Farfetch is seeing fast-rising sales but its losses have widened as it continues to invest in growth and sacrifice profit ahead of an expected US IPO. That’s the main message from the accounts that were filed this week.
London lost its top spot on a list of key cities for luxury store openings this year. The new review by Savills saw Paris back in the lead this time, but London, New York and Tokyo are top of many brand wishlists.
Wal-Mart Stores said on Monday it will offer Hudson’s Bay Co-owned department store chain Lord & Taylor dedicated space on its website, as it looks to make deeper inroads into the fast-growing online fashion business.
Brookfield Property Partners LP , one of the world's largest commercial real estate companies, on Monday made an unsolicited bid to buy the 66 percent stake in mall owner GGP Inc it does not yet own for $14.8 billion.
Black Friday store visits will drop this year for the first time since it became a key shopping day in 2013, a new study says. But another forecast says spending over the Black Friday period will rise above inflation.
More gloomy news just at the time retailers would normally be looking forward to the year’s biggest shopping frenzy. Visa's survey showed UK shoppers cut back spending more than ever last month with fashion hit hardest.
October delivered “a black trading cloud ahead of the Christmas sales storm” in terms of footfall to stores in the UK, a new report said Monday with consumers cutting back on store visits across most of the country.
Amazon.com is “really close” to opening in Australia, its country manager said on Monday, as the U.S. e-commerce juggernaut prepares to shake up an already-fragile offline retail sector in the world’s No. 12 economy.
Prabal Gurung has moved into the CFDA Retail Lab at Cadillac House and will remain through the holiday season. The CFDA announced the 2018 class, which includes Dannijo, Rosetta Getty, Rachel Zoe and Title of Work.
The online multi-brand store will have a pop-up at Topshop for the second time. From November 19, the Portuguese shopping platform will be in store at the British brand's London Oxford Circus flagship for two weeks.