Luxury leads recovery, Asos launches US site, Italians invest in India, Fast Retailing sees decline, Runway top ten

Neiman Marcus, Boston | Source: ICSC

US luxury stores outperform rest of retail sector (FT) “US luxury department stores outperformed the rest of the retail sector during September, underlining the extent to which more prosperous shoppers are leading the recovery in consumer spending.” Asos launches US site (Retail Week) “Asos is promoting the new website, Us.asos.com, by giving US customers free delivery. It plans to launch French and German

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Profiling value retailers, Selfridges and D&G fall out, Men’s suits’ sweet spot, Sales up at Gap, Street style e-commerce

H&M Autumn/Winter 2010 Looks | Source: Style Pantry

Profiling the Value Retailers (WWD) “Stores, like people, have personalities. Whether that personality determines the customer, or the customer the personality, is one of those chicken versus egg questions that’s a matter of perennial debate (well, at least among retail nerds).” Selfridges and Dolce & Gabbana in ‘giant falling out’ (Telegraph) “From next spring, the chain’s department stores

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Uniqlo’s social business, ASOS founder cashes in, Inditex into Antipodes, Liberty’s grand plan, Launching Gilt

Liberty's Perspective by Hanslip M. Fletcher c. 1924| Source: vamac

Uniqlo Healing Social Problems With Hipster T-Shirts (Fast Company) “Fast Retailing Co., the company behind the Uniqlo clothing chain, has established a new, wholly-owned subsidiary that’s going to expand its enterprise with a ‘social business’ in the People’s Republic of Bangladesh.” Asos co-founder cashes in as profits jump (Guardian) “Online retailer Asos sees first-quarter sales rise by

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