Celebrating its 50th anniversary, the label will kick off the festivities through a couture collaboration with jet-setters Bianca Brandolini and Eugenie Niarchos, to be unveiled on 25 January during Paris Fashion Week.
J.C. Penney Co Inc reported a decline in same-store sales for Nov. and Dec., the latest department store chain to reflect the malaise in the sector as shoppers increasingly eschew brick-and-mortar stores and shop online.
Further evidence of the structural shift taking place in UK retail came Thursday as department store Fenwick said it would close its lossmaking Leicester store and that it would make a late-to-the-party e-commerce debut.
Disappointing holiday-season sales at Macy's Inc and Kohl's Corp underscored the uphill task facing department stores to win back shoppers, who are increasingly turning to online retailers and spending less on apparel.
Irish retail sales volumes rose 4.3 percent year-on-year in November, data showed on Thursday, after another round of price cuts around "Black Friday" led to a jump in many sectors, including cosmetics.
Sears Holdings Corp said it would sell its Craftsman tools business to Stanley Black & Decker Inc for $900 million, sending its shares up and taking some focus away from the company's dismal holiday season performance.
Online shopping continues to gain ground in Europe with two-thirds of internet users e-buying in 2016, according to a survey from Eurostat. And fashion is a key product category, especially for young shoppers.
Calendar shifts may have sent sales at John Lewis in the pre-Christmas week up and sales in the post-Christmas week down but there was no disguising that overall, the chain was one of the winners from the holiday season.