- Danielle Wightman-Stone |
Asda has launched the UK’s first automated power tower that can dispense online orders in less than 60 seconds at its Trafford Park store.
The parcel tower, which stands 16 foot tall an 8 foot wide, acts as a parcel vending machine where customers can pick up online orders from the supermarket’s fashion brand George at Asda, as well as selected third-party partners including Asos, Missguided and Decathlon.
The technology has launched in the UK following successful trials of the parcel tower by parent company Walmart in the US, and as well as allowing collection of orders, it also takes returns.
All customers need to do to pick up their order using the tower is to scan a barcode sent to their smartphone and the tower will retrieve the order.
The collect tower can hold up to 500 parcels and has already served more than 1,500 local customers since being installed at the end of last year.
Neil Drake, Asda’s toyou - retail process, systems and innovation manager, said: “It’s great that we’ve been able to work with our parent company Walmart in the US to bring this new exciting technology to the UK, so far it’s been a huge success for them.
“We know speed and convenience are important factors to customers and partners of our toyou service, and we’re always looking for new ways to bring that to them. The Parcel Towers are the latest example of how we’re using new technology to save our customers time and money.”
Image: courtesy of Asda
- Don-Alvin Adegeest |
The term 'restructuring' has become synonymous with struggling, underperforming brands, and the latest luxury company facing the predicament of store closures is Marc Jacobs.
It's never cool for a brand to close a flagship store, and the news that Marc Jacobs is shuttering its Mount Street boutique in London is no doubt part of a desperate operation to level the losses, increase sales and implement a new strategy, pronto. The gloomy news only highlights the fact Jacobs was the first 'big' international brand to arrive in this dusty part of Mayfair, bringing kudos and pioneering the way for other brands who preferred to anchor their stores in close proximity but just far enough from the stuffiness of Bond Street. When Jacobs opened his store in 2007, it was a bold and exciting time for fashion in London.
Fast forward a decade and the relevancy of the Marc Jacobs brand is questionable amongst shifting consumer tastes, omni-channel retailing and most of all questionable at product level.
Marc Jacobs has seen losses since exiting Louis Vuitton
After a string of closures of the Marc by Marc Jacobs stores after the label was integrated with the mainline under a single brand umbrella, streamlining its portfolio has been part of a larger operation for the company, "which has endured losses since its founder and designer exited his post as women's artistic director of Louis Vuitton at the end of 2013," wrote the Business of Style.
The business of Marc Jacobs has been under scrutiny for quite some time. There was a new chief executive hire last summer, Eric Marechalle, who is facing the daunting task of returning the brand back to fashion relevancy. But it has been many seasons and many moons since Jacobs elicited the kind of excitement felt by a newer generation of designers, like Demna Gvasaglia, Phoebe Philo and Hedi Slimane.
While many media outlets felt it relevant to focus on Marc Jacobs cutting back on its catwalk presentations with less of a fashion circus and over-the-top-production, it is this author's view that a more spartan show style won't dent a brand if what is on the runway is appealing and ultimately performing at retail level.
Last year the rumour circulated that Jacobs may step back from his day-to-day design role or leave the company entirely. While neither scenario has happened, LVMH have remained tight-lipped over the reported closures or future of the business, of which it is 80 percent owner. There were also rumours the company would be listed, but the planned store closures would suggest otherwise. Whatever steps the company is taking the rebuild the business and brand, let's hope there will be more bold and exciting times ahead.
Photo credit: Marc Jacobs SS18, source Marc Jacobs website
- Vivian Hendriksz |
London - Should online fashion retailers be afraid of H&M's latest retail initiative? A new media report claims Hennes & Mauritz is set to launch a new online sales platform offering branded clothing at discount price later this year.
A report from Swedish news website Breakit stated that H&M is working on a new digital project under the code name "P12". H&M is said to be working with NA-KD, one of Scandinavia's fastest growing online stores, to create a new sales platform which will offer consumers the best deals for branded apparel. H&M has reportedly already signed on 63 brands, although the exact brands have yet to be confirmed.
The code name of H&M's secret project may ring a few bells, as previous media reports in late 2016 indicated that H&M was planning to launch a new label under the name "P Eleven." However the Swedish fashion company went on to launch Arket last autumn instead. H&M's new online sales platform is said to launch sometime during April, according to the report.
Yankeemagazines reached out to the H&M Group for additional commentary concerning the report, but the company declined. "What we can comment at this stage is that we are always working with lots of interesting ideas but we can’t comment on rumors," said Kristina Stenvinkel, head of communications at H&M to Yankeemagazines. "When we have something concrete to say we will do so."
