Stockmann is forging ahead with its transformation plans and while the signature department store chain is loss-making and the market is tough, the firm is upbeat on its prospects and of those of the more buoyant Lindex.
Europe-focused online fashion retail giant Zalando has strengthened its leadership team, appointed three senior vice-presidents, including two internal promotions and one crucial newly-established role.
Valentine’s Day is set to be worth just over £1 billion in revenue this year in Britain, a minimal 0.6% rise on last year and actually a fall if inflation is taken into account, GlobalData said on Wednesday.
The week has started with some good news for the under-pressure malls sector with the latest UK footfall report from Springboard being headlined 'The start on the road to recovery for shopping centres'.
The New York-based beauty subscription service has confirmed to FashionNetwork.com that it plans to eliminate 25% of its worldwide employees as it seeks to streamline and consolidate its global operations.