The struggling Sailmakers shopping centre in Ipswich has been bought by UK developer ALB Group for an undisclosed sum. And the new owner said it plans to develop the 133,000 sq ft mall and to take a “fresh approach”.
Two weekly footfall reports on Monday showed that visitor traffic to retail destinations continues to climb, but that the goal of reaching and even exceeding the same level as 2019 remains elusive.
Total sales by China's e-commerce giant JD.com rose 10.3% over the 18 days to Sunday during the first major shopping festival since a recent Covid-19 outbreak, the company said.
Three weeks ago, Amazon Style opened its first brick-and-mortar clothing store. FashionNetwork.com went to test the store and reveals all the details of a new concept that is expected to spread to other cities.
Facebook-owner Meta Platforms is launching a digital clothing store where users can purchase designer outfits for their avatars, Chief Executive Mark Zuckerberg said on Friday.
Selective perfumery retailer Sephora, owned by the LVMH group, has launched ‘China Accelerate’, an incubator programme to support the development of Chinese premium beauty brands.
As global tourism flows resume after two years marked by the pandemic, the US cosmetics group has opened a new 28,000 m2 distribution centre in Switzerland.
Abercrombie & Fitch Co subsidiary Gilly Hicks is the latest fashion retailer to open on Carnaby Street, one of London’s busiest shopping destinations. The opening is part of the brand’s EMEA expansion plan.
After a six-year absence, Venetian apparel group Slowear returns to Pitti Uomo with the Incotex Blue Division collection's second season, while preparing to open its second store in New York at the end of June.
London’s commercial property industry has hit back at a claim landlords are turning a “blind eye” to candy stores along Oxford Street. The claim comes after Westminster City Council launched a probe into 30 stores.
Prime London retail destination Regent Street faces a rise in empty stores, damaged by the post-pandemic work-from-home trend, according to the Crown Estate, as footfall levels in central London remain low.
Central London property giants Shaftesbury and Capco said on Thursday that they’re going ahead with their merger plans after months of talks.
U.S. retail sales unexpectedly fell in May as motor vehicle purchases declined amid rampant shortages, and record high gasoline prices pulled spending away from other goods.
Project New York is set to launch a unique retail concept store in conjunction with the upcoming edition of Project, a trade show pioneered by Informa Markets Fashion.
Supernaturae, a nature-based artistry and design brand, has become the latest business to occupy 12 Piccadilly Arcade, Westminster Council’s programme to give start-ups a brief showcase under its 12/12 pop-up scheme.
