Oasis, Leeds, United Kingdom
British fashion retailer Oasis lets the permanent architecture do the talking at its store in Leeds, U.K. Designed as a model for international expansion, the 2, 238-sq.-ft. space was developed for ease of installation, flexibility and efficient detailing. The walls and ceiling were constructed away from the structural shell giving a fun stage-set feel while allowing elements to become standardized with less site-specific variables. The interior has the aesthetic of a Georgian house executed in a contemporary manner. (Oasis was designed by Dalziel+Pow, London.)
The theme is evident in the fitting rooms. Traditional Georgian paneling has been given an Oasis twist, with fuchsia pink lampshade illustrations and a painted light beam that washes across the paneling. This illustration style is used throughout the store to offer customers something unexpected; a window scene looking out over gardens features an inquisitive cat, while an illustrated grandfather clock with a working face is hidden in a merchandise display.
The eye-catching exterior embodies the essence of the scheme. The shop front features a photographic illustration of a Georgian house, which represents the ‘House of Oasis’ concept. The illustration takes the traditional elements of a house and adds a twist with the addition of a fuchsia pink gradient washing down the glazing to create a fresh and modern façade.
Design: Dalziel + Pow, London
Avery Dennison Q1 2013 in line with expectations
PASADENA, Calif. — Avery Dennison Corporation’s first-quarter 2013 results were in line with its expectations, according to chairman, president and CEO Dean Scarborough.
The company’s total net sales for the quarter were $1.5 billion, an increase of 4% from $1.4 billion for the same quarter a year ago. Net sales adjusted to exclude the estimated impact of currency translation, product line exits, acquisitions and divestitures increased 4%.
The pressure-sensitive materials segment increased 3% to %1.1 billion. Within the segment, label and packaging materials sales increased low-single digits. Combined sales for graphics, reflective, and performance tapes increased slightly.
The retail branding and information solutions segment increased approximately 6% to $382.7 million, driven by increased demand from U.S. and European retailers and brands, including another quarter of strong growth in RFID.
“Double-digit sales growth in emerging markets at pressure-sensitive materials and continued sales growth at retail branding and information solutions, combined with the benefits of our restructuring program, put us on track for a 22-40% increase in full-year adjusted earnings per share,” said Scarborough. “I’m pleased that we have received all regulatory clearances for the sale of office and consumer products and designed and engineered solutions, which we expect to complete mid-year.”
E-commerce growth fuels package volume increase at UPS
UPS reportedsecond quarter results that were below the company’s expectations as a result of disappointing performance in freight forwarding and a "slight miss" in International package.
The company had total revenues of $13.5 billion for the quarter, an increase of 1.2% from $13.35 billion for the same period last year.U.S. domestic second quarter revenue improved to $8.24 billion, up 2.3%. Operating profit was relatively flat compared to last year. Daily package volume improved 1.9% compared to the same period last year, driven by residential shipments from e-commerce customers.
International daily package volume improved 5% and revenue increased 1.6% to $3.06 billion. Daily export shipments increased 5 %, with Europe and Asia leading the way. Non-U.S. Domestic volume was up 5.1% compared to the prior year period.
"Market conditions and shipper preferences clearly impacted our freight forwarding and International business," said Scott Davis, UPS’s chairman and CEO. "UPS is adapting to these conditions to ensure we deliver a solid second half."
Revenue in the supply chain and freight segment was $2.20 billion, down 3.2%. Operating profit dropped to $159 million with an operating margin of 7.2%. The revenue and operating profit declines were primarily due to the Forwarding business unit, which remained under pressure as tonnage declined. Additionally< yields were negatively impacted by lower demand in trans-Pacific trade lanes. Lower operating costs could not offset these headwinds.
UPS Freight revenue improved; however, operating profit and margin declined slightly, due to increases in compensation and benefit expense.
"Going forward, UPS is focused both on our long-term strategy and adapting to changing market conditions. Looking toward the back half of the year, although global economic expectations have been lowered, UPS expects growth in adjusted diluted earnings per share of 4-13% over the same period last year,"said Kurt Kuehn, UPS CFO.