UK high streets basked in the warmth of consumer popularity last week, latest figures from Springboard show. Indeed good weather, a bank holiday and school breaks saw footfall across all retail destinations rise 11.6%.
A gruelling year for physical retail comes into stark focus with news that up to 70 of 700 UK shopping centres could be set for demolition. Even more ageing centres are in line for redevelopment, a report shows.
UK womenswear brand ME+EM has opened a Harrods concession in the fourth floor Fashion Lab area. The space measures almost 400 sq ft and includes both ready-to-wear and accessories, with new drops being added monthly.
The U.S., Britain and other large, rich nations reached a landmark deal on Saturday to squeeze more money out of multinational companies and reduce their incentive to shift profits to low-tax offshore havens.
Salvatore Ferragamo is in negotiations with fragrance group Interparfums, which produces perfumes for brands including Coach and Jimmy Choo, about a licensing deal for the development of its own fragrances.
After successful runs in Paris, London and Shanghai, the Christian Dior: Designer of Dreams exhibition touches down in New York this September, bringing over 200 haute couture garments to the Brooklyn Museum.
Stefano Della Valle, COO of CGE, has been appointed CEO of the Central Group’s subsidiary that runs its European department stores (Rinascente, The Kadewe Group, Magazine Zum Globus and Illum) and its property portfolio.
John Lobb has unveiled a new store concept in Paris that feels as much an art gallery or gentleman’s club as a traditional shoe shop; part of a global expansion that includes openings in California and the Middle East.