Prime real estate will always be in demand, but at what price? Fears the pandemic might have a lasting effect on physical retail and the prices businesses are willing to pay for property look to be overstated, for now.
French Connection said on Tuesday it was mulling a sale and sought potential suitors as Spotlight Brands and Gordon Brothers backed out from making an offer to buy the struggling British fashion retailer.
A manager at Amazon sued the online retailer for discrimination on Monday, saying it hires Black people for lower positions and promotes them more slowly than white workers, and that she was subjected to harassment.
Inditex staff in Spain say they are being forced out as the owner of fast-fashion brand Zara rolls out its plan to shut up to 1,200 stores worldwide, despite a company agreement with Spanish unions to project jobs.
Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators.
Boohoo defended its supplier practices again on Tuesday after a report said the online fashion retailer faced the possibility of a U.S. import ban due to allegations over the use of slave labour in supplier factories.
On Sunday, Dsquared2, Fila and Emilio Pucci injected a dose of cheerful energy into Milan Fashion Week with their riotous presentations, showcasing sophisticated collections liberally sprinkled with sporty notes.