Payments innovator Clearpay has announced that, after completing its first year on the market, its purchasing service is now being used by over one million active UK shoppers. The Afterpay Limited Group-owned company additionally reported that customer purchasing frequency in the UK is outpacing that […]

Macy's is restructuring to make up for the sales impact of COVID-19. The company is eliminating approximately 3,900 corporate roles and reducing staff across stores, supply chain and customer support. At the same time, Macy's said that most of its remaining furloughed colleagues will return to work […]

Tiktok has announced the launch of Tiktok for Business, a new global brand and platform which will be home to all its current and future marketing solutions for brands. Features include ‘Top View’, which showcases brands’ ads immediately when users open TikTok, ‘Hashtag Challenge’, a format to engage […]

European brands could soon see their products increase in price as the U.S. contemplates increasing tariffs on imports from the UK, Spain, Germany and France. The move would net the U.S. 3.1 billion dollars on select imports, which would affect large luxury groups like LVMH but also smaller, independent […]

Hedi Slimane is to be awarded 618,000 euros in damages after a Paris court ruled Kering unlawfully used his YSL photographs without consent. The decision follows years of acrimonious legal disputes between the designer and parent company of YSL where Slimane was creative director from 2012 to 2016, […]

Casual footwear brand Crocs, Inc. announced the opening of its new corporate headquarters in Broomfield, Colorado on Wednesday. The 90,000 square foot facility, located 20 miles outside of Denver, is intended to “put employees’ needs front and center”, as well as allow Crocs to expand its hiring possibilities, […]

A recent study by boutique consulting firm Webster Pacific has revealed that luxury retail markets will be the most negatively impacted by coronavirus. COVID-19 has dramatically impacted tourism and, in particular, international tourism. Certain luxury retail markets are more dependent upon tourism […]

As shoppers are eager to get shopping again, but are still reluctant to set foot in stores, there is hope for e-commerce finally making up for the lost ground of brick-and-mortar. According to sales on eShopWorld's platform, apparel and footwear rose more than 120 percent in early June. In addition, […]

The OTB group, which includes Diesel, Margiela, Marni and Viktor and Rolf, has launched what it is calling a “hyper real” virtual sales showroom to sell its spring/summer 2021 collections after it accelerated its transition to digital options due to the coronavirus pandemic. In a statement, OTB said […]

Amazon UK has teamed up with small business support network Enterprise Nation to launch a free accelerator programme to support 200,000 startups and small businesses. The Amazon Small Business Accelerator is an online educational programme looking to help people set up an online business or build on […]

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