A new Morgan Stanley study shows Amazon as a threat to both department stores and specialty retailers, with Amazon's new use of Nike and Lululemon's suppliers for its own private label sportswear a particular concern.
The collapse of Sears Canada, leaving vacant stores across the country, could actually boost profits for many mall owners who will be able to replace the retailer with tenants who can afford higher rents.
High-end skincare specialist Flint + Flint is set to open its first ever standalone concept clinic at the shopping centre later this year. The boutique will offer a range of skincare products and treatments.
Debenhams is bringing a curated fashion and beauty offer to Australia with its first standalone stores there in a deal with Pepkor. It is opening smaller-format stores and offering plenty of exclusives.
Zalando is on a roll with the e-tail giant reporting a sales surge just a day after UK peer Asos did so. And it’s following Asos into beauty e-tail as it aims to tap into one of the key growth categories for e-sales.
The Detroit-based online marketplace launched over 3,000 Supreme products on its platform and has plans to later add Off-White, Kith and Bape. In addition, Rob Gonzales will lead the StockX streetwear team.
The iconic footwear brand will open its third store in France, setting up shop in the Quatre Temps building in La Défense, a business area outside Paris' city centre. Covering 90 square metres, it opens November 10.