Inditex had another good year in 2017, despite exchange rates denting its margin slightly. But its omnichannel focus drove it to higher sales and profits, and its new COO has been tasked with maintaining that momentum
French Connection is still lossmaking and margins are down but there's news to be cheerful about too as its new concept store outperforms, wholesale turnover rises, e-tail makes up a third of sales and m-commerce surges.
After losing its anchor tenants of Nordstrom and Macy's to nearby Westfield Century City, LA's Westside Pavilion mall will be redeveloped into creative offices and a movie theater in order to revitalize the real estate.
Lifestyle brand FabFitFun is hosting a pop-up in Downtown LA's Grand Central Market March 10th-11th. Consumers are incentivized to interact with the space – adorned with Instagram-worthy props – and post on social media.
Chinese investor and philanthropist Wendy Yu, on behalf of her Hong Kong-based company, Yu Holdings, has created an endowment in perpetuity for the position of the Wendy Yu Curator in Charge of The Costume Institute.
When the French outpost of Bulgari Hotels and Resorts opens in 2020, it will occupy a place on 30 avenue George V which forms one of the most exclusive and most expensive pieces of real estate in the city.
It was tough in 2017. Who says so? One of Britain’s most successful retailers, that’s who. John Lewis Partnership saw its profits falling over 20% in the face of a competitive environment, but fashion outperformed.
House of Fraser’s Chinese owner is planning to sell its majority stake in the under-performing department store chain to another Chinese entity, it confirmed on Tuesday. But it will keep a large holding in the retailer.