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Singtel denies it plans to sell Optus despite talks with Canadian investor 

Inside Retail

Singtel bought Optus in 2001. Despite the recent scandals – and the resulting impact on the company’s bottom line – a deal in the range of $16 to $18 billion would represent “a big payday” in the words of AFR ’s Street Talk. Additional reporting from Reuters.

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How the Elizabeth line was designed

Design Week

The Elizabeth line is set to open on 24 May at 6:30am, covering over 100km from the west of London (Reading and Heathrow) to the east of the city (Shenfield and Abbey Wood).

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How the Elizabeth line was designed

Design Week

The Elizabeth line is set to open on 24 May at 6:30am, covering over 100km from the west of London (Reading and Heathrow) to the east of the city (Shenfield and Abbey Wood).

Line 101
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Bec + Bridge opens four new stores, expands into WA

Inside Retail

Contemporary womenswear label Bec + Bridge is accelerating its expansion plan in the country with the opening of four new stores, including its first WA location. . The store design features neutral tones and clean lines and is highlighted with green onyx tabletops, and the brand’s first pink terrazzo floor.

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Retail news around the globe

Inside Retail

South Korean supermarket chain E-mart has announced plans to exit Vietnam, according to The Korea Times. The company also announced that it is dropping its second, younger line from 2024 to focus on its main brand. Tech giant Google has unveiled plans to open its first physical store in New York City this summer.

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Balenciaga wraps London store in pink faux fur to celebrate its Le Cagole "it-bag"

Dezeen

To celebrate its popular Le Cagole bag, which references Balenciaga's maximalist It Bags of the past, and launch the line's collection of accessories and shoes, the entire interior of the store has been covered in fur. Balenciaga's Mount Street store was lined in faux fur. Pink faux fur was used across the walls, floors and surfaces.

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Target Named 2021 VMSD/Peter Glen Retailer of the Year

VMS

The first time was 20 years ago in 2001, which was also the first year the award was given. As this story went to press, Target had already opened 20 new stores thus far in 2021, with plans to open another dozen by year-end. (In All of these initiatives (and more) have had a positive impact on the retailer’s bottom line.