The share of online retail orders from UK retailers going to EU destinations increased to 62.7% of all cross-border delivery volumes in July, fuelled by the drop in the value of sterling and summer discounts.
Called Glowhaus, the department store’s new beauty concept will target millennial customers with a selection of brands that have cult followings online. Bloomingdale’s will launch the boutiques at four of its stores.
On Saturday, the online store made its first foray into the brick-and-mortar sphere with the opening of a pop-up in San Francisco. The California-based brand has developed a significant online following since its launch.
The American indoor cycling franchise is plotting to expand its international reach as it eyes an entry into the UK market. The company is understood to be on the hunt for at least 50 locations, mostly outside London.
Retailers in the UK, US, Germany and South Korea are under the most intense pressure to transform their business model due to industry disruptors like growing online shopping spend and fierce price wars.
How important are multiple payment options to UK shoppers. Very, it seems, especially if that means they’re not dependent on cash, according to new research that shows consumers avoiding stores that only take cash.
Last week it announced lower sales and profit. And this week? Ingvar Larsson, CEO of Lindex is leaving with Elisabeth Peregi, currently the Country Manager of Lindex Sweden, named as interim CEO with immediate effect.