Just a week after under-pressure womenswear giant Gerry Weber reported falling sales but said its turnaround was on track, it has parted with one of its top execs its share price has fallen as a result.
With menswear week in full swing, the French Federation of Fashion and of RTW Couturiers and Fashion Designers has published its definitive schedule for the next round of haute couture shows in Paris, July 2-6, 2017.
The Dolphin shopping centre in Poole, the largest covered mall in Dorset, will benefit from a £26 million upgrade spend after its owner and the local authority agreed a deal that will also see new retail stores added.
The UK election may have ended with no single party having control and the ruling Conservatives cancelling some plans, but the policies unveiled in the Queen’s speech have been hailed as good for retail by the BRC.
Store numbers on London’s premier shopping thoroughfare Oxford Street have dropped to 228 from 285 since 1993 as global brand demand for giant flagships has seen several smaller units consolidated into larger stores.
Belgian prosecutors said on Thursday they have closed an investigation into a 2.9 billion euro (2.5 billion pounds) capital increase in a Belgian company owned by billionaire and chief executive of LVMH Bernard Arnault.