Opening Ceremony may have closed down its destination boutique in Soho last spring, but the brand is very much alive and kicking, as the latest collection from its founders – Carol Lim and Humberto Leon - trumpets.
As many luxury brands struggle, we spoke to Sergey Arkhangelskiy, boss of Reality technology start-up Wanna – which is working with the likes of Gucci, Farfetch and Puma – and aiming for a 200% growth rate this year.
If customers can’t come to the store, why not dial up the online performance? That’s what Tommy Hilfiger’s flagship Regent Street, London, store has done with the introduction of a virtual shopping service.
Physical shops may be closed, but 52% of UK retailers are offering products specifically for Valentine’s Day. And 41% are expecting the event to give them a sales boost with average expectations of a 26% increase.
The owner of London’s Westfield shopping centres said on Wednesday it would massively trim down its US presence and complete a remaining €3.2 billion-worth of European asset disposals before the end of 2022.
The BFC has unveiled buy-now-pay-later giant Clearpay as its new Principal Partner for London Fashion Week in a two-year deal that also sees it underwriting all of the BFC talent support initiatives for 2021/22.