Luxury puffer jacket maker Moncler is betting heavily on younger consumers and the Chinese market to help sales bounce back from the coronavirus crisis, its boss said, seeing scope for a recovery in late 2021.
Frasers Group is continuing to focus on physical retail space as it take over a key soon-to-be empty Debenhams store and opens a next-gen Sports Direct flagship that also integrates other brands into its giant space.
Genesco-owned UK footwear chain Schuh has boosted its funding after securing a £19 million financing facility from Lloyds. The funding was accessed via the UK's Coronavirus Large Business Interruption Loan Scheme.
The Cresskill, New Jersey-based luxury e-commerce platform announced on Tuesday that Frank Crisci, former VP of merchandising and chief merchant at Neiman Marcus Last Call, has joined its team as user experience advisor.