The chairman of a prominent, but unnamed, retailer has said that the coming Christmas season could be the worst in more than a decade, which means it could be the worst since the crisis of 2008 that saw low spending.
With Christmas coming up, retailers need serious funding to get through the period and Debenhams has landed a £50m deal with some of its current lenders on largely the same terms as the £200m it negotiated in the spring.
Boss has overhauled its Parisian flagship on the Champs-Elysées, adopting a new interiors concept. After over six months of renovation work, the German label now has a 1,226 m2 showcase mixing design and digital tech.
Menswear-focused multibrand platform Mr. Porter has announced an exclusive collection with Italian brand Stone Island. The ready-to-wear and outerwear items are made of innovative materials for daily wear.Mr.
John Lewis is seeking landlord discounts as it works to cut costs from the business in a tough retail environment and is reportedly prepared to withhold 20% of the service charge due to landlords in the current quarter.
French fashion influencer-turned-designer Jeanne Damas has launched two establishments in one, the first boutique for her womenswear brand Rouje and a restaurant, both on Rue Bachaumont in Paris’ 2nd arrondissement.
The brand general manager of Parfums Christian Dior is succeeding Laurent Boillot as head of Guerlain at the beginning of November. According to AFP, Boillot will take over at cognac brand Hennessy in 2020.
A new study from Quantum Metric has revealed that shoppers have high expectations for e-tailers on Black Friday, and are more than willing to take their money to a site’s competitors if their experience is too slow.