Value fashion brand F&F plans to roll out more than 50 new franchise stores over the next five years, breaking into new markets across the Middle East and in Armenia, Azerbaijan, Georgia and Kazakhstan.
The brand is currently carried in a dozen countries — with stand-alone doors in Poland and the Czech Republic and 15 franchise stores in Saudi Arabia. In the U.K., it is sold exclusively at Tesco, where its sales rose 9 percent last year to more than 1 billion euros, or $1.52 billion at current exchange.
F&F is expanding its relationship with Al Hokair to open stores in Kazakhstan, Georgia, Armenia and Azerbaijan. It is also linking up with Dubai-based Al Futtaim to opening doors in the Middle East.
“We’ve had a strong year and our combination of good quality and contemporary design appeals to customers across the world,” said F&F chief executive officer Jason Tarry. “I’m excited to see F&F moving into these new markets, where there is an established and growing retail industry.”
@juicebeauty, where @gwynethpaltrow holds the title of creative director of makeup, has become one of the foremost labels in the organic beauty category –– with sales on track to hit $100 million this year. What’s behind the rapid growth the brand is experiencing right now? It all started in 2005 when the wellness movement was just getting started. Read more on WWD.com. #wwdbeauty
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"I want to tell a story that inspires people to feel good about themselves, but also I'm making a commentary about the lack of female stories and female directors and saying this should change," said @imheathergraham on her latest project "Half Magic." The comedy feature, which the actress wrote and directed, is based on her own struggles as a woman in show business. Read @andrewnodell's full interview with Graham on WWD.com. #wwdeye (📷: @jgreenery)
@meltcosmetics cofounders @lora_arellano and @danabomar built their brand on a single idea: a true matte lipstick. To set the brand apart, they said they always put their customers first –– including a personalized note in each package. #wwdsummits #wwdbeauty
@moncler unveiled its latest project, #MonclerGenius, yesterday at Milan Fashion Week. The Italian outwear maker gave show-goers a preview of the monthly collections – which were created by eight designers and creative talents including Pierpaolo Piccioli, Simone Rocha, Craig Green and more – that will start rolling out in the summer.