Published in Fashion on 10-03-2014
Yoni Van Looveren
Dutch supermarket chain Albert Heijn will open a store in Genk this summer: the second in the Limburg province after Sint-Truiden. The franchise store will be owned by a former employee for Albert Heijn in the Netherlands.
This English version is only a summary to make Belgian retail news
available for an international audience. The complete article can be
read in the Dutch version or in French.
Esprit has launched in Beijing with a completely new store concept. As part of this revival, the modem brand wants to make it clear that it is "back in the game". Photos can be found here. In the meantime, just five franchise stores have closed in the Netherlands.
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The British fashion chains Topshop and Topman ended their previous financial year with a loss of 505 million pounds (567,50 million euros) before tax. The group is now planning a major restructure, which will put thousands of jobs at risk.
Spanish Inditex saw its turnover grow 7 % and its profit by 10 % in the first half of its financial year, despite the challenges on the fashion market. Zara's and Massimo Dutti's parent company too feels the consequences of a decreasing fashion market