With the coronavirus having sent most of the world's luxury spending into a tailspin and China the only major economy expected to show growth this year, brands now depend more than ever on Chinese consumers for sales.
Target Corp will kick off its holiday season deals in October this year, at the same time as Amazon.com Inc's Prime Day event, aiming to attract customers who are shopping primarily online due to the Covid-19 pandemic.
London’s Seven Dials area has launched an initiative designed to help start-ups but also to boost the mix of appealing brands in the neighbourhood as it fights back in the battle to attract visitors post-lockdown.
OneStock offered more evidence of the value of its technology solution this week saying that UK retailer Ted Baker managed to fulfil an extra 101,000 online orders in a year following a new omnichannel initiative.
The retailer is bringing back its clothing donation scheme with Oxfam after a six-month hiatus. In line with government guidelines, donated items will be quarantined for 48 hours before being sent to the charity.