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.
The label has launched the ‘One Life One Planet’ capsule collection by opening a pop-up store until end of May at the Galeries Lafayette’s Champs-Elysées branch in Paris, to be followed by others around the world.
BNPL specialist Klarna has rolled out Virtual Shopping, “connecting online shoppers directly with experts in physical stores, through live video and messaging, to provide a highly personalised experience online”.
Coinciding with the launch of its first store on Fifth Avenue, the brand has announced an expansion plan that aims to open 40 points-of-sale in the U.S., set to become one of its top five markets, by 2024.
Tech firm Nexite has announced a new funding injection. It takes its total funding up to $100m for its breakthrough Bluetooth tag and SaaS platform that boosts physical shopping and makes it more e-tail-like.
It may be up for sale, but Ted Baker’s expansion plans are clearly not on hold. It intends to open a new store at Milton Keynes’ centre:mk mall as the retailer continues to mull “a number of non-binding proposals".