High-end e-tail giant Yoox Net-A-Porter has named Nisreen Shocair as its CEO, Middle East. She joins with “extensive global retail and e-commerce expertise, holding senior positions in the UAE and New York”.
Orders for Paul Smith's collections are growing season by season with the high-end business seeming to have recovered from its troubles of the last decade, its latest results showed. And the firm is upbeat for SS20.
The label staged a show that was as theatrical as we’ve come to expect from it on the first day of London Fashion Week Men’s on Saturday with a dual-gender celebration of eco principles, colour and, of course, Scotland.
Luxury consumers are embracing the concept of resale and only a tiny 16% feel there’s a stigma in wearing pre-owned items. That’s according to a study conducted among 400 affluent consumers in the UK, US and France.
The deal makes provision for the maintenance of all 60 of Masoni's employees, as well as for the possibility of new hires. The company's founder will continue as its leader, as delegated administrator and chairman.
The boss of Harrods said the retailer is “well placed to take advantage of” the younger shopper who wants “to have really great quality beauty” and is upbeat about the chances for the firm’s new beauty chain.
Sales to global shoppers are continuing to grow in London but while its status as the key destination is undiminished, it has lost share to Birmingham and Manchester this year, says tax-free payments specialist Planet.
The Italian luxury footwear label has relocated its New York store to 625 Madison Avenue, adopting the new interiors concept developed by Patricia Urquiola and first deployed at its Milan flagship in September.