Verdict Research announces the new Look has opened its showcase 13,000 sq ft store in Paris. The retailer opened two smaller shops in France this spring and is hoping to challenge H&M and Zara in Europe.
Versace will be the first Italian luxuries firm to open a store in India following a law in February allowing foreign companies to own distribution and commercial licences in India.
Nick Hollingworth, chief executive of Austin Reed, has noted that older shoppers are replacing younger customers on the high street.
PPR is seeking to sell off its Printemps department store chain, including its flagship store in Paris. The group is believed to be seeking bids of between Eu800mn and Eu1bn for its 17 Printemps stores.
Zale has called off merger talks with Signet. The decision leaves Signet free to concentrate on expanding its US operations.
marketing@alchempro.com
