
Marks & Spencer boss Steve Rowe has urged the government to use a proposed increase in corporation tax to overhaul business rates and rescue the battered UK high street.
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Marks & Spencer boss Steve Rowe has urged the government to use a proposed increase in corporation tax to overhaul business rates and rescue the battered UK high street.
Like most luxury houses, Valentino was strongly affected by the pandemic last year. Accordingly, the Italian Maison saw its revenues fall from 1.22 billion euros in 2019 to 882 million euros in 2020.
Chanel has opened a new temporary watch and jewelry boutique on rue de la Paix, the nerve center of high-end jewelry in Paris, as its nearby flagship at 18 Place Vendôme undergoes renovation.
Despite growing calls for urgent action on high street business rates, the UK government is expected to delay any decision until the autumn, according to reports.
VF Corp. is launching a series of initiatives to advance racial equity across its business and through to its community.
Milton Keynes can breath a sigh of relief. Any doubts that Harrods may pull out of plans to open a beauty store in the Buckinghamshire town, or further delay its arrival due to the Covid pandemic, are unfounded.
Health protection measures are once again preventing Paris’s trade shows from being held regularly. WSN’s joint event scheduled in early March has been cancelled, and only a reduced Première Classe show will be staged.
Recent company failures, brand sales, strategic decisions around stores and footfall declines mean that London’s Oxford Street has a bleak future in the short term.
M&S has made two major appointments as Fiona Lambert joins to “lead the repositioning of Jaeger as an independent brand within M&S” and Anna Braithwaite works “to drive changing customer perceptions" of the M&S brand.
The Milanese label’s looks for next winter are sparkling with jewellery, a collection streamed live on the D&G and Farfetch sites on Monday evening, with viewers able to pre-order items on the British luxury e-store.