Online clothing stores in the Netherlands are flourishing, with numbers up 75 per cent, according to Statistics Netherlands. Numbers of physical stores, continuing to face headwinds, are down 9 per cent.
If UK fashion, beauty and interiors stores are worried about competition from the discount sector now, they have a lot more to worry about in the next few years with a new report saying the sector will surge by 2022.
French department store Galeries Lafayette has announced plans to buy a 51% stake in multibrand retailer La Redoute through its holding company Motier, with the remaining 49% expected to be acquired at a later stage.
Sheffield’s Meadowhall continues to boost its luxury offer with an opening this month for Tag Heuer. The watch brand, for which Aurum Holdings is the franchisee, has opened only its fifth UK store in the mall.
To give climbers a chance to stock up on gear midway through their journeys, Cocona Inc. installed a pop-up shop on Bastille Wall in Eldorado Canyon selling sports gear from brands using Cocona’s own 37.5 technology.