British mall operator Hammerson on Thursday projected higher annual earnings as more people visited its malls in since lockdown restrictions were eased and performance at its luxury outlets was better than expected.
Clarks has negotiated a deal to end an eight-week strike at its warehouse in Somerset. The UK footwear manufacturer/retailer has settled a dispute with around 100 workers over a controversial ‘fire and rehire’ plan.
New Look is deepening its commitment to transparency and following the launch of the New Look x Re-Fashion collaboration last month, it has linked with Evrythng and its Product Cloud that manages digital identities.
One thing Paris would not appear to need is another hotel. Yet LVMH launched two five-stars this fall. We met Bulgari CEO Jean-Christophe Babin to talk about the latest, Bulgari Hotel, and the race to be Paris' best inn.
We may be seeing something of a mini store opening boom at the moment, but huge numbers of stores belonging to failed businesses remain empty and that can be seen clearly from the large number of vacant Arcadia sites.
In a further sign of just how big the Gymshark brand has become in just a short period of time, news emerged on Wednesday that the label is to open its first flagship store in a prime spot on Regent Street next summer.
Luxury goods companies Hermes and Richemont won promotion on Wednesday to the blue-chip Euro STOXX 50 equity index, which could increase investment funds' demand for the stocks that have hit all-time highs.
The owner of the Tommy Hilfiger and Calvin Klein brands announced a year-over-year increase of 10% in its third-quarter revenue on Wednesday, with progress driven by the company’s wholesale operations.