Luxury retailer Hervia has been acquired by Parabellum — the private equity operation controlled by Rami Cassis — for an undisclosed sum, marking its first move outside of B2B investments and into luxe fashion.
Online resale platform ThredUp launched on Tuesday the results of its 2022 'Resale Report' revealing that secondhand shopping is becoming a global phenomenon led by North America.
U.S. retail sales rose strongly in April as consumers bought more motor vehicles amid an improvement in supply and increased spending at restaurants, providing a powerful boost to the economy.
LA shopping district The Row DTLA has witnessed the opening of the Le Vin shop, the men's counterpart of Korean brand Lvir. Designed by Benji Huang, Le Vin puts a pure and modern spin on men’s basics.
Millennial and Gen Z locals are forecast to drive luxury market growth in the Asia-Pacific region, according to GlobalData, as internet penetration levels and social media brand engagement increases in the region.
Century 21 announced on Tuesday that it is set to make a New York City comeback with a revitalized shopping experience in spring 2023.
Landlord Shaftesbury, which owns a 16-acre portfolio in London's West End, has just got a little bigger in the retail area. The property giant has acquired a long leasehold in the lower floors of 92-104 Berwick Street.
Dune London is continuing its UK retail expansion spree with the latest opening of a new store in the heart of Buchanan Street, one of Glasgow’s key shopping districts.
UK footfall’s post-pandemic recovery took a hit last week as concerns over rising prices and worries over an impending recession deepened. There were negative numbers (almost) everywhere for the 8-14 May period.
Russell & Bromley is to open its first store outside of its domestic UK market with a deal signed for key Dublin shopping thoroughfare Grafton street.
Farfetch's luxury fashion store Browns has released its AW22 trend report and an overriding theme is a focus on sustainability, while a return to full-on glam party dressing, platform shoes and rebooted denim are key.
Turkish shoe retailer FLO Magazacilik is in talks to buy more than 100 stores owned by fitness brand Reebok in Russia, as Western companies rush to comply with sanctions over the Ukraine conflict.
Mango founder Isak Andic, who usually shies away from the spotlight, shared his pride with the media regarding his brand’s new flagship store in New York and revealed his plans for the future.
Harrods is imposing sanctions on its Russian customers, restricting their spending capacity at the luxury London department store. The retailer will no longer sell them “luxury goods” worth more than £300.
Maternitywear specialist Bumpsuit has chalked up a couple of firsts, with its first exclusive retail shopping experience in Harrods as well as it being the first time Harrods has hosted a maternity brand on such a scale.
