The owner of Dubai’s biggest shopping centre -- the Dubai Mall, said net profit for the first three months of 2017 reached Dh539 million (US$146.75 million), an increase of 2% on last year, impeded by flat rents.
Net-a-Porter’s drive up market continues. The mega luxury e-tailer has inked a deal with Cartier to open a one-month-long pop-up store whose star attraction will be a series of remodeled Panthères de Cartier – the jew...
The Yooxygen Award, which is named after Yoox's sustainability program, will be awarded to a BFA Fashion Design graduate. The recipient will also partake in an internship at the Yoox headquarters in Milan.
The exchange of executives between luxury’s biggest online names continues with news that Paul Brennan is the new chief operating officer of Browns, the London luxury retailer that is now part of the Farfetch group.
Luxury fashion house Valentino has joined forces with e-commerce giant Yoox Net-A-Porter (YNAP) to launch a new omnichannel business model which will allow customers unprecedented, global access to its product offering.
Alessandra Rossi has been named President, Off-Season at YNAP. She returns to the firm to run the giant Yoox and Outnet units. Meanwhile, the company also announced a new focus on expansion in the Asia Pacific region.
Dubai's Emaar Malls, operator of the Middle East's most glitzy shopping malls, has made an $800 million offer for Middle Eastern online retailer Souq.com, potentially setting up a bidding war with Amazon.com Inc.
Bebe will reportedly close its brick-and-mortar locations to be an online brand. The women's retailer said in February that it would close 25 stores, the latest U.S. brand to buckle under the shift toward e-commerce.