For investors in Australia's Westfield, its $16 billion (£12 bn) sale to European property giant Unibail-Rodamco may mark a turning point for an industry under pressure to reinvent itself amid fierce online competition.
Europe's top online-only fashion retailer Zalando is stepping up its fast-growing brand partnerships programme, building on ties with the likes of Nike and Superdry to repel the challenge of U.S. interloper Amazon.
John Lewis Partnership has unveiled two major new appointments with the creation of one new role, that of strategy director, at the firm that includes both the John Lewis department stores and Waitrose supermarkets.
Retail giant Inditex isn’t immune to fashion’s negative trends, but the company is certainly doing better than many, saying Wednesday that net sales in the first nine months of the year were up 10% and profit was up 6%.
River island has launched gender-neutral kidswear with the tagline “Kids just want to be kids” as more brands seek to appeal to parents who disagree with strict gender lines in the clothes they buy for their families.
Lingerie retailer Hunkemöller has launched special delivery services for the holiday season. Customers in Amsterdam and Antwerp will be able to use the services, which are available both for online and in-store shoppers.
London-based luxury jeweller Jessica McCormack has launched a new website with the launch marking the brand’s retail debut online and translating its very personal physical store service to the online sphere.
We may be deep into the Christmas shopping season but John Lewis is struggling to generate notable sales growth with its latest weekly results showing an overall sales rise of just 0.1% to £151.9 million.
Europe’s biggest property group has agreed to buy shopping mall owner Westfield for $16 billion, marking the biggest takeover of an Australian company and a shift in global retail property to counter online shopping.