Fashion’s future is a long going out of business sale, unless it turns itself upside down, argues John Thorbeck.
Retail spending may be on the rise, but as consumers face an ever-growing number of retail options online and off, the least savvy players are getting left in the dust.
They say a better mix of non-retail tenants in malls, the high costs of shipping in Brazil and other factors should allow malls here to continue to thrive.
As Chinese Valentine’s Day approaches, experts weigh in on how luxury brands can capitalise on one of the most important shopping festivals in China.
Not only is real fur continuing to make a strong showing on the catwalks, but it is also sustainable, argue Mark Oaten and Nancy Daigneault.
The Seattle-based chain posted a 23 percent gain in e-commerce sales and 4 percent uptick in same-store sales overall in its latest earnings report.
This week, Annalise Fard is promoted to oversee fine watches, jewellery and fashion accessories at Harrods, while Michael Kors taps Mona Swanson from Valentino.
The company’s shares lost a quarter of their value after the company posted lower-than-expected quarterly results.
The company’s total revenue increased 3.8 percent to $128 billion, beating analysts’ estimates of $125.97 billion.
China’s second largest e-commerce firm reported a 31.2 percent rise in second-quarter revenue on Thursday, falling short of analysts’ estimates after a worse-than-expected sale season.