It would not be the first time speculation concerning H&M's latest retail concepts emerges. The H&M Group announced last September it would be launching its ninth brand in 2018, although a spokesperson declined to share more details concerning the new brand at the time. However, in an interview with The Cut, H&M's creative director Oscar Olsson revealed the fashion group will be launching a new label under the name "Nyden". Launching in early 2018, the new label aims to work with a series of designers to create a unique clothing range.
Photos: courtesy of the H&M Group
- AFP |
Chinese e-commerce giant Alibaba has come under fire over its handling of user data in an episode that underscores growing concerns for privacy in the hyper-digitised country.
Alibaba affiliate Ant Financial was forced to apologise on Wednesday after users said they felt misled into allowing its Alipay service to share data on their spending habits with its credit-scoring arm and other third-party services. Controlled by Alibaba co-founder Jack Ma, Ant Financial provides mobile payment, lending, and credit services to millions of Chinese consumers, and the controversy has featured prominently in China's state-controlled media this week.
Consumers have come to expect a lack of privacy in a country where the government collects a file of personal data on each person including financial, education and other information, and where video surveillance is widespread. But many Chinese internet users reacted with unusual outrage to learn that Alipay, which is used by millions daily to make mobile and online purchases on Alibaba's Taobao platform and elsewhere, had automatically checked a box and hidden language showing they agreed to share their data.
"It's just like Taobao profiting from selling our information, there's no way to refuse!" one user of China's Twitter-like Weibo service complained. The sale of personal information is common in China, which last year implemented a controversial cybersecurity law that among other things requires services to store user data in China and receive approval from users before sharing their details.
"Because lots of information is already out there, everyone thinks there is no way to protect our personal information," said Yue Shenshan, the lawyer whose online posts helped highlight the Ant Financial issue. "But if we don't focus on protecting our private information right now, the situation will only worsen." Ant Financial embedded the new policy in a page Alipay users see when they click through to see their 2017 spending activity.
Screenshots of the activity are frequently freely shared on social media by users who boast either about their purchasing power -- or frugality. "So angry" wrote one executive at a Beijing internet company who this week posted a screenshot of his 9.6 million yuan ($1.48 million) Alipay tab for the year. Ant Financial said in a statement that it has since changed the opt-in policy and showed users how to change their settings. "We are deeply sorry to everyone for the misunderstanding and panic this incident caused," it said.
Privacy is a particularly high-profile issue now as the Chinese government is in the process of developing a national "social credit" scoring system that may rate people on everything from their credit-worthiness to their loyalty to the Communist Party. Alibaba's credit-scoring unit Sesame Credit may someday feed data into that system. The Alipay controversy arose just as regulators in Washington this week rejected Ant Financial's proposed acquisition of US-based MoneyGram after concerns were raised over the security of American customers' data. (AFP)
- Danielle Wightman-Stone |
McArthurGlen has confirmed that the planned 100,000 square foot extension to its Ashford Designer Outlet expansion will open in autumn 2019, following the appointment of McLaren Construction as the contractor to build the 90 million pound extension.
Building work on the phase II expansion will begin later this month and forms part of the McArthurGlen Group’s 1.6 million square foot active development pipeline coming through over the next three years across Europe and Canada.
McArthurGlen first announced plans to expand the Ashford Designer Outlet in 2014 and secured planning approval from Ashford Borough Council in September 2015. The 100,000 square foot extension will add up to 50 additional premium and luxury brands, a new food piazza, an events space and a redesigned children’s play area, as well as 725 new parking spaces.
The expansion will also include the installation of Europe’s largest living wall structure and many of the stores in the new phase will be clad in tens of thousands of plants, all stacked vertically.
Claude Hargreave, director of development at McArthurGlen, said: “After four years of meticulous planning we’re incredibly excited to confirm that building works on the extension will commence this January.
“Over the next 18 months we will be investing 90 million pounds into the centre to elevate the whole shopping experience for our guests and the retail environment for our brand partners. Once the extension is complete Ashford Designer Outlet will become one of the UK’s flagship fashion, food and homeware destinations, with over 130 stores, restaurants and cafes.“
This will be Ashford Designer Outlet's first extension since opening in 2000, adding to the existing 185,000 square foot centre, which attracts more than 3.6 million visitors every year.
Several new premium and luxury brands have already signed up to join Ashford Designer Outlet when it opens next year, which will be announced at a later date.
Ashford Designer Outlet to start work on 100,000 square foot expansion this month
Adrian Nelson, McArthurGlen’s Group leasing and brand development director added: “We are committed to expanding the extensive range of brands already on offer. In the past three years alone we’ve introduced highly sought-after brands including Calvin Klein, All Saints, Diesel, Cath Kidston, Osprey London, Jack Wills, Timberland and Abercrombie & Fitch.”
