement of retailers with clients, according to the newspaper Delovoy Peterburg , citing market participants. Demand is currently ...
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News briefs
Walmart sells Asda to a group of investors
The American retailer Walmart has agreed to sell a majority stake in Asda , its British chain of supermarkets, to a group of investors comprising the brothers Mohsin and Zuber Issa and TDR Capital . The deal values Asda £6.8 billion (€7.5bn-$8.8bn). Walmart will keep a minority ...
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Article
Alibaba in partnership with the duty free retailer Dufry in omnichannel drive
The Chinese e-commerce group Alibaba has entered into a partnership with the Swiss duty free retailer Dufry that will further integrate online and offline shopping. The parties will form a strategic joint venture in China, and Alibaba will become a minority shareholder in Dufry.
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News briefs
Barton Perreira in James Bond licensing deal
Barton Perreira , a Los-Angeles based eyewear company, has signed an exclusive global James Bond licensing agreement with EON Productions with the release of the film No Time to Die . The brand is the eyewear partner of the film, in which feature three eyewear styles. Under the ...
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Article
Strong expansion for the Hallmann chain with MPG’s help
The Austrian-based Michael Pachleitner Group ( MPG ) reported on a strong expansion of the network of Optik Hallmann stores since it acquired a minority stake of 19 percent in the German chain in 2015, supplying it with German-made lenses. From only 40 stores at the time of the ...
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News briefs
De Rigo in license agreement with Tumi
Tumi , a high-end brand of travel and business accessories, has signed with De Rigo an exclusive agreement for the design, production and distribution of sunglasses and prescription frames for both men and women. The collection is set to debut at Vision Expo East , scheduled for March ...
