A new online survey has found that 31% of people would firmly prefer to have more time than money, and 44% believe experiences are more important than things, revealing new opportunities for retailers.
Chinese mobile payment platform Alipay on Wednesday launched in Hong Kong its first app to handle transactions not denominated in the yuan currency, moving closer to its ambition of widening currency payment options.
The top messaging app in China is redesigning key product parts to spread its tentacles to just about every aspect of Chinese life, including its own payment infrastructure, posing a formidable challenge to Apple Pay.
The brand that made crystals into the greatest supporting act in modern fashion design, Swarovski, has a new project: diamonds. It unveiled its first collection of diamond jewelry, and new brand ambassador Naomie Harris.
Demna Gvasalia is keeping things busy at Balenciaga. Two months after staging the most acclaimed show of the Paris fashion season, Balenciaga is preparing a major new store on Avenue Montaigne, the famed shopping strip.
Matchesfashion.com is planning to open a new retail concept space over six floors in the heart of Mayfair, London. The site will include two floors of retail, an events space and three floors of private shopping suites.
Big chains and brands must learn from the more dynamic smaller players in the market, to think about technology, tap into their customers' lifestyles and avoid the squeezed middle says brand strategy guru Camilla Crane.
StockX announced on Wednesday an expansion beyond sneakers into the watch and handbag market, and said it has hired Reginald Brack and Cynthia Houlton to oversee the watch and handbag teams, respectively.