German footwear company Birkenstock is ending its business relations with Amazon Europe and will discontinue direct deliveries provided by the platform’s European subsidiary from 1 January 2018, it announced on Monday.
UK shoppers are more bargain-focused than ever this Christmas and that’s bad news for fashion as many plan to cut back on clothing buys while almost as many will shop on Christmas Day to make the most of markdowns.
Springboard released its November footfall figures on Monday and they made less-than-encouraging reading as visitor traffic to stores rose marginally (by 0.2%) in a month when traffic should have picked up even more.
GGP Inc , one of the largest owners and operators of U.S. shopping centres, has rejected a $14.8 billion buyout offer from its biggest shareholder, Brookfield Property Partners LP , sources said on Sunday.
The sports retailer plans to the install the electronic article surveillance (EAS) tag in over 200 stores in Europe after its soft launch reduced theft by up to 75 per cent in stores in the UK and France.
UK consumer spending has declined for the third month running, Visa said Monday, which wasn’t a surprise. But there was worse as it said 2017 is on track for “the worst consumer spending performance in five years.”
St Pancras International has launched an online smart tool providing tailored gift ideas from the retailers that have a presence at the station, as new research reveals that 41 million gifts go unwanted each year.
Cole Haan is continuing its international expansion with its Southeast Asian partner Star360 unveiling a new flagship for the label at Central World, the largest lifestyle shopping destination in Bangkok.
Miss Sixty is targeting major European expansion as it repositions itself as a premium label under its Chinese owners. And that includes a store on Regent Street, an increasingly popular destination for premium labels.
Friday gave further confirmation that Black Friday didn’t do enough to balance out the weakness in UK stores for most of November with BDO’s monthly sales tracker showing sales fell 1.3% and fashion suffered the most.