With the UK suffering an almost-unprecedented wave of fashion retail failures, the footwear sector appears to be particularly vulnerable and news has come that another small-to-medium-sized business has gone under.
India's new foreign investment restrictions for its e-commerce sector, which includes giants such as Amazon and Walmart's Flipkart, could reduce online sales by $46 billion by 2022, according to a draft PwC analysis.
As the Christmas shopping season moves into high gear, the latest PwC shopping prediction suggests that spending will hold up reasonably well but consumers will actually be laying out less this year on fashion.
U.S. holiday sales in 2018 will increase 4.3 percent to 4.8 percent boosted by a strong economy but will be slower than a year ago when consumer spending surged to a 12-year high, according to the NRF.
The weather gods were kind to Missoni last night, as the house and family celebrated the 65th anniversary of the brand with a memorable show staged on an elevated concourse looking out over Milan’s Fiera City.
Steinhoff’s board will meet over the next two days to discuss asset sales to boost cash flow and pay down debt, its chairwoman said on Wednesday, months after creditors of the South African retailer threw it a lifeline.
The bridalwear company, owned by BC Partners, has announced the appointment of four new senior executives to boost its international expansion. It follows the appointment of Amandine Ohayon as CEO in January.