UK high street and travel retail newsagent WH Smith has delivered a surprise with news that it’s buying US travel retail specialist Marshall Retail for $400m/£312m, radically expanding its travel retail chain.
Carla Sozzani, noted retailer, gatekeeper to the Azzedine Alaïa archives and all-round fashion legend, has a new project. The Italian lady opened her own Fondazione Sozzani Monday night in an unexpected neighbourhood.
In its 200th year, the world’s oldest shopping destination is adding a raft of new brands with London’s luxury Burlington Arcade announcing the arrival of Christian Louboutin, Harrods, Mou London and Baudoin & Lange.
As consumers increasingly focus on diversity at the stores they patronise, e-tail giant Zalando has announced that it’s aiming for “balanced gender representation in its senior management with wider moves also coming.
Piper Jaffray has released the results of its 'Taking Stock With Teens' study, showing that Gen-Z spending has decreased 4 percent year-over-year with cosmetics spending for females hitting a 2019-survey low.
Laura Ashley shares plunged more than 26% on Monday morning after the troubled fashion and homeware chain revealed its finance director and joint chief operating officer is leaving the company after two decades.
Up-for-sale Australian brand RM Williams’ earnings are forecast to more than triple by 2024 said investment bank Goldman Sachs in a pitch sent out to attract interest from potential trade and private equity buyers.