BNPL may be booming but a troubled global economy is still presenting challenges to operators in the segment and news has emerged that one of the biggest operators, Klarna, is cutting 10% of its workforce.
Shaftesbury, the West End property giant that's in talks about a merger with Capco, has reported what might be its last set of results before a merger is unveiled with footfall up and its portfolio value growing.
Major global brands will “continue betting on physical retail to drive sales in resilient destination cities”, a Savills report says. And it named New York, Paris and London as “the most attractive cities for retailers”.
Digital women's fashion retailer In The Style has announced its newest celebrity partnership with Dame Deborah James and The Bowelbabe Fund. The collab launches with the sale of the Bowelbabe 'Rebellious Hope' T-shirt.
Luxury department store Harrods has finally appointed its first chief financial officer in five years. Tim Parker will join the business after 10 years at Hong Kong-based, London-listed conglomerate Jardine Matheson.
Online fashion subscription service Stitch Fix announced on Monday the appointment of Debbie Rose Woloshin to the role of chief marketing officer, effective immediately. Woloshin comes to Stitch Fix from Marc Jacobs.
Singapore-based fashion startup Zilingo has fired its Chief Executive Officer Ankiti Bose after an independent investigation into "complaints of serious financial irregularities," the company said on Friday.
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