Hema plans to sell part of its store portfolio to franchisees in order to invest in the acceleration of its international expansion. It marks the latest move by the chain's new owner since its acquisition in October.
“My father was in charge of manufacturing for 45 years here and never ever wanted anyone in our factory,” chuckled Nadja Swarovski after opening the doors of the family's famed crystal-making plant in the Austrian Alps.
British fashion and lifestyle chain Oliver Bonas spent 2017 opening new stores, relocating existing locations and expanding its infrastructure, and despite all this, it managed to increase EBITDA by 7.6%.
River Island’s important new offer RI Home 160-piece collection has debuted in its stores and online with the company now targeting its customers’ complete lifestyles as well as just their fashion choices.
The owner of Muji is said to be considering moving its London headquarters out of the UK ahead of Britain’s exit from the European Union, reports said. Germany could potentially become the brand’s European base.