Aug
 24
 2017



Ulrike

Hello,

Welcome back to The Spin! Today, partnerships dominate the news. Walmart and Google take on Amazon's Alexa, Flipkart uses his new eBay connection to help its vendors go global, and G-III partners with Fred Gehrings Amlon Capital to bring Donna Karan to China. We also show you what a Nike promotion did to a shopping mall in Jakarta. Enjoy the read and feel free to share! Cheers, Ulrike



retail

Attacking Alexa. In a partnership that brings together the world’s largest retailer and the world's largest search engine, Walmart and Google will cooperate on voice activated retail. Starting next month, Walmart shoppers can link their accounts to Google and order by speaking to their Google Home devices. Orders are delivered through Google Express, for which the tech giant has recently eliminated its $95 annual fee. For orders over a certain amount ($25-$35) per store, deliveries are now free.


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Anticipating Arket. Swedish fashion giant H&M revealed a first look into its new retail concept Arket. The first flagship store will open this Friday in London (image gallery). Parallel to this, Arket launched its webshop for 18 European markets.



Going global. Following its merger with eBay India, Indian online platform Flipkart will list participating Indian sellers' products on 35 global eBay platforms and assist them in various areas like shipping and returns. The move should enable participants to reach more than 171 million active eBay customers in over 190 countries worldwide, including North America, Great Britain, Australia and Germany.



Management buyout. On September 1, K&L Ruppert's CFO Jens Bächle is going (in German) to take over the embattled German apparel retailer. As part of the buyout, the company will be re-branded K&L Handels-KG. Bächle, who will act as sole Managing Director, plans to further the Weilheim-based retailer’s new multi-brand strategy. The family around founder Karl Ruppert will focus on the development and expansion of its Real Estate Ruppert Group, which continues to lease several locations to K&L Handels-KG.





markets

Tourists to the rescue. To fill the void created by the struggling inner city retail and shopping mall sectors, international luxury brands are increasingly betting on travel stores. Despite the impending Brexit, recurring terror attacks and ongoing political turmoil, visitor numbers are on the rise in many embattled markets including London, Paris and Washington.





brands

Fast boat to China. G-III Apparel Group has formed (paywall) a joint-venture with Amlon Capital BV to produce and market women’s and men’s apparel and accessories under the Donna Karan and DKNY labels in China. Amlon Capital will own 51 percent and G-III 49 percent of the partnership. Fred Gehring, Partner at Amlon and former CEO of Tommy Hilfiger and Vice Chairman of PVH, will be Chairman of the joint venture, while Steve Shen, former CEO of Tommy Hilfiger China, takes the position of CEO.





people

Lap of honor. When Oscar de la Renta appointed British designer Peter Copping as his successor in 2014, the late designer's right hands Laura Kim and Fernando Garcia left and successfully launched their own label, Monse. Copping did not last, and in March 2017, the two were called back as co-Creative Directors. Their new look for the luxury label has already gained them a growing fan base including Zoe Kraviz and Nicky Hilton.



New stories. Sebastian Janus, CFO and Director eCommerce Finance at Foot Locker Europe.com has stepped down (in German) from his position. For the next twelve months, the 32-year-old plans to travel the world and volunteer in Asia and South America and create new stories to tell. A successor has not yet been named.





last

Sneaker frenzy. A promotional Nike bazaar (video) at the Grand Indonesia shopping mall in Jakarta ended in chaos when thousands of shoppers shoved (video) their way in, tearing down banners and trampling boxes and merchandise. During the three-day event, the brand's products were discounted (video) up to 90 percent, with further discounts offered to credit card holders of Bank Mandiri.







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