Angela Ahrendts Archives - Inside Retail Asia
Apple confirms six new China stores
Apple has detailed the first phase of its Chinese expansion. The iPhone maker is hiring six managers for new stores in Chinese cities Tianjin, Chongqing, Wuxi, Zhengzhou, Shenyang and Hangzhou. The openings follow the announcement of Angela Ahrendts, Apple’s new retail head, to open 20 new retail stores across China by 2016. Earlier this year, CEO Tim Cook said Apple, which plans to triple its presence there over the next two years, considers the nation a key market. “I feel like the…
Apple outlines rollout plans
Apple will ramp up its store presence globally – particularly in China. Newly signed retail chief Angela Ahrendts will spearhead the tech giant’s expansion around the world. Reports say 20 new Apple stores will open in China from now until 2016. Other openings are planned for markets including the US, Italy, Spain, France, Brazil and Netherlands. Ahrendts also plans to restructure Apple’s retail stores. “The stores will now be grouped by how much of certain products they sell. Thi…
Burberry eyes Japan growth
British luxury brand Burberry plans ramping up its Japanese presence to continue its global momentum. Burberry says it will invest in retail presence in the world’s second largest luxury goods market by opening stores in key cities including Tokyo and Osaka. “As we enter a new chapter, our teams are united and energised by the opportunities ahead – from unlocking Japan, to accelerating beauty and further integrating the physical and digital to deliver distinctive experiences,” said CEO C…
The new Steve Jobs?
Can anyone be worth $28 million in a single year? Burberry obviously thought that its CEO Angela Ahrendts was deserving of the package for her work in FY 2012, a year which saw Burberry achieve $3.3 billion in sales and $717 million in profit. The brand’s share price has trebled since Ahrendts joined Burberry in 2006 and set about turning a dusty old trench coat company into a fashion icon for the times. Along the way, the 53 year old small town American girl successfully leveraged what I s…
Asia boosts Burberry’s profit
British luxury brand reveals 14 per cent profit increase on strong demand from China and Hong Kong.