Champs-Élysées Undergoes Wide-ranging Makeover
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Brunello Cucinelli Launches Website Innovated Through AI
Called Solomei AI, Cucinelli said it "combines human creativity with the potential of technology."
Back-to-school Sales Trends Led by Personalization, Sustainability and Denim
Aside from operational strategies, fashion trends are also evolving this b-t-s season.
Richemont First-quarter Sales Tarnished by Lackluster Chinese Demand, Tough Comparatives
The Asia Pacific region saw sales decline 19 percent at actual rates, and 18 percent at constant exchange…
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AI has landed in the jewelry realm, with Samsung's debut smart ring.
Trump Tower-Area Stores Under Increased Security After Assassination Attempt
Customers looking to browse at Gucci or Tiffany on Fifth Avenue had to be vetted by uniformed officers.
Burberry Shakeup: Joshua Schulman Replaces Jonathan Akeroyd at Burberry Helm as Retail Sales Plummet 22% in Q1
Burberry is taking drastic action amid a slowdown in sales in the first quarter, and the risk of an operating…
Expansion-minded Mango Posts 6.3% First-half Revenue Gain
The Barcelona-based global fashion retailer appears on pace to reach its goal of 4 billion euros in annual…
Kering Promotes Ewa Abrams to President of Americas Division
The lawyer joined the French luxury group in 2018 from Tiffany & Co.
English High Court Cancels 2021 Sale of SMCP Shares
According to the ruling, the 16 percent stake sold to a company in the British Virgin Islands for 1 euro must…
Macy’s Ends Takeover Talks With Arkhouse, Brigade
The retailer said the bid from Arkhouse and Brigade and accompanying financing were insufficient, and instead…
China’s GDP Grows 4.7% in Q2, Retail Sales Inch Up
The data release comes just ahead of The Third Plenum, a major meeting held in Beijing that is expected to…
Boyner Group Taps Beymen Executives for New Retail Concept
Polat Uyal, merchandising group president at Beymen, is CEO of the new entity "focused on a new concept of…
Holiday Shopping Heats Up Early, According to Bazaarvoice Report
The consumer behavior report also reveals international differences in shopper habits.
Hapag-Lloyd Raises Profit Outlook Again Amid Ascending Freight Rates
The ongoing Houthi attacks on container ships in the Red Sea keep pushing cargo prices upward, but…
Swatch Group H1 Profits Fall 70%, Dragged Down by China Slowdown
Despite the Swiss group's confidence that the second half would improve strongly, markets remained skeptical.