Abercrombie & Fitch has signed a franchise agreement with Majid Al Futtaim Fashion to open new stores in Bahrain, Oman, Qatar and Saudi Arabia, the US teen fashion retailer said Monday. The company didn't say exactly how many Middle East stores will open under the deal, which includes Abercrombie's namesake brand, Hollister Co. and abercrombie kids.
About 20 fragrance companies worldwide are finding a market for new scents designed to elevate moods throughout buildings, using a practice dubbed "ambient scenting." Perfumer Bruno Jovanovic, who with partner Pascal Gaurin crafted scents including Giorgio Armani Onde Extase, was part of the team that created a woodsy aroma that became part of Abercrombie & Fitch's in-store experience.
Wal-Mart, Kroger, Walgreen and other big retailers are cutting the variety of products on their shelves by at least 15% to increase sales and profits by simplifying the choices for budget-conscious shoppers. "All that go-go 1990s where we were adding items in and adding items in, and people wanted more, more, more, more choice ... just didn't pay off," said Catherine Lindner of Walgreen.
As Internet policymakers plan to make available more high-level domains next year, companies remain concerned about cybersquatters and want a list of names that can't be sold except to the trademark holder. ICANN is meeting this week in Australia, and the domain names are a hot topic.
The humble bar code -- which has brought changes from retail to health care -- turns 35 today. Although some are looking to move on to more sophisticated technology such as RFID tags, the bar code remains cheap and accurate.