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Shopping malls group Klepierre re-opens 80% of European malls

Shopping malls group Klepierre re-opens 80% of European malls

Klepierre has re-opened 80% of its European malls and hopes to re-open 90% of them within 10 days, the company said on Tuesday, as global businesses slowly return to work after the coronavirus shutdown.
Fashion
Norwegian sports retailer XXL brings back staff as sales rebound

Norwegian sports retailer XXL brings back staff as sales rebound

Nordic sporting goods retailer XXL is bringing back its furloughed employees in Norway and Finland as demand rebounds after the coronavirus downturn that began in March, the Oslo-listed company said on Tuesday. 
Fashion
Brazil's Centauro prepares share offer worth up to $173 million

Brazil's Centauro prepares share offer worth up to $173 million

Brazilian sports good retailer Centauro will sell 25 million shares in an offering to raise money to finance acquisitions, a securities filing showed on Tuesday.
Fashion
Tommy Hilfiger hosts first livestream shopping event

Tommy Hilfiger hosts first livestream shopping event

The iconic American fashion brand held its debut livestream shopping experience in Europe and North America on Tuesday, the next step in the label’s ever-evolving see-now-buy-now approach.
Fashion
Amazon reportedly in advanced talks to buy self-driving startup Zoox

Amazon reportedly in advanced talks to buy self-driving startup Zoox

Amazon.com Inc is in advanced talks to buy self-driving startup Zoox Inc, in a move that would expand the e-commerce giant's reach in autonomous-vehicle technology, the Wall Street Journal reported on Tuesday.
Fashion
Lacoste names new North American and Latin American CEOs

Lacoste names new North American and Latin American CEOs

Both Robert Aldrich and Pedro Zannoni will report to Jean-Louis Delamarre, executive vice president, global markets and distribution.
Fashion
Rag & Bone gets online boost with new technology investment

Rag & Bone gets online boost with new technology investment

New York-based luxury fashion brand Rag & Bone is investing in its direct-to-consumer strategy with a new technology investment.
Fashion
UK retailer Next to re-open 25 stores on June 15

UK retailer Next to re-open 25 stores on June 15

British clothing retailer Next will re-open 25 stores on June 15 as the country's coronavirus restrictions ease, it said on Tuesday.
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Macy's announces $1 billion bond offering to repay credit facility

Macy's announces $1 billion bond offering to repay credit facility

Macy's Inc said on Tuesday it planned to raise $1.1 billion (£893.36 million) in a bond offering, backed by a first mortgage on some of its properties, to repay funds borrowed under a revolving credit facility.
Fashion
UK retailers report widespread cashflow difficulties - CBI

UK retailers report widespread cashflow difficulties - CBI

Eight out of 10 British retailers reported cash flow difficulties this month as sales dropped sharply again during the coronavirus lockdown, an industry survey showed on Tuesday.
Fashion
Thrift+ receives £950k investment

Thrift+ receives £950k investment

The online charity retailer has secured a £950k impact investment from a group of angel investors to further develop its on-demand clothing donation service.
Fashion
Carlo Capasa: Camera della Moda still planning on four Milan Fashion Weeks per year; does not plan to change dates

Carlo Capasa: Camera della Moda still planning on four Milan Fashion Weeks per year; does not plan to change dates

Designers are clamoring for a radical change in the fashion system; for less seasons and shows and later fashion week dates. But Carlo Capasa, president of the Camera, still expects to have four Fashion Weeks per year.
Fashion
Commonwealth Fashion Council adds new board member

Commonwealth Fashion Council adds new board member

The Commonwealth Fashion Council (CFC) has revealed that Roger Gingerich, president of Canadian fashion agency Gingerich Group, is joining its board of directors.
Fashion
Louis Vuitton names Johnny Coca director of women's fashion leather goods

Louis Vuitton names Johnny Coca director of women's fashion leather goods

The Spanish designer, former creative director of Mulberry, was recently put in charge of women’s fashion leather goods, working alongside Nicolas Ghesquière.
Fashion
Intu plans gradual reopening of shopping centres

Intu plans gradual reopening of shopping centres

Intu has outlined the safety measures it plans to implement across its 14 shopping centres to support the gradual reopening of non-essential retail stores.
Fashion
Retail footfall surges over holiday weekend, suggests pent-up demand

Retail footfall surges over holiday weekend, suggests pent-up demand

There are big questions around how keen consumers will be to return to physical shops once non-essential UK stores reopen in the middle of June, but the indications so far are that there's plenty of pent-up demand.
Fashion