|This message contains images. If you don't see images, click here to view.|
here to advertise in this news brief.
Lojel makes tools for the curious, the passionate, the authentic traveler. Our designs are shaped by us and by other inquisitive souls who expand
their horizons through travel.
Shop Today: 35th Annual LLHA Show
Sept. 28-30, 2015
Mississauga Convention Centre
Book NOW — Early Bird Offer ends February 2015.
The end of February is only 2 ½ weeks away, have you booked your booth yet – the early bird deal ends February 28th. That means the rate will go from $9.50/sq ft up to $11.00/sq ft. That's a savings you should be sure to take advantage of.
We are now over 45% sold and encourage everyone to book your booth quickly. Don't be disappointed — once it's sold out, there's no more space to expand.
Stay Connected with Canada's only magazine for the travel business & fashion accessory industry going onto 49 years, distributed to 7,000 retailers nationally.
The Definitive Source for Marketing Intelligence for the Canadian Apparel Industry
Target's decision to leave Canada and its implications for Canadian apparel retailers and suppliers will be the focus of a unique webinar hosted by Trendex North America on February 27, 2015 at 11:00 a.m. (EST). Randy Harris, President of Trendex North America, publisher of the widely read monthly newsletter, Canadian Apparel Insights, and the recognized expert on the Canadian apparel market, will present the webinar.
Walmart Canada's 29 expanded supercentres to create 5,000 jobs
Walmart Canada unveiled a $340 million expansion plan for the coming year that is expected to generate 5,000 jobs across the country.
The announcement comes in the wake of Target's surprise departure from Canada, which will mean a lot less competition for Canada's largest discount retailer.
The chain's capital spending budget for the fiscal year ending Jan. 31, 2016 is about 30 per cent less than the $500 million Walmart Canada spent on store growth last year, and is mainly focused on expansion of existing stores into grocery items.
||MOST POPULAR ARTICLE
The tally of closed retail stores in Canada keeps growing
The tally of retail closures continues to grow in Canada with a new report from real estate company CBRE pegging the total to 1,114 stores in a little over three years.
Jones New York added its name to the long list when it announced it was closing 127 stores, 36 of which are in Canada.
Michael Kors handbags are everywhere — and that's a problem for the brand
The Washington Post
Michael Kors, the accessible luxury retailer best known for its leather handbags, delivered the kind of earnings report that many retailers would consider the stuff of dreams: Revenue soared nearly 30 per cent and profit rocketed 24 per cent in the most recent quarter. Sales at stores open more than a year increased 8.6 per cent, and online sales rose 76 per cent. But investors looking toward the future are unimpressed, sending the company's stock down nearly 4 per cent in trading.
TSA making changes on how it searches luggage with 'TSA Cares' program
The Transportation Security Administration will make changes about how it searches passengers' luggage, following a KPIX 5 investigation. Paul Mehling said the TSA has cost him thousands in replacements and repairs, improperly re-packing his delicate travel bass, almost every time he flies in spite of leaving them detailed repacking instructions.
Uniqlo, H&M chains rattling Vancouver's retail landscape
Business in Vancouver
Japanese fashion giant Uniqlo's looming arrival in Vancouver could cause a further hollowing out of local mid-market competitors and could even lead to a call for new environmental laws. Uniqlo, which is known for its "fast fashion," announced it would be opening two stores in Toronto in 2016 and expected to move into Vancouver after that. Fast fashion refers to clothes that imitate new runway designs quickly and inexpensively. Rather than having four fashion lines per year, clothing manufacturers increasingly have new items that incorporate micro-trends monthly if not weekly.
Tech handbag comes with in-house gadget charging
Leoht is a New York City-based wearable fashion tech start-up that is looking to make its mark in the fashion tech realm with their first product line, a collection of stylish tech handbags for the modern user.
The company's first tech handbag is a black leather tote that houses a built-in lithium-ion battery in its base and multiple USB ports to allow its owners to charge their gadgets anytime and anywhere.
Parasuco Retail to close its seven stores, files for bankruptcy
Parasuco Retail Inc. has filed for bankruptcy and will close all seven stores in Canada.
The Montreal-based denim retailer says it's shuttering the stores immediately but customers can continue to purchase merchandise through its website.
Most of the stores are in Quebec and one is in Mississauga, Ont. The closures will result in 80 layoffs.
Air Canada to use lower fuel costs to boost profits rather than lower fares
The Vancouver Sun
Air Canada expects to use significantly lower fuel costs this year to pad profitability instead of passing on savings to passengers.
"The recent reduction in fuel costs absolutely benefits Air Canada in the short-term and, subject to ongoing volatility, we expect to take full advantage," CEO Calin Rovinescu said Wednesday during a conference call after posting record results in 2014. Fuel is one of the biggest expenses for any airline and the carrier is forecasting jet fuel prices to average 67 cents per litre this year, down from 89 cents last year.
Online travel agency Expedia to buy rival Orbitz for $1.38 billion
Expedia Inc said it would buy Orbitz Worldwide for about $1.38 billion in cash, its third acquisition in four months, to take on larger rival Priceline Group Inc in a burgeoning online travel industry.
Orbitz's shares shot up 20 per cent to $11.63 in morning trading, short of Expedia's offer of $12 per share. Expedia's shares rose nearly 13 percent to $88.50. Priceline shares were up 2.8 per cent.
Missed last week's issue? See which articles your colleagues read most.
50 Minthorn Blvd., Suite 800, Thornhill, ON, L3T 7X8