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Axel Arigato opens New York flagship store, marking its US debut
Celebrating its 10th anniversary, the Swedish footwear brand Axel Arigato opened its first US store in New York, bringing Scandinavian minimalism and signature designs to the SoHo neighbourhood
Global luxury downturn hurts Manolo Blahnik
The UK-based footwear and accessories label has reported that its 2023 sales and profits have been hit by the global downturn in luxury fashion spending, amid a challenging macroeconomic context
Ted Baker to close all its UK stores
Ted Baker is planning to close all its UK stores within weeks, according to multiple reports. Hundreds of staff at the fashion retailer have reportedly been told they will lose their jobs
Hoff looks to expand in India
The Spanish sneaker brand has teamed up with the e-commerce giant Myntra to enter the Indian market. This move is part of the company’s international growth strategy
JD.com partners up with Inditex
The Chinese e-commerce retailer has partnered with the fashion retailer to launch a Massimo Dutti flagship store on its marketplace, as part of Inditex’s efforts to meet the needs of China’s digital consumer base
UK retail sales flat in March
The first quarter was a disappointing one for retailers. The latest figures from the Office for National Statistics (ONS) show that both the value and volume of sales in March were unchanged on the previous month
Ted Baker UK to close 15 stores and cut nearly 250 jobs
Ted Baker is to close 15 of its stores across the UK within weeks and make 245 store and head office jobs redundant. The brand’s UK and Europe arm went into administration last month
Ecco opens first flagship store in NY
The Danish footwear company continues to transform its business in the US, taking another step forward with the opening of its first store in Manhattan at the end of 2023
Mango foresees to achieve record sales in 2023
Amid an expansion of its retail footprint, the Spanish-based fashion retailer foresees ending the fiscal year with sales of more than 3 billion euros, which would represent a double-digit growth over 2022
UK retail sales fell more than expected in September
According to the Office for National Statistics (ONS), UK retail sales saw a bigger-than-expected decline in September, due to unusually warm weather and the pressures of rising living costs
Atmos exits North America
The Tokyo-based sneaker retailer, owned by Foot Locker, is closing its three North American stores and the US website to focus on Japan and other Asian markets
Reno completes partial restructuring
The footwear retailer has finalised a partial restructuring, keeping more than 20 stores. Meanwhile, the media reported that dozens of new creditors have registered their claims in the insolvency proceedings
Kurt Geiger joins London's Oxford Street
The UK-based footwear and accessories retailer has opened a flagship concept store on Oxford Street, one of the most iconic shopping streets in London
Nordstrom announces leadership appointments
The Seattle-based department store chain has announced some executive changes in the company's merchandising and store divisions-
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