Private equity giant Blackstone Group has called off the sale of its $2.8 billion (USD) Australian shopping mall portfolio, a source said, as the looming arrival of Amazon spooks buyers of bricks-and-mortar stores.
Asos has seriously disrupted UK fashion retail in recent years and now it’s hoping to do the same with beauty. The British fashion e-tailer is set to launch its very first own-brand beauty collection, Asos Make-Up.
British designer Stella McCartney has joined forces with luxury e-tailer Mytheresa to collaborate on a video series marking the launch of her mainline and her adidas by Stella McCartney AW17 collections on the site.
As Boden, the mass-premium brand beloved of the British middle classes, gets ready to open a high-profile high street store (on the King’s Road in London), the company has reported yet another strong year of trading.
UK retail sales were surprisingly strong last month, the BRC-KPMG sales monitor showed, as online and back-to-school sales rose, while new-in product got shoppers spending. But the BRC's head warned of gloom to come.