Covid has forced the Italian luxury industry to step up the pace of its transformation and search for investors, as shown by Zegna announcing a forthcoming stock market listing, and L Catterton’s acquisition of Etro.
Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods, according to companies, economists and shipping specialists.
Italian brand Dolce & Gabbana will present its latest couture collection in Venice from August 28 to 30. On the occasion, the brand will also unveil its first homeware line and unprecedented digital collection of NFTs.
In a surprise move, Ted Baker said on Friday that it’s moving to a new London HQ. It will resettle in Fitzrovia, with the new home costing much less than the existing head office it has operated from for 20+ years.
In a major boost to UK physical retail that has been devastated by widespread closures during the pandemic, we could expect 17,000 local high street stores to open in the next 12 months, according to new research.
In what looks to be a strong fit, retail giant JD Sports Fashion has made a multi-million-pound investment in UK performance wear/althleisure retailer Gym King, taking a “significant” minority stake in the firm.
New owner. Big plans. Acquisition-hungry The Ardent Companies has completed the takeover of Touchwood shopping centre in Solihull, West Midlands, from Lendlease Retail Partnership, for an undisclosed sum.
The Browns kidswear entry announced back in May has finally touched down, the retailer "catering to the cool kids, with the best in fashion alongside some exclusive capsules from brands entirely new to the category".
Already a big draw for sports/youth brands, London’s Carnaby neighbourhood has scored another couple of major wins for landlord Shaftesbury with debut UK stores for The National Basketball Association and Hype.
Burberry has officially unveiled its new-concept flagship on Sloane Street in London. It’s the first of its flagships to feature its new global design concept “that encapsulates the essence of the luxury house”.
Kurt Geiger-owned women’s footwear and accessories retail brand Carvela has opened a standalone store at the Landsec-operated Bluewater mall in Kent. It becomes Carvela's seventh UK store and first in the South East.
The changes that are happening in retail became very clear on Wednesday as major landlord Hammerson said that the former New Look store at the giant Brent Cross mall will be replaced by a medical facility.
The J.Crew Group-owned denim brand announced on Tuesday that it is expanding its existing partnership with secondhand specialist ThredUp through the launch of its own resale platform, Madewell Forever.