He’s one of jewelry’s most influential creators; he’s founded and built De Grisogono into a 100 million-euros-plus brand; his creations adorn the world’s most beautiful women and Fawaz Gruosi throws a great party.
While some chains struggle in the Australian market, Inditex’s Zara is committed to the country and is seeing its operations growing but profit has fallen. The chain saw higher sales last year as it opened new stores.
Fast-growing UK fashion retailer Quiz has signed with e-tail giant Zalando. It is now available on the German site and will roll out to the UK and French sites shortly. This follows Quiz's 103% e-sales surge in March.
Zalando, Europe's biggest pure online fashion retailer, said on Wednesday it would open its new Nordic distribution hub in Brunna, near Stockholm, with the aim to speed up delivery across the Nordic region.
Dubai's Emaar Malls will buy a 51 percent stake in e-commerce fashion website Namshi from Germany's Rocket Internet for $151 million (£116.5 million) as competition for technology deals heats up in the Middle East.
Marks & Spencer made headlines Wednesday morning as profits went into freefall and fashion sales dipped. But a full-price sales rise and other upbeat news meant the turnaround is on track and the share price is rising.