Giorgio Armani has decided to temporarily close down its luxury hotel, restaurants and all its boutiques in Milan, the company announced Tuesday evening, in reaction to the rapid spread of coronavirus in Italy.
Emmanuel Macron fêted fashion creativity with a gilded dinner inside the Élysée Palace on Monday night, praising the imaginative foreign elements in the industry, but picking out Jean-Paul Gaultier for special praise.
Department store Jenners could be under threat in Edinburgh with the owner of the building it occupies, Bestseller's boss, planning to convert the space into a part-retail location with a hotel, bar and restaurant.
British retailer Arcadia Group will name the former head of De Vere hotel and leisure group Andrew Coppel as the chairman, Sky News reported on Wednesday. He will replace Jamie Drummond Smith on Thursday.
The owner of the Ikea furniture brand expects sales to grow this fiscal year as online trade expands, but profits will be tempered by increased investment as the brand battles web specialists like Amazon and Made.
Fashion and beauty e-commerce business The Hut Group has dived deeper into the hospitality sector by acquiring the Eclectic Hotel Group, which comprises two prestigious luxury boutique hotels in Manchester.