Online retailers are not immune to the devastation that is happening in UK retail at the moment and a new study said that more than 9,000 online retailers are suffering from significant financial distress.
Marco Probst, who led the Belgian luxury leather goods brand from 2012 to 2018, is back in charge, succeeding Jean-Marc Loubier, who continues as president of First Heritage Brands, the group that controls Delvaux.
Sales to global shoppers are continuing to grow in London but while its status as the key destination is undiminished, it has lost share to Birmingham and Manchester this year, says tax-free payments specialist Planet.
Following the company's liquidation, the Sonia Rykiel brand was put up for auction. FashionNetwork has learnt that it is brothers Eric and Michael Dayan, two of Showroomprivé's founders, that have purchased the label.
Having previously claimed that they did not want Dolce & Gabbana to continue operating after their departure, Domenico Dolce and Stefano Gabbana have now announced that they would like the Dolce family to take over.
Kering has named another CEO for Brioni; the fourth boss of the famed, yet troubled, Italian tailor in just five years. Though noted for exceptional quality Brioni has fired as many designers as CEOs in the same period.
Ruffles, puffed sleeves, and one-shoulder dresses all add up to a party shopping season that's being heavily influenced by the late 1980s, according to online shopping portal Stylight’s latest trends report.
A new report from eBay suggests retailers should be ready to pounce on shoppers focused purely on themselves (rather than on buying gifts as they have been in recent weeks) on Christmas Day and the week after Christmas.