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News Archive

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GLOBAL POWERS OF LUXURY GOODS 2016
Global Powers of Luxury Goods 2016

The report examines and lists the 100 largest luxury goods companies globally, based on the consolidated sales of luxury goods in financial year 2014 (which we define as financial years ending within the 12 months to 30 June 2015). It also provides an outlook on the global economy; an analysis of merger and acquisition activity in the industry and discusses the key forces shaping the luxury market.

The world’s 100 largest luxury goods companies generated sales of $222 billion in financial year 2014, 3.6 percent higher year-on-year. The average luxury goods annual sales for a Top 100 company is now $2.2 billion.

The global luxury goods sector is expected to grow more slowly in 2016, at a rate many retailers may find disappointing. The growth rate is slowing in important markets such as China and Russia, although some markets continue to perform well and there are pockets of opportunity across the globe. India and Mexico for example are growing quickly, and the Middle East offers further growth potential.

There is a shift in the luxury path-to-purchase. Empowered by social networks and digital devices, luxury goods consumers are dictating increasingly when, where and how they engage with luxury brands. They have become both critics and creators, demanding a more personalised luxury experience, and expect to be given the opportunity to shape the products and services they consume.

Key findings from the report include:

  • Discipline by design: luxury’s new normal – We are now entering the second half of the ‘decade of change’, which is expected to be characterised by discipline.
  • Demand for luxury goods is still growing profitably despite economic challenges.
  • Italy is once again the leading luxury goods country in terms of number of companies.
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NEW BIGSHOP STORE OPENED AT BEERSHEVA
NEW BIGSHOP STORE OPENED AT BEERSHEVA
Famous local brand Bigshop opened Its 4th Department Store at Beersheva, Israel. The store which includes, Women, Men, Kids, Baby, Toys, Optic, Home Furniture & Textile, and Electronic Departments is around 4.500 m2. The Design of the Store made by Colibri Design and handled by Simp Projects. As Kartes we produced all the furniture of the store and our team installed the whole equipment. Thanks for everyone who contributed.
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UNDERSTANDING THE "WHOLE NEW WORLD" OF RETAIL
UNDERSTANDING THE
Retail Days is the greatest business world event in Turkey as well as one of the most distinguished organizations in the international arena. The conference will once again host inspirational speakers as well as industry experts and leaders to share countless new, different and guiding views and topics on November 23-24th. As we are exhibitor and sponsor of the organization since the beginning, we would like to see and host you at the place.
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THIS YEAR LIDKO’11 WAS AT AMSTERDAM
THIS YEAR LIDKO’11 WAS AT AMSTERDAM
This year Leader’s Conference (LIDKO’11) has taken place at Amsterdam, Netherlands. As we are the "Official Store Design Sponsor" of the conference, the well-known retail brands representatives and owners attended to this event. In this 3 days short program people attended to the conference which interesting and well-known speakers from all around World had speeches. With the ‘’Study Tour’’ event, the participants reviewed different retail trends. At the conference the most efficient message given was to the retailers was "the local market is not enough for the Turkish Retailers, we have to target international markets".
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ALDO CAPITOL AND ADANA OPTIMUM STORES OPENED
ALDO CAPITOL AND ADANA OPTIMUM STORES OPENED
Aldo continues to growing plan in year 2016. To reach to the growth target they opened two more stores in Turkey. Canadian shoes and accessories retail giant aim to open more store to be able to reach more clients. As Kartes we are producing and installing all the store furniture for the brand. The next store that going to be open will be Kanyon Shopping Mall in Istanbul.
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BOYNER IS RENEWING TOTALLY
BOYNER IS RENEWING TOTALLY
Boyner Group started to renew the brand in year 2015 with logo as well. The brand decided to renew the concept of the current stores and the stores going to be opened. The brand decided to renew the Istinye Park Store to share a more pleasant shopping atmosphere to the clients. The store reopened on June again. The store redesigned by our groups step by step. A well-known architecture group, Michel group designed the new concept after a 6 month period, which is successful at department store design. Our team produced the new concept and implemented it with success.
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EUROPEAN FASHION BRAND MEXX ENTERED TO TURKISH RETAIL MARKET
European Fashion Brand Mexx Entered to Turkish Retail Market
European Fashion Brand Mexx opened its first store in Istanbul. Mexx has a product range for women, men, kid’s apparel and accessories. The brands have 534 sell points at 56 countries and want to increase the volume. In 2014 Eroglu Holding purchased Mexx, Netherlands after the company declared the insolvency. The brand wants to open new stores in Turkey, near region and Europe and we agreed with the company for supplying the store fixtures for the brand. The next store will be opened at the capital city of Turkey, Ankara.
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OXXO MODERN EAST STORE OPENED
OXXO MODERN EAST STORE OPENED
Modern East Shopping Mall opened with its 141 Stores on May 2016 at Umraniye, Istanbul. The brand Oxxo which is established 1993 opened one of the stores. The brand has Stores in Istanbul, Ankara, Izmir, Bursa, Eskisehir, Adana, Gaziantep, Mersin, Damman, Jeddah, Jubail, Hail, Riyadh and Taif. The total store quantity is now 34. As Kartes Ltd we are proud to add the brand to our portfolio.
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SKECHER OPENED BRAND NEW STORES AT ANTALYA, ESKISEHIR & CAPACITY SHOPPING MALL
Skecher Opened Brand New Stores at Antalya, Eskisehir & Capacity Shopping Mall
American Sneaker Sport Brand Skechers opened its 12th, 13th & 14th Store in row at Antalya Terracity Shopping Mall, Eskisehir Espark Shopping Mall and Istanbul Capacity Shopping Mall. After opening the stores at Istanbul, Izmir and Ankara, the brand reached to the clients at Antalya and Eskisehir as well. With the marketing campaign ‘’Be Free’’ the brand s continue to bring comfort life to whole Turkey. Till the end of the year the brand aims to reach the quantity of the store to 20.

As Kartes Ltd we are giving service to the brand as store furniture Production and implementation at the site. After opening the Flagship Store at Istiklal Street, Taksim, Istanbul, our teams finished the installation of the Antalya, Eskisehir and Capacity Store. Thank you for everyone who contributed at the project.

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RETAIL DAYS IN 15th YEAR
RETAIL DAYS IN 15th YEAR

The biggest retail event in Turkey, Retail Days will be held on November 25-26, 2015 in ICEC-İstanbul Lutfi Kırdar. Retail Days consists of International İstanbul Retail Conference and İstanbul Retail Fair, where expert speakers from Turkey and many other countries bring the latest trends, new models and the most recent dimensions of retail World. As Kartes, this year again we are one of the sponsor of the organization and will take place at both stage and will check the pulse of the retail sector.

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Press Room
AVM MARKA August 2012