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RetailFeatured

Klarna launches virtual shopping experience

Payment provider Klarna has announced the launch of a Virtual Shopping offering, allowing customers to browse and buy products through live chats and video calls. Utilising Klarna’s Store App, in-store experts will be able to connect with shoppers online, with the option to provide demonstrations on items and share photos of products with app...

11 hours ago

Retail

Selfridges hosts charity car boot sale with designer goods

Luxury department store Selfridges hosted a charity car boot sale over the weekend, in support of Women for Women International. Led by the nonprofit’s ambassador Alex Eagle, the #SheInspiresMe Car Boot Sale took place at the retailer’s Car Park, which is powered by its resale platform, Resellfridges. Shoppers visiting the sale were able to sift...

12 hours ago

Retail

Zara to charge customers a fee for returning goods bought online

Without fanfare or a major announcement, Zara last week began charging fees for online shoppers returning its clothes. The 1.95 pound cost will be waived if customers return items in its physical stores, but not if returned via a convenient third party drop-off point. The cost of returns has soared in recent years as online shoppers order...

May 12, 2022

Retail |In Pictures Featured

Bicester opens pop-up with BFC designed by Richard Quinn

Bicester Village has teamed up with the British Fashion Council (BFC) to open ‘The Creative Spot’ pop-up promoting innovative and sustainable British design featuring 18 designers. ‘The Creative Spot’ is a joint commitment from Bicester Village and the BFC to promote British talent, with designers including Christopher Kane, Eudon Choi, Mary...

May 12, 2022

Retail |Opinion Featured

With China in lockdown, sales of luxury falters

In the west we all remember the days where the outside world was shuttered and we were in a government-enforced lockdown, which experts said would curtail the spread of Covid-19. Working from home, the only outing for many was a trip to the supermarkets, where bare shelves due to supply chain issues had become the norm. The rest of the physical...

May 11, 2022

Retail |Opinion Featured

With China in lockdown, sales of luxury falters

In the west we all remember the days where the outside world was shuttered and we were in a government-enforced lockdown, which experts said would curtail the spread of Covid-19. Working from home, the only outing for many was a trip to the supermarkets, where bare shelves due to supply chain issues had become the norm. The rest of the physical...

May 11, 2022

Retail

Landlords in England ordered to rent out empty stores to 'rejuvenate' high streets

Landlords in England with empty stores for over a year will be ordered to rent out the premises to prospective tenants in a move by the government to “breathe new life into high streets”. The Levelling up and Regeneration Bill, which was unveiled in the Queen’s speech on Tuesday, gives local leaders more power to bring retail units back into use...

May 11, 2022

RetailFeatured

Ending Trump tariffs on footwear, Americans paid 3.4 billion dollars more for shoes in 2021

America’s retailers are hoping to turn back the Trump administration’s ruling additional tariffs on Chinese goods under Section 301 of the Trade Act, as prices continue to soar due to inflation. Earlier this year the Footwear Distributors & Retailers of America (FDRA) sent an open letter for the Biden government to lift the restrictive tariffs,...

May 9, 2022

Retail

London Designer Outlet enjoys strong Easter footfall

Footfall at London Designer Outlet (LDO) increased by more than a fifth over Easter compared to the same period in 2019, prior to the pandemic. The Wembley Park-based fashion and lifestyle destination experienced a 21.9 percent increase in footfall during the Easter weekend compared to 2019 levels. Meanwhile, sales during Easter were 3.8 percent...

May 9, 2022

Retail

Shaftesbury and Capco confirm “advanced discussions” for potential 3.5 billion pound merger

London real estate giants Shaftesbury and Capco have confirmed they are currently in “advanced discussions” for a potential all-share merger that would see the duo bring together an expansive combined retail portfolio. In a press release from Shaftesbury, the firm stated that the merger would result in a Real Estate Investment Trust focused on...

May 9, 2022

Retail

Gucci to accept cryptocurrency in its stores

Gucci is to accept cryptocurrency payments in its boutiques. The roll-out is set to begin with selected stores in the U.S. The Italian luxury house said will accept Bitcoin, Ethereum, dogecoin and Litecoin. The Kering-owned company joins brands including Off-White and Philipp Plein, who aim to service new communities and accept virtual...

May 7, 2022

Retail

Savage X Fenty announces further retail locations in US

Rihanna’s lingerie brand Savage X Fenty is continuing on the path of its retail expansion with the announcement that it will be opening six new stores throughout the US. The brick-and-mortar destinations will be located in Chicago, Long Island, Atlanta, Detroit, St. Louis and Newark. In a release, the company said: “The direct-to-consumer...

May 5, 2022