Nike has opened another high-tech flagship, this time in Moscow, part of its effort to create a stronger customer experience through personalization and activity zones and link its digital and physical store platforms.
Tourists are heading back to Europe, and the recovery is showing up in everything from rising hotel bookings to tax-free shopping and air traffic, leading to a brighter earnings outlook for travel and leisure companies.
Hugo Boss said on Thursday that improving its online business will be a top priority this year as the struggling German fashion house hopes to avoid another decline in sales and cement a recovery in China.
Burberry shareholders had plenty to smile about Tuesday as the the share price rose strongly on the back of news that Albert Frère had acquired 3% stake in the UK luxury firm. They rose 6% at one point.