New Delhi’s Pacific Mall, part of the Pacific India business group and located in Tagore Garden, is rolling out a number of strategies to lure customers to brick and mortar locations as opposed to shopping online.
Topshop owner Arcadia has given its suppliers notice that it expects a 2% discount on orders, citing the tough retail environment and higher costs, and leading analysts to question how weak current trading might be.
Primark remained the star brand in owner ABF's portfolio in the Christmas trading period, despite some tough times in Europe early in the season. It was helped by UK strength and a European recovery after a weak October.
Uniqlo has just announced that it will this year open in giant rival H&M’s backyard with a debut in Sweden. It will actually be its first entry in the Nordics region and will start with a store in key market Stockholm.
The Foschini Group (TFG) has seen its share price rising after it reported strong trading in December. The South African group owns a raft of retailers including big UK names Whistles, Phase Eight and Hobbs.