Jul
 19
 2017



Ulrike

Hello,

Today we take a closer look at Cristiano Ronaldo's new line of stretch jeans, tell you how Jet.com's is gaining temporary access to locked buildings, and introduce China's innovative glass pods for the convenient storage of husbands who are not inclined to shop. Enjoy the read and feel free to share. Cheers, Ulrike



brands

Coming for Choo. New York-based Michael Kors and Chinese private-equity firm Hony Capital are both expected to make offers to acquire British designer shoe brand Jimmy Choo. JAB Holdings, which owns 70% of London-listed Jimmy Choo, put the entire company on the market for $800 million in April.


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Stretch to the limit. Cristiano Ronaldo has launched (video) a highly stretchable denim line under his CR7 menswear brand. The Real Madrid soccer player’s jeans wear collection is produced and distributed by global sourcing specialist Uniti Fashion and available at the company’s CR7 website and select retailers.





tech

Temporary access. Walmart’s Jet.com is cooperating with tech startup Latch.com to test a keyless technology to access locked buildings for deliveries. The program is designed to make online shopping easier for residents of non-doorman buildings and will be tested in 1,000 New York City buildings.



Down from the cloud. Inspired by flea markets, New York-based retail startup Bulletin offers online-only companies with a large social following short-term rentals in its physical stores. Currently Bulletin operates two locations in Brooklyn and Manhattan with more being planned in New York and Los Angeles. Successful participants include brands like Dokonoko and Shhhowercap.





retail

Sandal scandal. Irish fast fashion chain Primark has recalled thousands of its men’s flip-flops in khaki, black and blue after a cancer causing dye component called chrysene was discovered. Chrysene is considered to be a carcinogenic, however Primark considers the risk of the levels found in its flip-flops to be minimal.



Oh, Vienna! On July 28th, US lifestyle chain Urban Outfitters is going to open (in German) its very first Austrian flagship store. In addition to the brand’s own merchandise, the 29,500 sqm store in Vienna will also carry third-party labels including Calvin Klein, Tommy Hilfiger, Fila, Champion and Levi’s.



Seven bikinis. Meanwhile, over in the US, a hand-written bucket list found in a dressing room at Urban Outfitters went viral. Among the 41 things the unknown author plans to do this summer is get drunk all the time, buy seven bikinis and pet a giraffe.



New Zet against Big A. Berlin-based e-tailer Zalando not only reported its half year results but also announced its new membership service Zalando Zet to fight off Amazon's growing competition. But since revenue and profit growth did slow down in the past six month Zalando's shares slided more than 7 per cent (paywall).





markets

Coming to America. Concerned about the devaluation of the Yuan, half of China’s millionaires are considering to move overseas. Favorite destination is the US where the EB-5 visa program still grants citizenship for a property investment of $500,000 or more, followed by Canada, Great Britain and Australia.





last

Hold the husbands. Shanghai's Global Harbour Mall has implemented "husband storage" pods where wives can leave their husbands while they go shopping. Each of the enclosed glass units (video) contains a seat, computer system and gamepad where the men can play retro computer games from the 1990s.







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