Speculation that Shandong Ruyi was in talks to buy the UK’s Arcadia Group may have been denied by both parties but it has certainly focused attention on the Chinese firm’s global ambitions in the fashion sector.
According to a report from Coresight Research, the e-commerce giant’s apparel offering has skyrocketed in popularity, with footwear and casual clothing proving to be the platform’s most popular categories.
Luxury department store Harvey Nichols has seen rising conversion rates after putting an improved online merchandising strategy in place encouraging visitors to spend more time on its e-store and to explore it further.
New York-based label Mansur Gavriel has opened its first brick-and-mortar boutique on the West Coast on Melrose Place in West Hollywood. The new boutique offers the label's ready-to-wear, a cafe, and a florist on site.