Wednesday was another day full of announcements from U.S. retailers looking to do their part to combat the spread of Covid-19 by implementing store closures. J.C. Penney, Skechers and J.Jill were among the latest batch.
The Manhattan Beach, California-based footwear group revealed on Wednesday that it has begun a new collaboration with the American tire company to bring custom high-performance outsoles to select shoe styles.
Set to launch in Spring 2020, the watch collection will be available at Invicta stores, via ShopHQ, the nationally distributed TV shopping network owned by iMedia Brands Inc., and through select retailers worldwide.
The New York-based company has announced the closure of “the majority” of its stores in China in response to the coronavirus outbreak and provided an update on the estimated impact of the epidemic on its finances.
As the outbreak continues in China, the American company has announced that it has closed 60% of its stores in the country, but is yet to provide a prediction of the impact the crisis will have on its financial results.
According to consulting firm Pambianco, the top fashion and luxury performers on the stock market last year were sportswear brands and French luxury groups. Italian luxury labels were flat, save for Moncler and Prada.
TK Maxx has taken a 37,500 sq ft unit at Queensgate shopping centre and is to open a new store in mid 2021, Lendlease and Invesco Real Estate, the global real estate investment manager, have announced.