Store numbers on London’s premier shopping thoroughfare Oxford Street have dropped to 228 from 285 since 1993 as global brand demand for giant flagships has seen several smaller units consolidated into larger stores.
Farfetch and JD.com have announced a groundbreaking deal. They will partner on Chinese luxury e-tail, with JD investing almost $400m in the London-based luxury pioneer as China's high-end fashion market grows fast.
Mexico-based W and Company has launched the English men’s shoe brand in the Latin American market. The luxury accessories startup founded by an 18-year-old entrepreneur is rapidly growing since its 2014 start.
The New York jeweller is busy with a spate of new store openings this summer: a flagship in the heart of Milan, two stores inside Paris' Charles de Gaulle airport and another on Moscow's Petrovka Street.
UK consumers are very ‘tribal’ in their fashion choices with many resistant to trends, a new survey shows. It also reveals that magazines have minimal influence on their style and there are huge regional variations.
Isabel Marant is the latest designer name to link with luxury fashion e-tail giant Yoox Net-a-Porter and has launched an online store in a partnership deal as it seeks to make e-sales 5% of its total within two years.
Rewe’s loss is C&A’s gain. Alain Caparros, the supermarket chain’s CEO, leaves this month and it was announced Wednesday that he will become European CEO at Dutch-German fashion retail giant C&A as of August 1.
UK clothing sales hit a new low online last month with just 7.6% growth as Britons kept their purses and wallets closed because of higher prices, dull weather, Brexit blues and uncertainty due to the general election.