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10 Corso Como to close Shanghai store

10 Corso Como is packing its bags and leaving China, WWD reports. The Italian concept store is set to close its retail space in Shanghai at the end of May because its partner in the country, Trendy Group, no longer wants to renew the license of the 10 Corso Como brand and the lease of the five-story building where the store is located since...

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Retail |IN DEPTH Featured

Store, café or art gallery? The rise and rise of the concept store

These aren’t easy times for brick and mortar fashion retailers. As e-commerce grows and consumer behavior changes, the US has seen over 7,000 store closings in 2017. Investment bank Credit Suisse even predicts 25 percent of American shopping malls to close by 2022. The UK is no different, with an average of 16 high street stores closing every...

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