Apparel Retailers

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The Willow store closure follows the collapse of Australian women-swear chain Seduce mid-August. A successful fashion business needs the heart and soul of a designer who brings the "magic" to the brand, and Australian designers trying to compete with fast fashion giants like H&M will struggle. Anyone who doesn't have a standout look will find it increasingly difficult.

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Biba Apparels Ltd women’s ethnic wear brand, buoyed by the success of its kidswear collection, is planning to open stores that will exclusively sell children’s apparel.

Biba one of the renowned retailer,will open its first stand-alone kidswear store in Bengaluru by mid-September and plans to open five such outlets by the end of 2016-17. Garments will be priced between Rs.499 and Rs.5,999 and will cater to girls in the age group of 2-13 years.

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Biba Apparels, which expects to close 2016-17 with a turnover of Rs.700-750 crore, is hoping to earn around 10% of its revenue from the kids segment.

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 Internet in India 2015' by Internet and Mobile Association of India (IAMAI) and IMRB International has revealed some startling retail industry information on trends of online retailing.

With global media exposure and rising aspirations, Indian customers have been looking for getting their hands on global fashion brands. While the customers have been ready, retailers have not been able to reach out to the customers in large part of the country due to limited and expensive retail space.

 Increasing penetration of internet and mobile internet helped the cause and facilitated the growth of online retail.Lifestyle e-retailers like Flipkart and Amazon also saw huge potential in fashion category and joined the bandwagon by promoting such merchandise. Indian ethnic fashion marketplace players like Jaypore, Craftsvilla etc. followed this by offering Indian handcrafted merchandise to attract a section of customers looking for exclusive ethnic fashion.

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Macy's divulged the retail information about the closure of 100 stores next year and boost its online investments, as it tries to become more nimble in an increasingly fierce market.

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The closure represents close to 14 percent of its stores under the Macy's brand.This retail information was expected as Macy's had been a stellar performer since the Great Recession in 2008, but in the past year and a half has seen slowing sales as it battles competition on all fronts and changing shopping patterns.

Macy's has been under pressure from investors to sell some of its valuable real estate.One of the largest retailer earned $11 million, or 3 cents per share, in the quarter ended July 30 that compares with $217 million, or 64 cents per share, a year earlier.

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IKEA Group, the leading Swedish home furnishings company, plans to open 25 stores over next 10 years in India. It also plans to double its sourcing from India to 600 million euros by 2020.

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The current volume of sourcing is 300 million euros. About 70 percent of the current sourcing is in textiles and rugs. IKEA is investing Rs 700 crore on the Hyderabad store spread over 400,000 sq feet. It will hire 500 direct workers and provide 1,500 indirect jobs.It will host 5-6 million customers every year.The store will exhibit home furnishing solutions. It will be more than retailing and offer a complete shopping experience.

Wal-Mart, world’s biggest retailer, has agreed to buy fast-growing online retail newcomer Jet.com, which had launched with a splash a year ago when it announced its intention to challenge online leader Amazon.

Wal-Mart is paying $3 billion in cash and another $300 million in stock. This retail information divulged on Monday is a major move by Wal-Mart, which is realizing that it needs to compete more aggressively in the online world.

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Last month, Wal-Mart announced that was selling its Chinese online business Yihaodian.com to the China's second-biggest e-commerce site J.D.com in a strategic partnership that it hopes will bolster its presence in the lucrative but increasingly competitive marketplace.

Wal-Mart’s online business has been slowing even as it has been making big investments in new distribution centers and expanding services.

Next Brand is facing the Brexit woes as the cost of buying materials for its clothing and homeware lines will increase by up to 5pc next year due to the pound’s weakness following Brexit. This retail information was revealed by the company as the fashion retailer is already seeing sales slip due to falling footfall after a bout of poor weather.

The retailer further estimates that importing clothes from its overseas suppliers, including factories in China, Bangladesh, Cambodia, and Burma will push up its costs from 2017 as a speculation following the Brexit

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Next, which generates around €200m in revenues from EU countries,would consider expanding its warehouse and operations in continental Europe “in the unlikely event” that selling stock from the UK becomes less efficient.

The company revealed that tariffs and other barriers to trade are unlikely to change, since it already imports most of its stock from factories in Asia.

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Combatant Gentleman is set to open its first retail store in Santa Monica. This is a new catching trend in retail industry where the company opens up a website first and then forays into off-line mode. Here too, the menswear company has been providing 100 percent Italian wool suits via its website.

But now the company is opening its first brick-and-mortar location on the second floor of Santa Monica Place in Santa Monica, Calif.

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The 2,200-square-foot store, which debuts July 20, will offer Combat Gent's entire ready-to-wear collection that includes suits, tuxedos, outerwear, dress pants, tops, bottoms, accessories and shoes.

The outpost will also offer made-to-order suiting from touchscreen displays as well as custom made-to-measure suiting by appointment.

Google introduces 'Showcase Shopping ads' for Apparel Retailers.Google’s new visual tools will help the entire retail industry including apparel retailers  showcase their products better. The new format allowed retailers to showcase collections rather than individual items.

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 Showcase Shopping ads help people further explore and discover what they want to buy and where they want to buy it. For example, if a shopper searches ‘summer dresses,’ ASOS, a global apparel retailer, can now showcase its collection of dresses in a visually rich experience.

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