Author: Shira Sapir

[ad_1] Zara has spent NIS 30 million in redecorating its current retailer and increasing it from 1,700 sq. meters in measurement to three,000 sq. meters on two flooring. Trend retail chain Zara at this time opened its Israel flagship retailer within the Ramat Aviv Mall in north Tel Aviv. Zara has spent NIS 30 million in redecorating its current retailer and increasing it from 1,700 sq. meters in measurement to three,000 sq. meters on two flooring. A particular crew was flown over from Spain to assist redesign the shop. The brand new retailer will supply a set…

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[ad_1] Over the following three years, Lululemon plans to open seven extra shops in Israel together with two extra shops in Tel Aviv. Canadian athletic attire retailer Lululemon has opened its first retailer in Israel at an funding of NIS 10 million. The 550 sq. meter retailer is within the Ramat Aviv Mall in north Tel Aviv. Over the following three years, Lululemon plans to open seven extra shops in Israel together with two extra shops in Tel Aviv, and in mid-2024 the retailer will launch an ecommerce web site in Israel. Till then Lululemon model items…

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[ad_1] Tnuva, Israel’s largest dairy merchandise firm, has introduced rises within the wholesale costs of its merchandise averaging 4.7%. The rises, which apply to merchandise not topic to authorities worth controls, will come into impact on November 22. In accordance with the corporate, the rises are reasonable, given the numerous rises in enter costs, headed by the worth of uncooked milk, which has risen by 24% since 2019. However, the corporate has determined to not increase the costs of sure merchandise, amongst all of them its Bio yoghurt merchandise, cottage cheese, decreased lactose and lactose-free milk, three-liter tubs of…

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[ad_1] Market sources worth Erroca at greater than NIS 75 million. Israeli pharmacy retailer chain Tremendous-Pharm has signed an settlement to amass Israeli sun shades retail retailer chain Erroca. Market sources worth Erroca at greater than NIS 75 million. Tremendous-Pharm already operates optician departments inside one third of its shops shops dealing primarily with eye testing by optometrists, prescription spectacles, and make contact with lenses, in order that the acquisition represents an enlargement of actions in eyewear. The acquisition is topic to approval by the Israel Competitors Authority. RELATED ARTICLES …

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[ad_1] Having signed franchisee offers to open French retailer Carrefour supermarkets in Israel, and 7-Eleven comfort shops, Electra Client Merchandise (TASE: ECP) is setting its sights on different retail sectors. The corporate has now signed a Memorandum of Understanding (MoU) to purchase 18 shops of the Adidas model in Israel from Arik Maman. On April 26 Electra Client Merchandise signed the MoU to purchase and function the Adidas model sports activities gear shops in two phases. On completion of the deal Electra will purchase 49% of the shares within the firm working the shops for NIS 15 million. When…

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[ad_1] Warner Music Group (WMG) has introduced the launch of Warner Music Israel, a brand new recorded music affiliate based mostly in Tel Aviv. Warner Music Israel is headed by common supervisor Mariah Mochiach, who brings together with her a wealth of trade information. She labored for greater than 10 years at Lev Group Media, which has acted as an Israeli distributor for Warner Music up to now. Warner Music Israel (WMI) will domestically market and promote WMG’s worldwide star artists together with Anitta, Bruno Mars, Cardi B, Coldplay, David Guetta, Dua Lipa, Ed Sheeran, Paulo Londra, Purple Scorching…

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