The Japanese global apparel retailer UNIQLO launched its debut store in India on Friday at Ambience Mall, Vasant Kunj in New Delhi. With this, the retailer is now present in 24 countries. The company’s founder and chairman Tadashi Yanai was in Delhi for the launch. The brand is a subsidiary company of the Fast Retailing … Read More →
Chinese jeweller Chow Tai Seng is planning to go public in Shenzhen in a bid to raise RMB 1.46 billion (around US$210 million), which will be used to fund the retailer’s expansion plans, according to a recent report. The company is eyeing to strengthen its presence in lower-tier cities to further boost growth through the initial … Read More →
Pure Gold Jewellers, one of the major retailers in the Middle East, has rolled out a new store concept design by a London-based international retail design firm. The new modern store design is especially targeted at millennial customers and offers an engaging shopping experience enhanced by technological features, the company said. Karim Merchant, CEO and … Read More →
Chinese jewellery brand Seekfu recently opened its maiden boutique in Nanning, Guangxi Zhuang Autonomous Region, China, following the establishment of its online store as the company adopts an online-to-offline (O2O) business model to strengthen sales. The company’s brick-and-mortar retail store offers customers a chance to physically examine the products, according to a report by China.com.cn. The … Read More →
Indian jewellery retailer Malabar Gold & Diamonds is targeting to operate 300 showrooms by 2020 as the company expands its global operations, particularly in Asia. Malabar recently opened five new showrooms in Oman, Sharjah, Mehdipatnam and Belagavi, pushing the total number to 150 in time for Akshaya Tritiya, a holy Indian celebration. “We see stronger … Read More →
When the founding team at startup Flipp set out to redefine the internet search experience for shopping, they quickly ran into a retail tactic that’s still going strong after decades: the circular. Inserted into a newspaper each week or on special occasions, the circular is still one of a retailer’s proven ways to communicate new … Read More →
A jewellery retailer has modified its practices following an investigation by the Australian Competition and Consumer Commission (ACCC) into alleged two-price advertising. According to the Jewellers Association of Australia (JAA), the matter stemmed from a complaint the association received in December 2015. The complaint, which was lodged by an industry member, related to an unnamed … Read More →