Nike Inc. announced on Tuesday that it has temporarily closed about half of Nike-owned stores in China due to the coronavirus outbreak. Further, the company said it is operating with reduced hours and experiencing lower than planned retail traffic in stores that do remain open. The company expects the […]

& Other Stories has announced an upcoming retail launch in Russia, set for fall of 2020. This will be the first time customers in the market will be able to shop the collections of the H&M Group-owned womenswear brand. The brand will open a brick and mortar store in Moscow as the first part of its new […]

German footwear brand Birkenstock is increasing its reach as part of its international expansion strategy and has started selling its famous sandals in India. To this effect, the brand opened its first mono-brand store at Terminal 3 of Indira Gandhi International Airports in Delhi on 27th January 2020 […]

China is projected to become one of the world’s largest consumer markets as consumption in the region continues to grow exponentially. According to a 2016 study conducted by McKinsey & Company, the majority of Chinese consumers are increasingly interested in buying premium quality products across categories, […]

Louis Vuitton has chosen Toronto's Yorkdale Shopping Center as the site for their next flagship boutique. The new Yorkdale Louis Vuitton store will span over 8000 square feet on one level and will house the brand's accessories, jewelry, footwear, and ready-to-wear collections for men and women. Yorkdale […]

H&M Group has announced it is opening its first & Other Stories store in Russia in the autumn. The store will be at the Metropolis shopping centre in Moscow and will stock the brand’s collections of ready-to-wear, shoes, bags, beauty products, jewellery and accessories. “We’re very excited to make our […]

Alternative payment solutions are on the rise, giving consumers more purchasing power by allowing them to buy-now-pay-later. As new providers of payment solutions pop up, retailers are given more opportunities to offer their shoppers pay-later schemes. Global payment technology solution company SplitIt […]

Gap Inc. has closed another 40 stores across the globe. The stores located throughout the United States, United Kingdom, and Canada all closed on Sunday. This is all part of Gap's plan to close 235 stores globally over the next two years. The closings are part of Gap's larger global restructuring plan, […]

Saks Fifth Avenue will close its Brookfield Place menswear location on January 31. The retailer said that it will keep the 16,000-square-foot space and use it for a new concept. The retailer had kept this men's store open for a full year after shuttering the 86,000-square-foot womenswear store it operated […]

Chinese New Year is a major event on the retail calendar for fashion brands, much like Christmas in the West. This year’s unfortunate break-out of the coronavirus will have an enormous impact on Chinese spending abroad and back home. Early predictions of overseas holiday spending to increase 13 percent […]

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