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Retail

Amazon ‘Luxury Stores’ launching with Oscar de la Renta

Online giant Amazon is continuing its push into fashion with the launch of its new high-end shopping experience, ‘Luxury Stores’. The new luxury proposition is launching with an invitation-only app for US Prime customers only and promises to offer both established and emerging luxury fashion and beauty brands. The first designer to sign up to...

4 hours ago

Retail

Klarna is ranked the highest private fintech in Europe

Klarna has been valued at 10.65 billion dollars in its latest equity finding, after raising 650 million dollars in its financing round. The payment and shopping service is now the highest-valued private fintech in Europe, and the fourth highest fintech worldwide. The round was led by Silver Lake Partners, alongside BlackRock, HMI Capital and...

5 hours ago

Retail

New Government scheme to end tax free shopping for UK visitors

The UK Government this week announced tax free shopping in the UK as we know it will end on 31st December this year. All overseas visitors will no longer be able to obtain a VAT refund on items bought in the UK and take home in their luggage. Furthermore, UK airports will no longer be able to offer duty free items on fashion, accessories and...

8 hours ago

Retail

Never Fully Dressed announces Global-e partnership

Womenswear brand Never Fully Dressed is partnering with Global-e to boost its international offering, with the creation of localised shopping experience tailored to each market. Never Fully Dressed, known for its versatile dressing and wardrobe stables sets, is hoping the partnership with Global-e will accelerate its international growth, while...

13 hours ago

Retail

The current shopping sentiment of consumers

Sensory marketing company, Mood Media, has conducted a research study with 8,000 people across China, France, the UK and US to better understand the current shopping sentiment. The return to non-essential shopping 71 percent of consumers are starting to feel “somewhat” or “very” comfortable returning to physical stores as the coronavirus...

Sep 11, 2020

Retail

Nilit acknowledged for its sustainable initiatives

Manufacturer of nylon 6.6 for apparel, Nilit, has been acknowledged for the company’s sustainable initiatives. Nilit aims to improve its manufacturing footprint, introduce responsible products and support its communities globally. Ilan Melamed, Nilit's general manager, said in a statement: “For 50 years, Nilit has been guided by a strict ethics...

Sep 11, 2020

Retail

Century 21 to shutter operations

Century 21 Stores has become the latest bankruptcy casualty in America. Unfortunately, this one doesn't look like it's ending in an acquisition unless someone sweeps in at the eleventh hour. The off-price designer retail chain will be shutting down all of its stores and ceasing operations. Going-out-of-business sales are expected to begin at 13...

Sep 11, 2020

Retail

Covid-19 impacts consumer’s spending habits this winter

Bazaarvoice, a provider of product reviews and user-generated content (UGC) solutions, surveyed 5,000 global consumers for research concerning consumer sentiment and purchasing habits this winter. Due to the effects of Covid-19, 44 percent of consumers have admitted that their planned holiday spend has been impacted. Online shopping has...

Sep 10, 2020

Retail

Maybelline and TerraCycle launch make-up recycling across UK

L'Oréal owned brand, Maybelline, has partnered with recycling company, TerraCycle, to create its ‘Make-Up, Not Make Waste’ campaign. The make-up recycling programme will be launched across the UK in more than 1,000 locations across Tesco, Sainsbury’s and Superdrug, according to TerraCycle. The way it works is that once TerraCycle has received...

Sep 10, 2020

Retail

Giorgio Armani opens boutique in Monte Carlo

The Armani Group has opened its first Giorgio Armani boutique in Monte Carlo, Monaco, located in the renowned building of the Hôtel Hermitage. The concept of the boutique was personally developed by Giorgio Armani, in collaboration with his team of architects, confirmed the brand, and respects the Belle Époque-style architecture with the...

Sep 10, 2020

Retail

& Other Stories debuts vending machine to sell cosmetics

& Other Stories is discovering new ways to connect with consumers in a retail landscape that has been changed to accommodate social distancing measures. The H&M Group-owned brand has launched a new retail experience in Galeries Lafayette: a vending machine. The vending machine will offer four of the brand's best-loved fragrances from its bath...

Sep 9, 2020

Retail

Jimmy Choo announces collaboration with Timberland

Luxury brand, Jimmy Choo, has launched its collaboration with outdoor lifestyle brand, Timberland. The inspiration behind the collaboration was to blend Timberland’s timeless look with Jimmy Choo’s distinctive style to create off-duty glamour, featuring beauty mogul, Kristen Noel Crawley, and model, Evan Mock, in the campaign. The...

Sep 9, 2020