This has been Bottega Veneta’s year, while Alexander McQueen’s sneakers have enjoyed surging popularity, the former Meghan Markle has been the top influencer and sustainability has been the hottest topic.
Steinhoff International-owned Greenlit Brands has sold its general merchandise division to Allegro Funds, as the South African retailer grapples with the fallout of an accounting scandal worth about $7 billion.
The fashion subscription service and the retailer are expanding the number of Nordstrom locations allowing Rent the Runway (RTR) members to return items, following a pilot scheme launched earlier this year.
As retailers with giant store estates focus more and more on mega-sized stores that can offer their full line-up plus extras, Fast Retailing’s Uniqlo has said that it will unveil its biggest Japanese store next spring.
Retail billionaire Mike Ashley, the founder of Sports Direct, has demanded new rent deals are tied to sales across his store empire that now includes HoF and Jack Wills as well as Sports Direct and Flannels.
UK fashion retailers see Brexit as a huge challenge for their businesses in the year ahead and almost half of small and medium-sized firms (SMEs) feel unprepared for whatever the outcome of the Brexit process will be.
J.C. Penney Co on Friday reported a smaller-than-expected quarterly loss as it sold more diamond jewelry and denim clothing, showing efforts to revive sales and profits at the department store are taking hold.