Previously, the German label only operated temporary showrooms in the French capital during ordering season, but brisk sales to French retailers and continual growth have prompted it notch up its presence in France.
New Bond Street has taken the top spot for the fastest growing prime retail location in the world and is now the second most expensive street for retailers after New York’s Fifth Avenue, according to a new report.
UK consumer confidence fell by three percentage points to -10% in the second quarter of 2017, the biggest quarterly decline in more than two years, according to the latest Consumer Tracker report from Deloitte.
The president of the Spanish clothing company spoke before shareholders this morning, where he addressed the company’s evolution during the 2016 period and cited “sustainable growth” as essential to its survival.
The 4th largest U.S. bank does a lucrative business with store-branded credit cards. But with more stores in jeopardy, analysts say Citigroup will suffer from the growing problems in brick-and-mortar retail.
The company plans to hire 100 more employees, or ‘gurus’ as it calls its Irish support staff, over the next 12 months. All jobs will be available on a remote basis and add to its 150- strong workforce.
Tens of thousands of workers in India's $40 billion-a-year textile and garment industry hub are seeking millions of dollars in compensation following a landmark ruling that declared they had long been grossly underpaid.