Outlet centre giant McArthurGlen saw sales rising fast in the last year as tourists from outside of Europe and price-conscious locals bought into its offer while higher-end new brands signed up to its malls
With digital and interactive content becoming ever more important in the promotion of fashion brands and fashion weeks, The BFC has announced a multi-year partnership with global immersive content studio Digital Domain.
Farfetch is seeing fast-rising sales but its losses have widened as it continues to invest in growth and sacrifice profit ahead of an expected US IPO. That’s the main message from the accounts that were filed this week.
London lost its top spot on a list of key cities for luxury store openings this year. The new review by Savills saw Paris back in the lead this time, but London, New York and Tokyo are top of many brand wishlists.
It’s all change at LVMH, where another respected CEO in the extended group is set to leave a thriving fashion house. Simon Whitehouse, the energetic CEO of J.W. Anderson will quit the company at the end of the year.