It was a big day for Bicester Village on Thursday with the Value Retail-owned outlet mall opening its long-awaited extension that sees it with 30 new stores, more dining options and an all-new VIP area.
American publisher Hearst announced that it will take over the Dutch branch of Gruner + Jahr Media. With the takeover all brands and activities of G+J will become part of Hearst and published by Hearst Netherlands.
Affected by a tough traditional menswear market, the historic Italian label will be closing its factory in Carate Brianza north of Milan. The site employs 134 workers and ceased operations on Wednesday.
Debenhams is bringing a curated fashion and beauty offer to Australia with its first standalone stores there in a deal with Pepkor. It is opening smaller-format stores and offering plenty of exclusives.