Alibaba has disclosed the first results of Luxury Pavilion, the luxury website within Tmall it launched last August, whose services are expanding via a newly hatched loyalty programme.
In the 2017 financial year, the menswear group recorded a revenue of €1.183 billion, with a net income of €32.8 million. Its net financial position grew from €233 million to €316 million.
Grupo Cortefiel has changed its corporate and visual identity to Tendam as part of a strategic plan launched almost 2 years ago.
The £3.4 billion acquisition of Intu by Hammerson might never happen, despite the French company that could have derailed the deal walking away from another bid for the larger of the two UK shopping centre giants.
The rumours have been swirling around her for some time and now she's confirmed what everybody expected. Natalie Massenet is launching a venture capital firm to invest in e-commerce with Glossier among its first deals.
JD Sports had another strong story to tell with its latest results on Tuesday as the company's sales and profits rose strongly and e-tail sales surged.
French supermarket retailer Casino posted a 3.1% rise in first-quarter sales on Tuesday that reflected stronger sales at its Geant Casino hypermarkets and a resilient performance in Brazil despite food inflation.
Primark faced the same headwinds as many of its fashion retail peers in the the past six months but weathered them better than those rivals for the most part, even if margins ended down slightly and comp sales did too.
Luxury down jacket maker Moncler said on Monday internet sales had come to account for just under 8 percent of total revenue and the group will invest further to boost e-commerce.
The co-CEO of the Chalhoub group, specialised in luxury retail in the Middle East, talked to FashionNetwork about luxury market trends in the Arab Gulf, and about the group’s future growth plans.
The designer outlet company has announced that Shaeren McKenzie, currently group marketing director, will be promoted to chief brand officer, a new role within the group.
Change continues at Louis Vuitton, as the house on Monday announced the appointment of the very well-travelled Francesca Amfitheatrof as its new Artistic Director Watches and Jewellery.
French electronics retailer Fnac Darty said it would roll out demonstration areas for Google products and services in all its stores, as it speeds up the integration of Google's voice assistant to fend off Amazon.
Charles Tyrwhitt may have seen its sales rising strongly last year but it also swung to a loss after an IT project had to be axed.
Arcadia boss Sir Philip Green has admitted that he made a big error in selling the BHS chain to Dominic Chappell, describing the move as the “worst mistake of my life”.