Home Retail , Britain's No.1 household goods retailer, has purchased the Habitat home furnishings brand after the firm was placed into administration, seeking to address a slump in sales by diversifying its product offer.
European shoppers are cutting back on discretionary purchases like televisions and furniture as their incomes are squeezed, fuelling fears the region's faltering economic recovery could slide into reverse.
Brazil Monday kicked off its Sao Paulo Fashion Week -- the most important catwalk parades in South America -- amid concerns voiced by some designers that garment quality was lagging behind their world-class ambitions.
The trend-analysis and research B2B platform on style style and design, announces the opening of its Chinese Headquarters in Shanghai. The new office will offer editorial, marketing, sales and customer support, for WGSN's expanding subscriber base throughout China.
New York City may be perceived as the capital of the world, and to make it the true shopping mecca, one luxury executive wants the U.S. government to make it easier for foreign visitors to come and spend.