NPD has surveyed its industry experts to get their insights for US Holiday 2018, revealing predictions of a brick-and-mortar comeback, a strong performance in fragrance and the continued dominance of athleisure.
Andrea Panconesi, owner of LuisaViaRoma, the famed boutique in Florence, opens his first ever pop up in Manhattan on Friday. So, we met Andrea for his take on etailing, family businesses and not selling out to any fund.
The owner of designer outlets in the UK and Italy has announced a €1bn investment in new centres and expansions to make shopping more experiential and lure more millennials and Gen Zs into shopping centres.
Nike has opened its newest House of Innovation concept store in New York City. Located on Fifth Avenue, the store is a massive 68,000 square-foot, six-level one-stop-shop for cross-category Nike products.
Dutch payments firm Adyen is willing to take a hit on the transaction fees it charges in order to win new business, said CFO Ingo Uytdehaage, adding its model would support profit margins as volumes scale up.