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H&M tests new small format hyper-local store About 5 years ago

H&M has opened its first hyper-local flagship store in Berlin’s creative Mitte district. The store spans around 300 square metres, the Mitte Garten store is one of H&M’s smallest stores, and will stock a range of the brands womenswear, as well as items from external brands, most of which are local...

Lidl commit to installing rapid electric vehicle chargers About 5 years ago

Lidl has committed to installing rapid electric vehicle chargers at all of its new stores. It will also be adding electric charge points at existing Lidl stores that are able to accommodate the chargers, meaning that the charge points will be operational at over 300 stores over the next three years. Lidl...

LVMH approach Tiffany & Co. with acquisition offer About 5 years ago

LVMH has approached Tiffany & Co. with an acquisition offer, according to FashionNetwork. According to sources, LVMH submitted a preliminary, non-binding offer earlier this month, as it sees the opportunity as a chance to expand in the US market. Tiffany has hired advisors to look over the proposal, but is yet to respond. The...

Tommy Hilfiger appoints Michael Scheiner as chief marketing officer About 5 years ago

Tommy Hilfiger has appointed Michael Scheiner as chief marketing officer. Scheiner will join the business on October 28th from Hollister, where he is currently the senior vice president of global marketing. He will be responsible for introducing new marketing strategies across digital and experiential platforms for Tommy Hilfiger. Daniel Grieder, chief executive of...

Adidas looks to provide customers with new retail experience at new London store About 5 years ago

Adidas has opened its new flagship store on London’s Oxford Street. The new store aims to provide customers with a new, innovative shopping experience, and is the brands most digital store to date featuring over 100 digital touchpoints, all powered by green energy. Customers will be able to use a ‘Bring It...

Goat expands into apparel and accessories About 5 years ago

Goat has expanded its offering into apparel and accessories. The new categories will see the platform offer over 50 new ‘contemporary and luxury brands,’ including Acne Studios, Maison Margiela, OffWhite, Stussy, Gucci and Saint Laurent, with new labels being added before the end of the year. The new offerings are currently only...

Afound launches in the Netherlands About 5 years ago

Afound, which is owned by H&M, is set to launch its online marketplace in the Netherlands, expanding outside of Sweden for the first time. The brand was launched in 2018 with an online shop and a bricks-and-mortar store in Drottninggatan in Stockholm.  It then opened more stores in Sweden throughout 2018...

Shoe Zone on track to make profit in ‘difficult’ year About 5 years ago

Shoe Zone has said that despite difficult trading conditions, it expects its pre-tax profit before exceptional items to be in line with its revised expectations. In a full year pre-close update, the retailer said that revenues in the 53 weeks to October 5th reached approximately £161.9 million compared to £160.6 million...

Mark Parker set to step down as CEO of Nike About 5 years ago

Mike Parker is set to step down as the chief executive of Nike in January 2020. He has held the role since 2006, but will be succeeded by current board member John Donahoe, who is currently the chief executive of Servicenow and chairman of Paypal. Parker will remain at the company as...

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