A report has suggested Arcadia is looking to close around a third of its 500 leased UK stores, joining the wave of UK retailers trying to downsize their store estate as online shopping continues to soar.
Major London landlord Grosvenor will on Thursday officially open the North Mayfair Emporium on Duke Street, which it describes as “the first landlord-led concept store of fashion and lifestyle brands.”
Sainsbury’s opened a giant superstore near Birmingham on Wednesday but it was more than just a new branch opening with the concept featuring department store elements, as well as its regular supermarket offer.
The house of Dolce & Gabbana called off a giant Shanghai runway show on Wednesday after an internet furor over the brand’s alleged attacks on Chinese culture via videos of Asians eating Italian dishes with chopsticks.
UK clothing sales rose strongly online in October but an overall subdued environment meant growth is slowing and discounting is what's driving sales, according to the latest Capgemini IMRG e-Retail Sales Index.