The retail market of Rotterdam is flourishing. Store vacancies in the Netherlands’ second-largest city have decreased from 9.3% to 6.3% in three years, according to research from Colliers International.
The funding will help the London-based start-up hire at least 50 more people this year and open offices in Hong Kong and New York. It comes after four years of strong growth, with sales doubling every year.
According to the results of a market research survey, Britain's top footwear shoppers are in fact men aged 16-24, an impressive 95 percent of them having bought a new pair of shoes last year.
Tax-free shopping specialist Global Blue is opening its first VIP Globe Shopper Lounge on Albemarle Street in Mayfair, underlining the importance of London's West End to the luxury industry and the tourist sector.
Hugo Boss has opened the first Hugo standalone store in the UK with a debut at Westfield London, which, since its recent £600m extension opened this spring, has taken over from Bluewater as Europe's biggest mall.
Selfridges has been busy this month upping its luxury credentials at its key department store in Birmingham, and also unveiling the last phase of its accessories project in its London store with a new eyewear space.
The fashion house's efforts to revamp stores as well as its high-end shoe brand Jimmy Choo paid off as the company topped Wall Street’s quarterly profit estimates on Wednesday and raised its full-year earnings forecast.
The CEO of Tod’s said on Friday results for the first half of the year confirmed the new strategy adopted by the Italian luxury group was appropriate and bearing first fruit.
Luxury fashion house Fendi has set up at Selfridges, unveiling a dedicated brand showcase in the department store's Corner Shop space, which will be open through the month of August.
Italian luxury goods house Prada on Wednesday reported a return to net profit growth, following four years of threadbare results, as its strategy of targeting younger fashionistas paid off.
