Blue Inc embarks on Middle Eastern trail
 
Fri, 20th March 2009
 
 

Blue Inc embarks on Middle Eastern trail

Young-fashion retailer Blue Inc is targeting further international opportunities as it prepares to open its first international store in Dubai this year.

The retailer's first overseas store will open in Dubai in September with franchise partner Jawad, and it also plans to open in Abu Dhabi this year. Further stores are set for Saudi and Kuwait in the next two years.

Blue Inc chief executive Steven Cohen said: "We believe there is great scope for a specialist men's fashion offer abroad as there is limited competition in that area."

The Dubai store will be based on its Liverpool One store, which opened late last year and was designed by Dalziel + Pow.

Cohen confirmed that he had been approached by potential partners to open stores in India and China and will consider testing its store format in those markets.

In the UK, Blue Inc is eyeing 20 locations for new stores this year. "We see very attractive opportunities given the better deals now available from landlords."

Blue Inc, whose customer demographic ranges from 12 to 29 years old, has been less affected by the downturn as its customer is not as heavily hit by the economic slowdown. "We notice that our youngest customer demographic has been even less affected by current economic conditions," said Cohen.

To increase brand awareness with its target market Blue Inc has also signed a partnership with the holiday firm Club 18-30 this year and will be co-sponsoring its events. As part of the deal Blue Inc will design all of the holiday representatives' uniforms, which will have Blue Inc branding.

Total sales were 34 per cent ahead for Blue Inc last year, buoyed by increasing like-for-like sales and the opening of 18 stores during the period. It was also helped by its expansion into womenswear, with its Pink Inc shop-in-shop. Pink Inc departments will be rolled out to a further 10 Blue Inc stores this year.

Like-for-like and total sales continued to perform ahead of 2008 in the year to date, said Cohen.

 
 
category Retail  |  source Retail Week - Fashion Retail
 
   
 
 
 
 
Fri, 10th February 2012
Mobile technology will decide who wins battle on the high street
A global KPMG survey has revealed that UK retailers are slower than other countries in adopting mobile technology.

more >
 
Fri, 10th February 2012
Comet to cut 450 jobs
OpCapita, the new owner of the Comet, is to axe around 450 jobs at the electrical chain as part of a plan to reduce investment in its UK-wide repair service.

more >
 
Fri, 10th February 2012
The emergence of click & collect as a real sales driver.
Arguably, the click & collect phenomenon emerged first in France. Much of this development has been driven by legal constraints such as zoning laws in France and high hurdles for the opening of new hypermarches.

more >
 
Fri, 10th February 2012
Hammerson plans redevelopment of Croydon's Centrale
Hammerson is planning to redevelop the Centrale shopping centre in Croydon.

more >
 
Fri, 10th February 2012
Tesco gets green light for new dot.com warehouse in Crawley
Tesco has secured planning permission for a 120,000 sq ft home shopping warehouse in Crawley. The warehouse will help to strengthen Tesco's dot.com home delivery business and create around 500 jobs.

more >
 
Fri, 10th February 2012
Businesses in the dark on electricity usage
Up to £1 in every £2 spent on electricity could be wasted - figures show 46% of business electricity is used when people aren't working.

more >
 
Fri, 10th February 2012
Morrisons lays out plans to open 300 convenience stores
Morrisons is understood to be targeting 300 M Local convenience store openings by 2014.

more >
 
Fri, 10th February 2012
John Lewis weekly sales up 6% in cold spell
John Lewis saw a 6% uplift in sales in the week ending 4 February compared to the same week last year.

more >
 
Fri, 10th February 2012
Sales of winter warmers drive John Lewis sales
John Lewis sales grew 6% to £52.5m in the week to February 4 as shoppers stocked up on winter warmers in the cold weather.

more >
 
Fri, 10th February 2012
Waitrose to use online personalised retargeting to drive customer relationships
Waitrose is to become the first UK supermarket to use online personalised retargeting for groceries to help drive relationships with its customers.

more >
 
Fri, 10th February 2012
Hut Group revenues rise 70%
Online retailer The Hut Group saw revenues increase by 70% to £143 million in the year to 31 December.

more >
 
Fri, 10th February 2012
White Stuff opens art gallery
Fashion retailer White Stuff has opened an art gallery in its Cardiff store in an innovative approach for driving footfall.

more >
 
Fri, 10th February 2012
Forever 21 boss sounds caution on UK expansion
US fast fashion giant Forever 21 is taking a cautious approach to UK expansion as the macro-environment remains volatile. 

more >
 
Fri, 10th February 2012
Hotel Chocolat to take dip in beauty market
Upmarket chocolatier Hotel Chocolat is mulling the launch of beauty products as it enters the European market for the first time.

more >
 
Fri, 10th February 2012
Store stocks rise as retailers refocus
Store stocks were on the up over the week as food and general merchandisers rose with the market, although the former still lagged the All Share index while the latter outperformed.

more >
 
Fri, 10th February 2012
Value retailer QD Stores targets online
Value retailer QD Stores will launch a fully transactional mobile-optimised website in time for Christmas.

more >
 
Thu, 9th February 2012
Edinburgh Woollen Mill pulls out of Peacocks talks
Edinburgh Woollen Mill has pulled out of the bidding process for Peacocks, Retail Week can reveal.

more >
 
Thu, 9th February 2012
Asda creates sustainability network for suppliers
Asda has signed a deal to increase sustainable practices in its supply chain.

more >
 
Thu, 9th February 2012
Co-op receives 64,000 enquiries for apprenticeship roles
The Co-operative Group has revealed that it has received 64,000 internet enquiries regarding its apprenticeship scheme.

more >
 
Thu, 9th February 2012
The Hut reports record sales
Online retailer The Hut group has posted soaring sales up 70% to £143m in the year to December 31, as the final quarter helped drive market share.

more >