The expansion of Ashford Designer Outlet is one of eight major projects highlighted by Ashford Borough Council and Kent County Council as key employment and economic drivers in the development of the area. Generating over 500 jobs, the expansion will also include a complimentary shuttle bus linking the outlet, the town centre and the international train station at weekends and during the school holidays. McArthurGlen is also providing funds for the enhancement of pedestrian and cycle routes from the station.
Cllr Gerry Clarkson, leader of Ashford Borough Council, said: “We are pleased to hear McArthurGlen announce its building contractor and confirm that building works will commence shortly. The expansion of the Designer Outlet will transform it into one of the UK’s premier outlet centres, enhancing the shopping experience and providing a complementary offer to our town centre.
“This news illustrates the confidence that major investors have in Ashford and the borough’s future. It is clear that we are gaining a growing reputation as a town attracting inward investment and high-calibre, quality brands.”
McArthurGlen is one of Europe’s leading owner of designer outlets, managing 24 locations across nine countries: Austria, Belgium, Canada, France, Germany, Greece, Italy, the Netherlands and the UK. As part of its on-going expansion, McArthurGlen is also under way or in planning with new designer outlets in: Cannock, near Birmingham in the UK, Remscheid, near the German cities of Cologne and Düsseldorf, Málaga in southern Spain and one near Paris in Normandie.
Images: courtesy of McArthurGlen
- Danielle Wightman-Stone |
Gloucestershire’s Local Enterprise Partnership, GFirst LEP has awarded 400,000 pounds of funding to Marketing Gloucester to open the UK’s first national centre for digital retail innovation, which will open in the Eastgate Shopping Centre in Gloucester this year.
The UK Digital Retail innovation Centre will be located on the first floor of Eastgate with the aim of becoming a national centre for testing and developing disruptive digital innovations that will help shape and inform the future of cities with a special focus on retail.
It will help provide a space for technology solution providers and retailers to test innovative technologies and work in partnership to enhance and develop new and possibly disruptive solutions, as well as be a supportive incubator for high growth new retailers, all of whom will have access to next-generation technologies and methodologies and will be targeted on rapid testing of their business model and growth.
The centre will showcase the latest retail technologies and could show off some future innovations such as holographic “virtual employees”, artificial intelligence, 3D scanning and printing of products, drone deliveries, robotic security guards, 360 virtual mirrors and near field communication.
Diane Savory, chair of GFirst LEP, said: “This is an exciting opportunity for Gloucestershire as it further demonstrates that our urban areas are proving to be leaders in the developing of innovation in digital retail solutions.
“We are delighted to be able to award this funding to Marketing Gloucester and confident that it will lead to further inward investment from the private and public sectors.”
Jason Smith, chief executive of Marketing Gloucester added: “There are huge challenges facing the UK retail sector and the UK Digital Retail Innovation Centre has the potential to be a gamechanger which could have a national impact, we greatly appreciate the investment from GFirst LEP.”
Marketing Gloucester are now looking for contractors to transform the currently vacant retail and food hall at Eastgate into the UK Digital Retail Innovation Centre. Plans include the removal of walls, works to ceiling and floor finishes and general renovation to create 11 small shop units, an open area and offices.
Work is expected to start in February and be completed by June 2018.
- Yankeemagazines |
PODCAST - In this monthly Style Friday podcast series by Euromonitor International, we will have a closer look at the top performing brands in Apparel and Footwear 2017.
Euromonitor’s provisional data for apparel and footwear reveal the industry will have another strong year and emerging markets continues to play a pivotal role in shaping the market?
China remains one of the most influential countries in apparel and footwear with some of the fastest growing brands globally originating in China. The provisional data reveal the pace is set by Balabala, which is expected to deliver 24 percent value growth in 2017, which is well ahead of other stronger performers globally in 2017. Balabala is a childrenswear brand that’s benefitted from the Chinese government’s abolishment of the one-child policy in 2015 which has caused a significant rise in Chinese birth rates which are up 13 percent over the last two years. Consequently, baby and toddler wear is one of the fastest growing category in China. More so, Balabala has also benefitted from a comparatively more sophisticated millennial generation of parents in China that do not only want quality clothing for their children but also fashionable and trendy clothing, and many parents are trading up. Also from China, outerwear brand Bosideng and sportswear brand Anta are among the top performers of 2017 according to the provisional data both expected to grow by 14 percent.
- Vivian Hendriksz |
London - US fast-fashion retailer Forever 21 may exit the Benelux market for good, as it set to close its flagship store in Amsterdam, the Netherlands. The flagship store’s general manager Benjamin Colin confirmed the impending store closure via LinkedIn, adding that more than a hundred employees are set to lose their jobs.
