Kate Spade has opened its first full-price standalone UK store outside of central London with its Bluewater debut. The Tapestry-owned brand has opened close to sister label Coach’s still-new location.
Shareholders of struggling Australian retailer Myer voted down executive pay proposals on Friday, in a revolt led by billionaire investor Solomon Lew pressuring the board to start delivering on its turnaround strategy.
UK households are their least confident since immediately after last year’s Brexit vote, partly because of this month’s interest rate hike and more signs of a slowdown in the housing market, a survey showed on Friday.
Shoppers splurged more than $1.52 billion online by Thanksgiving evening, up 16.8% over last year, and more bargain hunters turned up at stores this year as retailers opened their doors early on the eve of Black Friday.