Asos has a higher market capitalisation than M&S for the first time with the historic moment for UK retail showing the online pureplay upstart finally outstripping one of Britain’s long-term leading retail names.
UK sustainable luxury brand Bottletop has opened on Regent Street as the street continues its rise as a destination for debut/flagship stores. And the new store is a blend of art, technology and ultra-sustainability.
Amazon is reporting that Cyber Monday this year was the the single biggest shopping day in the company's history, with 30% growth over last year. Small businesses alone sold nearly 140 million items globally that day.
Perfume house Bond No. 9 is opening an ultra-luxurious, by-appointment-only boutique at Harrods’ Salon de Parfums. The store will offer a range of bespoke services such as fragrance tastings and happy hours.
Selfridges had unveiled the second phase of its giant accessories hall makeover saying it takes it “one step closer to opening the largest luxury accessories hall in the world”. It has also added a quirky Corner Shop.
Mobile orders surged across Yoox Net-A-Porter’s sites for Cyber Weekend with the firm saying they accounted for two-thirds of sales on Sunday. And total orders peaked at more one per second on Black Friday.