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Retail

West End property still in demand as Reubens buy Armani store

West End property still in demand as Reubens buy Armani store

​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.
Luxury
Retail
Uniqlo February sales edge up, brand inks Japan tennis deal

Uniqlo February sales edge up, brand inks Japan tennis deal

​Fast Retailing’s Uniqlo chain had a slightly less impressive month in February than it has enjoyed of late with same-store sales up 0.4% year-on-year and total sales rising 1.3%.
Fashion
Retail

Bestseller's Vero Moda and Name It embrace live-stream shopping

​As more and more reports suggests that live-stream commerce will be key in this decade, Bestseller has embraced the trend and has just held live-stream events for two of its brands.
Fashion
Retail

Kering takes stake in Vestiaire Collective

​If anybody needed confirmation of how important fashion resale has become, it came on Monday with the announcement by France’s Vestiaire Collective of a new €178m financing round backed by Kering, among others.
Luxury
Retail