The migration towards online shopping is set to present major challenges to the UK's under-pressure physical shops with visitor traffic to drop by 3.7% on Black Friday this year, according to Springboard.
The local council in Soho, London wants to halt the expansion of giant property projects that could swamp the area and make it less attractive for its millions of tourists and the small fashion stores that operate there.
London newspaper the Evening Standard has launched a new digital platform targeting high net worth individuals in the UK and North America and offering “quality lifestyle content" plus shoppable links.
NPD has surveyed its industry experts to get their insights for US Holiday 2018, revealing predictions of a brick-and-mortar comeback, a strong performance in fragrance and the continued dominance of athleisure.
Shares in Nordstrom Inc slumped 9 percent after the U.S. department store operator reported disappointing same-store sales and said it had been forced to refund some of its credit card customers after overcharging them.