Canada Goose Holdings will open new stores in Vancouver, Montreal and Short Hills, N.J., this year, in addition to previously announced new locations in Asia, the company said. Brick-and-mortar stores in major cities including London and New York City have boosted the luxury parka brand's direct-to-consumer sales, which now account for more than 40% of total revenue.
Shoe retailer Foot Locker has opened a 21,000-square-foot, two-story flagship in Britain's Liverpool One shopping centre. It's the retailer's biggest European location.
Indian retail operator Major Brands will expand its e-commerce efforts and grow from 180 to more than 500 stores in the next few years, the company said. Major Brands operates stores under several banners including New Balance and Bath & Body Works, and it could also introduce additional brands in India such as Victoria's Secret.
India's Reliance Brands is in advanced talks to acquire the 60% of Genesis Luxury that it doesn't already own, sources said. Genesis is a retail distributor of mass-market and luxury brands in India, including Armani, Burberry and Jimmy Choo.
The Trump administration has announced a 25% tariff on $50 billion of Chinese imports. "Tariffs are taxes on American consumers, plain and simple," NRF President and CEO Matthew Shay said. "These tariffs won't reduce or eliminate China's abusive trade practices, but they will strain the budgets of working families by raising consumer prices." Read the statement.
US third-party logistics providers posted a collective $77.1 billion in gross revenue last year, up 5% from the previous year, according to an Armstrong & Associates report. Domestic and international transportation management segments each increased by more than 10% on a gross basis.
Imports of plastic and electronic waste rejected by China are making their way to Thailand, as the country has received more plastic waste through May than in all of 2017, according to Thailand's customs department. Thailand has also imported about 5,541 tons of electronic waste through May compared with 2017's full-year total of 70,989 tons.
Manufacturers expanding in the US share common challenges, including finding skilled workers and determining the corporate culture. UGN has grappled with instilling a shared lean culture across several facilities in the US and one in Mexico.
Identifying overprocessing in lean manufacturing requires a hands-on approach because most issues are happening on the factory floor, not in the boardroom, says Tim Murray of UK consultancy Newton. "Manufacturers should challenge themselves: '[I]f it's not adding value, then why are we doing it?' " he says.
Augmented reality, when paired with strong security, is an opportunity for manufacturers to work faster, improve workflow and access plant data more easily, write Epson's Leon Laroue and Lenny Kontsevich of Redrock Biometrics. "Embracing a secure, user friendly way to authenticate the access to sensitive data only increases the benefits of using augmented reality in the manufacturing space," they write.