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Retail

End of tax-free shopping perk hits UK's luxury destination status

End of tax-free shopping perk hits UK's luxury destination status

​There were many warnings and they seem to be coming true. When the UK ended the tax-free shopping perk for tourists, it was feared international tourists would shun Britain. A new survey suggests they’re doing that.
Luxury
Retail
Gucci launches digital concept store Vault

Gucci launches digital concept store Vault

Kering's flagship brand unveiled its new "Vault" project at Milan Fashion Week on Saturday, revealing a dedicated e-commerce site offering vintage pieces and clothes from emerging designers. 
Fashion
Retail

Mango launches independent sustainable label Alter Made

Alter Made has been conceived as a sustainability lab to improve the way Mango works, and is committed to low inventory and proximity production. Led by Alejandra Mur, it forecasts a revenue of €25 million in 3 years.
Fashion
Retail

Lidl investigates after signature colour trainers are targeted by resellers

​Value-priced supermarket chain Lidl is to investigate why vast numbers of a quickly-sold-out line of £12.99 trainers ended up on re-sale websites at vastly inflated prices, angering some customers.
Fashion
Retail