Home / Knowledge / News / Apparel/Garments / Fast Retailing, H&M win awards at World Retail Congress
Fast Retailing, H&M win awards at World Retail Congress
08
Oct '14
At the recently held World Retail Congress, Swedish apparel retailer H&M and Japanese garment marketer Fast Retailing bagged the ‘International Retailer of the Year’ award and ‘Retailer of the Year’ award, respectively.

Finalists in the fray for the ‘International Retailer of the Year’ award were the likes of Aldi, Burberry, Costco, Fast Retailing, Ikea, Inditex, Primark, Walgreens and Alliance Boots and Lidl (Schwartz).

Those shortlisted for the ‘Retailer of the Year’ award were: Aldi, Dixons Retail, H&M, John Lewis Partnership, Macy’s, Michael Kors, Nordstrom and Sun Art Retail.

In giving the award to H&M, the jury said, “With a truly global concept, we chose this year’s winner for its wide-ranging growth strategies. H&M has not only opened strongly in a huge number of markets, but is one of the few to open in both the southern and northern hemispheres.”

They also praised H&M for innovating and maintaining a strong financial performance, and launching new concepts.

Fast Retailing won the award on the strength of growth and execution. The jury said Fast Retailing has backed its ambitious expansion objectives with very impressive sales growth.

The judges also liked that it has demonstrated itself a very human face through both its store environments and staff engagement. The mix of quality and price made for a compelling offer, said the judges.

The ‘Outstanding Leadership’ award was won by the duo of Natalie Massenet & Mark Sebba from the Net-A-Porter Group.

In a break with precedent, the special ‘Outstanding Leadership’ award was presented jointly to Natalie and Mark in recognition of their exceptional skills and vision in creating Net-A-Porter, the world’s premier online luxury retailer.

“Till date, all previous winners have been individuals, but it was felt that the partnership between Natalie and Mark justified this joint award,” the jury explained.

Other achievements which caught the eyes of the jury were: Outnet.com, the most fashionable fashion outlet, and Mr Porter, the online retail destination for men’s style. (AR)

Fibre2fashion News Desk - India


Must ReadView All

Israeli minister announces tax cuts on consumer goods

Apparel/Garments | On 14th Dec 2017

Israeli minister announces tax cuts on consumer goods

The Israeli Government will slash taxes by $227 million, finance...

Courtesy: Kelvin Techstyles

Apparel/Garments | On 14th Dec 2017

Kelvin Techstyles fuses style and function in city apparel

Fusing style and function in outdoor clothing, Roseville,...

India’s WPI inflation for textiles up 0.3% in Nov 2017

Textiles | On 14th Dec 2017

India’s WPI inflation for textiles up 0.3% in Nov 2017

India’s annual rate of inflation, based on monthly wholesale price...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search