Just how major the changes have been on Britain's high streets after two years of lockdowns and trading restrictions can be seen in a new report, with department stores and fashion retail hit the hardest.
Italian fashion group Prada, confirmed on Tuesday that it would name former Luxottica chief Andrea Guerra as its new chief executive officer to ease a transition at the helm to the next generation of the founding family.
The Atelier de Création et Production, founded in 1987 in Paris by Jean Touitou, is looking for buyers according to the weekly Challenges. The mandate has been given to the investment bank Rothschild & Co.
After the show, the pop-up in New York, the book and the collaborations, the Italian luxury house has dressed the windows of the Rinascente, in Milan, to celebrate the 25th anniversary of its iconic bag.
At last, some much-needed good news for UK retailers. Footfall rose 5.4% week-on-week across all UK retail destinations in the seven days to 3 December, said Springboard. Increases were seen across all key destinations.
Amazon, M&S and Adidas have emerged strongly from the newly-launched Retail Performance Index compiled by agency VCCP. It’s based on a survey of 3,000 consumers and looks at strength in “the buying moment”.