Galeria Karstadt Kaufhof director Miguel Müllenbach has planned numerous discount campaigns for when lockdown regulations ease. Germany’s last department store chain may require additional aid from the state.
Alarm bells are continuing to ring over the future of Britain’s retail industry. Despite a positive return for non-essential retail in England, Wales and Scotland so far, more store closures are due in the months ahead.
£2 million a year. That’s the target set by the BFC to maintain and grow its programmes to foster new talent. To that end, Tania Fares and Narmina Marandi have been appointed co-chairs of the BFC Foundation.
The owner of Lee and Wrangler announced on Tuesday that it has expanded its collaboration with industrial hemp producer Panda Biotech in order to accelerate the commercialization of U.S.-grown and processed hemp.
Gucci and Facebook have filed a joint lawsuit in California against an individual who allegedly used the U.S. group's social media platforms to sell fake Gucci products, the two companies said on Tuesday.
Growing consumer confidence before the return of non-essential retail earlier this month looks to have tempered. For upbeat, now read caution as consumer confidence increased just one point to -15 in April.