Riccardo Tortato, e-commerce head and men's fashion director at premium department stores TSUM and DLT, gives an insider take on the little-known world of Russian menswear trends, in conversation with FashionNetwork.com.
For investors in Australia's Westfield, its $16 billion (£12 bn) sale to European property giant Unibail-Rodamco may mark a turning point for an industry under pressure to reinvent itself amid fierce online competition.
Europe's top online-only fashion retailer Zalando is stepping up its fast-growing brand partnerships programme, building on ties with the likes of Nike and Superdry to repel the challenge of U.S. interloper Amazon.
Shares of Australian shopping mall giant Westfield Corp rose as much as 15% on Wednesday, their biggest single-day gain, after the company said it would accept a $16 billion takeover offer from France’s Unibail-Rodamco.
To increase sales and improve brand perception across its beauty category, Germany's Henkel, which owns Fa, Schwarzkopf and Diadermine, is redirecting collections toward a more natural-conscious consumer and millennials.
Retail giant Inditex isn’t immune to fashion’s negative trends, but the company is certainly doing better than many, saying Wednesday that net sales in the first nine months of the year were up 10% and profit was up 6%.
Activist investor Land and Buildings on Tuesday reiterated that Canadian department store operator Hudson’s Bay Co’s real estate assets were worth substantially more than the company’s current market valuation.