Strategy
Retail
Tony Fisher becomes president of Target’s Canadian operations
Minneapolis-based Target Corporation has named Tony Fisher as the president of its Canadian operations. In this position, Fisher will be responsible for building the team, establishing the headquarters and leading the day-to-day operations of the corporation’s recently announced expansion...
Retail
Michael Francis to oversee Target’s entry into Canada
Target Corporation has recently announced that the company’s chief marketing officer, Michael Francis, will serve as the executive committee sponsor of Target’s entry into the Canadian market. In this role, Francis will oversee the extension of Target’s brand as...
Retail
Morrisons to acquire 16 Netto stores from Asda
UK-based supermarket chain Morrisons has entered into an agreement with Asda to acquire 120,000 sq.ft of additional selling space through the purchase of 16 former Netto UK stores at a cost of £28.1 million. Obtaining the stores is conditional...
Retail
Target set to open 21 new stores in 2011
Target plans to open 21 new stores in 2011, covering 13 states; including five stores in California, a fourth store in Hawaii and a SuperTarget in Minnesota.“Target takes great pride in designing stores that meet the needs of our...
Retail
Inditex founder plans to step down as chairman
Founder of Spain's Inditex, Amancio Ortega, has proposed that the company's chief executive, Pablo Isla, replace him as chairman of the world's biggest clothing retailer.The company behind the Zara clothing chain said in a letter sent to its employees...
Beauty & Wellness
Carrefour enters Indian shores
World's second largest retailer, Carrefour has entered the booming Indian retail sector with its first wholesale cash-and-carry outlet in Delhi. The 5,200-sq.m store at Seelampur Metro Mall, will offer 10,000 food and non-food items to professional businesses, institutions, restaurants...
Beauty & Wellness
Beiersdorf sells Juvena and Marlies Moller Brands
German manufacturer of personal care products, Beiersdorf AG sells off its skin care brand Juvena and its premium hair care brand Marlies Möller to Troll Cosmetics GmbH in Austria. The decision to sell the brands is related to...
Beauty & Wellness
Inter Parfums signs a fragrant deal
Paris-based subsidiary of Inter Parfums Inc., Inter Parfums SA has signed a 15-year exclusive worldwide license agreement with Boucheron to create, produce and distribute perfumes and ancillary products under the Boucheron brand. Jean-Christophe Bédos, President and CEO, Boucheron, asserted,...
Retail
Soaring Triumphantly
In less than 10 years of making its début in India, UK-based Triumph International has emerged as a strong player in the branded lingerie market in India. Though it already holds 30 per cent share of the market, Thorsten...
Beauty & Wellness
MAC Cosmetics promotes Gordon Espinet
Gordon Espinet has been named senior vice president of global artist training, development and makeup artistry, for MAC Cosmetics.In this newly created role, Espinet will work closely with the global artist training and development team to oversee education for...
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Latest News
Zudio goes global, opens first international store in Dubai
The new store is located at Silicon Central Mall in UAENew Delhi: Tata Group-owned value retail fast fashion chain...
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