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'Premium yet affordable' multi-brand concept store to open on Duke Street

Posted by Staff on Nov 21, 2018 5:50:42 PM

1. Major London landlord Grosvenor is opening a new ‘premium yet affordable’ multi-brand concept store on its London Estate at 55 Duke Street, in North Mayfair on the 22 November. The concept store - just a stone’s throw from Oxford Street - will offer menswear and womenswear, as well as gifts and accessories by independent brands including Bailey Nelson, Roscomar, Sons of London, Winser London, and YOUPEOPLE.

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Macy's downsizes stores for its new growth strategy

Posted by Staff on Nov 15, 2018 5:46:32 PM

1. Macy’s announced earlier this week that despite its four consecutive quarters of sales growth in its current retail locations, it plans to cut down on square footage in a number of their stores. As the department store chain sees its consumers shifting more towards online shopping, it has come up with a strategy to better use its brick and mortar shops to complement online shopping offerings and meet consumer needs.

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Retailers are testing a new holiday-inspired ad product on Pinterest

Posted by Staff on Nov 14, 2018 5:17:58 PM

1. As Facebook struggles with an oversaturated ad platform, retailers are looking to Pinterest to drive sales on social media this holiday season. Lowe’s, Kohl’s and Macy’s this year are all working with Pinterest to create holiday shopping-inspired “snow globes”– ad products that let retailers build interactive catalogs on Pinterest’s platform.

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Richemont and Alibaba partner to launch retail platform in China

Posted by Staff on Oct 26, 2018 10:25:34 AM

1. Richemont and Alibaba Group have announced a global strategic partnership to bring the retail offerings of Yoox Net-A-Porter Group (YNAP), to Chinese consumers. Under the partnership, the companies will establish a joint venture to launch two mobile apps for YNAP’s Net-A-Porter and Mr Porter multi-brand in China, and their online stores on Alibaba’s Tmall Luxury Pavilion.

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Decline in popularity of once modern day department stores

Posted by Staff on Oct 25, 2018 4:57:53 PM

1. Debenhams: end of an era for another high street retailer? 

First came the collapse of BHS, followed by House of Fraser and now Debenhams. Even John Lewis is suffering from an all-time trading low. And then there is longtime suffering Marks and Spencer, planning to close over 100 stores by 2022. 

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Second hand fashion market set to generate 400 billion USD by 2022

Posted by Staff on Oct 24, 2018 5:06:59 PM

1. Second hand fashion set to become a bigger market than luxury by 2022

Buying second hand clothes is nothing new, but the sector has been growing considerably thanks to the Internet. The second hand market generated 360 billion US dollars worldwide in 2017, according to fashion resale service Thredup, with online sales of second hand items growing 35 percent against just 8 percent for brick and mortar stores. 

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Amazon Go is poised to set up shop in the UK

Posted by Staff on Oct 11, 2018 9:23:39 AM

1. Amazon is reportedly looking to acquire new locations to introduce its checkout less supermarket to Britain, says The Times. The retailer is looking for store sites with parameters ranging from 4,000 sq ft and 5,000 sq ft to fit in the size of the Amazon Go store.

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Universal Standard's New Size Range Is Unprecedented

Posted by Staff on Oct 10, 2018 5:27:45 PM

1. So often it feels like we give attention to brands that have yet to embrace a wider demographic of consumers, that the ones who do seemingly fly under the radar. Well, it's time to give Universal Standard the praise it rightfully deserves. The minimalist and modern label that helped J.Crew finally expand its size range introduced its latest launch, Foundation, on Monday, and it's being offered in sizes 00 to 4o — a variety unprecedented in the fashion industry

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Fenty Beauty named as one of Time’s Most Genius Companies

Posted by Staff on Oct 9, 2018 4:51:28 PM

1. In 2017, Time Magazine named Fenty Beauty the Best Invention of 2017. True. Just one year later, the title heralds Riri’s brainchild as one of 2018’s Most Genius Companies, alongside major players Bumble, Nike, and Spotify. Also true.

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Ikea and Virgil Abloh to Stage Pop-Up Shop During Paris Fashion Week

Posted by Staff on Sep 6, 2018 1:23:34 PM

1. Virgil Abloh is set to spark another Paris Fashion Week stampede once again, with a pop-up shop offering a selection of limited edition Ikea rugs by the designer set to hit the city’s Cité de la Mode et du Design on Sept. 29.

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