UK high street and travel retail newsagent WH Smith has delivered a surprise with news that it’s buying US travel retail specialist Marshall Retail for $400m/£312m, radically expanding its travel retail chain.
As it pushes forward with its global growth plan, the Michigan-based outdoor apparel company announced on Wednesday that it has appointed Levi’s vet Angelo Ng to the newly created role of chief merchant officer.
Carla Sozzani, noted retailer, gatekeeper to the Azzedine Alaïa archives and all-round fashion legend, has a new project. The Italian lady opened her own Fondazione Sozzani Monday night in an unexpected neighbourhood.
In its 200th year, the world’s oldest shopping destination is adding a raft of new brands with London’s luxury Burlington Arcade announcing the arrival of Christian Louboutin, Harrods, Mou London and Baudoin & Lange.
As exclusive collaborations become more important to luxury e-tailers in a world where consumers can access product from anywhere, Net-A-Porter and Jimmy Choo have worked on an exclusive collaboration for the first time.
The new three-level, 140,000 square-foot location plays host to a new service concept, a new beauty and wellness experience, and a wide offering of clothing, shoes and accessories for men, women and children.
Up-for-sale Australian brand RM Williams’ earnings are forecast to more than triple by 2024 said investment bank Goldman Sachs in a pitch sent out to attract interest from potential trade and private equity buyers.