Coinciding with the launch of its first store on Fifth Avenue, the brand has announced an expansion plan that aims to open 40 points-of-sale in the U.S., set to become one of its top five markets, by 2024.
Tech firm Nexite has announced a new funding injection. It takes its total funding up to $100m for its breakthrough Bluetooth tag and SaaS platform that boosts physical shopping and makes it more e-tail-like.
Failed businesses can yield rewards. Hedge funds that ran Debenhams look to have recovered most of their costs while the retailer’s administrators have clocked up £5.3 million in fees in the two years since bankruptcy.
Superdry CEO Julian Dunkerton talked of making progress when he delivered a full-year/Q4 update on Thursday. And while it clearly has some way to go before it's back to full health, it appears to be on the right track.
Newbie, the brand for children from Kappahl, has expanded into 10 new markets. The new e-tail markets are Austria, Belgium, Czechia, France, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, and Slovakia.
Bershka has opened a store at Liverpool One, marking the Inditex-owned fashion brand’s regional debut. Spanning 8,000 sq ft on South John Street, the space houses the brand’s three main lines, Bershka, BSK and Man.
UGC is becoming ever more important to the shopping journey and the latest international Shopper Experience Index report shows that “purchase influence has shifted from business-to-consumer, to consumer-to-consumer”.
Resale is hot news at present as companies raise funds, open stores and appoint execs. And the latest news is that Gymshark’s ex-chairman Paul Richardson has taken the same role at fashion resale start-up Haru.
Coinciding with its store opening on New York's Fifth Avenue on Thursday, May 11, Mango has co-created a collection of NFTs based on artworks by Spanish artists Joan Miró, Antoni Tàpies and Miquel Barceló.
The UK government’s intended clampdown on influencer advertising that targets young people looks to be intensifying. And MPs claim regulation has failed to keep pace with the growth of online influencer culture.