Bonmarché went into administration as the week ended, with tougher-than-ever trading conditions making a turnaround unlikely. Nearly 2,900 jobs are at risk but its 318 stores will stay open while a buyer is sought.
Crystal specialist Swarovski has chosen Milan and Italy as the first venue of its new Crystal Studio retail format, based on interactivity and digital tech, which will be replicated with various adaptations worldwide.
British shoppers grew more cautious about their spending in the three months to September despite rising wages, official figures showed on Thursday, raising concerns about the economy in the run-up to Brexit.
UK high street and travel retail newsagent WH Smith has delivered a surprise with news that it’s buying US travel retail specialist Marshall Retail for $400m/£312m, radically expanding its travel retail chain.
Carla Sozzani, noted retailer, gatekeeper to the Azzedine Alaïa archives and all-round fashion legend, has a new project. The Italian lady opened her own Fondazione Sozzani Monday night in an unexpected neighbourhood.
In its 200th year, the world’s oldest shopping destination is adding a raft of new brands with London’s luxury Burlington Arcade announcing the arrival of Christian Louboutin, Harrods, Mou London and Baudoin & Lange.
As consumers increasingly focus on diversity at the stores they patronise, e-tail giant Zalando has announced that it’s aiming for “balanced gender representation in its senior management with wider moves also coming.