Italy is the most attractive country for retailers, and Russia is in third place
According to a new CBRE study, “How Active are Retail Chains in Europe, the Middle East and Africa?”, About a third of surveyed international retailers plan to open more than five stores by the end of 2012 in Europe, the Middle East and Africa.
For the first time, Italy became the most attractive market for retail, rising from eighth place in the ranking of last year. Italy, followed by Germany, Russia, Spain and France, making the top five countries in which more than 30% of the companies surveyed plan to develop. Russia climbed from sixth to third, according to CBRE, “due to a strong economy and forecasts of rising consumer spending.”
Interest in the Middle Eastern countries, such as Saudi Arabia, Kuwait and Qatar, has significantly increased - more than 15% of retailers are considering these countries for expansion in 2012. A high level of income of the population, a more stable economy than in Europe and a relatively low percentage of international presence in the region brands - all these factors attract companies.
More than half of the firms surveyed (52%) intend to open stores in new cities, but only in those countries where they are already present. A similar situation was observed last year. “Retailers in 2011 faced with a much more difficult situation in the consumer market than expected approach the development issue very carefully, which is right in this situation,” says Peter Gold, head of CBRE's international retail property department. Nevertheless, almost a third of retailers (30%) intend to enter new markets in 2012.
The most active retailers in the Value & Denim sector (clothing discounters, denim clothing). They plan to open an average of 36 stores in 2012 (30 stores last year). Faced with declining income levels, many consumers have begun to move to lower price points, Gold explains. The luxury segment also feels comfortable - companies in the Luxury & Business Fashion sector plan to open an average of 15 stores in 2012, which is slightly more than in the past.
In Russia, the total volume of foreign investment in the trade sector since the beginning of the year amounted to 764,5 million euros. “This segment is still underrepresented in the Russian investment market,” said Konstantin Lysenko, director of investment services at CBRE. Following the results of the III quarter of 2011, 2,3 billion euros were invested in German retail. In the UK - 1,78 billion euros. This was reported by the newspaper "Vedomosti".
According to a new CBRE study “How Active are Retail Chains in Europe, the Middle East and Africa?”, About a third of surveyed international retailers plan to open before ...
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We are waiting for you at the Euro Shoes exhibition on August 26-29
The international exhibition of footwear and accessories Euro Shoes premiere collection starts in Moscow next Monday. Euro Shoes will be held in the capital's Expo Center from August 26 to 29 in alliance with the leading international clothing exhibition CPM Moscow. In one place and on the same dates, both exhibitions will bring together a large number of visitors, buyers and fashion industry professionals from Russia and the CIS countries.
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How to determine the effectiveness of a shoe business
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MUNZ Group: Five common mistakes when searching for line personnel
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Euro Shoes will be held in pavilions 2.5, 2.6 of the Expocentre Fairgrounds
Dear partners!We inform you that the Euro Shoes premiere collection exhibition will be held from August 26 to 29 at the Expocenter, pav. 2.5 and 2.6.
Time-tested and new collections
PETER KAISER SPRING/SUMMER 2025
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Louis Vuitton opens a new factory in Italy
Louis Vuitton has opened its second shoe factory in Italy. After opening the first one in Fiesso d'Artico in Veneto, the LVMH flagship brand has just opened a new production site dedicated to this category of footwear in the industrial zone of Civitano in the Marche region. There is also another brand production facility in Tuscany, where bags and leather accessories are produced, writes fr.fashionnetwork.com.
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“How do you charge your consultants for personal or general sales?” Is one of the most popular questions causing a lot of controversy and gossip on the online forums of retail business owners. Indeed, how to properly form the earnings of sellers? But what about bonuses, where to get a sales plan from, do employees allow them to buy goods at discounted stores? In search of truth, the Shoes Report turned to a dozen shoe retailers, but no company wanted to disclose its motivation system - the process of its development was too complicated and individual. Then we asked four business consultants, and finally became convinced that the topic of seller motivation is very complex, because even our experts could not come to a common opinion.
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The best models of Czech shoes of the past
In Soviet times, for shoes from Czechoslovakia sold under the Cebo brand, customers stood in line for four hours and did not regret it, because Czech shoes were considered to be of high quality, comfortable and fashionable. Shoe designer Juraj Shushka shared a photo archive of his collection with Shoes Report magazine, which contains the most interesting Cebo models from the 1940's to the 1980's.
Retail Arithmetic
Before you begin to solve specific problems, you need to find out how accurately all the leaders of your company understand the basic terminology of retail.
How to fire a worker without tears, scandal and trial
Sooner or later, any manager is faced with the need to part with an employee. Properly and on time the dismissal procedure will save the company money, and the boss himself - nerves and time. But why sometimes, knowing that a break in relations is inevitable, we put off the decision for months?
