Swiss watchmakers are starting to see signs of slowing spending from Chinese tourists, but are still banking on demand shifting to mainland China to fuel growth this year, several high-end brands said on Monday.
Selfridges has released its biggest campaign yet dedicated to taking the arts out of galleries and museums often perceived as intimidating and putting them in unexpected and more accessible public places.
The Wisconsin-based department store operator reported an increase of 1.2% in comps for the 2018 holiday period, a significant deceleration when compared to the growth of 6.9% seen in the prior-year period.
There was a huge upset at Debenhams on Thursday as a major shareholder lost patience with its top two execs. The result is that its chairman stepped down after the AGM and the CEO has been voted off the board.
There’s rarely good news surrounding UK department store Debenhams these days, and its Christmas trading update on Thursday certainly didn't deliver much, although there were some crumbs of comfort in a bleak report.
Joules has been one of the big success stories of UK retail in recent years, so its Christmas trading update was closely watched on Tuesday. The company really delivered with an upturn compared to the first half.
The shopping surge everyone had hoped for in the final week of the pre-Christmas shopping season didn’t quite happen, but in the very last week of the month, massive discounts finally loosened consumer purse strings.