International shopper spending growth is slowing in the UK and that's bad news for luxury fashion labels, although on the plus side, those shoppers who do visit Britain seem to be spending more per transaction.
The British Fashion Council has released the shortlist for this year’s Fashion Awards, with Gucci, Bottega Veneta and Loewe leading the way with four nominations each. Winners will be announced on 2 December.
Gamification is a word we hear more and more often in retail today and Burberry has unveiled its first online game as yet another way of reaching the young consumers that are increasingly important to the brand.
Burberry has opened its new flagship store in GUM in Moscow with the new boutique being in a prime position overlooking Red Square and being described by it as “the latest expression of the Burberry in-store experience”.
Private label is becoming increasingly important to high-end retail and Matchesfashion is putting a push behind its Raey brand. Its first pop-up outside of the UK has opened at Roll & Hill on Mercer Street in New York.
Selfridges has revealed its Christmas windows and full in-store displays, claiming to be the first department store globally to have done so. It has chosen the theme of Future Fantasy: A Christmas For Modern Times.
A leading analyst has said that Harrods really needs to connect with more shoppers in the UK and also to drive more online sales from its tourist fanbase if its wants to push GTV higher as rival Selfridges is doing.
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.