Mayfair and Belgravia's biggest landlord is investing £1bn in upgrading the neighbourhood with heavy investment in boosting connectivity, improving retail stores and adding experiential spaces to boost the area's appeal.
The founders of concept store Hostem have opened another concept location in London's Shoreditch. Called Blue Mountain School, it’s located on the corner of Chance Street and expands the original Hostem luxury concept.
Japanese flea market app operator Mercari Inc targets rapid expansion in the United States, its founder and chief executive told Reuters on Monday, after a recent funding round boosted its value beyond $2 billion.
Walmart Inc has opened its first small high-tech supermarket in China, where smartphones can be used to pay for items that are mostly available on the U.S. retailer’s store on Chinese online marketplace JD.com.
Prestige beauty company L'Occitane en Provence is taking its assortment on the road with its new L'Occi Truck, the first ever traveling retail experience for the brand, modeled on the food truck concept.
House of Fraser’s weak finances could be easing on reports that its potential new majority owner has a more than £1bn investment war chest and that the £15m cash infusion from its current owners could be added to.
Goop has announced plans to expand globally with $50 million raised in Series C funding. Despite the fact that, until December, the site only shipped in the US, 35% of Goop's consumers are currently from other countries.
The Swedish company has reported 3.4 billion euros worth of apparel stocks, a volume which has risen 7% in the last year. As a number of media outlets highlight the problem, H&M continues to announce markdowns.