Next is continuing its acquisition spree as it expands in the mother-and-baby market with the purchase of Jojo Maman Bébé in a consortium with a group of finance firms.
U.S. retail sales increased solidly in March, but consumers are starting to feel the pinch of high inflation, with online spending posting back-to-back declines for the first time in more than a year.
Live video shopping is ubiquitous in China and is starting to take hold in Europe, tapped by a growing number of luxury labels and retailers, as this survey of its advantages, challenges and best solutions illustrates.
American fashion and lifestyle retailer Anthropologie has taken a 4,500 sq ft space at the evolving £400 million Islington Square development in North London. Opening in early summer, it becomes its 18th UK store.
Laings is going big in Scotland. The heritage jeweller has signed a 15-year lease to take over a 34,468 sq ft landmark B-listed building in Glasgow, which becomes its £5 million UK flagship retail and office location.
LK Bennett is continuing to bounce back from the stresses of the last few years and is still growing its UK store portfolio with a brand-new location opening in upscale Hampstead on April 14, in time for Easter.
LA-based lifestyle brand Rails is continuing its UK expansion and has opened its second London store with a debut in Westbourne Grove, Notting Hill.
The joint venture deal to buy Selfridges between Thailand’s Central Group and Austria-based Signa Group has been given the green light by the European Commission.
Amazon.com Inc on Wednesday said it will impose an average 5% fuel and inflation surcharge on merchants to warehouse and ship their products in the United States, in response to rising costs.
The Rome-based company's furniture line, now managed by the joint venture created with Design Holding, FF Design, is opening its first flagship store of 700 square meters in the heart of Milan.
Weekly inflation in Russia slowed to 0.66% in the week to April 8 from 0.99% a week earlier, taking the year-to-date increase in consumer prices to 10.83%, data from statistics service Rosstat showed on Wednesday.
Couture millinery brand Merve Bayindir has opened its first flagship store in London. Located in Crawford Place, Marylebone, the store “reflects the luxury brand's approach to design, innovation, and sustainability”.
Quite a coup for Asda. The UK supermarket’s value fashion/lifestyle brand George has partnered with the streaming giant Netflix for a major product tie-up. The partnership has begun in 50 store locations and online.
LVMH’s Italian jeweller Bulgari has opened on Tmall Luxury Pavilion, “becoming the first luxury brand to adopt the concept of [an] innovative flagship store”, it said.
Campaigners had hoped to prevent the demolition of the Marble Arch, London, branch of M&S, but the plan is set to be given the final go-ahead after London mayor Sadiq Khan referred it back to the local council.
