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Topshop heading to Canada

10 Mar

The successful British high street retailer is soon to open in Canada. After its successful debut in New York franchising deal with the retail group Hudson’s Bay Company, the Arcadia owned store is reported to be branching out to Canada. the HBC plans to open the first tree Topshops in Montreal and Vancouver which would then lead to 30 to 50 outlets in the next 5 years.

The first outlet is expected to open this Autumn in the Bay Toronto which would include menswear under Topman and Accessories. it is indicated that the store would be up to 15,000 square feet. HBC is reported  to have appointed David Kutas, a former  Gucci vise-president to lead the Topshop franchise.

I guess we will soon see if the NY success follows them to canada, but from the looks of it, Topshop have a very good reputation for being the undisputed high street retailers (at leat in UK) with a great success rate so, we shall be enlightened if Canada buys into their products.

All the luck.

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Galliano’s Walk of Shame

1 Mar

So its official. He’s out and for good i hope. I’ve always been a fan of Galliano’s work, he’s creative, thinks outside the box and always creates the most beautiful outrageous gowns but that does not IN ANY WAY excuse the remarks he chose to make and then to actually file for definition??? In all honesty i was anxious to hear Dior’s decision about his future at the company to see if they would still keep him and quite frankly i would have been very disappointed because value and respect should come before ” who’s good for the company”. we all have our bad days, we all get provoked and none of us are saints however making offensive racial statements towards anyone? i for one think  is a disgrace and he got what was coming to him.

I am anxious to find out who Dior appoints as the new head designer and would they be as good as Gallioano? either way right decision has been made and I wish the fashion house all the luck… Show must go on.

Time to put things into new perspective

25 Feb

This was not a good month for many  young fashion and mid market retailers who have suffered a big sales slump, infact this month has been named ‘shocking February’ by many of the young fashion chains as customers are only spending on discounts and promotions. In fact, New Look has appointed former M&S and Primark product guru to shake things up after the sales slump the high street shop suffered.

Ok, retailers are taking it too far now, not only is the current financial backlash still in the air, from my recollection, product prices have gone up incredibly (yes VAT has gone up) but, if you want customers you’re gonna have to do better than that. for example, River Island does NOT even offer student discount knowing that the majority of their target consumers ARE students which is why RI is such a publicity shy retailer. Arcadia Group on the other hand offers 10%, sometimes even  20% discount some of their stores, which is good, however still not enough! this ‘Shocking February’ will continue if you don’t change your attitude!

The thing that shocks me the most is that, if you look at some of the product’s fabric specification or the COO and look at the price, they do not even match! they make clothes for soo soo cheap and elevate the Retail Mark-up soo high. I understand, obviously there has to be a profit, which is the main key however when people are cutting on their spendings, why would they spend an incredible amount of money on clothes? students are NOT made of money!

one good news though, when the clothing market was too busy getting hit with the sale slumps, the footwear sales rose 3.4%! yes that makes me happy, especially as a future potential foorwear designer or buyer. Yess people, spend on shoes and mix and match your outfits! shoes complete the look after all (in my opinion).

Rothschild in charge of Jaeger?

24 Feb

Owner of Jaeger, the premium retailer has appointed an investment banking group RotWhatever to consider Jaeger’s options, which might include a sale. Tillman, who bought Jaeger 8 years ago when it was losing profit revamped it with an earning of £7 million last year and plans to increase their international footprint.

since i suck at maths let alone be some financial person, it all seems a great idea. However, there is something about these investment group. looking at their overall past success, yupp al sounds good BUT lets just say, if i were a company owner, i would not put my company’s fate in them.  I think Tillman should go back to Swiss Bank UBS, which he appointed in 2008 to complete a strategic review og Jaeger.

Overall i do wish them all the success cause i kinda like some of their stuff. 

I just put up this ad cause Anja Rubik is on it lol. she’s been one of my ‘It’ models for sometime now.