Forever 21 Amsterdam store closure comes four years after the Los Angels-based fashion retailer first opened its flagship store on the popular shopping street, the Kalverstraat. Rumours concerning the store’s potential closure had been circulating among local media outlets for a number of weeks but had yet to be confirmed by Forever 21 and the buildings property owner Vastned. Future plans for the building have yet to be revealed., as neither Forever 21 nor Vastned responded to Yankeemagazines's inquiries for further details.
The store’s closure could see Forever 21 pulling out of the Benelux market for good. Following Forever 21’s closure in Amsterdam, the US fashion retailer would operate one store in Rotterdam, the Netherlands. Forever 21 previously closed down its store in Antwerp, Belgium, citing ‘high rental prices’ as one of the main reasons of its departure in the middle of 2016, and chose not to reopen its store in Brussels following a devastating fire.
It would not be the first time Forever 21 closes a number of its international stores. In 2016 Forever 21 reassessed its retail presence in the UK after struggling to capture British shoppers attention and shut down stores in London, Manchester, Kent, Dublin, and Glasgow. The US retailer also shut down two of its main stores in Los Angeles in spring 2016, to help pay back debt of more than 150 million US dollars to Wells Fargo and TPG Capital. In addition, Forever 21 is also reevaluating the size of its store portfolio in India. Aditya Birla Style Retail (ABFRL), Forever 21 store franchise partner in India previously shut one of Forever 21’s stores in Mumbai and downsized one of its stores in Delhi.
At the same time, Forever 21 has been expanding the retail footprint of its budget concept store F21 RED across the US, opening more than 40 new locations during 2017. ”F21 RED expansion represents an important and exciting opportunity for our growth plan, and will allow us to bring a wide variety of product at competitive prices to new regional areas for our increasing customer base," said Linda Chang, VP of merchandising at Forever 21 in a statement.
Photo: Forever 21 Amsterdam, Yankeemagazines
- Vivian Hendriksz |
London - Topshop/Topman is slated to open its first store in Shanghai, China autumn 2018.
The high street retailer’s first store in China will span approximately 36,600 square feet and will be located on Huaihai Middle Road, according to Style Network. Work on the new flagship store had already begun, as the store is set to open its doors this September.
The first store opening comes after parent company Arcadia Group announced it aimed to open up to 80 stores in China at the end of 2016. The retail group signed an agreement with etailer Shangpin.com and aimed to open its first stores in China in 2017. However, later on, Philip Green stated that its first Chinese stores would not be opening until 2018.
Yankeemagazines has reached out to Arcadia Group for additional commentary.
- Danielle Wightman-Stone |
Westfield has revealed that 14.1 million shoppers visited its Westfield London and Westfield Stratford City shopping centres over the Christmas period, an overall increase of 1 percent on 2016.
The shopping centres experienced three peak trading periods over the festive period, starting with Black Friday, which they state has been transformed from a one-day event to a three-day shopping weekend with more than 850,000 shoppers visiting Westfield centres for the first festive sale.
This was followed up by the last weekend before Christmas, dubbed ‘super weekend’, where retailers benefited from a full weekend of trading before Christmas Day welcoming more than 800,000 visitors across the two centres, which helped the pre-Christmas week trade to 1.85 million pounds.
The final milestone was on Boxing Day, where visitors topped 320,000, showing that the day still continues to be a big sales day in the British retail calendar.
Myf Ryan, chief marketing officer of Westfield UK and Europe, said: “Westfield continues to be a leading UK destination by offering the best mix of retail, dining, events, leisure and entertainment.
“Over the Christmas period, we offered many unique and immersive experiences to our customers. With over 70 million visitors coming to the centres each year, we are looking forward to creating even more exciting experiences and activities for our customers to enjoy in 2018.”
Westfield attracts more than 14 million shoppers over Christmas period
Ryan added: “Boxing Day is Westfield’s busiest day of the Christmas trading period. The significance of the Boxing Day sales has been questioned in recent years but the sheer volumes of shoppers in our centres today show there is a huge appetite from the British public to get out early and look for the very best Boxing Day.”
In 2016, Westfield welcomed 14 million visitors over the Christmas period, who spent on average 660,000 pounds per hour and generated half-a-billion pounds in total sales. Westfield expects to see similar numbers from 2017, currently tracking at an increase of 3.1 percent on last year for the Christmas trading period.
Westfield London houses more than 360 luxury, premium and high street fashion and beauty retailers, showcasing more than 750 brands, anchored by House of Fraser, Waitrose, Debenhams, Marks and Spencer and Next. While Westfield Stratford City is home to more than 330 stores and more than 80 dining options, anchored by leading UK retailers John Lewis, Waitrose and Marks and Spencer.
Image: courtesy of Westfield