Apparel Online Bangladesh Magazine October Issue 2018 | Page 66

RETAIL CURRENT HAVE YOUR SAY BREAKING NEWS Tell us your news by emailing at news@apparelresources.com To read the latest sustainability news, go to https://apparelresources.com/business-news/sustainability/  JCPenney launches its bohemian womenswear brand, Artesia on-trend looks at an incredible value.” Pushing the progress of their women’s apparel business, JCPenney launched the all-new brand Artesia, a boho inspired brand for women. Keeping the perfect timeline as the Fall 2018 season, the brand offers a chic collection in relaxed styles that encapsulates easy silhouettes, flowy fabrics and peasant-style tops and dresses – all adding a modern twist to the conventionally vintage bohemian trend. The collection has been made exclusively available September 7 onwards across JCPenney’s approximately 400 outlets and e-commerce website jcpenney. cpenneom. “We strategically chose to bring Artesia into our women’s assortment to fill a void on our floor. The carefree and eclectic aesthetic of the boho trend appeals to many women and the fit is flattering on countless different shapes and sizes,” said Jodie Johnson, Senior VP and Head of Merchandising for JCPenney. “With the introduction of Artesia, our customers can embrace the bohemian trend without spending a fortune, reinforcing our commitment to bring her elevated, The first collection of the brand champions the breezy, free-spirited look, with an assortment of offerings such as peasant blouses, crochet cardigans and dusters and tiered flounce tops complimented by eye-catching details like lace, flutter sleeves, tassels, and fringe. The brand’s earthy tones and rich paisley prints will be the main attraction points along with their cost-effectiveness as they are prized for less than US $ 30. Customers will be encouraged to pair these garments with JCPenney’s a.n.a® denim shop as Artesia would be strategically placed alongside the denim section in the women’s section of their stores. Debenhams announces rebranding of stores to withstand retail transformation The UK-based department store chain, Debenhams, has recently unveiled a new brand identity and a series of store modernisations to be called ‘Debenhams Redesigned’, launching this year in autumn, along with a new logo that has come in nearly after 20 years for the British brand. Notably, the new branding of the company will be initially launched online and later in selected locations such as Reading, Cambridge, Leicester, and Sheffield, where the transformation has been going on for months, targeting to include parts of its award-winning Stevenage store across its estate. Sergio Bucher, CEO, Debenhams emphasised that the reinvention strategy by the company is a step towards enhancing the shopping experience of its customers. “We have already made a significant improvement in our outlets and are constantly trying to better our offerings and want to show the world that we are changing, to increase the footfall in our stores,” Sergio added. The rebrand move has come amidst the cost-cutting measures the British retailer is taking to tackle the continuous decline of sales at the stores. Earlier this year, the company announced to shutter 10 of its exclusive stores after witnessing a decline in sales. While last month, it started redundancy talks with hundreds of its employees, in a process that is expected to result in about 90 of them losing their respective jobs across its fashion and home departments. Reportedly, the 66 Apparel Online Bangladesh | October 2018 | www.apparelresources.com revenues for this year are expected to go down from £ 50.3 million to between £ 35 and £ 40 million, and to counter this scenario, the store cut down over 300 management roles at the start of this year.