Myer Melbourne was named this week as the world's best new department store in the 2011 Oracle World Retail Awards.

The building designed by NH Architecture was given the Store Design of the Year Award, the contested by various retailers around the world, and previous awardees including Topshop New York, Niketown London and American Girl Place.

Myer Bourke St Redevelopment by NH Architecture. Image: Dianna Snape

The 5th Oracle World Retail Awards, celebrating the best of global retail, were held at the German Historical Museum in Berlin.

Myer Chief Executive Officer Bernie Brookes said it is the first time in the five-year history of the competition that an Australian retailer has won a World Retail award.

International Business Times reported the store design beat Carrefour Planet, Venissieux/Alcobendas/Mont St Jean, Desigual in Barcelona, Disney Store in New York, eSpoir in Seoul and Tsvetnoy in Moscow.

Burberry won the 'Retailer of the Year' award, and Roger N Farah of Ralph Lauren was awarded 'Outstanding Leader'.

All the 2011 Oracle World Retail Award winners can be viewed on the awards site.